Mattel Inc (MAT)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,734,070 | 2,583,700 | 2,481,400 | 2,626,600 | 2,243,600 |
| Revenue | US$ in thousands | 5,379,550 | 5,441,200 | 5,434,700 | 5,457,700 | 4,583,700 |
| Gross profit margin | 50.82% | 47.48% | 45.66% | 48.13% | 48.95% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,734,070K ÷ $5,379,550K
= 50.82%
The gross profit margin of Mattel Inc has shown some fluctuation over the past five years, ranging from 45.66% to 50.82%. In December 31, 2022, the gross profit margin was at its lowest point at 45.66%, indicating a decrease in profitability. However, the company managed to improve its gross profit margin in the following years, reaching 50.82% by December 31, 2024. This upward trend suggests that Mattel Inc was able to enhance its efficiency in production and cost management, resulting in a higher percentage of revenue retained after accounting for the cost of goods sold. Overall, the company's gross profit margin performance reflects its ability to generate profits from its core business activities despite facing fluctuations in the operating environment.