Magna International (Magna International) Other Operating Expense

: $1,524 Mil (TTM As of Dec. 2023)

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Magna International's Other Operating Expense for the three months ended in Dec. 2023 was $403 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 was $1,524 Mil.

Magna International's quarterly Other Operating Expense increased from Jun. 2023 ($366 Mil) to Sep. 2023 ($390 Mil) and increased from Sep. 2023 ($390 Mil) to Dec. 2023 ($403 Mil).

Magna International's annual Other Operating Expense declined from Dec. 2021 ($1,512 Mil) to Dec. 2022 ($1,419 Mil) but then increased from Dec. 2022 ($1,419 Mil) to Dec. 2023 ($1,524 Mil).

Magna International Other Operating Expense Historical Data

The historical data trend for Magna International's Other Operating Expense 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.

* Premium members only.

Magna International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

1,345.00

1,366.00

1,512.00

1,419.00

1,524.00

Magna International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Operating Expense																349.00	365.00	366.00	390.00	403.00

Magna International Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,524 Mil.

Magna International Other Operating Expense Related Terms

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Magna International (Magna International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Magna International Inc (NYSE:MGA) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

MGA N:Mexico MGA:Germany 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%.