Magna International (MGA) Tax Rate (2009 - 2026)
Magna International (MGA) reported Tax Rate of 20.03% for the quarter ended Jun 30, 2026, down 0.53 percentage points from 20.56% a year earlier and down 81.12 percentage points from the prior quarter.
Magna International (MGA) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Magna International's Tax Rate came in at 39.44%, up 3.51 percentage points year-over-year; for the year ended Dec 31, 2025, it was 32.49%, up 3.57 percentage points from the prior year.
- Tax Rate has a five-year change of -0.21 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Tax Rate came in at 28.92% in the year ended Dec 31, 2024 (+9.00 pp), 19.93% in the year ended Dec 31, 2023 (-7.07 pp), 26.99% in the year ended Dec 31, 2022 (+6.72 pp) and 20.28% in the year ended Dec 31, 2021 (-12.43 pp).
- The figure for the quarter ended Jun 30, 2026 ranks as the lowest quarterly Tax Rate since the quarter ended Dec 31, 2023.
- Year over year, Tax Rate gained in six of the last eight quarters, with an average year-over-year change of +304.93 percentage points.
- The high point for year-over-year Tax Rate in five years was the quarter ended Dec 31, 2024 (a gain of 2157.89 percentage points); the low point was the quarter ended Jun 30, 2022 (a drop of 84.03 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 101.15% (quarter ended Mar 31, 2026), 2361.70% (quarter ended Dec 31, 2025) and 29.60% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,148.52 Bn | 983.08 Bn | 4.75 Bn | 15.12% |
| 2 | Toyota Motor | 242.17 Bn | -164.57 Bn | 20.95 Bn | 20.99% |
| 3 | Ferrari | 145.86 Bn | 138.30 Bn | 1.18 Bn | 23.00% |
| 4 | Honda Motor | 143.38 Bn | 10.76 Bn | 8.46 Bn | - |
| 5 | General Motors | 67.56 Bn | -37.30 Bn | 7.33 Bn | 13.65% |
| 6 | Ford Motor | 47.24 Bn | -95.23 Bn | 6.08 Bn | - |
| 7 | Rivian Automotive | 20.35 Bn | -2.94 Bn | 179.00 Mn | - |
| 8 | Magna International | 17.85 Bn | 15.41 Bn | 1.61 Bn | 20.03% |
| 9 | Stellantis | 12.63 Bn | -153.36 Bn | 5.55 Bn | 41.40% |
| 10 | Li Auto | 11.52 Bn | -42.48 Bn | 417.98 Mn | - |
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% |
| Mar 31, 2022 | 9.76% |
| Dec 31, 2021 | 17.01% |
| Sep 30, 2021 | 37.04% |
| Jun 30, 2021 | 19.26% |
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();