Mattel Inc (MAT)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 622,505 | 465,400 | 504,300 | 470,800 | 183,800 |
| Revenue | US$ in thousands | 5,379,550 | 5,441,200 | 5,434,700 | 5,457,700 | 4,583,700 |
| Pretax margin | 11.57% | 8.55% | 9.28% | 8.63% | 4.01% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $622,505K ÷ $5,379,550K
= 11.57%
The pretax margin of Mattel Inc has shown a positive trend over the past five years. Starting at 4.01% as of December 31, 2020, the company's pretax margin steadily increased to 8.63% in 2021, further improving to 9.28% in 2022. Although there was a slight dip to 8.55% in 2023, Mattel Inc bounced back strongly in 2024 with a notable pretax margin of 11.57%. This indicates that the company has been effectively managing its operating expenses and generating higher revenues relative to its pre-tax earnings, ultimately leading to improved profitability.