Hershey Financial Statements From 2010 to 2022

HSY -  USA Stock  

USD 229.14  3.23  1.43%

Hershey Foods financial statements provide useful quarterly and yearly information to potential Hershey Foods Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Hershey Foods financial statements helps investors assess Hershey Foods' valuation, profitability, and current liquidity needs.
We have found one hundred twelve available fundamental trends for Hershey Foods Corp, which can be analyzed and compared to other ratios and to its competitors. Make sure you confirm all of Hershey Foods Corp regular market performance against the performance between 2010 and 2022 to make sure the company can sustain itself down the road.
Net Income Per Employee is likely to drop to about 56.9 K in 2022. Revenue Per Employee is likely to drop to about 412 K in 2022.
  
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Check Hershey Foods financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hershey main balance sheet or income statement drivers, such as Direct Expenses of 3.8 B, Consolidated Income of 1.3 B or Cost of Revenue of 5 B, as well as many exotic indicators such as Interest Coverage of 10.82, Long Term Debt to Equity of 1.65 or Calculated Tax Rate of 26.48. Hershey financial statements analysis is a perfect complement when working with Hershey Foods Valuation or Volatility modules. It can also supplement various Hershey Foods Technical models. Please check the analysis of Hershey Foods Correlation against competitors.

Hershey Foods Revenues

9.07 Billion

Share

Hershey Foods Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets9.3 B10.4 B6.6 B
Increasing
Slightly volatile
Cash and Equivalents421.9 M329.3 M585.3 M
Decreasing
Stable
Investments86.9 M87.4 M95.6 M
Decreasing
Slightly volatile
Investments Current86.9 M87.4 M95.6 M
Decreasing
Slightly volatile
Property Plant and Equipment Net2.6 B2.6 B2.1 B
Increasing
Slightly volatile
Inventory970 M988.5 M781.9 M
Increasing
Slightly volatile
Tax Assets46.6 M40.9 M67.2 M
Decreasing
Slightly volatile
Trade and Non Trade Receivables677.3 M671.5 M556.2 M
Increasing
Slightly volatile
Trade and Non Trade Payables661.8 M692.3 M517.9 M
Increasing
Slightly volatile
Goodwill and Intangible AssetsB4.7 B2.1 B
Increasing
Slightly volatile
Total LiabilitiesB7.7 B5.1 B
Increasing
Slightly volatile
Shareholders Equity2.3 B2.8 B1.5 B
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit3.4 B2.7 B4.7 B
Decreasing
Slightly volatile
Current Assets2.5 B2.2 B2.2 B
Increasing
Slightly volatile
Assets Non Current6.8 B8.2 B4.4 B
Increasing
Slightly volatile
Current Liabilities2.4 B2.5 B1.9 B
Increasing
Slightly volatile
Liabilities Non Current4.6 B5.2 B3.2 B
Increasing
Slightly volatile
Tax Liabilities231 M291.1 M131.6 M
Increasing
Slightly volatile
Total Debt4.5 BB3.2 B
Increasing
Slightly volatile
Debt Current867.9 M942.3 M621.2 M
Increasing
Slightly volatile
Debt Non Current3.6 B4.1 B2.5 B
Increasing
Slightly volatile
Shareholders Equity USD2.3 B2.8 B1.5 B
Increasing
Slightly volatile
Cash and Equivalents USD421.9 M329.3 M585.3 M
Decreasing
Stable
Total Debt USD4.5 BB3.2 B
Increasing
Slightly volatile
Accounts Payable480.3 M522.1 M490.1 M
Increasing
Slightly volatile
Receivables516.2 M553.7 M534 M
Increasing
Slightly volatile
Inventories766.4 M867.8 M748 M
Increasing
Slightly volatile

