Magna International (MGA) Tax Rate (2009 - 2026)
Magna International (MGA) reported Tax Rate of 101.15% for Q1 2026, up 6915.0% on a YoY basis from 1.44% in Q1 2025, and up 391.86% quarter-over-quarter from 20.56% in Q2 2025.
Magna International (MGA) Tax Rate (2009 - 2026) Analysis & Trends
Magna International has reported Tax Rate for 18 years, with the latest figure at 101.15% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 6915.0% year-over-year to 101.15%; the trailing twelve-month figure through Mar 2026 stood at 18.88% (up 821.0% YoY), and the FY2025 full-year result was 45.31%, changed N/A from the prior year.
- Tax Rate for Q1 2026 stood at 101.15%, up from 20.56% in the prior quarter.
- The five-year high for Tax Rate was 101.15% in Q1 2026, with the low at 64.77% in Q2 2022.
- Historically, Tax Rate has averaged 21.97% across 5 years, with a median of 23.19% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate tumbled 8403 bps — and 2023, when it surged 9148 bps.
- Magna International's Tax Rate stood at 26.0% in 2022, then dropped by 13 bps to 22.49% in 2023, then advanced by 3 bps to 23.19% in 2024, then fell by 11 bps to 20.56% in 2025, then jumped by 392 bps to 101.15% in 2026.
- The last three Tax Rate figures came in at 101.15% (Q1 2026), 20.56% (Q2 2025), and 32.0% (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | 22.55% |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | 21.12% |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | -21.56% |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | 22.26% |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 23.17% |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 28.42% |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | - |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 101.15% |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 15.15% |
| 10 | Autoliv | 9.12 Bn | 8.77 Bn | 526.00 Mn | 29.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 101.15% |
| Mar 31, 2026 | 101.15% |
| Jun 30, 2025 | 20.56% |
| Jun 30, 2025 | 20.56% |
| Mar 31, 2025 | 32.00% |
| Mar 31, 2025 | 32.00% |
| Jun 30, 2024 | 23.19% |
| Jun 30, 2024 | 23.19% |
| Mar 31, 2024 | 23.53% |
| Mar 31, 2024 | 23.53% |
| Sep 30, 2023 | 22.49% |
| Sep 30, 2023 | 22.49% |
| Jun 30, 2023 | 26.71% |
| Jun 30, 2023 | 26.71% |
| Mar 31, 2023 | 21.09% |
| Mar 31, 2023 | 21.09% |
| Sep 30, 2022 | 26.00% |
| Sep 30, 2022 | 26.00% |
| Jun 30, 2022 | -64.77% |
| Jun 30, 2022 | -64.77% |