Hershey Co (HSY) — Cash Flow Quality Index
Hershey Co (HSY) has a Cash Flow Quality Index of 1.08x as of March 2026. Operating cash flow of $468.81 Million exceeds net income of $435.11 Million, indicating high earnings quality where cash backs reported profits. Explore investment intensity of Hershey Co to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Hershey Co Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Hershey Co across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Hershey Co tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Hershey Co (1989–2025)
Year-by-year earnings quality comparison for Hershey Co. For live market cap and the full company financial profile, see Hershey Co market cap and net worth.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.58x | $2.28 Billion | $883.26 Million | ▲ +126.2% |
| 2024 | 1.14x | $2.53 Billion | $2.22 Billion | ▼ -8.7% |
| 2023 | 1.25x | $2.32 Billion | $1.86 Billion | ▼ -11.8% |
| 2022 | 1.42x | $2.33 Billion | $1.64 Billion | ▲ +0.8% |
| 2021 | 1.40x | $2.08 Billion | $1.48 Billion | ▲ +5.4% |
| 2020 | 1.33x | $1.70 Billion | $1.28 Billion | ▼ -13.4% |
| 2019 | 1.54x | $1.76 Billion | $1.15 Billion | ▲ +12.6% |
| 2018 | 1.37x | $1.60 Billion | $1.17 Billion | ▼ -17.3% |
| 2017 | 1.65x | $1.25 Billion | $756.54 Million | ▲ +20.9% |
| 2016 | 1.37x | $983.48 Million | $720.04 Million | ▼ -42.3% |
| 2015 | 2.37x | $1.21 Billion | $512.95 Million | ▲ +139.2% |
| 2014 | 0.99x | $838.22 Million | $846.91 Million | ▼ -31.7% |
| 2013 | 1.45x | $1.19 Billion | $820.47 Million | ▼ -12.6% |
| 2012 | 1.66x | $1.09 Billion | $660.93 Million | ▲ +79.4% |
| 2011 | 0.92x | $580.87 Million | $628.96 Million | ▼ -47.8% |
| 2010 | 1.77x | $901.42 Million | $509.80 Million | ▼ -27.7% |
| 2009 | 2.44x | $1.07 Billion | $435.99 Million | ▲ +46.5% |
| 2008 | 1.67x | $519.56 Million | $311.40 Million | ▼ -54.1% |
| 2007 | 3.64x | $778.84 Million | $214.15 Million | ▲ +181.1% |
| 2006 | 1.29x | $723.19 Million | $559.06 Million | ▲ +38.2% |
| 2005 | 0.94x | $461.76 Million | $493.24 Million | ▼ -30.6% |
| 2004 | 1.35x | $797.45 Million | $590.88 Million | ▲ +4.2% |
| 2003 | 1.30x | $592.94 Million | $457.58 Million | ▼ -16.4% |
| 2002 | 1.55x | $625.34 Million | $403.58 Million | ▼ -54.6% |
| 2001 | 3.41x | $706.40 Million | $207.16 Million | ▲ +176.8% |
| 2000 | 1.23x | $412.21 Million | $334.54 Million | ▲ +73.1% |
| 1999 | 0.71x | $327.70 Million | $460.30 Million | ▼ -37.7% |
| 1998 | 1.14x | $389.70 Million | $340.90 Million | ▼ -19.4% |
| 1997 | 1.42x | $476.90 Million | $336.30 Million | ▼ -16.5% |
| 1996 | 1.70x | $463.70 Million | $273.20 Million | ▼ -3.3% |
| 1995 | 1.76x | $494.90 Million | $281.90 Million | ▼ -4.1% |
| 1994 | 1.83x | $337.30 Million | $184.20 Million | ▲ +43.6% |
| 1993 | 1.27x | $378.90 Million | $297.20 Million | ▲ +4.4% |
| 1992 | 1.22x | $296.20 Million | $242.60 Million | ▼ -22.8% |
| 1991 | 1.58x | $347.30 Million | $219.50 Million | ▲ +61.3% |
| 1990 | 0.98x | $211.80 Million | $215.90 Million | ▼ -36.8% |
| 1989 | 1.55x | $265.60 Million | $171.10 Million | — |