COMP <GO>
HSY vs PEP // ALTMAN Z-SCORE & DEBT/EQUITY
The Hershey Company (NYSE) VS. PepsiCo Inc. (NASDAQ) • 15-METRIC TALLY: HSY 6
— PEP 9
▲ ALTMAN Z-SCORE & DEBT/EQUITY LEADER: HSY
LAST: $165.61 (+3.33%) • MKT CAP: $32.20B
balance-sheet
3.93
LAST: $137.34 (+2.65%) • MKT CAP: $182.32B
balance-sheet
3.38
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (HSY VS. PEP)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | HSY | PEP | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 33.50% | 54.10% | -20.60 | PEP | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 14.80% | 17.00% | -2.20 | PEP | /roic <GO> |
| EV/EBITDA & P/E Valuation | 19.3x | 14.3x | +5.00 | PEP | /valuation <GO> |
| Free Cash Flow Yield | 5.66% | 4.31% | +1.35 | HSY | /fcf-yield <GO> |
| Operating Margin | 12.30% | 12.20% | +0.10 | HSY | /operating-margins <GO> |
| Net Profit Margin | 7.60% | 8.80% | -1.20 | PEP | /net-margins <GO> |
| Revenue Growth (YoY) | 4.40% | 2.30% | +2.10 | HSY | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 3.37% | 4.19% | -0.82 | PEP | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity ACTIVE | 3.93 | 3.38 | +0.55 | HSY | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 5/9 | +2.00 | HSY | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 7.20% | 6.50% | +0.70 | PEP | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 48.4 | 61.1 | -12.71 | PEP | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.08 | 0.89 | +0.19 | HSY | /macro-sensitivity <GO> |
| Forward P/E Multiple | 33.9x | 20.6x | +13.30 | PEP | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $32.20B | $182.32B | -$150.12B | PEP | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | HSY REV | PEP REV | HSY GROSS % | PEP GROSS % | HSY FCF | PEP FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $11.69B | $93.92B | 33.5% | 54.1% | $1.82B | $7.86B |
| FY 2024 | $11.20B | $91.85B | 47.3% | 54.6% | $1.93B | $8.37B |
| FY 2023 | $11.16B | $91.47B | 44.0% | 44.0% | $1.82B | $9.33B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
HSY // BETA 1.08
PEP // BETA 0.89