Hasbro, Inc. (HAS) Stock Analysis
Consumer Cyclical · Leisure · NasdaqGS
Hasbro, Inc. (HAS) posted $4.70B in revenue for fiscal 2025 (up 13.7% year over year), with a net loss of $322.40M, and has compounded revenue about -3.0%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Hasbro, Inc.
Hasbro, Inc. has grown revenue from $5.02B to $4.70B over the last 10 fiscal years, compounding about -3% a year. The most recent year was up 13.7%, so growth is actually accelerating.
Net margin sits at -6.9%, down 16.2 points year over year on a 72.4% gross margin. It carries about $2.77B of total debt.
At today's valuation the market is pricing in roughly 4.6% annual free-cash-flow growth — versus the -0.5% it actually delivered over the last five years, so the price already assumes a step-up from the recent record. The one thing worth a second look in the filings is currently unprofitable.
Synthesised from Hasbro, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Hasbro, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.02B | $5.21B | $4.58B | $4.72B | $5.47B | $6.42B | $5.86B | $5.00B | $4.14B | $4.70B |
| Gross profit | $3.11B | $3.18B | $2.73B | $2.91B | $3.75B | $4.49B | $3.94B | $3.30B | $2.96B | $3.41B |
| Net income | $551.38M | $396.61M | $220.43M | $520.50M | $222.50M | $428.70M | $203.50M | $-1.49B | $385.60M | $-322.40M |
| Net margin | 11.0% | 7.6% | 4.8% | 11.0% | 4.1% | 6.7% | 3.5% | -29.8% | 9.3% | -6.9% |
Source: Hasbro, Inc. SEC filings (10-K). 18 years of history available in the interactive view.
Hasbro, Inc.: 1 potential red flag in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Currently unprofitableThe latest fiscal year was a net loss (net margin -6.9%).
What growth is priced into HAS stock?
At today's market cap of $13.25B, Hasbro, Inc. is priced for free-cash-flow growth of about 4.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $829.90M from the FY ending 2025-12-31). For comparison, free cash flow actually grew -0.5%/yr over the last five fiscal years and revenue -3%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 18 years of Hasbro, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Hasbro, Inc. financial history by metric
Compare Hasbro, Inc. with peers
About Hasbro, Inc.
Hasbro, Inc. operates as a toy and game company in the United States, Europe, Canada, Mexico, Latin America, Australia, China, and Hong Kong. The company offers trading cards and collectibles, action figures, arts and crafts and creative play products, dolls, play sets, preschool toys, plush products, vehicles and toy-related specialty products, sports action products and accessories, and other consumer products; and licensed products, such as apparel, publishing products, home goods and electronics, and toy products. It also engages in the sourcing, marketing, and sale of toy and game products; and 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 apparel. In addition, the company is involved in the promotion of its brands through the development of trading cards, role-playing, and digital game experiences based on Hasbro and Wizards of the Coast games; and license certain brands to other third-party digital game developers who transform Hasbro brand-based characters and other intellectual properties, into digital gaming experiences. Further, it develops and produces of Hasbro-branded entertainment content, including film, television, children's programming, digital content, and live entertainment. The company sells its products to retailers, distributors, wholesalers, discount stores, specialty hobby stores, drug stores, mail order houses, catalog stores, department stores, and other traditional retailers, as well as ecommerce retailers under the MAGIC: THE GATHERING, MONOPOLY, HASBRO GAMES, PLAY-DOH, TRANSFORMERS, DUNGEONS & DRAGONS, NERF, and PEPPA PIG, as well as LUCASFILMS' STAR WARS, BEYBLADE, Final Fantasy, The Lord of the Rings, Fallout, SPIDER-MAN, and THE AVENGERS brands. Hasbro, Inc. was founded in 1923 and is headquartered in Pawtucket, Rhode Island.
Hasbro, Inc. — frequently asked questions
What is Hasbro, Inc.'s revenue?
Hasbro, Inc. (HAS) reported revenue of $4.70B for fiscal year 2025, up 13.7% from the prior year, according to its SEC filings.
Is Hasbro, Inc. profitable?
No — HAS reported a net loss of $-322.40M in fiscal 2025.
What is HAS's P/E ratio?
Hasbro, Inc. trades at a price-to-earnings ratio of about 16.7 based on the latest data in our nightly-refreshed cache.
How fast is Hasbro, Inc. growing?
HAS's revenue grew at roughly -3.0% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Hasbro, Inc. have?
As of fiscal year 2025, HAS carried roughly $2.77B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Hasbro, Inc.'s gross margin?
HAS's gross margin was 72.4% in fiscal 2025 — gross profit of $3.41B on revenue of $4.70B.
What is Hasbro, Inc.'s market cap?
Hasbro, Inc. (HAS) has a market capitalization of about $13.25B, based on the latest data in our nightly-refreshed cache.
When does Hasbro, Inc.'s fiscal year end?
HAS's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into HAS stock?
At today's market cap of $13.25B, Hasbro, Inc. is priced for free-cash-flow growth of about 4.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $829.90M from the FY ending 2025-12-31). For comparison, free cash flow actually grew -0.5%/yr over the last five fiscal years and revenue -3%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Hasbro, Inc.'s official SEC filings (10-K and 10-Q), covering 18 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.