Magna International (MGA) Tax Rate (2009 - 2026)
Magna International (MGA) reported Tax Rate of 27.54% for Q3 2026, down 2.06 percentage points from 29.60% a year earlier but up 7.50 percentage points from the prior quarter.
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Analysis
Magna International (MGA) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Magna International's Tax Rate came in at 34.84%, up 5.57 percentage points year-over-year; for FY2025, it was 32.49%, up 3.57 percentage points from FY2024.
- Tax Rate has a five-year change of -0.21 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 28.92% in FY2024 (+9.00 pp), 19.93% in FY2023 (-7.07 pp), 26.99% in FY2022 (+6.72 pp) and 20.28% in FY2021 (-12.43 pp).
- Five-year quarterly Tax Rate spans a low of 3.87% in Q4 2023 and a high of 101.15% in Q1 2026.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of +21.01 percentage points.
- The high point for year-over-year Tax Rate in five years was Q1 2026 (a gain of 69.15 percentage points); the low point was Q4 2023 (a drop of 20.10 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 20.03% (Q2 2026), 101.15% (Q1 2026) and 97.37% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,221.71 Bn | 1,043.93 Bn | 5.49 Bn | 15.90% |
| 2 | General Motors | 77.93 Bn | -26.68 Bn | 9.28 Bn | 14.33% |
| 3 | Ferrari | 74.00 Bn | 67.46 Bn | - | - |
| 4 | Ford Motor | 49.18 Bn | -85.24 Bn | 7.38 Bn | 4.52% |
| 5 | Toyota Motor | 28.58 Bn | -344.44 Bn | - | - |
| 6 | Rivian Automotive | 20.30 Bn | -1.42 Bn | 176.00 Mn | - |
| 7 | Magna International | 17.50 Bn | 12.21 Bn | - | - |
| 8 | Stellantis | 12.66 Bn | -174.61 Bn | - | - |
| 9 | Li Auto | 12.65 Bn | -27.40 Bn | - | - |
| 10 | Xpeng | 9.67 Bn | -1.28 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 27.54% |
| Jun 30, 2026 | 20.03% |
| Mar 31, 2026 | 101.15% |
| Dec 31, 2025 | 97.37% |
| Sep 30, 2025 | 29.60% |
| Jun 30, 2025 | 20.56% |
| Mar 31, 2025 | 32.00% |
| Dec 31, 2024 | 38.58% |
| 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% |
| Mar 31, 2022 | 9.76% |
| Dec 31, 2021 | 4.93% |
| Sep 30, 2021 | 37.04% |
API Access
Magna International Tax Rate 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-rate&ticker=MGA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=MGA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();