What is the current annual gross margin of HSY?

As of today, HSY annual gross margin is 42.88%

What is 1-year change in HSY annual gross margin?

HSY annual gross margin is down -5.22% year-over-year

What is 3-year change in HSY annual gross margin?

HSY annual gross margin is down -3.05% over the past 3 years

How far is HSY annual gross margin from its all-time high?

HSY annual gross margin is currently -8.40% below its historical high of 46.81% set on December 31, 2017

How does HSY annual gross margin rank versus sector peers?

HSY annual gross margin is higher than 66.01% of companies in Consumer Defensive sector

When is HSY next annual earnings release?

The next annual earnings release for HSY is on February 5, 2026

What is the current quarterly gross margin of HSY?

As of today, HSY quarterly gross margin is 31.58%

What is HSY quarterly gross margin most recent change?

HSY quarterly gross margin was down -0.25% on September 28, 2025

What is 1-year change in HSY quarterly gross margin?

HSY quarterly gross margin is down -21.50% year-over-year

How far is HSY quarterly gross margin from its all-time high?

HSY quarterly gross margin is currently -68.44% below its historical high of 100.06% set on June 30, 2002

How does HSY quarterly gross margin rank versus sector peers?

HSY quarterly gross margin is higher than 48.20% of companies in Consumer Defensive sector

When is HSY next earnings release?

The next earnings release for HSY is on February 5, 2026

HSY Gross Margin History & Chart Since 1980

Annual Gross Margin

42.88%2.36%-5.22%

December 31, 2024

Summary

Current Value: As of today, HSY annual gross margin is 42.88%, down -5.22% on December 31, 2024
Historical Performance: HSY annual gross margin is down -3.05% over the past 3 years, and down -4.52% over the past 5 years
All-Time High Comparison: HSY annual gross margin is currently -8.40% below its historical high of 46.81% set on December 31, 2017
3-Year Low Comparison: HSY annual gross margin is +0.30% above its 3-year low of 42.75% reached on an earlier date
Sector Comparison: HSY annual gross margin is higher than 66.01% of companies in Consumer Defensive sector

Gross Margin Chart

Add series to chart

Add series to chart1/6

Company, ETF, index, screener or watchlist

Series

Performance

HSY Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 24	42.88%	-5.2%	-3.0%	-4.5%	+9.5%
Quarterly Gross Margin	Sep 28, 25	31.58%	-21.5%	-23.3%	-30.3%	-24.8%
Price	Feb 2, 26	$198.01	+34.0%	-16.2%	+35.1%	+292.2%
PE Ratio	Feb 2, 26	29.62	+118.4%	-0.2%	+23.4%	+29.9%
Annual Revenue	Dec 31, 24	$11.20B	+0.3%	+24.9%	+40.3%	+111.4%
Annual Gross Profit	Dec 31, 24	$4.80B	-4.9%	+21.0%	+33.9%	+131.5%
Annual Operating Margin	Dec 31, 24	-34.80%	-11.0%	-3.1%	-2.4%	+21.9%
Annual Net Margin	Dec 31, 24	19.83%	+18.9%	+20.0%	+38.1%	+140.9%

Gross Margin Highs

HSY Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	45.24%	Dec 31, 23	-5.2%
5Y	45.36%	N/A	-5.5%
All	46.81%	Dec 31, 17	-8.4%

Gross Margin Lows

HSY Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	42.75%	N/A	+0.3%
5Y	42.75%	Dec 31, 22	+0.3%
All	27.11%	Dec 1, 80	+58.2%

