Hershey Co Financials

HSY

Source SEC Filings (10-K/10-Q) Updated Sep 28, 2025 Currency USD FYE December

Financial Health Signals

Financial Profile 70/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

100

Hershey Co has an operating margin of 25.9%, meaning the company retains $26 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is up from 22.9% the prior year.

Growth

Hershey Co's revenue grew a modest 0.3% year-over-year to $11.2B. This slow but positive growth earns a score of 30/100.

Leverage

Hershey Co carries a low D/E ratio of 0.68, meaning only $0.68 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 86/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Hershey Co's current ratio of 0.96 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 18/100, which could limit financial flexibility.

Cash Flow

Hershey Co converts 17.2% of revenue into free cash flow ($1.9B). This strong cash generation earns a score of 86/100.

Returns

100

Hershey Co earns a strong 47.1% return on equity (ROE), meaning it generates $47 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100. This is up from 45.4% the prior year.

Altman Z-Score Safe

5.49

Hershey Co scores 5.49, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($45.1B) relative to total liabilities ($8.2B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Strong

7/9

Hershey Co passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.14x

For every $1 of reported earnings, Hershey Co generates $1.14 in operating cash flow ($2.5B OCF vs $2.2B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

16.6x

Hershey Co earns $16.6 in operating income for every $1 of interest expense ($2.9B vs $174.3M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

This page shows Hershey Co (HSY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

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Key Financial Metrics

Revenue

$11.2B

YoY+0.3%

5Y CAGR+7.0%

10Y CAGR+4.2%

Hershey Co generated $11.2B in revenue in fiscal year 2024. This represents an increase of 0.3% from the prior year.

EBITDA

$3.4B

YoY+12.5%

5Y CAGR+12.2%

10Y CAGR+7.7%

Hershey Co's EBITDA was $3.4B in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 12.5% from the prior year.

Free Cash Flow

$1.9B

YoY+24.1%

5Y CAGR+5.9%

10Y CAGR+15.1%

Hershey Co generated $1.9B in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 24.1% from the prior year.

Net Income

$2.2B

YoY+19.3%

5Y CAGR+14.1%

10Y CAGR+10.1%

Hershey Co reported $2.2B in net income in fiscal year 2024. This represents an increase of 19.3% from the prior year.

EPS (Diluted)

N/A

Cash & Debt

$730.7M

YoY+81.8%

5Y CAGR+8.2%

10Y CAGR+6.9%

Hershey Co held $730.7M in cash against $3.2B in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

202M

YoY-1.0%

5Y CAGR-0.6%

10Y CAGR-0.9%

Hershey Co had 202M shares outstanding in fiscal year 2024. This represents a decrease of 1.0% from the prior year.

Gross Margin

47.3%

YoY+2.6pp

5Y CAGR+2.0pp

10Y CAGR+2.4pp

Hershey Co's gross margin was 47.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 2.6 percentage points from the prior year.

Operating Margin

25.9%

YoY+2.9pp

5Y CAGR+5.9pp

10Y CAGR+7.1pp

Hershey Co's operating margin was 25.9% in fiscal year 2024, reflecting core business profitability. This is up 2.9 percentage points from the prior year.

Net Margin

19.8%

YoY+3.1pp

5Y CAGR+5.4pp

10Y CAGR+8.4pp

Hershey Co's net profit margin was 19.8% in fiscal year 2024, showing the share of revenue converted to profit. This is up 3.1 percentage points from the prior year.

Return on Equity

47.1%

YoY+1.7pp

5Y CAGR-19.0pp

10Y CAGR-11.1pp

Hershey Co's ROE was 47.1% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 1.7 percentage points from the prior year.

R&D Spending

$55.8M

YoY+11.5%

5Y CAGR+8.5%

10Y CAGR+1.6%

Hershey Co invested $55.8M in research and development in fiscal year 2024. This represents an increase of 11.5% from the prior year.

Share Buybacks

$494.2M

YoY+86.5%

5Y CAGR-1.3%

10Y CAGR-1.5%

Hershey Co spent $494.2M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 86.5% from the prior year.

