Basis: Current FMP quote-based enterprise value / four-quarter operating cash flow less absolute capital expenditures. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/FCF ratio high or low?
The EV/FCF ratio of 20.27x is 25% below its estimated 5-year average of 26.97x, near the low end of its estimated 5-year range (15.72x–36.20x).
As of 2026-09-19T00:15:42.538Z. 3.46% below its estimated 12-month average of 21.00x.
Calculation as of: 2026-09-19T00:15:42.538Z.
Quote observation: 2026-09-18T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: f967b25580ac165dbcc2c367f0986b95ed89acb8b63996a8ffabe76942f7d54d
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-11.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
EV/FCF RATIO
20.27x
EV/FCF RATIO AVG TTM
21.00x
EV/FCF RATIO AVG 3Y
24.89x
EV/FCF RATIO AVG 5Y
26.97x
EV/FCF RATIO AVG 10Y
26.98x
EV/FCF RATIO AVG 15Y
28.06x
EV/FCF RATIO AVG 20Y
26.62x
CURRENT VS TTM AVG
-3.46%
CURRENT VS 3Y AVG
-18.56%
CURRENT VS 5Y AVG
-24.83%
CURRENT VS 10Y AVG
-24.86%
CURRENT VS 15Y AVG
-27.75%
CURRENT VS 20Y AVG
-23.86%
SECTOR MEDIAN · CONSUMER DEFENSIVE
20.95x
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-3.25%
vs the sector median at left
The Hershey Company
Market Cap
$34.44B
EV/FCF Ratio
20.27x
TTM Avg
21.00x
3Y Avg
24.89x
5Y Avg
26.97x
Market Cap
$33.79B
EV/FCF Ratio
30.05x
TTM Avg
38.54x
3Y Avg
34.71x
5Y Avg
46.09x
Market Cap
$32.48B
EV/FCF Ratio
21.63x
TTM Avg
17.38x
3Y Avg
18.94x
5Y Avg
23.40x
Market Cap
$28.97B
EV/FCF Ratio
11.94x
TTM Avg
12.76x
3Y Avg
17.80x
5Y Avg
20.45x
Market Cap
$41.05B
EV/FCF Ratio
24.34x
TTM Avg
10.91x
3Y Avg
34.49x
5Y Avg
36.11x
Market Cap
$27.00B
EV/FCF Ratio
15.19x
TTM Avg
17.23x
3Y Avg
69.52x
5Y Avg
101.25x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Hershey Company (HSY) | $34.44B | 20.27x | 21.00x | 24.89x | 26.97x |
| Kenvue Inc. (KVUE)vs › | $34.20B | 22.60x | 23.87x | 26.85x | 26.09x |
| The Estée Lauder Companies Inc. (EL)vs › | $33.79B | 30.05x | 38.54x | 34.71x | 46.09x |
| Kimberly-Clark Corporation (KMB)vs › | $32.48B | 21.63x | 17.38x | 18.94x | 23.40x |
| The Kroger Co. (KR)vs › | $36.76B | N/A | 24.66x | 26.56x | 25.29x |
| Sysco Corporation (SYY)vs › | $37.80B | 26.31x | 30.24x | 26.17x | 37.25x |
| The Kraft Heinz Company (KHC)vs › | $28.97B | 11.94x | 12.76x | 17.80x | 20.45x |
| Archer-Daniels-Midland Company (ADM)vs › | $41.05B | 24.34x | 10.91x | 34.49x | 36.11x |
| Dollar General Corporation (DG)vs › | $27.00B | 15.19x | 17.23x | 69.52x | 101.25x |
| Keurig Dr Pepper Inc. (KDP)vs › | $42.12B | 38.03x | 36.86x | 47.39x | 39.61x |
EV/FCF
20.3x
P/FCF
17.8x
FCF Yield
5.62%
Formula: EV/FCF = Enterprise Value / Free Cash Flow
EV/FCF vs P/FCF:
EV/FCF = Enterprise Value / Free Cash Flow (TTM)
Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/FCF RATIO |
|---|---|
| 2026-09-11 | 15.81x |
| 2026-09-10 | 15.89x |
| 2026-09-09 | 15.72x |
| 2026-09-08 | 15.80x |
| 2026-09-04 | 15.79x |
| 2026-09-03 | 15.95x |
| 2026-09-02 | 16.14x |
| 2026-09-01 | 16.02x |
| 2026-08-31 | 16.04x |
