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

Magna International (MGA) posted Current Taxes of $129.0 million for Q1 2026, up 21.7% quarter-over-quarter from $106.0 million in Q4 2025, and down 15.13% year-on-year from $152.0 million in Q1 2025.

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

Magna International (MGA) has reported Current Taxes for 17 consecutive years, with $129.0 million the latest figure, recorded in Q1 2026.

  • Current Taxes for Q1 2026 came in at $129.0 million, down 15.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $129.0 million (down 15.13% YoY), and the FY2025 annual result was $106.0 million, down 44.79% from the prior year.
  • Current Taxes was $129.0 million for Q1 2026 at Magna International, up from $106.0 million in the prior quarter.
  • Over five years, Current Taxes peaked at $192.0 million in Q4 2024 and troughed at $9.0 million in Q1 2023.
  • Average Current Taxes over 5 years is $115.4 million, with a median of $117.0 million recorded in 2023.
  • Year-over-year, Current Taxes tumbled 95.26% in 2023 and surged 1366.67% in 2024.
  • Over 5 years, Current Taxes stood at $93.0 million in 2022, then surged by 34.41% to $125.0 million in 2023, then soared by 53.6% to $192.0 million in 2024, then slumped by 44.79% to $106.0 million in 2025, then gained by 21.7% to $129.0 million in 2026.
  • Per Business Quant data, the three most recent Current Taxes figures were $129.0 million in Q1 2026, $106.0 million in Q4 2025, and $109.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn 153.00 Mn
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn 70.94 Mn
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn 129.00 Mn
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn -
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn -
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn -
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn -
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn -
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn -
10 Mobileye Global 7.90 Bn 6.68 Bn 275.00 Mn -

Historic Data

Download Data
DateValue
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
Mar 31, 2021 109.00 Mn