The Hershey Company (HSY) quarterly balance sheet — complete assets, liabilities & equity history
The Hershey Company (HSY) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 3.96B | 3.77B | 3.59B | 4.4B | 4.43B | 4.8B | 3.76B | 3.55B | 3.34B | 3.39B | 2.91B | 3.19B | 2.88B | 2.73B | 2.62B | 2.69B | 2.43B | 2.46B | 2.25B | 2.74B |
| Cash & Short-Term Investments | 791.21M | 876.98M | 925.86M | 1.16B | 912.35M | 1.52B | 730.75M | 614.95M | 467.06M | 520.4M | 401.9M | 471.25M | 446.16M | 460.35M | 463.89M | 327.74M | 339.72M | 338.06M | 329.27M | 675.52M |
| Cash Only | 791.21M | 876.98M | 925.86M | 1.16B | 912.35M | 1.52B | 730.75M | 614.95M | 467.06M | 520.4M | 401.9M | 471.25M | 446.16M | 460.35M | 463.89M | 327.74M | 339.72M | 338.06M | 329.27M | 675.52M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 907.37M | 974.55M | 729.55M | 966.41M | 820.22M | 879.63M | 800.4M | 1.14B | 846.44M | 1.21B | 823.62M | 1.13B | 764.27M | 856.84M | 711.2M | 929.48M | 654.4M | 868.43M | 671.46M | 841.23M |
| Days Sales Outstanding | 30.72 | 24.15 | 25.79 | 25.55 | 29.58 | 26.65 | 31.29 | 30.29 | 45.01 | 28.39 | 33.41 | 28.41 | 29.62 | 24.14 | 27.84 | 26.42 | 29.2 | 26.86 | 28.94 | 26.48 |
| Inventory | 1.74B | 1.43B | 1.43B | 1.71B | 1.84B | 1.47B | 1.25B | 1.3B | 1.46B | 1.14B | 1.34B | 1.35B | 1.39B | 1.18B | 1.17B | 1.18B | 1.21B | 1.03B | 988.51M | 1.03B |
| Days Inventory Outstanding | 94.72 | 66.85 | 75.75 | 74.2 | 82.81 | 65.07 | 89.42 | 71.6 | 95.25 | 71.54 | 79.75 | 74.48 | 85.96 | 67.44 | 70.37 | 67.21 | 74.25 | 66.11 | 68.28 | 73.13 |
| Other Current Assets | 364.58M | 324.44M | 302.71M | 427.2M | 713.98M | 776.63M | 704.42M | 377.41M | 397.03M | 393.74M | 118.02M | 110.35M | 115.1M | 116.05M | 128.31M | 156.03M | 130.34M | 132.53M | 127.68M | 130.42M |
| Total Non-Current Assets | 10.02B | 10.07B | 10.15B | 9.18B | 9.22B | 9.16B | 9.19B | 9.07B | 9.08B | 9B | 8.99B | 8.75B | 8.64B | 8.39B | 8.33B | 8.14B | 8.16B | 8.19B | 8.17B | 6.7B |
| Property, Plant & Equipment | 3.78B | 3.8B | 3.85B | 3.43B | 3.44B | 3.79B | 3.8B | 3.39B | 3.71B | 3.64B | 3.31B | 3.16B | 3.01B | 2.82B | 3.1B | 2.95B | 2.93B | 2.95B | 2.59B | 2.57B |
| Fixed Asset Turnover | 0.74x | 0.81x | 0.85x | 0.93x | 0.72x | 0.74x | 0.80x | 0.84x | 0.56x | 0.94x | 0.82x | 0.98x | 0.85x | 1.01x | 0.88x | 0.93x | 0.81x | 0.96x | 0.90x | 0.92x |
| Goodwill | 2.99B | 2.99B | 3B | 2.71B | 2.71B | 2.71B | 2.71B | 2.69B | 2.69B | 2.69B | 2.7B | 2.69B | 2.7B | 2.61B | 2.61B | 2.6B | 2.62B | 2.62B | 2.63B | 2.16B |
| Intangible Assets | 2.76B | 2.79B | 2.83B | 1.89B | 1.91B | 2.21B | 2.24B | 1.82B | 2.22B | 2.23B | 2.24B | 1.91B | 1.93B | 1.95B | 2.29B | 2.3B | 2.3B | 2.31B | 2.04B | 1.73B |
| Long-Term Investments | 174.83M | 179.4M | 176.57M | 199.57M | 204.14M | 209.58M | 212.93M | 207.85M | 215.76M | 190.42M | 207.18M | 126.33M | 126.11M | 145.34M | 133.03M | 132.23M | 139.73M | 109.38M | 93.09M | 77.86M |
