HERSHEY CO/THE (HSY) Stock Fundamental Analysis

NYSE:HSY • US4278661081

222.58 USD
-3.68 (-1.63%)
At close: Feb 13, 2026
222.58 USD
0 (0%)
After Hours: 2/13/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Taking everything into account, HSY scores 5 out of 10 in our fundamental rating. HSY was compared to 88 industry peers in the Food Products industry. While HSY has a great profitability rating, there are some minor concerns on its financial health. HSY is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year HSY was profitable.
  • HSY had a positive operating cash flow in the past year.
  • In the past 5 years HSY has always been profitable.
  • Of the past 5 years HSY 4 years had a positive operating cash flow.
HSY Yearly Net Income VS EBIT VS OCF VS FCFHSY Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

1.2 Ratios

  • HSY's Return On Assets of 10.01% is amongst the best of the industry. HSY outperforms 93.18% of its industry peers.
  • HSY has a Return On Equity of 29.79%. This is amongst the best in the industry. HSY outperforms 97.73% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 15.26%, HSY belongs to the top of the industry, outperforming 93.18% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for HSY is significantly below the industry average of 27.73%.
Industry RankSector Rank
ROA 10.01%
ROE 29.79%
ROIC 15.26%
ROA(3y)13.08%
ROA(5y)13.69%
ROE(3y)37.19%
ROE(5y)43%
ROIC(3y)18.51%
ROIC(5y)19.28%
HSY Yearly ROA, ROE, ROICHSY Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

1.3 Margins

  • With an excellent Profit Margin value of 11.84%, HSY belongs to the best of the industry, outperforming 94.32% of the companies in the same industry.
  • In the last couple of years the Profit Margin of HSY has declined.
  • HSY has a Operating Margin of 17.27%. This is amongst the best in the industry. HSY outperforms 96.59% of its industry peers.
  • In the last couple of years the Operating Margin of HSY has declined.
  • With an excellent Gross Margin value of 37.74%, HSY belongs to the best of the industry, outperforming 84.09% of the companies in the same industry.
  • In the last couple of years the Gross Margin of HSY has declined.
Industry RankSector Rank
OM 17.27%
PM (TTM) 11.84%
GM 37.74%
OM growth 3Y-16.84%
OM growth 5Y-10.98%
PM growth 3Y-21.78%
PM growth 5Y-13.6%
GM growth 3Y-8.07%
GM growth 5Y-5.89%
HSY Yearly Profit, Operating, Gross MarginsHSY Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so HSY is creating value.
  • The number of shares outstanding for HSY remains at a similar level compared to 1 year ago.
  • Compared to 5 years ago, HSY has less shares outstanding
  • The debt/assets ratio for HSY has been reduced compared to a year ago.
HSY Yearly Shares OutstandingHSY Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
HSY Yearly Total Debt VS Total AssetsHSY Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.2 Solvency

  • HSY has an Altman-Z score of 5.05. This indicates that HSY is financially healthy and has little risk of bankruptcy at the moment.
  • HSY's Altman-Z score of 5.05 is amongst the best of the industry. HSY outperforms 87.50% of its industry peers.
  • HSY has a debt to FCF ratio of 3.05. This is a good value and a sign of high solvency as HSY would need 3.05 years to pay back of all of its debts.
  • The Debt to FCF ratio of HSY (3.05) is better than 82.95% of its industry peers.
  • HSY has a Debt/Equity ratio of 1.07. This is a high value indicating a heavy dependency on external financing.
  • The Debt to Equity ratio of HSY (1.07) is worse than 71.59% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.07
Debt/FCF 3.05
Altman-Z 5.05
ROIC/WACC1.87
WACC8.18%
HSY Yearly LT Debt VS Equity VS FCFHSY Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.3 Liquidity

  • A Current Ratio of 1.36 indicates that HSY should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.36, HSY is in line with its industry, outperforming 40.91% of the companies in the same industry.
  • HSY has a Quick Ratio of 1.36. This is a bad value and indicates that HSY is not financially healthy enough and could expect problems in meeting its short term obligations.
  • HSY has a Quick ratio (0.83) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 1.36
Quick Ratio 0.83
HSY Yearly Current Assets VS Current LiabilitesHSY Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • The earnings per share for HSY have decreased strongly by -32.66% in the last year.
  • HSY shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.06% yearly.
  • Looking at the last year, HSY shows a small growth in Revenue. The Revenue has grown by 4.38% in the last year.
  • Measured over the past years, HSY shows a small growth in Revenue. The Revenue has been growing by 7.49% on average per year.
EPS 1Y (TTM)-32.66%
EPS 3Y-9.52%
EPS 5Y0.06%
EPS Q2Q%-36.43%
Revenue 1Y (TTM)4.38%
Revenue growth 3Y3.92%
Revenue growth 5Y7.49%
Sales Q2Q%7.05%

