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Hershey Company

Exchange: NYSESector: Consumer DefensiveIndustry: Confectioners

The Hershey Company is an industry leading snacks company known for making more moments of goodness through its iconic brands, remarkable people and enduring commitment to doing the right thing for its people, planet, and communities. Hershey has more than 20,000 employees in the U.S. and worldwide who work daily to deliver delicious, high-quality products. The company has more than 90 brand names in approximately 80 countries that drive more than $11.2 billion in annual revenues, including Hershey's, Reese's, Kisses, KIT KAT®, Jolly Rancher, Twizzlers, and Ice Breakers, and salty snacks including SkinnyPop, Pirate's Booty and Dot's Homestyle Pretzels. For over 130 years, Hershey has been committed to operating fairly, ethically and sustainably. The candy and snack maker's founder, Milton Hershey, created Milton Hershey School in 1909, and since then, the company has focused on helping children succeed through equitable access to education.

Did you know?

Free cash flow has been growing at 3.9% annually.

Current Price

$182.34

-1.83%

GoodMoat Value

$127.08

30.3% overvalued
Profile
Valuation (TTM)
Market Cap$36.96B
P/E33.78
EV$48.11B
P/B7.97
Shares Out202.69M
P/Sales3.08
Revenue$11.99B
EV/EBITDA18.87

Hershey Company (HSY) Company Profile

GoodMoat Analysis

Based on data as of March 26, 2026

Hershey is a dominant confectionery brand with a strong moat, but its current valuation appears extremely high relative to its modest growth and profitability. Key risks include a premium price and potential margin pressure.

Read full analysis
The Hershey Company is a leading manufacturer of chocolate and sugar confectionery products, selling iconic brands like Hershey's, Reese's, and Kit Kat in the U.S. Its customers are primarily consumers through mass retail and grocery channels. The company's primary moat is its powerful brand and cultural relevance (Section 1, Criterion 6), which drives customer loyalty and provides significant pricing power (Criterion 13). However, applying the GoodMoat framework, it likely scores low on other moat criteria like network effects or proprietary technology, relying heavily on this single advantage. For a value investor, the key concern is valuation. The stock trades at a P/E of 49.8, which is exceptionally high for a company with 7.0% revenue growth and a 7.6% profit margin. The GoodMoat Target of $144.79 suggests the market price may lack a margin of safety. A red flag from Section 5 is 'Extreme Valuation' (Criterion 4), as the multiple is far above norms for a slow-growth consumer staple. The debt-to-equity ratio of 1.17 also indicates a leveraged balance sheet, which is a risk in a high-interest rate environment. While the durable brand and 2.47% dividend yield are attractive, the investment case hinges on whether the premium price is justified by future earnings acceleration, which current fundamentals do not clearly support. Analysis based on data as of 2024-05-15.

HSY Company Information

The Hershey Company is an industry leading snacks company known for making more moments of goodness through its iconic brands, remarkable people and enduring commitment to doing the right thing for its people, planet, and communities.

Hershey has more than 20,000 employees in the U. S. and worldwide who work daily to deliver delicious, high-quality products.

The company has more than 90 brand names in approximately 80 countries that drive more than $11.

2 billion in annual revenues, including Hershey's, Reese's, Kisses, KIT KAT®, Jolly Rancher, Twizzlers, and Ice Breakers, and salty snacks including SkinnyPop, Pirate's Booty and Dot's Homestyle Pretzels.

For over 130 years, Hershey has been committed to operating fairly, ethically and sustainably.

The candy and snack maker's founder, Milton Hershey, created Milton Hershey School in 1909, and since then, the company has focused on helping children succeed through equitable access to education.

Sector

Consumer Defensive

Industry

Confectioners

Exchange

NYSE

Country

Pennsylvania, USA

HSY Key Officers

Key officers data coming soon

HSY Company Profile

Hershey Company (HSY) is a Consumer Defensive company in the Confectioners industry. It trades on NYSE. The company is based in Pennsylvania, USA.

The Hershey Company is an industry leading snacks company known for making more moments of goodness through its iconic brands, remarkable people and enduring commitment to doing the right thing for its people, planet, and communities. Hershey has more than 20,000 employees in the U.S. and worldwide who work daily to deliver delicious, high-quality products. The company has more than 90 brand names in approximately 80 countries that drive more than $11.2 billion in annual revenues, including Hershey's, Reese's, Kisses, KIT KAT®, Jolly Rancher, Twizzlers, and Ice Breakers, and salty snacks including SkinnyPop, Pirate's Booty and Dot's Homestyle Pretzels. For over 130 years, Hershey has been committed to operating fairly, ethically and sustainably. The candy and snack maker's founder, Milton Hershey, created Milton Hershey School in 1909, and since then, the company has focused on helping children succeed through equitable access to education.

Market cap is $36.96B. There are 202.7M shares outstanding. Dividend yield is 2.94%.

See the full Hershey Company profile on GoodMoat. It covers key officers, financial metrics, and sector details. You can also use GoodMoat's DCF calculator, fair value models, and quality score to help decide if HSY is a good investment.