Hasbro Inc (HAS)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 385,600 | -641,200 | -1,035,500 | -1,409,000 | -1,489,300 | -557,100 | -256,800 | 120,200 | 203,500 | 414,600 | 538,600 | 373,700 | 428,700 | 451,673 | 419,373 | 408,373 | 222,473 | 384,645 | 376,694 | 424,027 |
| 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 |
| ROA | 6.08% | -8.87% | -15.09% | -22.71% | -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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $385,600K ÷ $6,340,300K
= 6.08%
Hasbro Inc's return on assets (ROA) fluctuated over the period from March 31, 2020, to December 31, 2024. The ROA started at 4.07% in March 2020, decreased slightly to 3.69% by June 2020, and further declined to 2.06% by December 2020.
However, there was a subsequent improvement in ROA, reaching 4.15% by June 2021 and peaking at 5.67% by June 2022. The ROA declined after this peak, hitting a low of -22.77% by December 31, 2023. This negative trend continued till June 30, 2024, with ROA values ranging from -2.98% to -22.71%.
The trend reversed in the second half of 2024, with the ROA increasing to 6.08% by December 31, 2024. The negative values seen in 2023 and 2024 indicate that Hasbro Inc faced challenges in generating profits from its assets during those periods, but the positive ROA in December 2024 suggests a potential turnaround in the company's asset efficiency and profitability.