• Mattel average return on tangible equity for 2024 was 131.57, a 8.44% decline from 2023.
• Mattel average return on tangible equity for 2023 was 121.33, a 19.65% increase from 2022.
• Mattel average return on tangible equity for 2022 was 151.01, a 383.69% decline from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.