CluenexHasbro HAS
Hasbro scores average on business quality (5.7 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Hasbro does
Hasbro designs toys, games, and licensed entertainment properties, generating revenue by selling physical products like Magic: The Gathering and Monopoly alongside digital gaming experiences to consumers worldwide. The company is leaning further into digital expansion and high-margin licensing partnerships to drive future monetization of its core brands.
- What it does best
Hasbro extracts elite pricing power through its unmatched gross margin of 64.8%, easily beating peer Mattel at 47.6%. This pricing power stems from entrenched intellectual property that parents and hobbyists buy regardless of broader retail trends.
- The main risk
A heavy debt load of $3.3 billion creates vulnerability if consumer discretionary spending dips, forcing capital to service interest obligations rather than fund high-growth digital initiatives.
Quality, check by check
Scored against its own industry, from company filings.
Operating margin of 24.0% and FCF margin of 21.8% reflect stellar profitability, landing in the top decile of its sector and proving the business converts scale directly into cash.
Its moat rests on irreplaceable franchise brands locking in devoted tabletop and toy consumers, earning a gross margin ranking in the top decile at the 92nd sector percentile.
Revenue growth rebounded to 13.7% over the latest period, reversing several years of declines seen in prior annual history as digital and core segments gain momentum.
Debt-to-equity of 6.1 and low interest coverage of 7.0x leave little room for error, even as free cash flow reached $1.1B. The balance sheet remains soft and burdened by obligations.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
5 sold $6.9M outside pre-planned sales.
Our sealed record on HAS
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Hasbro scores average on the Cluenex quality check (5.7 of 10), measured against its own industry. Profitability is strong, moat fair, growth steady and financial health weak.
In the last 90 days of SEC Form 4 filings: 5 sold $6.9M outside pre-planned sales.
Oct 20, 2026, before the open.
See HAS today
- Today's verdict on HAS, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “Hasbro (HAS)”, https://cluenex.com/stocks/has/, data as of Oct 10, 2026.