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The Hershey (HSY) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

The Hershey
NYSE•Consumer Defensive•Confectioners
$168.33-2.46(-0.01%)Pre-market

The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. It operates through three segments: North America Confectionery, North America Salty Snacks, and International. The company offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; protein bars; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels. It provides its products primarily under the Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Payday, Rolo, Twizzlers, Sour Strips, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Dot's Homestyle Pretzels, and ONE Bar brands, as well as under the Pelon Pelo Rico, IO-IO, and Sofit brands. The company markets and sells its products to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores. It exports its products in approximately 65 countries worldwide. The Hershey Company was founded in 1894 and is based in Hershey, Pennsylvania.

B

How this company scores

GoodMetricSide Score: 71.5/100

Strongest: Cash & Earnings Quality (25/25); weakest: Growth (13.5/25).

Profitability19/25
Growth13.5/25
Balance Sheet & Red Flags14/25
Cash & Earnings Quality25/25
Strengths
Rising free cash flowStrong marginsHigh ROECash-backed earnings

No red flags in the last 8 quarters.

Price & Volume

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$12.16B
5Q
Q. Revenue
$2.79B
7%
TTM EBITDA
$2.69B
2Q
TTM Op. Income
$2.16B
2Q
Q. Op. Income
$642.64M
4Q
TTM Net Income
$1.49B
2Q
Q. Net Income
$457.67M
4Q
EPS
N/A
Shares Out.
$0
$12.16B in TTM revenue grew 7.7% YoY, reaching $2.79B last quarter. TTM EBITDA of $2.69B and TTM operating income of $2.16B show growth is flowing through to the bottom line. TTM net income of $1.49B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 5 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
45.3%
4Q
EBITDA Margin
27.9%
4Q
Op. Margin
23.1%
4Q
Net Margin
16.4%
4Q
Op. margin of 23.1% is up 15.7% YoY — cost efficiency is improving. Net margin at 16.4% and gross margin of 45.3% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 4 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
N/A
P/S Ratio
N/A
P/B Ratio
N/A
P/S of 0.0x and P/B of 0.0x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$13.97B
3Q
Cash
$791.21M
3Q
Long-Term Debt
$4.68B
3Q
Book Value
$4.56B
1%
D/E Ratio
1.0
10%
Debt/EBITDA
6.0
4Q
With $13.97B in assets and $4.68B in long-term debt, D/E is 1.0and book value is $4.56B — moderate leverage. Over the past year, debt/equity is down 10% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$419.32M
2Q
TTM Free Cash Flow
$2.23B
2Q
FCF Margin
18.3%
2Q
FCF / Net Income
1.5
2Q
TTM FCF of $2.23B on $419.32M in operating cash flow. The FCF / Net Income ratio of 1.5x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.

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