Hershey Company
Research Hershey Company (HSY) on Bullrun: valuation model: 8.4% overvalued, market cap USD 37.61B, P/E 27.3, dividend yield 3.2%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerHSY
- ExchangeNYSE
- CountryUnited States
- SectorConsumer Defensive
- IndustryConfectioners
- CurrencyUSD
- Valuation signal8.4% overvalued
- Market capUSD 37.61B
- P/E27.3
- Dividend yield3.2%
- Financial periodQ2 2026
- RevenueUSD 2.79B
- Net incomeUSD 457.67M
- Free cash flowUSD 329.49M
- Gross margin45.3%
Valuation Snapshot
Bullrun's latest valuation model marks Hershey Company as 8.4% overvalued; latest market cap is USD 37.61B; P/E is 27.3; dividend yield is 3.2%.
Peer valuation comparison
Latest P/E is 27.35x versus a Consumer Defensive sector median of 17.41x (57.1% above).
Latest dividend yield is 3.16% versus a Consumer Defensive sector median of 3.04% (3.9% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 11.69B | USD 883.26M | USD 1.82B | 33.5% | 4.34 | USD 925.86M | USD 5.18B | USD 4.64B |
| FY2024 | USD 11.20B | USD 2.22B | USD 1.93B | 47.3% | 10.9 | USD 730.75M | USD 3.80B | USD 4.71B |
| FY2023 | USD 11.16B | USD 1.86B | USD 1.55B | 44.8% | n/a | USD 401.90M | USD 4.09B | USD 4.10B |
| FY2022 | USD 10.42B | USD 1.64B | USD 1.81B | 43.2% | n/a | USD 463.89M | USD 4.10B | USD 3.30B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 37.61B | 27.3 | 3.1% | 5.73 |
| 2025 | 2025-12-31 | USD 36.91B | 41.8 | 3.0% | 5.48 |
| 2024 | 2024-12-31 | USD 34.27B | 15.5 | 3.2% | 5.48 |
| 2023 | 2023-12-29 | USD 38.13B | 20.1 | 2.4% | 4.46 |
| 2022 | 2022-12-30 | USD 47.49B | 30.2 | 1.7% | 3.88 |
| 2021 | 2021-12-31 | USD 39.88B | 27.2 | 1.8% | 3.4 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 5.73 USD, yield 3.2%.
| Year | Dividends/share |
|---|---|
| FY2025 | 5.48 USD |
| FY2024 | 5.48 USD |
| FY2023 | 4.46 USD |
| FY2022 | 3.88 USD |
About Hershey Company
The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. It operates through three segments: North America Confectionery, North America Salty Snacks, and International. The company offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; protein bars;
Related stock research
Other Consumer Defensive stocks
Frequently asked questions
Is Hershey Company overvalued or undervalued?
Bullrun's valuation model currently marks Hershey Company as 8.4% overvalued.
What is Hershey Company's market cap?
Hershey Company's market capitalization is USD 37.61B.
What is Hershey Company's P/E ratio?
Hershey Company's price-to-earnings (P/E) ratio is 27.3.
Does Hershey Company pay a dividend?
Hershey Company has a dividend yield of 3.2%.
What does Hershey Company do?
The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. It operates through three segments: North America Confectionery, North America Salty Snacks, and International.