Hershey (HSY) FCF Margin (2009 - 2026)
Hershey (HSY) recorded FCF Margin of 11.82% in Q2 2026, up 10.78 percentage points from 1.04% a year earlier and up 0.41 percentage points from the prior quarter.
Hershey (HSY) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Hershey's FCF Margin came in at 18.32% as of Jun 28, 2026, up 3.69 percentage points year-over-year; for FY2025, it was 15.59%, down 1.60 percentage points from FY2024.
- Annual FCF Margin has a five-year change of +0.15 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 17.19% in FY2024 (+3.29 pp), 13.90% in FY2023 (-3.45 pp), 17.36% in FY2022 (-0.33 pp) and 17.69% in FY2021 (+2.25 pp).
- Quarterly FCF Margin has ranged from 1.04% in Q2 2025 to 27.95% in Q4 2024 over the past five years.
- On a year-over-year basis, FCF Margin rose in five of the last eight quarters, with an average year-over-year change of +2.77 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 10.78 percentage points in Q2 2026, against a drop of 9.44 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 11.41% (Q1 2026), 25.51% (Q4 2025) and 23.76% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 136.33 Bn | 111.70 Bn | - | - |
| 2 | Mondelez International | 76.81 Bn | 70.13 Bn | 3.99 Bn | 5.48% |
| 3 | Hershey | 33.25 Bn | 29.49 Bn | 1.26 Bn | 11.82% |
| 4 | Kraft Heinz | 27.93 Bn | 14.46 Bn | 2.03 Bn | 14.26% |
| 5 | General Mills | 17.97 Bn | 15.62 Bn | 1.49 Bn | 4.72% |
| 6 | Mccormick | 13.05 Bn | 12.93 Bn | 778.20 Mn | 17.41% |
| 7 | J M Smucker | 12.89 Bn | 12.67 Bn | 979.60 Mn | 15.20% |
| 8 | Hormel Foods | 10.99 Bn | 7.67 Bn | 471.52 Mn | 5.82% |
| 9 | Chewy | 7.48 Bn | 4.77 Bn | 1.01 Bn | 2.69% |
| 10 | Conagra Brands | 6.78 Bn | 5.76 Bn | 704.10 Mn | 17.57% |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 11.82% |
| Mar 29, 2026 | 11.41% |
| Dec 31, 2025 | 25.51% |
| Sep 28, 2025 | 23.76% |
| Jun 29, 2025 | 1.04% |
| Mar 30, 2025 | 8.95% |
| Dec 31, 2024 | 27.95% |
| Sep 29, 2024 | 18.99% |
| Jun 30, 2024 | 9.42% |
| Mar 31, 2024 | 10.94% |
| Dec 31, 2023 | 20.14% |
| Oct 1, 2023 | 9.82% |
| Jul 2, 2023 | 5.62% |
| Apr 2, 2023 | 19.39% |
| Dec 31, 2022 | 22.93% |
| Oct 2, 2022 | 12.00% |
| Jul 3, 2022 | 15.06% |
| Apr 3, 2022 | 19.33% |
| Dec 31, 2021 | 22.82% |
| Oct 3, 2021 | 11.28% |
Hershey FCF Margin 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=fcf-margin&ticker=HSY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=HSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();