Gross Margin History

Year	Value	Change
2024	42.88%	-5.2%
2023	45.24%	+5.8%
2022	42.75%	-3.3%
2021	44.23%	-2.5%
2020	45.36%	+1.0%
2019	44.91%	-0.5%
2018	45.14%	-3.6%
2017	46.81%	+3.7%
2016	45.12%	-0.8%
2015	45.49%	+3.4%
2014	43.98%	-4.4%
2013	45.99%	+2.3%
2012	44.95%	+6.7%
2011	42.11%	+0.8%
2010	41.78%	+6.7%
2009	39.16%	+9.5%
2008	35.76%	+0.8%
2007	35.49%	-6.2%
2006	37.84%	-3.3%
2005	39.12%	-1.0%
2004	39.50%	+1.1%
2003	39.06%	+2.9%
2002	37.96%	-10.9%

Year	Value	Change
2001	42.61%	+2.8%
2000	41.46%	+1.9%
1999	40.70%	-0.3%
1998	40.82%	-3.2%
1997	42.15%	-0.3%
1996	42.29%	-0.2%
1995	42.39%	+1.3%
1994	41.84%	-2.2%
1993	42.79%	-0.6%
1992	43.06%	+3.6%
1991	41.56%	+0.1%
1990	41.51%	+4.1%
1989	39.88%	+2.7%
1988	38.82%	+15.0%
1987	33.76%	+2.3%
1986	33.01%	+4.2%
1985	31.67%	+1.2%
1984	31.30%	+0.2%
1983	31.25%	+2.5%
1982	30.48%	+2.1%
1981	29.86%	+10.1%
1980	27.11%	-

FAQ

What is the current annual gross margin of HSY?
As of today, HSY annual gross margin is 42.88%
What is 1-year change in HSY annual gross margin?
HSY annual gross margin is down -5.22% year-over-year
What is 3-year change in HSY annual gross margin?
HSY annual gross margin is down -3.05% over the past 3 years
How far is HSY annual gross margin from its all-time high?
HSY annual gross margin is currently -8.40% below its historical high of 46.81% set on December 31, 2017
How does HSY annual gross margin rank versus sector peers?
HSY annual gross margin is higher than 66.01% of companies in Consumer Defensive sector
When is HSY next annual earnings release?
The next annual earnings release for HSY is on February 5, 2026

Quarterly Gross Margin

31.58%0.08%-0.25%

September 28, 2025

Summary

Current Value: As of today, HSY quarterly gross margin is 31.58%, down -0.25% on September 28, 2025
Historical Performance: HSY quarterly gross margin is down -21.50% year-over-year, and down -23.26% over the past 3 years
All-Time High Comparison: HSY quarterly gross margin is currently -68.44% below its historical high of 100.06% set on June 30, 2002
3-Year Low Comparison: HSY quarterly gross margin is at its 3-year low
Sector Comparison: HSY quarterly gross margin is higher than 48.20% of companies in Consumer Defensive sector

Performance

HSY Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 28, 25	31.58%	-0.3%	-21.5%	-23.3%	-30.3%
Annual Gross Margin	Dec 31, 24	42.88%	–	-5.2%	-3.0%	-4.5%
Price	Feb 2, 26	$198.01	+22.0%	+34.0%	-16.2%	+35.1%
PE Ratio	Feb 2, 26	29.62	+22.0%	+118.4%	-0.2%	+23.4%
Quarterly Revenue	Sep 28, 25	$3.18B	+21.7%	+6.5%	+16.6%	+43.3%
Quarterly Gross Profit	Sep 28, 25	$1.00B	+21.4%	-16.4%	-10.5%	-0.1%
Quarterly Operating Margin	Sep 28, 25	12.89%	+45.0%	-38.9%	-38.6%	-46.3%
Quarterly Net Margin	Sep 28, 25	8.69%	+262.1%	-41.8%	-40.6%	-56.9%

Quarterly Gross Margin Highs

HSY Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	44.80%	N/A	-29.5%
3Y	46.66%	Mar 1, 23	-32.3%
5Y	46.66%	Mar 1, 23	-32.3%
All	100.06%	Jun 30, 02	-68.4%