Capital Expenditures

$605.9M

YoY-21.4%

5Y CAGR+13.7%

10Y CAGR+5.0%

Hershey Co invested $605.9M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 21.4% from the prior year.

HSY Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$11.2B+0.3%	$11.2B+7.2%	$10.4B+16.1%	$9.0B+10.1%	$8.1B+2.0%	$8.0B
Cost of Revenue	$5.9B-4.3%	$6.2B+4.2%	$5.9B+20.3%	$4.9B+10.7%	$4.4B+1.9%	$4.4B
Gross Profit	$5.3B+6.1%	$5.0B+11.1%	$4.5B+11.1%	$4.0B+9.4%	$3.7B+2.2%	$3.6B
R&D Expenses	$55.8M+11.5%	$50.0M+6.6%	$46.9M+17.0%	$40.1M+6.7%	$37.6M+1.2%	$37.1M
SG&A Expenses	$2.4B-2.6%	$2.4B+9.0%	$2.2B+11.7%	$2.0B+5.8%	$1.9B-0.8%	$1.9B
Operating Income	$2.9B+13.2%	$2.6B+13.3%	$2.3B+10.6%	$2.0B+14.6%	$1.8B+11.7%	$1.6B
Interest Expense	$174.3M+7.9%	$161.5M+15.3%	$140.1M+7.9%	$129.8M-15.4%	$153.5M+0.9%	$152.1M
Income Tax	$252.7M-18.5%	$310.1M+13.9%	$272.3M-13.4%	$314.4M+43.2%	$219.6M-6.2%	$234.0M
Net Income	$2.2B+19.3%	$1.9B+13.2%	$1.6B+11.3%	$1.5B+15.5%	$1.3B+11.2%	$1.1B
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$3.2B+21.7%	$2.6B-6.8%	$2.8B-2.8%	$2.9B+39.2%	$2.1B-36.2%	$3.3B+22.4%	$2.7B-12.3%	$3.0B
Cost of Revenue	$2.1B+17.9%	$1.8B-2.3%	$1.9B+40.0%	$1.3B+7.1%	$1.2B-21.3%	$1.6B+2.8%	$1.5B-8.1%	$1.7B
Gross Profit	$1.0B+30.3%	$796.3M-15.7%	$944.3M-39.4%	$1.6B+86.9%	$833.7M-50.3%	$1.7B+49.2%	$1.1B-17.4%	$1.4B
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$600.5M-0.4%	$603.2M+8.0%	$558.7M-10.3%	$622.7M+15.1%	$541.0M-12.5%	$618.0M-6.2%	$658.8M+5.5%	$624.3M
Operating Income	$434.6M+125.4%	$192.8M-47.8%	$369.2M-60.7%	$939.1M+226.3%	$287.8M-72.8%	$1.1B+127.9%	$464.3M-36.9%	$735.9M
Interest Expense	$59.2M+3.4%	$57.3M+13.2%	$50.6M+21.0%	$41.8M-5.6%	$44.3M+6.5%	$41.6M+3.9%	$40.1M-4.3%	$41.8M
Income Tax	$95.6M+10.6%	$86.4M-13.1%	$99.5M+235.2%	-$73.5M-213.2%	$65.0M-65.6%	$188.8M+742.9%	-$29.4M-121.8%	$134.8M
Net Income	$276.3M+340.6%	$62.7M-72.0%	$224.2M-71.9%	$796.6M+340.4%	$180.9M-77.3%	$797.5M+128.5%	$349.0M-32.7%	$518.6M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

