MAT · Mattel Inc /De/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $5.35B | $5.38B | $5.44B | $5.43B | $5.46B | $4.58B |
| Cost of Revenue | $2.74B | $2.65B | $2.86B | $2.95B | $2.83B | $2.34B |
| Gross Profit | $2.61B | $2.73B | $2.58B | $2.48B | $2.63B | $2.24B |
| R&D | $227.42M | $194.07M | $198.60M | $195.45M | $189.37M | $189.49M |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $167.99M | $167.96M | $177.34M | $182.18M | $184.31M | $199.90M |
| Operating Income | $546.42M | $694.28M | $561.66M | $675.51M | $729.56M | $380.88M |
| Interest Expense | $118.68M | $118.77M | $123.79M | $132.82M | $253.94M | $198.33M |
| Income Tax | $89.77M | $105.63M | $269.48M | $135.85M | ($420.38M) | $68.65M |
| Net Income | $397.58M | $541.82M | $214.35M | $393.91M | $902.99M | $126.63M |
| EPS - Basic | $1.25 | $1.59 | $0.61 | $1.11 | $2.58 | $0.36 |
| EPS - Diluted | $1.24 | $1.58 | $0.60 | $1.10 | $2.53 | $0.36 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.24B | $1.39B | $1.26B | $761.24M | $731.36M | $762.18M |
| Accounts Receivable | $1.10B | $1.00B | $1.08B | $860.22M | $1.07B | $1.03B |
| Inventory | $563.14M | $501.73M | $571.61M | $894.06M | $777.18M | $514.67M |
| Accounts Payable | $555.40M | $398.98M | $442.29M | $471.48M | $579.15M | $495.36M |
| Current Assets | $3.13B | $3.13B | $3.12B | $2.73B | $2.87B | $2.48B |
| Total Assets | $6.64B | $6.54B | $6.44B | $6.18B | $6.39B | $5.52B |
| Current Liabilities | $1.46B | $1.32B | $1.34B | $1.19B | $1.60B | $1.36B |
| Long-term Debt | $2.33B | $2.33B | $2.33B | $2.33B | $2.57B | $2.85B |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $2.23B | $2.26B | $2.15B | $2.06B | $1.57B | $596.34M |
| Retained Earnings | $4.00B | $3.60B | $3.06B | $2.85B | $2.46B | $1.54B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $593.25M | $800.57M | $869.79M | $442.84M | $485.46M | $288.50M |
| Investing Cash Flow | ($154.93M) | ($189.04M) | ($142.42M) | ($144.22M) | ($105.10M) | ($134.91M) |
| Financing Cash Flow | ($620.57M) | ($449.35M) | ($226.57M) | ($260.64M) | ($402.07M) | ($5.84M) |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 48.7% | 50.8% | 47.5% | 45.7% | 48.1% | 48.9% |
| Operating margin | 10.2% | 12.9% | 10.3% | 12.4% | 13.4% | 8.3% |
| EBITDA margin | 13.4% | 16.0% | 13.6% | 15.8% | 16.7% | 12.7% |
| Net margin | 7.4% | 10.1% | 3.9% | 7.2% | 16.5% | 2.8% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | 4.3% | 3.6% | 3.6% | 3.6% | 3.5% | 4.1% |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 18.4% | 16.3% | 55.7% | 25.6% | -87.1% | 35.2% |
| Return on assets | 6.0% | 8.3% | 3.3% | 6.4% | 14.1% | 2.3% |
| Return on equity | 17.8% | 23.9% | 10.0% | 19.2% | 57.6% | 21.2% |
| Return on invested capital | 9.8% | 12.6% | 6.3% | 11.5% | 17.6% | 7.2% |
| Liquidity | ||||||
| Current ratio | 2.15 | 2.38 | 2.33 | 2.30 | 1.80 | 1.83 |
