Magna International (MGA) Tax Provisions (2009 - 2026)
Magna International (MGA) recorded Tax Provisions of $152 million in Q3 2026, up 8.6% from $140 million a year earlier and up 26.7% 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 $471 million as of Sep 30, 2026, up 2.2% year-over-year; for FY2025, it was $425 million, down 4.7% from FY2024.
- Annual Tax Provisions has a five-year compound annual growth rate of 5.3% (FY2020 to FY2025).
- Across earlier years, Tax Provisions came in at $446 million in FY2024 (+39.4%), $320 million in FY2023 (+35.0%), $237 million in FY2022 (-40.0%) and $395 million in FY2021 (+20.1%).
- The Q3 2026 figure is the highest quarterly Tax Provisions since Q3 2024.
- On a year-over-year basis, Tax Provisions has increased for three consecutive quarters, with growth averaging 114.3% over the last seven quarters.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 940.0% in Q3 2022, against a decline of 86.2% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $120 million (Q2 2026), $88 million (Q1 2026) and $111 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,230.49 Bn | 1,061.40 Bn | 5.49 Bn | 152.00 Mn |
| 2 | Ferrari | 154.33 Bn | 146.64 Bn | 1.14 Bn | 147.92 Mn |
| 3 | General Motors | 75.30 Bn | -27.60 Bn | 9.28 Bn | 565.00 Mn |
| 4 | Ford Motor | 48.13 Bn | -86.25 Bn | -12.63 Bn | 97.00 Mn |
| 5 | Toyota Motor | 28.58 Bn | -348.98 Bn | 19.83 Bn | 1.49 Bn |
| 6 | Rivian Automotive | 20.00 Bn | -1.70 Bn | 176.00 Mn | -1.00 Mn |
| 7 | Magna International | 17.18 Bn | 11.48 Bn | 1.63 Bn | 152.00 Mn |
| 8 | Li Auto | 12.66 Bn | -36.22 Bn | 417.98 Mn | 35.90 Mn |
| 9 | Stellantis | 12.34 Bn | -148.56 Bn | 3.94 Bn | -113.89 Mn |
| 10 | Xpeng | 9.64 Bn | 9.64 Bn | 599.70 Mn | -10.91 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 152.00 Mn |
| 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 |
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();