This study aims to examine the effect of Debt Policy, Capital Structure, Net Profit Margin, and Dividend Policy on Stock Prices. The dependent variable used in this study is stock price, while the independent variables are debt policy (DER), capital structure (DAR), net profit margin (NPM), and dividend policy (DPR). The sample in this study is a manufacturing company in the food and beverage sector which is listed on the Indonesia Stock Exchange for the 2017-2020 period. The sampling technique in this study was to use purposive sampling, based on the criteria obtained 23 observational samples. The data analysis technique used in this study is Descriptive Statistical Test, Classical Assumption Test, Multiple Linear Regression Test, and Hypothesis Test. The results of the analysis show that partially Debt Policy has a positive effect on stock prices, Capital Structure has a negative effect on Stock Prices, Net Profit Margin has a positive effect on Stock Prices, and Dividend Policy has no effect on Stock Prices.