Hershey (HSY) Invested Capital (2009 - 2026)
Hershey (HSY) posted quarterly Invested Capital of $504.2 million for Q2 2026, up 66.38% year-over-year from $303.0 million in Q2 2025, and little changed quarter-over-quarter from $504.1 million in Q1 2026.
Hershey (HSY) Invested Capital (2009 - 2026) Analysis & Trends
Hershey (HSY) has reported Invested Capital for 18 consecutive years, with $504.2 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Invested Capital rose 66.38% year-over-year to $504.2 million; the TTM figure through Jun 2026 stood at $6.7 billion (up 13.51% YoY), while the FY2025 annual figure was $5.2 billion, up 36.61% from the prior year.
- Invested Capital steadied at $504.2 million in Q2 2026 per HSY's latest filing, from $504.1 million in the prior quarter.
- Across five years, Invested Capital topped out at $5.2 billion in Q4 2025 and bottomed at $303.0 million in Q2 2025.
- Historically, Invested Capital has averaged $1.6 billion across 5 years, with a median of $866.8 million in 2022.
- Annual changes were most pronounced in 2022 — Invested Capital surged 340.79% — and 2025, when it slumped 77.07%.
- Hershey's Invested Capital stood at $4.1 billion in 2022, then retreated by 0.08% to $4.1 billion in 2023, then slipped by 7.3% to $3.8 billion in 2024, then soared by 36.61% to $5.2 billion in 2025, then slumped by 90.28% to $504.2 million in 2026.
- Business Quant data shows HSY's Invested Capital at $504.2 million in Q2 2026, $504.1 million in Q1 2026, and $5.2 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Mondelez International | 80.42 Bn | 78.71 Bn | 3.99 Bn | 2.66 Bn |
| 2 | Hershey | 27.07 Bn | 26.28 Bn | 1.26 Bn | 504.17 Mn |
| 3 | Tootsie Roll Industries | 3.06 Bn | 2.92 Bn | 52.63 Mn | 8.33 Mn |
| 4 | Sow Good | 64.08 Mn | 61.76 Mn | - | - |
| 5 | Rocky Mountain Chocolate Factory | 12.49 Mn | 11.88 Mn | 1.41 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 504.17 Mn |
| Mar 29, 2026 | 169.46 Mn |
| Dec 31, 2025 | 5.18 Bn |
| Sep 28, 2025 | 214.96 Mn |
| Jun 29, 2025 | 303.02 Mn |
| Mar 30, 2025 | 144.63 Mn |
| Dec 31, 2024 | 3.80 Bn |
| Sep 29, 2024 | 904.82 Mn |
| Jun 30, 2024 | 605.18 Mn |
| Mar 31, 2024 | 1.29 Bn |
| Dec 31, 2023 | 4.09 Bn |
| Oct 1, 2023 | 819.88 Mn |
| Jul 2, 2023 | 8.01 Mn |
| Apr 2, 2023 | 758.09 Mn |
| Dec 31, 2022 | 4.10 Bn |
| Oct 2, 2022 | 752.20 Mn |
| Jul 3, 2022 | 752.57 Mn |
| Apr 3, 2022 | 873.78 Mn |
| Dec 31, 2021 | 4.09 Bn |
| Oct 3, 2021 | 2.81 Mn |