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| Date | Value |
|---|---|
| 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% |