Calculation
Debt to equity | = | Total debt1 | ÷ | The Hershey Company stockholders’ equity1 | |
---|---|---|---|---|---|
Dec 31, 2022 | 1.45 | = | 4,791,345) | ÷ | 3,299,544) |
Dec 31, 2021 | 1.82 | = | 5,028,894) | ÷ | 2,757,229) |
Dec 31, 2020 | 2.06 | = | 4,602,625) | ÷ | 2,234,352) |
Dec 31, 2019 | 2.45 | = | 4,266,485) | ÷ | 1,739,222) |
Dec 31, 2018 | 3.19 | = | 4,457,596) | ÷ | 1,398,721) |
Dec 31, 2017 | 3.19 | = | 2,920,480) | ÷ | 915,338) |
Dec 31, 2016 | 3.79 | = | 2,980,169) | ÷ | 785,856) |
Dec 31, 2015 | 2.43 | = | 2,420,527) | ÷ | 997,997) |
Dec 31, 2014 | 1.50 | = | 2,184,464) | ÷ | 1,455,062) |
Dec 31, 2013 | 1.22 | = | 1,962,017) | ÷ | 1,604,834) |
Dec 31, 2012 | 1.84 | = | 1,906,865) | ÷ | 1,036,749) |
Dec 31, 2011 | 2.22 | = | 1,888,173) | ÷ | 849,022) |
Dec 31, 2010 | 2.03 | = | 1,827,305) | ÷ | 902,316) |
Dec 31, 2009 | 2.14 | = | 1,542,043) | ÷ | 720,459) |
Dec 31, 2008 | 6.31 | = | 2,007,458) | ÷ | 318,199) |
Dec 31, 2007 | 3.60 | = | 2,136,357) | ÷ | 592,922) |
Dec 31, 2006 | 3.06 | = | 2,092,126) | ÷ | 683,423) |
Dec 31, 2005 | 1.73 | = | 1,761,870) | ÷ | 1,021,076) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
Hershey Co. | Altria Group Inc. | Coca-Cola Co. | Mondelēz International Inc. | PepsiCo Inc. | Philip Morris International Inc. | |
---|---|---|---|---|---|---|
Dec 31, 2022 | 1.45 | — | 1.62 | 0.85 | 2.28 | — |
Dec 31, 2021 | 1.82 | — | 1.86 | 0.69 | 2.51 | — |
Dec 31, 2020 | 2.06 | 10.38 | 2.22 | 0.73 | 3.28 | — |
Dec 31, 2019 | 2.45 | 4.51 | 2.25 | 0.68 | 2.17 | — |
Dec 31, 2018 | 3.19 | 1.74 | 2.56 | 0.72 | 2.23 | — |
Dec 31, 2017 | 3.19 | 0.90 | 2.79 | 0.68 | 3.61 | — |
Dec 31, 2016 | 3.79 | 1.09 | 1.98 | 0.68 | 3.33 | — |
Dec 31, 2015 | 2.43 | 4.49 | 1.73 | 0.55 | 2.79 | — |
Dec 31, 2014 | 1.50 | 4.87 | 1.38 | 0.60 | 1.66 | — |
Dec 31, 2013 | 1.22 | 3.52 | 1.12 | 0.53 | 1.22 | — |
Dec 31, 2012 | 1.84 | 4.38 | 0.99 | 0.60 | 1.27 | — |
Dec 31, 2011 | 2.22 | 3.72 | 0.90 | 0.76 | 1.30 | 80.98 |
Dec 31, 2010 | 2.03 | 2.35 | 0.76 | 0.80 | 1.18 | 4.71 |
Dec 31, 2009 | 2.14 | 2.94 | 0.48 | 0.73 | 0.47 | 2.70 |
Dec 31, 2008 | 6.31 | 2.64 | 0.45 | 0.91 | 0.68 | 1.59 |
Dec 31, 2007 | 3.60 | 0.60 | 0.43 | 0.77 | 0.24 | — |
Dec 31, 2006 | 3.06 | 0.47 | 0.27 | 0.36 | 0.18 | — |
Dec 31, 2005 | 1.73 | 0.67 | 0.35 | 0.36 | 0.37 | — |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Food, Beverage & Tobacco)
Hershey Co. | Food, Beverage & Tobacco | |
---|---|---|
Dec 31, 2022 | 1.45 | 3.10 |
Dec 31, 2021 | 1.82 | 2.85 |
Dec 31, 2020 | 2.06 | 3.32 |
Dec 31, 2019 | 2.45 | 2.74 |
Dec 31, 2018 | 3.19 | 2.55 |
Dec 31, 2017 | 3.19 | 2.66 |
Dec 31, 2016 | 3.79 | 2.40 |
Dec 31, 2015 | 2.43 | 2.44 |
Dec 31, 2014 | 1.50 | 2.00 |
Dec 31, 2013 | 1.22 | 1.46 |
Dec 31, 2012 | 1.84 | 1.35 |
Dec 31, 2011 | 2.22 | 1.25 |
Dec 31, 2010 | 2.03 | 1.09 |
Dec 31, 2009 | 2.14 | 0.86 |
Dec 31, 2008 | 6.31 | 0.88 |
Dec 31, 2007 | 3.60 | 0.54 |
Dec 31, 2006 | 3.06 | 0.36 |
Dec 31, 2005 | 1.73 | 0.47 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Consumer Staples)
Hershey Co. | Consumer Staples | |
---|---|---|
Dec 31, 2022 | 1.45 | 1.22 |
Dec 31, 2021 | 1.82 | 1.21 |
Dec 31, 2020 | 2.06 | 1.37 |
Dec 31, 2019 | 2.45 | 1.28 |
Dec 31, 2018 | 3.19 | 1.16 |
Dec 31, 2017 | 3.19 | 1.18 |
Dec 31, 2016 | 3.79 | 1.09 |
Dec 31, 2015 | 2.43 | 1.05 |
Dec 31, 2014 | 1.50 | 1.01 |
Dec 31, 2013 | 1.22 | 0.91 |
Dec 31, 2012 | 1.84 | 0.88 |
Dec 31, 2011 | 2.22 | 0.84 |
Dec 31, 2010 | 2.03 | 0.77 |
Dec 31, 2009 | 2.14 | 0.73 |
Dec 31, 2008 | 6.31 | 0.71 |
Dec 31, 2007 | 3.60 | 0.56 |
Dec 31, 2006 | 3.06 | 0.52 |
Dec 31, 2005 | 1.73 | 0.60 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).