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Hershey HSY Price / sales

Price / sales at other companies

PepsiCo logo
PepsiCoPEP
2.2×0.0×
Mondelez International logo
Mondelez InternationalMDLZ
1.9×-0.5×
General Mills logo
General MillsGIS
1.3×-0.4×
Church & Dwight logo
Church & DwightCHD
3.6×-0.9×
The Kraft Heinz Company logo
The Kraft Heinz CompanyKHC
1.1×-0.4×
PFG
Performance Food GroupPFGC
0.2×0.0×

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×

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 / sales?
Hershey (HSY) reported price / sales of 3.5× in Q1 2026.
How has Hershey's price / sales changed year-over-year?
Hershey's price / sales increased by 9.1% year-over-year, from 3.2× to 3.5×.
What is the long-term trend for Hershey's price / sales?
Over 4 years (2021 to 2025), Hershey's price / sales has grown at a -6.1% compound annual growth rate (CAGR), from 16.4× to 12.8×.
What does price / sales mean?
How many dollars investors pay for each dollar of the company's annual sales.
How do you interpret price / sales?
Useful when earnings are negative or volatile (e.g. early-stage or cyclical firms). Only comparable across companies with similar margins — a sales dollar is worth more at a high-margin business.
How does price / sales compare across companies?
Best compared within a margin cohort; a software P/S and a retailer P/S are not directly comparable.