Mattel (MAT) Financials

$19.01 -0.43 (-2.21%)

Closing price 05/23/2025 04:00 PM Eastern

Extended Trading

$18.68 -0.33 (-1.74%)

As of 05/23/2025 06:56 PM Eastern

Annual Income Statements for Mattel

This table shows Mattel's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	542	214	394	903	124	-219	-533	-1,055	313	369
Consolidated Net Income / (Loss)	542	214	394	903	124	-219	-533	-1,055	313	369
Net Income / (Loss) Continuing Operations	542	214	394	903	124	-219	-533	-1,055	313	369
Total Pre-Tax Income	623	465	504	471	178	-160	-415	-501	402	464
Total Operating Income	694	562	676	730	375	37	-234	-336	520	541
Total Gross Profit	2,734	2,584	2,481	2,627	2,243	1,977	1,799	1,825	2,547	2,806
Total Revenue	5,380	5,441	5,435	5,458	4,588	4,505	4,515	4,881	5,453	5,703
Operating Revenue	5,380	5,441	5,435	5,458	4,588	4,505	4,515	4,881	5,453	5,703
Total Cost of Revenue	2,645	2,858	2,953	2,831	2,345	2,527	2,716	3,057	2,906	2,896
Operating Cost of Revenue	2,645	2,858	2,953	2,831	2,345	2,527	2,716	3,057	2,906	2,896
Total Operating Expenses	2,040	2,022	1,806	1,897	1,868	1,940	2,033	2,160	2,027	2,265
Selling, General & Admin Expense	1,532	1,497	1,272	1,351	1,343	1,390	1,509	1,518	1,392	1,548
Marketing Expense	507	525	534	546	526	550	524	642	635	718
Total Other Income / (Expense), net	-72	-96	-171	-259	-197	-197	-181	-166	-118	-77
Interest Expense	119	124	133	254	198	201	182	105	95	85
Interest & Investment Income	51	25	9.40	3.50	3.95	6.17	6.46	7.78	9.14	7.23
Other Income / (Expense), net	-4.48	2.29	-48	-8.36	-2.69	-1.88	-5.11	-68	-32	1.03
Income Tax Expense	106	269	136	-420	66	58	116	553	89	94
Other Gains / (Losses), net	25	18	25	12	11	-0.77	-2.22	-	-	-
Basic Earnings per Share	$1.59	$0.61	$1.11	$2.58	$0.36	($0.63)	($1.55)	($3.07)	$0.91	$1.08
Weighted Average Basic Shares Outstanding	340.44M	353.59M	353.79M	350.01M	347.46M	346.13M	345.01M	343.56M	341.48M	339.17M
Diluted Earnings per Share	$1.58	$0.60	$1.10	$2.53	$0.35	($0.63)	($1.55)	($3.07)	$0.91	$1.08
Weighted Average Diluted Shares Outstanding	343.34M	357.11M	359.61M	357.25M	349.12M	346.13M	345.01M	343.56M	344.23M	339.75M
Weighted Average Basic & Diluted Shares Outstanding	330.20M	344M	355.71M	352.24M	348.17M	346.87M	346.30M	343.50M	342M	342.10M
Cash Dividends to Common per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.91	$1.52	$1.52

This table shows Mattel's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-40	141	372	57	-28	147	146	27	-106	16	290
Consolidated Net Income / (Loss)	-40	141	372	57	-28	147	146	27	-106	16	290
Net Income / (Loss) Continuing Operations	-40	141	372	57	-28	147	146	27	-106	16	290
Total Pre-Tax Income	-79	145	472	60	-54	115	450	39	-138	14	364
Total Operating Income	-53	158	488	83	-36	140	474	63	-115	79	391
Total Gross Profit	408	835	979	531	389	790	978	490	326	603	847
Total Revenue	827	1,646	1,844	1,080	810	1,621	1,919	1,087	815	1,402	1,756
Operating Revenue	827	1,646	1,844	1,080	810	1,621	1,919	1,087	815	1,402	1,756
Total Cost of Revenue	419	811	865	549	421	830	941	597	489	799	909
Operating Cost of Revenue	419	811	865	549	421	830	941	597	489	799	909
Total Operating Expenses	461	677	491	448	424	650	504	427	441	524	456
Selling, General & Admin Expense	391	420	386	374	353	416	380	337	365	281	328
Marketing Expense	70	257	105	74	71	234	124	90	76	243	128
Total Other Income / (Expense), net	-26	-13	-17	-24	-18	-25	-24	-24	-23	-65	-28
Interest Expense	29	29	29	30	30	31	31	31	31	33	34
Interest & Investment Income	16	12	9.79	12	17	9.83	4.57	4.32	6.52	4.33	1.90
Other Income / (Expense), net	-13	4.32	2.92	-6.11	-5.61	-3.68	2.39	2.15	1.44	-36	4.29
Income Tax Expense	-31	11	106	9.20	-21	-27	309	14	-27	5.32	80
Other Gains / (Losses), net	8.42	6.51	7.05	6.55	4.84	5.12	5.56	3.01	4.74	7.01	6.22
Basic Earnings per Share	($0.12)	$0.40	$1.10	$0.17	($0.08)	$0.42	$0.41	$0.08	($0.30)	$0.04	$0.82
Weighted Average Basic Shares Outstanding	327.49M	340.44M	339.06M	342.20M	346.89M	353.59M	354.14M	354.58M	354.94M	353.79M	354.47M
Diluted Earnings per Share	($0.12)	$0.40	$1.09	$0.17	($0.08)	$0.41	$0.41	$0.08	($0.30)	$0.06	$0.80
Weighted Average Diluted Shares Outstanding	327.49M	343.34M	341.22M	344.41M	346.89M	357.11M	357.47M	357.21M	354.94M	359.61M	360.23M
Weighted Average Basic & Diluted Shares Outstanding	322.90M	330.20M	336.90M	339.90M	344.10M	344M	353.23M	354.14M	353.96M	355.71M	354.40M

