Growth Metrics

Hershey (HSY) Gross Margin (2016 - 2025)

Hershey (HSY) has disclosed Gross Margin for 17 consecutive years, with 37.04% as the latest value for Q4 2025.

  • On a quarterly basis, Gross Margin fell 1693.0% to 37.04% in Q4 2025 year-over-year; TTM through Dec 2025 was 33.55%, a 1377.0% decrease, with the full-year FY2025 number at 33.55%, down 1377.0% from a year prior.
  • Gross Margin was 37.04% for Q4 2025 at Hershey, up from 32.61% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 53.97% in Q4 2024 to a low of 30.45% in Q2 2025.
  • A 5-year average of 42.65% and a median of 43.35% in 2021 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: skyrocketed 1170bps in 2024, then crashed -1787bps in 2025.
  • Hershey's Gross Margin stood at 43.54% in 2021, then decreased by -1bps to 43.16% in 2022, then fell by -2bps to 42.27% in 2023, then grew by 28bps to 53.97% in 2024, then tumbled by -31bps to 37.04% in 2025.
  • Per Business Quant, the three most recent readings for HSY's Gross Margin are 37.04% (Q4 2025), 32.61% (Q3 2025), and 30.45% (Q2 2025).