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The Hershey Company (HSY) Gross Margin: 34.76%

Is The Hershey Company’s gross margin high or low?

The Hershey Company's gross margin of 34.76% is 19% below its 5-year average of 43.18%, near the low end of its 5-year range (33.27%–47.32%).

As of Saturday, June 20, 2026. 13.74% below its 12-month average of 40.30%.

HSY Gross Margin Chart

HSY Gross Margin
33.27%-29.69% 1Y
Zoom

HSY Average Gross Margin Chart

HSY Current vs Average Gross Margin Chart

HSY Gross Margin Metrics

GROSS MARGIN

34.76%

GROSS MARGIN AVG TTM

40.30%

GROSS MARGIN AVG 3Y

42.13%

GROSS MARGIN AVG 5Y

43.18%

GROSS MARGIN AVG 10Y

44.06%

GROSS MARGIN AVG 15Y

44.64%

GROSS MARGIN AVG 20Y

42.15%

CURRENT VS TTM AVG

-13.74%

CURRENT VS 3Y AVG

-17.50%

CURRENT VS 5Y AVG

-19.50%

CURRENT VS 10Y AVG

-21.11%

CURRENT VS 15Y AVG

-22.13%

CURRENT VS 20Y AVG

-17.53%

HSY Competitors' Gross Margin

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
The Hershey Company (HSY)$35.02B34.76%40.30%42.13%43.18%
The Kroger Co. (KR)vs ›$34.90B23.18%23.00%22.75%22.34%
Kimberly-Clark Corporation (KMB)vs ›$34.04B35.86%35.70%34.16%33.85%
Sysco Corporation (SYY)vs ›$37.63B18.54%18.46%18.29%18.28%
The Estée Lauder Companies Inc. (EL)vs ›$30.67B73.40%72.78%73.15%74.02%
Kellanova (K)vs ›$29.03B34.81%34.14%32.73%32.92%
Keurig Dr Pepper Inc. (KDP)vs ›$41.85B53.78%54.88%54.10%54.54%
The Kraft Heinz Company (KHC)vs ›$27.06B33.33%34.01%33.05%33.11%
Dollar General Corporation (DG)vs ›$25.04B30.83%30.13%30.44%30.67%
Constellation Brands, Inc. (STZ)vs ›$24.22B51.67%51.25%50.67%51.12%

Gross Margin Analysis

Gross Margin

34.8%

(Revenue - COGS) / Revenue

The Hershey Company Gross Margin Formula & Definition

Gross Margin = Gross Profit / Revenue

Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

The Hershey Company Gross Margin FAQ

What is the gross margin for The Hershey Company (HSY)?
The gross margin for HSY stock is 34.76%.
Is The Hershey Company's gross margin high or low?
The Hershey Company's gross margin of 34.76% is 19% below its 5-year average of 43.18%, near the low end of its 5-year range (33.27%–47.32%).
What is the TTM average gross margin for The Hershey Company (HSY)?
The TTM average gross margin for HSY stock is 40.30%.
What is the 3Y average gross margin for The Hershey Company (HSY)?
The 3Y average gross margin for HSY stock is 42.13%.
What is the 5Y average gross margin for The Hershey Company (HSY)?
The 5Y average gross margin for HSY stock is 43.18%.
What is the 10Y average gross margin for The Hershey Company (HSY)?
The 10Y average gross margin for HSY stock is 44.06%.
What is the 15Y average gross margin for The Hershey Company (HSY)?
The 15Y average gross margin for HSY stock is 44.64%.
What is the 20Y average gross margin for The Hershey Company (HSY)?
The 20Y average gross margin for HSY stock is 42.15%.

The Hershey Company Gross Margin History

DATEGROSS MARGIN
2025-12-3133.27%
2024-12-3147.32%
2023-12-3144.76%
2022-12-3143.18%
2021-12-3145.13%
2020-12-3145.42%
2019-12-3145.36%
2018-12-3145.89%
2017-12-3145.98%
2016-12-3142.60%
2015-12-3145.79%
2014-12-3144.95%
2013-12-3145.91%
2012-12-3143.04%
2011-12-3141.64%
2010-12-3142.59%
2009-12-3138.75%
2008-12-3134.25%
2007-12-3132.98%
2006-12-3137.77%
2005-12-3138.53%
2004-12-3139.37%
2003-12-3139.01%
2002-12-3137.84%
2001-12-3132.23%
2000-12-3131.97%
1999-12-3144.81%
1998-12-3144.38%
1997-12-3145.70%
1996-12-3145.64%

About The Hershey Company

The Hershey Company, operating with its various subsidiaries, serves as a key manufacturer and distributor of both sweet confections and general household pantry items. Its market reach extends across the United States and globally. The enterprise strategically divides its operations into three main business segments: North America Confectionery, North America Salty Snacks, and an International division. Its extensive product catalog features a wide array of offerings. This includes various chocolate and non-chocolate candies, as well as refreshing chewing gums and mints. Beyond traditional treats, Hershey also supplies pantry essentials such as baking ingredients, dessert toppings, a range of beverages, and sundae syrups. Furthermore, their snack collection encompasses diverse items like spreads, meat snacks, various bars and snack bites, popcorn, and protein bars. The company markets its broad product line under numerous iconic brand names. Its extensive brand portfolio includes household names such as Hershey's, Reese's, Kisses, Jolly Rancher, Kit Kat, Twizzlers, York, and Ice Breakers, alongside other popular confectionery brands like Almond Joy, Cadbury, Heath, Payday, Rolo, and Whoppers. The snack segment features well-known names like SkinnyPop, Pirates Booty, Paqui, Dot's Homestyle Pretzels, and ONE Bar, complemented by international offerings such as Pelon Pelo Rico, IO-IO, and Sofit. Hershey distributes its merchandise through a comprehensive network of channels. These include wholesale distributors, major grocery store chains, large-scale retailers, pharmacies, vending machine operators, warehouse clubs, convenience stores, discount stores, concession stands, and department stores. Established in 1894, The Hershey Company maintains its corporate headquarters in Hershey, Pennsylvania.

Hershey, PA
18,540 employees
Consumer Defensive / Food Confectioners
Sector
Consumer Defensive
Industry
Food Confectioners
CEO
Kirk C. Tanner