This table details how cash moves in and out of Mattel's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	127	500	30	-31	132	36	-485	210	-23	-79
Net Cash From Operating Activities	801	870	443	485	286	168	-27	-28	595	735
Net Cash From Continuing Operating Activities	801	870	443	485	286	168	-27	-28	595	735
Net Income / (Loss) Continuing Operations	542	214	394	903	124	-219	-533	-1,055	313	369
Consolidated Net Income / (Loss)	542	214	394	903	124	-219	-533	-1,055	313	369
Depreciation Expense	137	139	145	146	155	204	233	241	236	233
Amortization Expense	109	90	94	85	39	40	39	34	27	32
Non-Cash Adjustments To Reconcile Net Income	78	70	85	124	104	182	185	310	95	90
Changes in Operating Assets and Liabilities, net	-65	356	-274	-773	-135	-39	49	443	-75	9.72
Net Cash From Investing Activities	-189	-142	-144	-105	-132	-102	-161	-236	-312	-282
Net Cash From Continuing Investing Activities	-189	-142	-144	-105	-132	-102	-161	-236	-312	-282
Purchase of Property, Plant & Equipment	-135	-86	-106	-77	-59	-51	-78	-168	-262	-254
Purchase of Investments	7.34	15	-0.52	1.59	-	-0.68	-19	-	-6.10	-62
Divestitures	2.07	6.85	38	44	5.82	3.30	-	-	-	-
Other Investing Activities, net	-63	-78	-76	-73	-56	-53	-64	-128	-10	33
Net Cash From Financing Activities	-449	-227	-261	-402	-5.84	-33	-285	458	-281	-500
Net Cash From Continuing Financing Activities	-449	-227	-261	-402	-5.84	-33	-285	458	-281	-500
Repayment of Debt	-36	-15	-258	-1,579	1.36	-614	-761	-1,639	-406	-17
Repurchase of Common Equity	-400	-203	0.00	0.00	-	-	-	-	-	-
Other Financing Activities, net	-13	-8.37	-2.69	-7.86	-7.20	-7.51	-	1.78	34	15
Effect of Exchange Rate Changes	-36	-0.68	-8.11	-9.11	-16	1.88	-12	-	-24	-31
Cash Interest Paid	114	118	129	210	191	191	174	103	85	83
Cash Income Taxes Paid	100	94	90	93	99	73	100	118	113	120

This table details how cash moves in and out of Mattel's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-144	664	1.12	-408	-131	806	156	-162	-300	412	74
Net Cash From Operating Activities	25	862	156	-253	35	949	246	-119	-206	718	150
Net Cash From Continuing Operating Activities	25	862	156	-253	35	949	246	-119	-206	718	150
Net Income / (Loss) Continuing Operations	-40	141	372	57	-28	147	146	27	-106	16	290
Consolidated Net Income / (Loss)	-40	141	372	57	-28	147	146	27	-106	16	290
Depreciation Expense	34	35	33	34	35	35	36	34	34	36	37
Amortization Expense	26	23	29	34	22	28	22	30	9.46	65	9.31
Non-Cash Adjustments To Reconcile Net Income	18	26	19	11	22	36	-1.20	-1.68	37	21	29
Changes in Operating Assets and Liabilities, net	-13	637	-298	-389	-15	703	43	-209	-180	579	-215
Net Cash From Investing Activities	-31	-37	-79	-44	-28	-49	-32	-19	-43	-47	-44
Net Cash From Continuing Investing Activities	-31	-37	-79	-44	-28	-49	-32	-19	-43	-47	-44
Purchase of Property, Plant & Equipment	-21	-27	-77	-17	-15	-25	-24	-14	-23	-37	-30
Sale and/or Maturity of Investments	3.78	-	-	-1.39	1.83	-	7.34	-	-	-	-
Other Investing Activities, net	-14	-19	-3.62	-26	-16	-25	-15	-17	-21	-18	-19
Net Cash From Financing Activities	-162	-135	-74	-109	-131	-107	-48	-18	-53	-251	-20
Net Cash From Continuing Financing Activities	-162	-135	-74	-109	-131	-107	-48	-18	-53	-251	-20
Repayment of Debt	-1.38	-1.30	-4.04	-1.22	-29	-12	-0.98	-0.83	-0.97	-251	-5.70
Repurchase of Common Equity	-160	-132	-68	-100	-100	-93	-60	-16	-34	-	-
Other Financing Activities, net	-0.54	-2.13	-1.84	-7.48	-1.87	-1.56	13	-1.46	-18	-0.02	-11
Effect of Exchange Rate Changes	24	-25	-1.45	-1.96	-6.87	12	-10	-4.95	2.58	-7.44	-12

This table presents Mattel's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	6,544	6,436	6,178	6,394	5,535	5,325	5,238	6,228	6,494	6,535
Total Current Assets	3,127	3,122	2,729	2,875	2,497	2,248	2,347	3,100	2,940	3,001
Cash & Equivalents	1,388	1,261	761	731	762	630	594	1,079	870	893
Accounts Receivable	1,003	1,082	860	1,073	1,034	936	970	1,125	1,115	1,145
Inventories, net	502	572	894	777	528	496	543	601	614	588
Prepaid Expenses	234	208	214	293	172	186	240	296	342	376
Plant, Property, & Equipment, net	516	466	469	456	474	550	658	785	774	741
Total Noncurrent Assets	2,901	2,848	2,979	3,063	2,564	2,527	2,233	2,343	2,780	2,793
Goodwill	1,382	1,385	1,379	1,390	1,394	1,391	1,386	1,397	1,388	1,385
Intangible Assets	361	393	425	477	518	-	-	-	-	-
Noncurrent Deferred & Refundable Income Taxes	297	299	472	527	73	-	-	-	-	-
Other Noncurrent Operating Assets	862	771	704	669	580	1,136	847	946	1,392	1,408
Total Liabilities & Shareholders' Equity	6,544	6,436	6,178	6,394	5,535	5,325	5,238	6,228	6,494	6,535
Total Liabilities	4,280	4,287	4,121	4,825	4,925	4,834	4,571	4,981	4,086	3,902
Total Current Liabilities	1,316	1,342	1,188	1,598	1,355	1,277	1,250	1,624	1,506	1,646
Accounts Payable	399	442	471	579	495	459	538	572	665	652
Accrued Expenses	879	866	679	992	832	770	694	792	629	658
Current Deferred & Payable Income Tax Liabilities	38	34	38	28	27	48	14	9.50	20	19
Total Noncurrent Liabilities	2,964	2,944	2,934	3,227	3,569	3,557	3,321	3,357	2,580	2,256
Long-Term Debt	2,334	2,330	2,326	2,571	2,855	2,847	2,852	2,873	2,134	1,785
Other Noncurrent Operating Liabilities	630	614	608	656	715	710	470	484	446	472
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00
Total Equity & Noncontrolling Interests	2,264	2,149	2,056	1,569	610	492	667	1,247	2,408	2,633
Total Preferred & Common Equity	2,264	2,149	2,056	1,569	610	492	667	1,247	2,408	2,633
Total Common Equity	2,264	2,149	2,056	1,569	610	492	667	1,247	2,408	2,633
Common Stock	2,222	2,216	2,250	2,274	2,284	2,267	2,254	2,250	2,232	2,231
Retained Earnings	3,604	3,062	2,848	2,457	1,554	1,413	1,627	2,169	3,545	3,746
Treasury Stock	-2,567	-2,224	-2,130	-2,220	-2,283	-2,319	-2,355	-2,390	-2,427	-2,495
Accumulated Other Comprehensive Income / (Loss)	-994	-905	-911	-941	-945	-869	-859	-782	-943	-849

