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 August 1, 2026. Differences are shown without an overall score or investment verdict.
HSY
The Hershey Company
$175.05Consumer DefensiveAt close: Jul 31, 2026, 4:00 PM ET
KDP
Keurig Dr Pepper Inc.
$31.12Consumer DefensiveAt close: Jul 31, 2026, 4:00 PM ET
Total return — HSY vs KDP
growth of $100 · dividends reinvested · last 18yHSY +676.7%KDP +3440.6%KDP compounded faster
HSY KDP
HSY vs KDP: by the numbers
- •KDP is the larger company ($42.34B vs $35.50B market cap).
- •KDP trades at the lower trailing earnings multiple (23.05 vs 59.74 P/E), one valuation lens rather than an overall verdict.
- •HSY converts more revenue to profit (12.24% vs 10.81% net margin).
- •HSY pays the higher dividend yield (3.22% vs 2.96%).
Metrics side by side
Valuation
| Metric | HSY | KDP |
|---|---|---|
| P/E ratio | 59.74 | 23.05 |
| Forward P/E | 20.66 | 13.60 |
| P/S ratio | 2.94 | 2.50 |
| P/B ratio | 7.84 | 1.68 |
| PEG ratio | N/A | 0.41 |
| EV / EBITDA | 15.04 | 15.34 |
| FCF yield | 6.68% | 3.73% |
Profitability
| Metric | HSY | KDP |
|---|---|---|
| Gross margin | 38.11% | 53.78% |
| Operating margin | 17.58% | 21.29% |
| Net margin | 12.24% | 10.81% |
| ROE | 32.64% | 7.25% |
| ROIC | 9.00% | 5.62% |
Dividends
| Metric | HSY | KDP |
|---|---|---|
| Dividend yield | 3.22% | 2.96% |
| Payout ratio | 128.27% | 60.13% |
Growth (annualized)
| Metric | HSY | KDP |
|---|---|---|
| Revenue CAGR (5Y) | 7.31% | 7.31% |
| EPS CAGR (5Y) | -6.42% | 10.23% |
| FCF CAGR (5Y) | 7.87% | -5.79% |
| Total return CAGR (5Y) | 2.06% | 0.15% |
Frequently asked
- Which has the lower trailing P/E, HSY or KDP?
- KDP has the lower trailing P/E: HSY trades at 59.74 and KDP at 23.05. 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 7.31%.
- Does HSY or KDP pay a bigger dividend?
- HSY yields 3.22% and KDP yields 2.96% 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 10.81%.
- How have HSY and KDP total returns compared?
- Over the past 10 years, HSY delivered 7.22% and KDP delivered 11.89% 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 August 1, 2026.