JAKKJAKKS Pacific, Inc.
Is the business good?
The checks split: earnings fully cash-backed (4.9×), but margins compressing.
Operating profit is fully backed by cash. Conversion is improving vs a year ago.
Operating margin has narrowed over the past few years, profitability per dollar of sales is eroding.
A balanced mix of margins, efficiency, and leverage. ROE 4% = margin × turnover × leverage.
Unless marked, from derived.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is JAKK?
JAKKS Pacific, Inc. keeps 2.6% of every revenue dollar as operating profit, against 9.6% for the median Leisure name.
Operating margin · Leisure median 9.6% · 12 months to Q2 2026
- Cash conversion
- 4.93×
Cash conversion · 1.31× a year ago · operating cash flow covers the operating profit after tax
- Share count, year on year
- +6.5%
Share count, year on year · shareholders own a smaller slice than a year ago
- R&D as % of revenue
- 1.8%
R&D as % of revenue
| Year | Operating margin |
|---|---|
| FY2020 | 2.5% |
| FY2021 | 6.2% |
| FY2022 | 7.7% |
| FY2023 | 8.3% |
| FY2024 | 5.7% |
| FY2025 | 2.5% |
Details›
- Gross margin12 months to Q2 2026
- 32%
- Operating margin12 months to Q2 2026
- 2.6%
- Net margin12 months to Q2 2026
- 2.8%
- Free cash flow margin
- 6.0%
- R&D as % of revenue
- 1.8%
- Revenue, trailing twelve months
- $584M
- Free cash flow, trailing twelve months
- $35M
- Net income, trailing twelve months
- $16M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Customers and suppliers
Who buys from JAKK and who it buys from, as the companies report it.
- TGTTarget Corporation27%
Share of revenue · FY2025 10-K
- WMTWalmart26%
Share of revenue · FY2025 10-K
- Major customers53%
Combined share of revenue · FY2025 10-K
None disclosed.
A company has to disclose every customer behind 10% or more of its revenue. Each share comes from the latest annual report of the company that states it and shows on both companies’ pages; JAKK’s own figures are from its FY2025 10-K. Smaller customers and suppliers go unreported.