Magna Intern Financials

MGA

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2024 Currency USD FYE December

This page shows Magna Intern (MGA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 40/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Magna Intern's revenue grew a modest 0.1% year-over-year to $42.8B. This slow but positive growth earns a score of 29/100.

Leverage

Magna Intern carries a low D/E ratio of 0.36, meaning only $0.36 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Magna Intern's current ratio of 1.08 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 23/100, which could limit financial flexibility.

Cash Flow

Magna Intern's free cash flow margin of 3.4% results in a low score of 17/100. Capital expenditures of $2.2B absorb a large share of operating cash flow.

Returns

Magna Intern's ROE of 8.8% shows moderate profitability relative to equity, earning a score of 35/100. This is down from 10.2% the prior year.

Piotroski F-Score Strong

7/9

Magna Intern passes 7 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

3.60x

For every $1 of reported earnings, Magna Intern generates $3.60 in operating cash flow ($3.6B OCF vs $1.0B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Revenue

$42.8B

YoY+0.1%

5Y CAGR+1.7%

10Y CAGR+2.2%

Magna Intern generated $42.8B in revenue in fiscal year 2024. This represents an increase of 0.1% from the prior year.

EBITDA

N/A

Free Cash Flow

$1.5B

YoY+124.3%

5Y CAGR-10.4%

10Y CAGR+0.9%

Magna Intern generated $1.5B in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 124.3% from the prior year.

Net Income

$1.0B

YoY-16.8%

5Y CAGR-10.6%

10Y CAGR-6.0%

Magna Intern reported $1.0B in net income in fiscal year 2024. This represents a decrease of 16.8% from the prior year.

EPS (Diluted)

$3.52

YoY-16.8%

5Y CAGR-8.8%

10Y CAGR-2.1%

Magna Intern earned $3.52 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 16.8% from the prior year.

Cash & Debt

$1.2B

YoY+4.1%

5Y CAGR-0.5%

10Y CAGR-0.0%

Magna Intern held $1.2B in cash against $4.1B in long-term debt as of fiscal year 2024.

Dividends Per Share

$1.90

YoY+3.3%

5Y CAGR+5.4%

10Y CAGR+9.6%

Magna Intern paid $1.90 per share in dividends in fiscal year 2024. This represents an increase of 3.3% from the prior year.

Shares Outstanding

283M

YoY-1.3%

5Y CAGR-1.4%

Magna Intern had 283M shares outstanding in fiscal year 2024. This represents a decrease of 1.3% from the prior year.

Gross Margin

13.5%

YoY+0.4pp

5Y CAGR-0.2pp

10Y CAGR-0.8pp

Magna Intern's gross margin was 13.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.4 percentage points from the prior year.

Operating Margin

N/A

Net Margin

2.4%

YoY-0.5pp

5Y CAGR-2.1pp

10Y CAGR-3.1pp

Magna Intern's net profit margin was 2.4% in fiscal year 2024, showing the share of revenue converted to profit. This is down 0.5 percentage points from the prior year.

Return on Equity

8.8%

YoY-1.4pp

5Y CAGR-7.5pp

10Y CAGR-13.0pp

Magna Intern's ROE was 8.8% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1.4 percentage points from the prior year.

R&D Spending

$874.0M

YoY+1.4%

5Y CAGR+6.4%

Magna Intern invested $874.0M in research and development in fiscal year 2024. This represents an increase of 1.4% from the prior year.

Share Buybacks

$207.0M

YoY+1492.3%

5Y CAGR-30.6%

10Y CAGR-19.4%

Magna Intern spent $207.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 1492.3% from the prior year.

Capital Expenditures

$2.2B

YoY-12.9%

5Y CAGR+8.6%

10Y CAGR+3.8%

Magna Intern invested $2.2B in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 12.9% from the prior year.

MGA Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$42.8B+0.1%	$42.8B+13.1%	$37.8B+4.4%	$36.2B+11.0%	$32.6B-17.2%	$39.4B
Cost of Revenue	$37.0B-0.4%	$37.2B+12.0%	$33.2B+6.7%	$31.1B+10.2%	$28.2B-17.1%	$34.0B
Gross Profit	$5.8B+3.3%	$5.6B+20.6%	$4.7B-9.6%	$5.1B+15.9%	$4.4B-17.9%	$5.4B
R&D Expenses	$874.0M+1.4%	$862.0M+32.8%	$649.0M+2.4%	$634.0M-23.6%	$830.0M+29.7%	$640.0M
SG&A Expenses	$2.1B+0.5%	$2.0B+23.5%	$1.7B-3.3%	$1.7B+8.2%	$1.6B-6.5%	$1.7B
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$309.0M+27.7%	$242.0M+92.1%	$126.0M+3.3%	$122.0M+16.2%	$105.0M+1.0%	$104.0M
Income Tax	$446.0M+39.4%	$320.0M+35.0%	$237.0M-40.0%	$395.0M+20.1%	$329.0M-44.3%	$591.0M
Net Income	$1.0B-16.8%	$1.2B+104.9%	$592.0M-60.9%	$1.5B+100.0%	$757.0M-57.1%	$1.8B
EPS (Diluted)	$3.52-16.8%	$4.23+108.4%	$2.03-59.4%	$5.00+98.4%	$2.52-54.9%	$5.59

