Mattel Inc (MAT)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 561,659 | 675,515 | 729,562 | 374,736 | 37,102 |
| Revenue | US$ in thousands | 5,304,060 | 5,229,410 | 5,085,750 | 4,366,490 | 4,303,160 |
| Operating profit margin | 10.59% | 12.92% | 14.35% | 8.58% | 0.86% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $561,659K ÷ $5,304,060K
= 10.59%
The operating profit margin of Mattel Inc has shown fluctuating trends over the past five years. In 2023, the operating profit margin stood at 10.59%, a decrease from the previous year's margin of 12.92%. Despite this decrease, the company's performance in 2023 was stronger compared to 2020 and 2019 when the operating profit margins were 8.58% and 0.86% respectively. The highest operating profit margin was recorded in 2021 at 14.35%, indicating a peak in profitability during that year. Overall, while there have been fluctuations in operating profit margins, Mattel Inc has generally managed to maintain positive margins, suggesting a reasonable level of operational efficiency and profitability.