Hasbro (WBO:HAS) Gross Margin % : 45.19% (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Hasbro Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hasbro's Gross Profit for the three months ended in Dec. 2023 was €534 Mil. Hasbro's Revenue for the three months ended in Dec. 2023 was €1,182 Mil. Therefore, Hasbro's Gross Margin % for the quarter that ended in Dec. 2023 was 45.19%.

The historical rank and industry rank for Hasbro's Gross Margin % or its related term are showing as below:

WBO:HAS' s Gross Margin % Range Over the Past 10 Years
Min: 51.91 Med: 53.83 Max: 60.32
Current: 57.34

During the past 13 years, the highest Gross Margin % of Hasbro was 60.32%. The lowest was 51.91%. And the median was 53.83%.

WBO:HAS's Gross Margin % is ranked better than
67.71% of 765 companies
in the Travel & Leisure industry
Industry Median: 43.19 vs WBO:HAS: 57.34

Hasbro had a gross margin of 45.19% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hasbro was 2.50% per year.

Hasbro Gross Margin % Historical Data

The historical data trend for Hasbro's Gross Margin % 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 Gross Margin % Chart

Hasbro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

Get a 7-Day Free Trial

52.92

58.12

60.32

58.94

57.34

Hasbro Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															56.01	64.61	60.98	60.00	45.19

Competitive Comparison of Hasbro's Gross Margin %

For the Leisure subindustry, Hasbro's Gross Margin %, along with its competitors' market caps and Gross Margin % 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's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hasbro's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hasbro's Gross Margin % falls into.

Hasbro Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Hasbro's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	2630.9	/	4588.026
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(4588.026 - 1957.153)	/	4588.026
	=	57.34 %

Hasbro's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	534.1	/	1181.921
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1181.921 - 647.86)	/	1181.921
	=	45.19 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Hasbro (WBO:HAS) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Hasbro had a gross margin of 45.19% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Hasbro Gross Margin % Related Terms

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

Hasbro (WBO:HAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hasbro Inc (WBO:HAS) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

HAS:USA HAS:Mexico 1HAS:Italy HAS:Germany H1AS34:Brazil

Address

1027 Newport Avenue, P.O. Box 1059, Pawtucket, RI, USA, 02861-1059

Website

https://www.hasbro.com

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.