HSY Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$12.9B+8.8%	$11.9B+8.7%	$10.9B+5.2%	$10.4B+14.0%	$9.1B+12.2%	$8.1B
Current Assets	$3.8B+29.1%	$2.9B+11.1%	$2.6B+16.7%	$2.2B-24.6%	$3.0B+40.7%	$2.1B
Cash & Equivalents	$730.7M+81.8%	$401.9M-13.4%	$463.9M+40.9%	$329.3M-71.2%	$1.1B+131.9%	$493.3M
Inventory	$1.3B-6.5%	$1.3B+14.3%	$1.2B+18.7%	$988.5M+2.5%	$964.2M+18.3%	$815.3M
Accounts Receivable	$800.4M-2.8%	$823.6M+15.8%	$711.2M+5.9%	$671.5M+9.1%	$615.2M+8.2%	$568.5M
Goodwill	$2.7B+0.4%	$2.7B+3.4%	$2.6B-1.0%	$2.6B+32.4%	$2.0B+0.1%	$2.0B
Total Liabilities	$8.2B+5.5%	$7.8B+2.0%	$7.6B-0.1%	$7.7B+11.0%	$6.9B+7.8%	$6.4B
Current Liabilities	$3.9B+30.6%	$3.0B-7.6%	$3.3B+30.6%	$2.5B+31.8%	$1.9B-5.8%	$2.0B
Long-Term Debt	$3.2B-15.8%	$3.8B+13.3%	$3.3B-18.2%	$4.1B-0.1%	$4.1B+15.8%	$3.5B
Total Equity	$4.7B+15.0%	$4.1B+24.2%	$3.3B+19.7%	$2.8B+23.4%	$2.2B+28.5%	$1.7B
Retained Earnings	$5.7B+24.9%	$4.6B+27.1%	$3.6B+32.0%	$2.7B+41.0%	$1.9B+49.5%	$1.3B

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$13.6B-0.5%	$13.6B-2.3%	$14.0B+7.9%	$12.9B+4.3%	$12.4B+0.2%	$12.4B+4.1%	$11.9B-0.3%	$11.9B
Current Assets	$4.4B-0.6%	$4.4B-7.9%	$4.8B+27.8%	$3.8B+12.7%	$3.3B-1.5%	$3.4B+16.3%	$2.9B-8.7%	$3.2B
Cash & Equivalents	$1.2B+27.5%	$912.3M-39.8%	$1.5B+107.4%	$730.7M+56.5%	$467.1M-10.3%	$520.4M+29.5%	$401.9M-14.7%	$471.3M
Inventory	$1.7B-7.3%	$1.8B+25.6%	$1.5B+17.0%	$1.3B-14.1%	$1.5B+28.3%	$1.1B-15.1%	$1.3B-0.5%	$1.3B
Accounts Receivable	$966.4M+17.8%	$820.2M-6.8%	$879.6M+9.9%	$800.4M-5.4%	$846.4M-29.8%	$1.2B+46.4%	$823.6M-27.0%	$1.1B
Goodwill	$2.7B-0.1%	$2.7B+0.2%	$2.7B+0.1%	$2.7B+0.5%	$2.7B-0.1%	$2.7B-0.1%	$2.7B+0.1%	$2.7B
Total Liabilities	$9.0B-1.3%	$9.1B-1.6%	$9.3B+12.8%	$8.2B-2.1%	$8.4B+1.5%	$8.3B+6.1%	$7.8B-2.1%	$8.0B
Current Liabilities	$3.2B+11.6%	$2.9B-4.1%	$3.0B-23.2%	$3.9B+1.1%	$3.9B+11.4%	$3.5B+16.0%	$3.0B+2.4%	$2.9B
Long-Term Debt	$4.7B-9.6%	$5.2B0.0%	$5.2B+62.3%	$3.2B-8.6%	$3.5B-7.9%	$3.8B0.0%	$3.8B-7.3%	$4.1B
Total Equity	$4.6B+1.1%	$4.5B-3.6%	$4.7B-0.6%	$4.7B+17.6%	$4.0B-2.4%	$4.1B+0.2%	$4.1B+3.3%	$4.0B
Retained Earnings	$5.4B+0.1%	$5.4B-3.7%	$5.7B-0.8%	$5.7B+14.0%	$5.0B-1.8%	$5.1B+11.5%	$4.6B+2.5%	$4.5B

