• Hasbro average gross margin for 2023 was 67.26%, a 1.44% increase from 2022.
• Hasbro average gross margin for 2022 was 68.24%, a 1.52% decline from 2021.
• Hasbro average gross margin for 2021 was 69.29%, a 4.4% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.