The Hershey Company (HSY) vs Keurig Dr Pepper Inc. (KDP)
A side-by-side comparison of The Hershey Company and Keurig Dr Pepper Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
HSY
The Hershey Company
$170.42Consumer DefensiveDelayed quote: Sep 15, 2026, 4:00 PM EDT
KDP
Keurig Dr Pepper Inc.
$31.49Consumer DefensiveDelayed quote: Sep 15, 2026, 4:00 PM EDT
Total return — HSY vs KDP
growth of $100 · dividends reinvested · last 10yHSY +125.2% (+8.5%/yr)KDP +227.4% (+12.6%/yr)KDP compounded faster over this window
HSY KDP
HSY vs KDP: by the numbers
- •KDP is the larger company ($42.84B vs $34.56B market cap).
- •HSY trades at the lower trailing earnings multiple (23.28 vs 31.68 P/E), one valuation lens rather than an overall verdict.
- •HSY converts more revenue to profit (12.24% vs 7.10% net margin).
- •KDP grew revenue faster over the past five years (10.52% vs 7.31% CAGR).
- •HSY pays the higher dividend yield (3.30% vs 2.93%).
Metrics side by side
Valuation
| Metric | HSY | KDP |
|---|---|---|
| P/E ratio | 23.28 | 31.68 |
| Forward P/E | 20.06 | 13.74 |
| P/S ratio | 2.84 | 2.13 |
| P/B ratio | 7.58 | 1.71 |
| EV / EBITDA | 14.78 | 17.61 |
| FCF yield | 5.60% | 4.60% |
Profitability
| Metric | HSY | KDP |
|---|---|---|
| Gross margin | 38.11% | 49.39% |
| Operating margin | 17.58% | 16.82% |
| Net margin | 12.24% | 7.10% |
| ROE | 32.64% | 5.70% |
| ROIC | 15.00% | 3.36% |
Dividends
| Metric | HSY | KDP |
|---|---|---|
| Dividend yield | 3.30% | 2.93% |
| Payout ratio | 78.22% | 92.56% |
Growth (annualized)
| Metric | HSY | KDP |
|---|---|---|
| Revenue CAGR (5Y) | 7.31% | 10.52% |
| EPS CAGR (5Y) | -6.67% | 10.23% |
| FCF CAGR (5Y) | 9.19% | -1.17% |
| Total return CAGR (5Y) | 2.35% | 0.54% |
Frequently asked
- Which has the lower trailing P/E, HSY or KDP?
- HSY has the lower trailing P/E: HSY trades at 23.28 and KDP at 31.68. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, HSY or KDP?
- Over the past five years, KDP grew revenue faster — HSY at a 7.31% CAGR versus KDP at 10.52%.
- Does HSY or KDP pay a bigger dividend?
- HSY yields 3.30% and KDP yields 2.93% based on trailing dividends and the latest price.
- Is HSY or KDP more profitable?
- HSY runs the higher net margin — HSY at 12.24% versus KDP at 7.10%.
- How have HSY and KDP total returns compared?
- Over the past 10 years, HSY delivered 8.66% and KDP delivered 12.62% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Hershey P/E ratioKeurig Dr Pepper P/E ratioHershey dividend yieldKeurig Dr Pepper dividend yieldHershey ROEKeurig Dr Pepper ROEHershey operating marginKeurig Dr Pepper operating marginHershey revenue growthKeurig Dr Pepper revenue growthHershey free cash flowKeurig Dr Pepper free cash flow
Hershey & Keurig Dr Pepper appear in these rankings
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 September 13, 2026.