Tearsheet

Hasbro (HAS)

Market Price (12/4/2025): $82.46 | Market Cap: $11.6 Bil
Sector: Consumer Discretionary | Industry: Leisure Products

Hasbro (HAS)

Market Price (12/4/2025): $82.46
Market Cap: $11.6 Bil
Sector: Consumer Discretionary
Industry: Leisure Products

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, Experience Economy & Premiumization, and Digital Content & Streaming. Themes include Direct-to-Consumer Brands, Show more.

0	Megatrend and thematic drivers Megatrends include E-commerce & Digital Retail, Experience Economy & Premiumization, and Digital Content & Streaming. Themes include Direct-to-Consumer Brands, Show more.

Valuation, Metrics & Events

	12/4/25	2024	2023	2022	2021
Share Price CYE	$82.46	$53.76	$46.85	$53.21	$85.72
Market Cap CYE ($ Bil)	11.6	7.5	6.5	7.3	11.8
Total Debt ($ Bil)	3.3	3.4	3.5	4.0	4.1
Total Cash ($ Bil)	0.6	0.7	0.5	0.5	1.0
Enterprise Value ($ Bil)	14.3	10.9	10.0	11.3	15.9
Valuation Ratios
P/S TTM	2.4	1.9	1.4	1.4	2.2
P/EBIT TTM	-40.4	11.7	-4.7	19.6	18.4
P/E TTM	-19.1	20.2	-4.8	41.6	32.8
Sector Ratios
P/S TTM (Sector)	0.8	0.8	0.9	0.8	1.4
P/EBIT TTM (Sector)	7.6	8.0	7.8	6.3	8.3
P/E TTM (Sector)	10.4	11.1	10.7	8.4	10.8

	12/4/25	2024	2023
Share Price CYE	$82.46	$53.76	$46.85
Market Cap CYE ($ Bil)	11.6	7.5	6.5
Total Debt ($ Bil)	3.3	3.4	3.5
Total Cash ($ Bil)	0.6	0.7	0.5
Enterprise Value ($ Bil)	14.3	10.9	10.0
Valuation Ratios
P/S TTM	2.4	1.9	1.4
P/EBIT TTM	-40.4	11.7	-4.7
P/E TTM	-19.1	20.2	-4.8
Sector Ratios
P/S TTM (Sector)	0.8	0.8	0.9
P/EBIT TTM (Sector)	7.6	8.0	7.8
P/E TTM (Sector)	10.4	11.1	10.7

	HAS	S&P 500
REVENUE GROWTH
Rev LTM ($ Bil)	4.4
Rev Chg Q	8.3%	0.8%
Rev Chg LTM	0.8%	0.8%
Rev Chg 3Y Avg	-10.7%	3.1%
PROFITABILITY	POOR
Op Inc LTM ($ Bil)	0.8
CFO LTM ($ Bil)	0.7
Net Inc LTM ($ Bil)	-0.6
Op Mgn LTM	19.1%	22.0%
CFO/Rev LTM	17.2%	20.7%
Net Inc Mgn	-12.8%	10.1%
VALUATION	MODERATE
P/S	2.4	2.1
P/CFO	14.2	9.9
P/FCF	19.4	12.2
P/E	-19.1	20.7
STABILITY	GOOD
Debt/Equity	0.31	0.44
Cash/Assets	0.11	0.05

AI Generated Analysis | Feedback

Metric	Value	Date	Source
Magic: The Gathering Arena Registered Players	Over 13 million	5292025	Link
Total Magic: The Gathering Players	Over 50 million	1012024	Link
Wizards of the Coast and Digital Gaming Segment Revenue Growth (Year-over-Year)	28%	6302025	Link
Consumer Products Segment Revenue Decline (Year-over-Year)	-10%	6302025	Link
Entertainment Segment Revenue Decline (Year-over-Year)	-9%	6302025	Link
Hasbro Owned Inventory Reduction (Year-over-Year)	53%	3312024	Link
Gross Cost Savings Target	$750 million by year-end 2025	4242024	Link
Fan Base Expansion Goal	Expand from over 500 million to over 750 million by 2027	2272025	Link
Total Scope 1 & 2 GHG Emissions (market-based in metric tons CO2e)	4087	12312024	Link
Total Scope 3 GHG Emissions (metric tons CO2e)	698076	12312024	Link

Recent
11/19/2025	Dividend	Amount: $0.70 Payment On: 12/03/2025
Upcoming
2/19/2026	Earnings Release	Rev: - EPS: -

HAS Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

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1. Hasbro reported strong third-quarter 2025 financial results, surpassing analyst expectations for both earnings per share (EPS) and revenue. The company announced an 8% increase in revenue to $1.39 billion and a 13% rise in operating profit. This performance, released on October 23, 2025, indicated robust underlying business strength.

2. Exceptional growth in the Wizards of the Coast and Digital Gaming segment significantly boosted overall revenue. This segment saw a 42% increase in revenue, primarily driven by a 55% growth in Magic: The Gathering and a 21% rise in licensed digital gaming. The strong performance of these high-margin properties contributed positively to Hasbro's financial health and investor confidence.

3. Hasbro raised its full-year outlook for 2025, signaling continued positive momentum. Following the strong third-quarter results, the company increased its full-year projection for total revenue to grow by high-single digits in constant currency, with an adjusted operating margin expected to be between 22%-23%. This upward revision reflected management's confidence in the company's strategic initiatives and future performance.

4. Positive analyst sentiment and multiple price target upgrades contributed to favorable market perception. Several analysts reiterated or raised their price targets for Hasbro's stock from August through November 2025, resulting in a consensus "Strong Buy" or "Moderate Buy" rating. This ongoing positive re-evaluation by the investment community reflected growing confidence in Hasbro's business model and growth prospects.

