Mattel Inc (MAT)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 541,817 | 214,400 | 393,913 | 902,987 | 123,579 |
| Revenue | US$ in thousands | 5,379,550 | 5,441,200 | 5,434,700 | 5,457,700 | 4,583,700 |
| Net profit margin | 10.07% | 3.94% | 7.25% | 16.55% | 2.70% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $541,817K ÷ $5,379,550K
= 10.07%
Based on the data provided, Mattel Inc's net profit margin has fluctuated over the years. In December 2020, the net profit margin was 2.70%, indicating that for every dollar of revenue generated, the company retained $0.027 as net profit.
There was a significant improvement in profitability by December 2021, with the net profit margin increasing to 16.55%. This substantial increase suggests that the company's cost management and revenue generation strategies were successful in that year.
However, in December 2022, the net profit margin dropped to 7.25%, indicating a decrease in profitability compared to the previous year. This decline could be attributed to various factors such as increased costs, lower sales, or other operational challenges.
By December 2023, the net profit margin further decreased to 3.94%, signaling continued challenges in maintaining profitability. It's important for the company to analyze the reasons behind this reduction and take corrective actions to improve profitability.
In December 2024, there was a recovery in the net profit margin, which rose to 10.07%. This improvement suggests that the company may have implemented strategies to enhance profitability, possibly through cost-cutting measures or increased sales.
Overall, Mattel Inc's net profit margin has shown fluctuations over the years, highlighting the importance of consistent monitoring and management of operational efficiency and financial performance.