CCEP vs. HSY: Coca-Cola Europacific Partners vs. Hershey Stock Comparison

November 11, 2026

How do Coca-Cola Europacific Partners (CCEP) and Hershey (HSY) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Coca-Cola Europacific Partners (CCEP) and Hershey (HSY) both fall under the Food, Beverage & Tobacco industry group, but CCEP is classified in Beverages while HSY is classified in Food Products.

Company profile comparison for Coca-Cola Europacific Partners (CCEP) and Hershey (HSY)
Profile Item	CCEP	HSY
Name	Coca-Cola Europacific Partners PLC	The Hershey Company Common Stock
Country/Region	United Kingdom	United States
GICS Sector	Consumer Staples	Consumer Staples
GICS Industry Group	Food, Beverage & Tobacco	Food, Beverage & Tobacco
GICS Industry	Beverages	Food Products
GICS Sub-Industry	Soft Drinks & Non-alcoholic Beverages	Packaged Foods & Meats
Market Capitalization	50.97 billion USD	35.79 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	November 24, 1986	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CCEP

HSY

GSPC

Coca-Cola Europacific Partners (CCEP) vs. Hershey (HSY), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Coca-Cola Europacific Partners (CCEP) and Hershey (HSY). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Coca-Cola Europacific Partners (CCEP) and Hershey (HSY). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Coca-Cola Europacific Partners (CCEP) and Hershey (HSY)
Metric	CCEP	HSY
Total Return (1Y)	30.88%	3.76%
Total Return (3Y, Annualized)	27.90%	-0.13%
Total Return (5Y, Annualized)	18.79%	2.04%

Risk Profile

Drawdown History

CCEP

HSY

GSPC

Coca-Cola Europacific Partners (CCEP) vs. Hershey (HSY), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Coca-Cola Europacific Partners (CCEP) and Hershey (HSY). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Coca-Cola Europacific Partners (CCEP) and Hershey (HSY)
Metric	CCEP	HSY
Volatility (1Y, Annualized)	23.77%	27.95%
Beta (5Y)	0.53	0.07
Max Drawdown (5Y)	-28.16%	-45.25%
Avg. Volume (3M)	1.74M	1.48M

Risk-Adjusted Performance

Risk-Return Positioning

CCEP and HSY are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Coca-Cola Europacific Partners (CCEP) and Hershey (HSY)
Metric	CCEP	HSY
Sharpe Ratio (1Y)	1.12	-0.02
Sortino Ratio (1Y)	1.73	-0.03

Profitability

ROE (TTM)

Both companies show strong equity returns, but Hershey (HSY) at 38.00% is the standout with ROE above its industry range; Coca-Cola Europacific Partners (CCEP) at 23.54% also sits in the top quartile.

CCEP

Food, Beverage & Tobacco industry group

23.54%

Max: 32.02%
CCEP: 23.54%
Q3: 16.61%
Median: 10.05%
Q1: 4.10%
Min: -10.50%

HSY

Food, Beverage & Tobacco industry group

38.00%

HSY: 38.00%
Max: 32.02%
Q3: 16.61%
Median: 10.05%
Q1: 4.10%
Min: -10.50%

Coca-Cola Europacific Partners (CCEP) vs. Hershey (HSY): A comparison of their ROE against the Food, Beverage & Tobacco industry group benchmark.

Net Margin (TTM)

Hershey (HSY) at 14.63% retains a top-quartile share of revenue as profit, ahead of Coca-Cola Europacific Partners (CCEP) at 9.35%, which keeps about the industry-typical share.

CCEP

Food, Beverage & Tobacco industry group

9.35%

Max: 24.83%
Q3: 11.22%
CCEP: 9.35%
Median: 5.94%
Q1: 2.05%
Min: -11.49%

HSY

Food, Beverage & Tobacco industry group

14.63%

Max: 24.83%
HSY: 14.63%
Q3: 11.22%
Median: 5.94%
Q1: 2.05%
Min: -11.49%

Coca-Cola Europacific Partners (CCEP) vs. Hershey (HSY): A comparison of their net margin against the Food, Beverage & Tobacco industry group benchmark.

