Hasbro (HAS) FY2024 results: revenue $4.1 billion, down 17.3% on the year
Hasbro, Inc. (HAS) reported revenue of $4.1 billion for fiscal 2024, the year ended 29 December 2024, down 17.3% on the year before. Net income was $386 million, and diluted earnings per share $2.75. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2025.
Revenue
$4.1 billion
-17.3% on the year
FY2017FY2024
Operating margin
16.7%
-30.8% a year earlier
FY2017FY2024
Net income
$386 million
FY2017FY2024
Diluted EPS
$2.75
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
847
726
373
+16.8%
Capital expenditure
87.2
136
128
-35.6%
Free cash flow
760
590
245
+28.8%
Free cash flow margin
18.4%
11.8%
4.2%
Cash from investing
-204
118
-313
Cash from financing
-498
-818
-553
Depreciation and amortisation
163
211
232
-22.6%
Share-based compensation
50.8
72.4
83.4
-29.8%
Buybacks
0.0
0.0
125
Dividends paid
390
388
385
+0.5%
Dividend per share
$2.10
$2.80
$2.80
-25.0%
Diluted shares, weighted
140m
139m
139m
+1.1%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
1,185
1,087
2,862
+9.0%
Redeemable equity
0.0
0.0
0.0
Short-term borrowings
n/a
0.0
n/a
Debt
3,381
3,466
3,967
-2.5%
Operating lease liabilities
114
121
91.9
-5.5%
Other liabilities
1,660
1,867
2,375
-11.1%
Total liabilities and equity
6,340
6,541
9,296
-3.1%
Fixed assets
303
334
304
-9.5%
Goodwill
2,278
2,279
3,470
-0.0%
Intangible assets
518
588
815
-11.8%
Securities held for sale or to maturity
0.6
n/a
n/a
Cash and equivalents
695
545
513
+27.4%
Receivables
920
1,029
1,132
-10.6%
Inventory
274
332
677
-17.4%
Other assets
1,352
1,433
2,384
-5.7%
Total assets
6,340
6,541
9,296
-3.1%
10-K for the year ended 29 December 2024, filed 27 February 2025: the filing.