Hasbro Inc (HAS)

Pretax margin

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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 497,000 -691,000 -1,196,300 -1,607,100 -1,709,100 -628,100 -247,500 160,300 261,500 513,600 671,400 532,600 581,900 632,474 608,274 523,474 321,974 482,261 442,807 492,615
Revenue (ttm) US$ in thousands 4,135,500 4,322,800 4,544,900 4,759,600 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 5,936,570 5,474,670 5,465,470 5,170,510 4,969,080 5,093,317
Pretax margin 12.02% -15.99% -26.32% -33.77% -34.16% -11.65% -4.45% 2.81% 4.46% 8.30% 10.35% 8.23% 9.06% 10.32% 10.25% 9.56% 5.89% 9.33% 8.91% 9.67%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $497,000K ÷ $4,135,500K
= 12.02%

The pretax margin of Hasbro Inc has exhibited fluctuating trends over the years based on the provided data. It stood at around 9%-10% during the first half of 2021, showing consistency in profitability. However, in the latter half of 2021, there was a decline, dropping to around 4.46% by December 31, 2022.

The performance deteriorated further in the following quarters, with the pretax margin sinking to negative figures by June 30, 2023, and continuing to decline significantly until the end of 2024. Notably, by December 31, 2024, the pretax margin showed a substantial improvement, surging to 12.02%.

Overall, the pretax margin of Hasbro Inc experienced a mix of positive and negative movements, with certain periods of strong profitability offset by significant declines. This indicates fluctuations in the company's ability to generate earnings before taxes relative to its revenue during the specified period.