Magna Historical Income Statement

MG Stock

CAD 50.05 3.72 6.92%

Historical analysis of Magna International income statement accounts such as Total Revenue of 51.7 B can show how well Magna International performed in making a profits. Evaluating Magna International income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Magna International's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Magna International latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Magna International is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.

About Magna Income Statement Analysis

Magna International Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Magna International shareholders. The income statement also shows Magna investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Magna International Income Statement Chart

At this time, Magna International's Operating Income is very stable compared to the past year. As of the 28th of March 2025, EBIT is likely to grow to about 2.7 B, while Income Before Tax is likely to drop about 1.1 B.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts Magna International generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Magna International minus its cost of goods sold. It is profit before Magna International operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Magna International. It is also known as Magna International overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Magna International's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Magna International current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.At this time, Magna International's Operating Income is very stable compared to the past year. As of the 28th of March 2025, EBIT is likely to grow to about 2.7 B, while Income Before Tax is likely to drop about 1.1 B.

	2022	2023	2024	2025 (projected)
Interest Expense	126M	242M	278.3M	292.2M
Depreciation And Amortization	1.6B	1.7B	2.0B	2.1B

Interest Expense Depreciation And Amortization

Magna International income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Minority Interest	Tax Provision	Extraordinary Items	Net Interest Income	Interest Income	Research Development	Reconciled Depreciation
Depreciation And Amortization		0.9	0.9	0.89	0.85	0.9	0.54	0.5	0.8	0.89	0.97	0.09	-0.27	0.07	0.07	0.72	0.06	-0.6	-0.15	-0.77	-0.8	-0.61	0.83	0.79	0.83
Interest Expense	0.9		0.76	0.73	0.69	0.74	0.4	0.39	0.68	0.73	0.82	-0.07	0.0	-0.1	-0.07	0.69	-0.11	-0.74	-0.25	-0.74	-0.73	-0.84	0.96	0.84	0.88
Selling General Administrative	0.9	0.76		0.98	0.94	0.99	0.7	0.7	0.89	0.98	0.98	0.34	-0.16	0.33	0.29	0.54	0.37	-0.57	-0.11	-0.5	-0.55	-0.57	0.68	0.59	0.62
Total Revenue	0.89	0.73	0.98		0.98	1.0	0.8	0.78	0.95	1.0	0.97	0.45	-0.22	0.44	0.41	0.61	0.47	-0.5	0.02	-0.45	-0.59	-0.48	0.61	0.53	0.56
Gross Profit	0.85	0.69	0.94	0.98		0.97	0.88	0.86	0.98	0.97	0.94	0.57	-0.23	0.55	0.54	0.67	0.55	-0.45	0.16	-0.38	-0.62	-0.41	0.55	0.49	0.51
