Hershey Co (HSY)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 12,946,900 | 12,621,400 | 12,415,700 | 12,389,800 | 11,902,900 | 11,935,700 | 11,525,700 | 11,111,500 | 10,948,800 | 10,832,900 | 10,588,900 | 10,645,000 | 10,412,200 | 9,439,180 | 8,883,860 | 9,038,130 | 9,131,840 | 9,255,030 | 8,911,070 | 8,855,440 |
| Operating ROA | 21.57% | 18.77% | 20.07% | 21.70% | 21.95% | 21.98% | 21.20% | 21.06% | 20.65% | 20.25% | 20.89% | 20.78% | 19.63% | 21.08% | 22.81% | 21.61% | 19.52% | 17.98% | 16.98% | 17.39% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $2,792,493K ÷ $12,946,900K
= 21.57%
The operating return on assets (ROA) for Hershey Co has shown fluctuations over the reporting periods provided. Starting from March 31, 2020, where the operating ROA was 17.39%, it gradually increased to a peak of 22.81% on June 30, 2021, indicating improved efficiency in generating operating profits from its assets.
However, there was a slight decline in operating ROA in the subsequent periods, with the lowest point at 18.77% on September 30, 2024. This could suggest potential challenges in maximizing profitability relative to assets during that period.
Overall, Hershey Co has demonstrated a strong operating ROA performance, with the metric ranging from 16.98% to 22.81% over the analyzed periods. Investors and stakeholders may want to further evaluate the company's operations and asset utilization strategies to understand the drivers behind the fluctuations observed in the operating ROA.
Peer comparison
Dec 31, 2024