Hasbro Inc (HAS)

Operating return on assets (Operating ROA)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Operating income (ttm) US$ in thousands 690,000 -568,400 -1,039,800 -1,440,500 -1,538,800 -465,900 -102,100 305,600 407,700 704,900 878,500 736,000 763,300 778,164 746,864 672,464 501,864 505,880 466,490 592,623
Total assets US$ in thousands 6,340,300 7,229,900 6,864,100 6,203,000 6,540,900 8,340,200 8,609,700 8,923,700 9,295,900 9,626,100 9,503,000 9,518,700 10,037,800 10,230,400 10,102,200 10,189,100 10,818,400 10,703,200 10,222,000 10,424,400
Operating ROA 10.88% -7.86% -15.15% -23.22% -23.53% -5.59% -1.19% 3.42% 4.39% 7.32% 9.24% 7.73% 7.60% 7.61% 7.39% 6.60% 4.64% 4.73% 4.56% 5.68%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $690,000K ÷ $6,340,300K
= 10.88%

The operating return on assets (operating ROA) of Hasbro Inc has displayed fluctuations over the quarterly periods from March 31, 2020, to December 31, 2024. Initially, the operating ROA stood at 5.68% in March 2020, showing a minor decline to 4.56% by June 2020. However, it slightly improved to 4.73% by September 2020 but dipped to 4.64% by December 2020.

Subsequently, there was an upward trend in the operating ROA, reaching 6.60% in March 2021 and further increasing to 7.39% by June 2021. The upward trend continued with operating ROA peaking at 9.24% in June 2022. However, the ratio experienced a decline to 7.32% by September 2022 and significant drops in the subsequent quarters, hitting a low of -23.53% in December 2023.

There was a marked recovery in operating ROA in the following periods, with a notable increase to 10.88% by December 2024. The fluctuations in operating ROA indicate the company's varying operational efficiency and profitability over the analyzed periods, reflecting changes in asset utilization and operating performance.