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Mattel (Mattel) ROE % : -5.42% (As of Mar. 2024)


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What is Mattel ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mattel's annualized net income for the quarter that ended in Mar. 2024 was $-113 Mil. Mattel's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $2,087 Mil. Therefore, Mattel's annualized ROE % for the quarter that ended in Mar. 2024 was -5.42%.

The historical rank and industry rank for Mattel's ROE % or its related term are showing as below:

MAT' s ROE % Range Over the Past 10 Years
Min: -57.71   Med: 12.83   Max: 82.88
Current: 14.47

During the past 13 years, Mattel's highest ROE % was 82.88%. The lowest was -57.71%. And the median was 12.83%.

MAT's ROE % is ranked better than
71.34% of 785 companies
in the Travel & Leisure industry
Industry Median: 5.96 vs MAT: 14.47

Mattel ROE % Historical Data

The historical data trend for Mattel's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mattel ROE % Chart

Mattel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.76 22.43 82.88 21.73 10.19

Mattel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -21.33 5.58 29.28 28.16 -5.42

Competitive Comparison of Mattel's ROE %

For the Leisure subindustry, Mattel's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mattel's ROE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mattel's ROE % distribution charts can be found below:

* The bar in red indicates where Mattel's ROE % falls into.



Mattel ROE % Calculation

Mattel's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=214.352/( (2056.269+2149.213)/ 2 )
=214.352/2102.741
=10.19 %

Mattel's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-113.2/( (2149.213+2025.3)/ 2 )
=-113.2/2087.2565
=-5.42 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Mattel  (NAS:MAT) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-113.2/2087.2565
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-113.2 / 3238)*(3238 / 6250.611)*(6250.611 / 2087.2565)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.5 %*0.518*2.9947
=ROA %*Equity Multiplier
=-1.81 %*2.9947
=-5.42 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-113.2/2087.2565
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-113.2 / -215.6) * (-215.6 / -141.6) * (-141.6 / 3238) * (3238 / 6250.611) * (6250.611 / 2087.2565)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.525 * 1.5226 * -4.37 % * 0.518 * 2.9947
=-5.42 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Mattel ROE % Related Terms

Thank you for viewing the detailed overview of Mattel's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mattel (Mattel) Business Description

Address
333 Continental Boulevard, El Segundo, CA, USA, 90245-5012
Mattel markets toy products that are sold to its wholesale customers and direct to retail consumers. The company offers products for children and families, including toys for infants and preschoolers, girls and boys, youth electronics, hand-held and other games, puzzles, educational toys, media-driven products, and plush and fashion-related toys. Mattel's owned portfolio includes Barbie, Hot Wheels, Fisher-Price, Thomas & Friends, and American Girl. In addition, it currently manufactures toy products for its segments both internally and externally (through manufacturing partners). Nearly 60% of its net sales are generated from North America, with the remainder stemming from international markets.
Executives
Richard Todd Bradley director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Yoon J. Hugh officer: SVP & Corporate Controller C/O MATTEL, INC., 333 CONTINENTAL BOULEVARD, EL SEGUNDO CA 90245
Isaias Zanatta Roberto Jacobo officer: EVP & Chief Supply Chain Offr 333 CONTINENTAL BOULEVARD, TWR 15-1, EL SEGUNDO CA 90245
Steve Totzke officer: President, Chief Comm Officer 333 CONTINENTAL BOULEVARD, TWR 15-1, EL SEGUNDO CA 90245
Amanda J Thompson officer: EVP & Chief People Officer 333 CONTINENTAL BOULEVARD, TRW 15-1, EL SEGUNDO CA 90245
Jonathan Anschell officer: EVP Chief Legal Officer & Sec C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Noreena Hertz director C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Soren T Laursen director 333 CONTINENTAL BOULEVARD, TRW 15-1, EL SEGUNDO CA 90245
Anthony Disilvestro officer: Chief Financial Officer 1 CAMPBELL PLACE, CAMDEN NJ 08103
Richard Dickson officer: Pres & Chief Operating Officer C/O MATTEL, INC., 333 CONTINENTAL BOULEVARD, EL SEGUNDO CA 90245
Diana Sue Ferguson director C/O SARA LEE CORP, 70 W MADISO ST, CHICAGO IL 60602
Michael J Dolan director C/O MATTEL INC, 333 CONTINENTAL BLVD M-1518, EL SEGUNDO CA 90245
Joseph J Euteneuer officer: Chief Financial Officer
Ynon Kreiz director 333 CONTINENTAL BOULEVARD, M1: 1518, EL SEGUNDO CA 90245
Roger Lynch director PANDORA MEDIA, INC., 2101 WEBSTER STREET, SUITE 1650, OAKLAND CA 94612