HAS FY 2019 Earnings Report — Hasbro, Inc. Revenue & Financial Results | Market Cap Arena

Hasbro, Inc.HAS

FY 2019 Earnings

Reported February 27, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$4.7B	—	$4.6B	—	3.1%
Op. Income	$652M	—	$331M	—	97.0%
Gross Margin	52.9%	—	51.9%	—	1.0pp
Net Margin	11.0%	—	4.8%	—	6.2pp
EPS (Diluted)	$4.05	—	$1.74	—	132.8%
Free Cash Flow	$519M	—	$506M	—	2.7%

Revenue Flow

Item	Amount
REVENUE	$4.7B
Cost of Revenue	$2.2B
GROSS PROFIT	$2.5B
R&D Expenses	$262M
Selling & Marketing	$414M
General & Administrative	$1.0B
SG&A Expenses	$1.5B
Other Expenses	$133M
Operating Expenses	$1.8B
Cost & Expenses	$4.1B
OPERATING INCOME	$652M
Interest Income	$30M
Interest Expense	$102M
Other Income/Expenses	-$58M
INCOME BEFORE TAX	$594M
Income Tax Expense	$74M
Net Income from Continuing Ops	$521M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$521M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$521M
D&A	$266M
EBIT	$696M
EBITDA	$963M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$4.7B
Cost of Revenue	$2.2B
GROSS PROFIT	$2.5B
R&D Expenses	$262M
Selling & Marketing	$414M
General & Administrative	$1.0B
SG&A Expenses	$1.5B
Other Expenses	$133M
Operating Expenses	$1.8B
Cost & Expenses	$4.1B
OPERATING INCOME	$652M
Interest Income	$30M
Interest Expense	$102M
Other Income/Expenses	-$58M
INCOME BEFORE TAX	$594M
Income Tax Expense	$74M
Net Income from Continuing Ops	$521M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$521M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$521M
D&A	$266M
EBIT	$696M
EBITDA	$963M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$520M
Depreciation & Amortization	$266M
Stock-Based Compensation	$0
Deferred Income Tax	-$15M
Other Non-Cash Items	$85M
Change in Working Capital	-$204M
OPERATING CASH FLOW	$653M
Capital Expenditure	-$134M
Acquisitions (Net)	-$9M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$81M
NET CASH FROM INVESTING	-$61M
Net Debt Issuance	$2.3B
Common Stock Repurchased	-$61M
Common Dividends Paid	-$337M
Other Financing Activities	-$118M
NET CASH FROM FINANCING	$2.8B
FREE CASH FLOW	$519M
Net Change in Cash	$3.4B

Balance Sheet

Item	Amount
Cash & Equivalents	$4.6B
Short-Term Investments	$0
Net Receivables	$1.4B
Inventory	$446M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$6.7B
PP&E (Net)	$382M
Goodwill	$495M
Intangible Assets	$646M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$585M
TOTAL NON-CURRENT ASSETS	$2.1B
TOTAL ASSETS	$8.9B
Account Payables	$344M
Short-Term Debt	$503.0K
Deferred Revenue	$48M
Other Current Liabilities	$35M
TOTAL CURRENT LIABILITIES	$1.3B
Long-Term Debt	$4.0B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$557M
TOTAL NON-CURRENT LIABILITIES	$4.6B
TOTAL LIABILITIES	$5.9B
Common Stock	$110M
Additional Paid-In Capital	$2.3B
Retained Earnings	$4.4B
Treasury Stock	-$3.6B
Accum. Other Comp. Income	-$184M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.0B
Minority Interest	$0
TOTAL EQUITY	$3.0B
TOTAL LIABILITIES & EQUITY	$8.9B
Total Debt	$4.0B
Net Debt	-$533M