EBITDA for Hershey (HSY)
According to Hershey's latest reported financial statements, the company's current EBITDA (TTM) is $1.76B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

HSY
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$1.76B
YoY change
-53.3%
5Y CAGR
-5.7%
Peak year (2024)
$3.10B
Cumulative EBITDA
$45.88B
EBITDA history chart for Hershey (HSY) from 1985 to 2025
EBITDA history table for Hershey (HSY) from 1985 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $1.45B | -53.3% | ||
| 2024 | $3.10B | +12.7% | ||
| 2023 | $2.75B | +13.0% | ||
| 2022 | $2.44B | +8.7% | ||
| 2021 | $2.24B | +15.4% | ||
| 2020 | $1.94B | +6.5% | ||
| 2019 | $1.82B | -1.5% | ||
| 2018 | $1.85B | +25.8% | ||
| 2017 | $1.47B | -1.4% | ||
| 2016 | $1.49B | +21.6% | ||
| 2015 | $1.23B | -23.5% | ||
| 2014 | $1.61B | +4.0% | ||
| 2013 | $1.54B | +16.6% | ||
| 2012 | $1.32B | +4.0% | ||
| 2011 | $1.27B | +15.4% | ||
| 2010 | $1.10B | +16.8% | ||
| 2009 | $944.88M | +12.3% | ||
| 2008 | $841.19M | +8.9% | ||
| 2007 | $772.23M | -36.0% | ||
| 2006 | $1.21B | +3.3% | ||
| 2005 | $1.17B | +9.6% | ||
| 2004 | $1.07B | +6.6% | ||
| 2003 | $1.00B | +10.7% | ||
| 2002 | $903.75M | +49.8% | ||
| 2001 | $603.13M | -24.5% | ||
| 2000 | $798.61M | +10.7% | ||
| 1999 | $721.70M | -9.9% | ||
| 1998 | $800.80M | +2.3% | ||
| 1997 | $783.00M | +12.4% | ||
| 1996 | $696.60M | +8.1% | ||
| 1995 | $644.50M | +6.8% | ||
| 1994 | $603.60M | +5.8% | ||
| 1993 | $570.30M | +8.6% | ||
| 1992 | $525.30M | +10.4% | ||
| 1991 | $475.70M | +12.1% | ||
| 1990 | $424.40M | +12.8% | ||
| 1989 | $376.10M | +18.3% | ||
| 1988 | $317.90M | -12.8% | ||
| 1987 | $364.70M | +10.6% | ||
| 1986 | $329.60M | +11.9% | ||
| 1985 | $294.60M | — |
EBITDA values are taken from Hershey's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Hershey (HSY) EBITDA is $1.45B – plunged 53.3% year-over-year.
Across 2020–2025 (5 years), Hershey EBITDA produced a CAGR of -5.7% – with a net decline across the window.
Hershey EBITDA plunged from $3.10B in 2024 to $1.45B in 2025, a 53.3% drawdown.
Across the available history, EBITDA reached its high of $3.10B in 2024 and its low of $294.60M in 1985.
Among 8 Consumer Defensive peers, Hershey (HSY) ranks 9th; the peer median for EBITDA is $16.50B.
Hershey EBITDA by Year
Hershey EBITDA 2025: $1.45B
Hershey EBITDA in 2025 was $1.45B, plunged 53.3% below 2024.
Hershey EBITDA 2024: $3.10B
Hershey EBITDA in 2024 was $3.10B, grew 12.7% from 2023. This figure represents the highest annual value in the available history.
Hershey EBITDA 2023: $2.75B
Hershey EBITDA in 2023 was $2.75B, grew 13.0% from 2022.
Hershey EBITDA 2022: $2.44B
Hershey EBITDA in 2022 was $2.44B, grew 8.7% from 2021.
Hershey EBITDA 2021: $2.24B
Hershey EBITDA in 2021 was $2.24B.
See more financial history for Hershey (HSY).
Sector peers — EBITDA
Companies in the same sector as Hershey, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $46.47B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $23.92B | Consumer Defensive |
| The Coca-Cola Company (KO) | $18.70B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $17.46B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $15.54B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $13.40B | Consumer Defensive |
| Altria Group, Inc. (MO) | $10.83B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $2.60B | Consumer Defensive |
Frequently asked questions
What is Hershey's EBITDA?
- Latest reported EBITDA for Hershey (HSY) is $1.76B (period ending December 31, 2025).
How has Hershey EBITDA changed year-over-year?
- Hershey (HSY) EBITDA changed -53.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Hershey EBITDA?
- Hershey (HSY) EBITDA compound annual growth rate is -5.7% over the most recent 5 years available.
When did Hershey EBITDA hit its highest annual value?
- Hershey EBITDA reached its highest annual value of $3.10B in 2024.
What was Hershey EBITDA in 2024?
- Hershey (HSY) EBITDA in 2024 was $3.10B.
What was Hershey EBITDA in 2025?
- Hershey (HSY) EBITDA in 2025 was $1.45B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
HSY Overview
Company profile, financial tools, and key metrics
HSY Revenue Counter
Earns $370.77 every second. See per minute, hour, and day.
HSY Earnings Counter
Earns $28.01 per second net profit. See per minute, hour, and day.
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HSY How It Makes Money
Discover visual breakdown of $11.69B in revenue — where it comes from and where it goes.
HSY Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
HSY Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
HSY Daily Price Character
Steady · 48.2% historical win rate (green days). Streaks & record days.
HSY Buybacks
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HSY Stock Split History
4 splits on record. Dates, ratios, and cumulative multiple.
HSY Dividend Profile
Yield: 2.94%. Safety: 5/8. See full history.
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HSY Dividend Forecast
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