HSY

Stock

The Hershey Company

Rare

Rare — pay attention.

The Hershey Company is 32.9% off its high, 1165 days in — deeper than the vast majority of its 265 recorded drawdowns. This is the kind of decline the severity score exists to flag.

Price $171.65 · as of Jul 9, 2026All-time high $255.98Drawdown -32.9%Severity Score™ 7.1
🔴

Very Strong

Current Drawdown

-32.9%

Days in Drawdown

1165

Avg Max Drawdown

4.1%

Avg Length

49

Drawdown Severity Score™

7.1

HSY - Price & High Water Mark

HSY - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 8, 2026 · updated daily

Where today's valuation sits within HSY's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

3.0xTypical Range · 51st percentile
Low: 1.4xMedian: 3.0xHigh: 5.3x

20 years of daily history

43.5% below its highest Price to Sales reading · 8.4x typical multiple drawdown · high date April 20, 2022

Price to Sales history

EV to EBITDA

18.3xAbove Typical · 83rd percentile
Low: 10.7xMedian: 14.9xHigh: 27.3x

20 years of daily history

33.0% below its highest EV to EBITDA reading · 3.5x typical multiple drawdown · high date February 27, 2026

EV to EBITDA history · log scale

How we measure valuation

The Hershey Company (HSY) Analysis: Current Drawdown Insights

The Hershey Company is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $171.65, which represents a 32.9% decline from its all-time high of $255.98. This drawdown has persisted for 1165 days.

Based on its full tracked price history, The Hershey Company typically experiences drawdowns averaging 4.1% in depth, with an average duration of 49 days. The Hershey Company has gone through 265 total drawdown events in its tracked history. The largest drawdown on record for The Hershey Company was 49.2%, beginning in 2005. The longest drawdown duration on record was 2160 days.

