Mag Magna (MGNC) Gross Margin (2023 - 2025)
Mag Magna (MGNC) posted quarterly Gross Margin of 44.8% for Q1 2025, down 5520.0% year-over-year from 0.83% in Q1 2024, and down 23.06% quarter-over-quarter from 58.22% in Q4 2024.
Mag Magna (MGNC) Gross Margin (2023 - 2025) Analysis & Trends
Mag Magna (MGNC) has reported Gross Margin for 3 consecutive years, with 44.8% the latest figure, recorded in Q1 2025.
- In Q1 2025, Gross Margin fell 5520.0% year-over-year to 44.8%; the TTM figure through Apr 2025 stood at 47.54% (changed N/A YoY), while the FY2025 annual figure was 47.54%, down 5246.0% from the prior year.
- Gross Margin slipped to 44.8% in Q1 2025 per MGNC's latest filing, from 58.22% in the prior quarter.
- Across five years, Gross Margin topped out at 100.0% in Q4 2023 and bottomed at 44.8% in Q1 2025.
- Historically, Gross Margin has averaged 77.23% across 3 years, with a median of 83.13% in 2024.
- Annual changes were most pronounced in 2024 — Gross Margin slumped 4178 bps — and 2025, when it tumbled 5520 bps.
- Mag Magna's Gross Margin stood at 100.0% in 2023, then plunged by 42 bps to 58.22% in 2024, then decreased by 23 bps to 44.8% in 2025.
- Business Quant data shows MGNC's Gross Margin at 44.8% in Q1 2025, 58.22% in Q4 2024, and 83.13% in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 39.70 Bn | 30.13 Bn | 1.94 Bn | 8.53% |
| 2 | Bunge Global | 22.60 Bn | 21.96 Bn | 1.68 Bn | 6.99% |
| 3 | Tyson Foods | 16.47 Bn | 15.73 Bn | 921.00 Mn | 6.64% |
| 4 | Cal-Maine Foods | 3.91 Bn | 3.80 Bn | 34.07 Mn | 6.16% |
| 5 | Del Monte | 1.49 Bn | 1.45 Bn | 121.30 Mn | 9.95% |
| 6 | Dole | 1.27 Bn | 975.26 Mn | 195.30 Mn | 7.81% |
| 7 | Adecoagro | 1.11 Bn | 885.33 Mn | 97.80 Mn | 24.53% |
| 8 | Vital Farms | 455.33 Mn | 434.00 Mn | 10.93 Mn | 6.58% |
| 9 | Village Farms International | 299.19 Mn | 226.26 Mn | 29.97 Mn | 46.85% |
| 10 | Mag Magna | 3.23 Mn | 3.20 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2025 | 44.80% |
| Oct 31, 2024 | 58.22% |
| Jul 31, 2024 | 83.13% |
| Jan 31, 2024 | 100.00% |
| Oct 31, 2023 | 100.00% |