MattelMAT +0.73%68 Debt-to-EBITDA is 6.43 as of Mar. 2026, which is 103% above its 10-year median of 3.16. GuruFocus rates MAT with a GF Score™ of 68/100 and a GF Value™ of $21.81 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 644 Travel & Leisure companies, Mattel ranks worse than 55.9% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Mattel's Debt-to-EBITDA or its related term are showing as below:
MAT'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -25.76 Med: 3.16 Max: 73.34
Current: 3.01
During the past 13 years, the highest Debt-to-EBITDA Ratio of Mattel was 73.34. The lowest was -25.76. And the median was 3.16.
MAT's Debt-to-EBITDA is ranked worse than 55.9% of 644
companies
in the Travel & Leisure industry
Industry Median: 2.605
vs MAT: 3.01
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Mattel Debt-to-EBITDA Related Terms
Mattel Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Mattel's Debt-to-EBITDA 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.
MAT vs PLNT, YETI, GOLF: Debt-to-EBITDA Comparison
For the Leisure subindustry, Mattel's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Mattel's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Mattel's Debt-to-EBITDA falls into.
* 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Mattel (MAT) has a Debt-to-EBITDA of 6.43 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Mattel. This is 103% above median its historical median of 3.16. According to the industry distribution chart, Mattel ranks #360 out of 644 companies in the Travel & Leisure industry, placing it in the top 55.9%.
Is Mattel's Debt-to-EBITDA too high?
Mattel's current Debt-to-EBITDA of 6.43 is 103% above median its 10-year median of 3.16. The Travel & Leisure industry median Debt-to-EBITDA is 2.61. Mattel's value of 6.43 is 146.8% above this industry median. Based on the distribution chart, Mattel ranks #360 out of 644 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Mattel has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mattel's Debt-to-EBITDA compare to PLNT and YETI?
According to the Travel & Leisure industry distribution chart, Mattel ranks #360 out of 644 companies for Debt-to-EBITDA. This places Mattel in the lower half of its industry. The industry median Debt-to-EBITDA is 2.61. Mattel's value of 6.43 is 146.8% above this benchmark. While the company's 10-year median is 3.16 vs. the industry median of 2.61, Mattel has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.61, based on 644 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mattel's current Debt-to-EBITDA of 6.43 is 146.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Mattel. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mattel's current Debt-to-EBITDA is 6.43, which is 103% above median its own 10-year median of 3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mattel stock overvalued right now?
Based on GuruFocus' analysis, Mattel (MAT) is currently considered Significantly Undervalued. The stock's GF Value™ is $21.81, compared to a current price of $13.87 — trading 36.4% below its estimated fair value. The current Debt-to-EBITDA is 6.43, which is 103% above median its 10-year median of 3.16 and 146.8% above the Travel & Leisure industry median of 2.61. Mattel's overall GF Score™ is 68/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Mattel (MAT), the current Debt-to-EBITDA is 6.43 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mattel (MAT) Overvalued in 2026?
Based on GuruFocus' analysis, Mattel stock appears to be undervalued.
The current stock price of $13.87 is trading 36.4% below its estimated GF Value™ of $21.81.
GuruFocus considers Mattel to be Significantly Undervalued.
Key valuation signals for MAT:
Debt-to-EBITDA: 6.43 (103% above median its 10-year median of 3.16)
GF Value™: $21.81 vs. price of $13.87 (36.4% below fair value)
Industry Position: 146.8% above the Travel & Leisure median (#360 of 644)
No single metric tells the full story. See the MAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mattel manufactures and markets toy products that are sold to its wholesale partners and direct to retail customers. 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 were generated from North America in 2025, with the remainder stemming from international markets.
68GF Score
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