| 2026-08-28 | 16.27x |
| 2026-08-27 | 16.45x |
| 2026-08-26 | 16.77x |
| 2026-08-25 | 16.92x |
| 2026-08-24 | 17.14x |
| 2026-08-21 | 16.86x |
| 2026-08-20 | 17.01x |
| 2026-08-19 | 17.05x |
| 2026-08-18 | 16.62x |
| 2026-08-17 | 16.43x |
| 2026-08-14 | 16.68x |
| 2026-08-13 | 16.83x |
| 2026-08-12 | 16.68x |
| 2026-08-11 | 16.50x |
| 2026-08-10 | 16.56x |
| 2026-08-07 | 16.53x |
| 2026-08-06 | 16.59x |
| 2026-08-05 | 16.31x |
| 2026-08-04 | 16.27x |
| 2026-08-03 | 16.16x |
| 2026-07-31 | 15.95x |
| 2026-07-30 | 18.76x |
| 2026-07-29 | 19.39x |
| 2026-07-28 | 19.34x |
| 2026-07-27 | 19.04x |
| 2026-07-24 | 18.48x |
| 2026-07-23 | 18.28x |
| 2026-07-22 | 18.30x |
| 2026-07-21 | 18.14x |
| 2026-07-20 | 18.24x |
| 2026-07-17 | 18.21x |
| 2026-07-16 | 18.52x |
| 2026-07-15 | 18.10x |
| 2026-07-14 | 18.22x |
| 2026-07-13 | 18.57x |
| 2026-07-10 | 18.42x |
| 2026-07-09 | 18.23x |
| 2026-07-08 | 18.49x |
| 2026-07-07 | 18.64x |
| 2026-07-06 | 18.79x |
| 2026-07-02 | 19.22x |
| 2026-07-01 | 18.90x |
| 2026-06-30 | 18.59x |
| 2026-06-29 | 19.17x |
| 2026-06-26 | 18.94x |
| 2026-06-25 | 18.71x |
| 2026-06-24 | 19.31x |
| 2026-06-23 | 18.95x |
| 2026-06-22 | 18.16x |
| 2026-06-18 | 18.33x |
| 2026-06-17 | 18.58x |
| 2026-06-16 | 19.26x |
| 2026-06-15 | 19.12x |
| 2026-06-12 | 19.18x |
| 2026-06-11 | 19.10x |
| 2026-06-10 | 18.70x |
| 2026-06-09 | 18.63x |
| 2026-06-08 | 18.63x |
| 2026-06-05 | 19.45x |
| 2026-06-04 | 19.28x |
| 2026-06-03 | 19.32x |
| 2026-06-02 | 19.41x |
| 2026-06-01 | 19.62x |
| 2026-05-29 | 20.34x |
| 2026-05-28 | 20.63x |
| 2026-05-27 | 20.70x |
| 2026-05-26 | 20.07x |
| 2026-05-22 | 20.41x |
| 2026-05-21 | 20.00x |
| 2026-05-20 | 20.04x |
| 2026-05-19 | 20.23x |
| 2026-05-18 | 20.13x |
| 2026-05-15 | 19.68x |
| 2026-05-14 | 19.99x |
| 2026-05-13 | 20.50x |
| 2026-05-12 | 20.14x |
| 2026-05-11 | 19.89x |
| 2026-05-08 | 19.58x |
| 2026-05-07 | 19.69x |
| 2026-05-06 | 19.62x |
| 2026-05-05 | 19.48x |
| 2026-05-04 | 19.21x |
| 2026-05-01 | 19.24x |
| 2026-04-30 | 20.44x |
| 2026-04-29 | 20.78x |
| 2026-04-28 | 20.66x |
| 2026-04-27 | 20.52x |
| 2026-04-24 | 21.01x |
| 2026-04-23 | 21.07x |
| 2026-04-22 | 20.73x |
| 2026-04-21 | 20.74x |
| 2026-04-20 | 21.01x |
| 2026-04-17 | 21.12x |
| 2026-04-16 | 21.00x |
| 2026-04-15 | 21.05x |
| 2026-04-14 | 21.62x |
| 2026-04-13 | 21.61x |
| 2026-04-10 | 22.07x |
| 2026-04-09 | 22.91x |
| 2026-04-08 | 22.73x |
| 2026-04-07 | 22.53x |
| 2026-04-06 | 22.63x |
| 2026-04-02 | 22.46x |
| 2026-04-01 | 22.13x |
| 2026-03-31 | 22.62x |
| 2026-03-30 | 23.18x |
| 2026-03-27 | 23.20x |
| 2026-03-26 | 22.87x |
| 2026-03-25 | 23.52x |
| 2026-03-24 | 23.34x |
| 2026-03-23 | 23.34x |
| 2026-03-20 | 22.85x |
| 2026-03-19 | 22.89x |
| 2026-03-18 | 23.10x |
| 2026-03-17 | 23.59x |
| 2026-03-16 | 23.83x |
| 2026-03-13 | 23.53x |
| 2026-03-12 | 23.39x |
| 2026-03-11 | 23.60x |
| 2026-03-10 | 23.72x |
| 2026-03-09 | 24.09x |
| 2026-03-06 | 24.31x |
| 2026-03-05 | 24.46x |
| 2026-03-04 | 25.00x |
| 2026-03-03 | 25.21x |
| 2026-03-02 | 25.36x |
| 2026-02-27 | 25.42x |
