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Companies / Consumer Staples / Hershey Company
HSY

Hershey Company

Consumer StaplesFood ProductsS&P 500
Ticker HSYHERSHEY, PAFiscal year ends DecemberBook value per share $43.39Diluted shares 105.2M

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. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-28
Sales & profitability
$11.69BFY2025
+4.4% year over year
Last 12 mo $12.16B
12.33%FY2025
−13.5 percentage points
Last 12 mo 17.78%
$883.26MFY2025
−60.2% year over year
Last 12 mo $1.49B
19.05%FY2025
−28.1 percentage points
Last 12 mo 32.64%
Cash & financing
$2.28BFY2025
−10.0% year over year
Last 12 mo $2.66B
$1.82BFY2025
−5.3% year over year
Last 12 mo $2.23B
1.17FY2025
Was 1.08× a year earlier
Last 12 mo 1.23
105.3MFY2025
No change, year over year
Last 12 mo 105.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Hershey Company does

In the company’s own words

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.

Company details
Sector
Consumer Staples
Industry (SIC)
Food Products
Headquarters
HERSHEY, PA
Fiscal year end
December
CIK
47111
SIC
2060

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.22B$2.43B$6.08B$9.73B$13.38B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Hershey Company — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

738
funds hold it
2 of 35
superinvestors hold it
$9.47B
held by funds, at market
35.8%
of shares held by funds
12
bond issues held by funds

Superinvestors in Hershey Company · what they did last quarter

Tom GaynerUNCHANGED
Markel Group (Markel-Gayner)
0.1%of 13F portfolio
Mark HillmanUNCHANGED
Hillman Capital Management
1.3%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Hershey Company’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.04%of fund net assets
Schwab U.S. Dividend Equity ETF
SCHD · SCHWAB STRATEGIC TRUST
0.72%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.04%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.25%of fund net assets
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Hershey Company’s bonds, as funds hold them

Funds report holding 12 issues of Hershey Company’s debt, $354.62M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.18%, maturing 2026 to 2050.

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.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Hershey Company and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Hershey Company's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Hershey Company's last four quarterly filings that the numbers alone won't show?”
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