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Hershey HSY EV / EBITDA

EV / EBITDA at other companies

Tootsie Roll Industries logo
Tootsie Roll IndustriesTR
25×+8.6×
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Hain Celestial GroupHAIN
127.3×
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Mondelez InternationalMDLZ
15.7×+0.7×
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Sow Good Inc.SOWG
53.6×
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Utz BrandsUTZ
13.9×-1.9×
Campbell Soup logo
Campbell SoupCPB
8.6×-3.9×

Other financials

Income statement

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Revenue$2.8B+6.6%
Gross profit$1.3B+58.7%
Operating income$642.6M+233%
Net income$457.7M+630%
EPS (diluted)$2.26+629%

Balance sheet

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Cash & equivalents$791.2M-13.3%
Total debt$5.5B+828%
Total equity$4.6B-1.7%
Total assets$14.0B+2.4%

Cash flow

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Operating cash flow$419.3M+274%
CapEx$89.8M+5.6%
Free cash flow$329.5M+1,115%

Valuation

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Market cap$35.17B-8.9%
Enterprise value$39.88B+4.2%
P/E23.6×-1.6×
P/S2.9×-0.5×

Profitability

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Gross margin38.4%-1.7pp
Operating margin17.8%-0.9pp
Net margin12.2%-1.3pp
FCF margin18.3%+3.7pp

Returns & leverage

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Return on equity18.9%-31.5pp
Debt / equity1.1×+0.8×
Current ratio1.2×-0.3×

Where this comes from

Calculated from Hershey’s reported figures.

Based on the most recent quarter.

The source filing: Hershey’s 10-Q, filed July 30, 2026. Open the filing →

Filed
Jul 30, 2026, 10:32 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050900

FAQ

What is Hershey's EV / EBITDA?
Hershey (HSY) reported EV / EBITDA of 15× in Q2 2026.
How has Hershey's EV / EBITDA changed year-over-year?
Hershey's EV / EBITDA increased by 12.4% year-over-year, from 13.3× to 15×.
What is the long-term trend for Hershey's EV / EBITDA?
Over 5 years (2020 to 2025), Hershey's EV / EBITDA has grown at a 7.6% compound annual growth rate (CAGR), from 14.7× to 21.2×.
What does EV / EBITDA mean?
Enterprise value (market cap plus total debt minus cash) at the quarter end divided by trailing-twelve-month EBITDA. A capital-structure-neutral valuation multiple.

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