HSY Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$2.5B+9.0%	$2.3B-0.2%	$2.3B+11.8%	$2.1B+22.5%	$1.7B-3.6%	$1.8B
Capital Expenditures	$605.9M-21.4%	$771.1M+48.4%	$519.5M+4.8%	$495.9M+12.3%	$441.6M+38.8%	$318.2M
Free Cash Flow	$1.9B+24.1%	$1.6B-14.2%	$1.8B+13.9%	$1.6B+26.2%	$1.3B-13.0%	$1.4B
Investing Cash Flow	-$960.3M+19.9%	-$1.2B-52.2%	-$787.4M+64.6%	-$2.2B-318.4%	-$531.3M+31.9%	-$780.5M
Financing Cash Flow	-$1.3B-12.9%	-$1.1B+18.9%	-$1.4B-107.8%	-$681.1M-36.4%	-$499.2M+53.8%	-$1.1B
Dividends Paid	$1.1B+22.0%	$889.1M+14.7%	$775.0M+13.0%	$686.0M+7.1%	$640.7M+5.0%	$610.3M
Share Buybacks	$494.2M+86.5%	$264.9M-31.9%	$389.0M-15.1%	$457.9M+116.8%	$211.2M-59.9%	$527.2M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$841.9M+650.3%	$112.2M-71.7%	$396.7M-57.9%	$941.6M+189.2%	$325.6M-42.8%	$569.1M-24.9%	$757.6M+46.9%	$515.7M
Capital Expenditures	$85.9M+1.0%	$85.1M-41.5%	$145.5M+8.2%	$134.5M+3.4%	$130.2M-39.0%	$213.3M-4.1%	$222.5M+2.0%	$218.1M
Free Cash Flow	$756.0M+2686.8%	$27.1M-89.2%	$251.2M-68.9%	$807.1M+312.9%	$195.5M-45.1%	$355.8M-33.5%	$535.1M+79.8%	$297.6M
Investing Cash Flow	-$80.4M+48.1%	-$154.8M-5.3%	-$147.0M+64.2%	-$411.0M-153.4%	-$162.2M+28.7%	-$227.6M+50.9%	-$463.1M-111.0%	-$219.5M
Financing Cash Flow	-$514.0M+8.2%	-$559.6M-204.2%	$537.1M+219.5%	-$449.5M-94.4%	-$231.2M-4.3%	-$221.7M+39.1%	-$363.9M-31.0%	-$277.7M
Dividends Paid	$271.1M0.0%	$271.2M-0.1%	$271.6M+0.4%	$270.5M0.0%	$270.5M-1.1%	$273.4M+15.0%	$237.8M0.0%	$237.7M
Share Buybacks	$0	$0	$0	$0	$0-100.0%	$494.2M+1876.5%	$25.0M	$0

HSY Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	47.3%+2.6pp	44.8%+1.6pp	43.2%-1.9pp	45.1%-0.3pp	45.4%+0.1pp	45.4%
Operating Margin	25.9%+2.9pp	22.9%+1.2pp	21.7%-1.1pp	22.8%+0.9pp	21.9%+1.9pp	20.0%
Net Margin	19.8%+3.1pp	16.7%+0.9pp	15.8%-0.7pp	16.5%+0.8pp	15.7%+1.3pp	14.4%
Return on Equity	47.1%+1.7pp	45.4%-4.4pp	49.9%-3.7pp	53.6%-3.6pp	57.2%-8.9pp	66.1%
Return on Assets	17.2%+1.5pp	15.6%+0.6pp	15.0%+0.8pp	14.2%+0.2pp	14.0%-0.1pp	14.1%
Current Ratio	0.96-0.0	0.97+0.2	0.80-0.1	0.90-0.7	1.57+0.5	1.05
Debt-to-Equity	0.68-0.2	0.92-0.1	1.01-0.5	1.48-0.3	1.83-0.2	2.03
FCF Margin	17.2%+3.3pp	13.9%-3.5pp	17.4%-0.3pp	17.7%+2.2pp	15.4%-2.7pp	18.1%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	32.6%+2.2pp	30.4%-3.2pp	33.7%-20.3pp	54.0%+13.8pp	40.2%-11.3pp	51.5%+9.3pp	42.3%-2.6pp	44.9%
Operating Margin	13.7%+6.3pp	7.4%-5.8pp	13.2%-19.4pp	32.5%+18.6pp	13.9%-18.7pp	32.5%+15.1pp	17.5%-6.8pp	24.3%
Net Margin	8.7%+6.3pp	2.4%-5.6pp	8.0%-19.6pp	27.6%+18.9pp	8.7%-15.8pp	24.5%+11.4pp	13.1%-4.0pp	17.1%
Return on Equity	6.0%+4.7pp	1.4%-3.4pp	4.8%-12.1pp	16.9%+12.4pp	4.5%-14.9pp	19.4%+10.9pp	8.5%-4.6pp	13.1%
Return on Assets	2.0%+1.6pp	0.5%-1.1pp	1.6%-4.5pp	6.2%+4.7pp	1.5%-5.0pp	6.4%+3.5pp	2.9%-1.4pp	4.3%
Current Ratio	1.36-0.2	1.53-0.1	1.59+0.6	0.96+0.1	0.86-0.1	0.970.0	0.97-0.1	1.09
Debt-to-Equity	1.02-0.1	1.15+0.0	1.11+0.4	0.68-0.2	0.87-0.1	0.920.0	0.92-0.1	1.03
FCF Margin	23.8%+22.7pp	1.0%-7.9pp	8.9%-19.0pp	28.0%+18.5pp	9.4%-1.5pp	10.9%-9.2pp	20.1%+10.3pp	9.8%

