Magna International Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $42.01B | $42.84B | $42.80B | $37.84B | $36.24B | $32.65B | $39.43B | $40.83B |
| Cost of Revenue | $36.02B | $37.04B | $37.19B | $33.19B | $31.10B | $28.21B | $34.02B | $35.06B |
| Gross Profit | $5.99B | $5.80B | $5.61B | $4.65B | $5.15B | $4.44B | $5.41B | $5.77B |
| Gross Margin | 14.3% | 13.5% | 13.1% | 12.3% | 14.2% | 13.6% | 13.7% | 14.1% |
| Operating Expenses | ||||||||
| Research & Development | $792.0M | $874.0M | $862.0M | $649.0M | $634.0M | $830.0M | $640.0M | $588.0M |
| SG&A Expense | $2.22B | $2.06B | $2.05B | $1.66B | $1.72B | $1.59B | $1.70B | $1.66B |
| Operating Income | $1.58B | $1.85B | $1.85B | $1.00B | $2.07B | $1.11B | $2.33B | $3.06B |
| Operating Margin | 3.8% | 4.3% | 4.3% | 2.7% | 5.7% | 3.4% | 5.9% | 7.5% |
| Interest Expense | $275.0M | $309.0M | $242.0M | $126.0M | $122.0M | $105.0M | $104.0M | $113.0M |
| Pretax Income | $1.31B | $1.54B | $1.61B | $878.0M | $1.95B | $1.01B | $2.22B | $2.95B |
| Income Tax Expense | $425.0M | $446.0M | $320.0M | $237.0M | $395.0M | $329.0M | $591.0M | $619.0M |
| Net Income | $829.0M | $1.01B | $1.21B | $592.0M | $1.51B | $757.0M | $1.77B | $2.30B |
| Net Margin | 2.0% | 2.4% | 2.8% | 1.6% | 4.2% | 2.3% | 4.5% | 5.6% |
| EPS (Basic) | $2.94 | $3.52 | $4.24 | $2.04 | $5.04 | $2.52 | $5.61 | $6.65 |
| EPS (Diluted) | $2.93 | $3.52 | $4.23 | $2.03 | $5.00 | $2.52 | $5.59 | $6.61 |
| Shares Outstanding (Basic) | 281.7M | 286.8M | 286.2M | 290.4M | 300.6M | 299.7M | 314.7M | 345.4M |
| Shares Outstanding (Diluted) | 282.5M | 286.9M | 286.6M | 291.2M | 302.8M | 300.4M | 315.8M | 347.5M |
| Dividends Per Share | $1.94 | $1.90 | $1.84 | $1.80 | $1.72 | $1.60 | $1.46 | $1.32 |