Hershey annual debt-to-assets ratio
2008
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2023
2024
2025
Hershey Debt-to-Assets Ratio Growth & History (HSY)
Hershey's debt-to-assets ratio was 0.40 for fiscal 2025.
View full Hershey company overviewHershey annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.40 | 0.08 | +25.61% |
| 2024 | 2024-12-31 | 0.32 | −0.05 | −13.60% |
| 2023 | 2023-12-31 | 0.37 | −0.03 | −8.40% |
| 2022 | 2022-12-31 | 0.40 | −0.02 | −5.17% |
| 2021 | 2021-12-31 | 0.43 | −0.09 | −18.03% |
| 2020 | 2020-12-31 | 0.52 | −0.04 | −7.19% |
| 2019 | 2019-12-31 | 0.56 | −0.02 | −3.21% |
| 2018 | 2018-12-31 | 0.58 | 0.05 | +10.04% |
| 2017 | 2017-12-31 | 0.53 | −0.01 | −2.52% |
| 2016 | 2016-12-31 | 0.54 | 0.09 | +19.11% |
| 2015 | 2015-12-31 | 0.45 | 0.07 | +16.94% |
| 2014 | 2014-12-31 | 0.39 | 0.02 | +5.76% |
| 2013 | 2013-12-31 | 0.37 | −0.03 | −8.68% |
| 2012 | 2012-12-31 | 0.40 | −0.04 | −8.81% |
| 2011 | 2011-12-31 | 0.44 | 0.07 | +20.00% |
| 2010 | 2010-12-31 | 0.37 | −0.05 | −11.79% |
| 2009 | 2009-12-31 | 0.42 | −0.13 | −24.08% |
| 2008 | 2008-12-31 | 0.55 | — | — |
Hershey quarterly debt-to-assets ratio
Q4.08
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
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Q2.11
Q3.11
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Q2.16
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Q1.17
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Q3.23
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Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-28 | 0.43 | −0.02 | −3.52% |
| Q1 2026 | 2026-03-29 | 0.42 | −0.04 | −8.70% |
| Q4 2025 | 2025-12-31 | 0.40 | 0.08 | +25.61% |
| Q3 2025 | 2025-09-28 | 0.43 | −0.03 | −5.55% |
| Q2 2025 | 2025-06-29 | 0.44 | −0.03 | −5.35% |
| Q1 2025 | 2025-03-30 | 0.46 | −0.01 | −2.24% |
| Q4 2024 | 2024-12-31 | 0.32 | −0.05 | −13.60% |
| Q3 2024 | 2024-09-29 | 0.45 | 0.01 | +1.93% |
| Q2 2024 | 2024-06-30 | 0.47 | 0.01 | +1.25% |
| Q1 2024 | 2024-03-31 | 0.47 | 0.01 | +1.54% |
| Q4 2023 | 2023-12-31 | 0.37 | −0.03 | −8.40% |
| Q3 2023 | 2023-10-01 | 0.44 | −0.04 | −8.88% |
| Q2 2023 | 2023-07-02 | 0.46 | −0.05 | −9.18% |
| Q1 2023 | 2023-04-02 | 0.46 | −0.05 | −9.24% |
| Q4 2022 | 2022-12-31 | 0.40 | −0.02 | −5.17% |
| Q3 2022 | 2022-10-02 | 0.49 | −0.02 | −3.66% |
| Q2 2022 | 2022-07-03 | 0.51 | −0.01 | −0.97% |
| Q1 2022 | 2022-04-03 | 0.51 | −0.03 | −4.95% |
| Q4 2021 | 2021-12-31 | 0.43 | −0.09 | −18.03% |
| Q3 2021 | 2021-10-03 | 0.51 | −0.06 | −10.41% |
| Q2 2021 | 2021-07-04 | 0.52 | −0.09 | −14.39% |
| Q1 2021 | 2021-04-04 | 0.53 | −0.07 | −12.32% |
