MARKETS / NASDAQ / Consumer discretionary / Miscellaneous manufacturing / MAT

NASDAQ · DOLLS & STUFFED TOYS · LARGE CAP

Mattel Inc. MAT

19 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$5.3B

▼ 0.6% YoY

Net income

$397.6M

▼ 26.6% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Mattel, Inc. designs, manufactures, markets and sells toys, games and other products related to play, entertainment, learning and development. As of December 31, 2025, Mattel had approximately 31,000 employees, including temporary and seasonal employees, working in 34 countries worldwide. During 2025, Mattel's three largest customers -- Walmart, at $1.08 billion, Target, at $0.63 billion, and Amazon, at $0.52 billion -- accounted for approximately 42% of worldwide consolidated net sales. Mattel manufactures toy products for all segments in both company-owned and third-party facilities, with principal manufacturing facilities located in China, Vietnam, Indonesia, Malaysia, Mexico and Thailand. Mattel's reportable segments are North America and International. The North America segment markets and sells toys and consumer products in the United States and Canada across all of Mattel's categories. The International segment markets and sells products generally the same as those marketed and sold by the North America segment, though some products are developed or adapted for particular international markets.

Written from the business description in MATTEL INC /DE/'s annual report to the U.S. Securities and Exchange Commission, filed 23 February 2026. Every sentence was checked against that document before publication.

Growth

USD 5.3B

Revenue, FY2025 · full 19-year series below

Revenue $B Net income $B

FY2025 · Revenue 5.3 · Net income 0.4

2.5B5.0B-0.5B-1.0B

2007201020132016201920222025

Compound annual growth

Revenue

−0.5%

+3.1%

−0.6%

Net income

+0.3%

+26.3%

+0.7%

−3.6%

EPS, diluted

+4.1%

+28.8%

+1.4%

−2.7%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +3.1% a year over the five years to FY2025 — but profit grew faster: net income at +26.3%, earnings per share at +28.8%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

7 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 10.2% · Net 7.4%

5%10%15%-10%-20%

200720162025

ROE

FY2025 · ROE 17.7%

50%-20%-40%

200720162025

Three returns, three denominators.

Return on equity17.7%

Return on assets6.0%

Return on capital employed10.5%

Gross margin48.7%

Operating margin10.2%

Net margin7.4%

EBITDAUSD 714.4M

Each USD of equity produced 18 cents of profit this year.

Cash & shareholders

USD 590.2M

returned in FY2025 · dividends + net buybacks

Free cash flow $B

FY2018 · FCF -0.1

0.5B1.0B-0.1B-0.2B

200720162025

Net buybacks $M Dividends $M

FY2025 · Dividends · · Net buybacks 590.2

300M600MDividendsNet buybacks

2007201020132016201920232025

Dividends paid·

Net buybacksUSD 590.2M

Share of profit148.4%

Consecutive raises·

USD 590.2M in buybacks — 148% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 6.6B

EquityUSD 2.2B

CashUSD 1.2B

Gross debtUSD 2.3B

Net debtUSD 1.1B

Current ratio2.15×

Net debt stands at 49% of equity.

The 19-year record

19 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative—not applicable◌not available in our data

MAT, 19-year financial record
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue $B	5.3	5.4	5.4	5.4	5.5	4.6	4.5	4.5	4.9	5.5	5.7	6.0	6.5	6.4	6.3	5.9	5.4	5.9	6.0
Operating income $B	0.5	0.7	0.6	0.7	0.7	0.4	0.0	−0.2	−0.3	0.5	0.5	0.7	1.2	1.0	1.0	0.9	0.7	0.5	0.7
EBITDA $B	0.7	0.9	0.7	0.9	0.9	0.6	0.3	0.0	−0.1	0.8	0.8	0.9	1.4	1.2	1.2	1.1	0.9	0.7	0.9
Income tax $B	0.1	0.1	0.3	0.1	−0.4	0.1	0.1	0.1	0.6	0.1	0.1	0.1	0.2	0.2	0.2	0.2	0.1	0.1	0.1
Net income $B	0.4	0.5	0.2	0.4	0.9	0.1	−0.2	−0.5	−1.1	0.3	0.4	0.5	0.9	0.8	0.8	0.7	0.5	0.4	0.6
Free cash flow $B	◌	◌	◌	◌	◌	◌	◌	−0.1	−0.2	0.5	0.6	0.8	0.6	1.2	0.6	0.5	0.9	0.3	0.5
EPS, diluted $	1.24	1.58	0.60	1.10	2.53	0.35	−0.63	−1.55	−3.07	0.91	1.08	1.45	2.58	2.22	2.18	1.86	1.45	1.04	1.53
Dividend / sh $	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.91	1.52	1.52	1.52	1.44	1.24	0.92	0.83	0.75	0.75	0.75
Payout %	—	—	—	—	—	—	−0	−0	−30	166	139	103	55	55	41	43	51	71	45
ROE %	17.7	24.6	10.2	21.7	82.9	22.1	−36.5	−54.8	−57.5	12.4	13.2	16.1	28.6	27.4	29.3	26.5	22.7	17.2	26.0

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

This company against its peers

Mattel Inc.vsAmcor PLCSame industry: Dolls & Stuffed Toys Mattel Inc.vsHasbro, Inc.Same industry: Dolls & Stuffed Toys Mattel Inc.vsAcushnet Holdings Corp.Same industry: Dolls & Stuffed Toys Mattel Inc.vsPeloton Interactive, Inc.Same industry: Dolls & Stuffed Toys Mattel Inc.vsCallaway Golf Co.Same industry: Dolls & Stuffed Toys Mattel Inc.vsYeti Holdings, Inc.Same industry: Dolls & Stuffed Toys Mattel Inc.vsBrady Corp.Same industry: Dolls & Stuffed Toys

Other companies filing in the same sector

AMZN · WMT · COST · HD · TGT · DIS

Provenance

Company facts, as filed

How we verify · 0 failures in 93 reconciliationsAUDITED

Reconciled in 19 of the 19 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures

ActivityDolls & Stuffed Toys

Listed onNASDAQ

Incorporated inDelaware

Fiscal year endsDecember 31

Data on record since2007

Mattel Inc. MAT

What this company does

Growth↗ Share

Profitability↗ Share

Cash & shareholders↗ Share

The 19-year record

This company against its peers

Other companies filing in the same sector

Company facts, as filed

Growth

Profitability

Cash & shareholders