Quarterly Gross Margin Lows

HSY Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	31.58%	Sep 28, 25	at low
3Y	31.58%	Sep 28, 25	at low
5Y	31.58%	Sep 28, 25	at low
All	31.58%	Sep 28, 25	at low

Quarterly Gross Margin History

Month	Value	Change
Sep 2025	31.58%	-0.3%
Jun 2025	31.66%	-11.0%
Mar 2025	35.58%	-20.6%
Dec 2024	44.80%	+11.4%
Sep 2024	40.23%	-5.2%
Jun 2024	42.43%	-6.8%
Mar 2024	45.53%	+2.8%
Dec 2023	44.29%	-0.0%
Sep 2023	44.31%	-3.1%
Jun 2023	45.72%	-2.0%
Mar 2023	46.66%	+6.7%
Dec 2022	43.71%	+6.2%
Sep 2022	41.15%	-3.2%
Jun 2022	42.52%	-5.1%
Mar 2022	44.81%	+2.9%
Dec 2021	43.53%	-0.1%
Sep 2021	43.56%	-4.7%
Jun 2021	45.72%	+1.0%
Mar 2021	45.27%	+3.6%
Dec 2020	43.70%	-3.6%
Sep 2020	45.31%	-2.4%
Jun 2020	46.42%	+0.2%
Mar 2020	46.32%	+6.9%
Dec 2019	43.34%	-2.9%
Sep 2019	44.62%	-3.8%
Jun 2019	46.36%	+1.7%
Mar 2019	45.58%	+4.4%
Dec 2018	43.66%	-3.3%
Sep 2018	45.16%	-1.2%
Jun 2018	45.70%	-0.9%
Mar 2018	46.13%	+5.1%
Dec 2017	43.90%	-5.7%
Sep 2017	46.53%	-3.8%
Jun 2017	48.38%	-0.4%
Mar 2017	48.57%	+10.0%
Dec 2016	44.15%	-2.2%
Sep 2016	45.16%	+0.5%
Jun 2016	44.95%	-2.9%
Mar 2016	46.27%	+3.8%
Dec 2015	44.56%	-1.7%
Sep 2015	45.31%	-0.2%
Jun 2015	45.38%	-2.7%
Mar 2015	46.65%	+7.1%
Dec 2014	43.57%	+3.0%
Sep 2014	42.32%	-5.2%
Jun 2014	44.65%	-2.1%
Mar 2014	45.61%	+3.7%
Dec 2013	43.99%	-3.9%
Sep 2013	45.79%	-4.3%
Jun 2013	47.87%	+2.3%
Mar 2013	46.78%	+5.8%
Dec 2012	44.22%	+0.6%
Sep 2012	43.97%	-5.2%
Jun 2012	46.38%	+1.9%
Mar 2012	45.51%	+8.4%
Dec 2011	42.00%	+0.4%
Sep 2011	41.85%	-1.5%
Jun 2011	42.50%	+0.8%
Mar 2011	42.15%	+2.1%
Dec 2010	41.27%	-1.8%
Sep 2010	42.01%	-2.6%
Jun 2010	43.12%	+5.4%
Mar 2010	40.91%	-1.9%
Dec 2009	41.69%	+4.5%
Sep 2009	39.91%	+0.5%
Jun 2009	39.70%	+9.6%
Mar 2009	36.21%	-3.2%
Dec 2008	37.40%	+6.7%
Sep 2008	35.04%	-2.4%
Jun 2008	35.90%	+3.7%
Mar 2008	34.62%	+2.9%
Dec 2007	33.63%	-7.3%
Sep 2007	36.28%	+2.4%