5. Hasbro's stock reached a new 52-week high in early December 2025, demonstrating strong upward momentum. On December 2, 2025, Hasbro's stock traded as high as $83.45, setting a new 52-week high. This achievement highlighted sustained investor interest and a positive market response to the company's recent performance and outlook, with the stock closing at $82.47 on December 3, 2025.

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Stock Movement Drivers

Fundamental Drivers

The 5.3% change in HAS stock from 9/3/2025 to 12/3/2025 was primarily driven by a 2.8% change in the company's P/S Multiple.

	9032025	12032025	Change
Stock Price ($)	78.30	82.47	5.32%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	4250.80	4357.00	2.50%
P/S Multiple	2.58	2.66	2.83%
Shares Outstanding (Mil)	140.30	140.40	-0.07%
Cumulative Contribution			5.32%

LTM = Last Twelve Months as of date shown

Market Drivers

9/3/2025 to 12/3/2025

	Return	Correlation
HAS	5.3%
Market (SPY)	6.2%	52.7%
Sector (XLY)	3.5%	48.9%

Fundamental Drivers

The 28.3% change in HAS stock from 6/4/2025 to 12/3/2025 was primarily driven by a 26.2% change in the company's P/S Multiple.

	6042025	12032025	Change
Stock Price ($)	64.26	82.47	28.34%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	4265.30	4357.00	2.15%
P/S Multiple	2.11	2.66	26.17%
Shares Outstanding (Mil)	139.80	140.40	-0.43%
Cumulative Contribution			28.33%

LTM = Last Twelve Months as of date shown

Market Drivers

6/4/2025 to 12/3/2025

	Return	Correlation
HAS	28.3%
Market (SPY)	15.1%	56.7%
Sector (XLY)	11.5%	55.8%

Fundamental Drivers

The 31.3% change in HAS stock from 12/3/2024 to 12/3/2025 was primarily driven by a 31.1% change in the company's P/S Multiple.

	12032024	12032025	Change
Stock Price ($)	62.81	82.47	31.29%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	4322.80	4357.00	0.79%
P/S Multiple	2.03	2.66	31.10%
Shares Outstanding (Mil)	139.50	140.40	-0.65%
Cumulative Contribution			31.29%

LTM = Last Twelve Months as of date shown

Market Drivers

12/3/2024 to 12/3/2025

	Return	Correlation
HAS	31.3%
Market (SPY)	14.3%	58.6%
Sector (XLY)	7.4%	55.8%

Fundamental Drivers

The 49.4% change in HAS stock from 12/4/2022 to 12/3/2025 was primarily driven by a 115.5% change in the company's P/S Multiple.

	12042022	12032025	Change
Stock Price ($)	55.21	82.47	49.37%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	6191.60	4357.00	-29.63%
P/S Multiple	1.23	2.66	115.49%
Shares Outstanding (Mil)	138.30	140.40	-1.52%
Cumulative Contribution			49.33%

LTM = Last Twelve Months as of date shown

Market Drivers

12/4/2023 to 12/3/2025

	Return	Correlation
HAS	83.3%
Market (SPY)	53.2%	47.3%
Sector (XLY)	42.3%	44.4%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
HAS Return	-8%	12%	-38%	-12%	15%	52%	-2%
Peers Return	15%	20%	-23%	17%	-16%	23%	29%
S&P 500 Return	16%	27%	-19%	24%	23%	16%	112%
Monthly Win Rates [3]
HAS Win Rate	67%	67%	33%	58%	58%	80%
Peers Win Rate	60%	53%	37%	45%	45%	64%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
HAS Max Drawdown	-57%	-5%	-44%	-26%	-8%	-8%
Peers Max Drawdown	-55%	-1%	-31%	-11%	-23%	-27%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: BC, PII, HAS, MAT, THO. See HAS Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

Unique Key	Event	HAS	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-58.7%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	142.4%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-57.7%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	136.5%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	Not Fully Recovered days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-32.8%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	48.8%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	201 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-47.7%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	91.4%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	406 days	1480 days

Compare to BC, PII, HAS, MAT, THO

In The Past

Hasbro's stock fell -58.7% during the 2022 Inflation Shock from a high on 1/4/2022. A -58.7% loss requires a 142.4% gain to breakeven.

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About Hasbro (HAS)

Hasbro, Inc., together with its subsidiaries, operates as a play and entertainment company. Its Consumer Products segment engages in the sourcing, marketing, and sale of toy and game products. This segment also promotes its brands through the out-licensing of trademarks, characters, and other brand and intellectual property rights to third parties through the sale of branded consumer products, such as toys and apparels. Its toys and games include action figures, arts and crafts and creative play products, fashion and other dolls, play sets, preschool toys, plush products, sports action blasters and accessories, vehicles and toy-related specialty products, games, and other consumer products; and licensed products, such as apparels, publishing products, home goods and electronics, and toy products. The company's Wizards of the Coast and Digital Gaming segment engages in the promotion of its brands through the development of trading card, role-playing, and digital game experiences based on Hasbro and Wizards of the Coast games. Its Entertainment segment engages in the development, acquisition, production, distribution, and sale of world-class entertainment content, including film, scripted and unscripted television, family programming, digital content, and live entertainment. The company sells its products to retailers, distributors, wholesalers, discount stores, drug stores, mail order houses, catalog stores, department stores, and other traditional retailers, as well as ecommerce retailers; and directly to customer through Hasbro PULSE e-commerce website. Hasbro, Inc. was founded in 1923 and is headquartered in Pawtucket, Rhode Island.

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A smaller Disney, focused on toys, board games, and entertainment based on its iconic IPs.
Like Mattel, but with a deeper portfolio of classic board games (e.g., Monopoly, Scrabble) and an expanding entertainment division.

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Magic: The Gathering: A premier collectible trading card game enjoyed by millions globally.
Dungeons & Dragons: A foundational fantasy tabletop role-playing game.
Nerf: A popular line of foam dart blasters, water blasters, and sports toys.
Play-Doh: A beloved brand of colorful modeling compound for creative play.
Monopoly: The iconic property trading board game, available in countless editions.
Transformers: A global entertainment franchise featuring converting robot action figures and media.
Peppa Pig: A highly successful preschool entertainment brand, primarily featuring toys and merchandise.

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Hasbro (symbol: HAS) primarily sells its products to other companies, specifically major retailers that then distribute and sell to individual consumers. Its major customers include:

Walmart Inc. (symbol: WMT)
Amazon.com, Inc. (symbol: AMZN)
Target Corporation (symbol: TGT)

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Chris Cocks, Chief Executive Officer and Director

Chris Cocks became the Chief Executive Officer of Hasbro in February 2022. Prior to this role, he served as the President of Hasbro's Wizards of the Coast and Digital Gaming segment, where he was credited with more than doubling the division's growth and driving its expansion into digital gaming with titles like Magic: The Gathering Arena, and making Dungeons & Dragons a pop culture phenomenon. Before joining Hasbro in 2016, Mr. Cocks held senior management positions at Microsoft Corporation, where he guided marketing strategies for popular Xbox Games franchises, including Halo and Fable, and served as Vice President of OEM Technical Sales. His career also includes experience as Vice President of Educational Games at LeapFrog and in brand management at Procter & Gamble.

Gina Goetter, Chief Financial Officer and Chief Operating Officer

Gina Goetter joined Hasbro in May 2023 as Chief Financial Officer and Chief Operating Officer, bringing over 25 years of experience in finance and operations. She previously served as the Chief Financial Officer at Harley-Davidson, where she was responsible for finance, accounting, treasury, tax, investor relations, and mergers & acquisitions, and led a multi-year strategic transformation for the company. Earlier in her career, Ms. Goetter was the Senior Vice President of Finance for Tyson Foods' Prepared Foods Segment and spent 21 years at General Mills in various senior finance roles, including CFO for General Mills Canada Corp. She also serves on the board of SC Johnson and LiveWire Group, Inc.

Tim Kilpin, President, Toys, Licensing and Entertainment

Tim Kilpin serves as President, Toys, Licensing & Entertainment for Hasbro, Inc. He is responsible for overseeing Hasbro's multi-billion-dollar Toy business, focusing on optimizing the value and performance of the company's strategic franchise brands and intellectual property. Mr. Kilpin has over 30 years of experience as a leader and executive in the Toy and Children's Entertainment industries, setting brand strategies and creative direction for iconic children's brands.

Tarrant Sibley, Executive Vice President, Chief Legal Officer and Corporate Secretary

As the Chief Legal Officer for Hasbro, Inc., Tarrant Sibley leads the company's global legal operations. He also serves as the Corporate Secretary for Hasbro's Board of Directors. His responsibilities include compliance, employment law, governance, intellectual property, licensing, litigation, mergers and acquisitions, securities, and government affairs. Before joining Hasbro, Mr. Sibley was an associate with law firms Palmer & Dodge LLP and Hale and Dorr LLP.

Stephanie Beal, Chief Supply Chain Officer

Stephanie Beal joined Hasbro in 2022 as SVP, Global Planning, and later became Chief Supply Chain Officer. She brings over 30 years of experience in supply chain management within the consumer packaged goods (CPG) industry, covering manufacturing, planning, logistics, and supporting technologies. In her prior role as VP Planning, Strategy & Transformation at Rockwell Automation, she oversaw supply chain process and technology implementations to improve service performance.

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Clear emerging threats for Hasbro (HAS) include:

Emergence of new collectible card games (CCGs) directly competing with Magic: The Gathering. A prime example is Disney Lorcana, which launched in 2023. Backed by Disney's powerful intellectual property and marketing, Lorcana directly competes for player base, collector attention, and market share within the lucrative trading card game segment, posing a direct challenge to Hasbro's highly profitable Wizards of the Coast division.
Accelerated shift of child entertainment and play patterns towards digital platforms. Children are increasingly dedicating more screen time to interactive digital experiences such as Roblox, Minecraft, TikTok, and YouTube Kids. This pervasive and engaging digital consumption directly reduces the time and attention available for physical toys and traditional games, posing an ongoing and intensifying threat to Hasbro's core Consumer Products segment by fundamentally altering how younger generations choose to play and interact.

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Hasbro (symbol: HAS) operates in several addressable markets for its main products and services, including toys, games and puzzles, digital gaming, and entertainment.

Global Toy Market: The global toys market was valued at USD 200.08 billion in 2024 and is projected to grow to USD 349.15 billion by 2035, with a Compound Annual Growth Rate (CAGR) of 5.19% from 2025 to 2035. Another report indicated the global toys market was valued at $92.2 billion in 2019 and is projected to reach $103.8 billion by 2027, growing at a CAGR of 2.5% from 2021 to 2027.
North America Toy Market: North America held the major share of the global toy market, accounting for over 28% of worldwide revenue with a market size of USD 32,388.53 million in 2024. The U.S. toy market is expected to grow significantly, reaching USD 81.32 billion by 2032.
Global Preschool Children's Toy Market: This market was valued at USD 12.98 billion in 2024 and is projected to reach USD 25.57 billion by 2031, growing at a CAGR of 4.6% from 2024 to 2031. In 2023, global preschool toy sales recorded approximately USD 10 billion.
Global Action Figures Market: The global action figures market is expected to be worth around USD 18.7 billion by 2034, growing from USD 8.5 billion in 2024 at a CAGR of 8.2% during the forecast period from 2025 to 2034. Another estimate projects the market to increase at a CAGR of 8.9% from USD 10.6 billion in 2025 to USD 24.7 billion by 2035.
North America Action Figures Market: North America leads this market with a commanding 42.5% share in 2024, valued at USD 3.61 billion.
Global Educational Toys Market: The global educational toys market size was estimated at USD 54.00 billion in 2023 and is projected to reach USD 118.79 billion by 2030, growing at a CAGR of 12.0% from 2024 to 2030.
Global Board Games Market: The global board games market size was valued at USD 14.32 billion in 2023 and is poised to grow to USD 34.04 billion by 2032, with a CAGR of 10.1% in the forecast period (2025-2032). Another report valued the market at USD 21.07 billion in 2023, expecting it to reach USD 41.07 billion by 2029, rising at a CAGR of 11.77%.
North America Board Games Market: North America dominated the market in 2023, valued at USD 5.38 billion, and also took the leading share in 2024 with USD 5.98 billion. The U.S. market alone is estimated to reach USD 3.90 billion in 2025.
Global Games and Puzzles Market: This market was estimated at USD 17.04 billion in 2023 and is projected to reach USD 54.19 billion by 2030, growing at a CAGR of 18% from 2024 to 2030. Another source indicates the global market size was valued at USD 20.4 billion in 2025 and is expected to reach USD 41.2 billion by 2035, growing at a 7.3% CAGR.
U.S. Games and Puzzles Market: The games and puzzles market in the United States is expected to reach a projected revenue of US$ 13,557.8 million by 2030, with a CAGR of 18.3% from 2024 to 2030.
Global Digital Gaming Market: The global digital gaming market, valued at $226.7 billion in 2024, is projected to grow at a 15.7% CAGR, reaching $840.56 billion by 2033. Mobile gaming alone accounts for approximately $92 billion in 2024.
Global Entertainment and Media Market: The global entertainment and media market is projected to grow significantly from 3070.92 USD billion in 2024 to 8020.97 USD billion by 2035.

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Hasbro (HAS) is expected to drive future revenue growth over the next two to three years through several strategic initiatives:

Expansion of Wizards of the Coast and Digital Gaming: The Wizards of the Coast and Digital Gaming segment, home to franchises like Magic: The Gathering and Dungeons & Dragons, is a significant growth engine for Hasbro. The company anticipates high revenue growth in this segment, driven by new player acquisition, successful "Universes Beyond" collaborations with popular brands such as Spider-Man and Final Fantasy, and the launch of new internally published video games, including "Exodus" in 2026.
Expanding Global Reach and Fan Base: Hasbro aims to increase its global reach from over 500 million to more than 750 million kids, families, and fans by 2027. This growth in its customer base will be achieved through initiatives such as "aging up" its appeal to fans aged 13 and above across its brands, expanding into girls' toys, and penetrating emerging markets.
Leveraging Brand Portfolio and Strategic Licensing Partnerships: Hasbro intends to drive profitable growth by leveraging its extensive brand portfolio and cultivating strategic licensing partnerships. This includes collaborations for blockbuster movies, themed hotels, cruise ships, quick-service restaurants, and AAA video games. The "Universes Beyond" strategy for Magic: The Gathering, which involves licensing other major intellectual properties, is a key component of this approach.
Enhancing Direct-to-Consumer (DTC) and Digital Capabilities: The company is focused on building its digital and direct-to-consumer capabilities, including its e-commerce platforms and services. Hasbro's direct platform, anchored by Hasbro Pulse and D&D Beyond, is projected to become a $1 billion digital and e-commerce direct business with over 50 million accounts by 2027. This includes new exclusives, crowdfunded products, and the relaunch of iconic collectibles and gaming systems.

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Share Repurchases

As of September 29, 2024, Hasbro had $241.6 million remaining available under its share repurchase authorization.
Hasbro's annual net common equity issued/repurchased for 2022 was -$125 million, indicating net repurchases.
Net common equity issued/repurchased for 2023 and 2024 was $0, suggesting a pause in significant repurchase activity in these years.

Share Issuance

Hasbro's shares outstanding increased by 0.36% in 2022 to 0.139 billion and by 1.08% in 2024 to 0.14 billion, indicating minor share issuances, likely related to employee stock plans.
In its 2024 Annual Report, Hasbro reported 7.7 million shares reserved for issuance under stock incentive plans for employees and non-employee directors.
Stock compensation expense (before income taxes) was $97.8 million in 2021, $81.3 million in 2022, and $71.9 million in 2023.

Outbound Investments

On December 27, 2023, Hasbro completed the sale of its eOne Film and TV business to Lionsgate for $500 million, excluding its family brands.
The company's strategic focus involves "partner-scaled co-investment" to expand its reach through retail and licensing partnerships.
Entertainment investments are focused on Hasbro's intellectual property (IP), including merchandise and digital engagement opportunities, prioritizing franchise brands.

Capital Expenditures

Hasbro's capital expenditures were $132.7 million in 2021, $174.2 million in 2022, $209.3 million in 2023, and $197.5 million in 2024.
Expected capital expenditures for 2025 are $214 million.
Capital allocation priorities for 2025 include investing in the core business, specifically high-return growth drivers such as Wizards of the Coast and digital initiatives, as well as systems modernization, supply chain excellence, design acceleration, and AI and digital advancement.

	Best Bets In Consumer Discretionary Sector
What You Pay
P/E	-19.1
P/EBIT	-40.4
What You Get
Rev Chg Q	8.3%
Rev Chg LTM	0.8%
Rev Chg 3Y Avg	-10.7%
FCF/Rev 3Y Avg	11.7%

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	6-Day Rally Sends Hasbro Stock Up 8.7%	Notification
2	Hasbro Stock 5-Day Winning Spree: Stock Climbs 7.3%	Notification
3	How Low Can Hasbro Stock Really Go?	Return
4	Day 11 of Gains Streak for Hasbro Stock with 9.2% Return (vs. 49% YTD) [8/18/2025]	Notification
5	Hasbro vs Merck: Which Is A Better Investment?	Counter-Intuitive Comparisons
6	Hasbro vs Expedia: Which Is A Better Investment?	Counter-Intuitive Comparisons
7	Hasbro vs YETI: Which Is A Better Investment?	Counter-Intuitive Comparisons
8	Day 10 of Gains Streak for Hasbro Stock with 8.7% Return (vs. 48% YTD) [8/15/2025]	Notification
9	Day 9 of Gains Streak for Hasbro Stock with 7.9% Return (vs. 47% YTD) [8/14/2025]	Notification
10	How Does Hasbro Stock Stack Up Against Its Peers?	Peer Comparison
11	ARTICLES
12	Hasbro Stock On Fire: Up 8.7% With 6-Day Winning Streak		November 27th, 2025
13	Hasbro Stock Surges 7.3%, With A 5-Day Winning Spree		November 26th, 2025
14	Mid Cap Stocks Trading At 52-Week High		August 19th, 2025
15	HAS Stock Up 9.2% after 11-Day Win Streak		August 19th, 2025
16	HAS Stock Up 8.7% after 10-Day Win Streak		August 16th, 2025

	Title
0	DASHBOARDS
1	6-Day Rally Sends Hasbro Stock Up 8.7%
2	Hasbro Stock 5-Day Winning Spree: Stock Climbs 7.3%
3	How Low Can Hasbro Stock Really Go?
4	Day 11 of Gains Streak for Hasbro Stock with 9.2% Return (vs. 49% YTD) [8/18/2025]
5	Hasbro vs Merck: Which Is A Better Investment?
6	Hasbro vs Expedia: Which Is A Better Investment?
7	Hasbro vs YETI: Which Is A Better Investment?
8	Day 10 of Gains Streak for Hasbro Stock with 8.7% Return (vs. 48% YTD) [8/15/2025]
9	Day 9 of Gains Streak for Hasbro Stock with 7.9% Return (vs. 47% YTD) [8/14/2025]
10	How Does Hasbro Stock Stack Up Against Its Peers?
11	ARTICLES
12	Hasbro Stock On Fire: Up 8.7% With 6-Day Winning Streak
13	Hasbro Stock Surges 7.3%, With A 5-Day Winning Spree
14	Mid Cap Stocks Trading At 52-Week High
15	HAS Stock Up 9.2% after 11-Day Win Streak
16	HAS Stock Up 8.7% after 10-Day Win Streak

Trade Ideas

Select past ideas related to HAS. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE	11302025	BBWI	Bath & Body Works	Dip Buy	DB \| Insider Buys \| Low D/EDip Buy with Strong Insider Buying Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap	6.8%	6.8%	0.0%
HRB_11262025_Dip_Buyer_FCFYield	11262025	HRB	H&R Block	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	0.5%	0.5%	0.0%
LRN_11262025_Dip_Buyer_FCFYield	11262025	LRN	Stride	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-2.6%	-2.6%	-2.6%
ABNB_11212025_Dip_Buyer_FCFYield	11212025	ABNB	Airbnb	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.7%	3.7%	0.0%
MTN_11212025_Dip_Buyer_FCFYield	11212025	MTN	Vail Resorts	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	1.3%	1.3%	-1.6%
HAS_9302022_Dip_Buyer_ValueBuy	09302022	HAS	Hasbro	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	-18.5%	2.7%	-28.5%
HAS_6302020_Dip_Buyer_FCFYield	06302020	HAS	Hasbro	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	26.8%	30.2%	-4.6%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE	11302025	BBWI	Bath & Body Works	Dip Buy	DB \| Insider Buys \| Low D/EDip Buy with Strong Insider Buying Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap	6.8%	6.8%	0.0%
HRB_11262025_Dip_Buyer_FCFYield	11262025	HRB	H&R Block	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	0.5%	0.5%	0.0%
LRN_11262025_Dip_Buyer_FCFYield	11262025	LRN	Stride	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-2.6%	-2.6%	-2.6%
ABNB_11212025_Dip_Buyer_FCFYield	11212025	ABNB	Airbnb	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.7%	3.7%	0.0%
MTN_11212025_Dip_Buyer_FCFYield	11212025	MTN	Vail Resorts	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	1.3%	1.3%	-1.6%
HAS_9302022_Dip_Buyer_ValueBuy	09302022	HAS	Hasbro	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	-18.5%	2.7%	-28.5%
HAS_6302020_Dip_Buyer_FCFYield	06302020	HAS	Hasbro	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	26.8%	30.2%	-4.6%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
OLMA	Olema Pharmaceuticals	2.3	223.6%	367.4%
COGT	Cogent Biosciences	5.4	152.6%	402.1%
CDTX	Cidara Therapeutics	5.9	115.1%	722.1%
IRWD	Ironwood Pharmaceuticals	0.6	100.5%	-15.8%
TERN	Terns Pharmaceuticals	2.5	95.9%	396.2%
FRGE	Forge Global	0.6	90.3%	217.8%
SGML	Sigma Lithium	1.1	87.3%	-10.6%
INSP	Inspire Medical Systems	4.0	82.8%	-27.3%
NPCE	NeuroPace	0.6	77.2%	48.9%
ALMS	Alumis	0.6	71.9%	-0.3%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
UP	Wheels Up Experience	0.4	-52.7%	-62.4%
CCOI	Cogent Communications	0.9	-51.9%	-72.9%
SMR	NuScale Power	3.0	-50.7%	12.3%
FRMI	Fermi	10.3	-47.5%
AMSC	American Superconductor	1.4	-47.2%	30.1%
TLRY	Tilray Brands	7.5	-46.1%	-46.9%
BTDR	Bitdeer Technologies	2.4	-44.8%	-41.8%
EXOD	Exodus Movement	0.4	-43.1%	-53.3%
STUB	Stubhub	3.5	-39.8%
METC	Ramaco Resources	1.0	-39.4%	66.9%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

Peer Comparisons for Hasbro

Peers to compare with:

Financials

	HAS	BC	PII	MAT	THO	Median
Name	Hasbro	Brunswick	Polaris	Mattel	Thor Ind.
Mkt Price	-	-	-	-	-	-
Mkt Cap	-	-	-	-	-	-
Rev LTM	-	-	-	-	-	-
Op Inc LTM	-	-	-	-	-	-
FCF LTM	-	-	-	-	-	-
FCF 3Y Avg	-	-	-	-	-	-
CFO LTM	-	-	-	-	-	-
CFO 3Y Avg	-	-	-	-	-	-

Growth & Margins

	HAS	BC	PII	MAT	THO	Median
Name	Hasbro	Brunswick	Polaris	Mattel	Thor Ind.
Rev Chg LTM	-	-	-	-	-	-
Rev Chg 3Y Avg	-	-	-	-	-	-
Rev Chg Q	-	-	-	-	-	-
QoQ Delta Rev Chg LTM	-	-	-	-	-	-
Op Mgn LTM	-	-	-	-	-	-
Op Mgn 3Y Avg	-	-	-	-	-	-
QoQ Delta Op Mgn LTM	-	-	-	-	-	-
CFO/Rev LTM	-	-	-	-	-	-
CFO/Rev 3Y Avg	-	-	-	-	-	-
FCF/Rev LTM	-	-	-	-	-	-
FCF/Rev 3Y Avg	-	-	-	-	-	-

Valuation

	HAS	BC	PII	MAT	THO	Median
Name	Hasbro	Brunswick	Polaris	Mattel	Thor Ind.
Mkt Cap	-	-	-	-	-	-
P/S	-	-	-	-	-	-
P/EBIT	-	-	-	-	-	-
P/E	-	-	-	-	-	-
P/CFO	-	-	-	-	-	-
Total Yield	-	-	-	-	-	-
Dividend Yield	-	-	-	-	-	-
FCF Yield 3Y Avg	-	-	-	-	-	-
D/E	-	-	-	-	-	-
Net D/E	-	-	-	-	-	-

Returns

	HAS	BC	PII	MAT	THO	Median
Name	Hasbro	Brunswick	Polaris	Mattel	Thor Ind.
1M Rtn	-	-	-	-	-	-
3M Rtn	-	-	-	-	-	-
6M Rtn	-	-	-	-	-	-
12M Rtn	-	-	-	-	-	-
3Y Rtn	-	-	-	-	-	-
1M Excs Rtn	-	-	-	-	-	-
3M Excs Rtn	-	-	-	-	-	-
6M Excs Rtn	-	-	-	-	-	-
12M Excs Rtn	-	-	-	-	-	-
3Y Excs Rtn	-	-	-	-	-	-

Comparison Analyses

	Title
0	How Does Hasbro Stock Stack Up Against Its Peers?
1	Hasbro vs. Polaris Industries: With Return Forecast Of 84%, Hasbro Is A Better Bet
2	MAT Could Deliver 13% Returns And Outperform HAS
3	Why HAS With 1.3% Upside May Beat EA?
4	Hasbro vs. Monster Beverage: With Return Forecast Of 37%, Monster Beverage Is A Better Bet
5	Hasbro vs. Intuitive Surgical: With Return Forecast Of 59%, Intuitive Surgical Is A Better Bet
6	Hasbro vs. ServiceNow: With Return Forecast Of 80%, ServiceNow Is A Better Bet
7	Hasbro vs. Carlisle: With Return Forecast Of 17%, Hasbro Is A Better Bet
8	Hasbro vs. Bath & Body Works: With Return Forecast Of 17%, Hasbro Is A Better Bet
9	Hasbro vs. Fidelity National Information Services: Similar Income, Similar Bets