Operating Margin (TTM)

Hershey (HSY) at 25.55% operates in the top operating margin quartile, ahead of Coca-Cola Europacific Partners (CCEP) at 13.40%, which runs around its industry’s norm.

CCEP

Food, Beverage & Tobacco industry group

13.40%

Max: 34.91%
Q3: 17.57%
CCEP: 13.40%
Median: 11.06%
Q1: 4.15%
Min: -15.06%

HSY

Food, Beverage & Tobacco industry group

25.55%

Max: 34.91%
HSY: 25.55%
Q3: 17.57%
Median: 11.06%
Q1: 4.15%
Min: -15.06%

Coca-Cola Europacific Partners (CCEP) vs. Hershey (HSY): A comparison of their operating margin against the Food, Beverage & Tobacco industry group benchmark.

Profitability Metrics

Profitability metrics for Coca-Cola Europacific Partners (CCEP) and Hershey (HSY)
Metric	CCEP	HSY
ROE (TTM)	23.54%	38.00%
ROA (TTM)	5.64%	11.82%
Net Margin (TTM)	9.35%	14.63%
Operating Margin (TTM)	13.40%	25.55%
Gross Margin (TTM)	35.57%	41.95%

Growth

Revenue Growth

Both Coca-Cola Europacific Partners (CCEP) at 2.27% and Hershey (HSY) at 4.38% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Coca-Cola Europacific Partners (CCEP) vs. Hershey (HSY): A comparison of their Revenue Growth across different time periods.

EPS Growth

Coca-Cola Europacific Partners (CCEP) at 38.31% sits in the top EPS growth quartile, while Hershey (HSY) at -60.26% is in the bottom quartile, showing a clear gap in earnings momentum.

Coca-Cola Europacific Partners (CCEP) vs. Hershey (HSY): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Coca-Cola Europacific Partners (CCEP) and Hershey (HSY)
Metric	CCEP	HSY
Revenue Growth (YoY)	2.27%	4.38%
Revenue Growth (3Y CAGR)	6.46%	3.92%
EPS Growth (YoY)	38.31%	-60.26%
EPS Growth (3Y CAGR)	8.99%	-18.31%

Financial Strength

Current Ratio (MRQ)

Hershey (HSY) at 1.24 keeps current ratio within its industry’s typical mid-range, while Coca-Cola Europacific Partners (CCEP) at 0.89 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for CCEP.

CCEP

Food, Beverage & Tobacco industry group

0.89

Max: 4.01
Q3: 2.35
Median: 1.53
Q1: 1.02
CCEP: 0.89
Min: 0.33

HSY

Food, Beverage & Tobacco industry group

1.24

Max: 4.01
Q3: 2.35
Median: 1.53
HSY: 1.24
Q1: 1.02
Min: 0.33

Coca-Cola Europacific Partners (CCEP) vs. Hershey (HSY): A comparison of their current ratio against the Food, Beverage & Tobacco industry group benchmark.

Debt / Equity (MRQ)

Hershey (HSY) at 1.11 carries an industry-typical debt-to-equity mix, while Coca-Cola Europacific Partners (CCEP) at 1.39 uses more debt funding than most peers.

CCEP

Food, Beverage & Tobacco industry group

1.39

Max: 2.19
CCEP: 1.39
Q3: 1.11
Median: 0.68
Q1: 0.33
Min: 0.00

HSY

Food, Beverage & Tobacco industry group

1.11

Max: 2.19
HSY: 1.11
Q3: 1.11
Median: 0.68
Q1: 0.33
Min: 0.00

Coca-Cola Europacific Partners (CCEP) vs. Hershey (HSY): A comparison of their debt-to-equity ratio against the Food, Beverage & Tobacco industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Coca-Cola Europacific Partners (CCEP) and Hershey (HSY)
Metric	CCEP	HSY
Current Ratio (MRQ)	0.89	1.24
Debt / Equity (MRQ)	1.39	1.11
Net Debt / EBITDA	2.89	1.52

Dividends

Dividend Yield (TTM)

Both Coca-Cola Europacific Partners (CCEP) at 1.76% and Hershey (HSY) at 3.23% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

CCEP

Food, Beverage & Tobacco industry group

1.76%

Max: 9.38%
Q3: 3.77%
CCEP: 1.76%
Median: 1.76%
Q1: 0.00%
Min: 0.00%

HSY

Food, Beverage & Tobacco industry group

3.23%

Max: 9.38%
Q3: 3.77%
HSY: 3.23%
Median: 1.76%
Q1: 0.00%
Min: 0.00%

Coca-Cola Europacific Partners (CCEP) vs. Hershey (HSY): A comparison of their dividend yield against the Food, Beverage & Tobacco industry group benchmark.

