The Hershey Company (HSY)
NYSE: HSY · Real-Time Price · USD
217.68
-2.43 (-1.10%)
Mar 17, 2026, 3:16 PM EDT - Market open
Hershey Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 28, 2025 | Jun '25 Jun 29, 2025 | Mar '25 Mar 30, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 29, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Oct '23 Oct 1, 2023 | Jul '23 Jul 2, 2023 | Apr '23 Apr 2, 2023 | Dec '22 Dec 31, 2022 | Oct '22 Oct 2, 2022 | Jul '22 Jul 3, 2022 | Apr '22 Apr 3, 2022 | Dec '21 Dec 31, 2021 | Oct '21 Oct 3, 2021 | Jul '21 Jul 4, 2021 | Apr '21 Apr 4, 2021 |
Net Income | 320.02 | 276.32 | 62.72 | 224.2 | 796.59 | 446.3 | 180.89 | 797.45 | 349.04 | 518.58 | 406.98 | 587.19 | 396.3 | 399.49 | 315.56 | 533.48 | 339.79 | 444.93 | 301.23 | 396.87 |
Depreciation & Amortization | 132.52 | 127.78 | 123.83 | 119.56 | 123.82 | 113.26 | 110.42 | 107.76 | 116.72 | 103.31 | 101.59 | 98.2 | 99.88 | 94.2 | 93.85 | 91.04 | 83.05 | 78.02 | 76.03 | 77.9 |
Stock-Based Compensation | 19.01 | 15.45 | 17.44 | 13.56 | 11.84 | 15.07 | 11.51 | 5.99 | 24.67 | 20.51 | 16.85 | 18.99 | 15.35 | 18.08 | 17.22 | 15.34 | 15.7 | 18.53 | 16.83 | 15.66 |
Other Adjustments | 122 | 177.23 | 214.6 | 276.86 | -29.28 | 49.85 | 101.72 | -227.24 | 155.45 | 69.79 | 93.67 | 11.1 | 192.36 | 52.57 | 59.36 | 41.7 | 116.1 | 42.13 | 40.71 | 24.21 |
Change in Receivables | 255.95 | -146.57 | 62.64 | -73.04 | 335.23 | -297.73 | 350.37 | -383.42 | 307.61 | -366.19 | 97.46 | -140.96 | 220.9 | -278.28 | 208.84 | -189.62 | 208.22 | -311.81 | 111.04 | -22.1 |
Changes in Inventories | 311.69 | 131.56 | -369.33 | -207.24 | 41.16 | 155.8 | -330.18 | 202.06 | 10.96 | 33.8 | -198.64 | -3.26 | 14.46 | 18.65 | -182.75 | -37.32 | 60.32 | 30.1 | -122.29 | 53.32 |
Changes in Accounts Payable | -290.15 | 70.96 | 47.04 | 335.64 | -90.27 | 99.22 | 76.28 | -56.33 | -77.94 | 148.45 | -36.33 | 16.05 | -31.75 | 124.9 | 25.31 | 98.03 | -36.71 | 109.68 | 23.66 | -56.9 |
Changes in Income Taxes Payable | -76.67 | -3.91 | 82.6 | 80.17 | -155.6 | 74.95 | -83.98 | 147.54 | -115.71 | 86.9 | -177.88 | 174.2 | -119.96 | 73.04 | -75.33 | 127.26 | -121.92 | 23.92 | -36.36 | 104.68 |
Changes in Other Operating Activities | 125.79 | 205.34 | -129.33 | -373.04 | -91.89 | 38.53 | -75.73 | -24.67 | -13.14 | -99.42 | -9.29 | -6.11 | -19.89 | -56.22 | -4.75 | -23.43 | 14.61 | -49.44 | -2.84 | 16.01 |
Operating Cash Flow | 926.55 | 841.92 | 112.22 | 396.68 | 941.6 | 695.25 | 325.61 | 569.13 | 757.65 | 515.73 | 294.41 | 755.4 | 767.64 | 446.42 | 457.31 | 656.47 | 679.17 | 386.07 | 408.01 | 609.64 |
Operating Cash Flow Growth | -1.60% | 21.09% | -65.54% | -30.30% | 24.28% | 34.81% | 10.60% | -24.66% | -1.30% | 15.53% | -35.62% | 15.07% | 13.03% | 15.63% | 12.08% | 7.68% | 12.37% | -19.77% | 10.89% | 147.73% |
Capital Expenditures | -138.09 | -85.92 | -85.09 | -145.53 | -134.53 | -127.96 | -130.15 | -213.3 | -222.51 | -218.1 | -154.41 | -176.09 | -159.49 | -119.03 | -99.9 | -141.06 | -148.43 | -119.84 | -113.14 | -114.47 |
Purchases of Intangible Assets | - | - | -36.8 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Purchases of Investments | - | - | - | - | - | - | - | - | -238.68 | 0.95 | -6.77 | -12.31 | -115.82 | -43.52 | -93.69 | -22.5 | -52.5 | -18.47 | -32.38 | -25.06 |
Payments for Business Acquisitions | - | - | - | - | - | - | - | - | - | - | -82.91 | - | - | - | - | - | -1,182 | -1.31 | -209.1 | - |
Other Investing Activities | 0.07 | 5.52 | 3.89 | -1.46 | 6.34 | -31.63 | -32.01 | -14.27 | -1.94 | -2.36 | -0.71 | 0.09 | -2.09 | 3.56 | 6.57 | -0.4 | -0.59 | 0.01 | 0.59 | 2.53 |