This table presents Mattel's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	6,206	6,514	5,906	6,065	6,245	5,898	5,832	6,468
Total Current Assets	2,787	3,180	2,604	2,735	3,042	2,424	2,366	3,083
Cash & Equivalents	1,244	724	722	1,130	456	300	462	349
Accounts Receivable	633	1,477	839	673	1,571	891	674	1,382
Inventories, net	658	737	777	669	791	972	961	1,084
Prepaid Expenses	251	242	266	263	225	261	270	269
Plant, Property, & Equipment, net	516	514	445	452	457	464	471	444
Total Noncurrent Assets	2,904	2,820	2,857	2,878	2,745	3,010	2,994	2,941
Goodwill	1,385	1,389	1,383	1,384	1,380	1,384	1,381	1,371
Intangible Assets	356	375	377	384	398	412	418	426
Noncurrent Deferred & Refundable Income Taxes	304	260	294	304	230	480	484	440
Other Noncurrent Operating Assets	859	796	803	805	737	734	712	703
Total Liabilities & Shareholders' Equity	6,206	6,514	5,906	6,065	6,245	5,898	5,832	6,468
Total Liabilities	4,077	4,201	3,933	4,040	4,209	3,935	3,894	4,501
Total Current Liabilities	1,147	1,299	1,011	1,099	1,305	1,031	969	1,576
Accounts Payable	318	439	377	315	450	366	314	495
Accrued Expenses	813	803	628	769	803	656	641	781
Current Deferred & Payable Income Tax Liabilities	15	56	5.74	15	51	9.40	13	50
Total Noncurrent Liabilities	2,930	2,902	2,922	2,941	2,905	2,904	2,925	2,925
Long-Term Debt	2,335	2,333	2,332	2,331	2,329	2,328	2,327	2,324
Other Noncurrent Operating Liabilities	595	569	589	610	576	577	598	600
Total Equity & Noncontrolling Interests	2,130	2,313	1,973	2,025	2,035	1,962	1,938	1,967
Total Preferred & Common Equity	2,130	2,313	1,973	2,025	2,035	1,962	1,938	1,967
Total Common Equity	2,130	2,313	1,973	2,025	2,035	1,962	1,938	1,967
Common Stock	2,234	2,200	2,197	2,214	2,187	2,212	2,214	2,237
Retained Earnings	3,564	3,463	3,091	3,034	2,915	2,768	2,741	2,832
Treasury Stock	-2,721	-2,435	-2,379	-2,306	-2,132	-2,121	-2,129	-2,130
Accumulated Other Comprehensive Income / (Loss)	-947	-916	-935	-916	-934	-897	-888	-971