Dividend Payout Ratio (TTM)

Both Coca-Cola Europacific Partners (CCEP) at 46.62% and Hershey (HSY) at 64.77% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

CCEP

Food, Beverage & Tobacco industry group

46.62%

Max: 199.19%
Q3: 81.03%
CCEP: 46.62%
Median: 41.52%
Q1: 0.00%
Min: 0.00%

HSY

Food, Beverage & Tobacco industry group

64.77%

Max: 199.19%
Q3: 81.03%
HSY: 64.77%
Median: 41.52%
Q1: 0.00%
Min: 0.00%

Coca-Cola Europacific Partners (CCEP) vs. Hershey (HSY): A comparison of their payout ratio against the Food, Beverage & Tobacco industry group benchmark.

Dividend Metrics

Dividend metrics for Coca-Cola Europacific Partners (CCEP) and Hershey (HSY)
Metric	CCEP	HSY
Dividend Yield (TTM)	1.76%	3.23%
Dividend Payout Ratio (TTM)	46.62%	64.77%

Valuation

P/E Ratio (TTM)

Both Coca-Cola Europacific Partners (CCEP) at 22.42 and Hershey (HSY) at 20.14 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

CCEP

Food, Beverage & Tobacco industry group

22.42

Max: 52.52
Q3: 30.78
CCEP: 22.42
Median: 18.76
Q1: 12.77
Min: 4.72

HSY

Food, Beverage & Tobacco industry group

20.14

Max: 52.52
Q3: 30.78
HSY: 20.14
Median: 18.76
Q1: 12.77
Min: 4.72

Coca-Cola Europacific Partners (CCEP) vs. Hershey (HSY): A comparison of their P/E ratio against the Food, Beverage & Tobacco industry group benchmark.

P/S Ratio (TTM)

Both Coca-Cola Europacific Partners (CCEP) at 2.39 and Hershey (HSY) at 2.92 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

CCEP

Food, Beverage & Tobacco industry group

2.39

Max: 4.64
CCEP: 2.39
Q3: 2.27
Median: 1.17
Q1: 0.52
Min: 0.00

HSY

Food, Beverage & Tobacco industry group

2.92

Max: 4.64
HSY: 2.92
Q3: 2.27
Median: 1.17
Q1: 0.52
Min: 0.00

Coca-Cola Europacific Partners (CCEP) vs. Hershey (HSY): A comparison of their P/S ratio against the Food, Beverage & Tobacco industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Coca-Cola Europacific Partners (CCEP) at 5.53 sits in the upper P/B ratio quartile, and Hershey (HSY) at 7.34 prices even higher, above its industry range.

CCEP

Food, Beverage & Tobacco industry group

5.53

Max: 6.35
CCEP: 5.53
Q3: 3.07
Median: 1.58
Q1: 0.82
Min: 0.00

HSY

Food, Beverage & Tobacco industry group

7.34

HSY: 7.34
Max: 6.35
Q3: 3.07
Median: 1.58
Q1: 0.82
Min: 0.00

Coca-Cola Europacific Partners (CCEP) vs. Hershey (HSY): A comparison of their P/B ratio against the Food, Beverage & Tobacco industry group benchmark.

Valuation Metrics

Valuation metrics for Coca-Cola Europacific Partners (CCEP) and Hershey (HSY)
Metric	CCEP	HSY
P/E Ratio (TTM)	22.42	20.14
P/S Ratio (TTM)	2.39	2.92
P/B Ratio (MRQ)	5.53	7.34
Free Cash Flow Yield (TTM)	3.11%	4.67%