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Side-by-side financial comparison of MATTEL INC (MAT) and MetLife (MET). Click either name above to swap in a different company.

MATTEL INC is the larger business by last-quarter revenue ($862.2M vs $600.0M, roughly 1.4× MetLife). MetLife runs the higher net margin — 134.8% vs 7.1%, a 127.8% gap on every dollar of revenue. On growth, MetLife posted the faster year-over-year revenue change (7.9% vs 4.3%). Over the past eight quarters, MetLife's revenue compounded faster (2.0% CAGR vs -10.6%).

Mattel Films was the film production division of American toy and entertainment company Mattel that operated from September 6, 2018 to June 2, 2025. It succeeded Mattel Playground Productions, which was formed on October 16, 2013 as part of Mattel Global Brands, a unified media structural and strategy unit, as itself the successor to Mattel Entertainment and Mattel Studios, Mattel's prior entertainment brands/banners.

MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with around 90 million customers in over 60 countries. The firm was founded on March 24, 1868. MetLife ranked No. 43 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

MAT vs MET — Head-to-Head

Bigger by revenue
MAT
MAT
1.4× larger
MAT
$862.2M
$600.0M
MET
Growing faster (revenue YoY)
MET
MET
+3.6% gap
MET
7.9%
4.3%
MAT
Higher net margin
MET
MET
127.8% more per $
MET
134.8%
7.1%
MAT
Faster 2-yr revenue CAGR
MET
MET
Annualised
MET
2.0%
-10.6%
MAT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MAT
MAT
MET
MET
Revenue
$862.2M
$600.0M
Net Profit
$61.0M
$809.0M
Gross Margin
44.9%
Operating Margin
Net Margin
7.1%
134.8%
Revenue YoY
4.3%
7.9%
Net Profit YoY
251.4%
-36.3%
EPS (diluted)
$0.20
$1.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MAT
MAT
MET
MET
Q1 26
$862.2M
Q4 25
$1.8B
$600.0M
Q3 25
$1.7B
$621.0M
Q2 25
$1.0B
$604.0M
Q1 25
$826.6M
$611.0M
Q4 24
$1.6B
$556.0M
Q3 24
$1.8B
$554.0M
Q2 24
$1.1B
$558.0M
Net Profit
MAT
MAT
MET
MET
Q1 26
$61.0M
Q4 25
$106.2M
$809.0M
Q3 25
$278.4M
$896.0M
Q2 25
$53.4M
$729.0M
Q1 25
$-40.3M
$945.0M
Q4 24
$140.9M
$1.3B
Q3 24
$372.4M
$1.3B
Q2 24
$56.9M
$946.0M
Gross Margin
MAT
MAT
MET
MET
Q1 26
44.9%
Q4 25
45.9%
Q3 25
50.0%
Q2 25
50.9%
Q1 25
49.4%
Q4 24
50.7%
Q3 24
53.1%
Q2 24
49.2%
Operating Margin
MAT
MAT
MET
MET
Q1 26
Q4 25
8.0%
Q3 25
21.9%
Q2 25
7.7%
Q1 25
-6.4%
Q4 24
9.6%
Q3 24
26.5%
Q2 24
7.7%
Net Margin
MAT
MAT
MET
MET
Q1 26
7.1%
Q4 25
6.0%
134.8%
Q3 25
16.0%
144.3%
Q2 25
5.2%
120.7%
Q1 25
-4.9%
154.7%
Q4 24
8.6%
228.6%
Q3 24
20.2%
242.2%
Q2 24
5.3%
169.5%
EPS (diluted)
MAT
MAT
MET
MET
Q1 26
$0.20
Q4 25
$0.32
$1.18
Q3 25
$0.88
$1.22
Q2 25
$0.16
$1.03
Q1 25
$-0.12
$1.28
Q4 24
$0.40
$1.75
Q3 24
$1.09
$1.81
Q2 24
$0.17
$1.28

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MAT
MAT
MET
MET
Cash + ST InvestmentsLiquidity on hand
$866.0M
$25.6B
Total DebtLower is stronger
$2.3B
Stockholders' EquityBook value
$2.1B
$28.4B
Total Assets
$6.3B
$745.2B
Debt / EquityLower = less leverage
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAT
MAT
MET
MET
Q1 26
$866.0M
Q4 25
$1.2B
$25.6B
Q3 25
$691.9M
$26.2B
Q2 25
$870.5M
$27.5B
Q1 25
$1.2B
$26.9B
Q4 24
$1.4B
$25.2B
Q3 24
$723.5M
$26.4B
Q2 24
$722.4M
$24.6B
Total Debt
MAT
MAT
MET
MET
Q1 26
$2.3B
Q4 25
$2.3B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.3B
Stockholders' Equity
MAT
MAT
MET
MET
Q1 26
$2.1B
Q4 25
$2.2B
$28.4B
Q3 25
$2.3B
$28.9B
Q2 25
$2.2B
$27.7B
Q1 25
$2.1B
$27.5B
Q4 24
$2.3B
$27.4B
Q3 24
$2.3B
$30.9B
Q2 24
$2.0B
$27.3B
Total Assets
MAT
MAT
MET
MET
Q1 26
$6.3B
Q4 25
$6.6B
$745.2B
Q3 25
$6.6B
$719.7B
Q2 25
$6.2B
$702.5B
Q1 25
$6.2B
$688.3B
Q4 24
$6.5B
$677.5B
Q3 24
$6.5B
$705.0B
Q2 24
$5.9B
$675.7B
Debt / Equity
MAT
MAT
MET
MET
Q1 26
1.11×
Q4 25
1.04×
Q3 25
1.03×
Q2 25
1.08×
Q1 25
1.10×
Q4 24
1.03×
Q3 24
1.01×
Q2 24
1.18×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MAT
MAT
MET
MET
Operating Cash FlowLast quarter
$7.1B
Free Cash FlowOCF − Capex
$-88.1M
FCF MarginFCF / Revenue
-10.2%
Capex IntensityCapex / Revenue
7.6%
Cash ConversionOCF / Net Profit
8.75×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAT
MAT
MET
MET
Q1 26
Q4 25
$796.6M
$7.1B
Q3 25
$72.0M
$3.6B
Q2 25
$-300.1M
$2.2B
Q1 25
$24.8M
$4.3B
Q4 24
$862.1M
$4.6B
Q3 24
$155.8M
$4.2B
Q2 24
$-252.9M
$3.5B
Free Cash Flow
MAT
MAT
MET
MET
Q1 26
$-88.1M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
MAT
MAT
MET
MET
Q1 26
-10.2%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
MAT
MAT
MET
MET
Q1 26
7.6%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
MAT
MAT
MET
MET
Q1 26
Q4 25
7.50×
8.75×
Q3 25
0.26×
3.98×
Q2 25
-5.62×
3.00×
Q1 25
4.51×
Q4 24
6.12×
3.63×
Q3 24
0.42×
3.11×
Q2 24
-4.45×
3.69×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MAT
MAT

Segment breakdown not available.

MET
MET

Other$165.0M28%
Prepaidlegalplansandadministrativeonlycontracts$158.0M26%
Vision Fee For Service Arrangements$140.0M23%
Administrative Service$76.0M13%
Distribution Service$36.0M6%
Feebasedinvestmentmanagementservices$25.0M4%

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