Hershey (HSY) Tax Rate (2009 - 2026)
Hershey's Tax Rate was 22.20% in Q2 2026, down 35.74 percentage points from 57.94% a year earlier and down 4.39 percentage points from the prior quarter.
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Analysis
Hershey (HSY) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hershey's Tax Rate was 22.54% through Jun 28, 2026, up 11.76 percentage points year-over-year; for FY2025, it came in at 27.26%, up 17.04 percentage points from FY2024.
- Tax Rate shows a five-year change of +12.57 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 10.21% in FY2024 (-4.06 pp), 14.28% in FY2023 (+0.08 pp), 14.20% in FY2022 (-3.29 pp) and 17.49% in FY2021 (+2.81 pp).
- Quarterly Tax Rate has moved between -10.17% (Q4 2024) and 57.94% (Q2 2025) over five years.
- Compared with a year earlier, Tax Rate was higher in four of the last eight quarters, with an average year-over-year change of +3.86 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q2 2025 (a gain of 31.51 percentage points); the worst was Q2 2026 (a drop of 35.74 percentage points).
- Per Business Quant data, HSY's Tax Rate in the three quarters before Q2 2026 was 26.59% (Q1 2026), 13.40% (Q4 2025) and 25.70% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 132.43 Bn | 107.80 Bn | - | - |
| 2 | Mondelez International | 73.80 Bn | 67.12 Bn | 3.99 Bn | 19.17% |
| 3 | Hershey | 31.86 Bn | 28.11 Bn | 1.26 Bn | 22.20% |
| 4 | Kraft Heinz | 26.96 Bn | 13.49 Bn | 2.03 Bn | - |
| 5 | General Mills | 17.20 Bn | 14.85 Bn | 1.49 Bn | 24.46% |
| 6 | J M Smucker | 12.70 Bn | 12.49 Bn | 979.60 Mn | 24.21% |
| 7 | Mccormick | 12.49 Bn | 12.36 Bn | 778.20 Mn | 28.84% |
| 8 | Hormel Foods | 10.97 Bn | 7.66 Bn | 471.52 Mn | 42.30% |
| 9 | Chewy | 7.31 Bn | 4.59 Bn | 1.01 Bn | 28.06% |
| 10 | Conagra Brands | 6.43 Bn | 5.74 Bn | 618.70 Mn | 25.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 22.20% |
| Mar 29, 2026 | 26.59% |
| Dec 31, 2025 | 13.40% |
| Sep 28, 2025 | 25.70% |
| Jun 29, 2025 | 57.94% |
| Mar 30, 2025 | 30.73% |
| Sep 29, 2024 | 13.97% |
| Jun 30, 2024 | 26.43% |
| Mar 31, 2024 | 19.14% |
| Oct 1, 2023 | 20.64% |
| Jul 2, 2023 | 7.40% |
| Apr 2, 2023 | 22.66% |
| Oct 2, 2022 | 15.56% |
| Jul 3, 2022 | 21.79% |
| Apr 3, 2022 | 21.25% |
| Dec 31, 2021 | 0.92% |
| Oct 3, 2021 | 14.71% |
| Jul 4, 2021 | 28.01% |
| Apr 4, 2021 | 22.82% |
| Sep 27, 2020 | 20.49% |
API Access
Hershey Tax Rate 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=tax-rate&ticker=HSY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=HSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();