| Other Non-Current Assets | 294.81M | 278.22M | 270.09M | 910.59M | 907.19M | 199.6M | 194.11M | 921.17M | 202.61M | 201.73M | 494.05M | 824.07M | 835.63M | 819.65M | 165.45M | 116.5M | 131.76M | 159.93M | 775.11M | 121.71M |
| Total Assets | 13.97B | 13.84B | 13.74B | 13.58B | 13.65B | 13.97B | 12.95B | 12.62B | 12.42B | 12.39B | 11.9B | 11.94B | 11.53B | 11.11B | 10.95B | 10.83B | 10.59B | 10.65B | 10.41B | 9.44B |
| Asset Turnover | 0.20x | 0.23x | 0.23x | 0.23x | 0.19x | 0.21x | 0.23x | 0.24x | 0.17x | 0.27x | 0.22x | 0.26x | 0.22x | 0.27x | 0.24x | 0.25x | 0.22x | 0.25x | 0.23x | 0.26x |
| Asset Growth % | 2.4% | -0.91% | 6.14% | 7.59% | 9.91% | 12.74% | 8.77% | 5.75% | 7.72% | 11.5% | 8.71% | 10.18% | 8.85% | 4.38% | 5.15% | 14.77% | 19.19% | 17.78% | 14.02% | 1.99% |
| Total Current Liabilities | 3.35B | 3.04B | 3.01B | 3.23B | 2.89B | 3.02B | 3.93B | 4.2B | 3.89B | 3.49B | 3.01B | 2.94B | 2.73B | 3.28B | 3.26B | 3.39B | 3.3B | 2.57B | 2.49B | 1.91B |
| Accounts Payable | 1.4B | 1.3B | 1.26B | 803.84M | 736.76M | 775.02M | 807.92M | 774.13M | 781.17M | 532.34M | 630.54M | 675.39M | 1.01B | 1B | 970.56M | 915.3M | 876.19M | 825.23M | 692.34M | 671.86M |
| Days Payables Outstanding | 80.75 | 59.86 | 49.74 | 32.2 | 37.83 | 37.85 | 55.35 | 40.33 | 48.17 | 33.56 | 38.74 | 46.04 | 67.64 | 56.61 | 56.29 | 50.33 | 56.4 | 49.67 | 46.23 | 45.11 |
| Short-Term Debt | 421.55M | 673.54M | 721.87M | 717.29M | 467.99M | 748.24M | 1.91B | 2.1B | 1.93B | 1.6B | 1.02B | 823.01M | 863.1M | 1.36B | 1.45B | 1.54B | 1.66B | 876.11M | 942.27M | 413.19M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 926.17M | 970.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 1.18x | 1.24x | 1.19x | 1.36x | 1.53x | 1.59x | 0.96x | 0.85x | 0.86x | 0.97x | 0.97x | 1.09x | 1.06x | 0.83x | 0.80x | 0.79x | 0.74x | 0.96x | 0.90x | 1.44x |
| Quick Ratio | 0.66x | 0.77x | 0.72x | 0.83x | 0.89x | 1.11x | 0.64x | 0.54x | 0.48x | 0.64x | 0.52x | 0.63x | 0.55x | 0.47x | 0.44x | 0.45x | 0.37x | 0.56x | 0.50x | 0.90x |
| Cash Conversion Cycle | 44.69 | 31.15 | 51.8 | 67.55 | 74.56 | 53.87 | 65.36 | 61.57 | 92.09 | 66.36 | 74.43 | 56.85 | 47.94 | 34.98 | 41.91 | 43.3 | 47.05 | 43.3 | 50.99 | 54.5 |
| Total Non-Current Liabilities | 6.06B | 6.07B | 6.09B | 5.79B | 6.24B | 6.27B | 4.3B | 4.22B | 4.52B | 4.79B | 4.8B | 5.03B | 5.1B | 4.37B | 4.39B | 4.36B | 4.4B | 5.16B | 5.16B | 5B |
| Long-Term Debt | 4.68B | 4.68B | 4.68B | 4.61B | 5.18B | 5.18B | 3.12B | 3.19B | 3.49B | 3.79B | 3.72B | 4.02B | 4.02B | 3.27B | 3.34B | 3.27B | 3.27B | 4.02B | 4.09B | 4.02B |
| Capital Lease Obligations | 0 | 0 | 0 | 365.94M | 309.89M | 319.64M | 372.9M | 314.4M | 307.86M | 276.42M | 347.57M | 352M | 359.2M | 358.85M | 294.85M | 362.48M | 370.3M | 378.16M | 310.9M | 241.54M |
| Deferred Tax Liabilities | 720.79M | 706.46M | 679.54M | 470.97M | 409.22M | 413.21M | 424.24M | 322.99M | 330.72M | 338.78M | 345.7M | 303.67M | 304.11M | 318.29M | 328.4M | 269.67M | 291.71M | 294.37M | 288M | 260.5M |
