HERSHEY CO

Sugar & Confectionery Products·HERSHEY, PA·FY end 12/31·CIK 47111

CEO Pay Ratio

389:1

Special Advisor;

CEO Total Comp

$434.1K

Special Advisor;

Median Employee

$64,007

Revenue

$11.7B

FY 2025

Net Income

$883.3M

FY 2025

Free Cash Flow

$1.8B

FY 2025

Net Margin

7.6%

Insider Net (180d)

-$63.9M

0 buys / 172 sales

CEO Pay Accountability

CEO comp as % of net income

0.05%

For every $1,000 of profit, $0.49 flows to the CEO.

CEO comp as % of buybacks

—

No buyback data for the most recent fiscal year.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$11.7B	$11.2B	$11.2B	$10.4B	$9.0B
Gross Profit	$3.9B	$5.3B	$5.0B	$4.5B	$4.0B
Operating Income	$1.4B	$2.9B	$2.6B	$2.3B	$2.0B
Net Income	$883.3M	$2.2B	$1.9B	$1.6B	$1.5B
Operating CF	$2.3B	$2.5B	$2.3B	$2.3B	$2.1B
Capex	$454.6M	$605.9M	$771.1M	$519.5M	$495.9M
Free Cash Flow	$1.8B	$1.9B	$1.6B	$1.8B	$1.6B
Buybacks	$0	$494.2M	$264.9M	$389.0M	$457.9M
Dividends	$1.1B	$1.1B	$889.1M	$775.0M	$686.0M

Gross Margin	33.5%	47.3%	44.8%	43.2%	45.1%
Operating Margin	12.3%	25.9%	22.9%	21.7%	22.8%
Net Margin	7.6%	19.8%	16.7%	15.8%	16.5%
FCF Margin	15.6%	17.2%	13.9%	17.4%	17.7%
R&D / Revenue	0.5%	0.5%	0.4%	0.5%	0.4%
Effective Tax	27.3%	10.2%	14.3%	14.2%	17.5%
Debt / Equity	—	—	—	—	—	—
Buybacks / FCF	0.0%	25.7%	17.1%	21.5%	28.9%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Ms. Buck	$1.4M	$6.5M	—	$3.5M	$3.7M	$1.0M
Special Advisor;Former Chairman of the Board, President and CEO	$1.4M	$9.0M	—	—	$1.1M	$434.1K
Mr. Tanner	$456.7K	$14.7M	—	—	$1.4M	$317.5K
Mr. Archambault	$745.7K	$8.1M	—	$2.4M	$1.2M	$270.7K
Mr. VoskuilSenior Vice President, CFO	$790.0K	$6.7M	—	—	$1.3M	$255.6K
Mr. BhatiaSenior Vice President, Chief Technology Officer	$725.0K	$3.3M	—	—	$1.2M	$239.3K
Mr. ReimanSenior Vice President, Chief Supply Chain Officer	$765.0K	$3.7M	—	—	$1.2M	$209.6K