Hasbro Inc (HAS)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 2.29% | 23.90% | 36.18% | 26.50% | 28.48% |
| Operating profit margin | -30.76% | 6.96% | 11.89% | 9.18% | 13.82% |
| Pretax margin | -34.19% | 4.47% | 8.96% | 5.84% | 12.59% |
| Net profit margin | -29.77% | 3.47% | 6.68% | 4.07% | 11.03% |
Hasbro, Inc.'s profitability ratios have experienced fluctuations over the past five years.
The gross profit margin, which measures the percentage of revenue that exceeds the cost of goods sold, decreased from 69.98% in 2021 to 65.90% in 2023. This indicates a decline in efficiency in managing production costs and pricing strategies.
The operating profit margin, which shows the proportion of revenue that remains after deducting operating expenses, fluctuated significantly from 13.58% in 2021 to 3.83% in 2023. This suggests that Hasbro faced challenges in managing its operating costs and generating operating income in the past three years.
The pretax margin, reflecting the company's profitability before accounting for taxes, declined from 9.06% in 2021 to -34.16% in 2023, indicating that the company incurred significant losses before tax during the most recent year.
The net profit margin, which measures the company's bottom line profitability after all expenses have been deducted, showed a decline from 6.68% in 2021 to -29.77% in 2023. This signals that Hasbro struggled to maintain profitability at the net income level in 2023.
Overall, the declining trend in Hasbro's profitability ratios suggests challenges in managing costs, generating revenue, and maintaining profitability in recent years. Further analysis of the company's financial performance and strategic initiatives may be needed to address these issues and improve its profitability in the future.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -23.53% | 4.39% | 7.60% | 4.64% | 7.36% |
| Return on assets (ROA) | -22.77% | 2.19% | 4.27% | 2.06% | 5.88% |
| Return on total capital | -37.61% | 6.59% | 10.92% | 6.83% | 9.89% |
| Return on equity (ROE) | -137.01% | 7.11% | 13.89% | 7.51% | 17.38% |
Hasbro, Inc.'s profitability ratios have shown some fluctuations over the past five years.
1. Operating return on assets (Operating ROA) decreased from 8.69% in 2021 to 2.93% in 2023, indicating a decreasing trend in the company's ability to generate operating income from its assets efficiently.
2. Return on assets (ROA) also exhibited a declining trend, with a significant drop from 5.88% in 2019 to -22.77% in 2023, suggesting that the company's overall profitability from its total assets has been negatively impacted in recent years.
3. Return on total capital decreased from 12.37% in 2021 to 4.23% in 2023, indicating a decrease in the company's ability to generate profits from its total capital employed, which includes both debt and equity financing.
4. Return on equity (ROE) experienced fluctuations over the period, with a sharp decline to -140.25% in 2023 from 17.37% in 2019. This indicates that Hasbro's profitability in relation to the shareholders' equity has been highly volatile and unfavorable.
Overall, Hasbro, Inc. faces challenges in maintaining consistent profitability across its various financial metrics, which may warrant further investigation into the company's operational efficiency, capital structure, and overall financial health.