Magnite (MGNI) Non-Current Deferred Tax Liability (2014 - 2024)

Magnite (MGNI) recorded quarterly Non-Current Deferred Tax Liability of $287000.0 in Q2 2024, little changed quarter-over-quarter from $288000.0 in Q1 2024, and down 94.67% on a YoY basis from $5.4 million in Q3 2023.

Magnite (MGNI) Non-Current Deferred Tax Liability (2014 - 2024) Analysis & Trends

Magnite's Non-Current Deferred Tax Liability history runs 10 years deep, the most recent figure standing at $287000.0 for Q2 2024.

  • In Q2 2024, Non-Current Deferred Tax Liability fell 94.67% year-over-year to $287000.0; the TTM figure through Jun 2024 stood at $287000.0 (down 94.67% YoY), while the FY2023 annual figure was $680000.0, down 86.59% from the prior year.
  • Non-Current Deferred Tax Liability was $287000.0 for Q2 2024 at Magnite, roughly flat from $288000.0 in the prior quarter.
  • In the past five years, Non-Current Deferred Tax Liability ranged from a high of $119.1 million in Q4 2021 to a low of $230000.0 in Q1 2021.
  • Historically, Non-Current Deferred Tax Liability has averaged $16.0 million across 5 years, with a median of $5.4 million in 2023.
  • Biggest YoY gain for Non-Current Deferred Tax Liability was 4903.91% in 2022; the steepest drop was 95.74% in 2022.
  • A 5-year view of Non-Current Deferred Tax Liability shows it stood at $27.7 million in 2020, then soared by 330.1% to $119.1 million in 2021, then sank by 95.74% to $5.1 million in 2022, then sank by 86.59% to $680000.0 in 2023, then slumped by 57.79% to $287000.0 in 2024.
  • The last three Non-Current Deferred Tax Liability figures came in at $287000.0 (Q2 2024), $288000.0 (Q1 2024), and $680000.0 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 AppLovin 175.91 Bn 173.15 Bn 1.78 Bn
2 Omnicom 22.52 Bn 18.86 Bn 1.04 Bn
3 Trade Desk 9.46 Bn 8.05 Bn 506.89 Mn
4 Wpp 2.71 Bn -875.81 Mn -
5 Nexxen International 2.36 Bn 2.23 Bn 70.41 Mn
6 Magnite 2.27 Bn 2.09 Bn 118.28 Mn
7 Ziff Davis 1.74 Bn 1.22 Bn 152.41 Mn
8 DoubleVerify Holdings 1.69 Bn 1.51 Bn 135.23 Mn
9 Stagwell 1.60 Bn 1.51 Bn 244.61 Mn
10 Clear Channel Outdoor Holdings 1.19 Bn 1.02 Bn 193.76 Mn

Historic Data

Download Data
DateValue
Jun 30, 2024 287,000.00
Jun 30, 2024 287,000.00
Mar 31, 2024 288,000.00
Mar 31, 2024 288,000.00
Dec 31, 2023 680,000.00
Dec 31, 2023 680,000.00
Sep 30, 2023 4.40 Mn
Sep 30, 2023 4.40 Mn
Jun 30, 2023 5.38 Mn
Jun 30, 2023 5.38 Mn
Mar 31, 2023 4.71 Mn
Mar 31, 2023 4.71 Mn
Dec 31, 2022 5.07 Mn
Dec 31, 2022 5.07 Mn
Sep 30, 2022 11.51 Mn
Sep 30, 2022 11.51 Mn
Jun 30, 2022 11.51 Mn
Jun 30, 2022 11.51 Mn
Mar 31, 2022 11.51 Mn
Mar 31, 2022 11.51 Mn