The Hershey Company (HSY)
NYSE: HSY · Real-Time Price · USD
186.00
+3.34 (1.83%)
At close: Nov 21, 2025, 4:00 PM EST
185.99
-0.01 (-0.01%)
After-hours: Nov 21, 2025, 7:12 PM EST

Hershey Statistics

Total Valuation

Hershey has a market cap or net worth of $37.72 billion. The enterprise value is $42.30 billion.

Market Cap37.72B
Enterprise Value 42.30B

Important Dates

The last earnings date was Thursday, October 30, 2025, before market open.

Earnings Date Oct 30, 2025
Ex-Dividend Date Nov 17, 2025

Share Statistics

Hershey has 202.79 million shares outstanding. The number of shares has decreased by -0.41% in one year.

Current Share Class 148.17M
Shares Outstanding 202.79M
Shares Change (YoY) -0.41%
Shares Change (QoQ) +0.15%
Owned by Insiders (%) 0.32%
Owned by Institutions (%) 91.59%
Float 90.66M

Valuation Ratios

The trailing PE ratio is 27.80 and the forward PE ratio is 29.76.

PE Ratio 27.80
Forward PE 29.76
PS Ratio 3.28
Forward PS 3.14
PB Ratio 8.26
P/TBV Ratio n/a
P/FCF Ratio 20.48
P/OCF Ratio 16.45
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 17.26, with an EV/FCF ratio of 22.97.

EV / Earnings 31.10
EV / Sales 3.68
EV / EBITDA 17.26
EV / EBIT 21.63
EV / FCF 22.97

Financial Position

The company has a current ratio of 1.36, with a Debt / Equity ratio of 1.26.

Current Ratio 1.36
Quick Ratio 0.66
Debt / Equity 1.26
Debt / EBITDA 2.29
Debt / FCF 3.12
Interest Coverage 9.36

Financial Efficiency

Return on equity (ROE) is 31.01% and return on invested capital (ROIC) is 12.13%.

Return on Equity (ROE) 31.01%
Return on Assets (ROA) 9.33%
Return on Invested Capital (ROIC) 12.13%
Return on Capital Employed (ROCE) 18.89%
Revenue Per Employee $573,594
Profits Per Employee $67,890
Employee Count20,030
Asset Turnover 0.88
Inventory Turnover 4.75

Taxes

In the past 12 months, Hershey has paid $207.90 million in taxes.

Income Tax 207.90M
Effective Tax Rate 13.26%

Stock Price Statistics

The stock price has increased by +6.90% in the last 52 weeks. The beta is 0.19, so Hershey's price volatility has been lower than the market average.

Beta (5Y) 0.19
52-Week Price Change +6.90%
50-Day Moving Average 183.55
200-Day Moving Average 174.35
Relative Strength Index (RSI) 61.07
Average Volume (20 Days) 2,115,835

Short Selling Information

The latest short interest is 7.23 million, so 3.56% of the outstanding shares have been sold short.

Short Interest 7.23M
Short Previous Month 8.24M
Short % of Shares Out 3.56%
Short % of Float 7.97%
Short Ratio (days to cover) 4.37

Income Statement

In the last 12 months, Hershey had revenue of $11.49 billion and earned $1.36 billion in profits. Earnings per share was $6.69.

Revenue11.49B
Gross Profit 4.33B
Operating Income 1.96B
Pretax Income 1.57B
Net Income 1.36B
EBITDA 2.45B
EBIT 1.96B
Earnings Per Share (EPS) $6.69
Full Income Statement

Balance Sheet

The company has $1.16 billion in cash and $5.74 billion in debt, giving a net cash position of -$4.58 billion or -$22.57 per share.

Cash & Cash Equivalents 1.16B
Total Debt 5.74B
Net Cash -4.58B
Net Cash Per Share -$22.57
Equity (Book Value) 4.56B
Book Value Per Share 22.51
Working Capital 1.17B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.29 billion and capital expenditures -$451.06 million, giving a free cash flow of $1.84 billion.

Operating Cash Flow 2.29B
Capital Expenditures -451.06M
Free Cash Flow 1.84B
FCF Per Share $9.08
Full Cash Flow Statement

Margins

Gross margin is 37.73%, with operating and profit margins of 17.02% and 11.84%.

Gross Margin 37.73%
Operating Margin 17.02%
Pretax Margin 13.65%
Profit Margin 11.84%
EBITDA Margin 21.33%
EBIT Margin 17.02%
FCF Margin 16.03%

Dividends & Yields

This stock pays an annual dividend of $5.48, which amounts to a dividend yield of 3.00%.

Dividend Per Share $5.48
Dividend Yield 3.00%
Dividend Growth (YoY) n/a
Years of Dividend Growth 15
Payout Ratio 81.90%
Buyback Yield 0.41%
Shareholder Yield 3.36%
Earnings Yield 3.61%
FCF Yield 4.88%
Dividend Details

Analyst Forecast

The average price target for Hershey is $179.41, which is -3.54% lower than the current price. The consensus rating is "Hold".

Price Target $179.41
Price Target Difference -3.54%
Analyst Consensus Hold
Analyst Count 17
Revenue Growth Forecast (5Y) 3.32%
EPS Growth Forecast (5Y) -1.51%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on June 16, 2004. It was a forward split with a ratio of 2:1.

Last Split Date Jun 16, 2004
Split Type Forward
Split Ratio 2:1

Scores

Hershey has an Altman Z-Score of 4.31 and a Piotroski F-Score of 5.

Altman Z-Score 4.31
Piotroski F-Score 5