Hershey Co Capital Reinvestment Ratio
Hershey Co capital reinvestment ratio. Hershey Co (HSY) has a Capital Reinvestment Ratio of 0.24x as of March 2026, meaning it reinvests 0% of its operating cash flow ($468.81 Million) in capital expenditures ($114.60 Million). Check Hershey Co (HSY) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Hershey Co (1989–2025)
Capital reinvestment ratio of Hershey Co from 1989 to 2025. This chart tracks Hershey Co's Capital Reinvestment Ratio across 37 annual periods. Also explore Hershey Co (HSY) net asset momentum to track the company's year-over-year net asset growth rate.
Hershey Co Capital Reinvestment Ratio by Year (1989–2025)
Hershey Co capital reinvestment ratio by year from 1989 to 2025. For the full cash flow conversion analysis, see Hershey Co (HSY) cash conversion ratio.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.23x | $2.28 Billion | $528.22 Million | ▼ -3.1% |
| 2024 | 0.24x | $2.53 Billion | $605.94 Million | ▼ -27.9% |
| 2023 | 0.33x | $2.32 Billion | $771.11 Million | ▲ +48.7% |
| 2022 | 0.22x | $2.33 Billion | $519.48 Million | ▼ -6.3% |
| 2021 | 0.24x | $2.08 Billion | $495.88 Million | ▼ -8.4% |
| 2020 | 0.26x | $1.70 Billion | $441.63 Million | ▲ +44.0% |
| 2019 | 0.18x | $1.76 Billion | $318.19 Million | ▼ -12.2% |
| 2018 | 0.21x | $1.60 Billion | $328.60 Million | ▼ -0.4% |
| 2017 | 0.21x | $1.25 Billion | $257.68 Million | ▼ -24.7% |
| 2016 | 0.27x | $983.48 Million | $269.48 Million | ▼ -6.7% |
| 2015 | 0.29x | $1.21 Billion | $356.81 Million | ▼ -33.6% |
| 2014 | 0.44x | $838.22 Million | $370.79 Million | ▲ +49.8% |
| 2013 | 0.30x | $1.19 Billion | $350.91 Million | ▲ +16.3% |
| 2012 | 0.25x | $1.09 Billion | $277.97 Million | ▼ -57.6% |
| 2011 | 0.60x | $580.87 Million | $347.57 Million | ▲ +167.7% |
| 2010 | 0.22x | $901.42 Million | $201.49 Million | ▲ +63.8% |
| 2009 | 0.14x | $1.07 Billion | $145.47 Million | ▼ -74.9% |
| 2008 | 0.54x | $519.56 Million | $282.98 Million | ▲ +108.0% |
| 2007 | 0.26x | $778.84 Million | $203.89 Million | ▼ -4.6% |
| 2006 | 0.27x | $723.19 Million | $198.51 Million | ▼ -34.8% |
| 2005 | 0.42x | $461.76 Million | $194.31 Million | ▲ +71.3% |
| 2004 | 0.25x | $797.45 Million | $195.89 Million | ▼ -33.4% |
| 2003 | 0.37x | $592.94 Million | $218.65 Million | ▲ +73.7% |
| 2002 | 0.21x | $625.34 Million | $132.74 Million | ▼ -6.3% |
| 2001 | 0.23x | $706.40 Million | $160.10 Million | ▼ -32.5% |
| 2000 | 0.34x | $412.21 Million | $138.33 Million | ▼ -4.7% |
| 1999 | 0.35x | $327.70 Million | $115.40 Million | ▼ -14.9% |
| 1998 | 0.41x | $389.70 Million | $161.30 Million | ▲ +14.2% |
| 1997 | 0.36x | $476.90 Million | $172.90 Million | ▼ -71.8% |
| 1996 | 1.29x | $463.70 Million | $596.60 Million | ▲ +315.9% |
| 1995 | 0.31x | $494.90 Million | $153.10 Million | ▼ -24.8% |
| 1994 | 0.41x | $337.30 Million | $138.70 Million | ▼ -58.6% |
| 1993 | 0.99x | $378.90 Million | $376.40 Million | ▲ +17.8% |
| 1992 | 0.84x | $296.20 Million | $249.80 Million | ▲ +29.5% |
| 1991 | 0.65x | $347.30 Million | $226.10 Million | ▼ -23.1% |
| 1990 | 0.85x | $211.80 Million | $179.40 Million | ▲ +38.9% |
| 1989 | 0.61x | $265.60 Million | $162.00 Million | — |