Magna International (MGA) financial statements
Magna International reported revenue of $42.0B in fiscal 2025, up 1.6% a year over 9 years.
Net income was $829M.
Free cash flow was $2.3B, and the company returned $544M in dividends and $137M in net buybacks.
The diluted share count fell 28% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Magna International's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $36.4B | $36.6B | $40.8B | $39.4B | $32.6B | $36.2B | $37.8B | $42.8B | $42.8B | $42.0B |
| Cost of revenue | $31.1B | $30.9B | $35.1B | $34.0B | $28.2B | $31.1B | $33.2B | $37.2B | $37.0B | $36.0B |
| Gross profit | $5.3B | $5.7B | $5.8B | $5.4B | $4.4B | $5.1B | $4.7B | $5.6B | $5.8B | $6.0B |
| Research and development | $460M | $522M | $588M | $640M | $830M | $634M | $649M | $862M | $874M | $792M |
| Selling, general and admin | $1.6B | $1.7B | $1.7B | $1.7B | $1.6B | $1.7B | $1.7B | $2.0B | $2.1B | $2.2B |
| Interest expense | $100M | $90M | $113M | $104M | $105M | $122M | $126M | $242M | $309M | $275M |
| Pre-tax income | $2.8B | $3.0B | $3.0B | $2.2B | $1.0B | $1.9B | $878M | $1.6B | $1.5B | $1.3B |
| Income tax | $706M | $741M | $619M | $591M | $329M | $395M | $237M | $320M | $446M | $425M |
| Net income | $2.0B | $2.2B | $2.3B | $1.8B | $757M | $1.5B | $592M | $1.2B | $1.0B | $829M |
| EPS (diluted) | $5.16 | $5.87 | $6.61 | $5.59 | $2.52 | $5.00 | $2.03 | $4.23 | $3.52 | $2.93 |
| Diluted shares | 393M | 374M | 348M | 316M | 300M | 303M | 291M | 287M | 287M | 282M |
| Gross margin | 14.6% | 15.6% | 14.1% | 13.7% | 13.6% | 14.2% | 12.3% | 13.1% | 13.5% | 14.3% |
| Net margin | 5.6% | 6.0% | 5.6% | 4.5% | 2.3% | 4.2% | 1.6% | 2.8% | 2.4% | 2.0% |
Balance sheet
Fiscal years, from Magna International's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $974M | $726M | $684M | $1.3B | $3.3B | $2.9B | $1.2B | $1.2B | $1.2B | $1.6B |
| Receivables | $6.2B | $6.7B | $6.5B | $5.9B | $6.4B | $6.3B | $6.8B | $7.9B | $7.4B | $7.6B |
| Inventory | $2.8B | $3.5B | $3.4B | $3.3B | $3.4B | $4.0B | $4.2B | $4.6B | $4.2B | $4.1B |
| Total current assets | $10.2B | $11.2B | $11.8B | $10.7B | $13.4B | $13.5B | $12.5B | $14.0B | $13.1B | $13.7B |
| Property, plant and equipment | $7.0B | $8.2B | $8.1B | $8.3B | $8.5B | $8.3B | $8.2B | $9.6B | $9.6B | $9.5B |
| Goodwill | $1.9B | $2.1B | $2.0B | $2.0B | $2.1B | $2.1B | $2.0B | $2.8B | $2.7B | $2.5B |
| Total assets | $22.6B | $25.5B | $25.9B | $25.8B | $28.6B | $29.1B | $27.8B | $32.3B | $31.0B | $31.4B |
| Total current liabilities | $8.7B | $9.2B | $10.3B | $8.5B | $9.7B | $10.4B | $11.0B | $13.2B | $12.1B | $11.0B |
| Long-term debt | $2.4B | $3.2B | $3.1B | $3.1B | $4.0B | $3.5B | $2.8B | $4.2B | $4.1B | $4.7B |
| Total liabilities | $12.3B | $13.8B | $14.8B | $14.7B | $16.9B | $16.9B | $16.5B | $20.0B | $19.1B | $18.6B |
| Shareholders' equity | $9.8B | $11.2B | $10.7B | $10.8B | $11.4B | $11.8B | $10.9B | $11.9B | $11.5B | $12.5B |
| Net debt | $1.6B | $2.6B | $2.6B | $1.9B | $834M | $1.0B | $2.3B | $3.8B | $3.6B | $3.1B |
Cash flow
Fiscal years, from Magna International's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $3.3B | $3.3B | $3.7B | $4.0B | $3.3B | $2.9B | $2.1B | $3.1B | $3.6B | $3.6B |
| Capital spending | $1.8B | $1.9B | $1.6B | $1.4B | $1.1B | $1.4B | $1.7B | $2.5B | $2.2B | $1.3B |
| Free cash flow | $1.5B | $1.5B | $2.1B | $2.5B | $2.1B | $1.6B | $414M | $649M | $1.5B | $2.3B |
| Dividends paid | $385M | $400M | $448M | $449M | $467M | $514M | $514M | $522M | $539M | $544M |
| Share buybacks (net) | -$904M | -$1.3B | -$1.8B | -$1.3B | -$203M | -$517M | -$780M | -$13M | -$207M | -$137M |
| Net borrowing | $251M | $112M | $867M | -$1.2B | $683M | -$167M | -$391M | $1.9B | -$219M | -$667M |
| Free cash flow margin | 4.0% | 4.0% | 5.1% | 6.4% | 6.5% | 4.3% | 1.1% | 1.5% | 3.4% | 5.4% |
| Dividends per share | $0.98 | $1.07 | $1.29 | $1.42 | $1.55 | $1.70 | $1.77 | $1.82 | $1.88 | $1.93 |
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Open MGA in InvestinglyQuestions
What was Magna International's revenue in 2025?
$42.0B in fiscal 2025, from its 10-K filing.
How much free cash flow does Magna International generate?
$2.3B in fiscal 2025 (operating cash flow minus capital spending).
From Magna International's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.