3.2 Future

  • Based on estimates for the next years, HSY will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.05% on average per year.
  • Based on estimates for the next years, HSY will show a small growth in Revenue. The Revenue will grow by 3.58% on average per year.
EPS Next Y14.4%
EPS Next 2Y15.84%
EPS Next 3Y12.12%
EPS Next 5Y14.05%
Revenue Next Year3.68%
Revenue Next 2Y3.27%
Revenue Next 3Y3.13%
Revenue Next 5Y3.58%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
HSY Yearly Revenue VS EstimatesHSY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B
HSY Yearly EPS VS EstimatesHSY Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6 8 10

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • HSY is valuated quite expensively with a Price/Earnings ratio of 35.27.
  • HSY's Price/Earnings is on the same level as the industry average.
  • HSY is valuated rather expensively when we compare the Price/Earnings ratio to 27.97, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 30.83, the valuation of HSY can be described as expensive.
  • HSY's Price/Forward Earnings is on the same level as the industry average.
  • HSY is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 27.96, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 35.27
Fwd PE 30.83
HSY Price Earnings VS Forward Price EarningsHSY Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • HSY's Enterprise Value to EBITDA ratio is in line with the industry average.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of HSY is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 25.53
EV/EBITDA 20.13
HSY Per share dataHSY EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40 50

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • The decent profitability rating of HSY may justify a higher PE ratio.
  • HSY's earnings are expected to grow with 12.12% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.45
PEG (5Y)555.39
EPS Next 2Y15.84%
EPS Next 3Y12.12%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 2.52%, HSY has a reasonable but not impressive dividend return.
  • HSY's Dividend Yield is a higher than the industry average which is at 2.24.
  • Compared to an average S&P500 Dividend Yield of 1.79, HSY pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.52%

5.2 History

  • The dividend of HSY is nicely growing with an annual growth rate of 12.83%!
  • HSY has paid a dividend for at least 10 years, which is a reliable track record.
  • HSY has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)12.83%
Div Incr Years15
Div Non Decr Years34
HSY Yearly Dividends per shareHSY Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3 4 5

5.3 Sustainability

  • 79.75% of the earnings are spent on dividend by HSY. This is not a sustainable payout ratio.
  • The dividend of HSY is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP79.75%
EPS Next 2Y15.84%
EPS Next 3Y12.12%
HSY Yearly Income VS Free CF VS DividendHSY Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B
HSY Dividend Payout.HSY Dividend Payout, showing the Payout Ratio.HSY Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

HERSHEY CO/THE

NYSE:HSY (2/13/2026, 8:04:00 PM)

After market: 222.58 0 (0%)

