Magna International (MGA) Tax Rate (2009 - 2026)

Magna International (MGA) reported Tax Rate of 101.15% for Q1 2026, up 6915.0% on a YoY basis from 1.44% in Q1 2025, and up 391.86% quarter-over-quarter from 20.56% in Q2 2025.

Magna International (MGA) Tax Rate (2009 - 2026) Analysis & Trends

Magna International has reported Tax Rate for 18 years, with the latest figure at 101.15% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 6915.0% year-over-year to 101.15%; the trailing twelve-month figure through Mar 2026 stood at 18.88% (up 821.0% YoY), and the FY2025 full-year result was 45.31%, changed N/A from the prior year.
  • Tax Rate for Q1 2026 stood at 101.15%, up from 20.56% in the prior quarter.
  • The five-year high for Tax Rate was 101.15% in Q1 2026, with the low at 64.77% in Q2 2022.
  • Historically, Tax Rate has averaged 21.97% across 5 years, with a median of 23.19% in 2024.
  • Annual changes were most pronounced in 2022 — Tax Rate tumbled 8403 bps — and 2023, when it surged 9148 bps.
  • Magna International's Tax Rate stood at 26.0% in 2022, then dropped by 13 bps to 22.49% in 2023, then advanced by 3 bps to 23.19% in 2024, then fell by 11 bps to 20.56% in 2025, then jumped by 392 bps to 101.15% in 2026.
  • The last three Tax Rate figures came in at 101.15% (Q1 2026), 20.56% (Q2 2025), and 32.0% (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 O Reilly Automotive 76.00 Bn 75.75 Bn 2.35 Bn 22.55%
2 Autozone 51.46 Bn 51.20 Bn 2.52 Bn 21.12%
3 Modine Manufacturing 15.07 Bn 14.98 Bn 186.10 Mn -21.56%
4 Borgwarner 14.88 Bn 15.05 Bn 677.00 Mn 22.26%
5 Genuine Parts 14.73 Bn 14.25 Bn 2.34 Bn 23.17%
6 Aptiv 13.96 Bn 10.89 Bn 920.00 Mn 28.42%
7 Aurora Innovation 11.93 Bn 10.71 Bn -5.00 Mn -
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 101.15%
9 Allison Transmission Holdings 10.06 Bn 9.75 Bn 406.00 Mn 15.15%
10 Autoliv 9.12 Bn 8.77 Bn 526.00 Mn 29.70%

Historic Data

Download Data
DateValue
Mar 31, 2026 101.15%
Mar 31, 2026 101.15%
Jun 30, 2025 20.56%
Jun 30, 2025 20.56%
Mar 31, 2025 32.00%
Mar 31, 2025 32.00%
Jun 30, 2024 23.19%
Jun 30, 2024 23.19%
Mar 31, 2024 23.53%
Mar 31, 2024 23.53%
Sep 30, 2023 22.49%
Sep 30, 2023 22.49%
Jun 30, 2023 26.71%
Jun 30, 2023 26.71%
Mar 31, 2023 21.09%
Mar 31, 2023 21.09%
Sep 30, 2022 26.00%
Sep 30, 2022 26.00%
Jun 30, 2022 -64.77%
Jun 30, 2022 -64.77%