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Magna International Inc
Previous close
$61.64
Day range
$61.30 - $63.46
Year range
$51.79 - $79.98
Market cap
18.12B CAD
Avg Volume
1.39M
P/E ratio
12.03
Dividend yield
4.25%
Market news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 10.28B | -3.82% |
Operating expense | 899.00M | 2.04% |
Net income | 484.00M | 22.84% |
Net profit margin | 4.71 | 27.64% |
Earnings per share | 1.28 | -12.33% |
EBITDA | 1.03B | 4.77% |
Effective tax rate | 27.43% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 1.06B | 3.82% |
Total assets | 32.79B | 3.52% |
Total liabilities | 20.10B | 0.90% |
Total equity | 12.69B | — |
Shares outstanding | 287.34M | — |
Price to book | 1.44 | — |
Return on assets | 4.27% | — |
Return on capital | 6.96% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 484.00M | 22.84% |
Cash from operations | 727.00M | -8.78% |
Cash from investing | -476.00M | 40.80% |
Cash from financing | -195.00M | 28.57% |
Net change in cash | 62.00M | 123.94% |
Free cash flow | 200.88M | 105.50% |
About
Magna International Inc. is a Canadian parts manufacturer for automakers. It is one of the largest companies in Canada and was recognized on the 2020 Forbes Global 2000. The company is the largest automobile parts manufacturer in North America by sales of original equipment parts; it has ranked consistently in the Fortune Global 500 list for 20 years in a row since 2001. It produces automotive systems, assemblies, modules, and components, which are supplied to General Motors, Ford and Stellantis, as well as BMW, Mercedes, Volkswagen, Toyota, Tesla, and Tata Motors, among others.
The company is headquartered in Aurora, Ontario, and its chief executive officer is Swamy Kotagiri. It has 158,000 employees in 342 manufacturing operations and 91 product development, engineering and sales centres in 27 countries. Magna is governed under a corporate constitution which calls for distribution of profits to employees and shareholders. The terms of this contract are a "fair enterprise system" according to company founder Frank Stronach. Wikipedia
Founded
1957
Headquarters
Website
Employees
162,000