Month	Value	Change
Jun 2007	35.42%	-3.6%
Mar 2007	36.74%	+1.4%
Dec 2006	36.24%	-5.9%
Sep 2006	38.52%	-0.2%
Jun 2006	38.61%	+1.9%
Mar 2006	37.89%	-2.4%
Dec 2005	38.81%	-0.7%
Sep 2005	39.09%	-1.8%
Jun 2005	39.79%	+5.5%
Mar 2005	37.70%	-5.1%
Dec 2004	39.72%	+0.1%
Sep 2004	39.70%	-2.3%
Jun 2004	40.64%	+6.2%
Mar 2004	38.25%	-4.2%
Dec 2003	39.94%	-51.4%
Sep 2003	82.19%	+109.1%
Jun 2003	39.31%	+5.2%
Mar 2003	37.38%	-4.0%
Dec 2002	38.93%	-61.1%
Sep 2002	100.00%	-0.1%
Jun 2002	100.06%	+171.6%
Mar 2002	36.84%	-17.1%
Dec 2001	44.43%	+5.2%
Sep 2001	42.22%	-0.7%
Jun 2001	42.52%	+3.9%
Mar 2001	40.91%	-25.8%
Dec 2000	55.11%	+31.8%
Sep 2000	41.81%	+4.6%
Jun 2000	39.96%	+2.3%
Mar 2000	39.07%	-25.7%
Dec 1999	52.61%	+43.6%
Sep 1999	36.64%	+3.8%
Jun 1999	35.29%	-2.6%
Mar 1999	36.23%	-26.7%
Dec 1998	49.44%	+27.7%
Sep 1998	38.71%	+7.0%
Jun 1998	36.17%	-2.6%
Mar 1998	37.14%	-21.0%
Dec 1997	47.03%	+4.8%
Sep 1997	44.88%	-1.3%
Jun 1997	45.46%	+0.5%
Mar 1997	45.22%	-17.8%
Dec 1996	55.00%	+28.7%
Sep 1996	42.74%	+4.2%
Jun 1996	41.00%	+0.0%
Mar 1996	40.99%	-26.8%
Dec 1995	56.00%	+34.4%
Sep 1995	41.66%	+0.8%
Jun 1995	41.33%	-1.5%
Mar 1995	41.96%	-24.9%
Dec 1994	55.85%	+33.5%
Sep 1994	41.85%	+3.7%
Jun 1994	40.37%	-0.1%
Mar 1994	40.41%	-26.9%
Dec 1993	55.30%	+32.4%
Sep 1993	41.78%	+1.4%
Jun 1993	41.20%	-4.4%
Mar 1993	43.11%	-20.6%
Dec 1992	54.30%	+27.4%
Sep 1992	42.63%	-0.7%
Jun 1992	42.91%	+1.8%
Mar 1992	42.15%	-19.4%
Dec 1991	52.31%	+25.2%
Sep 1991	41.78%	-0.5%
Jun 1991	41.99%	+5.4%
Mar 1991	39.85%	-23.1%
Dec 1990	51.83%	+26.2%
Sep 1990	41.07%	-0.7%
Jun 1990	41.37%	-0.0%
Mar 1990	41.38%	-18.8%
Dec 1989	50.96%	+32.6%
Sep 1989	38.42%	-1.0%
Jun 1989	38.81%	-

FAQ

What is the current quarterly gross margin of HSY?
As of today, HSY quarterly gross margin is 31.58%
What is HSY quarterly gross margin most recent change?
HSY quarterly gross margin was down -0.25% on September 28, 2025
What is 1-year change in HSY quarterly gross margin?
HSY quarterly gross margin is down -21.50% year-over-year
How far is HSY quarterly gross margin from its all-time high?
HSY quarterly gross margin is currently -68.44% below its historical high of 100.06% set on June 30, 2002
How does HSY quarterly gross margin rank versus sector peers?
HSY quarterly gross margin is higher than 48.20% of companies in Consumer Defensive sector
When is HSY next earnings release?
The next earnings release for HSY is on February 5, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

HSY Official Website www.thehersheycompany.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/47111/000162828025047471/0001628280-25-047471-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/47111/000004711125000014/0000047111-25-000014-index.htm
HSY Profile on Yahoo Finance finance.yahoo.com/quote/HSY
HSY Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/hsy