Mattel Inc (MAT)
Return on assets (ROA)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 541,817 | 548,273 | 322,216 | 292,543 | 209,624 | 71,406 | 214,987 | 254,200 | 380,600 | 597,300 | 1,120,000 | 1,048,100 | 917,700 | 822,400 | 325,800 | 222,100 | 126,600 | -3,700 | -249,100 | -247,900 |
Total assets | US$ in thousands | 6,544,080 | 6,513,730 | 5,905,820 | 6,065,370 | 6,435,820 | 6,244,600 | 5,897,800 | 5,831,700 | 6,177,700 | 6,468,200 | 6,167,700 | 6,147,400 | 6,393,900 | 6,194,600 | 5,241,100 | 5,102,300 | 5,521,100 | 5,604,100 | 4,992,700 | 4,804,400 |
ROA | 8.28% | 8.42% | 5.46% | 4.82% | 3.26% | 1.14% | 3.65% | 4.36% | 6.16% | 9.23% | 18.16% | 17.05% | 14.35% | 13.28% | 6.22% | 4.35% | 2.29% | -0.07% | -4.99% | -5.16% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $541,817K ÷ $6,544,080K
= 8.28%
The return on assets (ROA) of Mattel Inc has shown fluctuations over the periods analyzed.
From March 31, 2020, to December 31, 2021, the ROA was negative, indicating that the company was not effectively generating profits from its assets during that time. However, starting from March 31, 2022, the ROA turned positive and showed a steady increase, reaching a peak of 18.16% on June 30, 2022. This significant improvement suggests that the company's assets were being utilized more efficiently to generate earnings.
Subsequently, the ROA experienced some fluctuations between September 30, 2022, and December 31, 2024, ranging from 1.14% to 8.42%. Overall, the positive trend in the ROA from 2022 indicates that Mattel Inc's management was able to enhance asset utilization and generate better returns for its shareholders.
It is crucial for investors and stakeholders to monitor the ROA as it provides insights into how effectively the company is using its assets to generate profits. A consistently improving ROA indicates efficient asset management and can be a positive indicator of financial health and sustainability for Mattel Inc.