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Hasbro (Hasbro) EBIT

: $-1,523 Mil (TTM As of Dec. 2023)
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Hasbro's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-1,199 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-1,523 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hasbro's annualized ROC % for the quarter that ended in Dec. 2023 was -9.86%. Hasbro's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -410.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hasbro's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -14.35%.


Hasbro EBIT Historical Data

The historical data trend for Hasbro's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hasbro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 696.20 523.20 761.60 432.50 -1,522.80

Hasbro Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -118.40 25.30 -181.30 -167.90 -1,198.90

Competitive Comparison

For the Leisure subindustry, Hasbro's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hasbro EV-to-EBIT Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Hasbro's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hasbro's EV-to-EBIT falls into.



Hasbro EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,523 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hasbro  (NAS:HAS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Hasbro's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-690.4 * ( 1 - 14.81% )/( (6994.7 + 4933.1)/ 2 )
=-588.15176/5963.9
=-9.86 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Hasbro's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4795.6/( ( (474.6 + max(1119.6, 0)) + (488.6 + max(252.9, 0)) )/ 2 )
=-4795.6/( ( 1594.2 + 741.5 )/ 2 )
=-4795.6/1167.85
=-410.63 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1102 + 617.7 + 1336) - (1161.1 + 112.1 + 662.9)
=1119.6

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1029.3 + 332 + 417.5) - (1340.6 + 101.6 + 83.7)
=252.9

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Hasbro's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-1522.8/10610.111
=-14.35 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hasbro EBIT Related Terms

Thank you for viewing the detailed overview of Hasbro's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Hasbro (Hasbro) Business Description

Address
1027 Newport Avenue, P.O. Box 1059, Pawtucket, RI, USA, 02861-1059
Hasbro is a branded play company providing children and families around the world with entertainment offerings based on a world-class brand portfolio. From toys and games to television programming, motion pictures, and a licensing program, Hasbro reaches customers by leveraging its well-known brands such as Transformers, Nerf, and Magic: The Gathering. Ownership stakes in Discovery Family, which offers programming around Hasbro brands, and production capabilities (some of which are set to be divested) from Entertainment One helped bolster Hasbro's multichannel presence. The firm acquired EOne in 2019, bolting on popular family properties like Peppa Pig and PJ Masks, and tied up with Dungeons & Dragons Beyond in 2022, offering the firm access 10 million digital tabletop players.
Executives
Matthew Edward Austin officer: EVP & Chief Revenue Officer HASBRO, INC., 1027 NEWPORT AVENUE, PAWTUCKET RI 02861
Gina M Goetter officer: EVP & CFO C/O HASBRO, INC., 1027 NEWPORT AVENUE, PAWTUCKET RI 02861
Timothy J. Kilpin officer: President, Toy, Lic & Ent HASBRO, INC., 1027 NEWPORT AVENUE, PAWTUCKET RI 02861
Najuma Atkinson officer: EVP & Chief People Officer C/O HASBRO, INC., 1011 NEWPORT AVE, PAWTUCKET RI 02861
Cynthia W Williams officer: President, WOTC C/O WIZARDS OF THE COAST LLC, 1600 LIND AVENUE, SW, STE 400, RENTON WA 98055
Michael Raymond Burns director 2700 COLORADO AVENUE, STE 200, SANTA MONICA CA 90404
Christian P Cocks officer: President & COO, WOTC C/O HASBRO, INC., 1011 NEWPORT AVE, PAWTUCKET RI 02861
Blake J Jorgensen director 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Elizabeth Hamren director 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Tarrant L. Sibley officer: SVP,Chief Legal Officer & Sec C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Courtney Thomas J Jr. officer: EVP, Global Operations C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Deborah Thomas officer: Sr. VP and Controller C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02862
Michael Hogg officer: EVP, Chief Commercial Officer C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Eric Nyman officer: Chief Consumer Officer & COO C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Brian Goldner officer: President, Toy C/O HASBRO INC, 1027 NEWPORT AVENUE, PAWTUCKET RI 02862

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