MAT Consumer Cyclical

Mattel, Inc.

$15.29-1.55%

Price as of close on Nov 3, 2026 · Financials updated Oct 9, 2026

Basics

Sector: Consumer Cyclical
Industry: Leisure
Country: United States
Market cap: 4.4B USD
Enterprise value: 6.7B USD
Full-time employees: 31,000

Overall health

Strength: its shares are priced lower than most peers relative to what it earnspriced lower than peers for its earnings
Drawback: growing more slowly than most peersgrowing more slowly than peers
Drawback: more debt relative to equity (1.17× vs a peer median of 0.46×)more debt vs equity (1.17× vs peers 0.46×)
About average: risk (debt, liquidity and share-price swings)risk

Ranks #705 of 1,502 consumer cyclical companies (top 47%)

See how it ranks against its peers

Worth knowing

Profit is backed by cash. Free cash flow is 102% of reported profit.
Mattel's free cash flow is 102% of its reported profit, so its earnings are turning into cash it can reinvest, pay out or use to reduce debt.

StockQuotient Score

53/ 100

Oct 5 53 → Nov 4 53

Valuation

Is the price right?

69/100

Moderate▲ 1 since Oct 27 close

3/3 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why it changed since the Oct 27, 2026 close: Score 68 → 69

Peer companies moved+1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Stronger than most peers on:

▲ Earnings yield
▲ FCF yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield9.8%

SEC filings · 12 months to Jun 2026Reported value30% base weight · Z-score 1.64Sector median: 0.0439 · MAD: 0.0329

EBITDA yield9.7%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score 0.21Sector median: 0.0877 · MAD: 0.0461

Free cash flow yield9.9%

Yahoo Finance fallback · SEC cash flow or share count unavailable · trailing 12 months · operating cash flow − capital spendingReported value20% base weight · Z-score 0.70Sector median: 0.0614 · MAD: 0.0545

Other data (not scored)

Book yield45.7%

SEC filings · latest balance sheetReported valueInformational · 0% composite weightSector median: 0.5650 · MAD: 0.3500

Growth

Is it growing?

40/100

Moderate

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Held back by:

▼ EPS growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growth-8.4%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.50Sector median: 0.0420 · MAD: 0.2537

3-year revenue growth2.8%

SEC filings · 3 years to Jun 2026Reported value33% base weight · Z-score -0.23Sector median: 0.0425 · MAD: 0.0636

Revenue growth2.9%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.13Sector median: 0.0373 · MAD: 0.0653

Profitability

Does it earn well?

64/100

Moderate

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Stronger than most peers on:

▲ ROA

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin7.8%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 0.31Sector median: 0.0638 · MAD: 0.0461

Return on assets6.7%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 1.34Sector median: 0.0331 · MAD: 0.0254

Return on invested capital8.9%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 0.26Sector median: 0.0733 · MAD: 0.0600

Other data (not scored)

Gross margin47.5%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.3025 · MAD: 0.1399

Return on equity21.4%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0746 · MAD: 0.0674

Risk

Debt, liquidity, price swings

Moderate

Moderate relative risk

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Mixed versus peers:

▲ Current ratio
▼ Debt / equity

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta0.70

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -0.23Sector median: 0.6345 · MAD: 0.2980

Current ratio1.90×

SEC filings · latest balance sheetReported value33% base weight · Z-score 0.76Sector median: 1.4800 · MAD: 0.5570

Debt / equity1.17×

SEC filings · latest balance sheetReported value33% base weight · Z-score -1.98Sector median: 0.4646 · MAD: 0.3556

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Mattel

Is Mattel getting weaker?: Its latest SEC filing (Aug 6, 2026) showed no major changes. Its overall score is unchanged at 53/100 since Oct 28, 2026.
How is Mattel valued vs its peers?: Priced lower than most peers relative to what it earns. Valuation scores 69/100 against 1,612 consumer cyclical peers. Earnings yield 9.8% vs a peer median of 4.4% (stronger than 86% of peers).Earnings yield 9.8% vs peers 4.4% (stronger than 86% of peers).
Is Mattel growing?: At about the same pace as its peers. Growth scores 40/100 against 1,612 consumer cyclical peers. Earnings per share growth -8.4% vs a peer median of 4.2% (weaker than 62% of peers).Earnings per share growth -8.4% vs peers 4.2% (weaker than 62% of peers).
How profitable is Mattel?: More profitable than most of its peers. Profitability scores 64/100 against 1,612 consumer cyclical peers. Return on assets 6.7% vs a peer median of 3.3% (stronger than 80% of peers).Return on assets 6.7% vs peers 3.3% (stronger than 80% of peers).
How risky is Mattel?: Moderate risk relative to 1,612 consumer cyclical peers, judged on debt, liquidity and share-price swings. Current ratio 1.90× vs a peer median of 1.48× (stronger than 67% of peers).Current ratio 1.90× vs peers 1.48× (stronger than 67% of peers). Debt / equity 1.17× vs a peer median of 0.46× (weaker than 76% of peers).Debt / equity 1.17× vs peers 0.46× (weaker than 76% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Aug 6, 2026 · compared with the quarter ended Mar 31, 2026

No major changes

	Previous quarter	Latest quarter	Change
Revenue (12 months)	5.4B USD	5.5B USD	+2.0%
Net income (12 months)	499.3M USD	427.8M USD	−14.3%
Operating margin	9.2%	7.8%	−1.4 pts
Debt	2.3B USD	2.3B USD	+0.0%
Cash	866.0M USD	523.9M USD	−39.5%
Shares outstanding	290.6M	285.7M	−1.7%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Sector: Consumer Cyclical · 182 companies

Valuations in Consumer Cyclical are within their usual range since 2016.

