Skip to content

Hershey HSY Return on invested capital

Return on invested capital at other companies

PepsiCo logo
PepsiCoPEP
16.1%-1.7pp
Mondelez International logo
Mondelez InternationalMDLZ
10%-2.0pp
General Mills logo
General MillsGIS
12.8%-0.7pp
Church & Dwight logo
Church & DwightCHD
13.9%+3.8pp
The Kraft Heinz Company logo
The Kraft Heinz CompanyKHC
-9.1%-12.1pp
PFG
Performance Food GroupPFGC
4.9%-0.9pp

Other financials

Income statement

See full
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

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

Cash flow

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

Valuation

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

Profitability

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

Returns & leverage

See full
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 trailing twelve months.

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

Ask your AI about Hershey's return on invested capital.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Hershey's return on invested capital?
Hershey (HSY) reported return on invested capital of 11.7% in Q4 2025.
How has Hershey's return on invested capital changed year-over-year?
Hershey's return on invested capital decreased by 64.7% year-over-year, from 33.1% to 11.7%.
What does return on invested capital mean?
The after-tax return the business earns on all the capital — debt and equity — invested in it.
How do you interpret return on invested capital?
The cleanest measure of business quality: ROIC sustained above the cost of capital creates value, below it destroys value. Compare against WACC, not against zero.
How does return on invested capital compare across companies?
Highly comparable across companies as a quality screen. Sector-sensitive definitions of invested capital mean banks/insurers are best excluded.