Hershey (HSY) FCF Payout Ratio (2009 - 2026)
Hershey's FCF Payout Ratio was 0.44 in Q3 2026, up 22.2% from 0.36 a year earlier but down 49.6% from the prior quarter.
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Analysis
Hershey (HSY) FCF Payout Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hershey's FCF Payout Ratio was 0.53 through Sep 27, 2026, down 9.5% year-over-year; for FY2025, it came in at 0.60, up 5.7% from FY2024.
- In earlier years, FCF Payout Ratio was 0.56 in FY2024 (-1.7%), 0.57 in FY2023 (+33.7%), 0.43 in FY2022 (-0.8%) and 0.43 in FY2021 (-15.1%).
- Quarterly FCF Payout Ratio has moved between 0.34 (Q4 2024) and 10.00 (Q2 2025) over five years.
- Compared with a year earlier, FCF Payout Ratio was higher in four of the last eight quarters, with growth averaging 65.3%.
- The best year-over-year quarter for FCF Payout Ratio over five years was Q2 2025 (growth of 622.4%); the worst was Q2 2026 (a decline of 91.3%).
- Per Business Quant data, HSY's FCF Payout Ratio in the three quarters before Q3 2026 was 0.87 (Q2 2026), 0.81 (Q1 2026) and 0.34 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 144.95 Bn | 98.82 Bn | - | - |
| 2 | Mondelez International | 84.23 Bn | 77.29 Bn | 3.92 Bn | - |
| 3 | Hershey | 34.99 Bn | 31.72 Bn | 1.51 Bn | 0.44 |
| 4 | Kraft Heinz | 28.72 Bn | 16.47 Bn | 1.99 Bn | - |
| 5 | General Mills | 18.50 Bn | 16.16 Bn | 1.49 Bn | 1.59 |
| 6 | J M Smucker | 14.27 Bn | 14.05 Bn | 979.60 Mn | 0.35 |
| 7 | Mccormick | 12.58 Bn | 12.23 Bn | 794.90 Mn | 1.15 |
| 8 | Hormel Foods | 12.22 Bn | 8.90 Bn | 471.52 Mn | 0.93 |
| 9 | Chewy | 9.17 Bn | 6.46 Bn | 1.01 Bn | - |
| 10 | Lamb Weston Holdings | 7.87 Bn | 7.49 Bn | 266.50 Mn | 0.36 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 0.44 |
| Jun 28, 2026 | 0.00 |
| Mar 29, 2026 | 0.81 |
| Dec 31, 2025 | 0.34 |
| Sep 28, 2025 | 0.00 |
| Jun 29, 2025 | 0.00 |
| Mar 30, 2025 | 1.08 |
| Dec 31, 2024 | 0.34 |
| Sep 29, 2024 | 0.00 |
| Jun 30, 2024 | 0.00 |
| Mar 31, 2024 | 0.77 |
| Dec 31, 2023 | 0.44 |
| Oct 1, 2023 | 0.00 |
| Jul 2, 2023 | 0.00 |
| Apr 2, 2023 | 0.36 |
| Dec 31, 2022 | 0.34 |
| Oct 2, 2022 | 0.00 |
| Jul 3, 2022 | 0.00 |
| Apr 3, 2022 | 0.35 |
| Dec 31, 2021 | 0.34 |
API Access
Hershey FCF Payout Ratio 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-payout-ratio&ticker=HSY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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-payout-ratio&ticker=HSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();