The Hershey Company (HSY) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 3.1B | 3.09B | 3.18B | 2.61B | 2.81B | 2.89B | 2.99B | 2.07B | 3.25B | 2.66B | 3.03B | 2.49B |
| Revenue Growth % | 10.65% | 7.05% | 6.49% | 26.04% | -13.75% | 8.67% | -1.4% | -16.7% | 8.87% | 0.18% | 11.06% | 4.96% |
| Cost of Goods Sold | 1.88B | 1.95B | 2.18B | 1.82B | 1.86B | 1.33B | 1.75B | 1.24B | 1.58B | 1.53B | 1.67B | 1.36B |
| COGS % of Revenue | 60.61% | 62.96% | 68.42% | 69.55% | 66.34% | 46.03% | 58.74% | 59.81% | 48.47% | 57.73% | 55.11% | 54.54% |
| Gross Profit | 1.22B | 1.14B | 1B | 796.27M | 944.27M | 1.56B | 1.23B | 833.75M | 1.68B | 1.12B | 1.36B | 1.13B |
| Gross Margin % | 39.39% | 37.04% | 31.58% | 30.45% | 33.66% | 53.97% | 41.26% | 40.19% | 51.53% | 42.27% | 44.89% | 45.46% |
| Gross Profit Growth % | 29.49% | -26.54% | -18.51% | -4.49% | -43.66% | 38.75% | -9.38% | -26.35% | 21.25% | -1.89% | 22.71% | 13.21% |
| Operating Expenses | 582.04M | 699.9M | 594.58M | 603.46M | 575.05M | 619.2M | 619.55M | 545.92M | 617.98M | 658.81M | 624.3M | 571.43M |
| OpEx % of Revenue | 18.75% | 22.64% | 18.69% | 23.08% | 20.5% | 21.44% | 20.74% | 26.32% | 19% | 24.79% | 20.6% | 22.95% |
| Selling, General & Admin | 576.04M | 698.15M | 594.58M | 603.21M | 558.67M | 562.66M | 540.52M | 540.99M | 618.62M | 686.82M | 624.3M | 579.47M |
| SG&A % of Revenue | 18.56% | 22.59% | 18.69% | 23.07% | 19.91% | 19.49% | 18.09% | 26.08% | 19.02% | 25.85% | 20.6% | 23.27% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50.03M | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | 1.88% | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 255K | 1000K | 1000K | 1000K | 1000K | -638K | -1000K | 0 | -1000K |
| Operating Income | 640.69M | 444.91M | 410.01M | 192.81M | 369.22M | 939.15M | 613.16M | 287.82M | 1.06B | 464.33M | 735.95M | 560.66M |
| Operating Margin % | 20.64% | 14.39% | 12.89% | 7.37% | 13.16% | 32.52% | 20.52% | 13.87% | 32.53% | 17.47% | 24.29% | 22.51% |
| Operating Income Growth % | 73.53% | -52.63% | -33.13% | -33.01% | -65.11% | 102.26% | -16.68% | -48.66% | 32.28% | -11.83% | 32.22% | 22.81% |
| EBITDA | 773.7M | 380.62M | 537.79M | 316.64M | 488.79M | 1.06B | 726.42M | 398.24M | 1.17B | 581.05M | 839.26M | 662.25M |
| EBITDA Margin % | 24.92% | 12.31% | 16.9% | 12.11% | 17.42% | 36.81% | 24.32% | 19.2% | 35.84% | 21.87% | 27.7% | 26.59% |
| EBITDA Growth % | 58.29% | -64.19% | -25.97% | -20.49% | -58.08% | 82.94% | -13.45% | -39.87% | 29.81% | -7.26% | 28.95% | 20.33% |
