Magna International Inc. (T:MG)
Business Focus: Auto, Truck & Motorcycle Parts (NEC)
| This company is also listed in the United States as MGA on the NYSE. Click here to get the live US quote and see if there are any SEC insider filings.. |
| Sector: Consumer Cyclicals | Industry: Auto, Truck & Motorcycle Parts |
| Company Contact | |
| Address: | 337 Magna Drive AURORA ON L4G 7K1 |
| Tel: | N/A |
| Website: | https://www.magna.com |
| IR: | See website |
| Key People | ||
| Seetarama S. Kotagiri Chief Executive Officer, Director | Uwe Geissinger Executive Vice President, President of Magna | Patrick W.D. Mccann Chief Financial Officer, Executive Vice President |
| John H. Farrell President - Cosma, Exteriors and Seating | Tom J. Rucker President - MPT, MML, Electronics and Complete Vehicles | Aaron D. Mccarthy Chief Human Resource Officer, Executive Vice President |
| Boris Shulkin Executive Vice President, Chief Digital and Information Officer | Eric Jon Wilds Executive Vice President, Chief Sales and Marketing Officer | Bruce R. Cluney Executive Vice President, Chief Legal Officer | Matteo Del Sorbo Executive Vice-President, Magna New Mobility |
| Business Overview |
| Magna International Inc. is a Canada-based global automotive supplier. The Company has complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting, and roof systems. Its Veoneer Active Safety provides sensor, software and systems engineering solutions to a range of customers. The Company's segments include Body Exteriors & Structures; Power & Vision; Seating Systems; and Complete Vehicles. Its Body Exteriors & Structures include body structures, chassis structures, exterior, energy storage systems and other. Its Power & Vision products include electrified powertrain technologies, powertrain subsystems and other. Its Complete Vehicles consist of complete vehicle engineering and complete vehicle manufacturing. The Company's global network includes 341 manufacturing operations and 88 product development. |
| Financial Overview |
| For the three months ended 31 March 2024, Magna International Inc revenues increased 3% to $10.97B. Net income decreased 96% to $9M. Revenues reflect Power & vision segment increase of 16% to $3.78B, Body Exteriors and Structures segment increase of 1% to $4.36B. Net income was offset by Interest expense, net increase from $20M to $51M (expense), Selling, general and administrative increase of 6% to $516M (expense). |
| Employees: | 179,000 as of Mar 31, 2024 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $24,216M as of Mar 31, 2024 |
| Annual revenue (TTM): | $58,970M as of Mar 31, 2024 |
| EBITDA (TTM): | $5,000M as of Mar 31, 2024 |
| Net annual income (TTM): | $1,386M as of Mar 31, 2024 |
| Free cash flow (TTM): | $123.16M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $6,423M as of Mar 31, 2024 |
| Shares outstanding: | 287,280,095 as of Mar 31, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.