Mattel MAT
NASDAQ MAT
$12.61 -0.61 (-4.58%)
As of: Sep 30, 2026 · 1:18 PM EDT

Mattel Inc /De/ (MAT) Operating Margin (2009 - 2026)

Updated

Mattel's Operating Margin was 0.97% in Q2 2026, down 6.74 percentage points from 7.71% a year earlier but up 12.88 percentage points from the prior quarter.

Analysis

Mattel Inc /De/ (MAT) Operating Margin (2009 - 2026) Analysis & Trends

On a trailing twelve-month basis, Mattel's Operating Margin was 7.82% through Jun 30, 2026, down 4.78 percentage points year-over-year; for FY2025, it was 10.22%, down 2.69 percentage points from FY2024.

  • Operating Margin shows a five-year change of +2.05 percentage points (FY2020 to FY2025).
  • In earlier years, Operating Margin was 12.91% in FY2024 (+2.58 pp), 10.32% in FY2023 (-2.11 pp), 12.43% in FY2022 (-0.94 pp) and 13.37% in FY2021 (+5.20 pp).
  • Quarterly Operating Margin has moved between -14.12% (Q1 2023) and 26.48% (Q3 2024) over five years.
  • Compared with a year earlier, Operating Margin has declined for four straight quarters, with an average year-over-year change of -2.22 percentage points over the last eight quarters.
  • The best year-over-year quarter for Operating Margin over five years was Q1 2024 (a gain of 9.73 percentage points); the worst was Q1 2023 (a drop of 21.81 percentage points).
  • Per Business Quant data, MAT's Operating Margin in the three quarters before Q2 2026 was -11.91% (Q1 2026), 7.99% (Q4 2025) and 21.88% (Q3 2025).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.97%
Mar 31, 2026 -11.91%
Dec 31, 2025 7.99%
Sep 30, 2025 21.88%
Jun 30, 2025 7.71%
Mar 31, 2025 -6.41%
Dec 31, 2024 9.61%
Sep 30, 2024 26.48%
Jun 30, 2024 7.71%
Mar 31, 2024 -4.39%
Dec 31, 2023 8.64%
Sep 30, 2023 24.70%
Jun 30, 2023 5.77%
Mar 31, 2023 -14.12%
Dec 31, 2022 5.63%
Sep 30, 2022 22.29%
Jun 30, 2022 10.12%
Mar 31, 2022 7.69%
Dec 31, 2021 14.34%
Sep 30, 2021 22.08%
API Access

Mattel Inc /De/ Operating Margin API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=operating-margin&ticker=MAT&period=max&api_key=YOUR_API_KEY