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
DateValue
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