Conagra Brands vs Hershey
Conagra Brands and Hershey are similar in size: $11.28bn and $11.69bn of revenue in their latest fiscal years. Hershey grew faster (4.4% against -2.9%). Hershey kept more of each dollar of sales as profit: a net margin of 7.6% against -17.0%.
| Latest fiscal year | Conagra BrandsCAG, 2026 | HersheyHSY, 2025 |
|---|---|---|
| Revenue | $11.28bn | $11.69bn |
| Revenue growth | -2.9% | 4.4% |
| Net income | −$1.92bn | $883m |
| Operating margin | — | 12.3% |
| Net margin | -17.0% | 7.6% |
| Return on equity | -25.1% | 18.9% |
| Free cash flow | $979m | $1.82bn |
| Cash | $218m | $926m |
| Total debt | $7.27bn | $5.40bn |
| Debt to equity | — | 116.5% |
| Dividend per share | $1.40 | — |
| Dividend yield | 9.4% | 4.5% |
| Share buybacks | $15.3m | $0 |
| Employees | 18,600 | — |
| Market value | $6.92bn | $24.58bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 53 (Moderate) | 87 (Strong) |
| Insider trades, 12 months | 3 buys, 1 sales | 3 buys, 794 sales |