Hershey Co (HSY)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 12,946,900 | 11,902,900 | 10,948,800 | 10,412,200 | 9,131,840 |
| Operating ROA | 22.39% | 21.51% | 15.32% | 15.49% | 15.08% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $2,898,230K ÷ $12,946,900K
= 22.39%
The operating return on assets (ROA) of Hershey Co has displayed a consistent and positive trend over the past five years, increasing from 15.08% on December 31, 2020, to 22.39% on December 31, 2024. This indicates that the company has been effectively utilizing its assets to generate operating profits. The upward trajectory of the operating ROA suggests that Hershey Co's operational efficiency and asset management have been improving over time. Overall, the trend in operating ROA reflects positively on the company's ability to generate earnings from its asset base.
Peer comparison
Dec 31, 2024
Company name
Symbol
Operating ROA
Hershey Co
HSY
22.39%
John B Sanfilippo & Son Inc
JBSS
16.52%
Tootsie Roll Industries Inc
TR
8.76%