Hershey Company (The)

HSY Consumer Defensive Confectioners

Hershey Company (The)’s revenue for fiscal 2025 (year ended December 2025) was $11.7 billion, up 4.38% from fiscal 2024. In the quarter to June 2026, revenue grew 6.60%, EPS grew 869.2%, free cash flow grew 809.1% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, revenue growth for ten; insiders bought in the last twelve months.

170.74 2.06 +1.22%
Market cap
$33.9B
P/E
18.9×
Fwd P/E
23.0×
Dividend yield
3.35%
F-score
5/9
Altman Z
4.24
Beneish M
−2.79
Dividend safety
57/100

Hershey Company (The) (HSY) Debt to equity

Alert me on Debt to equity

Hershey Company (The)'s debt to equity at the end of the quarter to 30 June 2026 was 1.2×, up 0.1× from fiscal 2025 (1.2×). Over the past ten years it has ranged from 1.1× (fiscal 2024) to 3.6× (fiscal 2016); the current reading is higher than 18% of that period. That is above the Confectioners industry median of 0.7× and above the Consumer Defensive sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 1.2× 7.68%
FY2024 1.1× (7.85%)
FY2023 1.2× (19.12%)
FY2022 1.5× (20.38%)
FY2021 1.8× (11.32%)
FY2020 2.1× (15.88%)
FY2019 2.4× (22.81%)
FY2018 3.2× 1.04%
FY2017 3.1× (12.93%)
FY2016 3.6× 55.82%

Quarterly newest first

Period Debt to equity Change
Jun 2026 1.2× 8.65%
Mar 2026 1.1× (2.87%)
Dec 2025 1.2× (1.40%)
Sep 2025 1.2× (5.48%)
42 more quarters

Against its own ten years

Low 1.1× High 3.6×
Ten-year median 2.1×
Current reading's percentile 18

Debt to equity against peers

Company Debt to equity
SOWG Sow Good Inc. compare 0.0×
TR Tootsie Roll Industries, Inc. compare 0.0×
MDLZ Mondelez International, Inc. compare 0.7×
HSY Hershey Company (The) 1.2×
RMCF Rocky Mountain Chocolate Factory, Inc. compare 1.6×
Confectioners industry median 0.7×
Consumer Defensive sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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