Magna International MGA
NYSE MGA
$65.11 -0.36 (-0.55%)
As of: Sep 10, 2026 · 3:59 PM EDT

Magna International (MGA) Current Taxes (2010 - 2026)

Magna International's (MGA) quarterly Current Taxes came in at $121.0 million in Q2 2026, up 37.5% on a YoY basis from $88.0 million in Q2 2025, and down 6.2% quarter-over-quarter from $129.0 million in Q1 2026.

Analysis

Magna International (MGA) Current Taxes (2010 - 2026) Analysis & Trends

Magna International (MGA) has reported Current Taxes for 17 consecutive years, with $121.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Current Taxes rose 37.5% year-over-year to $121.0 million; the trailing twelve-month figure through Jun 2026 stood at $121.0 million (up 37.5% YoY), and the FY2025 full-year result was $106.0 million, down 44.79% from the prior year.
  • Current Taxes eased to $121.0 million in Q2 2026 per MGA's latest filing, from $129.0 million in the prior quarter.
  • Across five years, Current Taxes topped out at $192.0 million in Q4 2024 and bottomed at $9.0 million in Q1 2023.
  • Historically, Current Taxes has averaged $115.7 million across 5 years, with a median of $121.0 million in 2026.
  • The sharpest annual moves came in 2023 and 2024: Current Taxes slumped 95.26% in 2023, then jumped 1366.67% in 2024.
  • Over 5 years, Current Taxes stood at $93.0 million in 2022, then jumped by 34.41% to $125.0 million in 2023, then surged by 53.6% to $192.0 million in 2024, then sank by 44.79% to $106.0 million in 2025, then increased by 14.15% to $121.0 million in 2026.
  • According to Business Quant data, Current Taxes over the past three periods registered $121.0 million, $129.0 million, and $106.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Magna International 18.34 Bn 16.91 Bn 1.61 Bn 121.00 Mn
2 Autoliv 8.98 Bn 8.60 Bn 509.00 Mn -
3 Lear 6.43 Bn 5.43 Bn 470.30 Mn -
4 Gentex 4.73 Bn 4.48 Bn 241.00 Mn -
5 Dorman Products 3.78 Bn 3.65 Bn 251.23 Mn -
6 Dauch 1.60 Bn 723.95 Mn 338.20 Mn -
7 Adient 1.47 Bn 547.40 Mn 235.00 Mn -
8 Xpel 1.33 Bn 1.29 Bn 63.14 Mn 2.23 Mn
9 Standard Motor Products 858.57 Mn 858.57 Mn 164.62 Mn -
10 Cooper-Standard Holdings 426.88 Mn 300.30 Mn 83.76 Mn -
Historic Data

Historic Data

Download Data
DateValue
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
Jun 30, 2021 123.00 Mn