HASHASBRO, INC.
Games, Toys & Children's Vehicles (no Dolls & Bicycles)
- Revenue
- $4.7B
- 14% YoY
- Operating margin
- 0.2%
- 99% YoY
- EBITDA
- $147M
- 83% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 23.7×
- $3.5B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear44% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear20% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $6.4B | $5.9B | $5.0B | $4.1B | $4.7B | 14% |
| Operating income | $763M | $408M | −$1.5B | $690M | $11M | 98% |
| Net income | $429M | $204M | −$1.5B | $386M | −$322M | 184% |
| Operating cash flow | $818M | $373M | $726M | $847M | $893M | 5.4% |
| Capex | $133M | $128M | $136M | $87M | $63M | 27% |
| Stock-based comp | $98M | $83M | $72M | $51M | $80M | 58% |
| Buybacks | $0 | $125M | $0 | $0 | — | |
| Dividends | $375M | $385M | $388M | $390M | $393M | 0.7% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 108 | 151 |
| FY2024 | — | — | 71 | 142 |
| FY2023 | — | — | 61 | 107 |
| FY2022 | — | — | 67 | 78 |
| FY2021 | — | — | 108 | 119 |