This table displays calculated financial ratios and metrics derived from Mattel's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-1.13%	0.12%	-0.42%	18.95%	1.86%	-0.23%	-7.51%	-10.48%	-4.37%	-5.33%
EBITDA Growth	17.98%	-8.41%	-9.12%	68.50%	102.15%	761.38%	125.17%	-117.20%	-7.06%	-11.03%
EBIT Growth	22.32%	-10.16%	-12.96%	93.85%	956.25%	114.71%	40.70%	-182.74%	-9.95%	-17.74%
NOPAT Growth	143.80%	-52.09%	-64.26%	484.02%	810.51%	115.83%	30.19%	-158.07%	-6.05%	-22.48%
Net Income Growth	152.77%	-45.58%	-56.38%	630.70%	156.49%	58.98%	49.43%	-437.03%	-15.30%	-25.95%
EPS Growth	163.33%	-45.45%	-56.52%	622.86%	155.56%	59.35%	49.51%	-437.36%	-15.74%	-25.52%
Operating Cash Flow Growth	-7.96%	96.41%	-8.78%	69.92%	69.62%	716.60%	1.08%	-104.64%	-19.07%	-17.33%
Free Cash Flow Firm Growth	-8.69%	127.22%	-58.39%	180.20%	-1.85%	23.77%	-41.35%	-11.35%	-42.64%	125.90%
Invested Capital Growth	-0.23%	-11.13%	6.23%	26.07%	-0.18%	-7.51%	-11.02%	-14.84%	0.59%	-5.77%
Revenue Q/Q Growth	0.48%	4.19%	-6.74%	3.20%	3.43%	-1.20%	-1.79%	-4.32%	-3.00%	0.10%
EBITDA Q/Q Growth	8.44%	16.34%	-18.92%	12.43%	26.04%	-14.29%	108.83%	-130.75%	-5.14%	6.91%
EBIT Q/Q Growth	3.95%	19.79%	-25.00%	8.26%	54.35%	-54.61%	63.51%	-354.44%	-7.13%	11.45%
NOPAT Q/Q Growth	-3.77%	174.24%	-29.75%	4.02%	261.23%	-54.31%	60.36%	83.74%	-9.68%	19.87%
Net Income Q/Q Growth	-1.18%	157.72%	-34.74%	11.31%	893.44%	-8.79%	35.59%	-74.65%	-12.92%	21.44%
EPS Q/Q Growth	-0.63%	140.00%	-34.13%	10.48%	800.00%	-6.78%	35.68%	-76.44%	-11.65%	21.35%
Operating Cash Flow Q/Q Growth	-9.83%	36.34%	-5.09%	2.89%	19.00%	-11.57%	-43.80%	-114.86%	-4.96%	-9.37%
Free Cash Flow Firm Q/Q Growth	-0.22%	72.53%	-24.50%	-1.30%	792.92%	-17.89%	785.09%	137.43%	-9.94%	-15.63%
Invested Capital Q/Q Growth	-18.15%	-17.67%	-13.65%	-11.77%	-16.05%	-18.72%	-18.08%	-17.95%	-15.09%	-15.15%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	50.82%	47.48%	45.66%	48.13%	48.89%	43.90%	39.84%	37.38%	46.70%	49.21%
EBITDA Margin	17.39%	14.58%	15.93%	17.46%	12.32%	6.21%	0.72%	-2.64%	13.76%	14.16%
Operating Margin	12.91%	10.32%	12.43%	13.37%	8.17%	0.82%	-5.19%	-6.88%	9.54%	9.49%
EBIT Margin	12.82%	10.36%	11.55%	13.21%	8.11%	0.78%	-5.30%	-8.27%	8.95%	9.50%
Profit (Net Income) Margin	10.07%	3.94%	7.25%	16.55%	2.69%	-4.86%	-11.81%	-21.60%	5.74%	6.48%
Tax Burden Percent	87.04%	46.06%	78.11%	191.81%	69.56%	137.01%	128.54%	210.39%	77.83%	79.63%
Interest Burden Percent	90.24%	82.53%	80.34%	65.28%	47.75%	-453.27%	173.26%	124.13%	82.38%	85.60%
Effective Tax Rate	16.97%	57.90%	26.94%	-89.30%	36.90%	0.00%	0.00%	0.00%	22.17%	20.37%
Return on Invested Capital (ROIC)	17.94%	6.92%	14.04%	45.19%	8.74%	0.92%	-5.28%	-6.57%	10.50%	10.88%
ROIC Less NNEP Spread (ROIC-NNEP)	14.50%	5.24%	8.19%	20.88%	3.50%	-10.01%	-22.43%	-53.39%	3.62%	5.63%
Return on Net Nonoperating Assets (RNNOA)	6.62%	3.28%	7.69%	37.69%	13.69%	-38.68%	-50.45%	-51.14%	1.91%	2.36%
Return on Equity (ROE)	24.55%	10.19%	21.73%	82.88%	22.43%	-37.76%	-55.73%	-57.71%	12.41%	13.24%
Cash Return on Invested Capital (CROIC)	18.16%	18.70%	8.01%	22.13%	8.92%	8.72%	6.39%	9.47%	9.92%	16.82%
Operating Return on Assets (OROA)	10.63%	8.94%	9.99%	12.09%	6.85%	0.67%	-4.18%	-6.35%	7.49%	8.18%
Return on Assets (ROA)	8.35%	3.40%	6.27%	15.14%	2.28%	-4.14%	-9.30%	-16.58%	4.80%	5.57%
Return on Common Equity (ROCE)	24.55%	10.19%	21.73%	82.88%	22.43%	-37.76%	-55.73%	-57.71%	12.41%	13.24%
Return on Equity Simple (ROE_SIMPLE)	23.93%	9.97%	19.16%	57.56%	20.25%	-44.49%	-79.97%	-84.56%	13.00%	14.03%
Net Operating Profit after Tax (NOPAT)	576	236	494	1,381	236	26	-164	-235	405	431
NOPAT Margin	10.72%	4.35%	9.08%	25.30%	5.15%	0.58%	-3.63%	-4.81%	7.42%	7.55%
Net Nonoperating Expense Percent (NNEP)	3.44%	1.68%	5.85%	24.31%	5.24%	10.93%	17.15%	46.82%	6.89%	5.25%
Return On Investment Capital (ROIC_SIMPLE)	12.54%	5.28%	11.26%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	49.18%	52.52%	54.34%	51.87%	51.11%	56.10%	60.16%	62.62%	53.30%	50.79%
SG&A Expenses to Revenue	28.49%	27.52%	23.40%	24.76%	29.26%	30.86%	33.42%	31.10%	25.52%	27.14%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	37.92%	37.16%	33.23%	34.76%	40.72%	43.07%	45.03%	44.25%	37.17%	39.73%
Earnings before Interest and Taxes (EBIT)	690	564	628	721	372	35	-239	-404	488	542
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	936	793	866	953	565	280	32	-129	750	807
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.64	3.10	3.07	4.81	9.95	9.55	5.17	4.24	3.76	3.20
Price to Tangible Book Value (P/TBV)	11.45	17.94	25.03	0.00	0.00	0.00	0.00	0.00	8.87	6.75
Price to Revenue (P/Rev)	1.11	1.23	1.16	1.38	1.32	1.04	0.76	1.08	1.66	1.48
Price to Earnings (P/E)	11.02	31.11	16.05	8.36	49.15	0.00	0.00	0.00	28.92	22.83
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	8.39%	5.75%	6.12%
Earnings Yield	9.07%	3.21%	6.23%	11.95%	2.03%	0.00%	0.00%	0.00%	3.46%	4.38%
Enterprise Value to Invested Capital (EV/IC)	2.16	2.40	2.18	2.76	3.02	2.55	1.95	2.23	2.72	2.51
Enterprise Value to Revenue (EV/Rev)	1.29	1.42	1.45	1.72	1.78	1.54	1.26	1.50	1.93	1.69
Enterprise Value to EBITDA (EV/EBITDA)	7.39	9.76	9.11	9.86	14.44	24.72	175.81	0.00	14.00	11.94
Enterprise Value to EBIT (EV/EBIT)	10.03	13.72	12.56	13.02	21.95	196.31	0.00	0.00	21.53	17.79
Enterprise Value to NOPAT (EV/NOPAT)	12.00	32.72	15.98	6.80	34.54	266.24	0.00	0.00	25.96	22.38
Enterprise Value to Operating Cash Flow (EV/OCF)	8.64	8.90	17.81	19.35	28.59	41.05	0.00	0.00	17.67	13.13
Enterprise Value to Free Cash Flow (EV/FCFF)	11.85	12.10	28.03	13.89	33.84	28.13	28.74	21.64	27.49	14.48
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.03	1.08	1.13	1.64	4.68	5.79	4.28	2.50	0.97	0.80
Long-Term Debt to Equity	1.03	1.08	1.13	1.64	4.68	5.79	4.28	2.30	0.89	0.68
Financial Leverage	0.46	0.63	0.94	1.81	3.91	3.87	2.25	0.96	0.53	0.42