36% of months since 2016 were valued lower than now.
15% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +0% and earnings +10% (medians): prices and earnings moved broadly together.
Median price-to-sales is −55% vs the whole market, against a usual −41%.

2016Shaded: most expensive fifth of its range2026

Shown for Consumer Cyclical: too few Leisure companies have a long enough history of their own.

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Gross margin	48.1%	45.7%	47.5%	50.8%	48.7%	▼ 2.1 pts
Operating margin	13.4%	12.4%	10.3%	12.9%	10.2%	▼ 2.7 pts
Net margin	16.5%	7.2%	3.9%	10.1%	7.4%	▼ 2.6 pts
Return on assets (ROA)	14.1%	6.4%	3.3%	8.3%	6.0%	▼ 2.3 pts
Return on equity (ROE)	57.6%	19.2%	10.0%	23.9%	17.8%	▼ 6.1 pts
Current ratio	1.80×	2.30×	2.33×	2.38×	2.15×	▼ 9.7%
Quick ratio	1.31×	1.54×	1.90×	2.00×	1.76×	▼ 12%
Debt to equity	1.64×	1.13×	1.08×	1.03×	1.04×	▲ 1.3%
Interest coverage	2.87×	5.09×	4.54×	5.85×	4.60×	▼ 21%

MAT price history

Price history is added with the daily price update and will appear after the next one.

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Bringing the fundamentals into focus…

Overall health

Strength: its shares are priced lower than most peers relative to what it earnspriced lower than peers for its earnings

Drawback: growing more slowly than most peersgrowing more slowly than peers

Drawback: more debt relative to equity (1.17× vs a peer median of 0.46×)more debt vs equity (1.17× vs peers 0.46×)

About average: risk (debt, liquidity and share-price swings)risk

Ranks #705 of 1,502 consumer cyclical companies (top 47%)

See how it ranks against its peers

Questions investors ask about Mattel

Is Mattel getting weaker?

Its latest SEC filing (Aug 6, 2026) showed no major changes. Its overall score is unchanged at 53/100 since Oct 28, 2026.

How is Mattel valued vs its peers?

Priced lower than most peers relative to what it earns. Valuation scores 69/100 against 1,612 consumer cyclical peers. Earnings yield 9.8% vs a peer median of 4.4% (stronger than 86% of peers).Earnings yield 9.8% vs peers 4.4% (stronger than 86% of peers).

Is Mattel growing?

At about the same pace as its peers. Growth scores 40/100 against 1,612 consumer cyclical peers. Earnings per share growth -8.4% vs a peer median of 4.2% (weaker than 62% of peers).Earnings per share growth -8.4% vs peers 4.2% (weaker than 62% of peers).

How profitable is Mattel?

More profitable than most of its peers. Profitability scores 64/100 against 1,612 consumer cyclical peers. Return on assets 6.7% vs a peer median of 3.3% (stronger than 80% of peers).Return on assets 6.7% vs peers 3.3% (stronger than 80% of peers).

How risky is Mattel?

Moderate risk relative to 1,612 consumer cyclical peers, judged on debt, liquidity and share-price swings. Current ratio 1.90× vs a peer median of 1.48× (stronger than 67% of peers).Current ratio 1.90× vs peers 1.48× (stronger than 67% of peers). Debt / equity 1.17× vs a peer median of 0.46× (weaker than 76% of peers).Debt / equity 1.17× vs peers 0.46× (weaker than 76% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

5.4B USD

5.5B USD

+2.0%

Net income (12 months)

499.3M USD

427.8M USD

−14.3%

Operating margin

9.2%

7.8%

−1.4 pts

Debt

2.3B USD

2.3B USD

+0.0%

Cash

866.0M USD

523.9M USD

−39.5%

Shares outstanding

290.6M

285.7M

−1.7%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Gross margin

48.1%

45.7%

47.5%

50.8%

48.7%

▼ 2.1 pts

Operating margin

13.4%

12.4%

10.3%

12.9%

10.2%

▼ 2.7 pts

Net margin

16.5%

7.2%

3.9%

10.1%

7.4%

▼ 2.6 pts

Return on assets (ROA)

14.1%

6.4%

3.3%

8.3%

6.0%

▼ 2.3 pts

Return on equity (ROE)

57.6%

19.2%

10.0%

23.9%

17.8%

▼ 6.1 pts

Current ratio

1.80×

2.30×

2.33×

2.38×

2.15×

▼ 9.7%

Quick ratio

1.31×

1.54×

1.90×

2.00×

1.76×

▼ 12%

Debt to equity

1.64×

1.13×

1.08×

1.03×

1.04×

▲ 1.3%

Interest coverage

2.87×

5.09×

4.54×

5.85×

4.60×

▼ 21%