# HERSHEY CO (HSY) · Edgar & Edgarette company card

> Hershey (HSY) grew revenue 4.4% in FY2025 to $11.7 billion, operating margin 12.3% against a 7.4% median for sugar & confectionery products, equity 33.7% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 47111 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/HSY) · [JSON](https://www.pops4.com/boards/company/HSY.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $11.7B |
| Revenue growth, 1 year | 4.4% |
| Revenue growth per year | 6.8% |
| Operating margin | 12.3% (prior year 25.9%) |
| Net margin | 7.6% |
| Operating cash flow | $2.3B |
| Capital spending | $455M |
| Free cash flow | $1.8B |
| Cash | $926M |
| Long-term debt | $5.2B |
| Total assets | $13.7B |
| Total equity | $4.6B |
| Equity ÷ assets | 33.7% |
| Return on equity | 19.0% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 2.82 (safe zone)
- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow now · steady, with strong cash arriving today

## Edgarette's reading

Exposure: revenue $11.7B (FY2025), total debt $5.2B. Experience: revenue up 4.4% on the year, up 6.8% a year over 4 years; operating margin 12.3%, down from 25.9%. Soundness: equity 33.7% of assets, return on equity 19.0%, payout 122.9% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $10.8B and $12.8B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $10.0B to $13.8B. A statistical range, not company guidance. Against peers (47 filers, $50M+ revenue, its industry group): operating margin 12.3% against a 7.4% median; growth 4.4% against 2.7%.

Range logged 2026-09-25, receipt 0c55bde4f711aecd, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 4, latest 2026-09-02 ([filing](https://www.sec.gov/Archives/edgar/data/47111/000162828026060131/0001628280-26-060131-index.htm))

## Recent filings

- 10-Q · filed 2026-10-29 · [filing](https://www.sec.gov/Archives/edgar/data/47111/000162828026068136/0001628280-26-068136-index.htm)
- 8-K · filed 2026-10-29 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/47111/000162828026068046/0001628280-26-068046-index.htm)
- 8-K · filed 2026-09-02 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/47111/000162828026060131/0001628280-26-060131-index.htm)
- 10-Q · filed 2026-07-30 · [filing](https://www.sec.gov/Archives/edgar/data/47111/000162828026050900/0001628280-26-050900-index.htm)
- 8-K · filed 2026-07-30 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/47111/000162828026050769/0001628280-26-050769-index.htm)
- 8-K · filed 2026-06-09 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/47111/000162828026041894/0001628280-26-041894-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000047111.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=47111

## Cite

POPS4, Edgar & Edgarette: HERSHEY CO (HSY) company card, from the company's own SEC filings, accessed 2026-11-02, https://www.pops4.com/boards/company/HSY. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.