Hershey Foods Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues9.1 BB7.5 B
Increasing
Slightly volatile
Cost of RevenueB4.9 B4.2 B
Increasing
Slightly volatile
Selling General and Administrative Expense2.1 BB1.8 B
Increasing
Slightly volatile
Operating Expenses2.2 BB1.9 B
Increasing
Slightly volatile
Interest Expense130.9 M127.4 M110.5 M
Increasing
Slightly volatile
Income Tax Expense307.4 M314.4 M334.6 M
Decreasing
Slightly volatile
Consolidated Income1.3 B1.5 B920 M
Increasing
Slightly volatile
Net Income to Non Controlling Interests5.7 M5.3 M(16.4 M)
Increasing
Slightly volatile
Net Income1.3 B1.5 B922.5 M
Increasing
Slightly volatile
Net Income Common Stock1.3 B1.5 B922.5 M
Increasing
Slightly volatile
Weighted Average Shares199 M206 M214.6 M
Decreasing
Slightly volatile
Weighted Average Shares Diluted213.7 M170 M211 M
Decreasing
Slightly volatile
Earning Before Interest and Taxes EBIT1.8 B1.9 B1.4 B
Increasing
Slightly volatile
Revenues USD9.1 BB7.5 B
Increasing
Slightly volatile
Net Income Common Stock USD1.3 B1.5 B922.5 M
Increasing
Slightly volatile
Earning Before Interest and Taxes USD1.8 B1.9 B1.4 B
Increasing
Slightly volatile
Gross Profit4.1 BB3.4 B
Increasing
Slightly volatile
Operating Income1.9 BB1.4 B
Increasing
Slightly volatile
Direct Expenses3.8 BBB
Increasing
Slightly volatile

Hershey Foods Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Investment Acquisitions and Disposals118.3 M109.6 M24.2 M
Increasing
Slightly volatile
Net Cash Flow from Financing(734.9 M)(681.1 M)(585.9 M)
Decreasing
Stable
Issuance Repayment of Debt Securities 355.4 M429.6 M220.2 M
Increasing
Slightly volatile
Net Cash Flow from Operations1.9 B2.1 B1.3 B
Increasing
Slightly volatile
Effect of Exchange Rate Changes on Cash (5.5 M)(5.1 M)(3.5 M)
Decreasing
Very volatile
Net Cash Flow or Change in Cash and Cash Equivalents(836.2 M)(814.7 M)(121.7 M)
Decreasing
Stable
Share Based Compensation58 M66.7 M40.2 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion315.5 M315 M259.6 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share5.826.684.0139
Increasing
Slightly volatile
Earnings per Diluted Share5.816.664.027
Increasing
Slightly volatile
Earnings per Basic Share USD5.826.684.0139
Increasing
Slightly volatile
Dividends per Basic Common Share3.183.412.3727
Increasing
Slightly volatile
Return on Average Equity0.730.6030.7088
Increasing
Stable
Return on Average Assets0.160.1560.1441
Increasing
Stable
Return on Invested Capital0.250.2520.2681
Decreasing
Slightly volatile
Gross Margin0.50.4510.4487
Increasing
Slightly volatile
Profit Margin0.160.1650.1213
Increasing
Slightly volatile
EBITDA Margin0.250.2490.2172
Increasing
Slightly volatile
Return on Sales0.220.2140.1826
Increasing
Slightly volatile
Asset Turnover1.020.951.228
Decreasing
Slightly volatile
Payout Ratio0.530.510.6137
Decreasing
Very volatile
Enterprise Value over EBITDA19.7119.55316.209
Increasing
Slightly volatile
Enterprise Value over EBIT23.4323.019.4174
Increasing
Slightly volatile
Price to Earnings Ratio32.0828.96328.9086
Increasing
Stable
Sales per Share43.1943.54935.0315
Increasing
Slightly volatile
Price to Sales Ratio4.164.4433.1628
Increasing
Slightly volatile
Price to Book Value17.9714.45517.7783
Increasing
Very volatile
Debt to Equity Ratio3.082.7763.8
Decreasing
Stable
Dividend Yield0.01860.0180.0214
Decreasing
Stable
Current Ratio0.980.9011.2339
Decreasing
Slightly volatile
Free Cash Flow per Share6.697.7044.4506
Increasing
Slightly volatile
Book Value per Share10.9413.3846.8251
Increasing
Slightly volatile
Tangible Assets Book Value per Share27.1427.87121.6027
Increasing
Slightly volatile
Total Assets Per Share32.4739.4729.0448
Increasing
Slightly volatile
Cash Flow Per Share6.27.355.7301
Increasing
Slightly volatile
Return on Investment36.7231.9334.3877
Decreasing
Slightly volatile
Operating Margin17.9219.6918.0794
Increasing
Slightly volatile
Calculated Tax Rate26.4816.8929.0489
Decreasing
Slightly volatile
Receivables Turnover16.3415.7914.1955
Increasing
Very volatile
Inventory Turnover6.285.755.6883
Decreasing
Slightly volatile
PPandE Turnover4.394.213.8387
Increasing
Very volatile
Cash and Equivalents Turnover10.498.9413.1258
Increasing
Stable
Accounts Payable Turnover17.516.5315.4826
Increasing
Stable
Accrued Expenses Turnover9.6210.0510.2096
Increasing
Slightly volatile
Interest Coverage10.8210.7412.0521
Decreasing
Stable
Long Term Debt to Equity1.651.651.8244
Increasing
Stable
Quick Ratio0.961.060.745
Decreasing
Very volatile
Net Current Assets as percentage of Total Assets11.2313.687.7978
Decreasing
Slightly volatile
Revenue to Assets1.271.031.2323
Decreasing
Slightly volatile

