Hershey Co (HSY) — Cash Flow Reinvestment Rate
Latest as of March 2026:
0.24x
Hershey Co (HSY) has a Cash Flow Reinvestment Rate of 0.24x as of March 2026, reinvesting $114.60 Million (capex $114.60 Million ) from operating cash flow of $468.81 Million. Check HSY operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
0.24x
(Capex + Investments) / Operating CF
Total Reinvested
$114.60 Million
Capex + Investments
Operating Cash Flow
$468.81 Million
USD
Capital Expenditures
$114.60 Million
USD
Hershey Co Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for Hershey Co across 37 annual periods. Explore Hershey Co long-term investment intensity to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Hershey Co (1989–2025)
Year-by-year capital reinvestment analysis for Hershey Co. For live market cap and broader valuation context, see HSY market cap overview.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.23x | $528.22 Million | $2.28 Billion | $528.22 Million | ▼ -62.5% |
| 2024 | 0.62x | $1.57 Billion | $2.53 Billion | $605.94 Million | ▼ -19.4% |
| 2023 | 0.77x | $1.78 Billion | $2.32 Billion | $771.11 Million | ▲ +124.9% |
| 2022 | 0.34x | $795.01 Million | $2.33 Billion | $519.48 Million | ▲ +13.9% |
| 2021 | 0.30x | $624.29 Million | $2.08 Billion | $495.88 Million | ▼ -3.7% |
| 2020 | 0.31x | $528.84 Million | $1.70 Billion | $441.63 Million | ▲ +37.7% |
| 2019 | 0.23x | $398.42 Million | $1.76 Billion | $318.19 Million | ▼ -5.2% |
| 2018 | 0.24x | $381.24 Million | $1.60 Billion | $328.60 Million | ▼ -11.5% |
| 2017 | 0.27x | $336.27 Million | $1.25 Billion | $257.68 Million | ▼ -15.6% |
| 2016 | 0.32x | $313.73 Million | $983.48 Million | $269.48 Million | ▼ -8.1% |
| 2015 | 0.35x | $421.41 Million | $1.21 Billion | $356.81 Million | ▼ -37.8% |
| 2014 | 0.56x | $467.92 Million | $838.22 Million | $370.79 Million | ▲ +80.8% |
| 2013 | 0.31x | $366.91 Million | $1.19 Billion | $350.91 Million | ▲ +12.3% |
| 2012 | 0.27x | $300.97 Million | $1.09 Billion | $277.97 Million | ▼ -54.1% |
| 2011 | 0.60x | $347.57 Million | $580.87 Million | $347.57 Million | ▲ +167.7% |
| 2010 | 0.22x | $201.49 Million | $901.42 Million | $201.49 Million | ▲ +63.8% |
| 2009 | 0.14x | $145.47 Million | $1.07 Billion | $145.47 Million | ▼ -74.9% |
| 2008 | 0.54x | $282.98 Million | $519.56 Million | $282.98 Million | ▲ +108.0% |
| 2007 | 0.26x | $203.89 Million | $778.84 Million | $203.89 Million | ▼ -4.6% |
| 2006 | 0.27x | $198.51 Million | $723.19 Million | $198.51 Million | ▼ -34.8% |
| 2005 | 0.42x | $194.31 Million | $461.76 Million | $194.31 Million | ▲ +71.3% |
| 2004 | 0.25x | $195.89 Million | $797.45 Million | $195.89 Million | ▼ -33.4% |
| 2003 | 0.37x | $218.65 Million | $592.94 Million | $218.65 Million | ▲ +73.7% |
| 2002 | 0.21x | $132.74 Million | $625.34 Million | $132.74 Million | ▼ -6.3% |
| 2001 | 0.23x | $160.10 Million | $706.40 Million | $160.10 Million | ▼ -32.5% |
| 2000 | 0.34x | $138.33 Million | $412.21 Million | $138.33 Million | ▼ -4.7% |
| 1999 | 0.35x | $115.40 Million | $327.70 Million | $115.40 Million | ▼ -14.9% |
| 1998 | 0.41x | $161.30 Million | $389.70 Million | $161.30 Million | ▲ +14.2% |
| 1997 | 0.36x | $172.90 Million | $476.90 Million | $172.90 Million | ▼ -71.8% |
| 1996 | 1.29x | $596.60 Million | $463.70 Million | $596.60 Million | ▲ +315.9% |
| 1995 | 0.31x | $153.10 Million | $494.90 Million | $153.10 Million | ▼ -24.8% |
| 1994 | 0.41x | $138.70 Million | $337.30 Million | $138.70 Million | ▼ -58.6% |
| 1993 | 0.99x | $376.40 Million | $378.90 Million | $376.40 Million | ▲ +17.8% |
| 1992 | 0.84x | $249.80 Million | $296.20 Million | $249.80 Million | ▲ +29.5% |
| 1991 | 0.65x | $226.10 Million | $347.30 Million | $226.10 Million | ▼ -23.1% |
| 1990 | 0.85x | $179.40 Million | $211.80 Million | $179.40 Million | ▲ +38.9% |
| 1989 | 0.61x | $162.00 Million | $265.60 Million | $162.00 Million | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow