Mattel Inc (MAT)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 735,019 | 723,667 | 674,790 | 649,588 | 568,600 | 423,775 | 341,275 | 352,893 | 494,780 | 750,205 | 747,905 | 722,587 | 726,700 | 661,900 | 657,000 | 561,800 | 381,000 | 255,900 | 21,800 | 16,500 |
| Revenue (ttm) | US$ in thousands | 5,379,538 | 5,353,838 | 5,428,738 | 5,436,208 | 5,441,300 | 5,222,500 | 5,059,500 | 5,208,000 | 5,434,700 | 5,827,700 | 5,834,200 | 5,624,900 | 5,457,800 | 5,288,700 | 5,158,100 | 4,863,800 | 4,583,700 | 4,431,600 | 4,281,500 | 4,409,500 |
| Operating profit margin | 13.66% | 13.52% | 12.43% | 11.95% | 10.45% | 8.11% | 6.75% | 6.78% | 9.10% | 12.87% | 12.82% | 12.85% | 13.31% | 12.52% | 12.74% | 11.55% | 8.31% | 5.77% | 0.51% | 0.37% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $735,019K ÷ $5,379,538K
= 13.66%
The operating profit margin of Mattel Inc has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024. Starting at a low of 0.37% in March 2020, the margin gradually improved, reaching its highest point at 13.66% in December 2024.
There were significant fluctuations in the operating profit margin during this period, with notable increases recorded in the latter half of 2020 and throughout 2021. The margin peaked at 13.66% in December 2024, indicating the company's ability to generate a higher percentage of profits from its operations relative to its sales.
However, there were also periods of decline, such as in the first half of 2023 when the margin dropped below 7%. Despite these fluctuations, the overall trend seems to be positive, with the operating profit margin trending upwards towards the end of the period.
The increasing trend in the operating profit margin suggests that Mattel Inc has been able to control its operating expenses effectively and improve its operational efficiency over time. This improvement in profitability could be attributed to various strategic initiatives undertaken by the company to enhance operational performance and optimize cost structures.