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Friday 6 November 2026 Export HAS’s income statement to Excel — free account

Hasbro, Inc.

HAS Consumer Cyclical Leisure

Hasbro, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.7 billion, up 13.7% from fiscal 2024.

Revenue
+15.0%
EPS
+68.7%
Free cash flow
+11.4%
Total debt
+5.77%

Quarter to September 2026, against a year earlier

119.51 2.07 −1.70%
Market cap
$16.7B
P/E
17.6×
Fwd P/E
17.6×
Dividend yield
2.34%
F-score
5/9
Altman Z
2.78
Beneish M
−3.46
Dividend safety
26/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Revenue by segment Fiscal 2024

  • Consumer Products
  • Wizards of the Coast and Digital Gaming
  • Entertainment

Every year since 2013 →

Insider Decisions last twelve months

Sold, $m 50.71
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — 7 — — — — 4 4 — — 1
Insider Ownership 1.34%

Capital & Financial Ratios $m

Size
Market Cap 16,720.00
Revenue ttm 5,181.00
Net income ttm 958.90
Free cash flow ttm 1,111.90
Net debt Q 2,083.40
Valuation
P/E 17.60
Forward P/E 17.60
Price / sales 3.25
Forward P/S Powerpack
Price / FCF 15.13
Price / book 17.94 (above 6: high)
Financial health
Current ratio Q 1.40
Debt / equity Q 3.74 (above 2: weak)
Interest coverage Q 12.11
Growth
Revenue growth Q +14.98% (above 0%: growing)
Operating income growth Q +51.66% (above 0%: growing)
EPS, this year +28.40% (at or above 15%: strong)
EPS, next year A −0.57% (below 0%: weak)
Revenue, next year A +9.88%
EPS, past 5 yrs —
EPS, next 5 yrs A +12.42%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 3.7×, against a ten-year median of 2.6×; over the ten years it ranged from 1.8× in 2023 to 3.7× in 2026.
P/E against its own 10 years 5.53%
10-year low 10-year high
P/S against its own 10 years 99.45%
10-year low 10-year high
P/B against its own 10 years 90.54%
10-year low 10-year high
EV/Sales against its own 10 years 99.89%
10-year low 10-year high
EV/FCF against its own 10 years 17.93%
10-year low 10-year high

Dividends

Yield
2.34%
Annual rate
2.80
Payout ratio
41.9%
Growth, 2018–26
+1.19%/yr
  1. 2.55 ’18
  2. 2.76 ’19 +8
  3. 2.72 ’20 −2
  4. 2.82 ’21 +4
  5. 2.79 ’22 −1
  6. 2.80 ’23 +0
  7. 2.80 ’24 +0
  8. 2.80 ’25 +0
  9. 2.80 ’26 +0
paid change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 545 695 882 1,427
Receivables 1,029 920 1,060 1,110
Inventory 332 274 260 359
Other — — — —
2,324 2,243 2,584 3,239
2023 2024 2025 Q'26
Payables 341 342 335 450
ST’ Debt 500 — 497 894
Other — — — —
2,056 1,401 1,871 2,314

Compound Annual Growth %

10y 5y 3y
Sales 0.56% (2.97%) (7.06%)
Cash Flow 4.57% (1.76%) 33.80%
Earnings 0.00% 0.00% 0.00%
Book Value (10.23%) (28.07%) (41.75%)

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 1.86 Actual 2.90

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 0.99 1.51 Beat by 0.52
Q1 FY26 1.12 1.47 Beat by 0.35
Q2 FY26 1.17 1.28 Beat by 0.11
Q3 FY26 1.86 2.90 Beat by 1.04
Q4 FY26 1.56 — Reports 9 February 2027

EPS $

Mar Jun Sep Dec Year
’26 1.39 1.12 2.77 — —
’25 0.70 (6.10) 1.64 1.41 (2.30)
’24 0.42 0.99 1.59 (0.25) 2.75
’23 (0.16) (1.69) (1.23) (7.64) (10.73)
’22 0.44 1.02 0.93 (0.93) 1.46
’21 0.84 (0.17) 1.83 0.59 3.10
’20 (0.51) (0.25) 1.61 0.76 1.62
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 1,000 1,140 1,595 — —
’25 887 981 1,388 1,446 4,701
’24 757 995 1,281 1,102 4,136
’23 1,001 1,210 1,503 1,289 5,003
’22 1,163 1,339 1,676 1,679 5,857
’21 1,115 1,322 1,970 2,013 6,420
’20 1,106 860 1,777 1,723 5,465
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 338 267 303 — —
’25 138 71 281 403 893
’24 178 187 223 260 847
’23 89 30 216 391 726
’22 135 13 114 111 373
’21 378 200 109 132 818
’20 292 (33) 236 482 976
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 288 221 250 — —
’25 95 23 224 353 695
’24 132 135 174 209 650
’23 36 (28) 167 342 516
’22 106 (33) 60 67 199
’21 354 160 74 98 685
’20 261 (67) 208 448 851
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 4.8% a year for ten years. It grew 2.4% a year over the last ten.

