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Hasbro

HAS on Nasdaq. Hasbro sells toys and games to children, families, and fans. Market value $13.0bn.

Watch this stockFree. We tell you when something changes.

Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to December 2025.

Should I look at this?

Not a fit for our list right now

Why it could be worth it

What to watch out for

See Retail & consumer stocks that passed both tests

This is not advice. Check the numbers below.

Compare with another stock

Cash yield
past 12 months to June 2026
8.5%high

For every $100 of what the whole company costs, it produced $8.46 of spare cash in the past 12 months. A savings account pays about $4.

Price to profit
past 12 months to June 2026
13.3×fair

You pay 13.3 years of operating profit for the business. The average large US company costs around 18.

Return on capital
five annual reports to December 2025
5.1%five-year median

Each dollar kept in the business earns 5 cents a year. Above 10 is good.

Quality score: 34 of 100. Price score: 97 of 100. Our list needs 70 on quality and 60 on price.

$91.03 a share, 31% above its 1-year low

Over the past year the price has ranged from $69.50 to $106.98.

Expected to report results Tuesday 20 Oct, before the market opens.

Dividend: 3.1% a year

Paid every year for at least 5 years

Prices from Tuesday’s close (6 October).

Five years of cash, in billions

0.7
0.2
0.5
0.6
0.7
1.1
2021202220232024202512 monthsto Jun '26

Spare cash swings from quarter to quarter here: $1.1 billion in the past 12 months, $695 million in the year to December 2025.

Revenue
$6.4bn$6.7bn$5.7bn$4.7bn$5.4bn
Operating margin
11.9%6.1%-26.9%14.5%0.2%
Debt to equity
1.311.393.192.855.77
Shares outstanding
0.14bn0.14bn0.14bn0.14bn0.14bn

Health checks

  • Free cash flow positive5 of 5 years
  • Accounting looks honest (Beneish)Nothing unusual
  • Financial strength (Piotroski)5 of 8 checks we could run
  • Profit backed by cash (accruals)No
  • Debt5.77× equity
  • Revenue growth, five yearsShrinking, 0.4% a year
  • Buying back its own sharesRoughly flat

The quarter to June 2026

How the business did, compared with the same quarter a year earlier.

  • Sales: $1.3 billion last quarter, up 14% on a year ago.
  • Profit: $161 million, after a loss of $856 million a year ago.
  • It keeps 21 cents of each $1 of sales as operating profit, after losing 5 cents a year earlier.
  • Spare cash over the past 12 months: $1.1 billion, up from $500 million.
  • 2% more shares than a year ago. Each share owns a bit less of the company.
  • Debt is $2.7 billion more than cash, down from $2.8 billion a year ago.
  • Sales grew on a year ago in each of the last 4 quarters.
Sales by quarter
Sales by quarter
Quarter toAmount
September 2024$1.5bn
December 2024$1.1bn
March 2025$1.0bn
June 2025$1.1bn
September 2025$1.6bn
December 2025$1.6bn
March 2026$1.1bn
June 2026$1.3bn
Profit by quarter
Profit by quarter
Quarter toAmount
September 2024$223m
December 2024-$34m
March 2025$99m
June 2025-$856m
September 2025$233m
December 2025$202m
March 2026$198m
June 2026$161m

From the company's quarterly reports to the SEC.

Dates

Next results (estimated)
20 October 2026
Last annual report (10-K)
25 February 2026
Next quarterly (estimated, 10-Q)
29 October 2026

Who owns it

5 long-term investors we follow own it, up from 4 last quarter. 770 funds in all.

Jun '25
Dec '25
Jun '26
Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

4 investors own more than 5%.

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

No insider bought shares on the open market in the last 12 months. 9 sold $50m.

  • Barbacovi Holly
    Chief People Officer
    Sold
    Date
    31 August 2026
    Shares
    5,057
    Price
    $94.20
    Value
    $476,369
  • Hight John
    President, WOTC
    Sold
    Date
    19 August 2026
    Shares
    11,593
    Price
    $94.63
    Value
    $1m
  • Hight John
    President, WOTC
    Sold
    Date
    17 August 2026
    Shares
    11,229
    Price
    $96.29
    Value
    $1m
  • Hamren Elizabeth
    Director
    Sold
    Date
    7 August 2026
    Shares
    1,975
    Price
    $92.84
    Value
    $183,359
  • Hamren Elizabeth
    Director
    Sold
    Date
    4 August 2026
    Shares
    989
    Price
    $90.42
    Value
    $89,425
  • GOETTER GINA M
    EVP & CFO
    Sold
    Date
    31 July 2026
    Shares
    8,265
    Price
    $93.96
    Value
    $776,602
  • Hight John
    President, WOTC
    Sold
    Date
    30 July 2026
    Shares
    3,186
    Price
    $93.71
    Value
    $298,551
  • GOETTER GINA M
    EVP & CFO
    Sold
    Date
    28 July 2026
    Shares
    11,000
    Price
    $95.44
    Value
    $1m
  • KILPIN TIMOTHY J.
    President, Toy, Lic & Ent
    Sold
    Date
    28 July 2026
    Shares
    20,000
    Price
    $93.12
    Value
    $2m
  • Cocks Christian P
    Chief Executive Officer, Director
    Sold
    Date
    26 February 2026
    Shares
    196,411
    Price
    $100.33
    Value
    $20m

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

None of the warning signs we check for were found.

We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.

We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 25 Feb 2026, plus the 10-Q filed 30 Jul 2026 and 7 later 8-Ks.

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

What could go wrong

  • It carries a lot of debt: 5.8× its equity.
  • Sales have shrunk: 0.4% a year.

Whether the price already reflects the risks is what the deep dive is for.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
Create a free account to run it

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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.