Hasbro Inc (HAS)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -1,489,300 | -557,100 | -256,800 | 120,200 | 203,500 | 414,600 | 538,600 | 373,700 | 428,700 | 451,673 | 419,373 | 408,373 | 222,473 | 384,645 | 376,694 | 424,027 | 520,454 | 261,875 | 312,787 | 359,653 |
| 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 |
| Net profit margin | -29.77% | -10.33% | -4.61% | 2.11% | 3.47% | 6.70% | 8.30% | 5.78% | 6.68% | 7.37% | 7.06% | 7.46% | 4.07% | 7.44% | 7.58% | 8.33% | 11.03% | 5.59% | 6.69% | 7.83% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-1,489,300K ÷ $5,003,300K
= -29.77%
Hasbro Inc.'s net profit margin has shown a declining trend over the past eight quarters. In Q4 2023, the net profit margin was significantly negative at -29.77%, indicating that the company incurred a loss in relation to its revenue during this period. This negative margin represents the lowest profitability among the quarters analyzed.
The trend of decreasing net profit margins continued from Q3 2023 to Q1 2023, with margins ranging from -10.33% to 2.11%. Despite a slight improvement in Q1 2023, where the net profit margin turned positive, it was relatively low compared to the margins reported in the same quarter of the previous year.
Comparing the net profit margins to the same quarters in 2022 reveals a considerable decline in profitability. Q4 2022 had a net profit margin of 3.47%, which decreased to -29.77% in Q4 2023. This represents a significant deterioration in profitability over the one-year period.
Overall, the negative and declining net profit margins suggest that Hasbro Inc. has been facing challenges in generating profits relative to its revenue. This trend warrants further analysis to understand the factors contributing to the company's decreasing profitability and to identify potential strategies for improvement.