Magna International Inc.

NYSE:MGA Stock Report

Market Cap: US$12.0b

Magna International Past Earnings Performance

Past criteria checks 2/6

Magna International's earnings have been declining at an average annual rate of -4.4%, while the Auto Components industry saw earnings growing at 12.9% annually. Revenues have been growing at an average rate of 4.1% per year. Magna International's return on equity is 9.1%, and it has net margins of 2.5%.

Key information

-4.4%

Earnings growth rate

-2.2%

EPS growth rate

Auto Components Industry Growth10.5%
Revenue growth rate4.1%
Return on equity9.1%
Net Margin2.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Magna International: Weak Customer Positioning Creates Uncertain Future

Dec 16

Magna International: An Undervalued Stock With Double-Digit Long-Term Dividend Growth Rate

Oct 14

Magna International: A Global Automotive Supplier Currently On An Upswing

Apr 15

Magna: Attractive Entry For Long Term Returns

Apr 07

Magna International: Margins Need To Improve

Jan 30

Magna International: Management Needs To Step Up On Communication

Feb 16

Magna International Q4 2022 Earnings Preview

Feb 09

Magna guides 2022 EBIT margin below prior estimates

Jan 24

Magna to acquire Veoneer Active Safety Business for $1.525B

Dec 20

Magna International goes ex-dividend tomorrow

Nov 16

Magna International Q3 2022 Earnings Preview

Nov 03

Magna’s 48-Volt hybrid transmission makes debut on Stellantis models

Oct 26

Magna to manufacture Cartken's autonomous delivery robot fleet

Sep 07

Magna: 25% Cheaper With A Decent Upside

Jul 27

Morgan Stanley cuts Magna price target to $79

Jul 14

Magna: Inflationary Pressures Continue To Dominate

May 17

Magna: Valuation Improves Just Enough, Upgrading To A Buy

Mar 06

Magna International Stock: Well Placed To Benefit From The Upcoming Auto Industry Transformation

Feb 22

Revenue & Expenses Breakdown

How Magna International makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:MGA Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2442,6621,0772,0920
30 Jun 2443,0709872,0960
31 Mar 2443,0941,0132,0780
31 Dec 2342,7971,2132,0500
30 Sep 2341,9111,0371,9610
30 Jun 2340,4919321,8570
31 Mar 2338,8714371,7620
31 Dec 2237,8405921,6600
30 Sep 2237,3829611,5970
30 Jun 2236,0336831,6640
31 Mar 2235,7051,2631,6730
31 Dec 2136,2421,5141,7170
30 Sep 2137,7001,7881,7510
30 Jun 2138,9102,1821,6770
31 Mar 2134,1691,1111,6360
31 Dec 2032,6477571,5870
30 Sep 2031,4744591,5460
30 Jun 2031,664-1791,5660
31 Mar 2037,4979201,6410
31 Dec 1939,4311,7651,6810
30 Sep 1940,1731,7812,0350
30 Jun 1940,4722,5682,0380
31 Mar 1940,6262,7422,0190
31 Dec 1840,8272,2961,9940
30 Sep 1840,3742,3991,6700
30 Jun 1839,6202,3571,6730
31 Mar 1838,4802,2791,6480
31 Dec 1736,5882,1961,6680
30 Sep 1736,1572,1151,6550
30 Jun 1736,1422,1061,6200
31 Mar 1736,4452,1161,6250
31 Dec 1636,4452,0311,6010
30 Sep 1635,7602,0361,5890
30 Jun 1634,5722,0031,5760
31 Mar 1633,2621,9831,5100
31 Dec 1532,1341,9461,4480
30 Sep 1532,3561,9791,4560
30 Jun 1532,9421,9961,4800
31 Mar 1533,7201,9771,5390
31 Dec 1434,4031,9241,6120
30 Sep 1434,7871,8661,6200
30 Jun 1434,8781,6981,6490
31 Mar 1434,9291,5941,6520

Quality Earnings: MGA has a large one-off loss of $400.0M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: MGA's current net profit margins (2.5%) are higher than last year (2.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MGA's earnings have declined by 4.4% per year over the past 5 years.

Accelerating Growth: MGA's earnings growth over the past year (3.9%) exceeds its 5-year average (-4.4% per year).

Earnings vs Industry: MGA earnings growth over the past year (3.9%) did not outperform the Auto Components industry 5.3%.

Return on Equity

High ROE: MGA's Return on Equity (9.1%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 08:12
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Magna International Inc. is covered by 42 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Will ChienAccountability Research Corporation
Dan LevyBarclays
Tamy ChenBMO Capital Markets Equity Research