HSY

HERSHEY CO

Ticker: HSYConsumer StaplesFood ProductsS&P 500
HQ HERSHEY, PACIK 47111FY end 12-31Book / share $43.39Shares 105M
Revenue (FY)
$11.69B+4.38%
TTM $12.16B
Op. margin
12.33%-13.54%
TTM 17.78%
Net income
$883.26M-60.24%
TTM $1.49B
Operating cash
$2.28B-10.04%
TTM $2.66B
Free cash flow
$1.82B-5.34%
TTM $2.23B
Return on equity
19.05%-28.06%
TTM 32.64%
Debt / equity
1.17+0.08%
TTM 1.23
Shares outstanding
105.3M+0.00%
TTM 105.2M

The business

The Hershey Company (NYSE: HSY) operates as a global confectionery and snacking leader headquartered in the United States with operations spanning approximately 65 countries worldwide. The company's website is www.thehersheycompany.com.

Hershey manufactures and distributes chocolate, non-chocolate confectionery, gum, mints, protein bars, and salty snack products under more than 85 brand names. The company's iconic portfolio includes Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Kit Kat, Cadbury, Twizzlers, York, SkinnyPop popcorn, and numerous other established brands. The company also operates Hershey's Chocolate World retail locations in Hershey Pennsylvania, New York, Las Vegas, Niagara Falls, and Singapore.

The company organizes its business into three reportable segments: North America Confectionery, North America Salty Snacks, and International. North America Confectionery represents the largest segment, encompassing traditional chocolate and non-chocolate confectionery products, gum, refreshment products, protein bars, spreads, and pantry items sold in the United States and Canada. North America Salty Snacks focuses on ready-to-eat popcorn, baked snacks, and pretzels in the United States. The International segment includes operations in Mexico, Brazil, India, Malaysia, and export markets across Asia, Latin America, the Middle East, Europe, and Africa.

As of December 31, 2025, Hershey employed approximately 17,550 full-time and 2,045 part-time employees worldwide. Approximately 74 percent of the company's manufacturing capacity is located in the United States. The company's principal customers include wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, and department stores. McLane Company, Inc., a major wholesale distributor, accounted for approximately 27 percent of consolidated net sales in 2025.

Hershey's competitive advantages include strong brand equity, extensive distribution networks, product innovation capabilities, and operational scale. The company has made strategic acquisitions including LesserEvil LLC in 2025, the Sour Strips brand in 2024, and Weaver Popcorn assets in 2023 to expand its snacking portfolio and manufacturing capacity. The company traces its heritage to 1894 and was incorporated in Delaware in 1927.

Sector
Consumer Staples
Industry
Food Products
HQ
HERSHEY, PA
FY end
12-31
CIK
47111
SIC
2060
Financial performance · annual
20132025
$-1.22B$2.43B$6.08B$9.73B$13.38B2013201420152016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds HERSHEY CO — across funds, superinvestors and bonds · N-PORT 2026Q1 · 13F 2026-03-31

722
funds hold it
2 of 36
superinvestors hold it
$12.19B
fund-held value
39.7%
of shares held by funds
12
bond issues held by funds

Top fund holders

Fund% of fundValue
Schwab U.S. Dividend Equity ETF
SCHD · SCHWAB STRATEGIC TRUST
1.26%$1.08B
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.05%$977.51M
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.06%$782.65M
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.34%$664.81M
Income Fund of America
AMECX
0.37%$535.56M

Superinvestors in HERSHEY CO

Tom GaynerINCREASED +11.1%
Markel Group (Markel-Gayner)
0.1%
Mark HillmanDECREASED -20.3%
Hillman Capital Management
1.5%

Share of each manager's reported 13F portfolio.

Bonds held by funds

Funds report holding 12 issues of HERSHEY CO's debt, $356.78M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 4.21%, maturing 20262050.

IssueCouponMaturesFundsFund-held
Hershey Co/The4.950%2032-02-2435$70.23M
Hershey Co/The 4.50 05/04/20334.500%2033-05-0428$54.51M
Hershey Co/The4.550%2028-02-2438$41.57M
Hershey Co/The5.100%2035-02-2432$40.44M
Hershey Co/The4.750%2030-02-2432$38.21M
Hershey Co/The4.250%2028-05-0428$37.71M
Hershey Co/The2.450%2029-11-1526$22.95M
Hershey Co/The1.700%2030-06-0130$21.66M
HSY 2.3 08/15/262.300%2026-08-158$12.18M
Hershey Co/The3.130%2049-11-1522$6.64M

The 10 largest by fund-held value, of 12.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Go deeper in your own AI

15 years of statements, narrative and filings — queryable over MCP.

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15 years of HERSHEY CO's financials

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