Which has the lower trailing P/E, HSY or K?

K has the lower trailing P/E: HSY trades at 59.74 and K at 22.90. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, HSY or K?

Over the past five years, HSY grew revenue faster — HSY at a 7.31% CAGR versus K at -1.30%.

Does HSY or K pay a bigger dividend?

HSY yields 3.22% and K yields 1.39% based on trailing dividends and the latest price.

Is HSY or K more profitable?

HSY runs the higher net margin — HSY at 12.24% versus K at 10.08%.

How have HSY and K total returns compared?

Over the past 10 years, HSY delivered 7.22% and K delivered 5.79% annualized total return. Past performance doesn't predict future results.

The Hershey Company (HSY) vs Kellanova (K)

A side-by-side comparison of The Hershey Company and Kellanova across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 1, 2026. Differences are shown without an overall score or investment verdict.

HSY

The Hershey Company

$35.50B

$175.05Consumer DefensiveAt close: Jul 31, 2026, 4:00 PM ET

Kellanova

$29.03B

$83.44Consumer DefensiveAt close: Dec 10, 2025, 4:00 PM ET

Total return — HSY vs K

growth of $100 · dividends reinvested · last 29y

HSY +1725.3%K +465.9%HSY compounded faster

HSY K

HSY vs K: by the numbers

•HSY is the larger company ($35.50B vs $29.03B market cap).
•K trades at the lower trailing earnings multiple (22.90 vs 59.74 P/E), one valuation lens rather than an overall verdict.
•HSY converts more revenue to profit (12.24% vs 10.08% net margin).
•HSY grew revenue faster over the past five years (7.31% vs -1.30% CAGR).
•HSY pays the higher dividend yield (3.22% vs 1.39%).

Metrics side by side

Valuation

Metric	HSY	K
P/E ratio	59.74	22.90
Forward P/E	20.66	22.06
P/S ratio	2.94	2.30
P/B ratio	7.84	6.95
PEG ratio	N/A	0.50
EV / EBITDA	15.04	15.83
FCF yield	6.68%	2.05%

Profitability

Metric	HSY	K
Gross margin	38.11%	34.81%
Operating margin	17.58%	14.61%
Net margin	12.24%	10.08%
ROE	32.64%	30.38%
ROIC	9.00%	12.91%

Dividends

Metric	HSY	K
Dividend yield	3.22%	1.39%
Payout ratio	128.27%	29.59%

Growth (annualized)

Metric	HSY	K
Revenue CAGR (5Y)	7.31%	-1.30%
EPS CAGR (5Y)	-6.42%	0.30%
FCF CAGR (5Y)	7.87%	13.94%
Total return CAGR (5Y)	2.06%	11.22%

Frequently asked

Which has the lower trailing P/E, HSY or K?: K has the lower trailing P/E: HSY trades at 59.74 and K at 22.90. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, HSY or K?: Over the past five years, HSY grew revenue faster — HSY at a 7.31% CAGR versus K at -1.30%.
Does HSY or K pay a bigger dividend?: HSY yields 3.22% and K yields 1.39% based on trailing dividends and the latest price.
Is HSY or K more profitable?: HSY runs the higher net margin — HSY at 12.24% versus K at 10.08%.
How have HSY and K total returns compared?: Over the past 10 years, HSY delivered 7.22% and K delivered 5.79% annualized total return. Past performance doesn't predict future results.

Go deeper

Full HSY analysis Full K analysis Interactive comparison tool

Dig into the metrics

Hershey P/E ratio Kellanova P/E ratio Hershey dividend yield Kellanova dividend yield Hershey ROE Kellanova ROE Hershey operating margin Kellanova operating margin Hershey revenue growth Kellanova revenue growth Hershey free cash flow Kellanova free cash flow

Hershey & Kellanova appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 1, 2026.