Hasbro Inc (HAS)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,185,000 | 1,287,200 | 1,150,600 | 1,005,900 | 1,061,900 | 2,223,200 | 2,470,200 | 2,758,700 | 2,832,800 | 2,976,000 | 2,983,600 | 3,080,700 | 3,063,100 | 3,057,200 | 2,890,400 | 2,959,900 | 2,936,740 | 2,808,430 | 2,642,150 | 2,736,490 |
| ROE | 32.54% | -49.81% | -90.00% | -140.07% | -140.25% | -25.06% | -10.40% | 4.36% | 7.18% | 13.93% | 18.05% | 12.13% | 14.00% | 14.77% | 14.51% | 13.80% | 7.58% | 13.70% | 14.26% | 15.50% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $385,600K ÷ $1,185,000K
= 32.54%
Hasbro Inc's return on equity (ROE) has fluctuated over the years, showing both positive and negative trends. From March 31, 2020, to June 30, 2022, the ROE remained relatively stable, ranging from 12.13% to 18.05%. During this period, Hasbro was generating a reasonable return for its shareholders.
However, there was a significant drop in ROE in the subsequent quarters, with negative values starting from June 30, 2023, and reaching a low of -140.25% by December 31, 2023. This indicates that the company was not effectively utilizing its equity to generate profits, leading to a substantial loss relative to shareholders' investments.
The ROE improved to 32.54% by December 31, 2024, signaling a resurgence in profitability and a more efficient use of equity. It is essential for Hasbro to closely monitor its ROE performance and implement strategies to enhance profitability and shareholder value in the upcoming periods.