Hasbro Inc (HAS)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 497,000 | -1,709,100 | 261,500 | 581,900 | 322,100 |
| Revenue | US$ in thousands | 4,135,500 | 5,003,300 | 5,856,700 | 6,420,400 | 5,465,400 |
| Pretax margin | 12.02% | -34.16% | 4.46% | 9.06% | 5.89% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $497,000K ÷ $4,135,500K
= 12.02%
To analyze Hasbro Inc's pretax margin over the past five years, we observe a varying trend. In December 2020, the pretax margin stood at 5.89%, indicating that for every dollar of sales generated, the company retained about 5.89 cents before taxes. This margin then improved in December 2021 to 9.06%, showcasing better efficiency in managing costs and expenses relative to revenue.
However, in December 2022, the pretax margin decreased to 4.46%, reflecting potentially higher costs or lower sales leading to reduced profitability. The following year, in December 2023, the pretax margin notably turned negative at -34.16%, signaling significant challenges that impacted the company's bottom line and possibly pointing to losses before taxes.
Nonetheless, in December 2024, Hasbro Inc managed to reverse this trend with a considerable recovery in its pretax margin to 12.02%, suggesting a significant improvement in profitability efficiency compared to the previous years. It is essential for stakeholders to monitor future trends in pretax margin to assess the company's financial performance and strategic direction effectively.