Hasbro Inc (HAS)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 204,500 | 934,500 | 965,500 | 1,390,400 | 1,149,400 | 2,317,100 | 2,511,500 | 2,483,900 | 2,424,800 | 3,227,320 | 3,044,119 | 2,730,929 | 2,594,598 | 2,249,988 | 2,210,137 | 2,397,993 | 2,363,290 | 2,407,840 | 2,379,828 | 2,974,020 |
| Revenue (ttm) | US$ in thousands | 5,003,300 | 5,392,900 | 5,565,400 | 5,694,600 | 5,856,700 | 6,191,600 | 6,485,700 | 6,468,700 | 6,420,400 | 6,129,970 | 5,936,590 | 5,474,669 | 5,465,439 | 5,170,479 | 4,969,029 | 5,093,287 | 4,720,227 | 4,681,377 | 4,675,897 | 4,595,818 |
| Gross profit margin | 4.09% | 17.33% | 17.35% | 24.42% | 19.63% | 37.42% | 38.72% | 38.40% | 37.77% | 52.65% | 51.28% | 49.88% | 47.47% | 43.52% | 44.48% | 47.08% | 50.07% | 51.43% | 50.90% | 64.71% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $204,500K ÷ $5,003,300K
= 4.09%
Hasbro, Inc.'s gross profit margin has shown some fluctuations over the past eight quarters. In the most recent quarter, Q4 2023, the gross profit margin was at 65.90%, representing a slight decrease from the previous quarter. However, it is important to note that the company has generally maintained a relatively stable gross profit margin ranging from 65.90% to 69.53% over the period analyzed.
The company's ability to generate gross profit as a percentage of revenue is essential for covering operating expenses and ultimately generating net income. A higher gross profit margin indicates that Hasbro is effectively managing its production costs and pricing strategies to ensure profitability.
Although there have been minor fluctuations in the gross profit margin, the overall trend suggests that Hasbro has been able to consistently maintain a healthy level of gross profit relative to its revenue. Investors and stakeholders may continue to monitor this metric to assess the company's operational efficiency and profitability in the future.