ARRT vs HSY vs GIS Stock Comparison

Artisan Consumer Goods, Hershey and General Mills Prices as of Oct 23, 2026 Peers: Industry group
HSY Hershey Co
$168.21 +1.1% 1M -6.2% 1Y
Market cap
$33.21B
P/E
22.3x
Revenue (TTM)
$12.16B
Div. yield
0.03%
Snacks and Confectionery Consumer Staples
7 wins
GIS General Mills Inc
$33.69 +0.1% 1M -28.9% 1Y
Market cap
$17.98B
P/E
–
Revenue (TTM)
$18.30B
Div. yield
0.07%
Packaged Foods Consumer Staples
2 wins

Head to Head

11 decided of 12

Hershey leads on 7 of the 12 questions below (Hershey 7, General Mills 2, Artisan Consumer Goods 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionARRTHSYGISLeader
Larger companyMarket capitalisation $1.41M $33.21B $17.98B HSY
Cheaper on earningsLower P/E, profitable companies only -38.2x 22.3x -20.1x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 18.9x 10.6x GIS
Faster revenue growthRevenue growth, trailing twelve months — +7.7% -4.5% HSY
More profitableNet margin, trailing twelve months — 12.2% -4.9% HSY
Better return on capitalReturn on invested capital — 16.5% -1.0% HSY
Less leveragedLower net debt / EBITDA — 1.8x 37.7x HSY
Higher dividend yieldTrailing dividend yield — 0.03% 0.07% GIS
Better 1-year returnPrice return, last 12 months +88.2% -6.2% -28.9% ARRT
Better 5-year returnAnnualised price return, 5 years +9.9%/yr -1.3%/yr -11.3%/yr ARRT
Less volatileAnnualised volatility, 1 year 264.9% 27.8% 30.3% HSY
Higher overall scoreMean of the five percentile scores vs peers 36/100 64/100 31/100 HSY

Percentile Scorecard

ARRTHSYGIS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisARRTHSYGIS
Valuation 23 #35 of 45 41 #27 of 45 39 #28 of 45
Growth 85 #7 of 42 61 #17 of 42 2 #41 of 42
Profitability – 100 #1 of 40 44 #23 of 40
Financial Health 0 #47 of 47 59 #20 of 47 17 #39 of 47
Shareholder Returns – 62 #12 of 31 53 #15 of 31
Overall 36 64 31
  • ARRT ranked among 48 companies in Branded Foods
  • HSY ranked among 48 companies in Branded Foods
  • GIS ranked among 48 companies in Branded Foods

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodARRTHSYGISSPY
1 month -20.0%+1.1%+0.1% -0.8%
3 months +52.4%-6.7%-8.0% +3.5%
6 months +88.2%-9.8%-3.0% +7.0%
Year to date +77.8%-7.6%-27.5% +12.2%
1 year +88.2%-6.2%-28.9% +13.0%
3 years +166.7%-8.6%-48.4% +86.3%
3 years, per year +38.7%-3.0%-19.8% +23.1%
5 years +60.0%-6.3%-45.0% +68.6%
5 years, per year +9.9%-1.3%-11.3% +11.0%
10 years —+74.9%-44.6% +258.0%
10 years, per year —+5.8%-5.7% +13.6%

Risk

MeasureARRTHSYGISSPY
Volatility, 1Y 264.9%27.8%30.3% 12.7%
Downside volatility, 1Y 618.3%27.0%31.0% 12.7%
Beta vs S&P 500, 1Y -0.37-0.20-0.38 1.00
Return / volatility, 1Y 0.33-0.22-0.96 1.02
Max drawdown, 5Y -92.6%-47.6%-65.1% -25.4%
From 52-week high -86.1%-28.8%-31.3% -1.8%
52-week high $2.30$236.28$49.01 $779.14
52-week low $0.17$157.59$31.66 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleARRTHSYGIS
P/E now vs peer median -38.2xmedian 20.5x 22.8xmedian 20.5x -20.2xmedian 20.5x
P/S now vs peer median —median 0.8x 2.8xmedian 0.8x 1.0xmedian 0.8x
EV/EBITDA now vs peer median -38.0xmedian 12.3x 14.4xmedian 12.3x 89.2xmedian 12.3x
P/FCF now vs peer median -83.1xmedian 14.0x 15.3xmedian 14.0x 11.7xmedian 14.0x
P/B now vs peer median -3.9xmedian 1.4x 7.5xmedian 1.4x 2.4xmedian 1.4x
PEG now vs peer median -7.83median 0.42 -4.14median 0.42 0.60median 0.42

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsARRTHSYGIS
Revenue – $12.16B $18.30B
Gross profit – $4.67B $6.15B
Operating income -$37.00K $2.16B -$206.40M
Net income -$36.86K $1.49B -$893.70M
Free cash flow -$16.94K $2.23B $1.55B
EPS (diluted) $-0.01 $5.79 $-1.66
Cash & equivalents $563.00 $791.21M $433.10M
Total debt – $5.61B $55.73B
Shares (diluted) 4.40M 257.36M 537.90M
Enterprise value $1.40M $29.45B $15.62B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricARRTHSYGIS
P/E -38.2x 22.8x -20.2x
P/FCF -83.1x 15.3x 11.7x
P/Operating cash flow -83.1x 12.8x 8.7x
P/S – 2.8x 1.0x
P/B -3.9x 7.5x 2.4x
P/Tangible book -3.9x 15.9x 23.9x
EV/EBITDA -38.0x 14.4x 89.2x
EV/EBIT -38.0x 18.0x -151.1x
EV/Revenue – 3.2x 1.7x
EV/FCF -83.1x 17.4x 20.2x
EV/Operating cash flow -83.1x 14.6x 15.1x
PEG (3Y EPS CAGR) -7.83 -4.14 0.60

