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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |