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
Download Data
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 |