Leverage Ratio	2.94	3.00	3.47	5.47	9.86	9.12	5.99	3.48	2.58	2.37
Compound Leverage Factor	2.65	2.48	2.79	3.57	4.71	-41.33	10.38	4.32	2.13	2.03
Debt to Total Capital	50.76%	52.02%	53.07%	62.10%	82.40%	85.27%	81.07%	71.46%	49.14%	44.39%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.03%	0.00%	0.12%	5.72%	4.06%	6.69%
Long-Term Debt to Total Capital	50.76%	52.02%	53.07%	62.10%	82.37%	85.27%	80.95%	65.74%	45.08%	37.69%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	49.24%	47.98%	46.93%	37.90%	17.60%	14.73%	18.93%	28.54%	50.86%	55.61%
Debt to EBITDA	2.49	2.94	2.69	2.70	5.05	10.18	87.94	-24.20	3.10	2.60
Net Debt to EBITDA	1.01	1.35	1.81	1.93	3.70	7.92	69.63	-15.84	1.94	1.50
Long-Term Debt to EBITDA	2.49	2.94	2.69	2.70	5.05	10.18	87.81	-22.27	2.84	2.21
Debt to NOPAT	4.05	9.85	4.71	1.86	12.08	109.61	-17.41	-13.29	5.75	4.88
Net Debt to NOPAT	1.64	4.52	3.17	1.33	8.85	85.35	-13.79	-8.70	3.60	2.81
Long-Term Debt to NOPAT	4.05	9.85	4.71	1.86	12.07	109.61	-17.38	-12.23	5.27	4.14
Altman Z-Score	3.11	3.07	3.08	2.94	2.43	2.04	1.85	1.98	3.45	3.49
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.38	2.33	2.30	1.80	1.84	1.76	1.88	1.91	1.95	1.82
Quick Ratio	1.82	1.75	1.37	1.13	1.33	1.23	1.25	1.36	1.32	1.24
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	584	639	281	676	241	246	199	339	382	666
Operating Cash Flow to CapEx	592.11%	1,013.51%	416.49%	629.40%	481.06%	331.46%	-35.13%	-16.42%	226.74%	288.99%
Free Cash Flow to Firm to Interest Expense	4.91	5.16	2.12	2.66	1.22	1.22	1.09	3.22	4.02	7.81
Operating Cash Flow to Interest Expense	6.74	7.03	3.33	1.91	1.44	0.84	-0.15	-0.26	6.25	8.61
Operating Cash Flow Less CapEx to Interest Expense	5.60	6.33	2.53	1.61	1.14	0.59	-0.58	-1.86	3.49	5.63
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.83	0.86	0.86	0.92	0.85	0.85	0.79	0.77	0.84	0.86
Accounts Receivable Turnover	5.16	5.60	5.62	5.18	4.66	4.73	4.31	4.36	4.83	5.09
Inventory Turnover	4.93	3.90	3.53	4.34	4.58	4.87	4.75	5.03	4.84	5.04
Fixed Asset Turnover	10.96	11.64	11.75	11.74	8.96	7.46	6.26	6.26	7.20	7.71
Accounts Payable Turnover	6.29	6.25	5.62	5.27	4.91	5.07	4.89	4.94	4.42	5.35
Days Sales Outstanding (DSO)	70.73	65.14	64.91	70.44	78.37	77.24	84.67	83.74	75.65	71.67
Days Inventory Outstanding (DIO)	74.05	93.61	103.27	84.17	79.68	74.99	76.84	72.51	75.43	72.42
Days Payable Outstanding (DPO)	58.04	58.36	64.92	69.27	74.29	72.02	74.59	73.85	82.67	68.18
Cash Conversion Cycle (CCC)	86.74	100.39	103.26	85.34	83.76	80.20	86.92	82.40	68.41	75.92
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,211	3,218	3,621	3,408	2,704	2,708	2,928	3,291	3,865	3,842
Invested Capital Turnover	1.67	1.59	1.55	1.79	1.70	1.60	1.45	1.36	1.42	1.44
Increase / (Decrease) in Invested Capital	-7.27	-403	212	705	-4.84	-220	-363	-574	23	-235
Enterprise Value (EV)	6,920	7,738	7,887	9,393	8,167	6,915	5,709	7,330	10,505	9,642
Market Capitalization	5,973	6,669	6,323	7,553	6,073	4,698	3,448	5,287	9,048	8,433
Book Value per Share	$6.72	$6.08	$5.80	$4.48	$1.75	$1.42	$1.93	$3.63	$7.04	$7.76
Tangible Book Value per Share	$1.55	$1.05	$0.71	($0.85)	($3.74)	($2.59)	($2.08)	($0.44)	$2.98	$3.68
Total Capital	4,598	4,479	4,382	4,140	3,466	3,338	3,523	4,370	4,734	4,735
Total Debt	2,334	2,330	2,326	2,571	2,856	2,847	2,856	3,123	2,326	2,102
Total Long-Term Debt	2,334	2,330	2,326	2,571	2,855	2,847	2,852	2,873	2,134	1,785
Net Debt	946	1,069	1,564	1,840	2,093	2,217	2,261	2,044	1,457	1,209
Capital Expenditures (CapEx)	135	86	106	77	59	51	78	168	262	254
Debt-free, Cash-free Net Working Capital (DFCFNWC)	423	519	780	545	380	341	507	647	757	780
Debt-free Net Working Capital (DFNWC)	1,811	1,780	1,541	1,276	1,142	971	1,101	1,726	1,627	1,672
Net Working Capital (NWC)	1,811	1,780	1,541	1,276	1,141	971	1,097	1,476	1,434	1,356
Net Nonoperating Expense (NNE)	35	22	100	478	113	245	369	820	92	61
Net Nonoperating Obligations (NNO)	946	1,069	1,564	1,840	2,093	2,217	2,261	2,044	1,457	1,209
Total Depreciation and Amortization (D&A)	246	229	238	232	193	245	272	275	262	265
Debt-free, Cash-free Net Working Capital to Revenue	7.87%	9.53%	14.35%	9.98%	8.28%	7.57%	11.23%	13.26%	13.88%	13.67%
Debt-free Net Working Capital to Revenue	33.67%	32.71%	28.36%	23.38%	24.89%	21.56%	24.40%	35.37%	29.83%	29.33%
Net Working Capital to Revenue	33.67%	32.71%	28.36%	23.38%	24.87%	21.56%	24.30%	30.25%	26.31%	23.77%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.59	$0.61	$1.11	$2.58	$0.36	($0.62)	($1.54)	($3.07)	$0.93	$1.08
Adjusted Weighted Average Basic Shares Outstanding	340.44M	353.59M	353.79M	350.01M	347.46M	346.13M	345.01M	343.56M	341.48M	339.17M
Adjusted Diluted Earnings per Share	$1.58	$0.60	$1.10	$2.53	$0.36	($0.62)	($1.54)	($3.07)	$0.92	$1.08
Adjusted Weighted Average Diluted Shares Outstanding	343.34M	357.11M	359.61M	357.25M	349.12M	346.13M	345.01M	343.56M	344.23M	339.75M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	($1.54)	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	330.20M	344M	355.71M	352.24M	348.17M	346.87M	345.40M	343.92M	342.45M	340.01M
Normalized Net Operating Profit after Tax (NOPAT)	576	393	494	511	236	26	-164	-235	405	431
Normalized NOPAT Margin	10.72%	7.23%	9.08%	9.36%	5.15%	0.58%	-3.63%	-4.81%	7.42%	7.55%
Pre Tax Income Margin	11.57%	8.55%	9.28%	8.63%	3.87%	-3.54%	-9.19%	-10.27%	7.37%	8.14%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.81	4.56	4.73	2.84	1.88	0.18	-1.32	-3.84	5.13	6.36
NOPAT to Interest Expense	4.85	1.91	3.72	5.44	1.19	0.13	-0.90	-2.23	4.25	5.05
EBIT Less CapEx to Interest Expense	4.67	3.86	3.93	2.54	1.58	-0.08	-1.74	-5.44	2.37	3.37
NOPAT Less CapEx to Interest Expense	3.72	1.22	2.92	5.13	0.89	-0.12	-1.33	-3.83	1.50	2.07
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-29.58%	165.71%	139.43%
Augmented Payout Ratio	73.83%	94.71%	0.00%	0.00%	0.00%	0.00%	0.00%	-29.58%	165.71%	139.43%

