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Saturday 17 October 2026 Export MAT’s income statement to Excel — free account

Mattel, Inc.

MAT Consumer Cyclical Leisure

Mattel, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.3 billion, down 0.59% from fiscal 2024. In the quarter to June 2026, revenue grew 10.5%, EPS fell 137.5%, free cash flow grew 29.4% and total debt was flat, each against the same quarter a year earlier. Insiders bought in the last twelve months.

17.20 0.12 −0.69%
Market cap
$5.0B
P/E
12.5×
Fwd P/E
8.6×
Dividend yield
—
F-score
5/9
Altman Z
3.08
Beneish M
−2.50
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 1.01
Total sells 0.59
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — 1 — — — — — — — —
Sell — — — — — — — — — 1 — —
Insider Ownership 2.15%

Capital & Financial Ratios $m

Market Cap 4,950.00
Revenue 5,489.93
Net Income 427.37
Free Cash Flow 434.61
Net Debt 1,810.03
Current Ratio 1.90 (at or above 1.5: strong)
Debt/Equity 1.17
P/E ratio 12.46
Fwd P/E 8.62
P/S ratio 0.91
P/B ratio 2.49
Past 5Y EPS Growth 28.06% (at or above 15%: strong)
This Y EPS Growth (8.09%) (below 0%: weak)
Next Y EPS Growth 21.32% (at or above 15%: strong)
Next Y revenue growth 6.01%
Next 5Y EPS Growth 8.46%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 1.3×, against a ten-year median of 1.6×; over the ten years it ranged from 1.1× in 2026 to 2.4× in 2016.
P/E against its own 10 years 34.88%
10-year low 10-year high
P/S against its own 10 years 14.96%
10-year low 10-year high
P/B against its own 10 years 7.34%
10-year low 10-year high
EV/Sales against its own 10 years 12.53%
10-year low 10-year high
EV/FCF against its own 10 years 27.76%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2028 Powerpack
2027 Powerpack
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 0.91
0.38
0.38
0.15
2016 1.52
0.38
0.38
0.38
0.38
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1,261 1,388 1,243 524
Receivables 1,082 1,003 1,098 820
Inventory 572 502 563 830
Other — — — —
3,122 3,127 3,131 2,453
2023 2024 2025 Q'26
Payables 442 399 555 448
ST’ Debt — — — —
Other — — — —
1,342 1,316 1,458 1,290

Compound Annual Growth %

10y 5y 3y
Sales (0.64%) 3.11% (0.54%)
Cash Flow (2.11%) 15.74% 10.24%
Earnings 0.74% 26.33% 0.31%
Book Value (1.64%) 29.63% 2.79%

Revenue $m

Mar Jun Sep Dec Year
’26 862 1,125 — — —
’25 827 1,019 1,736 1,766 5,348
’24 810 1,080 1,844 1,646 5,380
’23 815 1,087 1,919 1,621 5,441
’22 1,041 1,236 1,756 1,402 5,435
’21 874 1,026 1,762 1,795 5,458
’20 594 732 1,636 1,626 4,588
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (23) (179) — — —
’25 25 (300) 72 797 593
’24 35 (253) 156 862 801
’23 (206) (119) 246 949 870
’22 (144) (281) 150 718 443
’21 (36) (206) (15) 741 485
’20 (174) (295) 27 728 286
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (88) (240) — — —
’25 (11) (340) 23 739 411
’24 5 (288) 64 816 598
’23 (249) (150) 202 907 709
’22 (179) (299) 103 671 294
’21 (32) (241) (55) 705 378
’20 (209) (313) (1) 696 173
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.20 (0.06) — — —
’25 (0.12) 0.16 0.88 0.34 1.24
’24 (0.08) 0.17 1.09 0.42 1.58
’23 (0.30) 0.08 0.41 0.42 0.60
’22 0.06 0.18 0.80 0.04 1.10
’21 (0.33) (0.02) 2.29 0.63 2.53
’20 (0.61) (0.31) 0.91 0.37 0.36
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 23.85 12.71 9.09 9.06 6.53 16.85 16.21 15.36 15.87 13.95

