Hershey Co (HSY)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,221,239 | 1,773,690 | 1,845,966 | 2,072,055 | 1,861,787 | 1,909,041 | 1,789,951 | 1,698,524 | 1,644,817 | 1,584,077 | 1,629,517 | 1,615,191 | 1,477,512 | 1,433,343 | 1,435,699 | 1,403,370 | 1,278,708 | 1,194,508 | 1,072,532 | 1,116,471 |
| 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 |
| 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $2,221,239K ÷ $12,946,900K
= 17.16%
Hershey Co's return on assets (ROA) has shown a generally positive trend over the analyzed periods, starting at 12.61% on March 31, 2020, and peaking at 17.16% on December 31, 2024. The ROA increased to 15.64% by the end of 2023 and further to 16.72% on March 31, 2024. However, there was a slight decline to 14.87% on June 30, 2024.
Overall, the company has maintained a relatively strong ROA performance, indicating that it effectively generates profits from its assets. The improvement in ROA suggests that Hershey Co has been efficiently utilizing its assets to generate earnings for its shareholders. Investors may view this trend positively as it indicates the company's ability to efficiently deploy its resources to generate profitability.
Peer comparison
Dec 31, 2024