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Magna International (TSX:MG) Pre-Tax Income : C$2,122 Mil (TTM As of Dec. 2024)


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What is Magna International Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Magna International's pretax income for the three months ended in Dec. 2024 was C$543 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2024 was C$2,122 Mil. Magna International's pretax margin was 3.58%.

During the past 13 years, Magna International's highest Pretax Margin was 8.25%. The lowest was 2.32%. And the median was 5.51%.


Magna International Pre-Tax Income Historical Data

The historical data trend for Magna International's Pre-Tax Income 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 Pre-Tax Income Chart

Magna International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,288.59 2,493.44 1,192.76 2,154.61 2,196.89

Magna International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 415.90 46.02 585.20 948.22 542.81

Competitive Comparison of Magna International's Pre-Tax Income

For the Auto Parts subindustry, Magna International's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Magna International's Pre-Tax Income Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Magna International's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Magna International's Pre-Tax Income falls into.


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Magna International Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Magna International's Pretax Income for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=3014.665+-517.166+-440.232+139.621+-0.00099999999974898
=2,197

Magna International's Pretax Income for the quarter that ended in Dec. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=877.615+-260.72+-213.705+0+139.621
=543

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2,122 Mil.

* 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.


Magna International  (TSX:MG) Pre-Tax Income Explanation

Magna International's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=542.811/15141.712
=3.58%

During the past 13 years, Magna International's highest Pretax Margin was 8.25%. The lowest was 2.32%. And the median was 5.51%.

* 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.


Magna International Pre-Tax Income Related Terms

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Magna International Business Description

Traded in Other Exchanges
Address
337 Magna Drive, Aurora, ON, CAN, L4G 7K1
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 2024, 48% of Magna's USD 42.8 billion of revenue came from North America, while Europe accounted for approximately 37% and Asia the remainder. The firm's top six customers constituted 72.9% of revenue, with the top three being GM, Mercedes, and Ford. GM was the largest contributor at 15.4%. Magna was founded in 1957, has over 170,000 employees, and is based in Aurora, Ontario.
Executives
Patrick William David Mccann Senior Officer
Seetarama Swamy Kotagiri Director, Senior Officer
Bruce Cluney Senior Officer
Uwe Paul-ernst Geissinger Senior Officer
Peter Guy Bowie Director
Vincent Joseph Galifi Senior Officer
Magna International Inc. Issuer
Aaron David Mccarthy Senior Officer
Boris Shulkin Senior Officer
Eric Jon Wilds Wilds Senior Officer
Anton Mayer Senior Officer
Mary Lou Maher Director
Matteo Del Sorbo Senior Officer
Tommy Joseph Skudutis Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Guenther Friedrich Apfalter Senior Officer