Hasbro (FRA:HAS) Operating Margin %: 27.02% (As of Mar. 2026) — 97% Above Median


FRA:HAS Hasbro Inc FRA:HAS
71 GF Score
Price €73.94
GF Value €61.48
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Hasbro Operating Margin %?

Hasbro FRA:HAS -0.75% 71 Operating Margin % is 27.02% as of Mar. 2026, which is 97% above its 10-year median of 13.70. GuruFocus rates FRA:HAS with a GF Score™ of 71/100 and a GF Value™ of €61.48 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 844 Travel & Leisure companies, Hasbro ranks better than 85.43% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Hasbro's Operating Income for the three months ended in Mar. 2026 was €234 Mil. Hasbro's Revenue for the three months ended in Mar. 2026 was €865 Mil. Therefore, Hasbro's Operating Margin % for the quarter that ended in Mar. 2026 was 27.02%.

Good Sign:

Hasbro Inc operating margin is expanding. Margin expansion is usually a good sign.

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

FRA:HAS' s Operating Margin % Range Over the Past 10 Years
Min: 3.83   Med: 13.7   Max: 23.53
Current: 23.53


FRA:HAS's Operating Margin % is ranked better than
85.43% of 844 companies
in the Travel & Leisure industry
Industry Median: 8.135 vs FRA:HAS: 23.53

Hasbro's 5-Year Average Operating Margin % Growth Rate was 8.30% per year.

Hasbro's Operating Income for the three months ended in Mar. 2026 was €234 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €972 Mil.


Hasbro  (FRA:HAS) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Hasbro Operating Margin % Related Terms


Hasbro Operating Margin % Historical Data

* Premium members only.

The historical data trend for Hasbro's Operating 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.

Hasbro Operating Margin % Chart

Hasbro Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.58 7.34 3.83 17.59 22.50

Hasbro Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % 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 22.06 22.81 24.58 20.58 27.02

FRA:HAS vs LTH, GOLF, MAT: Operating Margin % Comparison

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

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

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


FRA:HAS
71GF Score
Hasbro Inc FRA:HAS
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hasbro Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Hasbro's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=903.532 / 4014.91
=22.50 %

Hasbro's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=233.809 / 865.173
=27.02 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 27.02% mean?
Hasbro (FRA:HAS) has a Operating Margin % of 27.02% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Hasbro and its competitors. This is 97% above median its historical median of 13.70. Over the past decade, Hasbro's Operating Margin % has ranged from 3.83 to 23.53. According to the industry distribution chart, Hasbro ranks #123 out of 844 companies in the Travel & Leisure industry, placing it in the top 14.6%.
Is Hasbro's Operating Margin % too high?
Hasbro's current Operating Margin % of 27.02% is 97% above median its 10-year median of 13.70. Over the past 10 years, this metric has ranged from a low of 3.83 to a high of 23.53. The Travel & Leisure industry median Operating Margin % is 8.14. Hasbro's value of 27.02% is 232.1% above this industry median. Based on the distribution chart, Hasbro ranks #123 out of 844 companies in the Travel & Leisure industry, which is in the top quartile — a strong position 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 Operating Margin % compare to LTH and GOLF?
According to the Travel & Leisure industry distribution chart, Hasbro ranks #123 out of 844 companies for Operating Margin %. This places Hasbro in the top 15% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 8.14. Hasbro's value of 27.02% is 232.1% above this benchmark. Historically, Hasbro's own Operating Margin % has ranged from 3.83 to 23.53 over the past decade. While the company's 10-year median is 13.70 vs. the industry median of 8.14, 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 Operating Margin % for a Travel & Leisure company?
The median Operating Margin % among Travel & Leisure companies is 8.14, based on 844 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hasbro's current Operating Margin % of 27.02% is 232.1% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Hasbro and its competitors. For the Travel & Leisure industry, the median Operating Margin % is 8.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hasbro's current Operating Margin % is 27.02%, which is 97% above median its own 10-year median of 13.70. 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 (FRA:HAS) is currently considered Modestly Overvalued. The stock's GF Value™ is €61.48, compared to a current price of €73.94 — trading 20.3% above its estimated fair value. The current Operating Margin % is 27.02%, which is 97% above median its 10-year median of 13.70 and 232.1% above the Travel & Leisure industry median of 8.14. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Hasbro (FRA:HAS), the current Operating Margin % is 27.02% 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 (FRA:HAS) Overvalued in 2026?

Based on GuruFocus' analysis, Hasbro stock appears to be overvalued. The current stock price of €73.94 is trading 20.3% above its estimated GF Value™ of €61.48. GuruFocus considers Hasbro to be Modestly Overvalued.

Key valuation signals for FRA:HAS:

  • Operating Margin %: 27.02% (97% above median its 10-year median of 13.70)
  • GF Value™: €61.48 vs. price of €73.94 (20.3% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 232.1% above the Travel & Leisure median (#123 of 844)

No single metric tells the full story. See the FRA: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

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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€73.94
Price
€61.48
GF Value