Implied
4.8%
10 years, reported
2.4%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 5,020 5,210 4,580 4,720 5,465 6,420 5,857 5,003 4,136 4,701 5,181 (0.7%) 5,166 5,538 5,705 +6.7%
Gross margin, % 62.04 60.96 59.59 61.70 68.55 69.98 67.36 65.90 71.48 72.43 74.03 +10.4 pt
EBT 692 786 270 594 322 582 262 (1,709) 497 (102) 1,213 n/m
EBT margin, % 13.80 15.09 5.90 12.59 5.89 9.06 4.46 (34.16) 12.02 (2.17) 23.41 (16.0) pt
Net income 533 397 220 521 225 435 203 (1,488) 394 (318) 959 n/m
Per share, $
Per share, $ Revenue 40.07 41.67 36.31 36.91 39.81 46.52 42.23 36.05 29.67 33.53 36.80 (2.0%)
Earnings 4.40 3.17 1.75 4.07 1.62 3.11 1.47 (10.73) 2.77 (2.30) 6.79 n/m
Cash flow 6.52 5.79 5.12 5.11 7.11 5.93 2.69 5.23 6.08 6.37 9.31 (0.3%)
Capex (1.24) (1.08) (1.11) (1.04) (0.92) (0.96) (1.26) (1.51) (1.42) (1.41) (1.41) +1.5%
Free cash flow 5.29 4.71 4.01 4.06 6.19 4.97 1.43 3.72 4.66 4.96 7.90 (0.7%)
Book value 14.87 14.64 13.91 23.42 21.39 22.20 20.63 7.83 8.50 4.03 6.66 (13.5%)
Shares, m 125 125 126 128 137 138 139 139 139 140 141 +1.3%
Valuation, ×
Valuation, × P/E 18.14 29.05 46.97 26.27 57.74 32.94 42.43 0.00 20.26 0.00 17.60 27.4
P/S 1.99 2.21 2.24 2.86 2.35 2.19 1.47 1.38 1.88 2.45 3.25 2.1
P/B 5.37 6.29 5.84 4.51 4.37 4.59 3.00 6.37 6.58 20.33 17.94 6.7
EV/Sales 2.04 2.30 2.43 2.76 3.02 2.66 2.03 1.97 2.66 2.95 3.65 2.5
EV/FCF 15.50 20.32 21.98 25.03 19.38 24.88 59.91 19.07 16.89 19.97 17.01 24.3
Cash, $m
Cash, $m Operating cash flow 817 724 646 653 976 818 373 726 847 893 1,311 +1.0%
Capex (155) (135) (140) (134) (126) (133) (174) (209) (197) (198) (199) +2.8%
Free cash flow 662 590 506 520 851 685 199 516 650 695 1,112 +0.5%
Balance, $m
Balance, $m Working capital 1,610 2,382 1,808 5,490 1,443 1,272 809 267 841 713 926 (8.7%)
Net debt 266 267 523 (503) 3,643 3,005 3,311 2,920 2,686 2,383 2,083 +27.6%
Shareholders’ equity 1,863 1,830 1,754 2,996 2,937 3,063 2,862 1,087 1,185 566 938 (12.4%)
Returns, %
Returns, % ROA 11.24 7.64 4.18 7.37 2.26 4.11 2.11 (18.81) 5.99 (5.42) 16.02 (16.7) pt
ROIC 23.14 24.15 9.09 16.35 4.77 7.86 4.13 (24.00) 11.14 0.24 27.67 (22.9) pt
ROE 31.27 21.48 12.30 21.92 7.50 14.29 6.87 (75.43) 33.94 (36.84) 139.27 (68.1) pt
People
People Employees 5,400 5,400 5,800 5,600 6,822 6,640 6,490 5,502 4,985 4,520 — (2.0%)
Revenue/emp, $m 0.93 0.96 0.79 0.84 0.80 0.97 0.90 0.91 0.83 1.04 — +1.3%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026

Business profile

Updated

Hasbro is a games, intellectual-property and toy company. It creates play experiences for children, families and fans through physical and digital games, video games, toys, licensed consumer products, location-based entertainment, film and television.

