Operating Income for Hershey (HSY)
According to Hershey's latest reported financial statements, the company's current operating income (TTM) is $1.42B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
HSY
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$1.42B
YoY change
-51.1%
5Y CAGR
-4.5%
Peak year (2024)
$2.90B
Cumulative operating income
$39.35B
Operating Income history chart for Hershey (HSY) from 1985 to 2025
Operating Income history table for Hershey (HSY) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.42B | -51.1% | ||
| 2024 | $2.90B | +13.2% | ||
| 2023 | $2.56B | +13.3% | ||
| 2022 | $2.26B | +10.6% | ||
| 2021 | $2.04B | +14.6% | ||
| 2020 | $1.78B | +11.7% | ||
| 2019 | $1.60B | -1.7% | ||
| 2018 | $1.62B | +23.6% | ||
| 2017 | $1.31B | +8.9% | ||
| 2016 | $1.21B | +16.2% | ||
| 2015 | $1.04B | -27.7% | ||
| 2014 | $1.44B | +5.7% | ||
| 2013 | $1.36B | +17.5% | ||
| 2012 | $1.16B | +9.6% | ||
| 2011 | $1.06B | +16.5% | ||
| 2010 | $905.30M | +18.9% | ||
| 2009 | $761.59M | +29.1% | ||
| 2008 | $589.90M | +28.6% | ||
| 2007 | $458.83M | -53.8% | ||
| 2006 | $992.56M | +15.3% | ||
| 2005 | $860.91M | -4.6% | ||
| 2004 | $902.18M | +13.3% | ||
| 2003 | $796.36M | +14.0% | ||
| 2002 | $698.29M | +12.3% | ||
| 2001 | $621.71M | -0.2% | ||
| 2000 | $622.65M | +11.5% | ||
| 1999 | $558.40M | -13.1% | ||
| 1998 | $642.60M | +2.0% | ||
| 1997 | $630.20M | +11.9% | ||
| 1996 | $563.10M | +10.3% | ||
| 1995 | $510.60M | +7.6% | ||
| 1994 | $474.60M | +3.8% | ||
| 1993 | $457.20M | +6.8% | ||
| 1992 | $428.20M | +9.7% | ||
| 1991 | $390.30M | +11.4% | ||
| 1990 | $350.50M | +12.9% | ||
| 1989 | $310.40M | +16.7% | ||
| 1988 | $266.00M | -9.6% | ||
| 1987 | $294.10M | +8.7% | ||
| 1986 | $270.60M | +10.4% | ||
| 1985 | $245.00M | — |
Operating Income 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) operating income is $1.42B – plunged 51.1% year-over-year.
Hershey operating income has contracted on net over the period, with a -4.5% compound annual growth rate over 2020–2025 (5 years).
Between 2024 and 2025, Hershey operating income plunged 51.1%, falling from $2.90B to $1.42B.
The dataset's maximum operating income sits at $2.90B (2024); the minimum reading of $245.00M dates to 1985.
Within Consumer Defensive, Hershey (HSY) ranks 9th among 8 peers we track. The peer median for operating income is $14.35B.
Hershey Operating Income by Year
Hershey Operating Income 2025: $1.42B
Hershey operating income in 2025 was $1.42B, plunged 51.1% below 2024.
Hershey Operating Income 2024: $2.90B
Hershey operating income in 2024 was $2.90B, grew 13.2% from 2023. This figure represents the highest annual value in the available history.
Hershey Operating Income 2023: $2.56B
Hershey operating income in 2023 was $2.56B, grew 13.3% from 2022.
Hershey Operating Income 2022: $2.26B
Hershey operating income in 2022 was $2.26B, grew 10.6% from 2021.
Hershey Operating Income 2021: $2.04B
Hershey operating income in 2021 was $2.04B.
See more financial history for Hershey (HSY).
Sector peers — Operating Income
Companies in the same sector as Hershey, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $29.82B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $20.45B | Consumer Defensive |
| Altria Group, Inc. (MO) | $15.06B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $14.93B | Consumer Defensive |
| The Coca-Cola Company (KO) | $13.76B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $13.49B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $10.38B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $2.42B | Consumer Defensive |
Frequently asked questions
What is Hershey's operating income?
- Latest reported operating income for Hershey (HSY) is $1.42B (period ending December 31, 2025).
How has Hershey operating income changed year-over-year?
- Hershey (HSY) operating income changed -51.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Hershey operating income?
- Hershey (HSY) operating income compound annual growth rate is -4.5% over the most recent 5 years available.
When did Hershey operating income hit its highest annual value?
- Hershey operating income reached its highest annual value of $2.90B in 2024.
What was Hershey operating income in 2024?
- Hershey (HSY) operating income in 2024 was $2.90B.
What was Hershey operating income in 2025?
- Hershey (HSY) operating income in 2025 was $1.42B.
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.
HSY Economic Scale
Exceeds Malawi's GDP. Compare with world economies.
HSY What If Invested
What if you had invested $1,000? See historical returns from any date.
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
Recent repurchase activity. Shareholder yield & SBC comparison.
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.
HSY Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
HSY Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.