Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. The Hershey Co's annualizedGross Profit for the quarter that ended in Dec. 2023 was $4,493 Mil.
The Hershey Co's average Total Assets over the quarter that ended in Dec. 2023 was $11,919 Mil. Therefore, The Hershey Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 37.69%.
The Hershey Co Gross-Profit-to-Asset % Historical Data
The historical data trend for The Hershey Co's Gross-Profit-to-Asset % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of The Hershey Co's Gross-Profit-to-Asset %
For the Confectioners subindustry, The Hershey Co's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
The Hershey Co's Gross-Profit-to-Asset % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Hershey Co's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where The Hershey Co's Gross-Profit-to-Asset % falls into.
The Hershey Co Gross-Profit-to-Asset % Calculation
The Hershey Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Dec. 2023) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
The Hershey Co Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of The Hershey Co's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
The Hershey Co (The Hershey Co) Business Description
Hershey is a leading confectionery manufacturer in the U.S. (around a $25 billion market), controlling around 45% of the domestic chocolate space (per IRI, as cited by Hershey). Beyond its namesake label, the firm's mix has expanded over the last 85 years and now consists of 100 brands, including Reese's, Kit Kat, Kisses, and Ice Breakers. Hershey's products are sold in about 80 countries, albeit with just a high-single-digit percentage of sales coming from markets outside the U.S., including Brazil, India, and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confection business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its mix, Pirate Brands, and Dot's Pretzels over the past few years.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HSY has been successfully added to your 