Magna International (MGA) Current Taxes (2009 - 2026)
Magna International's Current Taxes came in at $121 million for the quarter ended Jun 30, 2026, up 37.5% from $88 million a year earlier but down 6.2% from the prior quarter.
Magna International (MGA) Current Taxes (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Magna International's Current Taxes was $106 million, down 44.8% from the prior year.
- Current Taxes carries a five-year compound annual growth rate of 22.8% (years ended Dec 2020 to Dec 2025).
- Going back by year, Current Taxes was $192 million in the year ended Dec 31, 2024 (+53.6%), $125 million in the year ended Dec 31, 2023 (+34.4%), $93 million in the year ended Dec 31, 2022 (-53.5%) and $200 million in the year ended Dec 31, 2021 (+426.3%).
- The five-year range for quarterly Current Taxes is $9 million (the quarter ended Mar 31, 2023) to $200 million (the quarter ended Dec 31, 2021).
- Year-over-year, Current Taxes increased in five of the last eight quarters, with growth averaging 56.6%.
- The fastest year-over-year change in Current Taxes over five years came in the quarter ended Sep 30, 2024 (growth of 433.3%), and the weakest in the quarter ended Mar 31, 2023 (a decline of 95.3%).
- Business Quant data shows MGA's Current Taxes at $129 million (quarter ended Mar 31, 2026), $106 million (quarter ended Dec 31, 2025) and $109 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,148.52 Bn | 983.08 Bn | 4.75 Bn | - |
| 2 | Toyota Motor | 242.17 Bn | -164.57 Bn | 20.95 Bn | 3.19 Bn |
| 3 | Ferrari | 145.86 Bn | 138.30 Bn | 1.18 Bn | 97.89 Mn |
| 4 | Honda Motor | 143.38 Bn | 10.76 Bn | 8.46 Bn | 895.47 Mn |
| 5 | General Motors | 67.56 Bn | -37.30 Bn | 7.33 Bn | - |
| 6 | Ford Motor | 47.24 Bn | -95.23 Bn | 6.08 Bn | - |
| 7 | Rivian Automotive | 20.35 Bn | -2.94 Bn | 179.00 Mn | - |
| 8 | Magna International | 17.85 Bn | 15.41 Bn | 1.61 Bn | 121.00 Mn |
| 9 | Stellantis | 12.63 Bn | -153.36 Bn | 5.55 Bn | 1.08 Bn |
| 10 | Li Auto | 11.52 Bn | -42.48 Bn | 417.98 Mn | - |
Historic Data
| Date | Value |
|---|---|
| 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 |
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();