Magnera (MAGN) Other Operating Expenses (2010 - 2023)
Magnera's (MAGN) quarterly Other Operating Expenses came in at -$17.8 million in Q3 2023, down 88925.0% year-over-year from N/an in Q3 2022, and down 84885.71% quarter-over-quarter from $21000.0 in Q2 2023.
Analysis
Magnera (MAGN) Other Operating Expenses (2010 - 2023) Analysis & Trends
Magnera (MAGN) has reported Other Operating Expenses for 14 consecutive years, with -$17.8 million the latest figure, recorded in Q3 2023.
- On a quarterly basis, Other Operating Expenses fell 88925.0% year-over-year to -$17.8 million in Q3 2023; TTM through Jun 2024 was -$17.8 million, a 3164.54% decrease from a year earlier, with the FY2023 full-year figure at -$18.4 million, down 754.96% from the prior year.
- Other Operating Expenses was -$17.8 million for Q3 2023 at Magnera, down from $21000.0 in the prior quarter.
- Over five years, Other Operating Expenses peaked at $3.0 million in Q1 2022 and troughed at -$17.8 million in Q3 2023.
- A 5-year average of -$326388.9 and a median of $427000.0 in 2019 frame the typical range for Other Operating Expenses.
- Across the five-year window, Other Operating Expenses soared 441.16% in 2021 and tumbled 88925.0% in 2023, its largest moves.
- Over 5 years, Other Operating Expenses stood at $733000.0 in 2019, then slumped by 56.07% to $322000.0 in 2020, then soared by 33.85% to $431000.0 in 2021, then tumbled by 114.85% to -$64000.0 in 2022, then sank by 27720.31% to -$17.8 million in 2023.
- The last three Other Operating Expenses figures came in at -$17.8 million (Q3 2023), $21000.0 (Q2 2023), and $644000.0 (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 5 | DuPont de Nemours | 17.57 Bn | 15.83 Bn | 639.00 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 | -17.81 Mn |
| Jun 30, 2023 | 21,000.00 |
| Mar 31, 2023 | 644,000.00 |
| Dec 31, 2022 | -64,000.00 |
| Sep 30, 2022 | -20,000.00 |
| Jun 30, 2022 | -73,000.00 |
| Mar 31, 2022 | 2.96 Mn |
| Dec 31, 2021 | 431,000.00 |
| Sep 30, 2021 | 2.24 Mn |
| Jun 30, 2021 | 1.55 Mn |
| Mar 31, 2021 | 850,000.00 |
| Dec 31, 2020 | 322,000.00 |
| Sep 30, 2020 | 413,000.00 |
| Jun 30, 2020 | 597,000.00 |
| Dec 31, 2019 | 733,000.00 |
| Sep 30, 2019 | 235,000.00 |
| Jun 30, 2019 | 423,000.00 |
| Mar 31, 2019 | 669,000.00 |
| Dec 31, 2018 | 1.32 Mn |
| Sep 30, 2018 | 249,000.00 |