Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $5,465 | $6,420 | $5,857 | $5,003 | $4,746 |
| Gross Profit | $3,747 | $4,493 | $3,945 | $3,297 | $3,566 |
| Operating Income | $502 | $763 | $408 | -$1,539 | $690 |
| Net Income | $223 | $429 | $204 | -$1,489 | $386 |
Over the past five years, Hasbro’s revenue and profitability metrics have shown notable volatility. In 2020, the company’s revenue stood at approximately $5.47 billion, with a solid gross profit margin and positive operating and net income. In 2021, revenues grew by nearly 17% to about $6.42 billion and were accompanied by increased gross profit and operating income rising to $763.3 million, indicating improved operational efficiency and a strong market presence. However, in 2022, revenue dropped to roughly $5.86 billion—a decline of about 9% from the previous year—with corresponding decreases in gross profit and a significant decline in operating income, which fell nearly 47% relative to 2021. These shifts suggest that Hasbro may have faced challenges possibly linked to shifting market demand or increased operational costs during that period. The most drastic swings occurred in 2023 and 2024. In 2023, Hasbro experienced a pronounced downturn as revenue fell to around $5.00 billion, and operating income turned negative at -$1.54 billion, with net income also reflecting a stark negative performance (-$1.49 billion). Such a swing, exceeding 20%, signals significant operational headwinds, which may have stemmed from market disruptions or internal strategic challenges during that year. However, 2024 saw a recovery with revenues further declining modestly to $4.75 billion, but with a substantial rebound in operating income to $690 million and net income to $385.6 million. Overall, despite short-term volatility, the company’s ability to rebound and post positive net income in recent fiscal periods suggests a degree of resilience. Financial health appears to be recovering, but sustaining operational improvements will be crucial for long-term sustainability in the competitive toy and entertainment industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.