This table displays calculated financial ratios and metrics derived from Mattel's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.12%	1.59%	-3.90%	-0.68%	-0.62%	15.61%	9.28%	-12.02%	-21.77%	-21.89%	-0.37%
EBITDA Growth	-136.87%	10.50%	3.72%	12.29%	121.94%	38.26%	20.87%	-20.70%	-160.60%	-58.28%	2.53%
EBIT Growth	-60.51%	19.20%	3.15%	18.75%	63.79%	215.68%	20.37%	-44.95%	-260.10%	-82.89%	2.72%
NOPAT Growth	-49.16%	-15.53%	155.24%	78.92%	69.12%	247.33%	-51.45%	-54.75%	-358.80%	-81.01%	-66.87%
Net Income Growth	-42.57%	-4.38%	154.50%	109.14%	73.44%	812.91%	-49.52%	-59.08%	-596.28%	-92.85%	-63.54%
EPS Growth	-50.00%	-2.44%	165.85%	112.50%	73.33%	583.33%	-48.75%	-55.56%	-600.00%	-90.48%	-64.29%
Operating Cash Flow Growth	-30.09%	-9.19%	-36.64%	-112.16%	117.20%	32.30%	63.73%	57.61%	-43.52%	-3.20%	1,135.52%
Free Cash Flow Firm Growth	-105.85%	-73.33%	-15.80%	505.73%	340.25%	455.01%	1,851.01%	108.21%	74.73%	63.29%	-108.86%
Invested Capital Growth	-0.15%	-0.23%	0.36%	-10.21%	-15.16%	-11.13%	-6.78%	-0.98%	4.08%	6.23%	8.54%
Revenue Q/Q Growth	-49.79%	-10.71%	70.77%	33.38%	-50.05%	-15.54%	76.49%	33.46%	-41.90%	-20.15%	42.09%
EBITDA Q/Q Growth	-102.58%	-60.09%	280.55%	842.25%	-91.47%	-62.54%	312.00%	284.08%	-179.44%	-67.25%	170.31%
EBIT Q/Q Growth	-140.61%	-66.91%	537.20%	287.44%	-130.16%	-71.36%	633.57%	157.15%	-362.95%	-89.08%	235.50%
NOPAT Q/Q Growth	-125.33%	-61.29%	437.65%	382.95%	-114.34%	16.97%	276.90%	148.83%	-261.37%	-83.65%	251.29%
Net Income Q/Q Growth	-128.62%	-62.17%	554.90%	301.05%	-119.20%	0.68%	438.19%	125.53%	-759.79%	-94.43%	336.31%
EPS Q/Q Growth	-130.00%	-63.30%	541.18%	312.50%	-119.51%	0.00%	412.50%	126.67%	-600.00%	-92.50%	344.44%
Operating Cash Flow Q/Q Growth	-97.12%	453.29%	161.61%	-812.49%	-96.26%	286.04%	306.32%	42.24%	-128.76%	377.73%	153.42%
Free Cash Flow Firm Q/Q Growth	-120.98%	-57.80%	-23.77%	-13.40%	-4.26%	33.21%	448.41%	134.35%	-41.48%	-557.05%	97.43%
Invested Capital Q/Q Growth	0.34%	-18.15%	9.48%	11.06%	0.26%	-17.67%	-2.05%	4.93%	5.03%	-13.65%	4.05%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	49.37%	50.74%	53.09%	49.15%	48.04%	48.76%	50.97%	45.05%	39.99%	42.99%	48.23%
EBITDA Margin	-0.69%	13.42%	30.03%	13.48%	1.91%	12.34%	27.83%	11.92%	-8.64%	10.32%	25.16%
Operating Margin	-6.41%	9.61%	26.48%	7.71%	-4.39%	8.64%	24.70%	5.77%	-14.12%	5.63%	22.29%
EBIT Margin	-7.99%	9.87%	26.64%	7.14%	-5.08%	8.41%	24.82%	5.97%	-13.95%	3.08%	22.54%
Profit (Net Income) Margin	-4.88%	8.56%	20.20%	5.27%	-3.49%	9.09%	7.63%	2.50%	-13.07%	1.15%	16.51%
Tax Burden Percent	50.84%	97.00%	78.95%	95.55%	52.46%	128.20%	32.51%	70.43%	77.04%	111.69%	79.70%
Interest Burden Percent	120.12%	89.33%	96.01%	77.19%	131.06%	84.26%	94.51%	59.46%	121.66%	33.44%	91.92%
Effective Tax Rate	0.00%	7.49%	22.55%	15.45%	0.00%	-23.75%	68.73%	37.37%	0.00%	36.83%	22.01%
Return on Invested Capital (ROIC)	-7.51%	14.88%	28.05%	9.34%	-4.75%	17.02%	9.96%	4.56%	-13.81%	5.50%	25.15%
ROIC Less NNEP Spread (ROIC-NNEP)	-7.79%	14.33%	27.71%	8.60%	-4.97%	15.04%	9.87%	4.00%	-15.14%	3.52%	24.51%
Return on Net Nonoperating Assets (RNNOA)	-4.30%	6.54%	22.19%	7.95%	-3.85%	9.42%	10.10%	4.70%	-16.61%	3.31%	35.67%
Return on Equity (ROE)	-11.81%	21.43%	50.24%	17.29%	-8.60%	26.44%	20.06%	9.26%	-30.42%	8.81%	60.82%
Cash Return on Invested Capital (CROIC)	17.77%	18.16%	14.94%	19.95%	25.50%	18.70%	9.15%	8.69%	5.54%	8.01%	9.25%
Operating Return on Assets (OROA)	-7.02%	8.18%	22.36%	6.57%	-4.64%	7.26%	20.39%	5.01%	-12.13%	2.66%	20.63%
Return on Assets (ROA)	-4.29%	7.09%	16.95%	4.84%	-3.19%	7.84%	6.27%	2.10%	-11.37%	1.00%	15.11%
Return on Common Equity (ROCE)	-11.81%	21.43%	50.24%	17.29%	-8.60%	26.44%	20.06%	9.26%	-30.42%	8.81%	60.82%
Return on Equity Simple (ROE_SIMPLE)	24.88%	0.00%	23.70%	16.33%	14.44%	0.00%	4.09%	11.55%	13.73%	0.00%	30.68%
Net Operating Profit after Tax (NOPAT)	-37	146	378	70	-25	173	148	39	-81	50	305
NOPAT Margin	-4.49%	8.89%	20.51%	6.52%	-3.07%	10.69%	7.72%	3.62%	-9.89%	3.56%	17.39%
Net Nonoperating Expense Percent (NNEP)	0.28%	0.55%	0.34%	0.74%	0.22%	1.98%	0.09%	0.56%	1.33%	1.98%	0.64%
Return On Investment Capital (ROIC_SIMPLE)	-0.83%	3.18%	-	-	-	3.87%	-	-	-	1.14%	-
Cost of Revenue to Revenue	50.63%	49.26%	46.91%	50.85%	51.96%	51.24%	49.03%	54.95%	60.01%	57.01%	51.77%
SG&A Expenses to Revenue	47.29%	25.51%	20.92%	34.62%	43.60%	25.65%	19.79%	31.00%	44.78%	20.04%	18.68%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	55.78%	41.13%	26.61%	41.45%	52.43%	40.11%	26.27%	39.28%	54.12%	37.35%	25.94%
Earnings before Interest and Taxes (EBIT)	-66	163	491	77	-41	136	476	65	-114	43	396
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-5.69	221	554	146	15	200	534	130	-70	145	442
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.01	2.64	2.80	2.84	3.36	3.10	3.83	3.52	3.38	3.07	3.40
Price to Tangible Book Value (P/TBV)	16.51	11.45	11.79	26.26	26.49	17.94	30.29	41.57	47.20	25.03	39.31
Price to Revenue (P/Rev)	1.19	1.11	1.21	1.03	1.25	1.23	1.49	1.37	1.26	1.16	1.15
Price to Earnings (P/E)	12.11	11.02	11.81	17.36	23.29	31.11	93.80	30.50	24.62	16.05	11.08
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	8.26%	9.07%	8.47%	5.76%	4.29%	3.21%	1.07%	3.28%	4.06%	6.23%	9.02%
Enterprise Value to Invested Capital (EV/IC)	2.33	2.16	2.06	2.01	2.48	2.40	2.48	2.24	2.21	2.18	2.13
Enterprise Value to Revenue (EV/Rev)	1.39	1.29	1.51	1.33	1.47	1.42	1.85	1.77	1.62	1.45	1.53
Enterprise Value to EBITDA (EV/EBITDA)	8.21	7.39	9.37	8.55	9.69	9.76	14.19	15.17	13.50	9.11	8.35
Enterprise Value to EBIT (EV/EBIT)	11.29	10.03	12.18	11.11	12.59	13.72	20.55	22.92	18.98	12.56	10.65
Enterprise Value to NOPAT (EV/NOPAT)	13.21	12.00	13.50	20.70	25.08	32.72	112.21	28.96	23.66	15.98	12.69
Enterprise Value to Operating Cash Flow (EV/OCF)	9.50	8.64	9.11	7.37	7.21	8.90	15.17	16.49	22.13	17.81	19.11
Enterprise Value to Free Cash Flow (EV/FCFF)	13.10	11.85	13.82	9.54	8.94	12.10	26.11	25.67	40.74	28.03	23.93
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.10	1.03	1.01	1.18	1.15	1.08	1.14	1.19	1.20	1.13	1.31
Long-Term Debt to Equity	1.10	1.03	1.01	1.18	1.15	1.08	1.14	1.19	1.20	1.13	1.18
