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Shares Outstanding for Hershey (HSY)

According to Hershey's latest reported financial statements, the company's latest reported diluted shares outstanding is 203.27M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Latest period

203.27M

YoY change

-0.1%

5Y CAGR

-0.6%

Peak year (1985)

380.00M

Latest annual

203.27M

Shares Outstanding history chart for Hershey (HSY) from 1985 to 2025

Shares Outstanding history table for Hershey (HSY) from 1985 to 2025

Fiscal yearPeriod endedReportedShares OutstandingYoY
2025203.27M-0.1%
2024203.49M-1.0%
2023205.55M-0.5%
2022206.57M-0.6%
2021207.76M-0.8%
2020209.41M-0.6%
2019210.70M-0.1%
2018210.99M-1.3%
2017213.74M-0.7%
2016215.30M-2.4%
2015220.65M-1.9%
2014224.84M-1.0%
2013227.20M-0.5%
2012228.34M-0.7%
2011229.92M-0.2%
2010230.31M+0.6%
2009229.00M+0.1%
2008228.70M-1.2%
2007231.45M-3.1%
2006238.91M-3.8%
2005248.29M-3.4%
2004256.93M-2.9%
2003264.50M-4.0%
2002275.48M+0.0%
2001275.39M-2.9%
2000283.51M+0.4%
1999282.39M-3.1%
1998291.37M-3.4%
1997301.61M-3.4%
1996312.23M-7.8%
1995338.65M-2.6%
1994347.55M-3.8%
1993361.31M-0.2%
1992362.09M-0.2%
1991362.81M-0.0%
1990362.86M+0.7%
1989360.21M-0.6%
1988362.54M+0.3%
1987361.46M-3.4%
1986374.08M-1.6%
1985380.00M

Shares Outstanding 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

In 2025, Hershey (HSY) diluted shares outstanding totalled 203.27M – edged down 0.1% year-over-year.

Hershey diluted shares outstanding compound annual growth for the 2020–2025 (5 years) window is -0.6%, with a net decline across the window.

Hershey diluted shares outstanding peaked at 380.00M in 1985; the latest annual figure is 203.27M in 2025 (46.5% below peak).

Across the available history, diluted shares outstanding reached its high of 380.00M in 1985 and its low of 203.27M in 2025.

Among 8 Consumer Defensive peers, Hershey (HSY) ranks 9th; the peer median for diluted shares outstanding is 1.62B.

Hershey Shares Outstanding by Year

Hershey Shares Outstanding 2025: 203.27M

Hershey diluted shares outstanding in 2025 was 203.27M, edged down 0.1% below 2024. This figure represents the lowest annual value in the available history.

Hershey Shares Outstanding 2024: 203.49M

Hershey diluted shares outstanding in 2024 was 203.49M, edged down 1.0% below 2023.

Hershey Shares Outstanding 2023: 205.55M

Hershey diluted shares outstanding in 2023 was 205.55M, edged down 0.5% below 2022.

Hershey Shares Outstanding 2022: 206.57M

Hershey diluted shares outstanding in 2022 was 206.57M, edged down 0.6% below 2021.

Hershey Shares Outstanding 2021: 207.76M

Hershey diluted shares outstanding in 2021 was 207.76M.

See more financial history for Hershey (HSY).

Sector peers — Shares Outstanding

Companies in the same sector as Hershey, ranked by their latest diluted shares outstanding.

CompanyShares OutstandingSector
Walmart Inc. (WMT)8.02BConsumer Defensive
The Coca-Cola Company (KO)4.31BConsumer Defensive
The Procter & Gamble Company (PG)2.45BConsumer Defensive
Altria Group, Inc. (MO)1.68BConsumer Defensive
Philip Morris International Inc. (PM)1.56BConsumer Defensive
PepsiCo, Inc. (PEP)1.37BConsumer Defensive
Monster Beverage Corporation (MNST)984.45MConsumer Defensive
Costco Wholesale Corporation (COST)444.80MConsumer Defensive

Frequently asked questions

What is Hershey's diluted shares outstanding?

Latest reported diluted shares outstanding for Hershey (HSY) is 203.27M (period ending December 31, 2025).

How has Hershey diluted shares outstanding changed year-over-year?

Hershey (HSY) diluted shares outstanding changed -0.1% year-over-year on the latest annual filing.

What is the long-term growth rate of Hershey diluted shares outstanding?

Hershey (HSY) diluted shares outstanding compound annual growth rate is -0.6% over the most recent 5 years available.

When did Hershey diluted shares outstanding hit its highest annual value?

Hershey diluted shares outstanding reached its highest annual value of 380.00M in 1985.

What was Hershey diluted shares outstanding in 2024?

Hershey (HSY) diluted shares outstanding in 2024 was 203.49M.

What was Hershey diluted shares outstanding in 2025?

Hershey (HSY) diluted shares outstanding in 2025 was 203.27M.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.