The Hershey Company (HSY)
NYSE: HSY · Real-Time Price · USD
190.84
-1.96 (-1.02%)
At close: May 20, 2026, 4:00 PM EDT
190.01
-0.83 (-0.43%)
After-hours: May 20, 2026, 7:55 PM EDT

Hershey Statistics

Total Valuation

Hershey has a market cap or net worth of $38.71 billion. The enterprise value is $43.51 billion.

Market Cap38.71B
Enterprise Value 43.51B

Important Dates

The last earnings date was Thursday, April 30, 2026, before market open.

Earnings Date Apr 30, 2026
Ex-Dividend Date May 15, 2026

Share Statistics

Hershey has 202.84 million shares outstanding. The number of shares has increased by 0.26% in one year.

Current Share Class 148.23M
Shares Outstanding 202.84M
Shares Change (YoY) +0.26%
Shares Change (QoQ) +0.33%
Owned by Insiders (%) 0.25%
Owned by Institutions (%) 90.61%
Float 145.82M

Valuation Ratios

The trailing PE ratio is 35.53 and the forward PE ratio is 21.36. Hershey's PEG ratio is 1.08.

PE Ratio 35.53
Forward PE 21.36
PS Ratio 3.23
Forward PS 3.12
PB Ratio 8.18
P/TBV Ratio n/a
P/FCF Ratio 20.10
P/OCF Ratio 16.48
PEG Ratio 1.08
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 19.25, with an EV/FCF ratio of 22.60.

EV / Earnings 39.77
EV / Sales 3.63
EV / EBITDA 19.25
EV / EBIT 24.96
EV / FCF 22.60

Financial Position

The company has a current ratio of 1.24, with a Debt / Equity ratio of 1.20.

Current Ratio 1.24
Quick Ratio 0.61
Debt / Equity 1.20
Debt / EBITDA 2.44
Debt / FCF 2.95
Interest Coverage 7.62

Financial Efficiency

Return on equity (ROE) is 23.23% and return on invested capital (ROIC) is 13.55%.

Return on Equity (ROE) 23.23%
Return on Assets (ROA) 7.84%
Return on Invested Capital (ROIC) 13.55%
Return on Capital Employed (ROCE) 16.14%
Weighted Average Cost of Capital (WACC) 4.41%
Revenue Per Employee $611,958
Profits Per Employee $55,839
Employee Count19,595
Asset Turnover 0.86
Inventory Turnover 5.38

Taxes

In the past 12 months, Hershey has paid $389.09 million in taxes.

Income Tax 389.09M
Effective Tax Rate 26.23%

Stock Price Statistics

The stock price has increased by +21.90% in the last 52 weeks. The beta is 0.07, so Hershey's price volatility has been lower than the market average.

Beta (5Y) 0.07
52-Week Price Change +21.90%
50-Day Moving Average 199.44
200-Day Moving Average 193.57
Relative Strength Index (RSI) 47.80
Average Volume (20 Days) 2,000,854

Short Selling Information

The latest short interest is 8.92 million, so 4.40% of the outstanding shares have been sold short.

Short Interest 8.92M
Short Previous Month 8.66M
Short % of Shares Out 4.40%
Short % of Float 6.12%
Short Ratio (days to cover) 4.47

Income Statement

In the last 12 months, Hershey had revenue of $11.99 billion and earned $1.09 billion in profits. Earnings per share was $5.37.

Revenue11.99B
Gross Profit 4.20B
Operating Income 1.74B
Pretax Income 1.48B
Net Income 1.09B
EBITDA 2.26B
EBIT 1.74B
Earnings Per Share (EPS) $5.37
Full Income Statement

Balance Sheet

The company has $876.98 million in cash and $5.68 billion in debt, with a net cash position of -$4.80 billion or -$23.68 per share.

Cash & Cash Equivalents 876.98M
Total Debt 5.68B
Net Cash -4.80B
Net Cash Per Share -$23.68
Equity (Book Value) 4.73B
Book Value Per Share 23.34
Working Capital 728.74M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.35 billion and capital expenditures -$423.69 million, giving a free cash flow of $1.93 billion.

Operating Cash Flow 2.35B
Capital Expenditures -423.69M
Depreciation & Amortization 517.14M
Net Borrowing -588.69M
Free Cash Flow 1.93B
FCF Per Share $9.49
Full Cash Flow Statement

Margins

Gross margin is 35.03%, with operating and profit margins of 14.54% and 9.12%.

Gross Margin 35.03%
Operating Margin 14.54%
Pretax Margin 12.37%
Profit Margin 9.12%
EBITDA Margin 18.85%
EBIT Margin 14.54%
FCF Margin 16.06%

Dividends & Yields

This stock pays an annual dividend of $5.81, which amounts to a dividend yield of 3.04%.

Dividend Per Share $5.81
Dividend Yield 3.04%
Dividend Growth (YoY) 2.99%
Years of Dividend Growth n/a
Payout Ratio 105.07%
Buyback Yield -0.26%
Shareholder Yield 2.79%
Earnings Yield 2.83%
FCF Yield 4.97%
Dividend Details

Analyst Forecast

The average price target for Hershey is $216.96, which is 13.69% higher than the current price. The consensus rating is "Hold".

Price Target $216.96
Price Target Difference 13.69%
Analyst Consensus Hold
Analyst Count 25
Revenue Growth Forecast (5Y) 3.86%
EPS Growth Forecast (5Y) 15.53%
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 4.38 and a Piotroski F-Score of 6.

Altman Z-Score 4.38
Piotroski F-Score 6