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Hershey HSY Price / earnings

Price / earnings at other companies

PepsiCo logo
PepsiCoPEP
24.3×+2.4×
Mondelez International logo
Mondelez InternationalMDLZ
28.3×+3.9×
General Mills logo
General MillsGIS
10.9×-2.2×
Church & Dwight logo
Church & DwightCHD
30.2×-16.7×
The Kraft Heinz Company logo
The Kraft Heinz CompanyKHC
13.7×-2.2×
PFG
Performance Food GroupPFGC
41×+8.2×

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/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×
Current ratio1.2×-0.4×

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 price / earnings?
Hershey (HSY) reported price / earnings of 38.5× in Q1 2026.
How has Hershey's price / earnings changed year-over-year?
Hershey's price / earnings increased by 83.2% year-over-year, from 21× to 38.5×.
What is the long-term trend for Hershey's price / earnings?
Over 4 years (2021 to 2025), Hershey's price / earnings has grown at a 3.3% compound annual growth rate (CAGR), from 99.5× to 113.5×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.