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	9/28/2025	12/31/2024	12/31/2023	12/25/2022	12/26/2021	12/27/2020	12/29/2019
Filing Date	11/5/2025	2/27/2025	2/28/2024	2/22/2023	2/23/2022	2/24/2021	2/27/2020
Key Financials
Total Revenue	4,357	4,136	5,003	5,857	6,420	5,465	4,720
EBITDA	-73	880	-863	1,221	1,670	1,175	963
Operating Income	833	727	191	430	872	720	652
Net Income	-558	386	-1,489	204	429	222	520
EPS	-3.98	2.77	-10.73	1.47	3.11	1.62	4.07
Growth Rates
Total Revenue Growth	0.8%	-17.3%	-14.6%	-8.8%	17.5%	15.8%	3.1%
EBITDA Growth	60.8%	202.0%	-170.7%	-26.9%	42.1%	22.1%	68.0%
Operating Income Growth	72.9%	280.0%	-55.5%	-50.7%	21.1%	10.5%	97.0%
Net Income Growth	12.9%	125.9%	-831.8%	-52.5%	92.7%	-57.3%	136.1%
Margins
EBITDA Margin	-1.7%	21.3%	-17.3%	20.8%	26.0%	21.5%	20.4%
Operating Income Margin	19.1%	17.6%	3.8%	7.3%	13.6%	13.2%	13.8%
Net Income Margin	-12.8%	9.3%	-29.8%	3.5%	6.7%	4.1%	11.0%
Cash & Debt
Total Cash	621	695	545	499	983	1,376	4,580
Total Debt	3,346	3,411	3,496	4,006	4,069	5,099	4,047
Net Debt / (Cash)	2,726	2,716	2,952	3,508	3,086	3,723	-533
Cash Flows
Net Cash from Operations	750	847	726	373	818	976	653
Free Cash from Operations	550	650	516	199	685	850	520
Returns to Shareholders
Dividends	392	390	388	385	374	373	337
Share Repurchases	-0	-0	-0	125	-0	47	61

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	9/28/2025	6/29/2025	3/30/2025	12/31/2024	9/29/2024	6/30/2024	3/31/2024	12/31/2023	10/1/2023	7/2/2023	4/2/2023	12/25/2022
Filing Date	11/5/2025	7/31/2025	5/6/2025	2/27/2025	10/31/2024	7/31/2024	5/1/2024	2/28/2024	11/1/2023	8/4/2023	5/3/2023	2/22/2023
Key Financials Quarterly
Total Revenue	1,388	981	887	1,102	1,281	995	757	1,289	1,503	1,210	1,001	1,678
Ebitda	394	-736	220	49	386	280	166	-1,018	-47	7	195	128
Operating Income	341	224	196	73	302	227	125	-173	304	43	18	-127
Net Income	233	-856	99	-34	223	138	58	-1,061	-171	-235	-22	-129
EPS	1.66	-6.10	0.71	-0.25	1.60	0.99	0.42	-7.64	-1.23	-1.69	-0.16	-0.93
Key Financials TTM
Total Revenue TTM	4,357	4,251	4,265	4,136	4,323	4,545	4,760	5,003	5,393	5,565	5,695	5,857
Ebitda TTM	-73	-81	934	880	-186	-619	-892	-863	283	743	1,103	1,221
Operating Income TTM	833	794	798	727	482	484	299	191	237	151	328	430
Net Income TTM	-558	-568	426	386	-641	-1,036	-1,409	-1,489	-557	-257	120	204
Growth Rates Quarterly
Total Revenue Growth	8.3%	-1.5%	17.1%	-14.5%	-14.8%	-17.7%	-24.3%	-23.2%	-10.3%	-9.6%	-13.9%	-16.6%
EBITDA Growth	2.2%	-363.0%	32.5%	104.8%	922.8%	4139.4%	-14.8%	-892.6%	-111.3%	-98.2%	-37.7%	-70.6%
Operating Income Growth	13.0%	-1.6%	56.2%	142.2%	-0.5%	433.8%	600.0%	-36.2%	39.6%	-80.6%	-85.1%	-171.0%
Net Income Growth	4.5%	-717.9%	69.4%	96.8%	230.5%	158.9%	363.3%	-723.2%	-232.4%	-265.5%	-136.1%	-256.8%
Margins Quarterly
EBITDA Margin	28.4%	-75.0%	24.8%	4.4%	30.1%	28.1%	21.9%	-79.0%	-3.1%	0.5%	19.5%	7.6%
Operating Income Margin	24.6%	22.8%	22.1%	6.6%	23.6%	22.8%	16.5%	-13.4%	20.2%	3.5%	1.8%	-7.5%
Net Income Margin	16.8%	-87.3%	11.1%	-3.1%	17.4%	13.9%	7.7%	-82.3%	-11.4%	-19.4%	-2.2%	-7.7%
Cash & Debt
Total Cash	621	547	621	695	1,185	1,110	569	545	184	212	373	499
Total Debt	3,346	3,349	3,360	3,411	3,995	3,994	3,496	3,496	3,743	3,921	3,964	4,006
Net Debt / (Cash)	2,726	2,802	2,740	2,716	2,810	2,885	2,927	2,952	3,558	3,710	3,591	3,508
Cash Flows Quarterly
FCF from Operations	281	71	138	260	222	187	178	391	216	30	89	111
Cash Flows TTM
FCF from Operations TTM	750	692	808	847	978	972	815	726	446	344	327	373
Returns to Shareholders Quarterly
Dividends	98	98	98	98	98	97	97	97	97	97	97	97
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	38.4%	31.9%	20.8%	5.0%	33.1%	23.9%	12.5%	-19.9%	27.0%	4.6%	2.0%	-11.3%
Return on Invested Capital (ROIC) TTM
ROIC TTM	30.6%	28.3%	22.9%	21.3%	15.9%	14.5%	8.9%	5.6%	5.9%	4.1%	6.7%	9.5%

Segment Financials

Revenue by Segment

$ Mil	2024	2020
Consumer Products	3,171
Wizards of the Coast and Digital Gaming	1,641
Entertainment	711
Corporate and Other	187
Intersegment revenue	-707
Entertainment, Licensing and Digital		434
Global Operations		0
International		1,836
U.S. and Canada		2,449
Total	5,003	4,720

