Hershey (HSY) Tax Rate (2009 - 2026)
Hershey's (HSY) quarterly Tax Rate came in at 22.2% in Q2 2026, down 3574.0% year-over-year from 0.64% in Q2 2025, and down 16.5% quarter-over-quarter from 26.59% in Q1 2026.
Analysis
Hershey (HSY) Tax Rate (2009 - 2026) Analysis & Trends
Hershey (HSY) has reported Tax Rate for 18 consecutive years, with 22.2% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 3574.0% year-over-year to 22.2% in Q2 2026; TTM through Jun 2026 was 22.54%, a 1176.0% increase from a year earlier, with the FY2025 full-year figure at 27.26%, up 1704.0% from the prior year.
- Tax Rate was 22.2% for Q2 2026 at Hershey, down from 26.59% in the prior quarter.
- Over five years, Tax Rate peaked at 57.94% in Q2 2025 and troughed at 10.17% in Q4 2024.
- A 5-year average of 17.61% and a median of 20.94% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 3151 bps in 2025 and slumped 3574 bps in 2026, its largest moves.
- Over 5 years, Tax Rate stood at 9.14% in 2022, then fell by 1 bps to 9.19% in 2023, then fell by 11 bps to 10.17% in 2024, then surged by 232 bps to 13.4% in 2025, then soared by 66 bps to 22.2% in 2026.
- The last three Tax Rate figures came in at 22.2% (Q2 2026), 26.59% (Q1 2026), and 13.4% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Mondelez International | 79.28 Bn | 77.56 Bn | 3.99 Bn | 19.17% |
| 2 | Hershey | 35.12 Bn | 34.33 Bn | 1.26 Bn | 22.20% |
| 3 | Tootsie Roll Industries | 2.90 Bn | 2.76 Bn | 52.63 Mn | 26.93% |
| 4 | J&J Snack Foods | 1.57 Bn | 1.51 Bn | 151.02 Mn | 23.17% |
| 5 | Utz Brands | 1.26 Bn | 1.20 Bn | 96.20 Mn | 1.23% |
| 6 | Sanfilippo John B & Son | 831.44 Mn | 830.29 Mn | 44.15 Mn | 24.30% |
| 7 | Sow Good | 65.17 Mn | 65.17 Mn | - | - |
| 8 | BranchOut Food | 58.99 Mn | 58.69 Mn | 96,825.00 | - |
| 9 | Bridgford Foods | 53.92 Mn | 53.58 Mn | 10.86 Mn | 27.09% |
| 10 | Rocky Mountain Chocolate Factory | 8.78 Mn | 8.17 Mn | 1.41 Mn | - |
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% |
| Dec 31, 2024 | -10.17% |
| Sep 29, 2024 | 13.97% |
| Jun 30, 2024 | 26.43% |
| Mar 31, 2024 | 19.14% |
| Dec 31, 2023 | -9.19% |
| Oct 1, 2023 | 20.64% |
| Jul 2, 2023 | 7.40% |
| Apr 2, 2023 | 22.66% |
| Dec 31, 2022 | -9.14% |
| 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% |