| Q4 2020 | 2020-12-31 | 0.52 | −0.04 | −7.19% |
| Q3 2020 | 2020-09-27 | 0.57 | 0.05 | +9.06% |
| Q2 2020 | 2020-06-28 | 0.60 | 0.03 | +6.09% |
| Q1 2020 | 2020-03-29 | 0.61 | 0.01 | +1.49% |
| Q4 2019 | 2019-12-31 | 0.56 | −0.02 | −3.21% |
| Q3 2019 | 2019-09-29 | 0.52 | −0.08 | −13.73% |
| Q2 2019 | 2019-06-30 | 0.57 | −0.05 | −8.50% |
| Q1 2019 | 2019-03-31 | 0.60 | −0.03 | −4.91% |
| Q4 2018 | 2018-12-31 | 0.58 | 0.05 | +10.04% |
| Q3 2018 | 2018-09-30 | 0.60 | 0.04 | +7.15% |
| Q2 2018 | 2018-07-01 | 0.62 | 0.07 | +12.48% |
| Q1 2018 | 2018-04-01 | 0.63 | 0.10 | +18.31% |
| Q4 2017 | 2017-12-31 | 0.53 | −0.01 | −2.52% |
| Q3 2017 | 2017-10-01 | 0.56 | 0.01 | +1.59% |
| Q2 2017 | 2017-07-02 | 0.55 | 0.00 | +0.22% |
| Q1 2017 | 2017-04-02 | 0.53 | 0.04 | +8.77% |
| Q4 2016 | 2016-12-31 | 0.54 | 0.09 | +19.11% |
| Q3 2016 | 2016-10-02 | 0.55 | 0.10 | +23.36% |
| Q2 2016 | 2016-07-03 | 0.55 | 0.15 | +38.84% |
| Q1 2016 | 2016-04-03 | 0.49 | 0.10 | +27.30% |
| Q4 2015 | 2015-12-31 | 0.45 | 0.07 | +16.94% |
| Q3 2015 | 2015-10-04 | 0.45 | 0.07 | +19.79% |
| Q2 2015 | 2015-07-05 | 0.40 | 0.01 | +3.33% |
| Q1 2015 | 2015-04-05 | 0.38 | 0.02 | +5.45% |
| Q4 2014 | 2014-12-31 | 0.39 | 0.02 | +5.76% |
| Q3 2014 | 2014-09-28 | 0.37 | −0.00 | −0.39% |
| Q2 2014 | 2014-06-29 | 0.38 | −0.02 | −4.71% |
| Q1 2014 | 2014-03-30 | 0.36 | 0.03 | +7.49% |
| Q4 2013 | 2013-12-31 | 0.37 | −0.03 | −8.68% |
| Q3 2013 | 2013-09-29 | 0.37 | 0.01 | +3.00% |
| Q2 2013 | 2013-06-30 | 0.40 | 0.05 | +14.89% |
| Q1 2013 | 2013-03-31 | 0.34 | −0.07 | −17.85% |
| Q4 2012 | 2012-12-31 | 0.40 | −0.04 | −8.81% |
| Q3 2012 | 2012-09-30 | 0.36 | −0.01 | −2.31% |
| Q2 2012 | 2012-07-01 | 0.35 | −0.01 | −3.97% |
| Q1 2012 | 2012-04-01 | 0.41 | 0.04 | +11.49% |
| Q4 2011 | 2011-12-31 | 0.44 | 0.07 | +20.00% |
| Q3 2011 | 2011-10-02 | 0.37 | 0.05 | +14.42% |
| Q2 2011 | 2011-07-03 | 0.37 | −0.06 | −13.56% |
| Q1 2011 | 2011-04-03 | 0.37 | −0.05 | −11.48% |
| Q4 2010 | 2010-12-31 | 0.37 | −0.05 | −11.79% |
| Q3 2010 | 2010-10-03 | 0.33 | −0.13 | −29.02% |
| Q2 2010 | 2010-07-04 | 0.42 | −0.08 | −15.61% |
| Q1 2010 | 2010-04-04 | 0.42 | — | — |
| Q4 2009 | 2009-12-31 | 0.42 | −0.13 | −24.08% |
| Q3 2009 | 2009-10-04 | 0.46 | — | — |
| Q2 2009 | 2009-07-05 | 0.50 | — | — |
| Q4 2008 | 2008-12-31 | 0.55 | — | — |
Hershey debt-to-assets ratio trends
Over the last five fiscal years, Hershey's debt-to-assets ratio decreased from 0.52 to 0.40, a change of −0.12. The latest reported quarter, Q2 2026, shows 0.43.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Hershey source filings ↗