Hasbro Inc (HAS)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 4.09% | 17.33% | 17.35% | 24.42% | 19.63% | 37.42% | 38.72% | 38.40% | 37.77% | 52.65% | 51.28% | 49.88% | 47.47% | 43.52% | 44.48% | 47.08% | 50.07% | 51.43% | 50.90% | 64.71% |
| Operating profit margin | -30.76% | -8.64% | -1.83% | 5.37% | 6.96% | 11.38% | 13.55% | 11.38% | 11.89% | 12.69% | 12.58% | 12.28% | 9.18% | 9.78% | 9.39% | 11.64% | 13.81% | 10.09% | 10.44% | 9.74% |
| Pretax margin | -34.19% | -11.67% | -4.44% | 2.85% | 4.47% | 8.27% | 10.28% | 8.13% | 8.96% | 10.24% | 10.21% | 9.52% | 5.84% | 9.29% | 8.86% | 9.64% | 12.59% | 6.20% | 6.98% | 8.45% |
| 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% |
Hasbro, Inc.'s profitability ratios have displayed varying trends over the past eight quarters. The gross profit margin has remained relatively stable, hovering around the high 60% range, indicating efficient cost management in production and sales.
However, the operating profit margin has shown a downward trend, declining from 13.65% in Q2 2022 to 3.83% in Q4 2023. This suggests that the company's operating expenses have been increasing relative to its revenue, impacting profitability at the operating level.
The pretax margin has been inconsistent, fluctuating between negative and positive values over the periods analyzed. The significant negative pretax margin in Q4 2023 (-34.16%) indicates that the company reported a loss before taxes during that quarter.
Likewise, the net profit margin has also been fluctuating, with a notable decline seen in Q4 2023 (-29.77%). This indicates that Hasbro's bottom line profitability has been affected, possibly due to increased expenses or lower revenue.
Overall, while Hasbro has maintained a healthy gross profit margin, the declining trend in operating profit margin and sporadic performance in pretax and net profit margins indicate potential challenges in managing operational costs and generating sufficient profits in recent quarters.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -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% | 7.36% | 8.50% | 9.69% | 9.07% |
| Return on assets (ROA) | -22.77% | -6.68% | -2.98% | 1.35% | 2.19% | 4.31% | 5.67% | 3.93% | 4.27% | 4.42% | 4.15% | 4.01% | 2.06% | 3.59% | 3.69% | 4.07% | 5.88% | 4.71% | 6.21% | 7.29% |
| Return on total capital | -37.61% | -7.55% | -1.09% | 5.24% | 6.59% | 10.10% | 12.34% | 10.22% | 10.92% | 11.51% | 10.91% | 9.34% | 6.83% | 8.79% | 8.06% | 7.87% | 9.89% | 10.74% | 12.19% | 14.29% |
| Return on equity (ROE) | -137.01% | -25.06% | -10.40% | 4.36% | 7.11% | 13.82% | 17.74% | 12.04% | 13.89% | 14.66% | 14.39% | 13.69% | 7.51% | 13.59% | 14.13% | 15.20% | 17.37% | 14.23% | 18.23% | 21.74% |
Hasbro, Inc.'s profitability ratios show mixed results over the eight quarters provided.
1. Operating return on assets (Operating ROA) has exhibited fluctuation, ranging from 1.76% to 9.32% over the period. In Q4 2023, the Operating ROA was 2.93%, indicating that the company generated $0.0293 in operating income for every $1 of assets.
2. Return on assets (ROA) has been negative in most quarters, with Q1 2023 being the only positive figure at 1.35%. This suggests that Hasbro has struggled to generate profits from its assets efficiently.
3. Return on total capital has also fluctuated but generally stayed positive, with Q1 2022 showing the highest return at 12.73%. This ratio indicates that Hasbro has been able to generate profit from both equity and debt investments.
4. Return on equity (ROE) has been quite volatile, with negative figures in five of the eight quarters. Q1 2023 showed a positive ROE of 4.40%, indicating that the company was able to generate a return for its shareholders.
Overall, the profitability ratios of Hasbro, Inc. reveal a mixed performance in terms of generating returns from assets, capital, and equity. The negative figures in ROA and ROE highlight potential concerns, while the positive figures in Operating ROA and Return on total capital demonstrate some level of profitability and efficiency in utilizing resources.