222.58

-3.68 (-1.63%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)02-05
Earnings (Next)04-29
Inst Owners89.13%
Inst Owner Change-0.72%
Ins Owners0.19%
Ins Owner Change1.09%
Market Cap45.14B
Revenue(TTM)11.69B
Net Income(TTM)1.36B
Analysts67.59
Price Target201.58 (-9.43%)
Short Float %6.58%
Short Ratio6.03
Dividend
Industry RankSector Rank
Dividend Yield 2.52%
Yearly Dividend5.33
Dividend Growth(5Y)12.83%
DP79.75%
Div Incr Years15
Div Non Decr Years34
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.61%
Min EPS beat(2)20.39%
Max EPS beat(2)20.83%
EPS beat(4)4
Avg EPS beat(4)14.92%
Min EPS beat(4)6.26%
Max EPS beat(4)20.83%
EPS beat(8)6
Avg EPS beat(8)6.32%
EPS beat(12)10
Avg EPS beat(12)6.89%
EPS beat(16)14
Avg EPS beat(16)7.08%
Revenue beat(2)2
Avg Revenue beat(2)1.9%
Min Revenue beat(2)1.19%
Max Revenue beat(2)2.62%
Revenue beat(4)3
Avg Revenue beat(4)0.97%
Min Revenue beat(4)-0.59%
Max Revenue beat(4)2.62%
Revenue beat(8)4
Avg Revenue beat(8)-1.28%
Revenue beat(12)7
Avg Revenue beat(12)-0.53%
Revenue beat(16)11
Avg Revenue beat(16)1.12%
PT rev (1m)3.37%
PT rev (3m)3.44%
EPS NQ rev (1m)0.84%
EPS NQ rev (3m)0.02%
EPS NY rev (1m)0.17%
EPS NY rev (3m)0.51%
Revenue NQ rev (1m)0.33%
Revenue NQ rev (3m)0.37%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)0.33%
Valuation
Industry RankSector Rank
PE 35.27
Fwd PE 30.83
P/S 3.93
P/FCF 25.53
P/OCF 19.69
P/B 9.89
P/tB N/A
EV/EBITDA 20.13
EPS(TTM)6.31
EY2.83%
EPS(NY)7.22
Fwd EY3.24%
FCF(TTM)8.72
FCFY3.92%
OCF(TTM)11.3
OCFY5.08%
SpS56.66
BVpS22.51
TBVpS-1.9
PEG (NY)2.45
PEG (5Y)555.39
Graham Number56.53
Profitability
Industry RankSector Rank
ROA 10.01%
ROE 29.79%
ROCE 19.16%
ROIC 15.26%
ROICexc 17.14%
ROICexgc 36.2%
OM 17.27%
PM (TTM) 11.84%
GM 37.74%
FCFM 15.39%
ROA(3y)13.08%
ROA(5y)13.69%
ROE(3y)37.19%
ROE(5y)43%
ROIC(3y)18.51%
ROIC(5y)19.28%
ROICexc(3y)19.75%
ROICexc(5y)20.42%
ROICexgc(3y)41.99%
ROICexgc(5y)46.66%
ROCE(3y)24.96%
ROCE(5y)26.07%
ROICexgc growth 3Y-24.55%
ROICexgc growth 5Y-13.81%
ROICexc growth 3Y-20.09%
ROICexc growth 5Y-13.17%
OM growth 3Y-16.84%
OM growth 5Y-10.98%
PM growth 3Y-21.78%
PM growth 5Y-13.6%
GM growth 3Y-8.07%
GM growth 5Y-5.89%
F-Score4
Asset Turnover0.85
Health
Industry RankSector Rank
Debt/Equity 1.07
Debt/FCF 3.05
Debt/EBITDA 1.97
Cap/Depr 105.99%
Cap/Sales 4.57%
Interest Coverage 9.57
Cash Conversion 92.48%
Profit Quality 130%
Current Ratio 1.36
Quick Ratio 0.83
Altman-Z 5.05
F-Score4
WACC8.18%
ROIC/WACC1.87
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-32.66%
EPS 3Y-9.52%
EPS 5Y0.06%
EPS Q2Q%-36.43%
EPS Next Y14.4%
EPS Next 2Y15.84%
EPS Next 3Y12.12%
EPS Next 5Y14.05%
Revenue 1Y (TTM)4.38%
Revenue growth 3Y3.92%
Revenue growth 5Y7.49%
Sales Q2Q%7.05%
Revenue Next Year3.68%
Revenue Next 2Y3.27%
Revenue Next 3Y3.13%
Revenue Next 5Y3.58%
EBIT growth 1Y-21.53%
EBIT growth 3Y-13.58%
EBIT growth 5Y-4.32%
EBIT Next Year45.3%
EBIT Next 3Y18.13%
EBIT Next 5Y15.77%
FCF growth 1Y6.9%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-2.35%
OCF growth 3YN/A
OCF growth 5YN/A

HERSHEY CO/THE / HSY FAQ

What is the fundamental rating for HSY stock?

ChartMill assigns a fundamental rating of 5 / 10 to HSY.


Can you provide the valuation status for HERSHEY CO/THE?

ChartMill assigns a valuation rating of 2 / 10 to HERSHEY CO/THE (HSY). This can be considered as Overvalued.


What is the profitability of HSY stock?

HERSHEY CO/THE (HSY) has a profitability rating of 7 / 10.


Can you provide the PE and PB ratios for HSY stock?

The Price/Earnings (PE) ratio for HERSHEY CO/THE (HSY) is 35.27 and the Price/Book (PB) ratio is 9.89.


Can you provide the expected EPS growth for HSY stock?

The Earnings per Share (EPS) of HERSHEY CO/THE (HSY) is expected to grow by 14.4% in the next year.