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Mattel (Mattel) Gross Margin % : 48.04% (As of Mar. 2024)


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What is Mattel Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mattel's Gross Profit for the three months ended in Mar. 2024 was $389 Mil. Mattel's Revenue for the three months ended in Mar. 2024 was $810 Mil. Therefore, Mattel's Gross Margin % for the quarter that ended in Mar. 2024 was 48.04%.


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

MAT' s Gross Margin % Range Over the Past 10 Years
Min: 37.38   Med: 47.09   Max: 49.82
Current: 48.69


During the past 13 years, the highest Gross Margin % of Mattel was 49.82%. The lowest was 37.38%. And the median was 47.09%.

MAT's Gross Margin % is ranked better than
57.65% of 765 companies
in the Travel & Leisure industry
Industry Median: 43.19 vs MAT: 48.69

Mattel had a gross margin of 48.04% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mattel was 2.80% per year.


Mattel Gross Margin % Historical Data

The historical data trend for Mattel's Gross Margin % 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 Gross Margin % Chart

Mattel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.90 48.89 48.13 45.66 47.48

Mattel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % 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 39.99 45.05 50.97 48.76 48.04

Competitive Comparison of Mattel's Gross Margin %

For the Leisure subindustry, Mattel's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % Distribution in the Travel & Leisure Industry

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

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



Mattel Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Mattel's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=2583.7 / 5441.219
=(Revenue - Cost of Goods Sold) / Revenue
=(5441.219 - 2857.503) / 5441.219
=47.48 %

Mattel's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=388.9 / 809.5
=(Revenue - Cost of Goods Sold) / Revenue
=(809.5 - 420.6) / 809.5
=48.04 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Mattel  (NAS:MAT) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Mattel had a gross margin of 48.04% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Mattel Gross Margin % Related Terms

Thank you for viewing the detailed overview of Mattel's Gross Margin % 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