Hershey Co (HSY)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 2,473,940 | 2,171,860 | 1,917,070 | 1,797,220 | 1,495,000 |
| Revenue | US$ in thousands | 11,202,300 | 11,165,000 | 10,419,300 | 8,971,340 | 8,149,720 |
| Pretax margin | 22.08% | 19.45% | 18.40% | 20.03% | 18.34% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $2,473,940K ÷ $11,202,300K
= 22.08%
The pretax margin of Hershey Co has shown a generally positive trend over the years, starting at 18.34% in December 2020 and increasing to 22.08% by December 2024. This indicates that the company has been successful in managing its operating expenses and generating higher pre-tax profits relative to its total revenue. The improvement in pretax margin suggests that Hershey Co has been able to enhance its operational efficiency and profitability over the period under consideration. However, it is worth noting that there was a slight dip in the pretax margin from 2021 to 2022, before rebounding in the subsequent years. Overall, the increasing pretax margin reflects positively on Hershey Co's financial performance and operational effectiveness.
Peer comparison
Dec 31, 2024