Hasbro Inc (HAS)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,671,800 | 2,869,000 | 3,451,900 | 3,872,500 | 3,176,500 |
| Revenue | US$ in thousands | 4,135,500 | 5,003,300 | 5,856,700 | 6,420,400 | 5,465,400 |
| Gross profit margin | 64.61% | 57.34% | 58.94% | 60.32% | 58.12% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,671,800K ÷ $4,135,500K
= 64.61%
Based on the provided data, Hasbro Inc's gross profit margin has shown some fluctuations over the years. The trend indicates an increase from 58.12% as of December 31, 2020, to 60.32% as of December 31, 2021. However, the margin slightly decreased to 58.94% by December 31, 2022, and further dropped to 57.34% by December 31, 2023.
There was a significant improvement in the gross profit margin by the end of December 31, 2024, reaching 64.61%. Overall, despite the fluctuations observed during the period under review, Hasbro Inc managed to achieve a higher gross profit margin by the end of 2024, possibly indicating improved efficiency in managing production costs and pricing strategies.