Other Operating Expenses	0.9	0.74	0.99	1.0	0.97		0.77	0.76	0.93	1.0	0.98	0.42	-0.22	0.4	0.37	0.6	0.44	-0.51	-0.01	-0.47	-0.6	-0.49	0.63	0.55	0.58
Operating Income	0.54	0.4	0.7	0.8	0.88	0.77		0.98	0.92	0.78	0.67	0.84	-0.2	0.82	0.84	0.57	0.78	-0.22	0.47	0.01	-0.41	-0.15	0.21	0.16	0.13
Ebit	0.5	0.39	0.7	0.78	0.86	0.76	0.98		0.92	0.77	0.64	0.86	-0.13	0.84	0.82	0.5	0.84	-0.24	0.37	0.08	-0.32	-0.19	0.23	0.08	0.12
Ebitda	0.8	0.68	0.89	0.95	0.98	0.93	0.92	0.92		0.94	0.88	0.64	-0.21	0.61	0.6	0.67	0.61	-0.44	0.19	-0.3	-0.58	-0.4	0.54	0.41	0.46
Cost Of Revenue	0.89	0.73	0.98	1.0	0.97	1.0	0.78	0.77	0.94		0.97	0.43	-0.22	0.42	0.38	0.59	0.45	-0.51	0.0	-0.46	-0.59	-0.49	0.62	0.54	0.56
Total Operating Expenses	0.97	0.82	0.98	0.97	0.94	0.98	0.67	0.64	0.88	0.97		0.27	-0.23	0.25	0.23	0.65	0.27	-0.56	-0.09	-0.62	-0.69	-0.55	0.73	0.68	0.71
Income Before Tax	0.09	-0.07	0.34	0.45	0.57	0.42	0.84	0.86	0.64	0.43	0.27		-0.1	0.99	0.95	0.27	0.95	0.22	0.58	0.4	-0.05	0.21	-0.24	-0.22	-0.23
Total Other Income Expense Net	-0.27	0.0	-0.16	-0.22	-0.23	-0.22	-0.2	-0.13	-0.21	-0.22	-0.23	-0.1		-0.06	-0.15	-0.24	-0.01	-0.18	-0.02	0.34	0.26	-0.28	0.04	-0.04	-0.11
Net Income	0.07	-0.1	0.33	0.44	0.55	0.4	0.82	0.84	0.61	0.42	0.25	0.99	-0.06		0.92	0.22	0.96	0.24	0.56	0.42	-0.02	0.23	-0.26	-0.24	-0.25
Income Tax Expense	0.07	-0.07	0.29	0.41	0.54	0.37	0.84	0.82	0.6	0.38	0.23	0.95	-0.15	0.92		0.36	0.86	0.18	0.66	0.38	-0.08	0.27	-0.27	-0.22	-0.28
Discontinued Operations	0.72	0.69	0.54	0.61	0.67	0.6	0.57	0.5	0.67	0.59	0.65	0.27	-0.24	0.22	0.36		0.15	-0.31	0.33	-0.58	-0.85	-0.29	0.52	0.61	0.58
Net Income From Continuing Ops	0.06	-0.11	0.37	0.47	0.55	0.44	0.78	0.84	0.61	0.45	0.27	0.95	-0.01	0.96	0.86	0.15		0.16	0.51	0.47	0.04	0.19	-0.25	-0.32	-0.31
Non Recurring	-0.6	-0.74	-0.57	-0.5	-0.45	-0.51	-0.22	-0.24	-0.44	-0.51	-0.56	0.22	-0.18	0.24	0.18	-0.31	0.16		0.33	0.36	0.3	0.68	-0.76	-0.44	-0.55
Minority Interest	-0.15	-0.25	-0.11	0.02	0.16	-0.01	0.47	0.37	0.19	0.0	-0.09	0.58	-0.02	0.56	0.66	0.33	0.51	0.33		0.37	-0.21	0.46	-0.48	-0.2	-0.43
Tax Provision	-0.77	-0.74	-0.5	-0.45	-0.38	-0.47	0.01	0.08	-0.3	-0.46	-0.62	0.4	0.34	0.42	0.38	-0.58	0.47	0.36	0.37		0.75	0.51	-0.74	-0.87	-0.89
Extraordinary Items	-0.8	-0.73	-0.55	-0.59	-0.62	-0.6	-0.41	-0.32	-0.58	-0.59	-0.69	-0.05	0.26	-0.02	-0.08	-0.85	0.04	0.3	-0.21	0.75		0.34	-0.58	-0.74	-0.7
Net Interest Income	-0.61	-0.84	-0.57	-0.48	-0.41	-0.49	-0.15	-0.19	-0.4	-0.49	-0.55	0.21	-0.28	0.23	0.27	-0.29	0.19	0.68	0.46	0.51	0.34		-0.87	-0.67	-0.69
Interest Income	0.83	0.96	0.68	0.61	0.55	0.63	0.21	0.23	0.54	0.62	0.73	-0.24	0.04	-0.26	-0.27	0.52	-0.25	-0.76	-0.48	-0.74	-0.58	-0.87		0.79	0.9
Research Development	0.79	0.84	0.59	0.53	0.49	0.55	0.16	0.08	0.41	0.54	0.68	-0.22	-0.04	-0.24	-0.22	0.61	-0.32	-0.44	-0.2	-0.87	-0.74	-0.67	0.79		0.91
Reconciled Depreciation	0.83	0.88	0.62	0.56	0.51	0.58	0.13	0.12	0.46	0.56	0.71	-0.23	-0.11	-0.25	-0.28	0.58	-0.31	-0.55	-0.43	-0.89	-0.7	-0.69	0.9	0.91

