MAGNA INTERNATIONAL INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data MAGNA INTERNATIONAL INC files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	36,445	38,946	40,827	39,431	32,647	36,242	37,840	42,797	42,836	42,010
Cost of revenue	31,123	30,895	35,055	34,022	28,207	31,097	33,188	37,185	37,037	36,021
Gross profit	5,322	8,051	5,772	5,409	4,440	5,145	4,652	5,612	5,799	5,989
Research and development	460	522	588	640	830	634	649	862	874	792
Selling, general and administrative	1,601	1,668	1,664	1,697	1,587	1,717	1,660	2,050	2,061	2,221
Interest expense	100	90	113	104	105	122	126	242	309	275
Other non-operating income	-30	-39	-63	-240	-584	-38	-703	-388	-464	-736
Pre-tax income	2,780	2,985	2,951	2,223	1,006	1,948	878	1,606	1,542	1,308
Income tax	706	741	619	591	329	395	237	320	446	425
Income from continuing operations	2,074	2,255
Net income to minority interests	43	48	36	-133	-80	39	49	73	87	54
Net income	2,031	2,196	2,296	1,765	757	1,514	592	1,213	1,009	829
EPS, basic	5.19	5.91	6.65	5.61	2.52	5.04	2.04	4.24	3.52	2.94
EPS, diluted	5.16	5.87	6.61	5.59	2.52	5.00	2.03	4.23	3.52	2.93
Shares, basic (weighted)	391	372	345	315	300	301	290	286	287	282
Shares, diluted (weighted)	393	374	348	316	300	303	291	287	287	283
Dividend per share	1.00	1.10	1.32	1.46	1.60	1.72	1.80	1.84	1.90	1.94

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	974	726	684	1,276	3,268	2,948	1,234	1,198	1,247	1,612
Receivables	6,165	6,695	6,548	5,927	6,394	6,307	6,791	7,881	7,376	7,593
Inventory	2,804	3,542	3,403	3,304	3,444	3,969	4,180	4,606	4,151	4,126
Other current assets	220	237	193	238	260	278	320	352	344	407
Total current assets	10,163	11,200	11,834	10,745	13,366	13,502	12,525	14,037	13,118	13,738
Property, plant and equipment	7,022	8,176	8,095	8,260	8,475	8,293	8,173	9,618	9,584	9,507
Lease right-of-use assets				1,811	1,906	1,700	1,595	1,744	1,941	1,928
Goodwill	1,923	2,099	1,979	1,976	2,095	2,122	2,031	2,767	2,674	2,512
Intangible assets	621	650	560	484	481	493	452	876	738	490
Long-term investments	1,850	2,079	2,189	1,210	947	1,593	1,429	1,273	1,045	1,103
Other non-current assets	719	1,026	988	996	963	962	1,093	1,319	1,120	1,275
Total assets	22,566	25,468	25,945	25,790	28,605	29,086	27,789	32,255	31,039	31,417
Accounts payable	5,430	6,283	6,094	5,628	6,266	6,465	6,999	7,842	7,194	6,895
Accrued liabilities	768	836	769	753	815	851	850	912	867	888
Deferred revenue		0	176	199	214	273	347	570	301	454
Short-term debt	139	108	201	106	129	455	654	819	708	27
Total current liabilities	8,695	9,243	10,304	8,529	9,743	10,401	10,998	13,234	12,097	10,989
Long-term debt	2,394	3,195	3,084	3,062	3,973	3,538	2,847	4,175	4,134	4,685
Lease liabilities				1,601	1,656	1,406	1,288	1,319	1,662	1,649
Other non-current liabilities	298	326	400	371	332	376	461	475	396	399
Total liabilities	12,347	13,756	14,786	14,659	16,885	16,861	16,454	19,978	19,099	18,578
Total debt	2,533	3,303	3,285	3,168	4,102	3,993	3,501	4,994	4,842	4,712
Paid-in capital	105	119	120	127	128	102	111	125	149	142
Retained earnings	7,318	8,074	8,376	8,596	8,704	9,231	8,639	9,303	9,598	9,765
Other comprehensive income	-1,451	-600	-1,175	-1,090	-733	-900	-1,114	-898	-1,584	-766
Shareholders' equity	9,768	11,210	10,701	10,831	11,370	11,836	10,935	11,884	11,522	12,493
Minority interests	451	502	458	300	350	389	400	393	418	346
Total equity	10,219	11,715	11,134	11,131	11,720	12,225	11,335	12,277	11,940	12,839
Total liabilities and equity	22,566	25,468	25,945	25,790	28,605	29,086	27,789	32,255	31,039	31,417

