Mag Magna (MGNC) Return on Assets [ROA] (2024 - 2026)
Mag Magna's Return on Assets [ROA] was -24.65% in fiscal Q3 2026 (quarter ended Jan 31, 2026), up 39.90 percentage points from -64.55% a year earlier and up 82.35 percentage points from the prior quarter.
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Analysis
Mag Magna (MGNC) Return on Assets [ROA] (2024 - 2026) Analysis & Trends
For FY2025 (ended Apr 30, 2025), Return on Assets [ROA] at Mag Magna came in at -45.23%, up 52.63 percentage points from FY2024.
- In earlier fiscal years, Return on Assets [ROA] was -97.86% in FY2024.
- The fiscal Q3 2026 figure marks the highest quarterly Return on Assets [ROA] in data going back to fiscal Q4 2024.
- Compared with a year earlier, Return on Assets [ROA] was higher in two of the last four quarters, with an average year-over-year change of +1.76 percentage points.
- Per Business Quant data, MGNC's Return on Assets [ROA] in the three fiscal quarters before Q3 2026 was -107.00% (Q2 2026), -97.22% (Q1 2026) and -44.98% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 24.66% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 15.21% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 3.02% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 7.74% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 16.10% |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 24.54% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 8.97% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 1.88% |
| 10 | Mag Magna | 3.35 Mn | 3.31 Mn | - | -24.65% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | -24.65% |
| Oct 31, 2025 | -107.00% |
| Jul 31, 2025 | -97.22% |
| Apr 30, 2025 | -44.98% |
| Jan 31, 2025 | -64.55% |
| Oct 31, 2024 | -65.09% |
| Jul 31, 2024 | -69.59% |
| Apr 30, 2024 | -81.67% |
API Access
Mag Magna Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=MGNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "MGNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=MGNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();