Hershey Foods Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax1.7 B1.8 B1.3 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA2.1 B2.2 B1.6 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD2.1 B2.2 B1.6 B
Increasing
Slightly volatile
Market Capitalization34.9 B39.9 B24.1 B
Increasing
Slightly volatile
Enterprise Value38.5 B43.7 B26.8 B
Increasing
Slightly volatile
Invested Capital7.2 B7.9 B5.3 B
Increasing
Slightly volatile
Average Equity2.1 B2.5 B1.4 B
Increasing
Slightly volatile
Average Assets8.7 B9.4 B6.4 B
Increasing
Slightly volatile
Invested Capital AverageB7.6 B5.2 B
Increasing
Slightly volatile
Tangible Asset Value5.7 B5.7 B4.6 B
Increasing
Slightly volatile
Free Cash Flow1.4 B1.6 B945 M
Increasing
Slightly volatile
Working Capital(253.6 M)(247.1 M)289 M
Decreasing
Slightly volatile
Revenue Per Employee412 K433.3 K434.7 K
Increasing
Stable
Net Income Per Employee56.9 K68 K52.1 K
Increasing
Slightly volatile

Hershey Fundamental Market Drivers

Forward Price Earnings29.67
Short Percent Of Float1.46%
Average Daily Volume Last 10 Day1.38M
Shares Short Prior Month2M
Average Daily Volume In Three Month1.08M
Date Short Interest15th of February 2022
Fifty Day Average216.60
Two Hundred Day Average192.34

Hershey Upcoming Events

Upcoming Quarterly Report3rd of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End3rd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Hershey Foods Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Hershey Foods income statement, its balance sheet, and the statement of cash flows. Hershey Foods investors use historical funamental indicators, such as Hershey Foods's revenue or net income, to determine how well the company is positioned to perform in the future. Although Hershey Foods investors may use each financial statement separately, they are all related. The changes in Hershey Foods's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hershey Foods's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Hershey Foods Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hershey Foods. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Cost of Revenue4.9 BB
RevenuesB9.1 B
Revenue to Assets 1.03  1.27 
Revenue Per Employee433.3 K412 K
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 was founded in 1894 and is headquartered in Hershey, Pennsylvania. Hershey Foods operates under Confectioners classification in the United States and is traded on New York Stock Exchange. It employs 16620 people.

Hershey Foods Investors Sentiment

The influence of Hershey Foods' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hershey. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Hershey Foods Implied Volatility

    
  28.79  
Hershey Foods' implied volatility exposes the market's sentiment of Hershey Foods Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hershey Foods' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hershey Foods stock will not fluctuate a lot when Hershey Foods' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hershey Foods in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hershey Foods' short interest history, or implied volatility extrapolated from Hershey Foods options trading.

Current Sentiment - HSY

Hershey Foods Corp Investor Sentiment

Greater number of Macroaxis users are currently bullish on Hershey Foods Corp. What is your judgment towards investing in Hershey Foods Corp? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Please check the analysis of Hershey Foods Correlation against competitors. Note that the Hershey Foods Corp information on this page should be used as a complementary analysis to other Hershey Foods' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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Is Hershey Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hershey Foods. If investors know Hershey will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hershey Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Hershey Foods Corp is measured differently than its book value, which is the value of Hershey that is recorded on the company's balance sheet. Investors also form their own opinion of Hershey Foods' value that differs from its market value or its book value, called intrinsic value, which is Hershey Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hershey Foods' market value can be influenced by many factors that don't directly affect Hershey Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hershey Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine Hershey Foods value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hershey Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.