Hershey Co (HSY)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,792,493 | 2,369,648 | 2,492,433 | 2,688,359 | 2,612,840 | 2,623,184 | 2,443,855 | 2,339,721 | 2,260,787 | 2,193,313 | 2,211,524 | 2,211,668 | 2,043,722 | 1,989,665 | 2,026,244 | 1,952,942 | 1,782,698 | 1,663,781 | 1,513,186 | 1,539,883 |
| Revenue (ttm) | US$ in thousands | 11,202,260 | 10,971,830 | 11,014,330 | 11,430,130 | 11,164,990 | 11,160,220 | 10,858,380 | 10,740,680 | 10,419,290 | 10,093,080 | 9,724,770 | 9,341,610 | 8,971,340 | 8,830,450 | 8,690,440 | 8,408,350 | 8,149,720 | 8,032,600 | 7,947,190 | 8,007,080 |
| Operating profit margin | 24.93% | 21.60% | 22.63% | 23.52% | 23.40% | 23.50% | 22.51% | 21.78% | 21.70% | 21.73% | 22.74% | 23.68% | 22.78% | 22.53% | 23.32% | 23.23% | 21.87% | 20.71% | 19.04% | 19.23% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,792,493K ÷ $11,202,260K
= 24.93%
Hershey Co's operating profit margin has shown some fluctuations over the past few years. Starting at 19.23% on March 31, 2020, the margin had a slight decrease to 19.04% by June 30, 2020, before gradually increasing to 21.87% by December 31, 2020. This positive trend continued in the following quarters, reaching a peak of 23.68% on March 31, 2022.
However, there were some fluctuations in the operating profit margin after this peak, with a dip to 21.60% on September 30, 2024. The margin then sharply increased to 24.93% by December 31, 2024, indicating a significant improvement in profitability at the end of the period.
Overall, Hershey Co's operating profit margin has shown resilience and an ability to adapt to changing market conditions, with generally positive trends in profitability over the analyzed period. Continued monitoring of this metric will be essential to assess the company's financial performance and operational efficiency in the future.
Peer comparison
Dec 31, 2024