Hershey Company (The)
HSY stock analysis · Consumer Staples · Packaged Foods & Meats
As of · fund-implied per-share value
Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.
View SEC fund filing ↗Class B converts share-for-share but has lower dividend participation: Jun quarter common1.452 versus B1.320. Need explicit as-converted proxy or separate class earnings/economic claims; simple identical-common declaration is incorrect. Balance sheet issued counts also need treasury subtraction.
DCF value
Requires positive annual FCF, usable shares and discount rate above terminal growth.
How this is calculated ↗Reverse DCF
A dated price is available, but an unambiguous issuer share count is missing or the share-class capital structure needs review.
How this is calculated ↗Relative valuation
Requires market caps for at least five comparable profitable issuers.
How this is calculated ↗Historical multiples
Requires three annual historical market caps and eligible filed earnings.
How this is calculated ↗Free cash flow yield
A dated price is available, but an unambiguous issuer share count is missing or the share-class capital structure needs review.
How this is calculated ↗ROIC / quality
Normalized tax · financing-capital proxy · parent-equity fallback (scope limitation)
How this is calculated ↗Value composite
Requires three valuation yields and at least five covered sector peers.
How this is calculated ↗12–1 price momentum
Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.
How this is calculated ↗Asset growth
Annual basis · read assumptions below
How this is calculated ↗Net payout yield
A dated price is available, but an unambiguous issuer share count is missing or the share-class capital structure needs review.
How this is calculated ↗Accrual quality
Parent-earnings fallback versus consolidated cash flow · scope limitation
How this is calculated ↗Fundamental momentum
Annual basis · read assumptions below
How this is calculated ↗Follow the cash
ANNUAL · USDOperating cash flow and reinvestment over time
Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.
Make the assumptions yours
How sensitive is the valuation?
| Return / Growth | 3.0% | 5.0% | 7.0% |
|---|---|---|---|
| 8.0% | — | — | — |
| 10.0% | — | — | — |
| 12.0% | — | — | — |
Annual financial history
Open SEC filings ↗| Fiscal year-end | Revenue | Net income | Operating cash flow | Capital expenditure | Assets |
|---|---|---|---|---|---|
| 2025-12-31 | 11.7B | 883.3M | 2.3B | 454.6M | 13.7B |
| 2024-12-31 | 11.2B | 2.2B | 2.5B | 605.9M | 12.9B |
| 2023-12-31 | 11.2B | 1.9B | 2.3B | 771.1M | 11.9B |
| 2022-12-31 | 10.4B | 1.6B | 2.3B | 519.5M | 10.9B |
| 2021-12-31 | 9B | 1.5B | 2.1B | 495.9M | 10.4B |
| 2020-12-31 | 8.1B | 1.3B | 1.7B | 441.6M | 9.1B |
| 2019-12-31 | 8B | 1.1B | 1.8B | 318.2M | 8.1B |
| 2018-12-31 | 7.8B | 1.2B | 1.6B | 328.6M | 7.7B |
USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.
Trace the inputs
MODEL ANNUAL PERIOD| Input | Value | SEC tag / source | Filed |
|---|---|---|---|
| revenue | 11.7B | RevenueFromContractWithCustomerExcludingAssessedTax | 2026-02-17 |
| netIncome | 883.3M | NetIncomeLoss Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income. | 2026-02-17 |
| Parent/common earnings proxy | 883.3M | NetIncomeLoss | 2026-02-17 |
| cfo | 2.3B | NetCashProvidedByUsedInOperatingActivities | 2026-02-17 |
| capex | 454.6M | PaymentsToAcquirePropertyPlantAndEquipment | 2026-02-17 |
| operatingIncome | 1.4B | OperatingIncomeLoss | 2026-02-17 |
| assets | 13.7B | Assets | 2026-02-17 |
| equity | 4.6B | StockholdersEquity Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income. | 2026-02-17 |
| Parent book equity proxy | 4.6B | StockholdersEquity | 2026-02-17 |
| debt | 5.2B | LongTermDebtAndCapitalLeaseObligationsCurrent + LongTermDebtAndCapitalLeaseObligations | 2026-02-17 |
| shortDebt | 218.5M | ShortTermBorrowings | 2026-02-17 |
| cash | 925.9M | CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents | 2026-02-17 |
| shares | — | Not reported under a supported tag | — |
| dividends | 1.1B | PaymentsOfDividendsCommonStock | 2026-02-17 |
| buybacks | 0 | PaymentsForRepurchaseOfCommonStock | 2026-02-17 |
| issuance | 21.3M | Reviewed manual correction Bounded FY2025-12-31 consolidated financing-statement extraction. Exercise of stock options: 21297000 USD [us-gaap:ProceedsFromStockOptionsExercised]. All 7 financing lines reconcile exactly to reported financing cash flow -803357000 USD. Cash inflows from common shares, employee plans and option exercises are summed once as displayed on the statement; noncash compensation, withholding payments, preferred and noncontrolling interests are excluded. This review applies only to this issuer and fiscal period. Source limitation: issuance follows the separately reported common cash-inflow lines; it is not an independent verification of every gross equity transaction. | 2026-02-17 |