Mattel Inc (MAT)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 6,544,080 | 6,435,820 | 6,177,700 | 6,393,900 | 5,521,100 |
| ROA | 8.28% | 3.33% | 6.38% | 14.12% | 2.24% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $541,817K ÷ $6,544,080K
= 8.28%
Based on the provided data, Mattel Inc's return on assets (ROA) has shown variability over the past five years. In December 2020, the ROA was relatively low at 2.24%, indicating that the company generated 2.24 cents of profit for every dollar of assets it owned.
The ROA significantly increased to 14.12% by December 2021, suggesting a notable improvement in the company's efficiency in generating profits from its assets. This sharp rise could be due to various factors such as cost-cutting measures, increased sales, or better asset utilization.
In the following years, the ROA fluctuated, showcasing a decline to 6.38% in December 2022, a further drop to 3.33% in December 2023, and then a notable rebound to 8.28% by December 2024. These fluctuations indicate that Mattel's profitability and asset efficiency have been subject to changes and possibly external factors impacting the company's operations.
Overall, the varying trend in Mattel Inc's ROA over the analyzed period suggests the company's ability to generate profits from its assets has been inconsistent. Further analysis would be needed to understand the specific drivers behind these fluctuations to assess the company's financial performance more comprehensively.