SequelSEC

HASBRO, INC. HAS

Games, Toys & Children's Vehicles (No Dolls & Bicycles) · CIK 0000046080 · Fiscal year ends 1227

Revenue
$5.37B
Fiscal year ended 2025-12-28
Operating income
$11.10M
Fiscal year ended 2025-12-28
Free cash flow
$829.90M
Fiscal year ended 2025-12-28

Valuation, from the filing

Public float$10.30BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-27
Float per share$73.21Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue1.9×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity18.2×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-27, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-28 — the year that filing covered.

Valuation over time

21.0× earnings today, against a median of 29.4× across 8 years on record. Below its own history.

Float measuredPublic floatFloat / net income
2024-06-28$8.10B21.0×
2022-06-24$11.75B57.7×
2021-06-27$11.81B27.6×
2020-06-28$8.83B39.7×
2019-06-30$12.06B23.2×
2018-06-29$10.60B48.1×
2017-06-30$12.41B31.3×
2016-06-24$9.40B17.0×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

HASBRO, INC. (HAS) reported revenue of $5.37B and net income of -$322.40M for the fiscal year ended 2025-12-28. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from HASBRO, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Games, Toys & Children's Vehicles (No Dolls & Bicycles).

Income

HASBRO, INC. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-282024-12-292023-12-312022-12-252021-12-262020-12-272019-12-292018-12-302017-12-312016-12-25
Revenue$5.37B$4.75B$5.71B$6.67B$6.42B$5.47B$4.72B$4.58B$5.21B$5.02B
Cost of revenue$1.30B$1.18B$1.71B$1.91B$1.93B$1.72B$1.81B$1.85B$2.03B$1.91B
Gross profit$4.07B$3.57B$4.00B$4.75B$4.49B$3.75B$2.91B$2.73B$3.18B$3.11B
Operating income$11.10M$690.00M-$1.54B$407.70M$763.30M$501.80M$652.10M$331.05M$810.36M$788.05M
Net income-$322.40M$385.60M-$1.49B$203.50M$428.70M$222.50M$520.50M$220.43M$396.61M$551.38M
Research & development$385.60M$294.10M$306.90M$307.90M$315.70M$259.50M$262.20M$246.16M$269.02M$266.38M
Weighted-average diluted sharesshares 140.20Mshares 140.30Mshares 138.80Mshares 138.90Mshares 138.40Mshares 137.60Mshares 128.50Mshares 126.89Mshares 127.03Mshares 126.97M
Pretax income-$102.00M$497.00M-$1.71B$261.50M$581.90M$322.10M$594.30M$270.40M$786.15M$692.49M
Income tax expense$216.20M$102.60M-$221.30M$58.50M$146.60M$96.70M$73.80M$49.97M$389.54M$159.34M
Diluted EPS$-2.30$2.75$-10.73$1.46$3.10$1.62$4.05$1.74$3.12$4.34
Selling, general & administrative$1.17B$1.21B$1.48B$1.67B$1.43B$1.25B$1.04B$1.29B$1.12B$1.11B
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

HASBRO, INC. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-282024-12-292023-12-312022-12-252021-12-262020-12-272019-12-292018-12-302017-12-312016-12-25
Cash & equivalentsUnavailableUnavailableUnavailableUnavailableUnavailable$1.45B$4.58B$1.18B$1.58B$1.28B
Total assets$5.55B$6.34B$6.54B$9.30B$10.04B$10.82B$8.86B$5.26B$5.29B$5.09B
Current assets$2.58B$2.24B$2.32B$3.00B$3.73B$3.85B$6.75B$3.08B$3.63B$3.23B
Total liabilities$4.99B$5.16B$5.45B$6.43B$6.95B$7.86B$5.86B$3.51B$3.46B$3.21B
Current liabilities$1.87B$1.40B$2.06B$2.19B$2.46B$2.40B$1.26B$1.27B$1.25B$1.62B
Total equity incl. NCI$565.50M$1.18B$1.09B$2.86B$3.06B$2.94B$3.00B$1.75B$1.83B$1.86B
Temporary (mezzanine) equityUnavailable$0$0$0$23.90M$24.40M$0$0$0$22.70M
Inventory$259.80M$274.20M$332.00M$676.80M$552.10M$395.60M$446.10M$443.38M$433.29M$387.68M
Accounts receivable$1.06B$919.80M$1.03B$1.13B$1.50B$1.39B$1.41B$1.19B$1.41B$1.32B
Goodwill$1.26B$2.28B$2.28B$3.47B$3.42B$3.69B$494.60M$485.88M$573.06M$570.56M
Long-term debt$2.77B$3.38B$2.97B$3.71B$3.82B$4.66B$4.05B$1.70B$1.69B$1.20B
Accounts payable$335.40M$341.50M$340.60M$427.30M$580.20M$425.50M$343.93M$333.52M$348.48M$319.52M