Financial Leverage	0.55	0.46	0.80	0.92	0.77	0.63	1.02	1.17	1.10	0.94	1.46
Leverage Ratio	2.95	2.94	2.93	3.00	3.00	3.00	3.18	3.27	3.37	3.47	3.88
Compound Leverage Factor	3.55	2.63	2.82	2.32	3.93	2.53	3.00	1.94	4.10	1.16	3.57
Debt to Total Capital	52.31%	50.76%	50.22%	54.17%	53.51%	52.02%	53.36%	54.26%	54.56%	53.07%	56.68%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.50%
Long-Term Debt to Total Capital	52.31%	50.76%	50.22%	54.17%	53.51%	52.02%	53.36%	54.26%	54.56%	53.07%	51.18%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	47.69%	49.24%	49.78%	45.83%	46.49%	47.98%	46.64%	45.74%	45.44%	46.93%	43.32%
Debt to EBITDA	2.55	2.49	2.70	2.77	2.82	2.94	3.42	3.95	3.73	2.69	2.41
Net Debt to EBITDA	1.19	1.01	1.87	1.91	1.45	1.35	2.75	3.44	2.99	1.81	2.08
Long-Term Debt to EBITDA	2.55	2.49	2.70	2.77	2.82	2.94	3.42	3.95	3.73	2.69	2.18
Debt to NOPAT	4.11	4.05	3.89	6.70	7.29	9.85	27.01	7.54	6.54	4.71	3.66
Net Debt to NOPAT	1.92	1.64	2.69	4.63	3.76	4.52	21.73	6.57	5.24	3.17	3.17
Long-Term Debt to NOPAT	4.11	4.05	3.89	6.70	7.29	9.85	27.01	7.54	6.54	4.71	3.31
Altman Z-Score	2.90	2.84	3.09	2.87	2.91	2.85	3.19	2.89	2.78	2.77	2.89
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.43	2.38	2.45	2.58	2.49	2.33	2.33	2.35	2.44	2.30	1.96
Quick Ratio	1.64	1.82	1.69	1.54	1.64	1.75	1.55	1.15	1.17	1.37	1.10
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-32	154	364	478	552	576	433	79	-230	-162	-25
Operating Cash Flow to CapEx	119.17%	3,240.31%	203.52%	-1,459.91%	241.25%	3,794.24%	1,034.62%	-854.00%	-894.66%	1,941.85%	505.83%
Free Cash Flow to Firm to Interest Expense	-1.10	5.23	12.40	15.93	18.35	18.41	14.08	2.57	-7.38	-4.91	-0.73
Operating Cash Flow to Interest Expense	0.85	29.36	5.31	-8.43	1.18	30.33	8.01	-3.89	-6.63	21.69	4.44
Operating Cash Flow Less CapEx to Interest Expense	0.14	28.46	2.70	-9.01	0.69	29.53	7.23	-4.35	-7.37	20.57	3.56
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.88	0.83	0.84	0.92	0.91	0.86	0.82	0.84	0.87	0.86	0.92
Accounts Receivable Turnover	8.26	5.16	3.51	6.27	8.07	5.60	3.54	5.38	6.78	5.62	4.13
Inventory Turnover	3.98	4.93	3.49	3.14	3.42	3.90	3.02	2.60	2.99	3.53	3.16
Fixed Asset Turnover	11.15	10.96	11.03	11.94	11.77	11.64	11.58	11.17	11.28	11.75	12.95
Accounts Payable Turnover	8.34	6.29	5.99	7.38	8.86	6.25	5.98	6.20	7.27	5.62	5.93
Days Sales Outstanding (DSO)	44.18	70.73	103.91	58.17	45.22	65.14	103.18	67.82	53.83	64.91	88.29
Days Inventory Outstanding (DIO)	91.67	74.05	104.62	116.42	106.67	93.61	121.03	140.36	122.16	103.27	115.42
Days Payable Outstanding (DPO)	43.75	58.04	60.90	49.45	41.19	58.36	61.04	58.84	50.17	64.92	61.54
Cash Conversion Cycle (CCC)	92.11	86.74	147.63	125.14	110.71	100.39	163.16	149.35	125.81	103.26	142.18
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,221	3,211	3,923	3,583	3,226	3,218	3,909	3,990	3,803	3,621	4,193
Invested Capital Turnover	1.67	1.67	1.37	1.43	1.55	1.59	1.29	1.26	1.40	1.55	1.45
Increase / (Decrease) in Invested Capital	-4.84	-7.27	14	-407	-577	-403	-284	-40	149	212	330
Enterprise Value (EV)	7,508	6,920	8,085	7,205	8,015	7,738	9,675	8,944	8,414	7,887	8,916
Market Capitalization	6,416	5,973	6,475	5,595	6,815	6,669	7,802	6,916	6,549	6,323	6,691
Book Value per Share	$6.45	$6.72	$6.80	$5.73	$5.89	$6.08	$5.75	$5.54	$5.45	$5.80	$5.57
Tangible Book Value per Share	$1.18	$1.55	$1.62	$0.62	$0.75	$1.05	$0.73	$0.47	$0.39	$0.71	$0.48
Total Capital	4,465	4,598	4,646	4,305	4,356	4,479	4,364	4,290	4,264	4,382	4,542
Total Debt	2,335	2,334	2,333	2,332	2,331	2,330	2,329	2,328	2,327	2,326	2,574
Total Long-Term Debt	2,335	2,334	2,333	2,332	2,331	2,330	2,329	2,328	2,327	2,326	2,324
Net Debt	1,092	946	1,610	1,610	1,201	1,069	1,873	2,028	1,865	1,564	2,225
Capital Expenditures (CapEx)	21	27	77	17	15	25	24	14	23	37	30
Debt-free, Cash-free Net Working Capital (DFCFNWC)	396	423	1,158	871	506	519	1,282	1,093	936	780	1,408
Debt-free Net Working Capital (DFNWC)	1,640	1,811	1,882	1,593	1,636	1,780	1,738	1,393	1,397	1,541	1,757
Net Working Capital (NWC)	1,640	1,811	1,882	1,593	1,636	1,780	1,738	1,393	1,397	1,541	1,507
Net Nonoperating Expense (NNE)	3.23	5.54	5.86	13	3.42	26	1.87	12	26	34	15
Net Nonoperating Obligations (NNO)	1,092	946	1,610	1,610	1,201	1,069	1,873	2,028	1,865	1,564	2,225
Total Depreciation and Amortization (D&A)	60	58	63	68	57	64	58	65	43	101	46
Debt-free, Cash-free Net Working Capital to Revenue	7.34%	7.87%	21.63%	16.04%	9.31%	9.53%	24.54%	21.60%	17.97%	14.35%	24.16%
Debt-free Net Working Capital to Revenue	30.38%	33.67%	35.15%	29.35%	30.10%	32.71%	33.27%	27.53%	26.83%	28.36%	30.15%
Net Working Capital to Revenue	30.38%	33.67%	35.15%	29.35%	30.10%	32.71%	33.27%	27.53%	26.83%	28.36%	25.86%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.12)	$0.40	$1.10	$0.17	($0.08)	$0.42	$0.41	$0.08	($0.30)	$0.04	$0.82
Adjusted Weighted Average Basic Shares Outstanding	327.49M	340.44M	339.06M	342.20M	346.89M	353.59M	354.14M	354.58M	354.94M	353.79M	354.47M
Adjusted Diluted Earnings per Share	($0.12)	$0.40	$1.09	$0.17	($0.08)	$0.41	$0.41	$0.08	($0.30)	$0.06	$0.80
Adjusted Weighted Average Diluted Shares Outstanding	327.49M	343.34M	341.22M	344.41M	346.89M	357.11M	357.47M	357.21M	354.94M	359.61M	360.23M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	322.90M	330.20M	336.90M	339.90M	344.10M	344M	353.23M	354.14M	353.96M	355.71M	354.40M
Normalized Net Operating Profit after Tax (NOPAT)	-37	146	378	70	-25	98	332	39	-81	50	305
Normalized NOPAT Margin	-4.49%	8.89%	20.51%	6.52%	-3.07%	6.05%	17.29%	3.62%	-9.89%	3.56%	17.39%
Pre Tax Income Margin	-9.59%	8.82%	25.58%	5.51%	-6.66%	7.09%	23.46%	3.55%	-16.97%	1.03%	20.71%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-2.26	5.54	16.73	2.57	-1.37	4.36	15.50	2.12	-3.65	1.31	11.68
NOPAT to Interest Expense	-1.27	4.99	12.88	2.35	-0.83	5.54	4.82	1.28	-2.59	1.51	9.01
EBIT Less CapEx to Interest Expense	-2.97	4.63	14.12	1.99	-1.86	3.56	14.73	1.66	-4.39	0.19	10.81
NOPAT Less CapEx to Interest Expense	-1.98	4.08	10.27	1.77	-1.32	4.74	4.05	0.83	-3.33	0.39	8.14
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	86.83%	73.83%	65.93%	109.60%	91.96%	94.71%	132.09%	21.99%	12.78%	0.00%	0.00%