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	2,074	2,244	2,332	1,632	677	1,553	641	1,286	1,096	883
Depreciation and amortization	1,056	1,184	1,278	1,345	1,366	1,512	1,373	1,436	1,510	1,547
Deferred income tax	20	-6	28	7	17	-76	-220	-261	-110	-41
Change in receivables	-446	-292	-351	629	-42	114	-798	-819	454	835
Change in inventory	-159	-397	-92	104	37	-653	-448	-196	153	248
Change in payables	562	512	265	-519	274	160	812	609	-357	-697
Cash from operations	3,266	3,346	3,718	3,960	3,278	2,940	2,095	3,149	3,634	3,598
Capital expenditures	-1,807	-1,875	-1,650	-1,441	-1,145	-1,372	-1,681	-2,500	-2,178	-1,313
Acquisitions	-1,810		-148	-147			-3	-1,504	-86	-1
Purchases of investments			-220
Cash from investing	-3,957	-2,145	-2,276	-434	-1,400	-2,283	-2,038	-4,503	-2,592	-1,700
Debt issued	282	752	172	47	854	55	54	2,083	778	1,048
Debt repaid	-417	-110	-171	-149	-140	-121	-456	-644	-815	-1,397
Share buybacks	-904	-1,271	-1,831	-1,289	-203	-517	-780	-13	-207	-137
Dividends paid	-385	-400	-448	-449	-467	-514	-514	-522	-539	-544
Cash from financing	-1,020	-1,554	-1,443	-2,947	81	-1,106	-1,733	1,337	-989	-1,532
Exchange rate effect	16	24	-36	11	23	23	-38	-19	-4	-1
Net change in cash	-1,695	-329	-37	590	1,982	-426	-1,714	-36	49	365
Free cash flow	1,459	1,471	2,068	2,519	2,133	1,568	414	649	1,456	2,285
Interest paid	99	88	115	103	104	122	128	242	309	270
Income taxes paid	707	782	665	484	336	341	560	546	499	610

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $65.00 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	14.3%	Gross profit / revenue.
Pre-tax margin	3.1%	Pre-tax income / revenue.
Net margin	2.0%	Net income / revenue.
FCF margin	5.4%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	8.6%	Cash from operations / revenue.
Effective tax rate	32.5%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	6.9%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	2.7%	Net income / average total assets.
R&D / revenue	1.9%	Research and development expense / revenue.
SG&A / revenue	5.3%	Selling, general and administrative expense / revenue.
Capex / revenue	3.1%	Capital expenditures / revenue.
D&A / revenue	3.7%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	-1.9%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	3.5%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	5.2%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	3.3%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	8.8%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	6.2%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	-17.8%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	11.9%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	1.8%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	-16.8%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	13.0%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	3.1%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-1.0%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	19.8%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	1.9%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	56.9%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	76.7%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	1.4%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	2.1%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	2.5%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	3.9%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	8.4%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	4.5%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	1.9%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	1.2%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	4.2%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	1.9%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	-1.5%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-1.0%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-1.2%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.25x	Current assets / current liabilities.
Quick ratio	0.84x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.15x	(Cash + short-term investments) / current liabilities.
Debt / equity	0.38x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	15.0%	Total debt / total assets.
Liabilities / assets	59.1%	Total liabilities / total assets.
Net debt	$3.10B	Total debt - cash - short-term investments. Negative means more cash than debt.
Working capital	$2.75B	Current assets - current liabilities.
Goodwill and intangibles / assets	9.6%	(Goodwill + intangible assets) / total assets.
Tangible book value	$9.49B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	1.35x	Revenue / average total assets.
Fixed asset turnover	4.40x	Revenue / average property, plant and equipment.
Inventory turnover	8.70x	Cost of revenue / average inventory.
Days inventory	42 days	365 x average inventory / cost of revenue.
Receivables turnover	5.61x	Revenue / average receivables.
Days sales outstanding	65 days	365 x average receivables / revenue.
Days payables	71 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	36 days	Days inventory + days sales outstanding - days payables.
FCF conversion	275.6%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	36.5%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$2.93	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic	$2.94	Net income per basic share, as reported (split-adjusted).
Revenue per share	$148.71	Revenue / diluted weighted shares.
FCF per share	$8.09	Free cash flow / diluted weighted shares.
Operating cash flow per share	$12.74	Cash from operations / diluted weighted shares.
Book value per share	$44.22	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$33.60	Tangible book value / shares outstanding.
Cash per share	$5.71	(Cash + short-term investments) / shares outstanding.
Dividend per share	$1.94	Dividend declared per common share (paid, when declared is not tagged).
Payout ratio	65.6%	Dividends paid / net income, when net income is positive.
Dividends / FCF	23.8%	Dividends paid / free cash flow, when free cash flow is positive.
Buybacks / FCF	6.0%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$17.25B	Share price x shares outstanding.
Enterprise value	$20.35B	Market cap + total debt - cash - short-term investments.
P/E	20.8x	Market cap / net income. Only when net income is positive.
P/S	0.41x	Market cap / revenue.
P/B	1.38x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	1.82x	Market cap / tangible book value, when positive.
P/FCF	7.55x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	4.80x	Market cap / cash from operations, when positive.
EV/Sales	0.48x	Enterprise value / revenue.
EV/FCF	8.91x	Enterprise value / free cash flow, when both are positive.
FCF yield	13.2%	Free cash flow / market cap.
Earnings yield	4.8%	Net income / market cap (the inverse of P/E).
Dividend yield	3.2%	Dividends paid over the period / market cap.
Shareholder yield	3.9%	(Dividends paid + share buybacks) / market cap.
PEG	1.60x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was MAGNA INTERNATIONAL INC's revenue in fiscal 2025?

MAGNA INTERNATIONAL INC reported revenue of $42.01B for fiscal 2025, 1.9% lower than the year before.

Was MAGNA INTERNATIONAL INC profitable in fiscal 2025?

Yes. Net income was $829.0M, a net margin of 2%.

How much free cash flow did MAGNA INTERNATIONAL INC generate in fiscal 2025?

Cash from operations of $3.60B minus capital expenditures of $1.31B left free cash flow of $2.29B.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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