The Drawdown Severity Score™ for The Hershey Company currently stands at 7.13. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 5.0 and 8.0 indicates a rare, significant drawdown: the asset seldom sees declines at this level in its tracked history.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing The Hershey Company's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 265 tracked pullbacks (68 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2023-05-01Ongoing1165 days-32.9%$255.98$171.65n/a
2023-04-282023-05-014 days-0.1%$253.18$252.93$255.98
2023-04-262023-04-272 days-0.5%$243.60$242.46$253.18
2023-04-102023-04-2011 days-1.4%$240.71$237.39$241.22
2023-03-292023-03-302 days-0.1%$234.26$233.98$234.62
2023-03-172023-03-248 days-0.9%$226.94$224.85$229.59
2023-02-222023-03-1420 days-1.8%$223.14$219.21$224.16
2022-12-092023-02-1771 days-11.1%$222.55$197.84$222.95
2022-10-312022-12-0839 days-9.4%$220.28$199.48$222.55
2022-10-262022-10-272 days-0.6%$214.91$213.69$215.20
2022-08-252022-10-2562 days-5.9%$214.24$201.60$214.91
2022-08-222022-08-243 days-0.8%$214.05$212.44$214.24
2022-08-172022-08-182 days-0.1%$210.84$210.62$211.73
2022-08-022022-08-1514 days-2.0%$209.98$205.78$210.48
2022-04-212022-08-01103 days-11.6%$208.98$184.83$209.98
2022-04-132022-04-197 days-0.7%$205.65$204.19$206.52
2022-04-042022-04-063 days-1.0%$199.05$197.01$201.76
2022-03-312022-04-012 days-0.0%$197.12$197.11$199.05
2022-03-082022-03-2517 days-4.4%$194.15$185.62$195.05
2022-02-092022-03-0222 days-4.5%$187.51$179.07$189.28
2022-02-042022-02-074 days-0.6%$184.72$183.68$185.43
2022-01-242022-02-0311 days-3.1%$181.48$175.85$184.72
2022-01-202022-01-212 days-0.2%$180.84$180.41$181.48
2022-01-182022-01-192 days-0.6%$180.74$179.64$180.84
2022-01-062022-01-149 days-1.5%$178.45$175.76$180.74
2022-01-032022-01-042 days-0.1%$175.25$175.02$176.51
2021-12-172021-12-3115 days-2.5%$174.04$169.69$175.25
2021-12-142021-12-152 days-0.5%$170.88$170.02$171.90
2021-11-242021-12-0815 days-3.7%$165.05$158.98$165.97
2021-10-152021-11-2340 days-4.1%$164.22$157.44$165.05
2021-08-182021-10-1458 days-6.9%$163.33$152.03$164.22
2021-07-212021-08-1627 days-2.1%$161.67$158.28$162.46
2021-07-192021-07-202 days-0.3%$161.41$160.90$161.67
2021-07-132021-07-142 days-0.5%$158.56$157.77$159.24
2021-07-082021-07-092 days-0.4%$158.34$157.64$158.50
2021-06-282021-07-0710 days-1.8%$157.04$154.24$158.34
2021-06-072021-06-2519 days-2.6%$156.84$152.78$157.04
2021-05-262021-06-0410 days-1.2%$156.68$154.82$156.84
2021-05-192021-05-202 days-0.3%$154.23$153.77$155.22
2021-05-142021-05-174 days-0.3%$153.16$152.73$153.96
2021-05-112021-05-133 days-1.6%$152.01$149.59$153.16
2021-05-072021-05-104 days-0.1%$150.51$150.39$152.01
2021-04-222021-04-298 days-2.6%$145.44$141.66$146.58
2021-03-302021-04-2022 days-1.8%$143.82$141.17$144.77
2020-03-052021-03-26386 days-30.8%$140.53$97.29$142.16
2020-02-242020-03-0410 days-10.2%$139.98$125.72$140.53
2019-09-052020-02-20169 days-13.1%$139.51$121.27$139.79
2019-08-292019-09-047 days-1.6%$138.72$136.57$139.51
2019-08-232019-08-264 days-0.9%$136.90$135.74$137.48
2019-08-202019-08-212 days-0.8%$135.71$134.60$136.56
2019-08-132019-08-197 days-2.2%$134.10$131.11$135.71
2017-12-202019-03-01437 days-21.9%$95.43$74.51$96.01
2016-08-232017-05-19270 days-16.5%$90.90$75.94$90.95
2015-01-232016-06-30524 days-23.3%$85.22$65.40$90.58
2014-02-252014-12-23302 days-18.0%$81.78$67.04$82.03
2005-05-172011-04-152160 days-49.2%$40.37$20.52$40.58
2002-07-302003-11-04463 days-22.0%$22.86$17.83$22.88
2002-02-262002-07-25149 days-20.1%$20.63$16.49$22.52
1998-10-232002-02-201217 days-49.0%$20.25$10.34$20.28
1998-04-131998-10-22193 days-20.2%$20.25$16.15$20.25
1996-11-271997-03-19113 days-17.1%$13.35$11.07$13.57
1993-03-091995-04-13765 days-24.0%$6.68$5.07$6.77
1992-01-061992-07-21197 days-12.9%$5.20$4.53$5.22
1991-06-031991-12-30211 days-14.9%$5.04$4.29$5.17
1990-07-311990-12-12135 days-13.1%$4.38$3.81$4.40
1989-11-201990-06-07199 days-19.9%$4.01$3.21$4.01
1987-10-081989-07-27659 days-40.5%$3.79$2.25$3.80
1986-08-251987-08-13354 days-28.6%$3.03$2.17$3.12
1985-12-051986-02-1472 days-14.2%$1.83$1.57$1.83

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

The Hershey Company (HSY) is trading at $171.65 as of Jul 9, 2026. It is 32.9% below its high of $255.98. The drawdown has lasted 1,165 days. Severity score: 7.1 (Very Strong).

HSY Price History and Drawdown Data

Latest price

$171.65

High-water mark

$255.98

Current drawdown

-32.9%

Days in drawdown

1,165

This HSY page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior The Hershey Company drawdowns.

What History Says About HSY

The Hershey Company has dropped 25%+ from its high 5 times in its tracked history. These events lasted an average of 955 days with an average max drop of -39.6%.

The current drawdown of -32.9% has lasted 1,165 days, which is 1.2x the average duration of comparable events.

PeriodMax DropDuration
May 2005 to Apr 2011-49.2%2160 days
Oct 1998 to Feb 2002-49.0%1217 days
Oct 1987 to Jul 1989-40.5%659 days
Mar 2020 to Mar 2021-30.8%386 days
Aug 1986 to Aug 1987-28.6%354 days

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