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 cash flow reinvestment rate of Hershey Co to assess the company's total reinvestment commitment from operating cash flow.
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. For the full cash flow conversion analysis, see Hershey Co (HSY) cash flow conversion.
Annual Financial Flexibility Index for Hershey Co (1989–2025)
Year-by-year free cash flow to debt coverage for Hershey Co. Explore HSY cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| 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 | — |