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 five-year period, Hasbro’s revenue and profitability metrics show notable volatility. After an initial revenue increase from US$5.47 billion in 2020 to US$6.42 billion in 2021—a jump of approximately 17%—the company experienced a reversal with revenues declining to US$5.86 billion in 2022, US$5.00 billion in 2023, and further to US$4.75 billion in 2024. Gross profit followed a similar trend, peaking in 2021 at US$4.49 billion before dipping significantly by 2023, although it recovered moderately to US$3.57 billion in 2024. This volatility may be linked to shifting market dynamics or operational restructuring in a competitive global toy and entertainment industry. A particularly significant swing is observed in operating income and net income. Operating income climbed to US$763 million in 2021 from US$502 million in 2020, but then fell sharply, turning negative at -US$1.54 billion in 2023—a decline of more than 280% compared to 2021—before rebounding to US$690 million in 2024. Similarly, net income nearly doubled from US$222 million in 2020 to US$429 million in 2021, dropped to US$204 million in 2022, plunged to -US$1.49 billion in 2023, and recovered to US$386 million in 2024. These swings, particularly the dramatic downturn in 2023, likely indicate a combination of increased costs, potential write-offs, or restructuring expenses during that period. Overall, while the 2023 downturn raises concerns about operational stability, the recovery in 2024 suggests that Hasbro may be adapting its strategies to stabilize earnings. From a financial health perspective, sustained profitability proportional to revenue remains essential for ensuring long-term sustainability in the dynamic toy and entertainment market.
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.