The Hershey Company (HSY) vs Constellation Brands, Inc. (STZ)
STZ leads on 11 of 16 compared metrics.
A side-by-side comparison of The Hershey Company and Constellation Brands, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 17, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
HSY
The Hershey Company
$175.31Consumer Defensive
STZ
Constellation Brands, Inc.
$144.11Consumer Defensive
Total return — HSY vs STZ
growth of $100 · last 30yHSY +929.6%STZ +3557.6%STZ compounded faster
HSY STZ
HSY vs STZ: by the numbers
- •HSY is the larger company ($35.56B vs $24.72B market cap).
- •STZ trades at the lower earnings multiple (15.03 vs 32.65 P/E).
- •STZ converts more revenue to profit (18.46% vs 9.12% net margin).
- •HSY grew revenue faster over the past five years (7.65% vs 1.19% CAGR).
- •HSY pays the higher dividend yield (3.22% vs 2.84%).
Which is better, HSY or STZ?
Metric tally: HSY 5 · STZ 11It depends on what you're optimizing for:
ValueSTZ(lower P/E)
GrowthHSY(faster 5Y revenue CAGR)
IncomeHSY(higher dividend yield)
QualitySTZ(higher ROIC)
Metrics side by side
Valuation
| Metric | HSY | STZ |
|---|---|---|
| P/E ratio | 32.65 | 15.03● |
| Forward P/E | 17.54 | 11.57● |
| P/S ratio | 2.99 | 2.74● |
| P/B ratio | 7.56 | 3.10● |
| EV / EBITDA | 18.57 | 11.45● |
| FCF yield | 6.06% | 7.17%● |
Profitability
| Metric | HSY | STZ |
|---|---|---|
| Gross margin | 34.76% | 51.67%● |
| Operating margin | 14.08% | 31.33%● |
| Net margin | 9.12% | 18.46%● |
| ROE | 23.11%● | 20.87% |
| ROIC | 9.00% | 10.48%● |
Dividends
| Metric | HSY | STZ |
|---|---|---|
| Dividend yield | 3.22%● | 2.84% |
| Payout ratio | 128.27% | 42.52% |
Growth (annualized)
| Metric | HSY | STZ |
|---|---|---|
| Revenue CAGR (5Y) | 7.65%● | 1.19% |
| EPS CAGR (5Y) | -6.42% | -1.59%● |
| FCF CAGR (5Y) | 10.95%● | -1.57% |
| Total return CAGR (5Y) | 2.71%● | -7.61% |
Frequently asked
- Which is better, HSY or STZ?
- It depends on your goal. value: STZ (lower P/E); growth: HSY (faster 5Y revenue CAGR); income: HSY (higher dividend yield); quality: STZ (higher ROIC). Across all compared metrics, STZ leads 11 to 5.
- Is HSY or STZ cheaper?
- On trailing earnings, STZ is cheaper: HSY trades at a 32.65 P/E and STZ at 15.03.
- Which has grown faster, HSY or STZ?
- Over the past five years, HSY grew revenue faster — HSY at a 7.65% CAGR versus STZ at 1.19%.
- Does HSY or STZ pay a bigger dividend?
- HSY yields 3.22% and STZ yields 2.84% based on trailing dividends and the latest price.
- Is HSY or STZ more profitable?
- STZ runs the higher net margin — HSY at 9.12% versus STZ at 18.46%.
- Which has been the better investment, HSY or STZ?
- Over the past 10-year, HSY delivered the higher annualized total return — HSY at 8.66% versus STZ at 0.73%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Hershey P/E ratioConstellation Brands P/E ratioHershey dividend yieldConstellation Brands dividend yieldHershey ROEConstellation Brands ROEHershey operating marginConstellation Brands operating marginHershey revenue growthConstellation Brands revenue growthHershey free cash flowConstellation Brands free cash flow
Hershey & Constellation Brands 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 June 17, 2026.