| D&A (Non-Cash Add-back) | 133M | 0 | 127.78M | 123.83M | 119.56M | 123.81M | 113.25M | 110.42M | 107.76M | 116.72M | 103.31M | 101.59M |
| EBIT | 640.69M | 380.62M | 423.38M | 206.39M | 374.26M | 764.89M | 565.31M | 290.18M | 1.03B | 359.73M | 695.26M | 479.69M |
| Net Interest Income | -49.82M | -48.08M | -40.27M | -46.03M | -44.62M | -40.14M | -44.32M | -41.37M | -39.82M | -37.68M | -39.76M | -36.66M |
| Interest Income | 0 | 0 | 11.2M | 11.24M | 5.99M | 1.69M | 2.25M | 2.94M | 1.79M | 2.37M | 2.09M | 3.51M |
| Interest Expense | 49.82M | 48.08M | 51.47M | 57.28M | 50.61M | 41.84M | 46.56M | 44.31M | 41.61M | 40.06M | 41.84M | 40.17M |
| Other Income/Expense | -48M | -75.38M | -38.1M | -43.7M | -45.57M | -216.09M | -94.42M | -41.95M | -71.84M | -144.65M | -82.54M | -121.14M |
| Pretax Income | 592.7M | 369.53M | 371.91M | 149.11M | 323.65M | 723.06M | 518.75M | 245.87M | 986.26M | 319.68M | 653.41M | 439.52M |
| Pretax Margin % | 19.09% | 11.96% | 11.69% | 5.7% | 11.54% | 25.04% | 17.36% | 11.85% | 30.32% | 12.03% | 21.56% | 17.65% |
| Income Tax | 157.59M | 49.52M | 95.59M | 86.39M | 99.45M | -73.53M | 72.45M | 64.98M | 188.81M | -29.37M | 134.84M | 32.54M |
| Effective Tax Rate % | 26.59% | 13.4% | 25.7% | 57.94% | 30.73% | -10.17% | 13.97% | 26.43% | 19.14% | -9.19% | 20.64% | 7.4% |
| Net Income | 435.11M | 320.02M | 276.32M | 62.72M | 224.2M | 796.59M | 446.3M | 180.89M | 797.45M | 349.04M | 518.58M | 406.98M |
| Net Margin % | 14.02% | 10.35% | 8.69% | 2.4% | 7.99% | 27.59% | 14.94% | 8.72% | 24.52% | 13.14% | 17.11% | 16.34% |
| Net Income Growth % | 94.07% | -59.83% | -38.09% | -65.33% | -71.89% | 128.22% | -13.94% | -55.55% | 35.81% | -11.92% | 29.81% | 28.97% |
| Net Income (Continuing) | 435.11M | 320.02M | 276.32M | 62.72M | 224.2M | 796.59M | 446.3M | 180.89M | 797.45M | 349.04M | 518.58M | 406.98M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.13 | 1.57 | 1.36 | 0.31 | 1.10 | 3.92 | 2.20 | 0.89 | 3.89 | 1.70 | 2.52 | 1.98 |
| EPS Growth % | 93.64% | -59.95% | -38.18% | -65.17% | -71.72% | 130.59% | -12.7% | -55.05% | 36.49% | -11.46% | 29.9% | 29.41% |
| EPS (Basic) | 2.19 | 1.62 | 1.36 | 0.31 | 1.11 | 3.93 | 2.20 | 0.89 | 3.90 | 1.71 | 2.53 | 1.99 |
| Diluted Shares Outstanding | 204.27M | 203.27M | 203.49M | 203.19M | 203.14M | 203.49M | 203.03M | 203.01M | 204.88M | 205.36M | 205.49M | 205.53M |
| Basic Shares Outstanding | 198.68M | 203.49M | 203.49M | 202.86M | 202.71M | 202.96M | 202.51M | 202.51M | 204.22M | 204.7M | 204.73M | 204.69M |
| Dividend Payout Ratio | 66.19% | 84.79% | 98.12% | 432.45% | 121.14% | 33.96% | 60.58% | 149.55% | 34.28% | 68.13% | 45.84% | 50.66% |