Hershey (HSY) Goodwill (2009 - 2026)
Hershey (HSY) recorded Goodwill of $2.99 billion in Q2 2026, up 10.0% from $2.71 billion a year earlier but down 0.3% from the prior quarter.
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Analysis
Hershey (HSY) Goodwill (2009 - 2026) Analysis & Trends
At the end of FY2025, Hershey reported Goodwill of $3 billion, up 10.7% from FY2024.
- Annual Goodwill has increased for three straight years, with a five-year compound annual growth rate of 8.5% (FY2020 to FY2025).
- Across earlier years, Goodwill came in at $2.71 billion in FY2024 (+0.4%), $2.7 billion in FY2023 (+3.4%), $2.61 billion in FY2022 (-1.0%) and $2.63 billion in FY2021 (+32.4%).
- Quarterly Goodwill has ranged from $2.16 billion in Q3 2021 to $3 billion in Q4 2025 over the past five years.
- On a year-over-year basis, Goodwill has increased for seven consecutive quarters, with growth averaging 4.2% over the last eight quarters.
- Peak year-over-year performance for Goodwill in the last five years was growth of 32.4% in Q4 2021, against a decline of 1.0% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.99 billion (Q1 2026), $3 billion (Q4 2025) and $2.71 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unilever | 136.33 Bn | 111.70 Bn | - |
| 2 | Mondelez International | 76.81 Bn | 70.13 Bn | 3.99 Bn |
| 3 | Hershey | 33.25 Bn | 29.49 Bn | 1.26 Bn |
| 4 | Kraft Heinz | 27.93 Bn | 14.46 Bn | 2.03 Bn |
| 5 | General Mills | 17.97 Bn | 15.62 Bn | 1.49 Bn |
| 6 | Mccormick | 13.05 Bn | 12.93 Bn | 778.20 Mn |
| 7 | J M Smucker | 12.89 Bn | 12.67 Bn | 979.60 Mn |
| 8 | Hormel Foods | 10.99 Bn | 7.67 Bn | 471.52 Mn |
| 9 | Chewy | 7.48 Bn | 4.77 Bn | 1.01 Bn |
| 10 | Conagra Brands | 6.78 Bn | 5.76 Bn | 704.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 2.99 Bn |
| Mar 29, 2026 | 2.99 Bn |
| Dec 31, 2025 | 3.00 Bn |
| Sep 28, 2025 | 2.71 Bn |
| Jun 29, 2025 | 2.71 Bn |
| Mar 30, 2025 | 2.71 Bn |
| Dec 31, 2024 | 2.71 Bn |
| Sep 29, 2024 | 2.69 Bn |
| Jun 30, 2024 | 2.69 Bn |
| Mar 31, 2024 | 2.69 Bn |
| Dec 31, 2023 | 2.70 Bn |
| Oct 1, 2023 | 2.69 Bn |
| Jul 2, 2023 | 2.70 Bn |
| Apr 2, 2023 | 2.61 Bn |
| Dec 31, 2022 | 2.61 Bn |
| Oct 2, 2022 | 2.60 Bn |
| Jul 3, 2022 | 2.62 Bn |
| Apr 3, 2022 | 2.62 Bn |
| Dec 31, 2021 | 2.63 Bn |
| Oct 3, 2021 | 2.16 Bn |
API Access
Hershey Goodwill API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill&ticker=HSY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "ticker": "HSY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=goodwill&ticker=HSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();