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Hershey Co

Consumer Defensive US HSY

193.06USD
1.36(0.71%)

Last update at 2024-08-30T20:10:00Z

Day Range

191.19193.18
LowHigh

52 Week Range

181.27272.64
LowHigh

Fundamentals

  • Previous Close 191.70
  • Market Cap37271.81M
  • Volume1316010
  • P/E Ratio19.64
  • Dividend Yield2.62%
  • EBITDA3000.16M
  • Revenue TTM11160.22M
  • Revenue Per Share TTM54.47
  • Gross Profit TTM 4498.55M
  • Diluted EPS TTM9.28

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 1917.07M 1797.22M 1495.00M 1380.78M 1410.06M
Minority interest 0.00000M -5.30700M -3.29500M -2.94000M -6.51100M
Net income 1644.82M 1477.51M 1278.71M 1149.69M 1177.56M
Selling general administrative 2236.01M 2001.35M 1890.92M 1905.93M 1874.83M
Selling and marketing expenses - - - - -
Gross profit 4498.78M 4048.60M 3701.27M 3622.48M 3575.32M
Reconciled depreciation 378.96M 315.00M 294.91M 291.54M 295.14M
Ebit 1677.66M 1613.16M 1377.11M 1595.95M 1330.59M
Ebitda 2056.62M 1928.17M 1672.02M 1645.51M 1625.73M
Depreciation and amortization 378.96M 315.00M 294.91M 49.55M 295.14M
Non operating income net other -206.15900M -119.08100M -138.32700M -71.04300M -74.76600M
Operating income 1677.66M 1613.16M 1377.11M 1595.95M 1623.66M
Other operating expenses 8156.52M 6924.09M 6339.38M 6269.70M 6090.57M
Interest expense 137.56M 127.42M 149.37M 144.12M 138.84M
Tax provision 272.25M 314.40M 219.58M 234.03M 239.01M
Interest income 137.56M 127.42M 149.37M 8.00M 8.02M
Net interest income -137.55700M -127.41700M -149.37400M -144.12500M -138.83700M
Extraordinary items - - - - 7.80M
Non recurring - - 40.66M 112.48M 57.73M
Other items - - - - -
Income tax expense 272.25M 314.40M 219.58M 234.03M 239.01M
Total revenue 10419.29M 8971.34M 8149.72M 7986.25M 7791.07M
Total operating expenses 2236.01M 2001.35M 1890.92M 1905.93M 1874.83M
Cost of revenue 5920.51M 4922.74M 4448.45M 4363.77M 4215.74M
Total other income expense net 239.41M 184.06M 117.89M -215.16800M -151.59800M
Discontinued operations - - - - -
Net income from continuing ops 1644.82M 1482.82M 1275.41M 1146.75M 1171.05M
Net income applicable to common shares 1644.82M 1477.51M 1278.71M 1149.69M 1177.56M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 10948.82M 10412.23M 9131.84M 8140.40M 7703.02M
Intangible assets 1966.27M 2037.59M 1295.21M 1341.17M 1278.29M
Earning assets - - - - -
Other current assets 272.19M 127.68M 254.48M 154.34M 272.16M
Total liab 7649.28M 7655.00M 6893.96M 6395.40M 6295.75M
Total stockholder equity 3299.54M 2757.23M 2237.88M 1744.99M 1391.04M
Deferred long term liab 328.40M 288.00M 229.03M 200.02M 176.86M
Other current liab 839.23M 858.71M 798.82M 0.10M 679.16M
Common stock 221.55M 221.55M 221.55M 221.55M 359.90M
Capital stock 221.55M 221.55M 221.55M 221.55M 359.90M
Retained earnings 3589.78M 2719.94M 1928.67M 1290.46M 7032.02M
Other liab 753.30M 1075.06M 912.46M 671.63M 622.91M
Good will 2606.96M 2633.17M 1988.21M 1985.95M 1801.10M
Other assets 985.49M 909.08M 585.26M 168.51M 127.77M
Cash 463.89M 329.27M 1143.99M 493.26M 588.00M
Cash and equivalents 463.89M 329.27M 1143.99M 493.26M 588.00M
Total current liabilities 3257.15M 2493.31M 1891.74M 2008.79M 2418.57M
Current deferred revenue - - - 722.19M 33.77M
Net debt 4327.46M 4699.63M 3458.64M 3773.22M 3869.60M
Short term debt 1447.37M 942.27M 512.87M 735.67M 1203.32M
Short long term debt 1447.37M 942.27M 512.87M 735.67M 1203.32M
Short long term debt total 4791.35M 5028.89M 4602.62M 4266.48M 4457.60M
Other stockholder equity -259.45700M 64.95M 425.74M 556.95M -5644.10200M
Property plant equipment 2769.70M 2586.19M 2285.26M 2153.14M 2130.29M
Total current assets 2620.41M 2246.21M 2977.91M 2117.10M 2239.18M
Long term investments 133.03M 93.09M - - -
Net tangible assets -1273.68100M -1913.53300M -1049.07700M -1587.89900M -1680.67400M
Short term investments - - - - -
Net receivables 711.20M 671.46M 615.23M 568.51M 594.14M
Long term debt 3343.98M 4086.63M 4089.76M 3530.81M 3254.28M
Inventory 1173.12M 988.51M 964.21M 815.25M 784.88M
Accounts payable 970.56M 692.34M 580.06M 550.83M 502.31M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - 3.53M 5.77M 8.54M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -252.33300M -249.21500M -338.08200M -323.96600M -356.78000M
Additional paid in capital - - - - -
Common stock total equity 221.55M 221.55M 221.55M 221.55M 359.90M
Preferred stock total equity - - - - -
Retained earnings total equity 3589.78M 2719.94M 1928.67M 1290.46M 7032.02M
Treasury stock - -1195.37600M -768.99200M -591.03600M -6618.62500M
Accumulated amortization - - - - -
Non currrent assets other 811.96M 775.11M 555.89M 512.00M 252.98M
Deferred long term asset charges - - - - 1.17M
Non current assets total 8328.41M 8166.02M 6153.94M 6023.29M 5463.84M
Capital lease obligations 326.64M 416.34M 218.45M 213.37M -
Long term debt total 3343.98M 4086.63M 4089.76M 3530.81M 3254.28M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -275.53400M -128.41700M -87.21100M -80.23000M -52.64100M
Change to liabilities 221.48M 10.05M 25.31M 31.56M -24.68400M
Total cashflows from investing activities -787.37600M -2222.82800M -531.28000M -780.48000M -1502.89400M
Net borrowings -250.37400M 429.59M 327.17M -184.73800M 934.81M
Total cash from financing activities -1415.72500M -681.13600M -499.22800M -1081.45500M 116.11M
Change to operating activities -104.27900M -21.65900M -21.17600M 17.77M -68.23400M
Net income 1644.82M 1482.82M 1275.41M 1146.75M 1171.05M
Change in cash 134.62M -814.72100M 650.73M -94.73600M 207.82M
Begin period cash flow 329.27M 1143.99M 493.26M 588.00M 380.18M
End period cash flow 463.89M 329.27M 1143.99M 493.26M 588.00M
Total cash from operating activities 2327.84M 2082.88M 1699.66M 1763.87M 1599.99M
Issuance of capital stock - - - - -
Depreciation 378.96M 315.00M 294.91M 291.54M 295.14M
Other cashflows from investing activities 7.64M -1598.53400M -2.44300M -382.05800M -1121.65200M
Dividends paid -775.03000M -685.98700M -640.73200M -610.31200M 562.52M
Change to inventory -186.96300M 21.46M -151.91800M -21.19400M -12.74600M
Change to account receivables -38.16500M -14.64200M -55.53700M 40.25M 8.59M
Sale purchase of stock -388.96400M -457.94600M -211.19600M -527.21100M -247.50000M
Other cashflows from financing activities -246.99000M 902.24M 1057.17M 62.22M -72.00000M
Change to netincome 333.44M 238.76M 320.99M 237.06M 205.01M
Capital expenditures 519.48M 495.88M 441.63M 318.19M 328.60M
Change receivables -38.16500M -14.64200M -55.53700M 40.25M 8.59M
Cash flows other operating -25.73200M 29.44M -9.50500M 37.90M -42.37000M
Exchange rate changes - -5.07500M -6.99000M 3.33M -5.38800M
Cash and cash equivalents changes 124.74M -826.15500M 662.16M -94.73600M 207.82M
Change in working capital -29.37600M 46.31M -191.64800M 88.52M -71.21500M
Stock based compensation 65.99M 66.71M 57.58M 51.90M 49.29M
Other non cash items 230.56M 158.67M 236.52M 200.23M 119.47M
Free cash flow 1808.36M 1587.01M 1258.03M 1445.68M 1271.39M

