FN2 Earnings Intelligence
The Hershey Company cash flow
The Hershey Company (HSY) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $329.3 | $463.9 | $401.9 | $730.7 | $925.9 | - | - |
| + Debt | $5,026 | $4,037.8 | $4,509 | $4,497.2 | $4,899.7 | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $8,971.3 | $10,419.3 | $11,165 | $11,202.3 | $11,692.6 | $12,244.7 | $12,588.5 |
| % Growth | 10.1% | 16.1% | 7.2% | 0.3% | 4.4% | 4.7% | 2.8% |
| Gross Profit | $4,048.6 | $4,498.8 | $4,997.8 | $5,300.9 | $3,922.7 | - | - |
| % Margin | 45.1% | 43.2% | 44.8% | 47.3% | 33.5% | - | - |
| EBITDA | $2,358.7 | $2,639.7 | $2,980.7 | $3,353.5 | $1,945.2 | - | - |
| % Margin | 26.3% | 25.3% | 26.7% | 29.9% | 16.6% | - | - |
| Net Income | $1,477.5 | $1,644.8 | $1,861.8 | $2,221.2 | $883.3 | - | - |
| % Margin | 16.5% | 15.8% | 16.7% | 19.8% | 7.6% | - | - |
| Diluted EPS | $7.11 | $7.96 | $9.06 | $10.92 | $4.34 | $8.43 | $9.91 |
| % Growth | 16.4% | 12.0% | 13.8% | 20.5% | -60.3% | 94.2% | 17.6% |
| Operating Cash Flow | $2,082.9 | $2,327.8 | $2,323.2 | $2,531.6 | $2,277.4 | - | - |
| CapEx | $495.9 | $519.5 | $771.1 | $605.9 | $454.6 | - | - |
| Free Cash Flow | $1,587 | $1,808.4 | $1,552.1 | $1,925.7 | $1,822.7 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $8,971.3 | $10,419.3 | $11,165 | $11,202.3 | $11,692.6 | $12,244.7 | $12,588.5 |
| Gross Profit | $4,048.6 | $4,498.8 | $4,997.8 | $5,300.9 | $3,922.7 | - | - |
| EBITDA | $2,358.7 | $2,639.7 | $2,980.7 | $3,353.5 | $1,945.2 | - | - |
| Net Income | $1,477.5 | $1,644.8 | $1,861.8 | $2,221.2 | $883.3 | - | - |
| Diluted EPS | $7.11 | $7.96 | $9.06 | $10.92 | $4.34 | $8.43 | $9.91 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $329.3 | $463.9 | $401.9 | $730.7 | $925.9 |
| Short-term Debt | $939.4 | $693.8 | $719.8 | $1,307 | $218.5 |
| Long-term Debt | $4,086.6 | $3,344 | $3,789.1 | $3,190.2 | $4,681.2 |
| Total Debt | $5,026 | $4,037.8 | $4,509 | $4,497.2 | $4,899.7 |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $2,082.9 | $2,327.8 | $2,323.2 | $2,531.6 | $2,277.4 |
| Capital Expenditure | $495.9 | $519.5 | $771.1 | $605.9 | $454.6 |
| Free Cash Flow | $1,587 | $1,808.4 | $1,552.1 | $1,925.7 | $1,822.7 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 10.1% | 16.1% | 7.2% | 0.3% | 4.4% |
| Gross Margin | 45.1% | 43.2% | 44.8% | 47.3% | 33.5% |
| EBITDA Margin | 26.3% | 25.3% | 26.7% | 29.9% | 16.6% |
| Net Margin | 16.5% | 15.8% | 16.7% | 19.8% | 7.6% |
| FCF Margin | 17.7% | 17.4% | 13.9% | 17.2% | 15.6% |
| Diluted EPS Growth | 16.4% | 12.0% | 13.8% | 20.5% | -60.3% |