Magna International (STU:MGA) Net Income From Continuing Operations : €1,015 Mil (TTM As of Mar. 2024)

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What is Magna International Net Income From Continuing Operations?

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Magna International's net income from continuing operations for the three months ended in Mar. 2024 was €24 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Mar. 2024 was €1,015 Mil.

Magna International Net Income From Continuing Operations Historical Data

The historical data trend for Magna International's Net Income From Continuing Operations can be seen below:

* 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.

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Magna International Net Income From Continuing Operations Chart

Magna International Annual Data

Trend

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Net Income From Continuing Operations

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1,468.80

556.49

1,374.41

605.10

1,179.26

Magna International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Income From Continuing Operations	Get a 7-Day Free Trial															202.68	326.74	390.73	273.27	23.92

Magna International Net Income From Continuing Operations Calculation

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Net Income From Continuing Operations for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,015 Mil.

Magna International (STU:MGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Magna International Inc (STU:MGA) » Definitions » Net Income From Continuing Operations

Comparable Companies

Traded in Other Exchanges

MGA:USA MGA N:Mexico MGA:Germany MG:Canada

Address

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

Website

https://www.magna.com

Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines 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 2022, roughly 50% of Magna's revenue came from North America while Europe accounted for approximately 38%.