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q4'17
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

MGA Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$31.0B-3.8%	$32.3B+16.1%	$27.8B-4.5%	$29.1B+1.7%	$28.6B+10.9%	$25.8B
Current Assets	$13.1B-6.5%	$14.0B+12.1%	$12.5B-7.2%	$13.5B+1.0%	$13.4B+24.4%	$10.7B
Cash & Equivalents	$1.2B+4.1%	$1.2B-2.9%	$1.2B-58.1%	$2.9B-9.8%	$3.3B+156.1%	$1.3B
Inventory	$4.2B-9.9%	$4.6B+10.2%	$4.2B+5.3%	$4.0B+15.2%	$3.4B+4.2%	$3.3B
Accounts Receivable	$7.4B-6.4%	$7.9B+16.1%	$6.8B+7.7%	$6.3B-1.4%	$6.4B+7.9%	$5.9B
Goodwill	$2.7B-3.4%	$2.8B+36.2%	$2.0B-4.3%	$2.1B+1.3%	$2.1B+6.0%	$2.0B
Total Liabilities	$19.1B-4.4%	$20.0B+21.4%	$16.5B-2.4%	$16.9B-0.1%	$16.9B+15.2%	$14.7B
Current Liabilities	$12.1B-8.6%	$13.2B+20.3%	$11.0B+5.7%	$10.4B+6.8%	$9.7B+14.2%	$8.5B
Long-Term Debt	$4.1B-1.0%	$4.2B+46.6%	$2.8B-19.5%	$3.5B-10.9%	$4.0B+29.8%	$3.1B
Total Equity	$11.5B-3.0%	$11.9B+8.7%	$10.9B-7.6%	$11.8B+4.1%	$11.4B+5.0%	$10.8B
Retained Earnings	$9.6B+3.2%	$9.3B+7.7%	$8.6B-6.4%	$9.2B+6.1%	$8.7B+1.3%	$8.6B

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q4'17
Total Assets	$31.0B-3.8%	$32.3B+16.1%	$27.8B-4.5%	$29.1B+1.7%	$28.6B+10.9%	$25.8B-0.6%	$25.9B+1.9%	$25.5B
Current Assets	$13.1B-6.5%	$14.0B+12.1%	$12.5B-7.2%	$13.5B+1.0%	$13.4B+24.4%	$10.7B-9.2%	$11.8B+5.7%	$11.2B
Cash & Equivalents	$1.2B+4.1%	$1.2B-2.9%	$1.2B-58.1%	$2.9B-9.8%	$3.3B+156.1%	$1.3B+86.5%	$684.0M-5.8%	$726.0M
Inventory	$4.2B-9.9%	$4.6B+10.2%	$4.2B+5.3%	$4.0B+15.2%	$3.4B+4.2%	$3.3B-2.9%	$3.4B-3.9%	$3.5B
Accounts Receivable	$7.4B-6.4%	$7.9B+16.1%	$6.8B+7.7%	$6.3B-1.4%	$6.4B+7.9%	$5.9B-9.5%	$6.5B-2.2%	$6.7B
Goodwill	$2.7B-3.4%	$2.8B+36.2%	$2.0B-4.3%	$2.1B+1.3%	$2.1B+6.0%	$2.0B-0.2%	$2.0B-5.7%	$2.1B
Total Liabilities	$19.1B-4.4%	$20.0B+21.4%	$16.5B-2.4%	$16.9B-0.1%	$16.9B+15.2%	$14.7B-0.9%	$14.8B+7.5%	$13.8B
Current Liabilities	$12.1B-8.6%	$13.2B+20.3%	$11.0B+5.7%	$10.4B+6.8%	$9.7B+14.2%	$8.5B-17.2%	$10.3B+11.5%	$9.2B
Long-Term Debt	$4.1B-1.0%	$4.2B+46.6%	$2.8B-19.5%	$3.5B-10.9%	$4.0B+29.8%	$3.1B-0.7%	$3.1B-3.5%	$3.2B
Total Equity	$11.5B-3.0%	$11.9B+8.7%	$10.9B-7.6%	$11.8B+4.1%	$11.4B+5.0%	$10.8B+1.2%	$10.7B-4.5%	$11.2B
Retained Earnings	$9.6B+3.2%	$9.3B+7.7%	$8.6B-6.4%	$9.2B+6.1%	$8.7B+1.3%	$8.6B+2.6%	$8.4B+3.7%	$8.1B

