Magna International MGA
NYSE · Motor Vehicle Parts & Accessories · $18.4BNo closes on file for MGA yet.
Data provided by Databento (end of day). Next close = the first close after a story against the close before it; official daily closes only, not a call, not advice.
The numbers
fiscal 2025, as filed with the SEC · 66-metric EOD snapshot via DatabentoMarket cap$18.4B
EV / True FCF9.5x
Revenue$42.0B −1.9%
True FCF (ex-SBC)$2.3B +56.9%
Rule of 403.5%
True FCF Yield12.3%
EPS, diluted$2.93 −16.8%
Modern Valuation (EOD)
Market Cap$18.4B
Enterprise Value$21.5B
EV / True FCF9.50
EV / FCF9.42
EV / Gross Profit—
EV / EBIT—
EV / Sales0.51
P / E (GAAP)22.19
P / FCF8.05
P / Oper. CF5.11
P / Book1.43
Owner & Cash Yields
True FCF Yield12.3%
FCF Yield12.4%
Owner Earn. Yield5.7%
Earnings Yield4.5%
Shareholder Yield+3.6%
Buyback Yield0.7%
Dividend Yield—
Dividend / sh$1.94
Payout Ratio66%
FCF / sh$8.15
EPS (diluted)$2.93
Compounder & Returns
Rule of 403.5%
ROIC—
Cash ROIC (CROIC)14.3%
GP / Assets—
ROE6.5%
ROA2.6%
Gross Margin—
Oper. Margin—
Net Margin2.0%
FCF Margin5.4%
True FCF Margin5.4%
Quality & Dilution
Cash Conversion276%
Accrual Ratio−8.8%
SBC % of FCF0.9%
SBC % of Rev0.0%
Reinvest. Rate59%
Sales Growth Y/Y−1.9%
Sales 3Y CAGR+3.5%
EPS Growth Y/Y−16.8%
FCF Growth Y/Y+56.9%
FCF 3Y CAGR+76.7%
Share Change Y/Y−1.5%
Balance Sheet & Scale
Revenue (FY)$42.0B
Gross Profit (FY)—
Oper. Income (FY)—
GAAP Net Income$829.0M
True FCF (ex-SBC)$2.3B
Cash & Equiv$1.6B
Total Debt$4.7B
Net Cash (Debt)$-3.1B
Net Cash % MCap−17.0%
Debt / FCF (yrs)2.1y
Current Ratio1.25280.24M sh
Price & Technicals (EOD)
Perf Week—
Perf Month—
Perf Quarter—
Perf Half Y—
Perf YTD—
SMA 20 Dist—
SMA 50 Dist—
SMA 100 Dist—
Window High—
Window Low—
RSI (14) · Vol—
Income Distribution & Cash Flow ConversionHow every dollar of MGA revenue flows through cost of goods, operating expenses, taxes, GAAP net income, and dilution-adjusted free cash flow
Where Every $100 of Revenue Goes (FY2025)
Cost of Revenue (COGS)$36.0B ($85.7 / $100)
R&D Reinvestment$792.0M ($1.9 / $100)
SG&A & Other OpEx$2.2B ($5.3 / $100)
Tax & Non-Operating$5.2B ($12.3 / $100)
Net Profit Kept$829.0M ($0.0 / $100)
Earnings Quality: GAAP Profit → True Owner Cash (FY2025)
GAAP Net Income$829.0M (2.0% margin)
Operating Cash Flow (OCF)$3.6B(8.6% of rev)
Less: Capital Expenditures−$1.3B(3.1% of rev)
Standard Free Cash Flow (FCF)$2.3B(5.4% margin)
Less: Stock-Based Comp (SBC)−$21.0M(0.9% of FCF)
True FCF (Owner Cash ex-SBC)$2.3B(5.4% of rev)
Revenue by fiscal year
Operating leverage — margins
GrossOperatingNet
| Line Item (USD) | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY Δ | 4Y CAGR | Trend |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | $36.2B | $37.8B | $42.8B | $42.8B | $42.0B | −1.9% | +3.8% | |
