Hershey (HSY) Payout Ratio (2009 - 2026)
Hershey's (HSY) Payout Ratio was 0.75 for Q2 2026, up 5.9% from 0.71 a year earlier but down 25.5% 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%).
- Five-year quarterly Payout Ratio spans a low of 0.44 in Q1 2022 and a high of 1.23 in Q4 2025.
- Year over year, Payout Ratio has now increased in each of the last nine quarters, with growth averaging 43.8% over the last eight quarters.
- The high point for year-over-year Payout Ratio in five years was Q4 2025 (growth of 151.6%); the low point was Q3 2021 (a decline of 12.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.01 (Q1 2026), 1.23 (Q4 2025) and 0.80 (Q3 2025).
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 | 0.75 |
| Mar 29, 2026 | 1.01 |
| Dec 31, 2025 | 1.23 |
| Sep 28, 2025 | 0.80 |
| Jun 29, 2025 | 0.71 |
| Mar 30, 2025 | 0.66 |
| Dec 31, 2024 | 0.49 |
| Sep 29, 2024 | 0.59 |
| Jun 30, 2024 | 0.55 |
| Mar 31, 2024 | 0.46 |
| Dec 31, 2023 | 0.48 |
| Oct 1, 2023 | 0.45 |
| Jul 2, 2023 | 0.46 |
| Apr 2, 2023 | 0.47 |
| Dec 31, 2022 | 0.47 |
| Oct 2, 2022 | 0.47 |
| Jul 3, 2022 | 0.44 |
| Apr 3, 2022 | 0.44 |
| Dec 31, 2021 | 0.46 |
| Oct 3, 2021 | 0.47 |
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();