Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). The Hershey Co's share price for the quarter that ended in Dec. 2023 was $186.44. The Hershey Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 204 Mil. Therefore, The Hershey Co's market cap for the quarter that ended in Dec. 2023 was $38,107 Mil.
The Hershey Co's quarterly market cap
declined
from Jun. 2023 ($51,051 Mil) to Sep. 2023 ($40,914 Mil) and
declined
from Sep. 2023 ($40,914 Mil) to Dec. 2023 ($38,107 Mil).
The Hershey Co's annual market cap
increased
from Dec. 2021 ($39,876 Mil) to Dec. 2022 ($47,464 Mil) but then
declined
from Dec. 2022 ($47,464 Mil) to Dec. 2023 ($38,107 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. The Hershey Co's Enterprise Value for Today is $41,982 Mil.
The Hershey Co Market Cap Historical Data
The historical data trend for The Hershey Co's Market Cap 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.
* Premium members only.
The Hershey Co Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
30,693.69
31,719.22
39,875.91
47,463.75
38,107.03
The Hershey Co Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
47,463.75
51,994.79
51,050.67
40,914.16
38,107.03
Competitive Comparison
For the Confectioners subindustry, The Hershey Co's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Hershey Co's Market Cap distribution charts can be found below:
* The bar in red indicates where The Hershey Co's Market Cap falls into.
The Hershey Co Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
The Hershey Co's Market Cap 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.
The Hershey Co (NYSE:HSY) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
The Hershey Co Market Cap Related Terms
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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.
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