COKE vs. HSY: Coca-Cola Consolidated vs. Hershey Stock Comparison
How do Coca-Cola Consolidated (COKE) 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 Consolidated (COKE) and Hershey (HSY) both fall under the Food, Beverage & Tobacco industry group, but COKE is classified in Beverages while HSY is classified in Food Products.
| Profile Item | COKE | HSY |
|---|---|---|
| Name | Coca-Cola Consolidated Inc. | The Hershey Company Common Stock |
| Country/Region | United States | 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 | 13.84 billion USD | 35.79 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | February 21, 1973 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | COKE | HSY |
|---|---|---|
| Total Return (1Y) | 46.60% | 3.76% |
| Total Return (3Y, Annualized) | 45.46% | -0.13% |
| Total Return (5Y, Annualized) | 37.59% | 2.04% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | COKE | HSY |
|---|---|---|
| Volatility (1Y, Annualized) | 37.13% | 27.95% |
| Beta (5Y) | 0.63 | 0.07 |
| Max Drawdown (5Y) | -35.52% | -45.25% |
| Avg. Volume (3M) | 510.01K | 1.48M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | COKE | HSY |
|---|---|---|
| Sharpe Ratio (1Y) | 1.14 | -0.02 |
| Sortino Ratio (1Y) | 1.56 | -0.03 |
Profitability
ROE (TTM)
Both Coca-Cola Consolidated (COKE) at 90.03% and Hershey (HSY) at 38.00% turn shareholders’ equity into profit at rates above their industry benchmark ranges for ROE. That is a strong capital-efficiency signal, though leverage and the equity base still matter.
COKE
Food, Beverage & Tobacco industry group
90.03%
- COKE
- 90.03%
- Max
- 32.02%
- 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%
Net Margin (TTM)
Hershey (HSY) at 14.63% retains a top-quartile share of revenue as profit, ahead of Coca-Cola Consolidated (COKE) at 7.49%, which keeps about the industry-typical share.
COKE
Food, Beverage & Tobacco industry group
7.49%
- Max
- 24.83%
- Q3
- 11.22%
- COKE
- 7.49%
- 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%
Operating Margin (TTM)
Hershey (HSY) at 25.55% operates in the top operating margin quartile, ahead of Coca-Cola Consolidated (COKE) at 13.65%, which runs around its industry’s norm.
COKE
Food, Beverage & Tobacco industry group
13.65%
- Max
- 34.91%
- Q3
- 17.57%
- COKE
- 13.65%
- 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%
Profitability Metrics
| Metric | COKE | HSY |
|---|---|---|
| ROE (TTM) | 90.03% | 38.00% |
| ROA (TTM) | 12.41% | 11.82% |
| Net Margin (TTM) | 7.49% | 14.63% |
| Operating Margin (TTM) | 13.65% | 25.55% |
| Gross Margin (TTM) | 38.90% | 41.95% |
Growth
Revenue Growth
Both Coca-Cola Consolidated (COKE) at 4.76% 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.
EPS Growth
Coca-Cola Consolidated (COKE) at -2.63% is around its peer norm for EPS growth, while Hershey (HSY) at -60.26% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | COKE | HSY |
|---|---|---|
| Revenue Growth (YoY) | 4.76% | 4.38% |
| Revenue Growth (3Y CAGR) | 5.24% | 3.92% |
| EPS Growth (YoY) | -2.63% | -60.26% |
| EPS Growth (3Y CAGR) | 14.19% | -18.31% |
Financial Strength
Current Ratio (MRQ)
Both Coca-Cola Consolidated (COKE) at 1.33 and Hershey (HSY) at 1.24 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
COKE
Food, Beverage & Tobacco industry group
1.33
- Max
- 4.01
- Q3
- 2.35
- Median
- 1.53
- COKE
- 1.33
- Q1
- 1.02
- 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
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Hershey (HSY) carries debt-to-equity ratio of 1.11 against its industry range, while Coca-Cola Consolidated (COKE) reports no figure this period.
COKE
Food, Beverage & Tobacco industry group
--
- Max
- 2.19
- Q3
- 1.11
- Median
- 0.68
- Q1
- 0.33
- Min
- 0.00
- COKE
- --
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
Financial Strength Metrics
| Metric | COKE | HSY |
|---|---|---|
| Current Ratio (MRQ) | 1.33 | 1.24 |
| Debt / Equity (MRQ) | -- | 1.11 |
| Net Debt / EBITDA | 1.85 | 1.52 |
Dividends
Dividend Yield (TTM)
Both Coca-Cola Consolidated (COKE) at 0.47% and Hershey (HSY) at 3.23% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
COKE
Food, Beverage & Tobacco industry group
0.47%
- Max
- 9.38%
- Q3
- 3.77%
- Median
- 1.76%
- COKE
- 0.47%
- 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%
Dividend Payout Ratio (TTM)
Both Coca-Cola Consolidated (COKE) at 11.74% 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.
COKE
Food, Beverage & Tobacco industry group
11.74%
- Max
- 199.19%
- Q3
- 81.03%
- Median
- 41.52%
- COKE
- 11.74%
- 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%
Dividend Metrics
| Metric | COKE | HSY |
|---|---|---|
| Dividend Yield (TTM) | 0.47% | 3.23% |
| Dividend Payout Ratio (TTM) | 11.74% | 64.77% |
Valuation
P/E Ratio (TTM)
Both Coca-Cola Consolidated (COKE) at 24.40 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.
COKE
Food, Beverage & Tobacco industry group
24.40
- Max
- 52.52
- Q3
- 30.78
- COKE
- 24.40
- 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
P/S Ratio (TTM)
Coca-Cola Consolidated (COKE) at 1.78 is priced about in line with its industry on P/S ratio, while Hershey (HSY) at 2.92 sits in the pricier quartile — HSY costs more per dollar of sales.
COKE
Food, Beverage & Tobacco industry group
1.78
- Max
- 4.64
- Q3
- 2.27
- COKE
- 1.78
- 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
P/B Ratio (MRQ)
Coca-Cola Consolidated (COKE) reports a negative P/B ratio of -40.73, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Hershey (HSY) reports 7.34, ranking against industry peers normally.
COKE
Food, Beverage & Tobacco industry group
-40.73
- Max
- 6.35
- Q3
- 3.07
- Median
- 1.58
- Q1
- 0.82
- Min
- 0.00
- COKE
- -40.73
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
Valuation Metrics
| Metric | COKE | HSY |
|---|---|---|
| P/E Ratio (TTM) | 24.40 | 20.14 |
| P/S Ratio (TTM) | 1.78 | 2.92 |
| P/B Ratio (MRQ) | -40.73 | 7.34 |
| Free Cash Flow Yield (TTM) | 2.66% | 4.67% |