Hershey (HSY) Tax Rate (2009 - 2026)

Hershey (HSY) reported Tax Rate of 26.59% for Q1 2026, down 414.0% year-over-year from 8.47% in Q1 2025, and up 98.43% quarter-over-quarter from 13.4% in Q4 2025.

Hershey (HSY) Tax Rate (2009 - 2026) Analysis & Trends

Hershey (HSY) has 18 years of Tax Rate data on file, last reported at 26.59% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 26.59%, down 414.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 26.23% (up 1721.0% YoY), and the FY2025 annual result was 27.26%, up 1704.0% from the prior year.
  • Tax Rate advanced to 26.59% in Q1 2026 per HSY's latest filing, from 13.4% 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 17.33% and a median of 20.64% in 2023 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2023 and 2025: Tax Rate sank 1438 bps in 2023, then surged 3151 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 9.14% in 2022, then retreated by 1 bps to 9.19% in 2023, then retreated by 11 bps to 10.17% in 2024, then soared by 232 bps to 13.4% in 2025, then jumped by 98 bps to 26.59% in 2026.
  • Business Quant data shows HSY's Tax Rate at 26.59% in Q1 2026, 13.4% in Q4 2025, and 25.7% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Mondelez International 80.71 Bn 79.24 Bn 2.80 Bn 29.42%
2 Hershey 9.96 Bn 9.08 Bn 1.22 Bn 26.59%
3 Tootsie Roll Industries 2.93 Bn 2.87 Bn 51.29 Mn 25.09%
4 Sow Good 40.34 Mn 38.02 Mn - -
5 Rocky Mountain Chocolate Factory 12.93 Mn 11.72 Mn -13.21 Mn -5.79%
6 Tootsie Roll Industries - - 51.29 Mn 25.09%

Historic Data

Download Data
DateValue
Mar 29, 2026 26.59%
Mar 29, 2026 26.59%
Dec 31, 2025 13.40%
Dec 31, 2025 13.40%
Sep 28, 2025 25.70%
Sep 28, 2025 25.70%
Jun 29, 2025 57.94%
Jun 29, 2025 57.94%
Mar 30, 2025 30.73%
Mar 30, 2025 30.73%
Dec 31, 2024 -10.17%
Dec 31, 2024 -10.17%
Sep 29, 2024 13.97%
Sep 29, 2024 13.97%
Jun 30, 2024 26.43%
Jun 30, 2024 26.43%
Mar 31, 2024 19.14%
Mar 31, 2024 19.14%
Dec 31, 2023 -9.19%
Dec 31, 2023 -9.19%