Hershey Co (HSY)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 45.99% | 43.48% | 44.47% | 45.06% | 45.24% | 44.98% | 43.91% | 43.16% | 43.18% | 43.27% | 44.42% | 45.44% | 45.13% | 45.27% | 46.22% | 46.19% | 45.42% | 45.45% | 44.22% | 44.92% |
| 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% |
| Pretax margin | 22.08% | 18.87% | 20.02% | 20.99% | 19.45% | 19.85% | 18.74% | 18.61% | 18.40% | 18.79% | 20.01% | 20.99% | 20.03% | 19.45% | 20.24% | 19.91% | 18.34% | 18.00% | 16.24% | 16.48% |
| Net profit margin | 19.83% | 16.17% | 16.76% | 18.13% | 16.68% | 17.11% | 16.48% | 15.81% | 15.79% | 15.69% | 16.76% | 17.29% | 16.47% | 16.23% | 16.52% | 16.69% | 15.69% | 14.87% | 13.50% | 13.94% |
The Gross Profit Margin of Hershey Co has shown some fluctuations over the past few years, ranging from a low of 43.18% in December 2022 to a high of 46.22% in June 2021. The trend seems to be relatively stable, with the margin generally staying above 44%.
The Operating Profit Margin reflects the company's ability to generate profit from its core operations. It has varied, with a low of 21.60% in September 2024 and a high of 24.93% in December 2024. The margin has generally remained above 20%, suggesting efficient management of operating expenses.
The Pretax Margin, which indicates the company's profitability before taxes, has exhibited fluctuations as well, ranging from a low of 16.24% in June 2020 to a peak of 22.08% in December 2024. The margin has shown an upward trend overall, indicating improved operational efficiency and cost management.
The Net Profit Margin, which measures the company's bottom-line profitability after all expenses, has also shown variability over the years. It has fluctuated between 13.50% in June 2020 and 19.83% in December 2024. The margin has generally been increasing, suggesting effective control over costs and improved overall profitability.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 17.16% | 14.05% | 14.87% | 16.72% | 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% |
| Return on total capital | 57.83% | 57.36% | 64.36% | 68.33% | 61.78% | 62.56% | 62.27% | 63.84% | 64.74% | 71.24% | 76.84% | 76.21% | 74.56% | 79.91% | 90.45% | 87.22% | 80.82% | 85.20% | 91.69% | 98.58% |
| Return on equity (ROE) | 47.11% | 42.18% | 46.04% | 50.44% | 45.42% | 48.12% | 48.45% | 49.11% | 49.85% | 51.38% | 56.35% | 55.40% | 53.59% | 56.69% | 63.38% | 62.21% | 57.14% | 57.82% | 61.16% | 66.81% |
Hershey Co's profitability ratios show a consistent and generally positive trend over the past several quarters.
- Operating return on assets (Operating ROA) has gradually increased from 17.39% in March 2020 to a peak of 21.98% in September 2023, before slightly decreasing to 21.95% in December 2023. The ratio remains relatively strong, indicating that the company is efficiently generating profits from its assets.
- Return on assets (ROA) has also shown a similar upward trend, rising from 12.61% in March 2020 to 17.16% in December 2024. This indicates that Hershey Co is becoming more effective in utilizing its assets to generate profit.
- Return on total capital has fluctuated over the quarters but generally trended downwards, from 98.58% in March 2020 to 57.83% in December 2024. This indicates that the company's ability to generate profit from its total capital has decreased over time.
- Return on equity (ROE) has followed a similar trend to ROA, showing a gradual increase from 66.81% in March 2020 to 47.11% in December 2024. This suggests that Hershey Co is effectively generating returns for its equity shareholders.
Overall, Hershey Co's profitability ratios indicate that the company has been successful in generating profits from its operations and assets, although there have been some fluctuations in the return on total capital. The upward trends in both Operating ROA and ROE are positive signs for the company's financial performance.