Its owned brands include MAGIC: THE GATHERING, MONOPOLY, HASBRO GAMES, PLAY-DOH, TRANSFORMERS, DUNGEONS & DRAGONS, NERF and PEPPA PIG. It also develops products under third-party licenses including MARVEL, SPIDER-MAN, THE AVENGERS, STAR WARS and BEYBLADE. Products range from trading cards, board games and role-playing games to action figures, dolls, preschool toys, arts and crafts, collectibles and play sets.

Where the money comes from and where it goes Fiscal 2024

Fiscal 2024: revenue by segment, and margins
Consumer Products 2,544 61.51%
Wizards of the Coast and Digital Gaming 1,511 36.54%
Entertainment 80 1.94%
Gross margin 71.48%
Operating margin 16.68%
Pre-tax margin 12.02%

Revenue by segment since 2013

Hasbro, Inc. vs peers in Leisure (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
AS Amer Sports, Inc. $18.2B 32.2× 23.8× +32.06% (above 0%: growing) +500.00% (above 0%: growing) +169.07% (above 0%: growing) 65.64% 11.74% Compare
HAS Hasbro, Inc. $16.7B 17.6× 17.6× +14.98% (above 0%: growing) +68.67% (above 0%: growing) +11.38% (above 0%: growing) 75.88% 32.43%
LTH Life Time Group Holdings, Inc. $10.7B 25.2× 27.6× +14.17% (above 0%: growing) +1.13% (above 0%: growing) −193.08% (below 0%: shrinking) 46.89% 17.68% Compare
GOLF Acushnet $4.9B 22.5× 21.3× −1.28% (below 0%: shrinking) +4.56% (above 0%: growing) +39.79% (above 0%: growing) 49.59% 12.37% Compare
PLNT Planet Fitness, Inc. $4.5B 20.4× 18.0× +8.97% (above 0%: growing) +26.09% (above 0%: growing) −62.29% (below 0%: shrinking) 81.84% 28.19% Compare
MAT Mattel, Inc. $4.3B 10.9× 9.7× +10.48% (above 0%: growing) n/m +29.42% (above 0%: growing) 48.17% 0.97% Compare
YETI YETI Holdings, Inc. $3.4B 20.1× 15.1× +8.52% (above 0%: growing) +53.23% (above 0%: growing) −18.84% (below 0%: shrinking) 66.66% 19.33% Compare
OSW OneSpaWorld Holdings Limited $3.1B 36.6× 32.6× +6.97% (above 0%: growing) +16.04% (above 0%: growing) +58.18% (above 0%: growing) 17.97% 10.83% Compare
CALY Callaway Golf Company $2.8B — (loss-making) 25.8× +1.97% (above 0%: growing) +281.82% (above 0%: growing) +101.95% (above 0%: growing) 50.10% 18.75% Compare
Median of peers $4.4B 22.5× 22.6× +8.75% +26.09% +34.60% 49.85% 15.03%

All 28 Leisure stocks →

From the latest earnings call

Updated

  • CEO Chris Cocks said Magic demand was expanding across releases and distribution, while shipment timing would likely cause fourth-quarter revenue to decline.
  • CFO Gina Goetter said tariff refunds helped Consumer Products margins and that video-game amortization would weigh on Wizards margins next year.

Analyst rating changes each firm’s latest, last six months

Firm Date Action Rating Target
UBS Oct 28, 2026 Target raised — —

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 97.29%
Held by the ten largest 52.76%
Holder Shares Stake Change
BlackRock 26.69m 18.93% +1.39m
Vanguard 17.33m 12.29% +177.10k
State Street 5.97m 4.23% +214.34k
Geode Capital Management 4.18m 2.96% +161.15k
Morgan Stanley 3.76m 2.66% +733.23k
Goldman Sachs 3.54m 2.51% +266.81k
Bank of America 3.50m 2.48% −67.23k
UBS 3.26m 2.31% +2.03m
VIKING GLOBAL INVESTORS LP 3.11m 2.20% −631.71k
Invesco 3.07m 2.18% +450.13k
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 17 April 2026

Ownership

Directors and executive officers, together less than 1%
BlackRock Portfolio Management LLC (“BlackRock”) 11.60%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Hasbro, Inc. (HAS) Latest News

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HAS metrics, ten years each

stockrow.com/HAS · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com