Magnera (MAGN) Income from Discontinued Operations (2017 - 2023)
Magnera's (MAGN) quarterly Income from Discontinued Operations came in at -$900000.0 in Q3 2023, down 271.9% year-over-year from $523557.7 in Q3 2022, and down 191.26% quarter-over-quarter from -$309000.0 in Q2 2023.
Analysis
Magnera (MAGN) Income from Discontinued Operations (2017 - 2023) Analysis & Trends
Magnera (MAGN) has reported Income from Discontinued Operations for 7 consecutive years, with -$900000.0 the latest figure, recorded in Q3 2023.
- On a quarterly basis, Income from Discontinued Operations fell 271.9% year-over-year to -$900000.0 in Q3 2023; TTM through Sep 2023 was -$1.8 million, a 290.93% decrease from a year earlier, with the FY2023 full-year figure at -$950000.0, down 943.96% from the prior year.
- Income from Discontinued Operations was -$900000.0 for Q3 2023 at Magnera, down from -$309000.0 in the prior quarter.
- Over five years, Income from Discontinued Operations peaked at $3.6 million in Q3 2019 and troughed at -$900000.0 in Q3 2023.
- A 5-year average of $168437.5 and a median of -$133500.0 in 2019 frame the typical range for Income from Discontinued Operations.
- Across the five-year window, Income from Discontinued Operations jumped 614.39% in 2020 and tumbled 986.49% in 2023, its largest moves.
- Over 5 years, Income from Discontinued Operations stood at -$132000.0 in 2019, then jumped by 614.39% to $679000.0 in 2020, then increased by 22.24% to $830000.0 in 2021, then sank by 126.51% to -$220000.0 in 2022, then plunged by 309.09% to -$900000.0 in 2023.
- The last three Income from Discontinued Operations figures came in at -$900000.0 (Q3 2023), -$309000.0 (Q2 2023), and -$402000.0 (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Discontinued) (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 144.87 Bn | 142.37 Bn | 1.63 Bn | - |
| 2 | Ati | 28.38 Bn | 27.60 Bn | 309.80 Mn | - |
| 3 | Qnity Electronics | 25.90 Bn | 24.94 Bn | 666.00 Mn | - |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn | 31.00 Mn |
| 5 | DuPont de Nemours | 17.57 Bn | 15.83 Bn | 639.00 Mn | -44.00 Mn |
| 6 | Avery Dennison | 13.00 Bn | 12.77 Bn | 729.40 Mn | - |
| 7 | Solstice Advanced Materials | 10.09 Bn | 9.34 Bn | 370.00 Mn | - |
| 8 | Element Solutions | 8.74 Bn | 8.55 Bn | 334.00 Mn | - |
| 9 | Eastman Chemical | 7.84 Bn | 7.15 Bn | 560.00 Mn | - |
| 10 | Magnera | 409.98 Mn | 129.98 Mn | 112.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | -900,000.00 |
| Jun 30, 2023 | -309,000.00 |
| Mar 31, 2023 | -402,000.00 |
| Dec 31, 2022 | -220,000.00 |
| Sep 30, 2022 | -242,000.00 |
| Jun 30, 2022 | 408,000.00 |
| Mar 31, 2022 | -37,000.00 |
| Dec 31, 2021 | 830,000.00 |
| Sep 30, 2021 | -532,000.00 |
| Jun 30, 2021 | -100,000.00 |
| Dec 31, 2020 | 679,000.00 |
| Jun 30, 2020 | -135,000.00 |
| Dec 31, 2019 | -132,000.00 |
| Sep 30, 2019 | 3.57 Mn |
| Jun 30, 2019 | -500,000.00 |
| Mar 31, 2019 | 714,000.00 |
| Dec 31, 2018 | -78.53 Mn |
| Sep 30, 2018 | -114.66 Mn |
| Jun 30, 2018 | -18.52 Mn |
| Mar 31, 2018 | 4.46 Mn |