| 2026-02-26 | 24.95x |
| 2026-02-25 | 24.76x |
| 2026-02-24 | 24.82x |
| 2026-02-23 | 24.41x |
| 2026-02-20 | 23.99x |
| 2026-02-19 | 23.81x |
| 2026-02-18 | 24.02x |
| 2026-02-17 | 22.81x |
| 2026-02-13 | 23.11x |
| 2026-02-12 | 23.46x |
| 2026-02-11 | 23.89x |
| 2026-02-10 | 23.72x |
| 2026-02-09 | 23.86x |
| 2026-02-06 | 23.96x |
| 2026-02-05 | 23.28x |
| 2026-02-04 | 21.53x |
| 2026-02-03 | 21.12x |
| 2026-02-02 | 20.79x |
| 2026-01-30 | 20.49x |
| 2026-01-29 | 20.09x |
| 2026-01-28 | 20.23x |
| 2026-01-27 | 20.19x |
| 2026-01-26 | 20.04x |
| 2026-01-23 | 20.15x |
| 2026-01-22 | 20.10x |
| 2026-01-21 | 20.61x |
| 2026-01-20 | 20.88x |
| 2026-01-16 | 20.77x |
| 2026-01-15 | 21.08x |
| 2026-01-14 | 20.90x |
| 2026-01-13 | 20.54x |
| 2026-01-12 | 20.33x |
| 2026-01-09 | 19.95x |
| 2026-01-08 | 19.54x |
| 2026-01-07 | 19.10x |
| 2026-01-06 | 19.03x |
| 2026-01-05 | 19.09x |
| 2026-01-02 | 19.32x |
| 2025-12-31 | 19.28x |
| 2025-12-30 | 19.30x |
| 2025-12-29 | 19.17x |
| 2025-12-26 | 19.49x |
| 2025-12-24 | 19.55x |
| 2025-12-23 | 19.34x |
| 2025-12-22 | 19.70x |
| 2025-12-19 | 19.97x |
| 2025-12-18 | 19.87x |
| 2025-12-17 | 19.94x |
| 2025-12-16 | 19.86x |
| 2025-12-15 | 19.86x |
| 2025-12-12 | 19.27x |
| 2025-12-11 | 19.24x |
| 2025-12-10 | 19.10x |
| 2025-12-09 | 18.98x |
| 2025-12-08 | 19.17x |
| 2025-12-05 | 19.31x |
| 2025-12-04 | 19.33x |
| 2025-12-03 | 19.16x |
| 2025-12-02 | 19.36x |
| 2025-12-01 | 19.57x |
| 2025-11-28 | 19.86x |
| 2025-11-26 | 19.87x |
| 2025-11-25 | 19.73x |
| 2025-11-24 | 19.64x |
| 2025-11-21 | 19.66x |
| 2025-11-20 | 19.35x |
| 2025-11-19 | 19.33x |
| 2025-11-18 | 19.37x |
| 2025-11-17 | 19.00x |
| 2025-11-14 | 19.02x |
| 2025-11-13 | 18.92x |
| 2025-11-12 | 18.93x |
| 2025-11-11 | 18.41x |
| 2025-11-10 | 18.05x |
| 2025-11-07 | 18.21x |
| 2025-11-06 | 17.93x |
| 2025-11-05 | 18.14x |
| 2025-11-04 | 17.77x |
| 2025-11-03 | 17.43x |
| 2025-10-31 | 18.12x |
| 2025-10-30 | 25.25x |
| 2025-10-29 | 25.78x |
| 2025-10-28 | 26.42x |
| 2025-10-27 | 26.57x |
| 2025-10-24 | 26.30x |
| 2025-10-23 | 26.59x |
| 2025-10-22 | 26.92x |
| 2025-10-21 | 27.17x |
| 2025-10-20 | 27.18x |
| 2025-10-17 | 27.38x |
| 2025-10-16 | 27.26x |
| 2025-10-15 | 27.88x |
| 2025-10-14 | 27.60x |
| 2025-10-13 | 27.57x |
| 2025-10-10 | 27.95x |
| 2025-10-09 | 28.00x |
| 2025-10-08 | 28.39x |
| 2025-10-07 | 28.24x |
| 2025-10-06 | 28.34x |
| 2025-10-03 | 28.33x |
| 2025-10-02 | 27.54x |
| 2025-10-01 | 27.52x |
| 2025-09-30 | 27.29x |
| 2025-09-29 | 26.91x |
| 2025-09-26 | 27.43x |
| 2025-09-25 | 27.06x |
| 2025-09-24 | 27.79x |
| 2025-09-23 | 27.77x |
| 2025-09-22 | 27.97x |
| 2025-09-19 | 27.69x |
| 2025-09-18 | 27.55x |
| 2025-09-17 | 27.81x |
| 2025-09-16 | 28.12x |
| 2025-09-15 | 27.10x |
| 2025-09-12 | 27.03x |
| 2025-09-11 | 27.10x |
| 2025-09-10 | 27.10x |
| 2025-09-09 | 27.37x |
| 2025-09-08 | 27.35x |
| 2025-09-05 | 27.09x |
| 2025-09-04 | 27.07x |
| 2025-09-03 | 26.99x |
| 2025-09-02 | 27.13x |
| 2025-08-29 | 26.87x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
