Magnera (MAGN) Non Operating Income (2010 - 2023)
Magnera's (MAGN) quarterly Non Operating Income came in at -$54.4 million in 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.
Analysis
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.
- On a quarterly basis, Non Operating Income fell 429.4% year-over-year to -$54.4 million in Q3 2023; TTM through Sep 2023 was -$102.6 million, a 191.34% decrease from a year earlier, with the FY2023 full-year figure at -$73.8 million, down 82.5% from the prior year.
- Non Operating Income was -$54.4 million for Q3 2023 at Magnera, down from -$19.7 million in the prior quarter.
- Over five years, Non Operating Income peaked at -$1.7 million in Q1 2021 and troughed at -$78.0 million in Q4 2019.
- A 5-year average of -$13.2 million and a median of -$7.7 million in 2021 frame the typical range for Non Operating Income.
- Across the five-year window, Non Operating Income tumbled 1535.39% in 2019 and surged 97.68% in 2020, its largest moves.
- Over 5 years, Non Operating Income stood at -$78.0 million in 2019, then surged 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.
- The last three Non Operating Income figures came in at -$54.4 million (Q3 2023), -$19.7 million (Q2 2023), and -$15.6 million (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (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 | -27.00 Mn |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn | - |
| 5 | DuPont de Nemours | 17.57 Bn | 15.83 Bn | 639.00 Mn | 42.00 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 | -6.60 Mn |
| 9 | Eastman Chemical | 7.84 Bn | 7.15 Bn | 560.00 Mn | -14.00 Mn |
| 10 | Magnera | 409.98 Mn | 129.98 Mn | 112.00 Mn | - |
Historic Data
Download Data
Historic 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 |