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Magna International Account Relationship Matchups

Magna International income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	1.4B	1.5B	1.6B	1.7B	2.0B	2.1B
Interest Expense	105M	122M	126M	242M	278.3M	292.2M
Selling General Administrative	1.6B	1.7B	1.7B	2.1B	2.4B	2.5B
Total Revenue	32.6B	36.2B	37.8B	42.8B	49.2B	51.7B
Gross Profit	4.4B	5.1B	4.7B	5.6B	6.5B	6.8B
Other Operating Expenses	31.2B	34.3B	36.3B	40.8B	46.9B	49.2B
Operating Income	1.7B	1.9B	1.7B	2.2B	2.6B	2.7B
Ebit	1.1B	2.1B	1.6B	2.2B	2.6B	2.7B
Ebitda	2.5B	3.6B	3.2B	4.0B	4.6B	4.8B
Cost Of Revenue	28.2B	31.1B	33.2B	37.2B	42.8B	44.9B
Total Operating Expenses	3.0B	3.2B	3.1B	3.6B	4.1B	4.3B
Income Before Tax	1.0B	1.9B	878M	1.6B	1.8B	1.1B
Total Other Income Expense Net	(689M)	(846M)	(1.5B)	(276M)	(248.4M)	(260.8M)
Net Income	757M	1.5B	592M	1.2B	1.4B	791.8M
Income Tax Expense	329M	395M	237M	320M	368M	302.1M
Net Income From Continuing Ops	677M	1.6B	641M	1.3B	1.2B	1.2B
Net Income Applicable To Common Shares	1.8B	757M	1.5B	592M	532.8M	506.2M
Minority Interest	350M	(39M)	(49M)	(73M)	(65.7M)	(62.4M)
Tax Provision	329M	395M	237M	320M	288M	414.3M
Net Interest Income	(86M)	(78M)	(81M)	(156M)	(140.4M)	(147.4M)
Interest Income	19M	44M	45M	86M	98.9M	103.8M
Research Development	830M	634M	649M	862M	991.3M	712.9M
Reconciled Depreciation	1.4B	1.5B	1.4B	1.5B	1.8B	1.5B

Pair Trading with Magna International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Magna International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Magna International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Magna Stock

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Pair Corr

Moving against Magna Stock

0.64	ELF	E L Financial	Pair Corr
0.64	FFH-PH	Fairfax Financial	Pair Corr
0.58	FFH-PG	Fairfax Fin Hld	Pair Corr
0.57	FFH-PK	Fairfax Financial	Pair Corr
0.54	FFH-PF	Fairfax Financial	Pair Corr

The ability to find closely correlated positions to Magna International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magna International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Magna International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Magna International to buy it.

The correlation of Magna International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Magna International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magna International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Magna International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Magna International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magna International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magna International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magna International Stock:

How To Invest In Magna

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Is Magna Stock a good investment?

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What is Magna International's Net Worth?

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To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.

You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Please note, there is a significant difference between Magna International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magna International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magna International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Magna Historical Income Statement

About Magna Income Statement Analysis

Magna International Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Magna International income statement Correlations

Magna International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Magna International income statement Accounts

Pair Trading with Magna International

Moving together with Magna Stock

Moving against Magna Stock

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Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Other Operating Expenses	+ 0.99	Selling General Administrative
Net Income	+ 0.99	Income Before Tax
Total Revenue	+ 0.98	Selling General Administrative

Reconciled Depreciation	- 0.89	Tax Provision
Interest Income	- 0.87	Net Interest Income
Research Development	- 0.87	Tax Provision
Extraordinary Items	- 0.85	Discontinued Operations
Net Interest Income	- 0.84	Interest Expense
Extraordinary Items	- 0.8	Depreciation And Amortization