Magna International (MGA) Tax Provisions (2009 - 2026)
Magna International (MGA) posted Tax Provisions of $88.0 million for Q1 2026, down 13.73% quarter-over-quarter from $102.0 million in Q2 2025, and up 22.22% year-on-year from $72.0 million in Q1 2025.
Magna International (MGA) Tax Provisions (2009 - 2026) Analysis & Trends
Magna International (MGA) has reported Tax Provisions for 18 consecutive years, with $88.0 million the latest figure, recorded in Q1 2026.
- Tax Provisions for Q1 2026 came in at $88.0 million, up 22.22% year-over-year; the trailing twelve-month figure through Mar 2026 was $361.0 million (up 89.01% YoY), and the FY2025 annual result was $425.0 million, down 4.71% from the prior year.
- Tax Provisions was $88.0 million for Q1 2026 at Magna International, down from $102.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $129.0 million in Q2 2023 and troughed at $8.0 million in Q1 2024.
- Average Tax Provisions over 5 years is $71.2 million, with a median of $72.0 million recorded in 2025.
- Year-over-year, Tax Provisions jumped 940.0% in 2022 and plunged 86.21% in 2024.
- Over 5 years, Tax Provisions stood at $35.0 million in 2022, then sank by 65.71% to $12.0 million in 2023, then soared by 725.0% to $99.0 million in 2024, then grew by 3.03% to $102.0 million in 2025, then retreated by 13.73% to $88.0 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $88.0 million in Q1 2026, $102.0 million in Q2 2025, and $72.0 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 186.00 Mn |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 171.78 Mn |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 88.00 Mn |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 56.86 Mn |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | - |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 73.00 Mn |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 81.00 Mn |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 60.00 Mn |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 8.30 Mn |
| 10 | Mobileye Global | 7.90 Bn | 6.68 Bn | 275.00 Mn | -64.00 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 |