| Quick ratio | 1.76 | 2.00 | 1.90 | 1.54 | 1.31 | 1.45 |
| Cash ratio | 0.85 | 1.05 | 0.94 | 0.64 | 0.46 | 0.56 |
| Leverage | ||||||
| Debt / Equity | 1.04 | 1.03 | 1.08 | 1.13 | 1.64 | 4.79 |
| Debt / Assets | 0.35 | 0.36 | 0.36 | 0.38 | 0.40 | 0.52 |
| Debt / EBITDA | 3.26 | 2.71 | 3.15 | 2.71 | 2.81 | 4.92 |
| Interest coverage | 4.6x | 5.8x | 4.5x | 5.1x | 2.9x | 1.9x |
| Equity multiplier | 2.97 | 2.89 | 2.99 | 3.00 | 4.08 | 9.26 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.81 | 0.82 | 0.85 | 0.88 | 0.85 | 0.83 |
| Inventory turnover | 4.87 | 5.27 | 5.00 | 3.30 | 3.64 | 4.55 |
| Days sales outstanding | 75d | 68d | 73d | 58d | 72d | 82d |
| Days inventory outstanding | 75d | 69d | 73d | 110d | 100d | 80d |
| Days payable outstanding | 74d | 55d | 56d | 58d | 75d | 77d |
| Cash conversion cycle | 76d | 82d | 89d | 110d | 97d | 85d |
| Valuation | ||||||
| P / E | 16.0x | 11.2x | 31.5x | 16.2x | 8.5x | 48.5x |
| P / B | 2.9x | 2.7x | 3.1x | 3.1x | 4.9x | 10.2x |
| P / S | 1.2x | 1.1x | 1.2x | 1.2x | 1.4x | 1.3x |
| EV / EBITDA | 10.5x | 8.2x | 10.6x | 9.3x | 10.4x | 14.1x |
| Growth | ||||||
| Revenue growth (YoY) | -0.6% | -1.1% | 0.1% | -0.4% | 19.1% | 1.8% |
| Revenue CAGR (3y) | -0.5% | -0.5% | 5.9% | 6.5% | 0.0% | -2.1% |
| Revenue CAGR (5y) | 3.1% | 3.6% | -0.1% | 2.2% | 0.0% | -4.3% |
| Gross profit growth (YoY) | -4.7% | 5.8% | 4.1% | -5.5% | 17.1% | 13.3% |
| Operating income growth (YoY) | -21.3% | 23.6% | -16.9% | -7.4% | 91.5% | 870.7% |
| Net income growth (YoY) | -26.6% | 152.8% | -45.6% | -56.4% | 613.1% | - |
| EPS growth (YoY) | -21.5% | 163.3% | -45.5% | -56.5% | 602.8% | - |
| EPS CAGR (3y) | 4.1% | -14.5% | 18.6% | - | - | - |
| EPS CAGR (5y) | 28.1% | - | - | - | 22.4% | -19.7% |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -1.4% | 5.3% | 4.5% | 31.1% | 163.1% | 21.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$5.35B totalNorth America Segment$3.00B · 56.1%
International Segment$2.35B · 43.9%
Geographic
$10.54B totalNorth America$3.00B · 28.5%
US$2.85B · 27.0%
International$2.35B · 22.3%
EMEA$1.34B · 12.7%
Latin America$602.54M · 5.7%
Asia Pacific$401.89M · 3.8%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Aug 21, 2017 | $0.1500 |
| May 17, 2017 | $0.3800 |
| Feb 14, 2017 | $0.3800 |
| Nov 18, 2016 | $0.3800 |
| Aug 19, 2016 | $0.3800 |
| May 17, 2016 | $0.3800 |
| Feb 12, 2016 | $0.3800 |
| Nov 23, 2015 | $0.3800 |
| Aug 24, 2015 | $0.3800 |
| May 20, 2015 | $0.3800 |
| Feb 17, 2015 | $0.3800 |
| Nov 24, 2014 | $0.3800 |
| Aug 25, 2014 | $0.3800 |
| May 21, 2014 | $0.3800 |
| Feb 18, 2014 | $0.3800 |
| Nov 25, 2013 | $0.3600 |
| Aug 26, 2013 | $0.3600 |
| May 21, 2013 | $0.3600 |
| Feb 20, 2013 | $0.3600 |
| Nov 26, 2012 | $0.3100 |
| Aug 27, 2012 | $0.3100 |
| May 21, 2012 | $0.3100 |
| Feb 21, 2012 | $0.3100 |
| Nov 28, 2011 | $0.2300 |