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The Hershey Company (HSY)
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The Hershey Company (HSY) Enterprise Value (EV): $40.04B

The enterprise value (EV) for The Hershey Company (HSY) is $40.04B as of Wednesday, June 17, 2026.

HSY Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$40.04B

HSY Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
The Hershey Company (HSY)$35.56B$40.04B
Kimberly-Clark Corporation (KMB)vs ›$34.61B$40.21B
Sysco Corporation (SYY)vs ›$37.99B$50.04B
The Kroger Co. (KR)vs ›$39.54B$62.32B
Kellanova (K)vs ›$29.03B$33.49B
The Kraft Heinz Company (KHC)vs ›$27.96B$47.25B
Keurig Dr Pepper Inc. (KDP)vs ›$43.54B$53.16B
Dollar General Corporation (DG)vs ›$25.09B$46.15B
Constellation Brands, Inc. (STZ)vs ›$24.72B$38.79B
Church & Dwight Co., Inc. (CHD)vs ›$23.32B$22.15B

Enterprise Value Calculation

Market Cap

$35.56B

+

Total Debt

$5.40B

Cash

$925.86M

=

Enterprise Value

$40.04B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

The Hershey Company Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

The Hershey Company Enterprise Value (EV) FAQ

What is the enterprise value (EV) for The Hershey Company (HSY)?
The enterprise value (EV) for HSY stock is $40.04B.

About The Hershey Company

The Hershey Company, operating with its various subsidiaries, serves as a key manufacturer and distributor of both sweet confections and general household pantry items. Its market reach extends across the United States and globally. The enterprise strategically divides its operations into three main business segments: North America Confectionery, North America Salty Snacks, and an International division. Its extensive product catalog features a wide array of offerings. This includes various chocolate and non-chocolate candies, as well as refreshing chewing gums and mints. Beyond traditional treats, Hershey also supplies pantry essentials such as baking ingredients, dessert toppings, a range of beverages, and sundae syrups. Furthermore, their snack collection encompasses diverse items like spreads, meat snacks, various bars and snack bites, popcorn, and protein bars. The company markets its broad product line under numerous iconic brand names. Its extensive brand portfolio includes household names such as Hershey's, Reese's, Kisses, Jolly Rancher, Kit Kat, Twizzlers, York, and Ice Breakers, alongside other popular confectionery brands like Almond Joy, Cadbury, Heath, Payday, Rolo, and Whoppers. The snack segment features well-known names like SkinnyPop, Pirates Booty, Paqui, Dot's Homestyle Pretzels, and ONE Bar, complemented by international offerings such as Pelon Pelo Rico, IO-IO, and Sofit. Hershey distributes its merchandise through a comprehensive network of channels. These include wholesale distributors, major grocery store chains, large-scale retailers, pharmacies, vending machine operators, warehouse clubs, convenience stores, discount stores, concession stands, and department stores. Established in 1894, The Hershey Company maintains its corporate headquarters in Hershey, Pennsylvania.

Hershey, PA
18,540 employees
Consumer Defensive / Food Confectioners
Sector
Consumer Defensive
Industry
Food Confectioners
CEO
Kirk C. Tanner