Magna International (MGA) Tax Provisions (2009 - 2026)
Magna International (MGA) recorded Tax Provisions of $120 million in the quarter ended Jun 30, 2026, up 17.6% from $102 million a year earlier and up 36.4% from the prior quarter.
Magna International (MGA) Tax Provisions (2009 - 2026) Analysis & Trends
On a TTM basis, Magna International's Tax Provisions came in at $459 million as of Jun 30, 2026, down 10.5% year-over-year; for the year ended Dec 31, 2025, it was $425 million, down 4.7% from the prior year.
- Annual Tax Provisions has a five-year compound annual growth rate of 5.3% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Tax Provisions came in at $446 million in the year ended Dec 31, 2024 (+39.4%), $320 million in the year ended Dec 31, 2023 (+35.0%), $237 million in the year ended Dec 31, 2022 (-40.0%) and $395 million in the year ended Dec 31, 2021 (+20.1%).
- Quarterly Tax Provisions has ranged from $8 million in the quarter ended Mar 31, 2024 to $192 million in the quarter ended Sep 30, 2024 over the past five years.
- On a year-over-year basis, Tax Provisions rose in five of the last seven quarters, with growth averaging 121.4%.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 940.0% in the quarter ended Sep 30, 2022, against a decline of 90.8% in the quarter ended Sep 30, 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $88 million (quarter ended Mar 31, 2026), $111 million (quarter ended Dec 31, 2025) and $140 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,148.52 Bn | 983.08 Bn | 4.75 Bn | 201.00 Mn |
| 2 | Toyota Motor | 242.17 Bn | -164.57 Bn | 20.95 Bn | 2.59 Bn |
| 3 | Ferrari | 145.86 Bn | 138.30 Bn | 1.18 Bn | 160.68 Mn |
| 4 | Honda Motor | 143.38 Bn | 10.76 Bn | 8.46 Bn | -823.19 Mn |
| 5 | General Motors | 67.56 Bn | -37.30 Bn | 7.33 Bn | 214.00 Mn |
| 6 | Ford Motor | 47.24 Bn | -95.23 Bn | 6.08 Bn | -711.00 Mn |
| 7 | Rivian Automotive | 20.35 Bn | -2.94 Bn | 179.00 Mn | -1.00 Mn |
| 8 | Magna International | 17.85 Bn | 15.41 Bn | 1.61 Bn | 120.00 Mn |
| 9 | Stellantis | 12.63 Bn | -153.36 Bn | 5.55 Bn | 240.61 Mn |
| 10 | Li Auto | 11.52 Bn | -42.48 Bn | 417.98 Mn | 35.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 120.00 Mn |
| Mar 31, 2026 | 88.00 Mn |
| Dec 31, 2025 | 111.00 Mn |
| Sep 30, 2025 | 140.00 Mn |
| Jun 30, 2025 | 102.00 Mn |
| Mar 31, 2025 | 72.00 Mn |
| Dec 31, 2024 | 147.00 Mn |
| Sep 30, 2024 | 192.00 Mn |
| Jun 30, 2024 | 99.00 Mn |
| Mar 31, 2024 | 8.00 Mn |
| Dec 31, 2023 | 12.00 Mn |
| Sep 30, 2023 | 121.00 Mn |
| Jun 30, 2023 | 129.00 Mn |
| Mar 31, 2023 | 58.00 Mn |
| Dec 31, 2022 | 35.00 Mn |
| Sep 30, 2022 | 104.00 Mn |
| Jun 30, 2022 | 57.00 Mn |
| Mar 31, 2022 | 41.00 Mn |
| Dec 31, 2021 | 98.00 Mn |
| Sep 30, 2021 | 10.00 Mn |
Magna International Tax Provisions 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=tax-provisions&ticker=MGA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=MGA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();