Hershey (HSY) Payout Ratio (2009 - 2026)
Hershey's (HSY) Payout Ratio was 0.63 for Q3 2026, down 21.0% from 0.80 a year earlier and down 16.0% from the prior quarter.
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Analysis
Hershey (HSY) Payout Ratio (2009 - 2026) Analysis & Trends
For FY2025, Payout Ratio at Hershey was 1.23, up 151.6% from FY2024.
- Payout Ratio has increased for four consecutive years.
- By year, Payout Ratio came in at 0.49 in FY2024 (+2.3%), 0.48 in FY2023 (+1.3%), 0.47 in FY2022 (+1.5%) and 0.46 in FY2021 (-7.3%).
- The Q3 2026 figure ranks as the lowest quarterly Payout Ratio since Q4 2024.
- Year over year, Payout Ratio gained in seven of the last eight quarters, with growth averaging 37.2%.
- The high point for year-over-year Payout Ratio in five years was Q4 2025 (growth of 151.6%); the low point was Q3 2026 (a decline of 21.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 0.75 (Q2 2026), 1.01 (Q1 2026) and 1.23 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 4 | Kraft Heinz | 28.72 Bn | 16.47 Bn | 1.99 Bn |
| 5 | General Mills | 18.50 Bn | 16.16 Bn | 1.49 Bn |
| 6 | J M Smucker | 14.27 Bn | 14.05 Bn | 979.60 Mn |
| 7 | Mccormick | 12.58 Bn | 12.23 Bn | 794.90 Mn |
| 8 | Hormel Foods | 12.22 Bn | 8.90 Bn | 471.52 Mn |
| 9 | Chewy | 9.17 Bn | 6.46 Bn | 1.01 Bn |
| 10 | Lamb Weston Holdings | 7.87 Bn | 7.49 Bn | 266.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 0.47 |
| Jun 28, 2026 | 0.38 |
| Mar 29, 2026 | 0.51 |
| Dec 31, 2025 | 0.61 |
| Sep 28, 2025 | 0.40 |
| Jun 29, 2025 | 0.35 |
| Mar 30, 2025 | 0.33 |
| Dec 31, 2024 | 0.24 |
| Sep 29, 2024 | 0.29 |
| Jun 30, 2024 | 0.28 |
| Mar 31, 2024 | 0.25 |
| Dec 31, 2023 | 0.24 |
| Oct 1, 2023 | 0.22 |
| Jul 2, 2023 | 0.23 |
| Apr 2, 2023 | 0.24 |
| Dec 31, 2022 | 0.24 |
| Oct 2, 2022 | 0.23 |
| Jul 3, 2022 | 0.22 |
| Apr 3, 2022 | 0.22 |
| Dec 31, 2021 | 0.23 |
API Access
Hershey 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=payout-ratio&ticker=HSY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=payout-ratio&ticker=HSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();