Mattel (MAT) Return on Invested Capital [ROIC] (2009 - 2026)
Mattel (MAT) recorded Return on Invested Capital [ROIC] of 10.01% in Q3 2026, down 0.25 percentage points from 10.26% a year earlier but up 1.68 percentage points from the prior quarter.
Mattel (MAT) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Mattel reported Return on Invested Capital [ROIC] of 9.60%, down 3.10 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of +2.66 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 12.70% in FY2024 (+7.36 pp), 5.34% in FY2023 (-6.25 pp), 11.58% in FY2022 (-7.60 pp) and 19.18% in FY2021 (+12.25 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from 1.99% in Q3 2023 to 20.05% in Q2 2022 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for five consecutive quarters, with an average year-over-year change of +0.41 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 11.48 percentage points in Q4 2021, against a drop of 13.89 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.33% (Q2 2026), 9.31% (Q1 2026) and 9.60% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Hasbro | 16.86 Bn | 11.84 Bn | 1.21 Bn | 24.26% |
| 2 | Amer Sports | 16.70 Bn | 14.31 Bn | 1.07 Bn | 9.69% |
| 3 | Acushnet Holdings | 4.75 Bn | 4.47 Bn | 321.99 Mn | 15.37% |
| 4 | Mattel | 4.32 Bn | 1.14 Bn | 989.60 Mn | 10.01% |
| 5 | Callaway Golf | 2.99 Bn | 879.46 Mn | 226.70 Mn | 7.10% |
| 6 | YETI Holdings | 2.87 Bn | 2.42 Bn | 293.79 Mn | 29.99% |
| 7 | King Resources Global | 2.61 Bn | 2.61 Bn | 7,651.00 | - |
| 8 | Peloton Interactive | 2.54 Bn | -2.31 Bn | 342.60 Mn | 26.62% |
| 9 | Sturm Ruger | 807.22 Mn | 390.67 Mn | 30.52 Mn | - |
| 10 | Smith & Wesson Brands | 702.64 Mn | 614.90 Mn | 32.27 Mn | 6.64% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.01% |
| Jun 30, 2026 | 8.33% |
| Mar 31, 2026 | 9.31% |
| Dec 31, 2025 | 9.60% |
| Sep 30, 2025 | 10.26% |
| Jun 30, 2025 | 12.41% |
| Mar 31, 2025 | 12.54% |
| Dec 31, 2024 | 12.47% |
| Sep 30, 2024 | 13.38% |
| Jun 30, 2024 | 8.04% |
| Mar 31, 2024 | 7.24% |
| Dec 31, 2023 | 5.35% |
| Sep 30, 2023 | 1.99% |
| Jun 30, 2023 | 7.22% |
| Mar 31, 2023 | 8.23% |
| Dec 31, 2022 | 11.06% |
| Sep 30, 2022 | 15.88% |
| Jun 30, 2022 | 20.05% |
| Mar 31, 2022 | 18.63% |
| Dec 31, 2021 | 17.90% |
Mattel Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=MAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "MAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=MAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();