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

Magna International (MGA) has reported Tax Rate for 18 consecutive years, with 101.15% the latest figure, recorded in Q1 2026.

• Tax Rate for Q1 2026 came in at 101.15%, up 6915.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 18.88% (up 821.0% YoY), and the FY2025 annual result was 45.31%, changed N/A from the prior year.
• Tax Rate was 101.15% for Q1 2026 at Magna International, up from 20.56% in the prior quarter.
• Over five years, Tax Rate peaked at 101.15% in Q1 2026 and troughed at 64.77% in Q2 2022.
• Average Tax Rate over 5 years is 20.23%, with a median of 22.84% recorded in 2023.
• Year-over-year, Tax Rate sank 8403 bps in 2022 and jumped 9148 bps in 2023.
• Over 5 years, Tax Rate stood at 26.0% in 2022, then plunged by 96 bps to 1.02% in 2023, then surged by 2179 bps to 23.19% in 2024, then slipped by 11 bps to 20.56% in 2025, then jumped by 392 bps to 101.15% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 101.15% in Q1 2026, 20.56% in Q2 2025, and 32.0% in Q1 2025.