Hasbro Inc (HAS)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 690,000 | -1,538,800 | 407,700 | 763,300 | 501,800 |
| Revenue | US$ in thousands | 4,135,500 | 5,003,300 | 5,856,700 | 6,420,400 | 5,465,400 |
| Operating profit margin | 16.68% | -30.76% | 6.96% | 11.89% | 9.18% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $690,000K ÷ $4,135,500K
= 16.68%
The operating profit margin of Hasbro Inc has shown fluctuations over the past five years. In December 2020, the operating profit margin was 9.18%, indicating that the company generated 9.18 cents of operating profit for every dollar of sales. By December 2021, the operating profit margin increased to 11.89%, reflecting improved profitability. However, in December 2022, the margin decreased to 6.96%, suggesting a decline in the company's ability to convert sales into operating profit.
The December 2023 figure shows a significant negative operating profit margin of -30.76%, which implies that Hasbro Inc incurred operating losses and faced challenges in controlling operating expenses relative to its revenue. This could be a sign of operational inefficiencies or external factors impacting profitability.
On a positive note, the operating profit margin rebounded strongly in December 2024, reaching 16.68%. This indicates a significant improvement in profitability, potentially driven by cost-cutting measures, revenue growth, or other strategic initiatives that enhanced operational effectiveness.
Overall, the trend in Hasbro Inc's operating profit margin demonstrates variability and highlights the importance of monitoring financial performance metrics to assess the company's profitability and operational efficiency over time.