Magna Historical Income Statement

MGA Stock

USD 41.61 1.35 3.14%

Historical analysis of Magna International income statement accounts such as Gross Profit of 2.9 B can show how well Magna International performed in making a profits. Evaluating Magna International income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Magna International's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Magna International latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Magna International is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For information on how to trade Magna Stock refer to our How to Trade Magna Stock guide.

About Magna Income Statement Analysis

Magna International Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Magna International shareholders. The income statement also shows Magna investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Magna International Income Statement Chart

At present, Magna International's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 254.1 M, whereas Gross Profit is forecasted to decline to about 2.9 B.

Total Revenue Gross Profit Other Operating Expenses Operating Income

Total Revenue

Total revenue comprises all receipts Magna International generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Magna International minus its cost of goods sold. It is profit before Magna International operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Magna International. It is also known as Magna International overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Magna International operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Magna International is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Magna International's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Magna International current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For information on how to trade Magna Stock refer to our How to Trade Magna Stock guide.At present, Magna International's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 254.1 M, whereas Gross Profit is forecasted to decline to about 2.9 B.

	2021	2022	2023	2024 (projected)
Interest Expense	122M	126M	242M	254.1M
Depreciation And Amortization	1.8B	1.5B	1.8B	1.9B

Interest Expense Depreciation And Amortization

Magna International income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Minority Interest	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Tax Provision	Extraordinary Items	Net Interest Income	Interest Income	Research Development	Reconciled Depreciation
Depreciation And Amortization		0.84	0.81	0.5	0.82	0.31	0.26	0.74	0.82	0.59	0.1	-0.59	0.08	0.11	0.69	-0.01	0.73	0.07	-0.5	-0.78	-0.83	-0.35	0.72	0.79	0.84
Interest Expense	0.84		0.65	0.15	0.66	0.12	0.1	0.6	0.68	0.12	-0.05	-0.61	-0.09	-0.01	0.39	-0.13	0.73	-0.08	-0.81	-0.71	-0.76	-0.71	0.94	0.78	0.84
Total Revenue	0.81	0.65		0.76	1.0	0.67	0.65	0.93	1.0	0.72	0.54	-0.23	0.52	0.5	0.89	0.14	0.58	0.56	-0.39	-0.36	-0.56	-0.29	0.49	0.42	0.45
Gross Profit	0.5	0.15	0.76		0.74	0.92	0.89	0.83	0.72	0.93	0.82	0.14	0.81	0.78	0.88	0.5	0.46	0.76	0.27	-0.06	-0.4	0.32	-0.09	0.1	0.06
