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

MATTEL INC is the larger business by last-quarter revenue ($862.2M vs $762.2M, roughly 1.1× SPIRE INC). SPIRE INC runs the higher net margin — 12.5% vs 7.1%, a 5.4% gap on every dollar of revenue. On growth, SPIRE INC posted the faster year-over-year revenue change (13.9% vs 4.3%). MATTEL INC produced more free cash flow last quarter ($-88.1M vs $-121.8M). Over the past eight quarters, MATTEL INC's revenue compounded faster (-10.6% CAGR vs -17.8%).

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.

Spire Inc. is a regional public utility holding company based in St. Louis, Missouri, providing natural gas service through its regulated core utility operations while engaging in non-regulated activities that provide business opportunities. Its primary subsidiary Laclede Gas Company is the largest natural gas distribution utility in Missouri, serving approximately 631,000 residential, commercial and industrial customers in the City of St. Louis and ten counties in eastern Missouri. Its corpo...

MAT vs SR — Head-to-Head

Bigger by revenue
MAT
MAT
1.1× larger
MAT
$862.2M
$762.2M
SR
Growing faster (revenue YoY)
SR
SR
+9.6% gap
SR
13.9%
4.3%
MAT
Higher net margin
SR
SR
5.4% more per $
SR
12.5%
7.1%
MAT
More free cash flow
MAT
MAT
$33.7M more FCF
MAT
$-88.1M
$-121.8M
SR
Faster 2-yr revenue CAGR
MAT
MAT
Annualised
MAT
-10.6%
-17.8%
SR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
MAT
MAT
SR
SR
Revenue
$862.2M
$762.2M
Net Profit
$61.0M
$95.0M
Gross Margin
44.9%
55.1%
Operating Margin
22.8%
Net Margin
7.1%
12.5%
Revenue YoY
4.3%
13.9%
Net Profit YoY
251.4%
16.9%
EPS (diluted)
$0.20
$1.54

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
SR
SR
Q1 26
$862.2M
Q4 25
$1.8B
$762.2M
Q3 25
$1.7B
$334.1M
Q2 25
$1.0B
$421.9M
Q1 25
$826.6M
$1.1B
Q4 24
$1.6B
$669.1M
Q3 24
$1.8B
$293.8M
Q2 24
$1.1B
$414.1M
Net Profit
MAT
MAT
SR
SR
Q1 26
$61.0M
Q4 25
$106.2M
$95.0M
Q3 25
$278.4M
$-39.8M
Q2 25
$53.4M
$20.9M
Q1 25
$-40.3M
$209.3M
Q4 24
$140.9M
$81.3M
Q3 24
$372.4M
$-25.9M
Q2 24
$56.9M
$-12.6M
Gross Margin
MAT
MAT
SR
SR
Q1 26
44.9%
Q4 25
45.9%
55.1%
Q3 25
50.0%
Q2 25
50.9%
Q1 25
49.4%
Q4 24
50.7%
55.6%
Q3 24
53.1%
Q2 24
49.2%
Operating Margin
MAT
MAT
SR
SR
Q1 26
Q4 25
8.0%
22.8%
Q3 25
21.9%
-0.1%
Q2 25
7.7%
16.4%
Q1 25
-6.4%
29.1%
Q4 24
9.6%
22.2%
Q3 24
26.5%
6.7%
Q2 24
7.7%
7.4%
Net Margin
MAT
MAT
SR
SR
Q1 26
7.1%
Q4 25
6.0%
12.5%
Q3 25
16.0%
-11.9%
Q2 25
5.2%
5.0%
Q1 25
-4.9%
19.9%
Q4 24
8.6%
12.2%
Q3 24
20.2%
-8.8%
Q2 24
5.3%
-3.0%
EPS (diluted)
MAT
MAT
SR
SR
Q1 26
$0.20
Q4 25
$0.32
$1.54
Q3 25
$0.88
$-0.77
Q2 25
$0.16
$0.29
Q1 25
$-0.12
$3.51
Q4 24
$0.40
$1.34
Q3 24
$1.09
$-0.63
Q2 24
$0.17
$-0.28

