Mattel (MAT) Interest Coverage Ratio (2009 - 2026)
Mattel (MAT) reported Interest Coverage Ratio of 3.3 for Q1 2026, down 82.28% on a YoY basis from 18.64 in Q1 2025, and down 171.84% quarter-over-quarter from 4.6 in Q4 2025.
Mattel (MAT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Mattel has reported Interest Coverage Ratio for 18 years, with the latest figure at 3.3 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 82.28% year-over-year to 3.3; the trailing twelve-month figure through Mar 2026 stood at 4.12 (down 28.18% YoY), and the FY2025 full-year result was 4.6, down 21.23% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 3.3, down from 4.6 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 16.63 in Q3 2024, with the low at 3.7 in Q1 2023.
- Historically, Interest Coverage Ratio has averaged 4.54 across 5 years, with a median of 2.78 in 2024.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 833.29% — and 2023, when it slumped 252.54%.
- Mattel's Interest Coverage Ratio stood at 2.39 in 2022, then surged by 87.43% to 4.47 in 2023, then rose by 20.46% to 5.39 in 2024, then fell by 14.7% to 4.6 in 2025, then sank by 171.84% to 3.3 in 2026.
- The last three Interest Coverage Ratio figures came in at 3.3 (Q1 2026), 4.6 (Q4 2025), and 12.91 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 19,630,355.93 Bn | 19,630,355.28 Bn | 1.17 Bn | -12.90 |
| 2 | Hasbro | 11.86 Bn | 10.53 Bn | 764.10 Mn | 6.47 |
| 3 | Life Time Group Holdings | 7.22 Bn | 7.10 Bn | 382.00 Mn | - |
| 4 | Acushnet Holdings | 5.62 Bn | 5.57 Bn | 355.26 Mn | - |
| 5 | Mattel | 4.31 Bn | 3.44 Bn | 386.78 Mn | -3.30 |
| 6 | Planet Fitness | 4.05 Bn | 3.58 Bn | 291.90 Mn | 2.99 |
| 7 | YETI Holdings | 3.97 Bn | 3.79 Bn | 340.87 Mn | - |
| 8 | Callaway Golf | 2.93 Bn | 2.43 Bn | 326.70 Mn | 23.83 |
| 9 | Onespaworld Holdings | 2.44 Bn | 2.43 Bn | 209.81 Mn | 19.54 |
| 10 | Peloton Interactive | 2.38 Bn | 1.26 Bn | 327.30 Mn | 1.75 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.30 |
| Dec 31, 2025 | 4.60 |
| Sep 30, 2025 | 12.91 |
| Jun 30, 2025 | 2.67 |
| Mar 31, 2025 | -1.81 |
| Dec 31, 2024 | 5.39 |
| Sep 30, 2024 | 16.63 |
| Jun 30, 2024 | 2.78 |
| Mar 31, 2024 | -1.18 |
| Dec 31, 2023 | 4.47 |
| Sep 30, 2023 | 15.43 |
| Jun 30, 2023 | 2.05 |
| Mar 31, 2023 | -3.70 |
| Dec 31, 2022 | 2.39 |
| Sep 30, 2022 | 11.56 |
| Jun 30, 2022 | 3.81 |
| Mar 31, 2022 | 2.42 |
| Dec 31, 2021 | 7.74 |
| Sep 30, 2021 | 7.47 |
| Jun 30, 2021 | 1.29 |