Other Operating Expenses	0.82	0.66	1.0	0.74		0.64	0.62	0.92	1.0	0.72	0.5	-0.26	0.49	0.47	0.89	0.11	0.58	0.53	-0.4	-0.39	-0.57	-0.3	0.5	0.43	0.47
Operating Income	0.31	0.12	0.67	0.92	0.64		0.99	0.83	0.62	0.71	0.94	0.32	0.92	0.93	0.73	0.62	0.44	0.84	0.22	0.18	-0.27	0.23	-0.14	-0.03	-0.14
Ebit	0.26	0.1	0.65	0.89	0.62	0.99		0.81	0.61	0.67	0.96	0.38	0.94	0.93	0.71	0.59	0.39	0.87	0.2	0.24	-0.22	0.21	-0.15	-0.09	-0.18
Ebitda	0.74	0.6	0.93	0.83	0.92	0.83	0.81		0.91	0.71	0.71	-0.06	0.69	0.71	0.81	0.38	0.69	0.66	-0.29	-0.23	-0.6	-0.17	0.37	0.35	0.35
Cost Of Revenue	0.82	0.68	1.0	0.72	1.0	0.62	0.61	0.91		0.68	0.49	-0.27	0.48	0.46	0.88	0.09	0.58	0.52	-0.44	-0.38	-0.56	-0.34	0.53	0.44	0.48
Total Operating Expenses	0.59	0.12	0.72	0.93	0.72	0.71	0.67	0.71	0.68		0.58	-0.05	0.58	0.54	0.86	0.35	0.42	0.55	0.3	-0.26	-0.45	0.39	-0.07	0.19	0.2
Income Before Tax	0.1	-0.05	0.54	0.82	0.5	0.94	0.96	0.71	0.49	0.58		0.6	0.99	0.95	0.59	0.59	0.27	0.95	0.25	0.43	-0.05	0.26	-0.27	-0.27	-0.31
Total Other Income Expense Net	-0.59	-0.61	-0.23	0.14	-0.26	0.32	0.38	-0.06	-0.27	-0.05	0.6		0.62	0.48	-0.12	0.27	-0.38	0.64	0.46	0.85	0.59	0.39	-0.63	-0.79	-0.69
Net Income	0.08	-0.09	0.52	0.81	0.49	0.92	0.94	0.69	0.48	0.58	0.99	0.62		0.92	0.59	0.57	0.22	0.96	0.27	0.46	-0.02	0.27	-0.3	-0.29	-0.33
Income Tax Expense	0.11	-0.01	0.5	0.78	0.47	0.93	0.93	0.71	0.46	0.54	0.95	0.48	0.92		0.52	0.65	0.38	0.86	0.22	0.37	-0.11	0.27	-0.27	-0.2	-0.3
Selling General Administrative	0.69	0.39	0.89	0.88	0.89	0.73	0.71	0.81	0.88	0.86	0.59	-0.12	0.59	0.52		0.15	0.42	0.58	-0.03	-0.3	-0.43	-0.02	0.23	0.35	0.3
Minority Interest	-0.01	-0.13	0.14	0.5	0.11	0.62	0.59	0.38	0.09	0.35	0.59	0.27	0.57	0.65	0.15		0.38	0.5	0.36	0.31	-0.28	0.4	-0.43	-0.04	-0.35
Discontinued Operations	0.73	0.73	0.58	0.46	0.58	0.44	0.39	0.69	0.58	0.42	0.27	-0.38	0.22	0.38	0.42	0.38		0.15	-0.33	-0.57	-0.85	-0.18	0.52	0.62	0.62
Net Income From Continuing Ops	0.07	-0.08	0.56	0.76	0.53	0.84	0.87	0.66	0.52	0.55	0.95	0.64	0.96	0.86	0.58	0.5	0.15		0.18	0.49	0.03	0.2	-0.26	-0.36	-0.33
Non Recurring	-0.5	-0.81	-0.39	0.27	-0.4	0.22	0.2	-0.29	-0.44	0.3	0.25	0.46	0.27	0.22	-0.03	0.36	-0.33	0.18		0.39	0.33	0.89	-0.87	-0.49	-0.58
Tax Provision	-0.78	-0.71	-0.36	-0.06	-0.39	0.18	0.24	-0.23	-0.38	-0.26	0.43	0.85	0.46	0.37	-0.3	0.31	-0.57	0.49	0.39		0.74	0.33	-0.7	-0.83	-0.91
Extraordinary Items	-0.83	-0.76	-0.56	-0.4	-0.57	-0.27	-0.22	-0.6	-0.56	-0.45	-0.05	0.59	-0.02	-0.11	-0.43	-0.28	-0.85	0.03	0.33	0.74		0.21	-0.58	-0.74	-0.76
Net Interest Income	-0.35	-0.71	-0.29	0.32	-0.3	0.23	0.21	-0.17	-0.34	0.39	0.26	0.39	0.27	0.27	-0.02	0.4	-0.18	0.2	0.89	0.33	0.21		-0.76	-0.45	-0.46
Interest Income	0.72	0.94	0.49	-0.09	0.5	-0.14	-0.15	0.37	0.53	-0.07	-0.27	-0.63	-0.3	-0.27	0.23	-0.43	0.52	-0.26	-0.87	-0.7	-0.58	-0.76		0.7	0.85
Research Development	0.79	0.78	0.42	0.1	0.43	-0.03	-0.09	0.35	0.44	0.19	-0.27	-0.79	-0.29	-0.2	0.35	-0.04	0.62	-0.36	-0.49	-0.83	-0.74	-0.45	0.7		0.8
Reconciled Depreciation	0.84	0.84	0.45	0.06	0.47	-0.14	-0.18	0.35	0.48	0.2	-0.31	-0.69	-0.33	-0.3	0.3	-0.35	0.62	-0.33	-0.58	-0.91	-0.76	-0.46	0.85	0.8

