MAT vs. HAS

Last updated Jun 4, 2026

MAT (Mattel, Inc.) and HAS (Hasbro, Inc.) are both stocks. Both operate in the Leisure industry within the Consumer Cyclical sector. Over the past 10 years, MAT returned -7.01%/yr vs 3.22%/yr for HAS. At a 0.43 correlation, their price movements are largely independent.

Performance

MAT vs. HAS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mattel, Inc. (MAT) and Hasbro, Inc. (HAS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MAT achieves a -27.72% return, which is significantly lower than HAS's 4.15% return. Over the past 10 years, MAT has underperformed HAS with an annualized return of -7.01%, while HAS has yielded a comparatively higher 3.22% annualized return.

MAT

• 1D: -0.21%
• 1M: -3.43%
• YTD: -27.72%
• 6M: -32.45%
• 1Y: -23.48%
• 3Y*: -7.43%
• 5Y*: -7.06%
• 10Y*: -7.01%

HAS

• 1D: 0.30%
• 1M: -9.74%
• YTD: 4.15%
• 6M: 3.56%
• 1Y: 32.40%
• 3Y*: 16.79%
• 5Y*: 1.54%
• 10Y*: 3.22%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MAT vs. HAS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MAT Mattel, Inc.	-27.72%	11.90%	-6.09%	5.83%	-17.25%	23.55%	28.78%	35.64%	-35.05%	-41.86%
HAS Hasbro, Inc.	4.15%	52.52%	14.76%	-11.95%	-37.93%	11.90%	-8.42%	33.41%	-8.20%	19.58%

Correlation

The correlation between MAT and HAS is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (10Y) Calculated over the trailing 10-year period	0.62
Correlation (All Time) Calculated using the full available price history since Dec 19, 1984	0.43

The correlation between MAT and HAS shifts across timeframes, from 0.43 (all time) to 0.69 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS MAT : $1.60 HAS : -$2.09
PS Ratio MAT : 0.83 HAS : 1.86
Total Revenue (TTM) MAT : $5.38B HAS : $4.81B
Gross Profit (TTM) MAT : $2.59B HAS : $3.43B
EBITDA (TTM) MAT : $775.15M HAS : $283.20M

Return for Risk

MAT vs. HAS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MAT

MAT Risk / Return Rank: 16
MAT Sharpe Ratio Rank: 16
MAT Sortino Ratio Rank: 19
MAT Omega Ratio Rank: 16
MAT Calmar Ratio Rank: 17
MAT Martin Ratio Rank: 13

HAS

HAS Risk / Return Rank: 71
HAS Sharpe Ratio Rank: 74
HAS Sortino Ratio Rank: 69
HAS Omega Ratio Rank: 69
HAS Calmar Ratio Rank: 70
HAS Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MAT vs. HAS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mattel, Inc. (MAT) and Hasbro, Inc. (HAS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	MAT	HAS	Difference
Sharpe ratio Return per unit of total volatility	-0.57	1.13	-1.70
Sortino ratio Return per unit of downside risk	-0.50	1.73	-2.23
Omega ratio Gain probability vs. loss probability	0.91	1.22	-0.31
Calmar ratio Return relative to maximum drawdown	-0.65	1.66	-2.31
Martin ratio Return relative to average drawdown	-1.24	4.45	-5.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MAT vs. HAS - Sharpe Ratio Comparison

The current MAT Sharpe Ratio is -0.57, which is lower than the HAS Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of MAT and HAS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MAT	HAS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.57	1.13	-1.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.19	0.05	-0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.17	0.10	-0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.30	-0.17

Drawdowns

MAT vs. HAS - Drawdown Comparison

The maximum MAT drawdown since its inception was -83.68%, which is greater than HAS's maximum drawdown of -74.17%. Use the drawdown chart below to compare losses from any high point for MAT and HAS.

Drawdown Indicators

	MAT	HAS	Difference
Max Drawdown Largest peak-to-trough decline	-83.68%	-74.17%	-9.51%
Max Drawdown (1Y) Largest decline over 1 year	-36.10%	-19.62%	-16.48%
Max Drawdown (3Y) Largest decline over 3 years	-36.56%	-40.27%	+3.71%
Max Drawdown (5Y) Largest decline over 5 years	-47.50%	-55.05%	+7.55%
Max Drawdown (10Y) Largest decline over 10 years	-77.44%	-63.84%	-13.60%
Current Drawdown Current decline from peak	-63.60%	-19.38%	-44.22%
Average Drawdown Average peak-to-trough decline	-41.35%	-24.43%	-16.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.98%	7.30%	+11.68%

Volatility

MAT vs. HAS - Volatility Comparison

The current volatility for Mattel, Inc. (MAT) is 7.07%, while Hasbro, Inc. (HAS) has a volatility of 11.67%. This indicates that MAT experiences smaller price fluctuations and is considered to be less risky than HAS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAT	HAS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.07%	11.67%	-4.60%
Volatility (6M) Calculated over the trailing 6-month period	34.68%	23.53%	+11.15%
Volatility (1Y) Calculated over the trailing 1-year period	41.00%	28.82%	+12.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.10%	32.88%	+4.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.85%	33.90%	+7.95%

Dividends

MAT vs. HAS - Dividend Comparison

MAT has not paid dividends to shareholders, while HAS's dividend yield for the trailing twelve months is around 3.33%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HAS Hasbro, Inc.	3.33%	3.41%	5.01%	5.48%	4.56%	2.67%	2.91%	2.53%	3.03%	2.44%	2.56%	2.69%
MAT Mattel, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.92%	5.52%	5.59%

Financials

MAT vs. HAS - Profitability Comparison

The chart below illustrates the profitability comparison between Mattel, Inc. and Hasbro, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MAT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mattel, Inc. reported a gross profit of 386.80M and revenue of 862.20M. Therefore, the gross margin over that period was 44.9%.

HAS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hasbro, Inc. reported a gross profit of 749.50M and revenue of 1.00B. Therefore, the gross margin over that period was 74.9%.

MAT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mattel, Inc. reported an operating income of -9.80M and revenue of 862.20M, resulting in an operating margin of -1.1%.

HAS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hasbro, Inc. reported an operating income of 270.30M and revenue of 1.00B, resulting in an operating margin of 27.0%.

MAT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mattel, Inc. reported a net income of 61.00M and revenue of 862.20M, resulting in a net margin of 7.1%.

HAS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hasbro, Inc. reported a net income of 198.40M and revenue of 1.00B, resulting in a net margin of 19.8%.

Frequently Asked Questions

Can I hold both MAT and HAS in my portfolio?

MAT and HAS have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MAT or HAS?

HAS has higher volatility (11.67%) compared to MAT (7.07%). In terms of maximum drawdown, MAT dropped -83.68% vs HAS's -74.17%.

Which has better risk-adjusted returns?

HAS currently has the higher Sharpe Ratio (1.13 vs -0.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.