Cash flow

HASBRO, INC. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-282024-12-292023-12-312022-12-252021-12-262020-12-272019-12-292018-12-302017-12-312016-12-25
Operating cash flow$893.20M$847.40M$725.60M$372.90M$817.90M$976.30M$653.10M$646.00M$724.38M$817.31M
Capital expenditures$63.30M$87.20M$135.50M$128.20M$132.70M$125.80M$133.60M$140.43M$134.88M$154.90M
Investing cash flow-$284.40M-$203.70M$117.60M-$313.00M$242.00M-$4.50B-$60.90M-$286.48M-$131.48M-$138.39M
Financing cash flow-$531.30M-$497.50M-$818.10M-$553.30M-$1.46B$405.90M$2.81B-$737.10M-$312.17M-$375.50M
Net change in cash$81.60M$149.60M$32.30M-$506.10M-$430.50M-$3.13B$3.40B-$398.86M$298.95M$305.54M
Stock-based compensation$80.40M$50.80M$72.40M$83.40M$97.80M$49.70M$28.00M$27.89M$56.03M$61.62M
Common dividends paid$392.50M$389.90M$388.00M$385.30M$374.50M$372.70M$336.60M$309.26M$276.97M$248.88M
Common share repurchasesUnavailable$0$0$125.00M$0$0$61.40M$250.05M$151.31M$150.08M
Depreciation & amortization$135.50M$163.00M$210.70M$232.50M$280.10M$265.00M$180.80M$167.96M$171.84M$154.47M

Derived

HASBRO, INC. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-282024-12-292023-12-312022-12-252021-12-262020-12-272019-12-292018-12-302017-12-312016-12-25
Free cash flow$829.90M$760.20M$590.10M$244.70M$685.20M$850.50M$519.50M$505.57M$589.50M$662.41M
Gross margin75.8%75.1%70.1%71.3%70.0%68.5%61.7%59.6%61.0%62.0%
Operating margin0.2%14.5%-26.9%6.1%11.9%9.2%13.8%7.2%15.6%15.7%
FCF margin15.5%16.0%10.3%3.7%10.7%15.6%11.0%11.0%11.3%13.2%
SBC / revenue1.5%1.1%1.3%1.3%1.5%0.9%0.6%0.6%1.1%1.2%
Current ratio1.38x1.60x1.13x1.37x1.52x1.60x5.37x2.42x2.90x1.99x
Revenue YoY growth13.1%-16.9%-14.3%3.8%17.5%15.8%3.1%-12.1%3.8%Unavailable
Net margin-6.0%8.1%-26.1%3.1%6.7%4.1%11.0%4.8%7.6%11.0%
R&D / revenue7.2%6.2%5.4%4.6%4.9%4.7%5.6%5.4%5.2%5.3%
CapEx / revenue1.2%1.8%2.4%1.9%2.1%2.3%2.8%3.1%2.6%3.1%
Long-term debt / equity4.89xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable0.64x
Effective tax rateUnavailable20.6%Unavailable22.4%25.2%30.0%12.4%18.5%49.6%23.0%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open HAS in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-10-29View SEC filing
10-Q · Filed 2026-07-30View SEC filing
10-Q · Filed 2026-05-13View SEC filing
10-K · Filed 2026-02-25View SEC filing
10-Q · Filed 2025-11-05View SEC filing
10-Q · Filed 2025-07-31View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.