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Magna International Account Relationship Matchups

Magna International income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.3B	1.7B	1.8B	1.5B	1.8B	1.9B
Interest Expense	104M	105M	122M	126M	242M	254.1M
Total Revenue	39.4B	32.6B	36.2B	37.8B	43.6B	45.8B
Gross Profit	5.4B	4.4B	5.1B	4.7B	4.3B	2.9B
Other Operating Expenses	37.1B	31.2B	34.3B	36.3B	41.4B	43.5B
Operating Income	2.6B	1.7B	1.9B	1.7B	2.2B	1.2B
Ebit	2.6B	1.4B	1.9B	1.6B	2.2B	1.2B
Ebitda	3.9B	3.1B	3.6B	3.1B	4.0B	4.2B
Cost Of Revenue	34.0B	28.2B	31.1B	33.2B	39.3B	41.3B
Total Operating Expenses	3.0B	3.0B	3.2B	3.1B	2.1B	1.7B
Income Before Tax	2.2B	1.0B	1.9B	878M	1.6B	1.1B
Total Other Income Expense Net	(344M)	(689M)	110M	(829M)	(581.5M)	(552.4M)
Net Income	1.8B	757M	1.5B	592M	1.2B	791.8M
Income Tax Expense	591M	329M	395M	237M	325.9M	302.3M
Selling General Administrative	1.7B	1.6B	1.7B	1.7B	2.0B	1.3B
Net Income Applicable To Common Shares	1.8B	757M	1.5B	592M	680.8M	1.2B
Minority Interest	300M	350M	(39M)	(49M)	(62M)	(58.9M)
Net Income From Continuing Ops	1.6B	677M	1.6B	641M	1.1B	1.2B
Tax Provision	591M	329M	395M	237M	343M	416.4M
Net Interest Income	(82M)	(86M)	(78M)	(81M)	(120M)	(126M)
Interest Income	22M	19M	44M	45M	86M	90.3M
Research Development	654.9M	873.8M	628.4M	623.3M	877.8M	717.3M

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When determining whether Magna International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magna International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magna International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magna International Stock:

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For information on how to trade Magna Stock refer to our How to Trade Magna Stock guide.

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Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magna International. If investors know Magna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magna International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.08)

Dividend Share

1.885

Earnings Share

3.44

Revenue Per Share

150.227

Quarterly Revenue Growth

(0)

The market value of Magna International is measured differently than its book value, which is the value of Magna that is recorded on the company's balance sheet. Investors also form their own opinion of Magna International's value that differs from its market value or its book value, called intrinsic value, which is Magna International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magna International's market value can be influenced by many factors that don't directly affect Magna International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Magna International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magna International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magna International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Magna Historical Income Statement

About Magna Income Statement Analysis

Magna International Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Magna International income statement Correlations

Magna International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Magna International income statement Accounts

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Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 0.99	Operating Income
Net Income	+ 0.99	Income Before Tax
Income Before Tax	+ 0.96	Ebit

Reconciled Depreciation	- 0.91	Tax Provision
Interest Income	- 0.87	Non Recurring
Extraordinary Items	- 0.85	Discontinued Operations
Research Development	- 0.83	Tax Provision
Extraordinary Items	- 0.83	Depreciation And Amortization
Non Recurring	- 0.81	Interest Expense