Hershey (HSY) Net Margin (2009 - 2026)
Hershey's (HSY) quarterly Net Margin came in at 16.42% in Q2 2026, up 1402.0% year-over-year from 1.09% in Q2 2025, and up 17.14% quarter-over-quarter from 14.02% in Q1 2026.
Analysis
Hershey (HSY) Net Margin (2009 - 2026) Analysis & Trends
Hershey (HSY) has reported Net Margin for 18 consecutive years, with 16.42% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 1402.0% year-over-year to 16.42% in Q2 2026; TTM through Jun 2026 was 12.24%, a 130.0% decrease from a year earlier, with the FY2025 full-year figure at 7.55%, down 1227.0% from the prior year.
- Net Margin was 16.42% for Q2 2026 at Hershey, up from 14.02% in the prior quarter.
- Over five years, Net Margin peaked at 27.59% in Q4 2024 and troughed at 2.4% in Q2 2025.
- A 5-year average of 14.71% and a median of 14.79% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin soared 1445 bps in 2024 and plunged 1723 bps in 2025, its largest moves.
- Over 5 years, Net Margin stood at 14.94% in 2022, then retreated by 12 bps to 13.14% in 2023, then jumped by 110 bps to 27.59% in 2024, then tumbled by 62 bps to 10.35% in 2025, then soared by 59 bps to 16.42% in 2026.
- The last three Net Margin figures came in at 16.42% (Q2 2026), 14.02% (Q1 2026), and 10.35% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mondelez International | 78.21 Bn | 76.55 Bn | 3.99 Bn | 16.41% |
| 2 | Hershey | 35.00 Bn | 34.21 Bn | 1.26 Bn | 16.42% |
| 3 | Tootsie Roll Industries | 2.91 Bn | 2.77 Bn | 52.63 Mn | 8.64% |
| 4 | Utz Brands | 2.05 Bn | 2.61 Bn | 96.20 Mn | -4.30% |
| 5 | J&J Snack Foods | 1.57 Bn | 1.50 Bn | 151.02 Mn | 8.29% |
| 6 | Sanfilippo John B & Son | 847.35 Mn | 846.20 Mn | 44.15 Mn | 3.00% |
| 7 | Sow Good | 61.10 Mn | 61.10 Mn | - | - |
| 8 | BranchOut Food | 58.35 Mn | 58.05 Mn | 96,825.00 | -63.89% |
| 9 | Bridgford Foods | 54.91 Mn | 54.58 Mn | 10.86 Mn | -4.27% |
| 10 | Rocky Mountain Chocolate Factory | 9.30 Mn | 8.69 Mn | 1.41 Mn | -19.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 16.42% |
| Mar 29, 2026 | 14.02% |
| Dec 31, 2025 | 10.35% |
| Sep 28, 2025 | 8.69% |
| Jun 29, 2025 | 2.40% |
| Mar 30, 2025 | 7.99% |
| Dec 31, 2024 | 27.59% |
| Sep 29, 2024 | 14.94% |
| Jun 30, 2024 | 8.72% |
| Mar 31, 2024 | 24.52% |
| Dec 31, 2023 | 13.14% |
| Oct 1, 2023 | 17.11% |
| Jul 2, 2023 | 16.34% |
| Apr 2, 2023 | 19.65% |
| Dec 31, 2022 | 14.94% |
| Oct 2, 2022 | 14.64% |
| Jul 3, 2022 | 13.30% |
| Apr 3, 2022 | 20.01% |
| Dec 31, 2021 | 14.61% |
| Oct 3, 2021 | 18.85% |