Operating Income by Segment

$ Mil	2024	2020
Wizards of the Coast and Digital Gaming	526
Consumer Products	-65
Corporate and Other	-88
Entertainment	-1,912
Corporate and eliminations		37
Entertainment, Licensing and Digital		100
Global Operations		-7
International		107
U.S. and Canada		415
Total	-1,539	652

Assets by Segment

$ Mil	2024	2023	2022	2021	2020
Consumer Products	6,456	5,758	4,926	5,552
Wizards of the Coast and Digital Gaming	4,340	2,969	1,585	586
Entertainment	3,508	6,273	6,053	6,003
Corporate and Other	-7,764	-5,704	-2,526	-1,323
Corporate and eliminations					-902
Entertainment, Licensing and Digital					696
Global Operations					3,334
International					2,482
U.S. and Canada					3,245
Total	6,541	9,296	10,038	10,818	8,856

Price Behavior

Price Behavior

Market Price	$82.47
Market Cap ($ Bil)	11.6
First Trading Date	12/18/1984
Distance from 52W High	-0.3%
	50 Days	200 Days
DMA Price	$76.38	$69.64
DMA Trend	up	indeterminate
Distance from DMA	8.0%	18.4%
	3M	1YR
Volatility	23.8%	35.8%
Downside Capture	95.04	90.54
Upside Capture	92.39	105.39
Correlation (SPY)	51.7%	58.7%

HAS Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	0.77	1.03	1.05	1.21	1.06	1.01
Up Beta	1.07	1.18	1.55	1.71	1.04	1.06
Down Beta	-1.09	1.22	0.88	1.28	1.21	1.08
Up Capture	175%	125%	91%	117%	111%	81%
Bmk +ve Days	12	25	38	73	141	426
Stock +ve Days	11	24	32	70	132	392
Down Capture	53%	70%	105%	89%	94%	99%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	8	17	30	54	114	354

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of HAS With Other Asset Classes (Last 1Y)
	HAS	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	34.2%	9.3%	15.3%	58.9%	4.6%	-5.8%	-3.1%
Annualized Volatility	35.6%	24.8%	19.7%	19.4%	15.9%	17.8%	35.7%
Sharpe Ratio	0.88	0.31	0.60	2.26	0.09	-0.48	0.04
Correlation With Other Assets		55.8%	58.6%	1.5%	21.1%	51.0%	22.1%

ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of HAS With Other Asset Classes (Last 5Y)
	HAS	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	1.8%	9.5%	15.0%	17.9%	11.9%	4.9%	37.1%
Annualized Volatility	31.9%	23.8%	17.1%	15.5%	18.9%	19.0%	49.1%
Sharpe Ratio	0.11	0.36	0.71	0.93	0.52	0.17	0.64
Correlation With Other Assets		47.5%	49.0%	3.6%	12.1%	43.4%	16.4%

Based On 10-Year Data

		Comparison of HAS With Other Asset Classes (Last 10Y)
	HAS	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	4.3%	12.6%	14.5%	14.2%	5.6%	5.4%	76.3%
Annualized Volatility	33.5%	22.0%	18.0%	14.8%	17.7%	20.9%	55.9%
Sharpe Ratio	0.21	0.53	0.69	0.79	0.25	0.23	0.95
Correlation With Other Assets		51.6%	51.8%	2.0%	17.8%	44.7%	12.1%

Short Interest

Short Interest: As Of Date	11142025
Short Interest: Shares Quantity	4,407,505
Short Interest: % Change Since 10312025	6.4%
Average Daily Volume	1,774,592
Days-to-Cover Short Interest	2.48
Basic Shares Quantity	140,400,000
Short % of Basic Shares	3.1%

Returns Analyses

	Title
0	How Low Can Hasbro Stock Really Go?
1	Hasbro During 2008 Recession vs. 2022 Inflation Shock: HAS Stock Has 6% Upside If It Recovers To Pre-Inflation Shock Levels
2	Hasbro Stock Return Comparison
3	Hasbro Total Shareholder Return (TSR): -37.3% in 2022 and -13.9% 3-yr returns (below peer average)

SEC Filings

Expand for More

Report Date	Filing Date	Filing
9302025	11052025	10-Q 9/28/2025
6302025	7312025	10-Q 6/29/2025
3312025	5062025	10-Q 3/30/2025
12312024	2272025	10-K 12/31/2024
9302024	10312024	10-Q 9/29/2024
6302024	7312024	10-Q 6/30/2024
3312024	5012024	10-Q 3/31/2024
12312023	2282024	10-K 12/31/2023
9302023	11012023	10-Q 10/1/2023
6302023	8042023	10-Q 7/2/2023
3312023	5032023	10-Q 4/2/2023
12312022	2222023	10-K 12/25/2022
9302022	10262022	10-Q 9/25/2022
6302022	7262022	10-Q 6/26/2022
3312022	4272022	10-Q 3/27/2022
12312021	2232022	10-K 12/26/2021

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Hasbro (HAS)

Market Price (12/4/2025): $82.46 | Market Cap: $11.6 BilSector: Consumer Discretionary | Industry: Leisure Products

Hasbro (HAS)

Market Price (12/4/2025): $82.46Market Cap: $11.6 BilSector: Consumer DiscretionaryIndustry: Leisure Products

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Market Price (12/4/2025): $82.46 | Market Cap: $11.6 Bil
Sector: Consumer Discretionary | Industry: Leisure Products

Market Price (12/4/2025): $82.46
Market Cap: $11.6 Bil
Sector: Consumer Discretionary
Industry: Leisure Products