Hershey Co
Hershey Co (HSY) is listed on NYSE and classified in Confectioners, part of the Consumer Defensive sector. It is headquartered in Hershey, United States and has 17,550 employees. The company is worth $35.29B and trades at 24.0x its earnings of the last twelve months; the median for its sector is 18.2x. Revenue was $11.69B in fiscal 2025, up 4.4% from the year before. Net income was $883.26M. The share price is 26.7% below its 52-week high of $239.48. It pays a dividend yielding 3.31%. 7 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Ken Griffin (Citadel Advisors), at $63.98M. In that quarter, 6 of them reduced the position. Over the last 30 days, company insiders sold $34.49M of its stock on the open market and bought none. All of those sales were scheduled in advance under 10b5-1 plans.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -3.8% over 5Y.
today you would have $1,105.02▲ +10.5%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 19 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $181.98 | $169.35 | $186.44 | $231.57 | $193.47 | $152.33 | $146.98 | $107.18 | $113.51 | $103.43 | $89.27 | $103.93 | $97.23 | $72.22 | $61.78 | $47.15 | $35.79 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 3.3% dividend yield. Growth capped at 25%.
Median P/E of 18.2 among peers in the sector.
Median P/E of 25.0 across this company’s own years on record.
Cash flow growing 5.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 11.4x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 5.5% a year against a 7.0% required return, from the stock’s beta.
Companies of similar size in Consumer Defensive, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| KMBKimberly Clark Corp | $112.32 | 21.0x | 21.3x | 4.56% | 104.91% | $37.35B |
| KVUEKenvue Inc. | $19.88 | 22.1x | 3.6x | 4.23% | 15.58% | $38.18B |
| ADMArcher-Daniels-Midland Co | $79.84 | 21.8x | 1.6x | 2.61% | 7.64% | $38.48B |
| ELEstee Lauder Companies Inc | $107.72 |
| $34.74 |
| $39.40 |
| P/E | 25.0x | — | — | — | — | — | — | — | — | — | — | — | 27.6x | 26.9x | 25.0x | 22.6x | 21.3x | 0.0x | 25.4x | — |
| P/S | 3.1x | 3.2x | 3.1x | 3.4x | 4.6x | 4.4x | 3.9x | 3.8x | 2.9x | 3.2x | 3.0x | 2.6x | 3.1x | 3.0x | 2.4x | 2.3x | 1.9x | 1.5x | 1.5x | — |
| P/B | 15.0x | 8.0x | 7.3x | 9.3x | 14.4x | 14.5x | 14.2x | 17.6x | 16.1x | 26.1x | 27.9x | 19.4x | 15.8x | 13.6x | 15.6x | 16.3x | 11.9x | 11.3x | 24.8x | — |
| EPS | — | — | — | — | — | — | — | — | — | — | — | $3.77 | $3.61 | $2.89 | $2.74 | $2.21 | $1,903.95 | $1.37 | — |
| Dividend yield | 2.32% | 3.01% | 3.24% | 2.39% | 1.67% | 1.76% | 2.07% | 2.03% | 2.57% | 2.24% | 2.32% | 2.50% | 1.96% | 1.86% | 2.16% | 2.23% | 2.71% | 3.33% | 3.43% | 2.88% |
| Payout | 53.89% | — | — | — | — | — | — | — | — | — | — | — | 54.16% | 50.12% | 53.89% | 50.45% | 57.83% | 0.06% | 87.08% | — |
| Profit margin | 10.42% | 7.55% | 19.83% | 16.68% | 15.79% | 16.47% | 15.69% | 14.40% | 15.11% | 10.42% | 9.68% | 6.94% | 11.41% | 11.48% | 9.95% | 10.34% | 8.99% | 8.23% | 6.07% | 4.33% |
| ROE | 57.23% | 19.05% | 47.11% | 45.42% | 49.85% | 53.59% | 57.23% | 66.10% | 84.19% | 85.54% | 91.63% | 51.40% | 58.20% | 51.12% | 63.75% | 73.36% | 56.50% | 60.52% | 97.86% | 34.35% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
7 methods answered, across 4 families.
Room for errors in the reported numbers.
-0.6% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 207.2x |
| 10.2x |
| 1.30% |
| 4.75% |
| $39.03B |
| KRKroger Co | $67.87 | 37.7x | 6.9x | 2.30% | 14.44% | $40.08B |
| DGDollar General Corp | $139.11 | 18.1x | 3.3x | 1.70% | 19.69% | $30.69B |