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Hershey HSY Free cash flow yield

Free cash flow yield at other companies

PepsiCo logo
PepsiCoPEP
4.2%+0.6pp
Mondelez International logo
Mondelez InternationalMDLZ
3.5%-0.3pp
General Mills logo
General MillsGIS
6.8%-0.6pp
Hormel Foods logo
Hormel FoodsHRL
5.9%
McCormick & Company, Incorporated logo
McCormick & Company, IncorporatedMKC
3.6%+0.7pp
The Kraft Heinz Company logo
The Kraft Heinz CompanyKHC
14.8%+6.1pp

Other financials

Income statement

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Revenue$3.1B+10.6%
Gross profit$1.2B+29.5%
Operating income$640.7M+73.5%
Net income$435.1M+94.1%
EPS (diluted)$2.13+93.6%

Balance sheet

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Cash & equivalents$877.0M-42.1%
Total debt$568.8M-2.3%
Total equity$4.6B-1.7%
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$35.02B+21.6%
Enterprise value$34.71B+24.1%
P/E32×+14.5×
P/S2.9×+0.2×

Profitability

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Gross margin35%-7.4pp
Operating margin14.3%-6.3pp
Net margin9.1%-6.2pp
FCF margin16.1%-0.9pp

Returns & leverage

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Return on equity18.9%-31.5pp
Debt / equity0.1×-0.2×
Current ratio1.2×-0.4×

Where this comes from

Calculated from Hershey’s reported figures.

Based on trailing twelve months.

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 free cash flow yield?
Hershey (HSY) reported free cash flow yield of 4.6% in Q1 2026.
How has Hershey's free cash flow yield changed year-over-year?
Hershey's free cash flow yield decreased by 13.0% year-over-year, from 5.3% to 4.6%.
What is the long-term trend for Hershey's free cash flow yield?
Over 5 years (2020 to 2025), Hershey's free cash flow yield has grown at a 4.3% compound annual growth rate (CAGR), from 4% to 4.9%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.