MGA (Magna International) Interest Expense: $-262 Mil (TTM As of Mar. 2026)

What is Magna International Interest Expense?

Magna International MGA +0.36% 77 Interest Expense is $-262 Mil as of Mar. 2026. GuruFocus rates MGA with a GF Score™ of 77/100 and a GF Value™ of $48.20 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Magna International's interest expense for the three months ended in Mar. 2026 was $ -37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-262 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Magna International's Operating Income for the three months ended in Mar. 2026 was $ 444 Mil. Magna International's Interest Expense for the three months ended in Mar. 2026 was $ -37 Mil. Magna International's Interest Coverage for the quarter that ended in Mar. 2026 was 12.00. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Magna International (NYSE:MGA) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Magna International's Interest Expense for the three months ended in Mar. 2026 was $-37 Mil. Its Operating Income for the three months ended in Mar. 2026 was $444 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $6,216 Mil.

Magna International's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	444	/	-37
	=	12.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Magna International Interest Expense Historical Data

* Premium members only.

The historical data trend for Magna International's Interest Expense can be seen below:

Magna International Interest Expense Chart

Magna International Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

Get a 7-Day Free Trial

-122.00

-126.00

-242.00

-309.00

-275.00

Magna International Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-50.00	-52.00	-65.00	-108.00	-37.00

77GF Score

Magna International Inc MGA

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Magna International Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-262 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-262 Mil mean?

Magna International (MGA) has a Interest Expense of $-262 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Magna International and its competitors.

Is Magna International's Interest Expense too high?

Magna International's current Interest Expense is $-262 Mil. Overall, Magna International has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Magna International's Interest Expense compare to ORLY and AZO?

Magna International's Interest Expense of $-262 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a Vehicles & Parts company?

A good Interest Expense depends on the Vehicles & Parts industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Magna International and its competitors. Magna International's current Interest Expense is $-262 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Magna International stock overvalued right now?

Based on GuruFocus' analysis, Magna International (MGA) is currently considered Significantly Overvalued. The stock's GF Value™ is $48.20, compared to a current price of $64.79 — trading 34.4% above its estimated fair value. The current Interest Expense is $-262 Mil. Magna International's overall GF Score™ is 77/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Magna International (MGA), the current Interest Expense is $-262 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Magna International (MGA) Overvalued in 2026?

Based on GuruFocus' analysis, Magna International stock appears to be overvalued. The current stock price of $64.79 is trading 34.4% above its estimated GF Value™ of $48.20. GuruFocus considers Magna International to be Significantly Overvalued.

Key valuation signals for MGA:

Interest Expense: $-262 Mil
GF Value™: $48.20 vs. price of $64.79 (34.4% above fair value)
GF Score™: 77/100 with 9 warning signs

No single metric tells the full story. See the MGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Magna International Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies TSX:LNR TSX:MRE TSX:XTC TSX:WPRT TSXV:HC TSXV:SSA XCNQ:ATHR ORLY TSE:5802 AZO TSE:6902 XKRX:012330 TSE:5108 XPAR:ML SHSE:600660 XTER:KBX XTER:CON NSE:MOTHERSON GPC BWA

Other Exchanges MGA:Germany MG:Canada

Address 337 Magna Drive, Aurora, ON, CAN, L4G 7K1

Website https://www.magna.com

Magna International prides itself on an entrepreneurial culture and a corporate constitution that outlines the distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2025, 48.6% of Magna's USD 42 billion of revenue came from North America, while Europe accounted for approximately 38% and Asia the remainder. The firm's top six customers constituted 75.9% of revenue, with the top three being GM, Mercedes, and Ford. GM was the largest contributor at 15.6%. Magna was founded in 1957, has about 144,000 employees, and is based in Aurora, Ontario.

77GF Score

Get the complete analysis for MGA

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$64.79

Price

$48.20

GF Value

View MGA Analysis

See Interest Expense data for all stocks →