Investing Cash Flow | -896.54 | -80.4 | -154.8 | -146.99 | -410.99 | -159.59 | -162.16 | -227.57 | -463.13 | -219.51 | -327.71 | -188.32 | -277.4 | -158.99 | -187.02 | -163.97 | -1,383 | -139.62 | -563.12 | -137.01 |
Net Short-Term Debt Issued (Repaid) | 3.74 | 49.17 | 14.09 | -1,166 | 124.24 | -127.23 | 40.19 | 569.81 | -100.04 | -39.89 | 256.68 | -90.7 | -100.08 | -121.05 | 41.13 | -65.64 | 529.05 | 202.95 | 143.11 | -6.08 |
Long-Term Debt Issued | -1,985 | -992.27 | -1.48 | 1,986 | 1,985 | 992.27 | - | - | - | - | 372.05 | - | - | - | - | - | - | - | - | - |
Long-Term Debt Repaid | -1.75 | -301.32 | -301.52 | -1.8 | -301.88 | -1.45 | -1.46 | -1.57 | -1.87 | -1.18 | -751.18 | -1.19 | -1.42 | -0.85 | -1.42 | -1.05 | -1.42 | -1.07 | -351.09 | -85.86 |
Net Long-Term Debt Issued (Repaid) | -1,986 | -1,294 | -303 | 1,984 | 1,683 | 990.83 | -1.46 | -1.57 | -1.87 | -1.18 | -379.13 | -1.19 | -1.42 | -0.85 | -1.42 | -1.05 | -1.42 | -1.07 | -351.09 | -85.86 |
Issuance of Common Stock | - | 10.32 | 4.2 | 2.74 | - | 5.5 | 4.18 | 4.1 | - | 2.23 | 6.83 | 15.19 | - | 9.05 | 5.06 | 16.71 | - | 7.75 | 16.63 | 15.12 |
Repurchase of Common Stock | -1.6 | -0.99 | -3.62 | -12.57 | -2.27 | -0.53 | -250.7 | -520.6 | -25.93 | -13.63 | -124.62 | -268.2 | -34.49 | -17.63 | -156.82 | -232.39 | -12.27 | -24.88 | -196.91 | -252.3 |
Net Common Stock Issued (Repurchased) | -1.6 | 9.33 | 0.58 | -9.84 | -2.27 | 4.97 | -246.52 | -516.49 | -25.93 | -11.4 | -117.79 | -253.01 | -34.49 | -8.57 | -151.76 | -215.68 | -12.27 | -17.13 | -180.28 | -237.18 |
Common Dividends Paid | -271.34 | -271.13 | -271.23 | -271.59 | -270.49 | -270.38 | -270.52 | -273.4 | -237.81 | -237.72 | -206.19 | -207.36 | -207.04 | -207.01 | -179.9 | -181.08 | -180.79 | -180.89 | -161.57 | -162.74 |
Financing Cash Flow | -266.92 | -513.95 | -559.57 | 537.08 | -449.53 | -394.1 | -231.22 | -221.66 | -363.89 | -277.69 | 45.57 | -552.25 | -339.69 | -320.63 | -291.95 | -463.45 | 356.69 | 3.87 | -549.83 | -491.86 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | -0.26 | 3.11 | -0.76 | -2.27 | 34.72 | 6.33 | 14.43 | -1.41 | 0.02 | 6.56 | -26.45 | -18.38 | -14.4 | 21.22 | 23.33 | -20.26 | 0.98 | -1 | -1.11 | -3.95 |
Net Cash Flow | -237.16 | 250.67 | -602.91 | 784.51 | 115.8 | 147.89 | -53.35 | 118.5 | -69.35 | 25.09 | -14.19 | -3.54 | 136.15 | -11.98 | 1.67 | 8.79 | -346.25 | 249.32 | -706.04 | -11.75 |
Free Cash Flow | 788.47 | 755.99 | 27.13 | 251.16 | 807.08 | 567.3 | 195.45 | 355.83 | 535.14 | 297.64 | 140 | 579.3 | 608.16 | 327.39 | 357.41 | 515.4 | 530.74 | 266.22 | 294.88 | 495.17 |
Free Cash Flow Growth | -2.31% | 33.26% | -86.12% | -29.42% | 50.82% | 90.60% | 39.61% | -38.58% | -12.01% | -9.09% | -60.83% | 12.40% | 14.59% | 22.98% | 21.21% | 4.09% | 16.69% | -29.00% | 4.79% | 237.13% |
FCF Margin | 25.51% | 23.76% | 1.04% | 8.95% | 27.95% | 18.99% | 9.42% | 10.94% | 20.14% | 9.82% | 5.62% | 19.39% | 22.93% | 12.00% | 15.06% | 19.33% | 22.82% | 11.28% | 14.82% | 21.57% |
Free Cash Flow Per Share | 3.88 | 3.72 | 0.13 | 1.24 | 3.97 | 2.79 | 0.96 | 1.74 | 2.61 | 1.45 | 0.68 | 2.81 | 2.95 | 1.59 | 1.73 | 2.49 | 2.56 | 1.28 | 1.42 | 2.37 |
Levered Free Cash Flow | -1,597 | -522.3 | -556.47 | 852.28 | 2,296 | 1,664 | -213.72 | 1,529 | -54.5 | 532.45 | -190.43 | 598.29 | 78.05 | 413.12 | 111.69 | 581.3 | 714.11 | 719.26 | -81.69 | 384.39 |
Unlevered Free Cash Flow | 450.39 | 768.69 | -249.17 | 65.34 | 727.35 | 881.33 | -221.59 | 1,019 | 205.36 | 639.02 | 44.2 | 721.63 | 358.01 | 605.56 | 113.49 | 682.31 | 305.88 | 562.71 | 153.84 | 507.39 |
Updated Feb 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.