Mattel vs Yeti
Mattel reported revenue of $5.3 billion in fiscal 2025, 2.9 times Yeti's $1.9 billion in fiscal 2025. Mattel's revenue fell 0.6% in its latest year, and Yeti's grew 2.1%. Mattel had an operating margin of 10.2%, against 11.4% at Yeti. Free cash flow was $483 million at Mattel and $212 million at Yeti. Their fiscal years end in different months (December 31 and January 3), so the periods don't line up exactly.
Side by side
| Mattel | Yeti | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Jan 3, 2026 |
| Revenue | $5.3B | $1.9B |
| Revenue growth | −0.6% | 2.1% |
| Revenue growth a year, last 5 years | 3.1% | 11.3% |
| Gross margin | 48.7% | 57.4% |
| Operating margin | 10.2% | 11.4% |
| Net margin | 7.4% | 8.8% |
| Free cash flow | $483M | $212M |
| Free cash flow margin | 9.0% | 11.3% |
| Return on capital | 13.5% | 32.1% |
| Net debt to EBITDA | 1.5x | −0.4x |
| Dividends and buybacks | $600M | $298M |
| Change in diluted share count | −6.3% | −4.8% |
| Last close | $15.82 | $43.57 |
| P/E at the last close | 11.6× | 21.5× |
| Insider trades, last 12 months | bought $1.0 million, sold $587,027 | sold $442,142 |
| Piotroski F-score | 5 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
MattelYeti
Operating margin
Percent of revenue
MattelYeti
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
MattelYeti