| Cost of Revenue (COGS) | $31.1B | $33.2B | $37.2B | $37.0B | $36.0B | −2.7% | +3.7% | |
| Research & Development (R&D) | $634.0M | $649.0M | $862.0M | $874.0M | $792.0M | −9.4% | +5.7% | |
| Selling, General & Admin (SG&A) | $1.7B | $1.7B | $2.0B | $2.1B | $2.2B | +7.8% | +6.6% | |
| Interest Expense | $122.0M | $126.0M | $242.0M | $309.0M | $275.0M | −11.0% | +22.5% | |
| Income Tax Expense | $395.0M | $237.0M | $320.0M | $446.0M | $425.0M | −4.7% | +1.8% | |
| GAAP Net Income | $1.5B | $592.0M | $1.2B | $1.0B | $829.0M | −17.8% | −14.0% | |
| Diluted EPS | $5.00 | $2.03 | $4.23 | $3.52 | $2.93 | −16.8% | −12.5% | |
| Diluted Shares | 302.8M | 291.2M | 286.6M | 286.9M | 282.5M | −1.5% | −1.7% | |
| Balance Sheet | ||||||||
| Cash & Equivalents | $2.9B | $1.2B | $1.2B | $1.2B | $1.6B | +29.3% | −14.0% | |
| Inventory | $4.0B | $4.2B | $4.6B | $4.2B | $4.1B | −0.6% | +1.0% | |
| Total Current Assets | $13.5B | $12.5B | $14.0B | $13.1B | $13.7B | +4.7% | +0.4% | |
| Total Assets | $29.1B | $27.8B | $32.3B | $31.0B | $31.4B | +1.2% | +1.9% | |
| Total Current Liabilities | $10.4B | $11.0B | $13.2B | $12.1B | $11.0B | −9.2% | +1.4% | |
| Total Debt (Short + Long Term) | $4.4B | $4.2B | $5.8B | $5.5B | $4.7B | −14.6% | +1.6% | |
| Total Liabilities | $16.9B | $16.5B | $20.0B | $19.1B | $18.6B | −2.7% | +2.5% | |
| Stockholders' Equity | $12.2B | $11.3B | $12.3B | $11.9B | $12.8B | +7.5% | +1.2% | |
| Net Cash / (Net Debt) | $-1.5B | $-2.9B | $-4.6B | $-4.3B | $-3.1B | +27.3% | — | |
| Invested Capital | $13.7B | $14.3B | $16.9B | $16.2B | $16.0B | −1.7% | +3.9% | |
| Cash Flow & Capital Allocation | ||||||||
| Operating Cash Flow (OCF) | $2.9B | $2.1B | $3.1B | $3.6B | $3.6B | −1.0% | +5.2% | |
| Depreciation & Amortization (D&A) | $1.5B | $1.4B | $1.4B | $1.5B | $1.5B | +2.5% | +0.6% | |
| Stock-Based Compensation (SBC) | — | — | — | — | $21.0M | — | — | |
| Capital Expenditures (CapEx) | $1.4B | $1.7B | $2.5B | $2.2B | $1.3B | −39.7% | −1.1% | |
| Free Cash Flow (FCF) | $1.6B | $414.0M | $649.0M | $1.5B | $2.3B | +56.9% | +9.9% | |
| True FCF (ex-SBC Owner Cash) | $1.6B | $414.0M | $649.0M | $1.5B | $2.3B | +55.5% | +9.6% | |
| Share Repurchases (Buybacks) | $517.0M | $780.0M | $13.0M | $207.0M | $137.0M | −33.8% | −28.3% | |
| Dividends Paid | $514.0M | $514.0M | $522.0M | $539.0M | $544.0M | +0.9% | +1.4% | |
Fundamentals, income distribution and multi-year statements from SEC EDGAR filings (public domain). Valuation multiples, performance and technicals computed from Databento 1D EOD closes. For information only, not investment advice.
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