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

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

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

Magna International has reported Current Taxes for 17 years, with the latest figure at $129.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Current Taxes fell 15.13% year-over-year to $129.0 million; the trailing twelve-month figure through Mar 2026 stood at $129.0 million (down 15.13% YoY), and the FY2025 full-year result was $106.0 million, down 44.79% from the prior year.
  • Current Taxes for Q1 2026 stood at $129.0 million, up from $106.0 million in the prior quarter.
  • The five-year high for Current Taxes was $192.0 million in Q4 2024, with the low at $9.0 million in Q1 2023.
  • Historically, Current Taxes has averaged $115.4 million across 5 years, with a median of $117.0 million in 2023.
  • Annual changes were most pronounced in 2023 — Current Taxes sank 95.26% — and 2024, when it soared 1366.67%.
  • Magna International's 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 tumbled by 44.79% to $106.0 million in 2025, then grew by 21.7% to $129.0 million in 2026.
  • The last three Current Taxes figures came in at $129.0 million (Q1 2026), $106.0 million (Q4 2025), and $109.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 O Reilly Automotive 76.26 Bn 76.01 Bn 2.35 Bn 7.00 Mn
2 Autozone 51.55 Bn 51.26 Bn 2.24 Bn 72.34 Mn
3 Borgwarner 15.32 Bn 15.49 Bn 677.00 Mn -
4 Aptiv 14.49 Bn 11.41 Bn 920.00 Mn -
5 Modine Manufacturing 14.37 Bn 14.28 Bn 186.10 Mn -
6 Genuine Parts 14.20 Bn 13.71 Bn 2.34 Bn -
7 Aurora Innovation 11.92 Bn 10.70 Bn -5.00 Mn -
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 129.00 Mn
9 Allison Transmission Holdings 9.75 Bn 9.43 Bn 406.00 Mn 65.00 Mn
10 Autoliv 9.61 Bn 9.25 Bn 526.00 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