Hershey annual net debt
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2025
Hershey Net Debt Growth & History (HSY)
Hershey's net debt was $4.59B for fiscal 2025.
View full Hershey company overviewHershey annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $4.59B | $1.18B | +34.73% |
| 2024 | 2024-12-31 | $3.41B | −$594.0M | −14.84% |
| 2023 | 2023-12-31 | $4.00B | $43.6M | +1.10% |
| 2022 | 2022-12-31 | $3.96B | −$147.1M | −3.58% |
| 2021 | 2021-12-31 | $4.11B | $504.4M | +14.00% |
| 2020 | 2020-12-31 | $3.60B | −$463.2M | −11.39% |
| 2019 | 2019-12-31 | $4.07B | $196.6M | +5.08% |
| 2018 | 2018-12-31 | $3.87B | $1.33B | +52.33% |
| 2017 | 2017-12-31 | $2.54B | −$142.9M | −5.33% |
| 2016 | 2016-12-31 | $2.68B | $609.2M | +29.37% |
| 2015 | 2015-12-31 | $2.07B | $271.0M | +15.03% |
| 2014 | 2014-12-31 | $1.80B | $959.5M | +113.75% |
| 2013 | 2013-12-31 | $843.5M | −$335.1M | −28.43% |
| 2012 | 2012-12-31 | $1.18B | −$65.9M | −5.29% |
| 2011 | 2011-12-31 | $1.24B | $563.2M | +82.67% |
| 2010 | 2010-12-31 | $681.3M | −$591.9M | −46.49% |
| 2009 | 2009-12-31 | $1.27B | −$678.8M | −34.77% |
| 2008 | 2008-12-31 | $1.95B | — | — |
Hershey quarterly net debt
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Q2.09
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Q4.09
Q1.10
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Q4.10
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Q4.12
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Q4.17
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Q4.18
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Q3.19
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Q2.20
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Q2.21
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Q4.21
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Q2.22
Q3.22
Q4.22
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Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-28 | $5.21B | $48.1M | +0.93% |
| Q1 2026 | 2026-03-29 | $4.88B | $32.4M | +0.67% |
| Q4 2025 | 2025-12-31 | $4.59B | $1.18B | +34.73% |
| Q3 2025 | 2025-09-28 | $4.65B | −$455.5M | −8.93% |
| Q2 2025 | 2025-06-29 | $5.16B | −$210.3M | −3.92% |
| Q1 2025 | 2025-03-30 | $4.85B | −$405.1M | −7.71% |
| Q4 2024 | 2024-12-31 | $3.41B | −$594.0M | −14.84% |
| Q3 2024 | 2024-09-29 | $5.10B | $269.2M | +5.57% |
| Q2 2024 | 2024-06-30 | $5.37B | $464.3M | +9.46% |
| Q1 2024 | 2024-03-31 | $5.25B | $614.3M | +13.24% |
| Q4 2023 | 2023-12-31 | $4.00B | $43.6M | +1.10% |
| Q3 2023 | 2023-10-01 | $4.83B | −$122.3M | −2.47% |
| Q2 2023 | 2023-07-02 | $4.91B | −$168.7M | −3.32% |
| Q1 2023 | 2023-04-02 | $4.64B | −$405.5M | −8.04% |
| Q4 2022 | 2022-12-31 | $3.96B | −$147.1M | −3.58% |
| Q3 2022 | 2022-10-02 | $4.96B | $852.8M | +20.78% |
| Q2 2022 | 2022-07-03 | $5.07B | $913.7M | +21.96% |
| Q1 2022 | 2022-04-03 | $5.04B | $1.37B | +37.25% |
| Q4 2021 | 2021-12-31 | $4.11B | $504.4M | +14.00% |