| Other Non-Current Liabilities | 652.13M | 676.85M | 731.92M | 339.41M | 342.27M | 356.62M | 383.49M | 394.96M | 392.2M | 387.23M | 383.58M | 357.83M | 423.88M | 422.79M | 424.89M | 455.18M | 461.09M | 468.45M | 476.16M | 473.07M |
| Total Liabilities | 9.41B | 9.11B | 9.1B | 9.01B | 9.13B | 9.28B | 8.23B | 8.42B | 8.41B | 8.28B | 7.8B | 7.97B | 7.83B | 7.65B | 7.65B | 7.75B | 7.7B | 7.73B | 7.66B | 6.9B |
| Total Debt | 5.61B | 5.36B | 5.4B | 5.74B | 6B | 6.29B | 5.45B | 5.64B | 5.76B | 5.7B | 5.13B | 5.23B | 5.28B | 5.02B | 5.12B | 5.21B | 5.34B | 5.31B | 5.38B | 4.7B |
| Net Debt | 4.82B | 4.48B | 4.48B | 4.58B | 5.09B | 4.78B | 4.72B | 5.03B | 5.29B | 5.18B | 4.72B | 4.76B | 4.83B | 4.56B | 4.65B | 4.89B | 5B | 4.98B | 5.05B | 4.02B |
| Debt / Equity | 1.23x | 1.13x | 1.17x | 1.26x | 1.33x | 1.34x | 1.16x | 1.34x | 1.44x | 1.39x | 1.25x | 1.32x | 1.43x | 1.45x | 1.55x | 1.69x | 1.85x | 1.82x | 1.95x | 1.85x |
| Debt / EBITDA | 7.23x | 6.93x | 9.36x | 10.67x | 18.95x | 12.87x | 5.12x | 7.77x | 14.47x | 4.89x | 8.82x | 6.23x | 7.97x | 5.59x | 8.17x | 8.01x | 9.71x | 6.54x | 9.91x | 7.20x |
| Net Debt / EBITDA | 6.21x | 5.79x | 7.75x | 8.51x | 16.07x | 9.77x | 4.44x | 6.92x | 13.30x | 4.44x | 8.13x | 5.67x | 7.30x | 5.08x | 7.43x | 7.51x | 9.09x | 6.13x | 9.31x | 6.16x |
| Interest Coverage | 11.45x | 12.90x | 6.59x | 8.23x | 3.60x | 7.40x | 18.28x | 12.14x | 6.55x | 24.70x | 8.98x | 16.62x | 11.94x | 20.25x | 10.89x | 14.13x | 12.94x | 21.20x | 12.27x | 18.00x |
| Total Equity | 4.56B | 4.73B | 4.64B | 4.56B | 4.51B | 4.68B | 4.71B | 4.2B | 4.01B | 4.11B | 4.1B | 3.97B | 3.69B | 3.46B | 3.3B | 3.08B | 2.89B | 2.92B | 2.76B | 2.54B |
| Equity Growth % | 1.06% | 1.04% | -1.65% | 8.55% | 12.59% | 14.04% | 15.02% | 5.98% | 8.53% | 18.79% | 24.23% | 28.69% | 27.77% | 18.62% | 19.67% | 21.52% | 27.17% | 28.73% | 23.21% | 22.64% |
| Book Value per Share | 22.34 | 23.17 | 22.81 | 22.43 | 22.22 | 23.06 | 23.17 | 20.71 | 19.75 | 20.05 | 19.96 | 19.31 | 17.98 | 16.80 | 15.99 | 14.95 | 14.01 | 14.07 | 13.29 | 12.23 |
| Total Shareholders' Equity | 4.56B | 4.73B | 4.64B | 4.56B | 4.51B | 4.68B | 4.71B | 4.2B | 4.01B | 4.11B | 4.1B | 3.97B | 3.69B | 3.46B | 3.3B | 3.08B | 2.89B | 2.92B | 2.76B | 2.53B |
| Common Stock | 221.55M | 221.55M | 221.55M | 221.55M | 221.55M | 221.55M | 221.55M | 221.55M | 221.55M | 221.55M | 221.55M | 221.55M | 221.55M | 221.55M | 221.55M | 221.55M | 221.55M | 221.55M | 221.55M | 221.55M |
| Retained Earnings | 5.81B | 5.64B | 5.5B | 5.45B | 5.44B | 5.65B | 5.7B | 5.17B | 5B | 5.09B | 4.56B | 4.45B | 4.17B | 3.97B | 3.59B | 3.4B | 3.21B | 3.07B | 2.72B | 2.57B |
| Treasury Stock | -2.69B | -2.32B | -2.26B | -2.26B | -2.27B | -2.27B | -2.28B | -2.28B | -2.28B | -2.29B | -1.8B | -1.78B | -1.78B | -1.78B | -1.56B | -1.52B | -1.53B | -1.38B | -1.2B | -1.2B |
| Accumulated OCI | -230.55M | -249.91M | -247.35M | -250.02M | -270.42M | -291.3M | -303.89M | -252.12M | -251.61M | -230.84M | -230.08M | -250.65M | -221.04M | -238.01M | -252.33M | -296.05M | -268.38M | -242.01M | -249.22M | -298.4M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.84M |