Hershey Co (HSY)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 45.42% | 45.34% | 44.38% | 43.64% | 43.60% | 43.65% | 44.58% | 45.44% | 45.32% | 45.43% | 46.40% | 46.31% | 45.42% | 45.45% | 44.22% | 44.92% | 45.36% | 46.23% | 45.54% | 44.59% |
| Operating profit margin | 23.27% | 23.70% | 22.75% | 22.02% | 21.91% | 21.92% | 22.82% | 23.67% | 22.88% | 22.61% | 23.41% | 23.29% | 21.87% | 20.71% | 19.04% | 19.23% | 19.98% | 21.89% | 21.35% | 20.19% |
| Pretax margin | 19.74% | 20.01% | 18.94% | 18.82% | 18.58% | 18.92% | 20.03% | 20.94% | 20.06% | 19.51% | 20.30% | 19.96% | 18.38% | 18.08% | 16.32% | 16.54% | 17.33% | 19.17% | 18.64% | 17.41% |
| Net profit margin | 16.92% | 17.24% | 16.66% | 15.99% | 15.94% | 15.83% | 16.82% | 17.29% | 16.54% | 16.29% | 16.59% | 16.73% | 15.69% | 14.87% | 13.50% | 13.94% | 14.40% | 16.18% | 15.51% | 14.44% |
Hershey Company's profitability ratios have shown consistency over the past eight quarters based on the provided data. The gross profit margin has remained relatively stable, ranging from 43.16% to 44.98%, indicating that the company is effectively managing its production and distribution costs.
The operating profit margin has also demonstrated stability, with values fluctuating between 21.72% and 23.70%. This suggests that Hershey Company has been efficient in controlling its operating expenses and generating profits from its core business activities.
Moreover, the pretax margin has shown a consistent trend, fluctuating between 18.40% and 20.99%. This indicates that Hershey Company has been successful in managing its tax obligations and other expenses before accounting for taxes.
The net profit margin, which reflects the company's bottom line profitability, has maintained a stable range from 15.69% to 17.29%. This suggests that Hershey Company has been effective in managing its overall expenses, including interest payments and taxes, to generate profits for its shareholders.
Overall, Hershey Company's profitability ratios indicate a consistent and stable performance in managing its costs, expenses, and overall profitability over the past eight quarters.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 21.51% | 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% | 19.61% | 20.45% | 21.51% | 20.13% |
| Return on assets (ROA) | 15.64% | 15.99% | 15.53% | 15.29% | 15.02% | 14.62% | 15.39% | 15.17% | 14.19% | 15.19% | 16.16% | 15.53% | 14.00% | 12.91% | 12.04% | 12.61% | 14.12% | 15.11% | 15.62% | 14.40% |
| Return on total capital | 29.58% | 29.47% | 28.11% | 31.54% | 30.97% | 31.55% | 33.21% | 29.73% | 28.08% | 28.00% | 29.92% | 28.77% | 26.12% | 26.06% | 24.78% | 28.79% | 29.14% | 32.41% | 35.48% | 32.66% |
| Return on equity (ROE) | 45.42% | 48.12% | 48.45% | 49.11% | 49.85% | 51.38% | 56.35% | 55.40% | 53.59% | 56.69% | 63.38% | 62.21% | 57.23% | 57.82% | 61.16% | 66.81% | 66.10% | 72.97% | 72.69% | 79.99% |
Hershey Company's profitability ratios reflect consistent and strong performance over the past eight quarters. The operating return on assets (Operating ROA) has been relatively stable, averaging around 21%, indicating that the company efficiently generates profits from its assets to support operations.
The return on assets (ROA) has also shown a positive trend, averaging around 15%, which suggests that Hershey effectively utilizes its assets to generate profits for its shareholders.
The return on total capital has remained consistently high, averaging around 28%, demonstrating Hershey's ability to generate returns for both debt and equity investors.
Finally, the return on equity (ROE) has consistently exceeded 45%, reaching as high as 56%, indicating that Hershey has been exceptionally effective in generating profits from shareholders' equity.
Overall, Hershey Company's profitability ratios suggest a strong and efficient performance, with a focus on maximizing returns for both investors and operational activities.