HSY Profit Margins

Gross, Operating & Net Margin Analysis for Hershey Co

Margin Quality

Unknown

Current Profit Margins

Gross Margin

0.0%

0.0% YoY

$0.00 gross profit

Operating Margin

0.0%

0.0% YoY

$0.00 operating income

Net Profit Margin

19.8%

3.2% YoY

$2.22B net income

5-Year Margin Trends

2020Revenue: $2.19B
Gross0.0%
Operating0.0%
Net58.4%
2021Revenue: $8.97B
Gross0.0%
Operating0.0%
Net16.5%
2022Revenue: $10.42B
Gross0.0%
Operating0.0%
Net15.8%
2023Revenue: $11.16B
Gross0.0%
Operating0.0%
Net16.7%
2024Revenue: $11.20B
Gross0.0%
Operating0.0%
Net19.8%

What Margins Indicate About HSY

Business Quality

Lower gross margins may reflect commodity-like products or intense price competition in the Consumer Staples.

Operational Efficiency

Stable operating margins suggest consistent execution and predictable business operations.

Profitability

Net margins above 15% demonstrate excellent profitability and suggest strong competitive positioning.

Investment Implications

Mixed margin trends require deeper analysis to understand underlying business dynamics and sustainability.

Understanding Profit Margins

Gross Margin

(Revenue - Cost of Goods Sold) / Revenue. Measures pricing power and production efficiency before operating expenses.

Operating Margin

Operating Income / Revenue. Shows profitability from core operations after all operating expenses but before interest and taxes.

Net Profit Margin

Net Income / Revenue. The bottom line - shows how much profit the company keeps from each dollar of revenue after all expenses.

Analyze HSY Profitability

Get complete financial analysis with profitability trends, ROE, ROIC, and more

Frequently Asked Questions

What is HSY's profit margin?

HSY (Hershey Co) has a net profit margin of 19.8%, meaning the company keeps $0.19828484655287956 in profit for every dollar of revenue. This represents an improvement from the previous year's net margin of 16.7%.

What is HSY's gross margin?

HSY's gross margin is 0.0%. Gross margin measures the percentage of revenue remaining after subtracting the cost of goods sold. A lower gross margin like this reflects the competitive dynamics of the Consumer Staples.

What is HSY's operating margin?

HSY has an operating margin of 0.0%. Operating margin shows profitability after operating expenses but before interest and taxes. This metric helps investors understand how efficiently Hershey Co manages its operations.

Are HSY's profit margins good?

HSY's margins are considered unknown. When evaluating margins, it's important to compare against Food Products peers, as different sectors have structurally different margin profiles.

How do profit margins affect HSY stock?

Profit margins are a key indicator of HSY's business quality and competitive position. High margins suggest strong competitive advantages and pricing power, which typically support premium valuations. Expanding margins often lead to stock price appreciation, while contracting margins can signal competitive pressures.

What drives HSY's profit margins?

HSY's profit margins are influenced by several factors: pricing power vs competitors, operational efficiency, scale advantages, input costs (materials, labor), Food Products-specific dynamics, and management execution. Monitoring margin trends helps identify improving or deteriorating business fundamentals.

Disclaimer: Margin analysis is based on reported financial statements and should be compared to industry peers for context. Different sectors have structurally different margin profiles. This information is for educational purposes only and should not be considered financial advice.

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