Hershey (HSY) EV to FCF (2009 - 2026)
Hershey's EV to FCF came in at 15.90 for Q2 2026, down 20.3% from 19.95 a year earlier and down 28.1% from the prior quarter.
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Analysis
Hershey (HSY) EV to FCF (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 28, 2026, Hershey reported EV to FCF of 14.57, down 20.0% year-over-year; for FY2025, it was 19.74, up 13.3% from FY2024.
- Going back by year, EV to FCF was 17.42 in FY2024 (-28.3%), 24.29 in FY2023 (-6.5%), 25.99 in FY2022 (+4.3%) and 24.92 in FY2021 (+2.5%).
- The Q2 2026 figure represents the lowest quarterly EV to FCF since Q2 2018.
- Year-over-year, EV to FCF increased in two of the last eight quarters, with an average decline of 12.1%.
- The fastest year-over-year change in EV to FCF over five years came in Q1 2022 (growth of 40.5%), and the weakest in Q1 2025 (a decline of 38.7%).
- Business Quant data shows HSY's EV to FCF at 22.10 (Q1 2026), 19.74 (Q4 2025) and 20.10 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unilever | 132.43 Bn | 107.80 Bn | - |
| 2 | Mondelez International | 73.80 Bn | 67.12 Bn | 3.99 Bn |
| 3 | Hershey | 31.86 Bn | 28.11 Bn | 1.26 Bn |
| 4 | Kraft Heinz | 26.96 Bn | 13.49 Bn | 2.03 Bn |
| 5 | General Mills | 17.20 Bn | 14.85 Bn | 1.49 Bn |
| 6 | J M Smucker | 12.70 Bn | 12.49 Bn | 979.60 Mn |
| 7 | Mccormick | 12.49 Bn | 12.36 Bn | 778.20 Mn |
| 8 | Hormel Foods | 10.97 Bn | 7.66 Bn | 471.52 Mn |
| 9 | Chewy | 7.31 Bn | 4.59 Bn | 1.01 Bn |
| 10 | Conagra Brands | 6.43 Bn | 5.74 Bn | 618.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 15.90 |
| Mar 29, 2026 | 22.10 |
| Dec 31, 2025 | 19.74 |
| Sep 28, 2025 | 20.10 |
| Jun 29, 2025 | 19.95 |
| Mar 30, 2025 | 18.08 |
| Dec 31, 2024 | 17.42 |
| Sep 29, 2024 | 23.31 |
| Jun 30, 2024 | 26.56 |
| Mar 31, 2024 | 29.51 |
| Dec 31, 2023 | 24.29 |
| Oct 1, 2023 | 24.92 |
| Jul 2, 2023 | 30.62 |
| Apr 2, 2023 | 27.59 |
| Dec 31, 2022 | 25.99 |
| Oct 2, 2022 | 25.96 |
| Jul 3, 2022 | 26.99 |
| Apr 3, 2022 | 27.84 |
| Dec 31, 2021 | 24.92 |
| Oct 3, 2021 | 22.87 |
API Access
Hershey EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=HSY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "HSY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=HSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();