Hershey (HSY) EBITDA Margin (2009 - 2026)
Hershey's (HSY) quarterly EBITDA Margin came in at 23.06% in Q2 2026, up 1568.0% year-over-year from 1.38% in Q2 2025, and up 11.71% quarter-over-quarter from 20.64% in Q1 2026.
Analysis
Hershey (HSY) EBITDA Margin (2009 - 2026) Analysis & Trends
Hershey (HSY) has reported EBITDA Margin for 18 consecutive years, with 23.06% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 1568.0% year-over-year to 23.06% in Q2 2026; TTM through Jun 2026 was 17.78%, a 94.0% decrease from a year earlier, with the FY2025 full-year figure at 12.33%, down 1354.0% from the prior year.
- EBITDA Margin was 23.06% for Q2 2026 at Hershey, up from 20.64% in the prior quarter.
- Over five years, EBITDA Margin peaked at 32.53% in Q1 2024 and troughed at 7.37% in Q2 2025.
- A 5-year average of 20.52% and a median of 20.46% in 2022 frame the typical range for EBITDA Margin.
- Across the five-year window, EBITDA Margin tumbled 1937 bps in 2025 and jumped 1568 bps in 2026, its largest moves.
- Over 5 years, EBITDA Margin stood at 19.86% in 2022, then dropped by 12 bps to 17.47% in 2023, then jumped by 86 bps to 32.52% in 2024, then plunged by 56 bps to 14.39% in 2025, then soared by 60 bps to 23.06% in 2026.
- The last three EBITDA Margin figures came in at 23.06% (Q2 2026), 20.64% (Q1 2026), and 14.39% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mondelez International | 79.28 Bn | 77.56 Bn | 3.99 Bn | 20.80% |
| 2 | Hershey | 35.12 Bn | 34.33 Bn | 1.26 Bn | 23.06% |
| 3 | Tootsie Roll Industries | 2.90 Bn | 2.76 Bn | 52.63 Mn | -1.05% |
| 4 | J&J Snack Foods | 1.57 Bn | 1.51 Bn | 151.02 Mn | 10.86% |
| 5 | Utz Brands | 1.26 Bn | 1.20 Bn | 96.20 Mn | -1.48% |
| 6 | Sanfilippo John B & Son | 831.44 Mn | 830.29 Mn | 44.15 Mn | 4.43% |
| 7 | Sow Good | 65.17 Mn | 65.17 Mn | - | - |
| 8 | BranchOut Food | 58.99 Mn | 58.69 Mn | 96,825.00 | -57.54% |
| 9 | Bridgford Foods | 53.92 Mn | 53.58 Mn | 10.86 Mn | -7.04% |
| 10 | Rocky Mountain Chocolate Factory | 8.78 Mn | 8.17 Mn | 1.41 Mn | -11.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 23.06% |
| Mar 29, 2026 | 20.64% |
| Dec 31, 2025 | 14.39% |
| Sep 28, 2025 | 13.66% |
| Jun 29, 2025 | 7.37% |
| Mar 30, 2025 | 13.16% |
| Dec 31, 2024 | 32.52% |
| Sep 29, 2024 | 20.52% |
| Jun 30, 2024 | 13.87% |
| Mar 31, 2024 | 32.53% |
| Dec 31, 2023 | 17.47% |
| Oct 1, 2023 | 24.29% |
| Jul 2, 2023 | 22.51% |
| Apr 2, 2023 | 26.77% |
| Dec 31, 2022 | 19.86% |
| Oct 2, 2022 | 20.40% |
| Jul 3, 2022 | 19.24% |
| Apr 3, 2022 | 27.04% |
| Dec 31, 2021 | 19.74% |
| Oct 3, 2021 | 24.36% |