The Hershey Company HSY NYSE

The Hershey Company (HSY) generated $2.28B in operating cash flow for fiscal year 2025. After capital expenditures of $528.22M, free cash flow was $1.75B.

Free cash flow margin was 15% of revenue. Cash conversion ratio was 2.58x, indicating earnings are backed by cash.

The company returned $1.09B in dividends to shareholders during the period.

Criteria supported by this page:

• HEALTH (50/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (55/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (45/100) — Cash conversion ratio was 2.58x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 53/100 with 1/7 criteria passed.