Balance Sheet & Financial Strength

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

Metric
MAT
MAT
SR
SR
Cash + ST InvestmentsLiquidity on hand
$866.0M
$4.1M
Total DebtLower is stronger
$2.3B
Stockholders' EquityBook value
$2.1B
$3.4B
Total Assets
$6.3B
$11.9B
Debt / EquityLower = less leverage
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAT
MAT
SR
SR
Q1 26
$866.0M
Q4 25
$1.2B
$4.1M
Q3 25
$691.9M
$5.7M
Q2 25
$870.5M
$13.1M
Q1 25
$1.2B
$15.2M
Q4 24
$1.4B
$11.5M
Q3 24
$723.5M
$4.5M
Q2 24
$722.4M
$7.4M
Total Debt
MAT
MAT
SR
SR
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
SR
SR
Q1 26
$2.1B
Q4 25
$2.2B
$3.4B
Q3 25
$2.3B
$3.4B
Q2 25
$2.2B
$3.5B
Q1 25
$2.1B
$3.5B
Q4 24
$2.3B
$3.3B
Q3 24
$2.3B
$3.2B
Q2 24
$2.0B
$3.3B
Total Assets
MAT
MAT
SR
SR
Q1 26
$6.3B
Q4 25
$6.6B
$11.9B
Q3 25
$6.6B
$11.6B
Q2 25
$6.2B
$11.4B
Q1 25
$6.2B
$11.3B
Q4 24
$6.5B
$11.3B
Q3 24
$6.5B
$10.9B
Q2 24
$5.9B
$10.7B
Debt / Equity
MAT
MAT
SR
SR
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
SR
SR
Operating Cash FlowLast quarter
$81.0M
Free Cash FlowOCF − Capex
$-88.1M
$-121.8M
FCF MarginFCF / Revenue
-10.2%
-16.0%
Capex IntensityCapex / Revenue
7.6%
26.6%
Cash ConversionOCF / Net Profit
0.85×
TTM Free Cash FlowTrailing 4 quarters
$-286.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAT
MAT
SR
SR
Q1 26
Q4 25
$796.6M
$81.0M
Q3 25
$72.0M
$-4.9M
Q2 25
$-300.1M
$129.1M
Q1 25
$24.8M
$372.7M
Q4 24
$862.1M
$81.1M
Q3 24
$155.8M
$82.9M
Q2 24
$-252.9M
$270.1M
Free Cash Flow
MAT
MAT
SR
SR
Q1 26
$-88.1M
Q4 25
$-121.8M
Q3 25
$-227.6M
Q2 25
$-91.4M
Q1 25
$154.1M
Q4 24
$-179.5M
Q3 24
$-146.9M
Q2 24
$47.9M
FCF Margin
MAT
MAT
SR
SR
Q1 26
-10.2%
Q4 25
-16.0%
Q3 25
-68.1%
Q2 25
-21.7%
Q1 25
14.7%
Q4 24
-26.8%
Q3 24
-50.0%
Q2 24
11.6%
Capex Intensity
MAT
MAT
SR
SR
Q1 26
7.6%
Q4 25
26.6%
Q3 25
66.7%
Q2 25
52.3%
Q1 25
20.8%
Q4 24
38.9%
Q3 24
78.2%
Q2 24
53.7%
Cash Conversion
MAT
MAT
SR
SR
Q1 26
Q4 25
7.50×
0.85×
Q3 25
0.26×
Q2 25
-5.62×
6.18×
Q1 25
1.78×
Q4 24
6.12×
1.00×
Q3 24
0.42×
Q2 24
-4.45×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAT
MAT

Segment breakdown not available.

SR
SR

Residential$474.9M62%
Commercial And Industrial$148.4M19%
Gas Marketing$41.1M5%
Midstream$39.0M5%
Transportation$37.1M5%
Offsystem And Other Inventive$19.7M3%
Other Customer Revenue$4.6M1%

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