Magnera (MAGN) Non Operating Income (2010 - 2023)
Magnera (MAGN) posted quarterly Non Operating Income of -$54.4 million for Q3 2023, down 429.4% year-over-year from $16.5 million in Q3 2022, and down 175.25% quarter-over-quarter from -$19.7 million in Q2 2023.
Magnera (MAGN) Non Operating Income (2010 - 2023) Analysis & Trends
Magnera (MAGN) has reported Non Operating Income for 14 consecutive years, with -$54.4 million the latest figure, recorded in Q3 2023.
- In Q3 2023, Non Operating Income fell 429.4% year-over-year to -$54.4 million; the TTM figure through Sep 2023 stood at -$102.6 million (down 191.34% YoY), while the FY2023 annual figure was -$73.8 million, down 82.5% from the prior year.
- Non Operating Income declined to -$54.4 million in Q3 2023 per MAGN's latest filing, from -$19.7 million in the prior quarter.
- Across five years, Non Operating Income topped out at -$1.7 million in Q1 2021 and bottomed at -$78.0 million in Q4 2019.
- Historically, Non Operating Income has averaged -$13.2 million across 5 years, with a median of -$7.7 million in 2021.
- Annual changes were most pronounced in 2019 — Non Operating Income slumped 1535.39% — and 2020, when it soared 97.68%.
- Magnera's Non Operating Income stood at -$78.0 million in 2019, then jumped by 97.68% to -$1.8 million in 2020, then sank by 325.26% to -$7.7 million in 2021, then tumbled by 68.06% to -$12.9 million in 2022, then sank by 321.34% to -$54.4 million in 2023.
- Business Quant data shows MAGN's Non Operating Income at -$54.4 million in Q3 2023, -$19.7 million in Q2 2023, and -$15.6 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 334.68 Bn | 324.73 Bn | 10.28 Bn | - |
| 2 | Unilever | 135.06 Bn | 122.54 Bn | - | - |
| 3 | Colgate Palmolive | 73.11 Bn | 71.74 Bn | 3.30 Bn | - |
| 4 | Kenvue | 36.14 Bn | 35.03 Bn | 2.30 Bn | -90.00 Mn |
| 5 | Kimberly Clark | 35.84 Bn | 34.89 Bn | 1.60 Bn | - |
| 6 | Estee Lauder Companies | 30.63 Bn | 27.51 Bn | 2.84 Bn | - |
| 7 | Church & Dwight | 23.49 Bn | 23.23 Bn | 693.90 Mn | - |
| 8 | Clorox | 12.90 Bn | 12.75 Bn | 804.00 Mn | - |
| 9 | Yatsen Holding | 5.79 Bn | 5.65 Bn | 153.20 Mn | - |
| 10 | Magnera | 437.98 Mn | 157.98 Mn | 112.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -54.35 Mn |
| Jun 30, 2023 | -19.75 Mn |
| Mar 31, 2023 | -15.60 Mn |
| Dec 31, 2022 | -12.90 Mn |
| Sep 30, 2022 | -10.27 Mn |
| Jun 30, 2022 | -8.09 Mn |
| Mar 31, 2022 | -9.19 Mn |
| Dec 31, 2021 | -7.68 Mn |
| Sep 30, 2021 | -2.92 Mn |
| Jun 30, 2021 | -2.61 Mn |
| Mar 31, 2021 | -1.74 Mn |
| Dec 31, 2020 | -1.81 Mn |
| Sep 30, 2020 | -3.89 Mn |
| Jun 30, 2020 | -8.84 Mn |
| Mar 31, 2020 | -2.27 Mn |
| Dec 31, 2019 | -77.96 Mn |
| Sep 30, 2019 | -2.75 Mn |
| Jun 30, 2019 | -3.18 Mn |
| Mar 31, 2019 | -5.20 Mn |
| Dec 31, 2018 | -4.77 Mn |