Magna International MGA
NYSE MGA
$65.46 -1.10 (-1.65%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Magna International's (MGA) quarterly Tax Rate came in at 20.03% in Q2 2026, down 53.0% on a YoY basis from 42.62% in Q2 2025, and down 80.19% quarter-over-quarter from 101.15% in Q1 2026.

Analysis

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

Magna International (MGA) has reported Tax Rate for 18 consecutive years, with 20.03% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Tax Rate fell 53.0% year-over-year to 20.03%; the trailing twelve-month figure through Jun 2026 stood at 39.44% (up 351.0% YoY), and the FY2025 full-year result was 32.49%, up 357.0% from the prior year.
  • Tax Rate fell to 20.03% in Q2 2026 per MGA's latest filing, from 101.15% in the prior quarter.
  • Across five years, Tax Rate topped out at 2361.7% in Q4 2025 and bottomed at 64.77% in Q2 2022.
  • Historically, Tax Rate has averaged 270.56% across 5 years, with a median of 23.75% in 2022.
  • The sharpest annual moves came in 2022 and 2024: Tax Rate plunged 8403 bps in 2022, then jumped 215789 bps in 2024.
  • Over 5 years, Tax Rate stood at 23.97% in 2022, then plunged by 84 bps to 3.87% in 2023, then surged by 55746 bps to 2161.76% in 2024, then increased by 9 bps to 2361.7% in 2025, then slumped by 99 bps to 20.03% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 20.03%, 101.15%, and 2361.7% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Magna International 18.47 Bn 17.04 Bn 1.61 Bn 20.03%
2 Autoliv 8.85 Bn 8.47 Bn 509.00 Mn 34.42%
3 Lear 6.38 Bn 5.38 Bn 470.30 Mn 20.13%
4 Gentex 4.73 Bn 4.49 Bn 241.00 Mn 16.55%
5 Dorman Products 3.78 Bn 3.65 Bn 251.23 Mn 24.00%
6 Dauch 1.65 Bn 764.38 Mn 338.20 Mn 91.48%
7 Adient 1.44 Bn 511.09 Mn 235.00 Mn 20.18%
8 Xpel 1.34 Bn 1.30 Bn 63.14 Mn 21.63%
9 Standard Motor Products 870.49 Mn 870.49 Mn 164.62 Mn 27.32%
10 Cooper-Standard Holdings 447.14 Mn 320.56 Mn 83.76 Mn -40.24%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 20.03%
Mar 31, 2026 101.15%
Dec 31, 2025 2,361.70%
Sep 30, 2025 29.60%
Jun 30, 2025 20.56%
Mar 31, 2025 32.00%
Dec 31, 2024 2,161.76%
Sep 30, 2024 27.43%
Jun 30, 2024 23.19%
Mar 31, 2024 23.53%
Dec 31, 2023 3.87%
Sep 30, 2023 22.49%
Jun 30, 2023 26.71%
Mar 31, 2023 21.09%
Dec 31, 2022 23.97%
Sep 30, 2022 26.00%
Jun 30, 2022 -64.77%
Mar 31, 2022 9.76%
Dec 31, 2021 17.01%
Sep 30, 2021 37.04%