HAS (Hasbro) Debt-to-EBITDA : 2.87 (As of Mar. 2026) — Near Median


HAS Hasbro Inc HAS
71 GF Score
Price $78.96
GF Value $68.99
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Hasbro Debt-to-EBITDA?

Hasbro HAS +2.04% 71 Debt-to-EBITDA is 2.87 as of Mar. 2026, which is 8% below its 10-year median of 3.13. GuruFocus rates HAS with a GF Score™ of 71/100 and a GF Value™ of $68.99 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 642 Travel & Leisure companies, Hasbro ranks worse than 91.28% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hasbro's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $528 Mil. Hasbro's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $3,095 Mil. Hasbro's annualized EBITDA for the quarter that ended in Mar. 2026 was $1,263 Mil. Hasbro's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.87.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Hasbro's Debt-to-EBITDA or its related term are showing as below:

HAS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.05   Med: 3.13   Max: 14.16
Current: 11.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hasbro was 14.16. The lowest was -4.05. And the median was 3.13.

HAS's Debt-to-EBITDA is ranked worse than
91.28% of 642 companies
in the Travel & Leisure industry
Industry Median: 2.565 vs HAS: 11.02

Hasbro  (NAS:HAS) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Hasbro Debt-to-EBITDA Related Terms


Hasbro Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Hasbro's Debt-to-EBITDA 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.

Hasbro Debt-to-EBITDA Chart

Hasbro Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.44 3.28 -4.05 3.87 14.16

Hasbro Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial 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 3.82 -1.14 2.12 2.32 2.87

HAS vs LTH, GOLF, AS: Debt-to-EBITDA Comparison

For the Leisure subindustry, Hasbro's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Travel & Leisure Industry

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

* The bar in red indicates where Hasbro's Debt-to-EBITDA falls into.


HAS
71GF Score
Hasbro Inc HAS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Hasbro Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hasbro's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(527.6 + 2767.9) / 232.7
=14.16

Hasbro's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(528.4 + 3094.9) / 1263.2
=2.87

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.87 mean?
Hasbro (HAS) has a Debt-to-EBITDA of 2.87 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Hasbro. This is near median its historical median of 3.13. According to the industry distribution chart, Hasbro ranks #586 out of 642 companies in the Travel & Leisure industry, placing it in the top 91.3%.
Is Hasbro's Debt-to-EBITDA too high?
Hasbro's current Debt-to-EBITDA of 2.87 is near median its 10-year median of 3.13. The Travel & Leisure industry median Debt-to-EBITDA is 2.57. Hasbro's value of 2.87 is 11.9% above this industry median. Based on the distribution chart, Hasbro ranks #586 out of 642 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Hasbro has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hasbro's Debt-to-EBITDA compare to LTH and GOLF?
According to the Travel & Leisure industry distribution chart, Hasbro ranks #586 out of 642 companies for Debt-to-EBITDA. This places Hasbro in the lower half of its industry. The industry median Debt-to-EBITDA is 2.57. Hasbro's value of 2.87 is 11.9% above this benchmark. While the company's 10-year median is 3.13 vs. the industry median of 2.57, Hasbro has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.57, based on 642 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hasbro's current Debt-to-EBITDA of 2.87 is 11.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Hasbro. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hasbro's current Debt-to-EBITDA is 2.87, which is near median its own 10-year median of 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hasbro stock overvalued right now?
Based on GuruFocus' analysis, Hasbro (HAS) is currently considered Modestly Overvalued. The stock's GF Value™ is $68.99, compared to a current price of $78.96 — trading 14.5% above its estimated fair value. The current Debt-to-EBITDA is 2.87, which is near median its 10-year median of 3.13 and 11.9% above the Travel & Leisure industry median of 2.57. Hasbro's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Hasbro (HAS), the current Debt-to-EBITDA is 2.87 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hasbro (HAS) Overvalued in 2026?

Based on GuruFocus' analysis, Hasbro stock appears to be overvalued. The current stock price of $78.96 is trading 14.5% above its estimated GF Value™ of $68.99. GuruFocus considers Hasbro to be Modestly Overvalued.

Key valuation signals for HAS:

  • Debt-to-EBITDA: 2.87 (near median its 10-year median of 3.13)
  • GF Value™: $68.99 vs. price of $78.96 (14.5% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 11.9% above the Travel & Leisure median (#586 of 642)

No single metric tells the full story. See the HAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hasbro Business Description

Address 1027 Newport Avenue, Pawtucket, RI, USA, 02861
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, Peppa Pig, and Magic: The Gathering. The firm acquired EOne in 2019, bolting on popular family properties like Peppa Pig and PJ Masks, and has since divested noncore lines from the tie-up. Furthermore, the addition of Dungeons & Dragons Beyond in 2022 offers the firm access to around 20 million digital tabletop players.
71GF Score

Get the complete analysis for HAS

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$78.96
Price
$68.99
GF Value