Hasbro (HAS) FY2021 results: revenue $6.4 billion, up 17.5% on the year
Hasbro, Inc. (HAS) reported revenue of $6.4 billion for fiscal 2021, the year ended 26 December 2021, up 17.5% on the year before. Net income was $429 million, up 92.7%, and diluted earnings per share $3.10. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2022.
Revenue
$6.4 billion
+17.5% on the year
FY2014FY2021
Operating margin
11.9%
9.2% a year earlier
FY2014FY2021
Net income
$429 million
+92.7% on the year
FY2014FY2021
Diluted EPS
$3.10
+91.4% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
818
976
653
-16.2%
Capital expenditure
133
126
134
+5.5%
Free cash flow
685
851
519
-19.4%
Free cash flow margin
10.7%
15.6%
11.0%
Cash from investing
242
-4,500
-61.0
Cash from financing
-1,460
406
2,811
Depreciation and amortisation
280
265
181
+5.7%
Share-based compensation
97.8
49.7
28.0
+96.6%
Buybacks
0.0
0.0
61.4
Dividends paid
374
373
337
+0.5%
Dividend per share
$2.72
$2.72
$2.72
0.0%
Diluted shares, weighted
138m
138m
128m
+0.6%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
3,063
2,937
2,996
+4.3%
Non-controlling interest
n/a
n/a
0.0
Redeemable equity
23.9
24.4
0.0
-2.2%
Short-term borrowings
0.8
n/a
0.5
Debt
4,024
5,099
4,046
-21.1%
Operating lease liabilities
132
163
113
-18.7%
Other liabilities
2,793
2,595
1,700
+7.6%
Total liabilities and equity
10,038
10,818
8,856
-7.2%
Fixed assets
262
297
256
-11.9%
Goodwill
3,420
3,692
495
-7.4%
Intangible assets
1,172
1,531
646
-23.4%
Securities held for sale or to maturity
n/a
2.1
1.3
Cash and equivalents
1,019
1,450
4,580
-29.7%
Receivables
1,500
1,392
1,411
+7.8%
Inventory
552
396
446
+39.5%
Other assets
2,113
2,059
1,021
+2.6%
Total assets
10,038
10,818
8,856
-7.2%
10-K for the year ended 26 December 2021, filed 23 February 2022: the filing.