Mattel Inc (MAT)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 622,504 | 592,184 | 570,603 | 549,692 | 465,400 | 364,900 | 278,500 | 327,000 | 504,300 | 710,500 | 680,700 | 604,600 | 468,000 | 395,500 | 399,700 | 292,400 | 191,100 | 52,200 | -183,900 | -183,400 |
| 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 |
| Pretax margin | 11.57% | 11.06% | 10.51% | 10.11% | 8.55% | 6.99% | 5.50% | 6.28% | 9.28% | 12.19% | 11.67% | 10.75% | 8.57% | 7.48% | 7.75% | 6.01% | 4.17% | 1.18% | -4.30% | -4.16% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $622,504K ÷ $5,379,538K
= 11.57%
The pretax margin of Mattel Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The company experienced negative pretax margins in the first half of 2020, indicating challenges in generating profits before accounting for income taxes. However, the pretax margin improved significantly in the following quarters, reaching positive figures by September 30, 2020.
Subsequently, Mattel Inc demonstrated a consistent upward trend in its pretax margin, achieving double-digit percentages by June 30, 2022. This growth continued until December 31, 2024, with the pretax margin maintaining levels above 10%. The company's ability to sustain and increase its pretax margin over time reflects its improving operational efficiency and profitability.
It is important to note that although there were fluctuations in the pretax margin, overall, the trend showcases an improvement in Mattel Inc's financial performance and operational effectiveness during the analyzed period.