TORVANTA
Consumer Staples · S&P 500 · data as of 2026-10-05

HSY stock analysis: Hershey

Hershey (HSY) is an S&P 500 company in Packaged Foods & Meats. It grades weakest on momentum.

The model's view of HSY · subscribers

Where HSY ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with HSY · updated 2026-10-05 · from prices and SEC filings

HSY price performance

HSY against the S&P 500, one year
+0%+20%S&P 500 +18%HSY -10%2025-09-292026-10-05
Year to date-9.5%S&P 500 +14.5% · behind by 24.1 pts
1 year-15.0%S&P 500 +17.0% · behind by 32.0 pts
3 years-9.9%S&P 500 +89.3% · behind by 99.2 pts
5 years+4.7%S&P 500 +91.3% · behind by 86.6 pts

Total returns with dividends reinvested.

HSY factor grades

Each grade compares HSY with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

–Value
B+GrowthRevenue growth +8% (industry +4%)
BProfitabilityOperating margin 17.8% (industry 6.9%)ROIC 18.7% (industry 4.6%)
D+Momentum12-month change -15%From 52-wk high -31%

HSY in plain numbers

HSY key statistics

SectorConsumer Staples
IndustryPackaged Foods & Meats
IndexS&P 500
Market valuen/a
Revenue growth (y/y)+8%
Free-cash-flow yieldn/a
Dividend yield3.6%
Next earnings (expected)2026-10-29
Valuation measures
Financial highlights
Revenue, last 12 months$12.2B
Net income, last 12 months$1.5B
Gross margin38.4%
Operating margin17.8%
Net margin12.2%
Return on equity32.8%
Return on invested capital18.7%
Cash$791.2M
Total debt$5.2B
Debt / equity1.14x
Free cash flow, last 12 months$2.2B
Interest cover9.5x
Current ratio1.18x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

HSY earnings trends

Revenue vs earnings
$0$795.4M$1.6B$2.4B$3.2BSep 2024 Revenue: $3.0BDec 2024 Revenue: $2.9BMar 2025 Revenue: $2.8BJun 2025 Revenue: $2.6BSep 2025 Revenue: $3.2BDec 2025 Revenue: $3.1BMar 2026 Revenue: $3.1BJun 2026 Revenue: $2.8BSep 2024 Net income: $446.3MDec 2024 Net income: $796.6MMar 2025 Net income: $224.2MJun 2025 Net income: $62.7MSep 2025 Net income: $276.3MDec 2025 Net income: $320.0MMar 2026 Net income: $435.1MJun 2026 Net income: $457.7MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 14.9%Net margin: 27.6%Net margin: 8.0%Net margin: 2.4%Net margin: 8.7%Net margin: 10.4%Net margin: 14.0%Net margin: 16.4%0%14%28%■ Revenue ■ Net income ━ Net margin

From the company's 10-Q and 10-K filings with the SEC.

Hershey financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$9.0B$10.4B$11.2B$11.2B$11.7B
Net income$1.5B$1.6B$1.9B$2.2B$883.3M
Free cash flow$1.6B$1.8B$1.6B$1.9B$1.8B

HSY earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-30n/an/a+7%-7.2%
2026-04-30n/an/a+11%-4.9%
2026-03-31n/an/a+11%-8.7%
2026-02-05n/an/a+7%+11.9%
2025-10-30n/an/a+6%-2.4%
2025-07-30n/an/a+26%+0.4%

About Hershey

HeadquartersHershey, PA
Industry (SEC code)Sugar & Confectionery Products
Fiscal year endsDecember 31
Incorporated inDE
Listed onNYSE
FormerlyHERSHEY FOODS CORP

From the company's SEC registration record.

Companies similar to HSY

CompanyMarket valueP/ERevenue growthOperating margin12-month change
HSY Hersheyn/an/a+8%17.8%-15%
GIS General Mills$16.9Bn/a-5%4.8%-33%compare
HRL Hormel$11.1B31.9x+1%4.7%-14%compare
KHC Kraft Heinz$25.9Bn/a-2%-12.8%-11%compare
MDLZ Mondelez$75.1B29.0x+8%9.4%-3%
MKC McCormick$12.3B7.6x+10%14.9%-32%
SJM JM Smucker$12.4B54.3x+5%9.0%+12%

All Consumer Staples stock ratings

Frequently asked questions

Is HSY stock a buy?

Torvanta does not tell individuals what to buy. Its grades for HSY are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

When does HSY report earnings next?

Based on its filing history, Torvanta expects Hershey to report around 2026-10-29.

Does HSY pay a dividend?

Yes. Its dividend yield is about 3.6%.

How has HSY performed against the S&P 500?

Over the past year HSY returned -15.0%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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