Analyst estimates 2026–2028

Powerpack
High 34.76 31.60 18.88 17.27 18.39 23.31 26.99 22.64 20.60 22.07
People
People Employees 32,000 28,000 27,000 24,000 32,100 36,300 33,900 33,000 34,000 31,000
Revenue/emp, $m 0.17 0.17 0.17 0.19 0.14 0.15 0.16 0.16 0.16 0.17
Income, $m
Income, $m Revenue 5,453 4,881 4,515 4,505 4,588 5,458 5,435 5,441 5,380 5,348
Gross margin, % 46.70 37.38 39.84 43.90 48.89 48.13 45.66 47.48 50.82 48.73
EBT 402 (501) (415) (160) 178 471 504 465 623 459
EBT margin, % 7.37 (10.27) (9.19) (3.54) 3.87 8.63 9.28 8.55 11.57 8.59
Net income 313 (1,055) (533) (219) 124 903 394 214 542 398
Depreciation 262 275 272 245 193 232 238 229 246 218
Per share, $
Per share, $ Revenue 15.97 14.21 13.09 13.01 13.21 15.59 15.36 15.39 15.80 16.81
Earnings 0.93 (3.07) (1.54) (0.62) 0.36 2.58 1.11 0.61 1.59 1.25
Cash flow 1.74 (0.08) (0.08) 0.49 0.82 1.39 1.25 2.46 2.35 1.86
Capex (0.77) (0.86) (0.44) (0.29) (0.33) (0.31) (0.42) (0.45) (0.60) (0.57)
Free cash flow 0.97 (0.95) (0.52) 0.20 0.50 1.08 0.83 2.01 1.76 1.29
Book value 7.05 3.63 1.93 1.42 1.76 4.48 5.81 6.08 6.65 7.02
Shares, m 341 344 345 346 347 350 354 354 340 318
Valuation, ×
Valuation, × P/E 30.62 0.00 0.00 0.00 47.16 8.25 15.97 30.77 11.01 15.62
P/S 1.78 1.13 0.76 1.04 1.32 1.38 1.16 1.22 1.12 1.18
P/B 4.04 4.41 5.17 9.54 9.94 4.81 3.08 3.09 2.67 2.83
EV/Sales 2.05 1.55 1.26 1.55 1.78 1.73 1.47 1.43 1.31 1.50
EV/FCF 33.65 (23.24) (31.76) 102.77 47.23 25.04 27.06 10.97 11.80 19.45
Cash, $m
Cash, $m Operating cash flow 595 (28) (27) 168 286 485 443 870 801 593
Capex (262) (297) (152) (101) (113) (108) (148) (160) (203) (182)
Free cash flow 332 (325) (180) 68 173 378 294 709 598 411
Balance, $m
Balance, $m Working capital 1,434 1,476 1,097 971 1,141 1,276 1,541 1,780 1,811 1,673
Total debt 2,326 3,123 2,856 2,921 2,856 2,571 2,326 2,330 2,334 2,332
Net debt 1,457 2,044 2,261 2,291 2,093 1,840 1,564 1,069 946 1,089
Shareholders’ equity 2,408 1,247 667 492 610 1,569 2,056 2,149 2,264 2,233
Returns, %
Returns, % ROA 4.80 (16.58) (9.30) (4.14) 2.28 15.14 6.27 3.40 8.35 6.03
ROIC 8.41 (6.38) (5.00) 0.83 8.66 13.38 11.66 10.91 13.52 10.28
ROE 12.41 (57.71) (55.73) (37.76) 22.43 82.88 21.73 10.19 24.55 17.68
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Mattel, Inc. vs peers in Leisure (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
HAS Hasbro, Inc. $13.9B 17.5× 14.6× +16.19% (above 0%: growing) n/m +871.05% (above 0%: growing) 76.10% 22.16% Compare
LTH Life Time Group Holdings, Inc. $9.1B 21.4× 21.4× +13.73% (above 0%: growing) +39.39% (above 0%: growing) −104.14% (below 0%: shrinking) 47.61% 17.29% Compare
MAT Mattel, Inc. $5.0B 12.5× 8.6× +10.48% (above 0%: growing) n/m +29.42% (above 0%: growing) 48.17% 0.97%
GOLF Acushnet $4.6B 21.8× 24.0× +13.81% (above 0%: growing) +65.87% (above 0%: growing) +68.88% (above 0%: growing) 54.37% 21.54% Compare
PLNT Planet Fitness, Inc. $3.7B 17.3× 17.5× +7.14% (above 0%: growing) +26.09% (above 0%: growing) −35.08% (below 0%: shrinking) 82.34% 33.90% Compare
YETI YETI Holdings, Inc. $3.1B 18.5× 19.1× +8.52% (above 0%: growing) +53.23% (above 0%: growing) −18.84% (below 0%: shrinking) 66.66% 19.33% Compare
CALY Callaway Golf Company $2.5B 28.2× 24.7× +1.97% (above 0%: growing) +281.82% (above 0%: growing) +101.95% (above 0%: growing) 50.10% 18.75% Compare
OSW OneSpaWorld Holdings Limited $2.4B 29.8× 26.8× +8.52% (above 0%: growing) +21.05% (above 0%: growing) +76.52% (above 0%: growing) 17.06% 9.38% Compare
PTON Peloton Interactive, Inc. $2.3B 37.3× 20.9× +0.15% (above 0%: growing) +180.00% (above 0%: growing) −21.00% (below 0%: shrinking) 56.66% 13.38% Compare
Median of peers $3.4B 21.6× 21.2× +8.52% +53.23% +25.02% 55.52% 19.04%

All 32 Leisure stocks →

Mattel, Inc. (MAT) key facts

  • Concern: Mattel, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.3 billion, down 0.59% from fiscal 2024.
  • Mattel, Inc. (MAT) is a Leisure company in the Consumer Cyclical sector, listed on Nasdaq.
  • As of October 16, 2026, MAT traded at $17.20, a market capitalization of $5.0 billion.
  • Return on equity was 17.7% and debt-to-equity 1.17.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 3.08 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Mattel, Inc. (MAT) Latest News

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stockrow.com/MAT · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com