# MATTEL INC /DE/ (MAT) · Edgar & Edgarette company card

> Mattel (MAT) saw revenue fall 0.6% in FY2025 to $5.3 billion, operating margin 10.2% against a 0.2% median for dolls & stuffed toys, equity 33.6% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 63276 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/MAT) · [JSON](https://www.pops4.com/boards/company/MAT.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $5.3B |
| Revenue growth, 1 year | -0.6% |
| Revenue growth per year | -0.5% |
| Operating margin | 10.2% (prior year 12.9%) |
| Net margin | 7.4% |
| Operating cash flow | $593M |
| Capital spending | — |
| Free cash flow | — |
| Cash | $1.2B |
| Long-term debt | $2.3B |
| Total assets | $6.6B |
| Total equity | $2.2B |
| Equity ÷ assets | 33.6% |
| Return on equity | 17.8% |
| Dividend per share | $0 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 4.7 (safe zone)
- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $5.3B (FY2025), total debt $2.3B. Experience: revenue down 0.6% on the year, down 0.5% a year over 4 years; operating margin 10.2%, down from 12.9%. Soundness: equity 33.6% of assets, return on equity 17.8%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $4.8B and $5.6B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $4.5B to $6.0B. A statistical range, not company guidance. Against peers (13 filers, $50M+ revenue, its industry group): operating margin 10.2% against a 0.2% median; growth -0.6% against -4.5%.

Range logged 2026-09-30, receipt f4d741dcbf2311f6, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 8, latest 2026-11-05 ([filing](https://www.sec.gov/Archives/edgar/data/63276/000006327626000014/0000063276-26-000014-index.htm))

## Recent filings

- 10-Q · filed 2026-11-06 · [filing](https://www.sec.gov/Archives/edgar/data/63276/000162828026071218/0001628280-26-071218-index.htm)
- 8-K · filed 2026-11-05 · 2.02 Results of Operations and Financial Condition; 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/63276/000006327626000014/0000063276-26-000014-index.htm)
- 8-K · filed 2026-10-22 · 1.01 Entry into a Material Definitive Agreement; 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/63276/000119312526428038/0001193125-26-428038-index.htm)
- 8-K · filed 2026-10-19 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/63276/000119312526424696/0001193125-26-424696-index.htm)
- 8-K · filed 2026-10-14 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/63276/000119312526421751/0001193125-26-421751-index.htm)
- 8-K · filed 2026-09-30 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/63276/000119312526408403/0001193125-26-408403-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000063276.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=63276

## Cite

POPS4, Edgar & Edgarette: MATTEL INC /DE/ (MAT) company card, from the company's own SEC filings, accessed 2026-11-15, https://www.pops4.com/boards/company/MAT. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.