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Mattel, Inc.

Mattel, Inc.

NASDAQ•MAT
CEO: Mr. Ynon Kreiz
Sector: Consumer Cyclical
Industry: Leisure
Listing Date: 1976-06-17
Mattel, Inc., a toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, as well as books, content, gaming, and lifestyle products for children under the Barbie, American Girl, Disney Princess and Disney Frozen, Monster High, and Polly Pocket brands; die-cast vehicles, tracks, playsets, and accessories for kids, adults, and collectors under the Hot Wheels, Hot Wheels Monster Trucks, Hot Wheels Mario Kart, Matchbox, and Cars brand names; and infant, toddler, and preschool products comprising content, toys, live events, and other consumer products under the Fisher-Price, Little People and Imaginext, and Thomas & Friends, and Power wheels brands. The company also provides action figures, building sets, games, and other products under the Masters of the Universe, MEGA, UNO, Jurassic World, Minecraft, WWE, Lightyear, and Star Wars; and licensor partner brands, including Disney Pixar, Microsoft, NBCUniversal, and WWE. It sells its products directly to consumers through its catalog, website, and proprietary retail stores; retailers, including omnichannel retailers, discount and free-standing toy stores, chain stores, department stores, and other retail outlets; and wholesalers, as well as through agents and distributors. Mattel, Inc. was founded in 1945 and is headquartered in El Segundo, California.
Contact Information
333 Continental Boulevard, El Segundo, CA, 90245-5012, United States
310-252-2000
www.mattel.com
Market Cap
$6.20B
P/E (TTM)
14.2
7
Dividend Yield
--
52W High
$22.07
52W Low
$13.95
52W Range
63%
3.7
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$1.74B-5.85%
4-Quarter Trend

EPS

$0.85-22.73%
4-Quarter Trend

FCF

$71.97M+11.87%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Q3 Net Sales Decline Q3 Net Sales totaled $1,736.0M, reflecting a 6% decrease compared to Q3 2024 results, driven by lower gross billings.
Gross Margin Compression Noted Gross Margin compressed to 50.0% from 53.1% due to 120 basis points FX impact and 110 basis points cost inflation.
International Segment Growth International segment sales grew 3% to $757.9M in Q3, partially offsetting North America's 12% sales decrease.
Aggressive Share Repurchases Deployed $412.5M for share repurchases in Q3; $187.5M authorization remains available as of September 30, 2025.

Risk Factors

Profitability Margin Erosion Gross Margin fell 310 basis points to 50.0% due to cost inflation, tariff costs, and higher sales adjustments impacting results.
North America Sales Drop North America segment net sales decreased 12% to $978.1M in Q3, primarily due to lower billings across key product categories.
Restructuring Cost Execution OPG program incurred cumulative severance and restructuring charges of approximately $100M as of September 30, 2025.
Product Liability Litigation Exposure Multiple class action lawsuits pending regarding Fisher-Price Rock 'n Play Sleeper and Snuga Swings products require assessment.

Outlook

IP Growth Strategy Focus Strategy centers on growing IP-driven toy business and expanding entertainment verticals, capturing full IP value outside toy aisle.
OPG Program Cost Savings OPG program targets $200M annual gross cost savings by 2026 completion, benefiting COGS and SG&A expenses.
Debt Maturity Planning Mattel intends to repay or refinance $600.0M of 2021 Senior Notes due in April 2026 prior to scheduled maturity date.
Liquidity Sufficiency Confirmed Expects existing cash, operating cash flows, and Credit Facility sufficient to meet working capital requirements long-term.

Peer Comparison

Revenue (TTM)

Acushnet Holdings Corp.GOLF
$2.08T
+85757.8%
Group 1 Automotive, Inc.GPI
$22.54B
+19.4%
Bath & Body Works, Inc.BBWI
$7.37B
-0.2%

Gross Margin (Latest Quarter)

Wyndham Hotels & Resorts, Inc.WH
92.4%
+30.5 pp
Vail Resorts, Inc.MTN
90.5%
+98.2 pp
Brinker International, Inc.EAT
74.5%
+60.1 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
CHDN$6.90B17.338.1%68.5%
MAT$6.20B14.218.8%30.2%
URBN$5.78B12.319.3%25.1%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
+1.8%
Moderate Growth
4Q Net Income CAGR
+25.5%
Profitability Improved
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Oct 29, 2025|
    Revenue: $1.74B-5.9%
    |
    EPS: $0.85-22.7%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Jul 29, 2025|
    Revenue: $1.02B-5.7%
    |
    EPS: $0.16-5.9%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 6, 2025|
    Revenue: $826.63M+2.1%
    |
    EPS: $-0.12+47.2%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 26, 2025|
    Revenue: $5.38B-1.1%
    |
    EPS: $1.59+160.7%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Oct 30, 2024|
    Revenue: $1.84B-3.9%
    |
    EPS: $1.10+168.3%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Jul 30, 2024|
    Revenue: $1.08B-0.7%
    |
    EPS: $0.17+121.6%
    Meet
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: Apr 30, 2024|
    Revenue: $809.51M-0.6%
    |
    EPS: $-0.08-73.7%
    Beat
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Mar 15, 2024|
    Revenue: $5.44B+0.1%
    |
    EPS: $0.61-45.0%
    Beat