| Q3 2021 | 2021-10-03 | $4.10B | $79.2M | +1.97% |
| Q2 2021 | 2021-07-04 | $4.16B | −$48.4M | −1.15% |
| Q1 2021 | 2021-04-04 | $3.68B | −$602.0M | −14.07% |
| Q4 2020 | 2020-12-31 | $3.60B | −$463.2M | −11.39% |
| Q3 2020 | 2020-09-27 | $4.02B | −$59.2M | −1.45% |
| Q2 2020 | 2020-06-28 | $4.21B | $144.4M | +3.55% |
| Q1 2020 | 2020-03-29 | $4.28B | $46.6M | +1.10% |
| Q4 2019 | 2019-12-31 | $4.07B | $196.6M | +5.08% |
| Q3 2019 | 2019-09-29 | $4.08B | $200.6M | +5.17% |
| Q2 2019 | 2019-06-30 | $4.06B | −$69.1M | −1.67% |
| Q1 2019 | 2019-03-31 | $4.23B | $97.6M | +2.36% |
| Q4 2018 | 2018-12-31 | $3.87B | $1.33B | +52.33% |
| Q3 2018 | 2018-09-30 | $3.88B | $987.7M | +34.12% |
| Q2 2018 | 2018-07-01 | $4.13B | $1.38B | +49.89% |
| Q1 2018 | 2018-04-01 | $4.13B | $1.51B | +57.48% |
| Q4 2017 | 2017-12-31 | $2.54B | −$142.9M | −5.33% |
| Q3 2017 | 2017-10-01 | $2.89B | $3.2M | +0.11% |
| Q2 2017 | 2017-07-02 | $2.76B | −$60.4M | −2.14% |
| Q1 2017 | 2017-04-02 | $2.62B | $318.5M | +13.81% |
| Q4 2016 | 2016-12-31 | $2.68B | $609.2M | +29.37% |
| Q3 2016 | 2016-10-02 | $2.89B | $717.3M | +32.99% |
| Q2 2016 | 2016-07-03 | $2.82B | $957.8M | +51.48% |
| Q1 2016 | 2016-04-03 | $2.31B | $402.3M | +21.13% |
| Q4 2015 | 2015-12-31 | $2.07B | $271.0M | +15.03% |
| Q3 2015 | 2015-10-04 | $2.17B | $442.4M | +25.54% |
| Q2 2015 | 2015-07-05 | $1.86B | $431.2M | +30.17% |
| Q1 2015 | 2015-04-05 | $1.90B | $934.3M | +96.37% |
| Q4 2014 | 2014-12-31 | $1.80B | $959.5M | +113.75% |
| Q3 2014 | 2014-09-28 | $1.73B | $529.9M | +44.08% |
| Q2 2014 | 2014-06-29 | $1.43B | $104.0M | +7.85% |
| Q1 2014 | 2014-03-30 | $969.4M | $59.2M | +6.50% |
| Q4 2013 | 2013-12-31 | $843.5M | −$335.1M | −28.43% |
| Q3 2013 | 2013-09-29 | $1.20B | −$55.9M | −4.44% |
| Q2 2013 | 2013-06-30 | $1.33B | $277.0M | +26.42% |
| Q1 2013 | 2013-03-31 | $910.3M | −$417.7M | −31.45% |
| Q4 2012 | 2012-12-31 | $1.18B | −$65.9M | −5.29% |
| Q3 2012 | 2012-09-30 | $1.26B | $11.5M | +0.92% |
| Q2 2012 | 2012-07-01 | $1.05B | $262.7M | +33.44% |
| Q1 2012 | 2012-04-01 | $1.33B | $514.8M | +63.32% |
| Q4 2011 | 2011-12-31 | $1.24B | $563.2M | +82.67% |
| Q3 2011 | 2011-10-02 | $1.25B | $225.8M | +22.12% |
| Q2 2011 | 2011-07-03 | $785.6M | −$495.7M | −38.69% |
| Q1 2011 | 2011-04-03 | $813.1M | −$427.4M | −34.45% |
| Q4 2010 | 2010-12-31 | $681.3M | −$591.9M | −46.49% |
| Q3 2010 | 2010-10-03 | $1.02B | −$591.0M | −36.67% |
| Q2 2010 | 2010-07-04 | $1.28B | −$439.9M | −25.56% |
| Q1 2010 | 2010-04-04 | $1.24B | — | — |
| Q4 2009 | 2009-12-31 | $1.27B | −$678.8M | −34.77% |
| Q3 2009 | 2009-10-04 | $1.61B | — | — |
| Q2 2009 | 2009-07-05 | $1.72B | — | — |
| Q4 2008 | 2008-12-31 | $1.95B | — | — |
Hershey net debt trends
Over the last five fiscal years, Hershey's net debt increased from $3.60B to $4.59B, a change of $991.1M. The latest reported quarter, Q2 2026, shows $5.21B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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