Magna International (MGA) Current Taxes (2010 - 2026)
Magna International's Current Taxes came in at $141 million for Q3 2026, up 29.4% from $109 million a year earlier and up 16.5% from the prior quarter.
Magna International (MGA) Current Taxes (2010 - 2026) Analysis & Trends
At the end of FY2025, Magna International's Current Taxes was $106 million, down 44.8% from FY2024.
- Current Taxes carries a five-year compound annual growth rate of 22.8% (FY2020 to FY2025).
- Going back by year, Current Taxes was $192 million in FY2024 (+53.6%), $125 million in FY2023 (+34.4%), $93 million in FY2022 (-53.5%) and $200 million in FY2021 (+426.3%).
- The Q3 2026 figure represents the highest quarterly Current Taxes since Q1 2025.
- Year-over-year, Current Taxes increased in five of the last eight quarters, with growth averaging 6.1%.
- The fastest year-over-year change in Current Taxes over five years came in Q3 2024 (growth of 433.3%), and the weakest in Q1 2023 (a decline of 95.3%).
- Business Quant data shows MGA's Current Taxes at $121 million (Q2 2026), $129 million (Q1 2026) and $106 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,221.71 Bn | 1,043.93 Bn | 5.49 Bn | - |
| 2 | General Motors | 77.93 Bn | -26.68 Bn | 9.28 Bn | - |
| 3 | Ferrari | 74.00 Bn | 67.46 Bn | - | - |
| 4 | Ford Motor | 49.18 Bn | -85.24 Bn | 7.38 Bn | - |
| 5 | Toyota Motor | 28.58 Bn | -344.44 Bn | - | 4.45 Bn |
| 6 | Rivian Automotive | 20.30 Bn | -1.42 Bn | 176.00 Mn | - |
| 7 | Magna International | 17.50 Bn | 12.21 Bn | - | 106.00 Mn |
| 8 | Stellantis | 12.66 Bn | -174.61 Bn | - | 576.79 Mn |
| 9 | Li Auto | 12.65 Bn | -27.40 Bn | - | 235.27 Mn |
| 10 | Xpeng | 9.67 Bn | -1.28 Bn | - | 6.39 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 141.00 Mn |
| Jun 30, 2026 | 121.00 Mn |
| Mar 31, 2026 | 129.00 Mn |
| Dec 31, 2025 | 106.00 Mn |
| Sep 30, 2025 | 109.00 Mn |
| Jun 30, 2025 | 88.00 Mn |
| Mar 31, 2025 | 152.00 Mn |
| Dec 31, 2024 | 192.00 Mn |
| Sep 30, 2024 | 176.00 Mn |
| Jun 30, 2024 | 79.00 Mn |
| Mar 31, 2024 | 132.00 Mn |
| Dec 31, 2023 | 125.00 Mn |
| Sep 30, 2023 | 33.00 Mn |
| Mar 31, 2023 | 9.00 Mn |
| Dec 31, 2022 | 93.00 Mn |
| Sep 30, 2022 | 97.00 Mn |
| Jun 30, 2022 | 136.00 Mn |
| Mar 31, 2022 | 190.00 Mn |
| Dec 31, 2021 | 200.00 Mn |
| Sep 30, 2021 | 125.00 Mn |
Magna International Current Taxes 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=current-taxes&ticker=MGA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "MGA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=MGA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();