Hershey Co (HSY)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,861,787 | 1,909,041 | 1,789,951 | 1,698,524 | 1,644,817 | 1,584,077 | 1,629,517 | 1,615,191 | 1,477,512 | 1,433,343 | 1,435,699 | 1,403,370 | 1,278,708 | 1,194,508 | 1,072,532 | 1,116,471 | 1,149,692 | 1,279,296 | 1,217,702 | 1,131,717 |
| Revenue (ttm) | US$ in thousands | 11,004,030 | 11,070,300 | 10,743,680 | 10,623,500 | 10,318,580 | 10,004,590 | 9,690,530 | 9,341,870 | 8,933,450 | 8,799,400 | 8,656,350 | 8,386,670 | 8,149,720 | 8,032,600 | 7,947,190 | 8,007,080 | 7,986,250 | 7,906,030 | 7,851,200 | 7,835,600 |
| Net profit margin | 16.92% | 17.24% | 16.66% | 15.99% | 15.94% | 15.83% | 16.82% | 17.29% | 16.54% | 16.29% | 16.59% | 16.73% | 15.69% | 14.87% | 13.50% | 13.94% | 14.40% | 16.18% | 15.51% | 14.44% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,861,787K ÷ $11,004,030K
= 16.92%
The net profit margin of Hershey Company has shown some fluctuations over the past eight quarters. In Q4 2023, the net profit margin was 16.68%, which decreased from the previous quarter at 17.11% in Q3 2023. Despite this decrease, the company's net profit margin remains relatively stable above 15% over the period, indicating solid profitability. It is noteworthy that the net profit margin peaked at 17.29% in Q1 2022 and has since fluctuated within a relatively narrow range. Overall, Hershey Company has demonstrated consistent profitability as reflected in its net profit margin performance.
Peer comparison
Dec 31, 2023