HSYHERSHEY CO
Sugar & Confectionery Products
- Revenue
- $11.7B
- 4.4% YoY
- Operating margin
- 12.3%
- 52% YoY
- EBITDA
- $1.9B
- 42% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 2.1×
- $4.1B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear258% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear48% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear21% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $9.0B | $10.4B | $11.2B | $11.2B | $11.7B | 4.4% |
| Operating income | $2.0B | $2.3B | $2.6B | $2.9B | $1.4B | 50% |
| Net income | $1.5B | $1.6B | $1.9B | $2.2B | $883M | 60% |
| Operating cash flow | $2.1B | $2.3B | $2.3B | $2.5B | $2.3B | 10% |
| Capex | $496M | $519M | $771M | $606M | $455M | 25% |
| Stock-based comp | $67M | $66M | $81M | $44M | $65M | 47% |
| Buybacks | $458M | $389M | $265M | $494M | $0 | 100% |
| Dividends | $686M | $775M | $889M | $1.1B | $1.1B | 0.0% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $65M · 156
- Net
- −$65M
Pay vs performance
No pay-versus-performance disclosure yet.