Note: The current ratio is below 1.0 (0.96), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Hershey Co's annual revenue?

Hershey Co (HSY) reported $11.2B in total revenue for fiscal year 2024. This represents a 0.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Hershey Co's revenue growing?

Hershey Co (HSY) revenue grew by 0.3% year-over-year, from $11.2B to $11.2B in fiscal year 2024.

Is Hershey Co profitable?

Yes, Hershey Co (HSY) reported a net income of $2.2B in fiscal year 2024, with a net profit margin of 19.8%.

What is Hershey Co's EBITDA?

Hershey Co (HSY) had EBITDA of $3.4B in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Hershey Co have?

As of fiscal year 2024, Hershey Co (HSY) had $730.7M in cash and equivalents against $3.2B in long-term debt.

What is Hershey Co's gross margin?

Hershey Co (HSY) had a gross margin of 47.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Hershey Co's operating margin?

Hershey Co (HSY) had an operating margin of 25.9% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Hershey Co's net profit margin?

Hershey Co (HSY) had a net profit margin of 19.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Hershey Co's return on equity (ROE)?

Hershey Co (HSY) has a return on equity of 47.1% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Hershey Co's free cash flow?

Hershey Co (HSY) generated $1.9B in free cash flow during fiscal year 2024. This represents a 24.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Hershey Co's operating cash flow?

Hershey Co (HSY) generated $2.5B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Hershey Co's total assets?

Hershey Co (HSY) had $12.9B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Hershey Co's capital expenditures?

Hershey Co (HSY) invested $605.9M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does Hershey Co spend on research and development?

Hershey Co (HSY) invested $55.8M in research and development during fiscal year 2024.

Does Hershey Co buy back shares?

Yes, Hershey Co (HSY) spent $494.2M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Hershey Co have outstanding?

Hershey Co (HSY) had 202M shares outstanding as of fiscal year 2024.

What is Hershey Co's current ratio?

Hershey Co (HSY) had a current ratio of 0.96 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Hershey Co's debt-to-equity ratio?

Hershey Co (HSY) had a debt-to-equity ratio of 0.68 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Hershey Co's return on assets (ROA)?

Hershey Co (HSY) had a return on assets of 17.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Hershey Co's Altman Z-Score?

Hershey Co (HSY) has an Altman Z-Score of 5.49, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Hershey Co's Piotroski F-Score?

Hershey Co (HSY) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Hershey Co's earnings high quality?

Hershey Co (HSY) has an earnings quality ratio of 1.14x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Hershey Co cover its interest payments?

Hershey Co (HSY) has an interest coverage ratio of 16.6x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Hershey Co?

Hershey Co (HSY) scores 70 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.