Magna International (MGA) Tax Provisions (2009 - 2026)
Magna International (MGA) reported Tax Provisions of $88.0 million for Q1 2026, up 22.22% on a YoY basis from $72.0 million in Q1 2025, and down 13.73% quarter-over-quarter from $102.0 million in Q2 2025.
Magna International (MGA) Tax Provisions (2009 - 2026) Analysis & Trends
Magna International has reported Tax Provisions for 18 years, with the latest figure at $88.0 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 22.22% year-over-year to $88.0 million; the trailing twelve-month figure through Mar 2026 stood at $361.0 million (up 89.01% YoY), and the FY2025 full-year result was $425.0 million, down 4.71% from the prior year.
- Tax Provisions for Q1 2026 stood at $88.0 million, down from $102.0 million in the prior quarter.
- The five-year high for Tax Provisions was $129.0 million in Q2 2023, with the low at $8.0 million in Q1 2024.
- Historically, Tax Provisions has averaged $71.2 million across 5 years, with a median of $72.0 million in 2025.
- Annual changes were most pronounced in 2022 — Tax Provisions surged 940.0% — and 2024, when it slumped 86.21%.
- Magna International's Tax Provisions stood at $35.0 million in 2022, then slumped by 65.71% to $12.0 million in 2023, then soared by 725.0% to $99.0 million in 2024, then gained by 3.03% to $102.0 million in 2025, then dropped by 13.73% to $88.0 million in 2026.
- The last three Tax Provisions figures came in at $88.0 million (Q1 2026), $102.0 million (Q2 2025), and $72.0 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | 175.91 Mn |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | 171.78 Mn |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | 8.30 Mn |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | 73.00 Mn |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 56.86 Mn |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 81.00 Mn |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | - |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 88.00 Mn |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 20.00 Mn |
| 10 | Autoliv | 9.12 Bn | 8.77 Bn | 526.00 Mn | 60.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 88.00 Mn |
| Jun 30, 2025 | 102.00 Mn |
| Mar 31, 2025 | 72.00 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 |
| Jun 30, 2021 | 104.00 Mn |
| Mar 31, 2021 | 183.00 Mn |
| Dec 31, 2020 | 223.00 Mn |
| Sep 30, 2020 | 109.00 Mn |
| Jun 30, 2020 | -137.00 Mn |