Free Cash Flow for Hershey (HSY)
Free Cash Flow for Hershey (HSY): headline value $2.07B · YoY -9.2%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
HSY
Currently viewingFree Cash FlowSwitch metric
Latest period
$2.07B
YoY change
-9.2%
5Y CAGR
+6.8%
Peak year (2024)
$1.93B
Latest annual
$1.75B
Free Cash Flow history chart for Hershey (HSY) from 1989 to 2025
Free Cash Flow history table for Hershey (HSY) from 1989 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $1.75B | -9.2% | ||
| 2024 | $1.93B | +24.1% | ||
| 2023 | $1.55B | -14.2% | ||
| 2022 | $1.81B | +13.9% | ||
| 2021 | $1.59B | +26.2% | ||
| 2020 | $1.26B | -13.0% | ||
| 2019 | $1.45B | +13.7% | ||
| 2018 | $1.27B | +28.2% | ||
| 2017 | $991.84M | +38.9% | ||
| 2016 | $714.00M | -16.7% | ||
| 2015 | $857.65M | +83.5% | ||
| 2014 | $467.43M | -44.2% | ||
| 2013 | $837.49M | +2.5% | ||
| 2012 | $816.86M | +250.1% | ||
| 2011 | $233.30M | -66.7% | ||
| 2010 | $699.94M | -23.9% | ||
| 2009 | $920.28M | +289.0% | ||
| 2008 | $236.58M | -58.9% | ||
| 2007 | $574.94M | +9.6% | ||
| 2006 | $524.68M | +96.2% | ||
| 2005 | $267.46M | -55.5% | ||
| 2004 | $601.56M | +60.7% | ||
| 2003 | $374.29M | -24.0% | ||
| 2002 | $492.61M | -9.8% | ||
| 2001 | $546.30M | +99.5% | ||
| 2000 | $273.88M | +29.0% | ||
| 1999 | $212.30M | -7.0% | ||
| 1998 | $228.40M | -24.9% | ||
| 1997 | $304.00M | -328.7% | ||
| 1996 | -$132.90M | -138.9% | ||
| 1995 | $341.80M | +72.1% | ||
| 1994 | $198.60M | +7844.0% | ||
| 1993 | $2.50M | -94.6% | ||
| 1992 | $46.40M | -61.7% | ||
| 1991 | $121.20M | +274.1% | ||
| 1990 | $32.40M | -68.7% | ||
| 1989 | $103.60M | — |
Free Cash Flow values are taken from Hershey's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Hershey (HSY) free cash flow totalled $1.75B – declined 9.2% year-over-year.
Hershey free cash flow compound annual growth for the 2020–2025 (5 years) window is +6.8%, with the latest reading among the more recent periods of the dataset.
Hershey free cash flow declined from $1.93B in 2024 to $1.75B in 2025, a 9.2% drawdown.
$1.93B stands as the all-time-high annual free cash flow, posted in 2024, against a low of -$132.90M during 1996.
Within Consumer Defensive, Hershey (HSY) ranks 9th among 8 peers we track. The peer median for free cash flow is $8.46B.
Hershey Free Cash Flow by Year
Hershey Free Cash Flow 2025: $1.75B
Hershey free cash flow in 2025 was $1.75B, declined 9.2% below 2024.
Hershey Free Cash Flow 2024: $1.93B
Hershey free cash flow in 2024 was $1.93B, grew 24.1% from 2023. This figure represents the highest annual value in the available history.
Hershey Free Cash Flow 2023: $1.55B
Hershey free cash flow in 2023 was $1.55B, declined 14.2% below 2022.
Hershey Free Cash Flow 2022: $1.81B
Hershey free cash flow in 2022 was $1.81B, grew 13.9% from 2021.
Hershey Free Cash Flow 2021: $1.59B
Hershey free cash flow in 2021 was $1.59B.
See more financial history for Hershey (HSY).
Sector peers — Free Cash Flow
Companies in the same sector as Hershey, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $14.92B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $14.04B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $10.66B | Consumer Defensive |
| Altria Group, Inc. (MO) | $9.07B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $7.84B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $7.67B | Consumer Defensive |
| The Coca-Cola Company (KO) | $5.30B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $1.97B | Consumer Defensive |
Frequently asked questions
What is Hershey's free cash flow?
Latest reported free cash flow for Hershey (HSY) is $2.07B (period ending December 31, 2025).
How has Hershey free cash flow changed year-over-year?
Hershey (HSY) free cash flow changed -9.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Hershey free cash flow?
Hershey (HSY) free cash flow compound annual growth rate is +6.8% over the most recent 5 years available.
When did Hershey free cash flow hit its highest annual value?
Hershey free cash flow reached its highest annual value of $1.93B in 2024.
What was Hershey free cash flow in 2024?
Hershey (HSY) free cash flow in 2024 was $1.93B.
What was Hershey free cash flow in 2025?
Hershey (HSY) free cash flow in 2025 was $1.75B.
Metrics overview
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
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HSY Overview
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