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. Explore how much does Hershey Co reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore HSY total asset value for the complete picture of this company's asset base.
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.
| 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