Hershey Co (HSY)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,898,230 | 2,560,870 | 1,677,660 | 1,613,160 | 1,377,110 |
| Revenue | US$ in thousands | 11,202,300 | 11,165,000 | 10,419,300 | 8,971,340 | 8,149,720 |
| Operating profit margin | 25.87% | 22.94% | 16.10% | 17.98% | 16.90% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,898,230K ÷ $11,202,300K
= 25.87%
The operating profit margin of Hershey Co has shown a mixed trend over the years as per the data provided. In December 31, 2020, the operating profit margin was 16.90%, which increased to 17.98% by December 31, 2021. However, in December 31, 2022, there was a slight decline to 16.10%.
The company then experienced a significant improvement in its operating profit margin in the following years. By December 31, 2023, the operating profit margin surged to 22.94%, indicating a notable increase in profitability. This positive trend continued, with the operating profit margin further expanding to 25.87% by December 31, 2024.
Overall, Hershey Co's operating profit margin has exhibited fluctuations, but the recent years have demonstrated substantial growth, reflecting improved operational efficiency and effectiveness in generating profits from its core business activities.
Peer comparison
Dec 31, 2024