Is it safe?
Can HSY take a bad year?
Hershey Company (The) carries $4.48B of net debt at 2.01× EBITDA: a load its earnings can carry.
$4.48B
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 2.01×
Net debt / EBITDA · 1.65× a year ago · the load is going up
- Interest cover
- 7.48×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 28%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ1 2026
- $5.36B
- Cash and short-term investments
- $877M
- Net debt
- $4.48B
- EBITDA, trailing twelve months
- $2.23B
- Operating profit, trailing twelve months
- $1.71B
- Debt / equity
- 1.13×
- Total debt / EBITDA
- 2.40×
- Annualised volatilitytwo years of daily moves
- 28%
- Worst drawdown on file
- −45%
- Below its 52-week high
- −21%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Consumer Defensive
Ranks #3 of 106 by Smart Score