Hershey annual return on equity
2008
2009
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2020
2021
2022
2023
2024
2025
Hershey Return on Equity (ROE) Growth & History (HSY)
Hershey's return on equity was 18.89% for fiscal 2025.
View full Hershey company overviewHershey annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 18.89% | −31.51 pp |
| 2024 | 2024-12-31 | 50.40% | +0.08 pp |
| 2023 | 2023-12-31 | 50.33% | −3.99 pp |
| 2022 | 2022-12-31 | 54.31% | −4.89 pp |
| 2021 | 2021-12-31 | 59.20% | −5.16 pp |
| 2020 | 2020-12-31 | 64.36% | −8.92 pp |
| 2019 | 2019-12-31 | 73.28% | −28.50 pp |
| 2018 | 2018-12-31 | 101.77% | +9.72 pp |
| 2017 | 2017-12-31 | 92.05% | +11.32 pp |
| 2016 | 2016-12-31 | 80.73% | +38.91 pp |
| 2015 | 2015-12-31 | 41.82% | −13.53 pp |
| 2014 | 2014-12-31 | 55.36% | −6.76 pp |
| 2013 | 2013-12-31 | 62.12% | −7.67 pp |
| 2012 | 2012-12-31 | 69.79% | −1.70 pp |
| 2011 | 2011-12-31 | 71.49% | +8.66 pp |
| 2010 | 2010-12-31 | 62.83% | −21.12 pp |
| 2009 | 2009-12-31 | 83.95% | +17.82 pp |
| 2008 | 2008-12-31 | 66.14% | — |
Hershey quarterly return on equity
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Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-28 | 9.85% | +8.48 pp |
| Q1 2026 | 2026-03-29 | 9.29% | +4.52 pp |
| Q4 2025 | 2025-12-31 | 6.96% | −10.91 pp |
| Q3 2025 | 2025-09-28 | 6.09% | −4.78 pp |
| Q2 2025 | 2025-06-29 | 1.36% | −3.09 pp |
| Q1 2025 | 2025-03-30 | 4.77% | −14.66 pp |
| Q4 2024 | 2024-12-31 | 17.86% | +9.21 pp |
| Q3 2024 | 2024-09-29 | 10.87% | −2.67 pp |
| Q2 2024 | 2024-06-30 | 4.46% | −6.92 pp |
| Q1 2024 | 2024-03-31 | 19.43% | +2.05 pp |
| Q4 2023 | 2023-12-31 | 8.65% | −3.76 pp |
| Q3 2023 | 2023-10-01 | 13.54% | +0.16 pp |
| Q2 2023 | 2023-07-02 | 11.38% | +0.51 pp |
| Q1 2023 | 2023-04-02 | 17.38% | −1.43 pp |
| Q4 2022 | 2022-12-31 | 12.42% | −0.28 pp |
| Q3 2022 | 2022-10-02 | 13.37% | −5.19 pp |
| Q2 2022 | 2022-07-03 | 10.87% | −2.46 pp |
| Q1 2022 | 2022-04-03 | 18.81% | +1.18 pp |
| Q4 2021 | 2021-12-31 | 12.70% | −0.86 pp |
| Q3 2021 | 2021-10-03 | 18.56% | −4.86 pp |
| Q2 2021 | 2021-07-04 | 13.33% | −2.38 pp |
| Q1 2021 | 2021-04-04 | 17.63% | +1.73 pp |
| Q4 2020 | 2020-12-31 | 13.55% | +1.69 pp |
| Q3 2020 | 2020-09-27 | 23.42% | +4.44 pp |
| Q2 2020 | 2020-06-28 | 15.70% | −4.55 pp |
| Q1 2020 | 2020-03-29 | 15.90% | −5.74 pp |
| Q4 2019 | 2019-12-31 | 11.87% | −13.71 pp |
| Q3 2019 | 2019-09-29 | 18.98% | −4.11 pp |
| Q2 2019 | 2019-06-30 | 20.25% | −2.19 pp |
| Q1 2019 | 2019-03-31 | 21.64% | −15.47 pp |
| Q4 2018 | 2018-12-31 | 25.58% | +4.74 pp |
| Q3 2018 | 2018-09-30 | 23.08% | −9.48 pp |
| Q2 2018 | 2018-07-01 | 22.44% | −1.71 pp |
| Q1 2018 | 2018-04-01 | 37.11% | +21.63 pp |
| Q4 2017 | 2017-12-31 | 20.84% | +6.94 pp |
| Q3 2017 | 2017-10-01 | 32.56% | +4.55 pp |
| Q2 2017 | 2017-07-02 | 24.15% | +5.43 pp |
| Q1 2017 | 2017-04-02 | 15.48% | −9.65 pp |
| Q4 2016 | 2016-12-31 | 13.90% | −10.26 pp |
| Q3 2016 | 2016-10-02 | 28.02% | +14.26 pp |
| Q2 2016 | 2016-07-03 | 18.72% | +26.99 pp |
| Q1 2016 | 2016-04-03 | 25.13% | +7.14 pp |
| Q4 2015 | 2015-12-31 | 24.16% | +10.65 pp |
| Q3 2015 | 2015-10-04 | 13.76% | −0.73 pp |
| Q2 2015 | 2015-07-05 | −8.27% | −18.95 pp |
| Q1 2015 | 2015-04-05 | 17.99% | +2.26 pp |
| Q4 2014 | 2014-12-31 | 13.50% | +0.86 pp |
| Q3 2014 | 2014-09-28 | 14.49% | −4.53 pp |
| Q2 2014 | 2014-06-29 | 10.67% | −3.75 pp |
| Q1 2014 | 2014-03-30 | 15.73% | −6.91 pp |
| Q4 2013 | 2013-12-31 | 12.64% | −2.21 pp |
| Q3 2013 · Sep 29 | 2013-09-29 | 19.01% | +1.74 pp |
| Q2 2013 | 2013-06-30 | 14.42% | +0.32 pp |
| Q1 2013 | 2013-03-31 | 22.64% | −0.49 pp |
| Q4 2012 | 2012-12-31 | 14.85% | −1.07 pp |
| Q3 2012 | 2012-09-30 | 17.28% | −3.00 pp |
| Q2 2012 · Jul 1 | 2012-07-01 | 14.10% | +0.32 pp |
| Q1 2012 · Apr 1 | 2012-04-01 | 23.13% | +5.12 pp |
| Q4 2011 | 2011-12-31 | 15.93% | +0.25 pp |
| Q3 2011 | 2011-10-02 | 20.28% | −3.36 pp |
| Q2 2011 | 2011-07-03 | 13.78% | +7.33 pp |
| Q1 2011 | 2011-04-03 | 18.01% | −2.00 pp |
| Q4 2010 | 2010-12-31 | 15.67% | −3.57 pp |
| Q3 2010 | 2010-10-03 | 23.64% | −8.29 pp |
| Q2 2010 | 2010-07-04 | 6.45% | −12.93 pp |
| Q1 2010 | 2010-04-04 | 20.02% | — |
| Q4 2009 | 2009-12-31 | 19.24% | — |
| Q3 2009 | 2009-10-04 | 31.93% | — |
| Q2 2009 | 2009-07-05 | 19.38% | — |
Hershey return on equity trends
Over the last five fiscal years, Hershey's return on equity decreased from 64.36% to 18.89%, a change of −45.47 percentage points. The latest reported quarter, Q2 2026, shows 9.85%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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