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Hershey HSY Current ratio

Current ratio at other companies

PepsiCo logo
PepsiCoPEP
0.9×+0.1×
Mondelez International logo
Mondelez InternationalMDLZ
0.5×-0.1×
General Mills logo
General MillsGIS
0.6×-0.1×
Church & Dwight logo
Church & DwightCHD
1.2×-0.7×
The Kraft Heinz Company logo
The Kraft Heinz CompanyKHC
1.2×-0.1×
PFG
Performance Food GroupPFGC
1.5×-0.1×

Other financials

Income statement

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Revenue$3.1B+10.7%
Gross profit$1.2B+29.5%
Operating income$640.7M+73.5%
Net income$435.1M+94.1%

Balance sheet

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Cash & equivalents$877.0M-42.1%
Total debt$5.3B-8.8%
Total assets$13.8B-0.9%

Cash flow

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Operating cash flow$468.8M+18.2%
CapEx$114.6M-21.3%
Free cash flow$354.2M+41.0%

Valuation

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Market cap$35.56B+21.6%
Enterprise value$39.94B+19.6%
P/E32.5×+14.8×
P/S+0.2×

Profitability

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Gross margin35%-7.4pp
Operating margin14.3%-6.3pp
Net margin9.1%-6.2pp

Returns & leverage

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Return on equity18.9%-31.5pp
Debt / equity1.1×+0.1×

Where this comes from

Calculated from Hershey’s reported figures.

Based on the most recent quarter.

The official record: Hershey’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hershey's current ratio?
Hershey (HSY) reported current ratio of 1.2× in Q1 2026.
How has Hershey's current ratio changed year-over-year?
Hershey's current ratio decreased by 22.2% year-over-year, from 1.6× to 1.2×.
What is the long-term trend for Hershey's current ratio?
Over 4 years (2021 to 2025), Hershey's current ratio has grown at a 1.5% compound annual growth rate (CAGR), from 5.3× to 5.7×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.