TTM
18.1%
YoY change
-11.00pp
Trough year (FY2001)
13.2%
Peak year (FY2024)
27.7%
Latest annual
16.7%
EBITDA Margin history chart for Hershey (HSY) from 2016 to 2025
Latest: 16.7%
EBITDA Margin change chart for Hershey (HSY) from 2016 to 2025
Latest: -11.00pp
EBITDA Margin history table for Hershey (HSY) from 1985 to 2025
| FY2025 | 16.7% | -11.00pp | ||
| FY2024 | 27.7% | +3.05pp | ||
| FY2023 | 24.7% | +1.28pp | ||
| FY2022 | 23.4% | -1.61pp | ||
| FY2021 | 25.0% | +1.15pp | ||
| FY2020 | 23.8% | +1.00pp | ||
| FY2019 | 22.8% | -0.93pp | ||
| FY2018 | 23.8% | +4.18pp | ||
| FY2017 | 19.6% | -0.48pp | ||
| FY2016 | 20.1% | +3.45pp | ||
| FY2015 | 16.6% | -5.01pp | ||
| FY2014 | 21.6% | +0.02pp | ||
| FY2013 | 21.6% | +1.68pp | ||
| FY2012 | 19.9% | -1.01pp | ||
| FY2011 | 20.9% | +1.48pp | ||
| FY2010 | 19.5% | +1.63pp | ||
| FY2009 | 17.8% | +1.44pp | ||
| FY2008 | 16.4% | +0.78pp | ||
| FY2007 | 15.6% | -8.80pp | ||
| FY2006 | 24.4% | +0.26pp | ||
| FY2005 | 24.2% | +0.08pp | ||
| FY2004 | 24.1% | +0.10pp | ||
| FY2003 | 24.0% | +2.04pp | ||
| FY2002 | 21.9% | +8.70pp | ||
| FY2001 | 13.2% | -5.69pp | ||
| FY2000 | 18.9% | +0.75pp | ||
| FY1999 | 18.2% | +0.12pp | ||
| FY1998 | 18.1% | -0.15pp | ||
| FY1997 | 18.2% | +0.74pp | ||
| FY1996 | 17.5% | -0.00pp | ||
| FY1995 | 17.5% | +0.73pp | ||
| FY1994 | 16.7% | +0.39pp | ||
| FY1993 | 16.3% | +0.03pp | ||
| FY1992 | 16.3% | -0.09pp | ||
| FY1991 | 16.4% | +0.78pp | ||
| FY1990 | 15.6% | +0.09pp | ||
| FY1989 | 15.5% | +0.87pp | ||
| FY1988 | 14.7% | -0.32pp | ||
| FY1987 | 15.0% | -0.21pp | ||
| FY1986 | 15.2% | +0.43pp | ||
| FY1985 | 14.8% | — |
- FY202516.7%-11.00pp
- FY202427.7%+3.05pp
- FY202324.7%+1.28pp
- FY202223.4%-1.61pp
- FY202125.0%+1.15pp
- FY202023.8%+1.00pp
- FY201922.8%-0.93pp
- FY201823.8%+4.18pp
- FY201719.6%-0.48pp
- FY201620.1%+3.45pp
- FY201516.6%-5.01pp
- FY201421.6%+0.02pp
- FY201321.6%+1.68pp
- FY201219.9%-1.01pp
- FY201120.9%+1.48pp
- FY201019.5%+1.63pp
- FY200917.8%+1.44pp
- FY200816.4%+0.78pp
- FY200715.6%-8.80pp
- FY200624.4%+0.26pp
- FY200524.2%+0.08pp
- FY200424.1%+0.10pp
- FY200324.0%+2.04pp
- FY200221.9%+8.70pp
- FY200113.2%-5.69pp
- FY200018.9%+0.75pp
- FY199918.2%+0.12pp
- FY199818.1%-0.15pp
- FY199718.2%+0.74pp
- FY199617.5%-0.00pp
- FY199517.5%+0.73pp
- FY199416.7%+0.39pp
- FY199316.3%+0.03pp
- FY199216.3%-0.09pp
- FY199116.4%+0.78pp
- FY199015.6%+0.09pp
- FY198915.5%+0.87pp
- FY198814.7%-0.32pp
- FY198715.0%-0.21pp
- FY198615.2%+0.43pp
- FY198514.8%—
EBITDA Margin values are taken from Hershey's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA Margin at Hershey (HSY)
According to Hershey's latest reported financial statements, the company's latest reported EBITDA margin is 18.1%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual EBITDA margin for Hershey (HSY) came in at 16.70% – contracted 11.0 percentage points year-over-year.
27.70% stands as the all-time-high annual EBITDA margin, posted in 2024, against a low of 13.23% during 2001.
Hershey EBITDA Margin by Year
Hershey EBITDA Margin 2025: 16.7%
In 2025, Hershey reported EBITDA margin of 16.70%, contracted 11.0 percentage points from 2024.
Hershey EBITDA Margin 2024: 27.7%
Hershey EBITDA margin in 2024 was 27.70%, expanded 3.0 percentage points from 2023. This figure represents the highest annual value in the available history.
Hershey EBITDA Margin 2023: 24.7%
2023's EBITDA margin for Hershey came in at 24.66%, expanded 1.3 percentage points from 2022.
Hershey EBITDA Margin 2022: 23.4%
Hershey posted EBITDA margin of 23.38% in 2022, contracted 1.6 percentage points from 2021.
Hershey EBITDA Margin 2021: 25.0%
Hershey EBITDA margin in 2021 was 24.99%.
See more financial history for Hershey (HSY).
Sector peers by EBITDA Margin
Consumer Defensive peers of Hershey (HSY), ranked by their latest EBITDA margin
| 54.4% | |
| 42.8% | |
| 39.0% | |
| 31.6% | |
| 28.7% | |
| 19.2% | |
| 6.6% | |
| 4.9% |
- 54.4%
- 39.0%
- 19.2%
- 6.6%
- 4.9%
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- Buybacks0.16% TTM
- Dividend Profile3.28% yield
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- Stock Split History4 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.