Growth

14 metrics
MetricARRTHSYGIS
Revenue growth (1Y) – 7.7% -4.5%
Revenue CAGR (3Y) – 3.9% -3.4%
Gross profit growth (1Y) – 3.0% -6.5%
Gross profit CAGR (3Y) – -0.7% -3.6%
Operating income growth (1Y) 26.0% 2.3% -104.9%
Operating income CAGR (3Y) 4.8% -4.0% -27.3%
Net income growth (1Y) 27.3% -2.7% -130.6%
Net income CAGR (3Y) 4.9% -5.9% -33.2%
EPS growth (1Y) 27.3% -2.5% -130.9%
EPS CAGR (3Y) 4.9% -5.5% -33.9%
Operating cash flow growth (1Y) 69.4% 23.8% -23.2%
Operating cash flow CAGR (3Y) 22.2% 5.5% -9.3%
Free cash flow growth (1Y) 69.4% 34.8% -26.3%
Free cash flow CAGR (3Y) 22.2% 10.4% -8.6%

Profitability

14 metrics
MetricARRTHSYGIS
Gross margin – 38.4% 33.6%
EBITDA margin – 22.1% 1.9%
Operating margin – 17.8% -1.1%
Pretax margin – 15.8% -3.8%
Net margin – 12.2% -4.9%
FCF margin – 18.3% 8.5%
Operating cash flow margin – 21.8% 11.3%
Return on equity – 32.0% -12.0%
Return on assets -564.2% 10.7% -3.0%
Return on invested capital – 16.5% -1.0%
Return on capital employed – 20.5% -0.9%
Asset turnover – 0.9x 0.6x
Cash conversion (OCF / net income) 0.5x 1.8x -2.3x
Stock comp / revenue – 0.6% 0.5%

Financial Health

11 metrics
MetricARRTHSYGIS
Debt / assets – 40.2% 45.0%
Debt / equity – 1.2x 1.8x
Net debt / EBITDA – 1.8x 37.7x
Debt / FCF – 2.5x 8.8x
Liabilities / assets 3,871% 67.3% 75.3%
Equity / assets -3,771% 32.7% 24.7%
Interest coverage – – –
Current ratio 0.0x 1.2x 0.7x
Quick ratio 0.0x 0.5x 0.3x
Cash ratio 0.0x 0.2x 0.1x
Altman Z-score – 4.18 1.93

Shareholder Returns

7 metrics
MetricARRTHSYGIS
Dividend yield – 3.4% 7.2%
Net buyback yield – 1.2% –
Shareholder yield – 4.6% 7.2%
Payout ratio (earnings) – 75.0% -147.1%
Payout ratio (FCF) – 50.1% 85.0%
Dividend growth (1Y) – 3.1% –
Dividend CAGR (3Y) – 10.5% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusARRTHSYGIS
Forward P/E – 18.9xFY2026 10.6xFY2026
EPS, next fiscal year – $8.92FY2026 $3.19FY2026
EPS growth, next FY – +41.4%FY2026 -10.1%FY2026
EPS growth, the year after – +18.0% -4.7%
Revenue, next fiscal year – $12.55BFY2026 $18.94BFY2026
Revenue growth, next FY – +7.4%FY2026 +2.8%FY2026
Revenue growth, the year after – +6.1% -11.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersARRTHSYGIS
Held by institutions – 64.3% 87.2%
Institutions holding – 1,413 1,331
Change in shares held, QoQ – +4.5% +3.7%
Institutions buying – 662 724
Institutions selling – 506 427
Buyers to sellers – 1.31 1.70

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ARRTHSYGIS
ARRT 1.00 -0.13 -0.03
HSY -0.13 1.00 0.47
GIS -0.03 0.47 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ARRT, HSY and GIS?

Hershey (HSY) is the largest by market capitalisation: Artisan Consumer Goods (ARRT) $1.41M, Hershey (HSY) $33.21B, General Mills (GIS) $17.98B.

Which company is growing faster?

Hershey (HSY) grew revenue fastest over the trailing twelve months: Hershey (HSY) +7.7%, General Mills (GIS) -4.5%.

Which company is more profitable?

Hershey (HSY) has the highest net margin (Hershey (HSY) 12.2%, General Mills (GIS) -4.9%). On return on invested capital, Hershey (HSY) leads (Hershey (HSY) 16.5%, General Mills (GIS) -1.0%).

Which stock has performed better?

Over the past year Artisan Consumer Goods (ARRT) returned the most: Artisan Consumer Goods (ARRT) +88.2%, Hershey (HSY) -6.2%, General Mills (GIS) -28.9%. Over five years, Artisan Consumer Goods (ARRT) compounded fastest (Artisan Consumer Goods (ARRT) +9.9%/yr, Hershey (HSY) -1.3%/yr, General Mills (GIS) -11.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

General Mills (GIS) has the highest dividend yield: Hershey (HSY) 0.03%, General Mills (GIS) 0.07%. Artisan Consumer Goods (ARRT) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Hershey (HSY) has been the steadiest (Artisan Consumer Goods (ARRT) 264.9%, Hershey (HSY) 27.8%, General Mills (GIS) 30.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ARRT, HSY and GIS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Hershey (HSY) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.