Magnera (MAGN) Tax Rate (2010 - 2024)
Magnera (MAGN) reported Tax Rate of -11.11% for fiscal Q3 2026 (quarter ended Jun 27, 2026), down 36.11 percentage points from 25.00% a year earlier and down 5.23 percentage points from the prior quarter.
Magnera (MAGN) Tax Rate (2010 - 2024) Analysis & Trends
Over the twelve months ended Jun 27, 2026, Magnera's Tax Rate came in at -15.46%, down 31.06 percentage points year-over-year; for FY2025 (ended Sep 27, 2025), it came in at 4.22%, up 18.29 percentage points from FY2024.
- Tax Rate has a five-year change of -31.56 percentage points (FY2020 to FY2025).
- By fiscal year, Tax Rate came in at -14.07% in FY2024, -9.86% in FY2023 (-14.89 pp), 5.03% in FY2022 (-45.83 pp) and 50.86% in FY2021 (+15.09 pp).
- Five-year quarterly Tax Rate spans a low of -38.93% in fiscal Q1 2023 and a high of 394.61% in fiscal Q2 2022.
- Year over year, Tax Rate has now declined in each of the last three quarters.
- The high point for year-over-year Tax Rate in five years was fiscal Q2 2022 (a gain of 321.67 percentage points); the low point was fiscal Q2 2023 (a drop of 415.78 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at -5.88% (Q2 2026), -17.24% (Q1 2026) and -21.21% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 23.96% |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 6.16% |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 24.17% |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | - |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 25.11% |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 29.21% |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 21.50% |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 31.66% |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 20.01% |
| 10 | Magnera | 406.69 Mn | -745.31 Mn | 112.00 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 30, 2024 | 22.22% |
| Jun 30, 2022 | 394.61% |
| Sep 30, 2021 | 30.59% |
| Jun 30, 2021 | 72.94% |
| Mar 31, 2021 | 46.15% |
| Dec 31, 2020 | 23.47% |
| Sep 30, 2020 | 35.64% |
| Jun 30, 2020 | 938.60% |
| Mar 31, 2020 | 26.04% |
| Sep 30, 2019 | 26.65% |
| Jun 30, 2019 | 47.33% |
| Mar 31, 2019 | 28.76% |
| Sep 30, 2018 | 123.64% |
| Jun 30, 2018 | 58.48% |
| Mar 31, 2018 | 43.77% |
| Dec 31, 2017 | 345.09% |
| Sep 30, 2017 | 24.98% |
| Mar 31, 2017 | 34.21% |
| Sep 30, 2016 | 6.67% |
| Mar 31, 2016 | 23.87% |
Magnera Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MAGN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MAGN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MAGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();