Hasbro Inc (HAS)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -1,489,300 | 203,500 | 428,700 | 222,500 | 520,500 |
| Revenue | US$ in thousands | 5,003,300 | 5,856,700 | 6,420,400 | 5,465,400 | 4,720,200 |
| Net profit margin | -29.77% | 3.47% | 6.68% | 4.07% | 11.03% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $-1,489,300K ÷ $5,003,300K
= -29.77%
The net profit margin of Hasbro, Inc. has fluctuated over the past five years. In 2019, the company achieved a relatively high net profit margin of 11.03%, indicating that for every dollar of sales, Hasbro generated approximately $0.11 in net profit. However, this margin decreased to 4.07% in 2020, indicating a decline in profitability. The trend continued in 2021 with a further decrease to 6.68%, which, although higher than 2020, did not reach the levels of 2019. In 2022, there was a notable improvement in the net profit margin to 3.47%, suggesting some recovery in profitability. However, by the end of 2023, the net profit margin sharply declined to -29.77%, indicating that the company's expenses exceeded its revenues, resulting in a loss. Overall, the fluctuation in net profit margin suggests varying levels of profitability and efficiency in Hasbro's operations over the past five years.