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Magna International (MGA) Current Taxes (2016 - 2025)

Magna International (MGA) has disclosed Current Taxes for 13 consecutive years, with $192.0 million as the latest value for Q4 2024.

  • For the quarter ending Q4 2024, Current Taxes rose 53.6% year-over-year to $192.0 million, compared with a TTM value of $192.0 million through Dec 2024, up 53.6%, and an annual FY2024 reading of $192.0 million, up 53.6% over the prior year.
  • Current Taxes was $192.0 million for Q4 2024 at Magna International, up from $125.0 million in the prior quarter.
  • Across five years, Current Taxes topped out at $200.0 million in Q4 2021 and bottomed at $38.0 million in Q4 2020.
  • Average Current Taxes over 5 years is $129.6 million, with a median of $125.0 million recorded in 2023.
  • The sharpest move saw Current Taxes soared 426.32% in 2021, then crashed 53.5% in 2022.
  • Year by year, Current Taxes stood at $38.0 million in 2020, then skyrocketed by 426.32% to $200.0 million in 2021, then tumbled by 53.5% to $93.0 million in 2022, then skyrocketed by 34.41% to $125.0 million in 2023, then surged by 53.6% to $192.0 million in 2024.
  • Business Quant data shows Current Taxes for MGA at $192.0 million in Q4 2024, $125.0 million in Q4 2023, and $93.0 million in Q4 2022.