Hershey Cash Flow Statement
NYSE: HSYConsumer StaplesSpecialty FoodsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Hershey free cash flow
In fiscal 2025, Hershey generated $2.28 billion of operating cash flow and spent $454.6 million on capital expenditures. That left free cash flow of $1.82 billion, a free-cash-flow margin of 15.6% of revenue. Free cash flow was down 5.3% from the prior year's $1.93 billion.
Hershey returned $1.09 billion to shareholders through dividends, equal to 60% of free cash flow. Free cash flow covered dividend payments 1.7 times.
Summary generated from market data by MetaCap's automated system. Methodology
Hershey cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 883.26M | 2.22B | 1.86B | 1.64B | 1.48B | 1.28B | 1.15B | 1.17B | 756.54M | 720.04M |
| Net Income growth (YoY) | -60.24% | +19.31% | +13.19% | +10.93% | +16.26% | +11.22% | -2.07% | +54.79% | +5.07% | +40.37% |
| Depreciation & Amortization | 503.70M | 455.25M | 419.81M | 378.96M | 315.00M | 294.91M | 291.54M | 295.14M | 261.85M | 301.84M |
| Stock-Based Compensation | 65.46M | 44.41M | 81.02M | 65.99M | 66.71M | 57.58M | 51.90M | 49.29M | 51.06M | 54.78M |
| Change in Working Capital | -24.39M | 12.38M | -231.44M | -23.16M | 55.17M | -163.49M | 73.75M | -144.31M | -113.03M | -71.36M |
| Operating Cash Flow | 2.28B | 2.53B | 2.32B | 2.33B | 2.08B | 1.70B | 1.76B | 1.60B | 1.25B | 1.01B |
| Capital Expenditures | -454.62M | -605.94M | -771.11M | -519.48M | -495.88M | -441.63M | -318.19M | -328.60M | -257.68M | -269.48M |
| Investing Cash Flow | -1.28B | -960.31M | -1.20B | -787.38M | -2.22B | -531.28M | -780.48M | -1.50B | -328.66M | -595.45M |
| Dividends Paid | -1.09B | -1.08B | -889.07M | -775.03M | -685.99M | -640.73M | -610.31M | -562.52M | -526.27M | -499.48M |
| Share Repurchases | 0 | -494.19M | -264.91M | -388.96M | -457.95M | -211.20M | -527.21M | -247.50M | -300.31M | -592.55M |
| Debt Issued | 1.98B | 0 | 744.09M | 0 | 0 | 989.88M | 989.62M | 1.20B | 954.00K | 792.95M |
| Debt Repaid | -606.39M | -306.36M | -755.41M | -4.74M | -439.44M | -704.47M | -6.15M | -910.84M | 0 | -500.00M |
| Financing Cash Flow | -803.36M | -1.30B | -1.15B | -1.42B | -681.14M | -499.23M | -1.08B | 116.11M | -843.77M | -464.40M |
| Net Change in Cash | 195.11M | 328.84M | -61.99M | 134.62M | -814.72M | 650.73M | -94.74M | 207.82M | 83.21M | -49.56M |
| Free Cash Flow | 1.82B | 1.93B | 1.55B | 1.81B | 1.59B | 1.26B | 1.45B | 1.27B | 991.84M | 743.95M |
This table shows 10 annual periods of Hershey's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow HSY's reporting calendar. What is a cash flow statement?