Hershey Co (HSY) — Free Cash Flow Generation Index
Latest as of March 2026:
0.76x
Hershey Co (HSY) has a Free Cash Flow Generation Index of 0.76x as of March 2026. Free cash flow of $354.21 Million represents 1% of operating cash flow ($468.81 Million). Read debt load of Hershey Co for a breakdown of total debt and financial obligations.
FCF Generation Index
0.76x
Free Cash Flow / Operating CF
Free Cash Flow
$354.21 Million
USD
Operating Cash Flow
$468.81 Million
USD
Capital Expenditures
$114.60 Million
USD
Hershey Co Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for Hershey Co across 37 annual periods. Explore capital reinvestment ratio of Hershey Co to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Hershey Co (1989–2025)
Year-by-year Free Cash Flow Generation Index for Hershey Co. For the full company profile including market capitalisation, see Hershey Co (HSY) total market value.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.77x | $1.75 Billion | $2.28 Billion | $528.22 Million | ▲ +1.0% |
| 2024 | 0.76x | $1.93 Billion | $2.53 Billion | $605.94 Million | ▲ +13.9% |
| 2023 | 0.67x | $1.55 Billion | $2.32 Billion | $771.11 Million | ▼ -14.0% |
| 2022 | 0.78x | $1.81 Billion | $2.33 Billion | $519.48 Million | ▲ +2.0% |
| 2021 | 0.76x | $1.59 Billion | $2.08 Billion | $495.88 Million | ▲ +2.9% |
| 2020 | 0.74x | $1.26 Billion | $1.70 Billion | $441.63 Million | ▼ -9.7% |
| 2019 | 0.82x | $1.45 Billion | $1.76 Billion | $318.19 Million | ▲ +3.1% |
| 2018 | 0.79x | $1.27 Billion | $1.60 Billion | $328.60 Million | ▲ +0.1% |
| 2017 | 0.79x | $991.84 Million | $1.25 Billion | $257.68 Million | ▲ +9.3% |
| 2016 | 0.73x | $714.00 Million | $983.48 Million | $269.48 Million | ▲ +2.8% |
| 2015 | 0.71x | $857.65 Million | $1.21 Billion | $356.81 Million | ▲ +26.6% |
| 2014 | 0.56x | $467.43 Million | $838.22 Million | $370.79 Million | ▼ -20.9% |
| 2013 | 0.70x | $837.49 Million | $1.19 Billion | $350.91 Million | ▼ -5.5% |
| 2012 | 0.75x | $816.86 Million | $1.09 Billion | $277.97 Million | ▲ +85.8% |
| 2011 | 0.40x | $233.30 Million | $580.87 Million | $347.57 Million | ▼ -48.3% |
| 2010 | 0.78x | $699.94 Million | $901.42 Million | $201.49 Million | ▼ -10.1% |
| 2009 | 0.86x | $920.28 Million | $1.07 Billion | $145.47 Million | ▲ +89.6% |
| 2008 | 0.46x | $236.58 Million | $519.56 Million | $282.98 Million | ▼ -38.3% |
| 2007 | 0.74x | $574.94 Million | $778.84 Million | $203.89 Million | ▲ +1.8% |
| 2006 | 0.73x | $524.68 Million | $723.19 Million | $198.51 Million | ▲ +25.3% |
| 2005 | 0.58x | $267.46 Million | $461.76 Million | $194.31 Million | ▼ -23.2% |
| 2004 | 0.75x | $601.56 Million | $797.45 Million | $195.89 Million | ▲ +19.5% |
| 2003 | 0.63x | $374.29 Million | $592.94 Million | $218.65 Million | ▼ -19.9% |
| 2002 | 0.79x | $492.61 Million | $625.34 Million | $132.74 Million | ▲ +1.9% |
| 2001 | 0.77x | $546.30 Million | $706.40 Million | $160.10 Million | ▲ +16.4% |
| 2000 | 0.66x | $273.88 Million | $412.21 Million | $138.33 Million | ▲ +2.6% |
| 1999 | 0.65x | $212.30 Million | $327.70 Million | $115.40 Million | ▲ +10.5% |
| 1998 | 0.59x | $228.40 Million | $389.70 Million | $161.30 Million | ▼ -8.1% |
| 1997 | 0.64x | $304.00 Million | $476.90 Million | $172.90 Million | ▲ +322.4% |
| 1996 | -0.29x | $-132.90 Million | $463.70 Million | $596.60 Million | ▼ -141.5% |
| 1995 | 0.69x | $341.80 Million | $494.90 Million | $153.10 Million | ▲ +17.3% |
| 1994 | 0.59x | $198.60 Million | $337.30 Million | $138.70 Million | ▲ +8823.8% |
| 1993 | 0.01x | $2.50 Million | $378.90 Million | $376.40 Million | ▼ -95.8% |
| 1992 | 0.16x | $46.40 Million | $296.20 Million | $249.80 Million | ▼ -55.1% |
| 1991 | 0.35x | $121.20 Million | $347.30 Million | $226.10 Million | ▲ +128.1% |
| 1990 | 0.15x | $32.40 Million | $211.80 Million | $179.40 Million | ▼ -60.8% |
| 1989 | 0.39x | $103.60 Million | $265.60 Million | $162.00 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).