Peer Comparison

Sector: Consumer Defensive Industry: Confectioners

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
HSY
Hershey Co
1.36 0.71% 193.06 19.64 17.79 3.33 9.37 3.76 15.10
MDLZ
Mondelez International Inc
1.08 1.53% 71.81 21.73 18.90 2.49 3.17 2.99 14.11
CHLSY
Chocoladefabriken Lindt & Sprüngli AG
0.53 4.19% 13.19 41.19 4.02 5.88 5.92 5.85 27.13
LDSVF
Chocoladefabriken Lindt & Sprüngli AG
125.00 0.99% 12800.00 37.74 38.61 5.60 5.69 5.85 27.13
BYCBF
Barry Callebaut AG
- -% 1615.00 17.15 17.30 1.05 2.64 1.23 11.60

Reports Covered

Stock Research & News

Profile

The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels. The company provides its products primarily under the Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Payday, Rolo, Twizzlers, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Paqui, Dot's Homestyle Pretzels, and ONE Bar brands, as well as under the Pelon Pelo Rico, IO-IO, and Sofit brands. It markets and sells its products to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores. The company was founded in 1894 and is headquartered in Hershey, Pennsylvania.

Hershey Co

19 East Chocolate Avenue, Hershey, PA, United States, 17033

Key Executives

Name Title Year Born
Ms. Michele Gross Buck Chairman, Pres & CEO 1962
Mr. Steven E. Voskuil Sr. VP & CFO 1968
Mr. Jason R. Reiman Sr. VP & Chief Supply Chain Officer 1972
Mr. Charles R. Raup Pres of U.S. 1968
Ms. Kristen J. Riggs Sr. VP & Chief Growth Officer 1979
Ms. Jennifer L. McCalman VP & Chief Accounting Officer 1979
Ms. Melissa Poole VP of Investor Relations & Corp. Fin. NA
Mr. James Turoff Sr. VP, Gen. Counsel & Sec. 1977
Ms. Marlene Creighton Global Chief Sales Officer NA
Mr. Christopher M. Scalia Sr. VP & Chief HR Officer 1976

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