Hershey Co (HSY) — Financial Flexibility Index
Hershey Co (HSY) has a Financial Flexibility Index of 0.06x as of March 2026. Free cash flow of $583.40 Million (operating CF $468.81 Million minus capex $114.60 Million) represents 0% of total liabilities ($9.11 Billion). Check Hershey Co PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Hershey Co Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Hershey Co across 37 annual periods. See Hershey Co working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Hershey Co (1989–2025)
Year-by-year free cash flow to debt coverage for Hershey Co. For the full company profile including market capitalisation, see HSY stock market capitalisation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.31x | $2.81 Billion | $2.28 Billion | $9.10 Billion | ▼ -19.1% |
| 2024 | 0.38x | $3.14 Billion | $2.53 Billion | $8.23 Billion | ▼ -3.9% |
| 2023 | 0.40x | $3.09 Billion | $2.32 Billion | $7.80 Billion | ▲ +6.5% |
| 2022 | 0.37x | $2.85 Billion | $2.33 Billion | $7.65 Billion | ▲ +10.5% |
| 2021 | 0.34x | $2.58 Billion | $2.08 Billion | $7.66 Billion | ▲ +8.5% |
| 2020 | 0.31x | $2.14 Billion | $1.70 Billion | $6.89 Billion | ▼ -4.6% |
| 2019 | 0.33x | $2.08 Billion | $1.76 Billion | $6.40 Billion | ▲ +6.3% |
| 2018 | 0.31x | $1.93 Billion | $1.60 Billion | $6.30 Billion | ▼ -6.1% |
| 2017 | 0.33x | $1.51 Billion | $1.25 Billion | $4.62 Billion | ▲ +22.2% |
| 2016 | 0.27x | $1.25 Billion | $983.48 Million | $4.70 Billion | ▼ -27.0% |
| 2015 | 0.37x | $1.57 Billion | $1.21 Billion | $4.30 Billion | ▲ +24.1% |
| 2014 | 0.29x | $1.21 Billion | $838.22 Million | $4.10 Billion | ▼ -28.4% |
| 2013 | 0.41x | $1.54 Billion | $1.19 Billion | $3.74 Billion | ▲ +11.1% |
| 2012 | 0.37x | $1.37 Billion | $1.09 Billion | $3.71 Billion | ▲ +41.2% |
| 2011 | 0.26x | $928.43 Million | $580.87 Million | $3.54 Billion | ▼ -20.7% |
| 2010 | 0.33x | $1.10 Billion | $901.42 Million | $3.34 Billion | ▼ -20.4% |
| 2009 | 0.42x | $1.21 Billion | $1.07 Billion | $2.91 Billion | ▲ +70.1% |
| 2008 | 0.24x | $802.54 Million | $519.56 Million | $3.28 Billion | ▼ -9.9% |
| 2007 | 0.27x | $982.73 Million | $778.84 Million | $3.62 Billion | ▲ +2.2% |
| 2006 | 0.27x | $921.71 Million | $723.19 Million | $3.47 Billion | ▲ +32.4% |
| 2005 | 0.20x | $656.07 Million | $461.76 Million | $3.27 Billion | ▼ -45.4% |
| 2004 | 0.37x | $993.34 Million | $797.45 Million | $2.71 Billion | ▲ +4.1% |
| 2003 | 0.35x | $811.59 Million | $592.94 Million | $2.30 Billion | ▼ -2.0% |
| 2002 | 0.36x | $758.08 Million | $625.34 Million | $2.11 Billion | ▼ -12.9% |
| 2001 | 0.41x | $866.51 Million | $706.40 Million | $2.10 Billion | ▲ +70.3% |
| 2000 | 0.24x | $550.54 Million | $412.21 Million | $2.27 Billion | ▲ +22.9% |
| 1999 | 0.20x | $443.10 Million | $327.70 Million | $2.25 Billion | ▼ -15.5% |
| 1998 | 0.23x | $551.00 Million | $389.70 Million | $2.36 Billion | ▼ -12.5% |
| 1997 | 0.27x | $649.80 Million | $476.90 Million | $2.44 Billion | ▼ -49.1% |
| 1996 | 0.52x | $1.06 Billion | $463.70 Million | $2.02 Billion | ▲ +41.3% |
| 1995 | 0.37x | $648.00 Million | $494.90 Million | $1.75 Billion | ▲ +12.9% |
| 1994 | 0.33x | $476.00 Million | $337.30 Million | $1.45 Billion | ▼ -37.3% |
| 1993 | 0.52x | $755.30 Million | $378.90 Million | $1.44 Billion | ▲ +15.8% |
| 1992 | 0.45x | $546.00 Million | $296.20 Million | $1.21 Billion | ▼ -20.6% |
| 1991 | 0.57x | $573.40 Million | $347.30 Million | $1.01 Billion | ▲ +21.6% |
| 1990 | 0.47x | $391.20 Million | $211.80 Million | $835.30 Million | ▼ -23.7% |
| 1989 | 0.61x | $427.60 Million | $265.60 Million | $697.00 Million | — |