Frequently Asked Questions About Mattel's Financials

When does Mattel's financial year end?

According to the most recent income statement we have on file, Mattel's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Mattel's net income changed over the last 9 years?

Mattel's net income appears to be on an upward trend, with a most recent value of $541.82 million in 2024, rising from $369.42 million in 2015. The previous period was $214.35 million in 2023. Find out what analysts predict for Mattel in the coming months.

What is Mattel's operating income?

Mattel's total operating income in 2024 was $694.28 million, based on the following breakdown:

Total Gross Profit: $2.73 billion
Total Operating Expenses: $2.04 billion

How has Mattel revenue changed over the last 9 years?

Over the last 9 years, Mattel's total revenue changed from $5.70 billion in 2015 to $5.38 billion in 2024, a change of -5.7%.

How much debt does Mattel have?

Mattel's total liabilities were at $4.28 billion at the end of 2024, a 0.2% decrease from 2023, and a 9.7% increase since 2015.

How much cash does Mattel have?

In the past 9 years, Mattel's cash and equivalents has ranged from $594.48 million in 2018 to $1.39 billion in 2024, and is currently $1.39 billion as of their latest financial filing in 2024.

How has Mattel's book value per share changed over the last 9 years?

Over the last 9 years, Mattel's book value per share changed from 7.76 in 2015 to 6.72 in 2024, a change of -13.4%.

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This page (NASDAQ:MAT) was last updated on 5/25/2025 by MarketBeat.com Staff

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Mattel (MAT) Financials

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Mattel (MAT) Financials

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