MGA Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$3.6B+15.4%	$3.1B+50.3%	$2.1B-28.7%	$2.9B-10.3%	$3.3B-17.2%	$4.0B
Capital Expenditures	$2.2B-12.9%	$2.5B+48.7%	$1.7B+22.5%	$1.4B+19.8%	$1.1B-20.5%	$1.4B
Free Cash Flow	$1.5B+124.3%	$649.0M+56.8%	$414.0M-73.6%	$1.6B-26.5%	$2.1B-15.3%	$2.5B
Investing Cash Flow	-$2.6B+42.4%	-$4.5B-121.0%	-$2.0B+10.7%	-$2.3B-63.1%	-$1.4B-222.6%	-$434.0M
Financing Cash Flow	-$989.0M-174.0%	$1.3B+177.1%	-$1.7B-56.7%	-$1.1B-1465.4%	$81.0M+102.7%	-$2.9B
Dividends Paid	$539.0M+3.3%	$522.0M+1.6%	$514.0M0.0%	$514.0M+10.1%	$467.0M+4.0%	$449.0M
Share Buybacks	$207.0M+1492.3%	$13.0M-98.3%	$780.0M+50.9%	$517.0M+154.7%	$203.0M-84.3%	$1.3B

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q4'17
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

MGA Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	13.5%+0.4pp	13.1%+0.8pp	12.3%-1.9pp	14.2%+0.6pp	13.6%-0.1pp	13.7%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	2.4%-0.5pp	2.8%+1.3pp	1.6%-2.6pp	4.2%+1.9pp	2.3%-2.2pp	4.5%
Return on Equity	8.8%-1.4pp	10.2%+4.8pp	5.4%-7.4pp	12.8%+6.1pp	6.7%-9.6pp	16.3%
Return on Assets	3.3%-0.5pp	3.8%+1.6pp	2.1%-3.1pp	5.2%+2.6pp	2.6%-4.2pp	6.8%
Current Ratio	1.08+0.0	1.06-0.1	1.14-0.2	1.30-0.1	1.37+0.1	1.26
Debt-to-Equity	0.360.0	0.35+0.1	0.26-0.0	0.30-0.1	0.35+0.1	0.28
FCF Margin	3.4%+1.9pp	1.5%+0.4pp	1.1%-3.2pp	4.3%-2.2pp	6.5%+0.1pp	6.4%

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q4'17
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	1.08+0.0	1.06-0.1	1.14-0.2	1.30-0.1	1.37+0.1	1.26+0.1	1.15-0.1	1.21
Debt-to-Equity	0.360.0	0.35+0.1	0.26-0.0	0.30-0.1	0.35+0.1	0.280.0	0.290.0	0.28
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Similar Companies

Mobileye Global Inc. MBLY

$7.7B

$18.1B

$20.5B

$13.0B

$9.3B

Frequently Asked Questions

What is Magna Intern's annual revenue?

Magna Intern (MGA) reported $42.8B in total revenue for fiscal year 2024. This represents a 0.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Magna Intern's revenue growing?

Magna Intern (MGA) revenue grew by 0.1% year-over-year, from $42.8B to $42.8B in fiscal year 2024.

Is Magna Intern profitable?

Yes, Magna Intern (MGA) reported a net income of $1.0B in fiscal year 2024, with a net profit margin of 2.4%.

What is Magna Intern's earnings per share (EPS)?

Magna Intern (MGA) reported diluted earnings per share of $3.52 for fiscal year 2024. This represents a -16.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

How much debt does Magna Intern have?

As of fiscal year 2024, Magna Intern (MGA) had $1.2B in cash and equivalents against $4.1B in long-term debt.

What is Magna Intern's gross margin?

Magna Intern (MGA) had a gross margin of 13.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Magna Intern's net profit margin?

Magna Intern (MGA) had a net profit margin of 2.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Magna Intern pay dividends?

Yes, Magna Intern (MGA) paid $1.90 per share in dividends during fiscal year 2024.

What is Magna Intern's return on equity (ROE)?

Magna Intern (MGA) has a return on equity of 8.8% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Magna Intern's free cash flow?

Magna Intern (MGA) generated $1.5B in free cash flow during fiscal year 2024. This represents a 124.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Magna Intern's operating cash flow?

Magna Intern (MGA) generated $3.6B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Magna Intern's total assets?

Magna Intern (MGA) had $31.0B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Magna Intern's capital expenditures?

Magna Intern (MGA) invested $2.2B in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does Magna Intern spend on research and development?

Magna Intern (MGA) invested $874.0M in research and development during fiscal year 2024.

Does Magna Intern buy back shares?

Yes, Magna Intern (MGA) spent $207.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Magna Intern have outstanding?

Magna Intern (MGA) had 283M shares outstanding as of fiscal year 2024.

What is Magna Intern's current ratio?

Magna Intern (MGA) had a current ratio of 1.08 as of fiscal year 2024, which is considered adequate.

What is Magna Intern's debt-to-equity ratio?

Magna Intern (MGA) had a debt-to-equity ratio of 0.36 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Magna Intern's return on assets (ROA)?

Magna Intern (MGA) had a return on assets of 3.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Magna Intern's Piotroski F-Score?

Magna Intern (MGA) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Magna Intern's earnings high quality?

Magna Intern (MGA) has an earnings quality ratio of 3.60x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Magna Intern?

Magna Intern (MGA) scores 40 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.