MAGNA INTERNATIONAL (MGA) Company Report

Analyst Coverage

Research analysts who have asked questions during MAGNA INTERNATIONAL earnings calls.

Dan Levy

Barclays PLC

4 questions for MGA

Also covers: ADNT, ALV, APTV +15 more

James Picariello

BNP Paribas

4 questions for MGA

Also covers: ADNT, APTV, AXL +12 more

Mark Delaney

The Goldman Sachs Group, Inc.

4 questions for MGA

Also covers: APH, APTV, AUR +24 more

Tamy Chen

BMO Capital Markets

4 questions for MGA

Also covers: ACB

Brian Morrison

TD Cowen

3 questions for MGA

Also covers: DOOO, GIL, MG +1 more

Colin Langan

Wells Fargo & Company

3 questions for MGA

Also covers: ADNT, ALV, AN +12 more

Joseph Spak

UBS Group AG

3 questions for MGA

Also covers: ADNT, APH, APTV +17 more

Michael Glen

Raymond James

3 questions for MGA

Also covers: ATS

Chris McNally

Evercore ISI

2 questions for MGA

Also covers: ALV, APTV, AUR +4 more

John Murphy

Bank of America

2 questions for MGA

Also covers: ABG, ADNT, AN +16 more

Jonathan Goldman

Scotiabank

2 questions for MGA

Also covers: ATS, DOOO, MG +1 more

Adam Jonas

Morgan Stanley

1 question for MGA

Also covers: APTV, CAR, CVNA +7 more

Douglas Dutton

Evercore ISI

1 question for MGA

Also covers: AN, AUR, EVGO +1 more

Emmanuel Rosner

Wolfe Research

1 question for MGA

Also covers: ADNT, ALV, APTV +11 more

Gautam Narayan

RBC Capital Markets

1 question for MGA

Also covers: APTV, AXL, CPTN +5 more

Itay Michaeli

TD Cowen

1 question for MGA

Also covers: APTV, ASPN, AUR +13 more

Joe Spak

UBS Group AG

1 question for MGA

Also covers: ADNT, APH, APTV +12 more

Shreyas Patil

Wolfe Research, LLC

1 question for MGA

Also covers: APTV, MBLY, RIVN +3 more

Tom Narayan

RBC Capital Markets

1 question for MGA

Also covers: ALV, APTV, AXL +9 more

Latest news

Recent press releases and 8-K filings for MGA.

MAGNA INTERNATIONAL INC. Reports Full Year 2025 Financial Results

MGA

Earnings

Dividends

Share Buyback

Total sales for 2025 declined 2% to $42.0 billion compared to 2024, primarily reflecting lower vehicle production in North America and Europe.
Adjusted EBIT increased to $2.4 billion in 2025, with Adjusted EBIT as a percentage of sales rising 20 basis points to 5.6%.
Adjusted diluted earnings per share increased 6% to $5.73 in 2025.
Cash generated from operating activities was $3.6 billion in 2025, largely unchanged from 2024.
The company returned $681 million to shareholders in 2025 through $544 million in dividends and $137 million in share repurchases, and increased its quarterly dividend to $0.495 per share.

2 days ago

6-K

Magna International Inc. Announces Strong Q4 and FY 2025 Results and Positive 2026 Outlook

MGA

Earnings

Guidance Update

Share Buyback

Magna International Inc. reported strong Q4 2025 results with sales of $10.8 billion (up 2%), Adjusted EBIT margin of 7.5% (up 100 bps), and Adjusted EPS of $2.18 (up 29%). For the full year 2025, sales reached $42 billion, Adjusted EBIT margin was 5.6% (up 20 bps), and Adjusted EPS grew to $5.73 (up 6%).
The company provided a positive 2026 outlook, projecting Adjusted EBIT margin expansion of 40 to 100 basis points, Adjusted EPS between $6.25 and $7.25, and free cash flow in the range of $1.6 billion to $1.8 billion.
Magna plans to repurchase approximately 22 million shares under its NCIB during 2026 and increased its quarterly dividend for the 16th consecutive year, demonstrating a confident capital allocation strategy.
Operational excellence initiatives were a key driver, contributing to margin expansion in 2025 and expected to add an additional 35 to 40 basis points of margin benefit in 2026.

Feb 13, 2026, 10:24 PM

6-K

Magna International Inc. Announces Strong Q4 2025 Results and Positive 2026 Outlook

MGA

Earnings

Guidance Update

Share Buyback

Magna International Inc. reported Q4 2025 sales of $10.8 billion, a 2% increase year-over-year, with Adjusted EBIT rising 18% to $814 million and Adjusted diluted earnings per share increasing 29% to $2.18.
The company generated $1.3 billion in Free Cash Flow in Q4 2025 and increased its quarterly dividend to $0.495 per share, marking the 16th consecutive year of dividend growth.
For 2026, Magna anticipates sales between $41.9 billion and $43.5 billion, an Adjusted EBIT Margin of 6.0% to 6.6%, and Adjusted diluted EPS in the range of $6.25 to $7.25.
Magna intends to repurchase the remaining approximately 22 million shares available under its current buyback authorization.
Q4 2025 income from operations before income taxes included non-cash impairment charges of $615 million.

Feb 13, 2026, 11:04 AM

6-K

Magna Mining Announces 2026 Guidance and Project Updates

MGA

Guidance Update

New Projects/Investments

Magna Mining Inc. has issued its 2026 guidance for the McCreedy West Mine, projecting 16.0 million – 18.0 million pounds CuEq payable production from the 700 Copper Zone.
For 2026, Cash Costs (excluding stream payments) are estimated at US$3.40/lb CuEq – US$3.80/lb CuEq, and All-In Sustaining Costs (AISC) (excluding stream payments) are guided at US$4.20/lb CuEq – US$4.70/lb CuEq.
A Preliminary Economic Assessment (PEA) for the Levack Mine is expected to be completed in the third quarter of 2026, with underground rock hoisting anticipated in the second half of 2026.
A Pre-Feasibility Study (PFS) for the Crean Hill Mine is also underway, with completion expected in Q3 2026, and dewatering of underground workings potentially starting in the second quarter of 2026.

Feb 5, 2026, 11:45 AM

Press Release

Magnera Reports First Quarter 2026 Results

MGA

Earnings

Guidance Update

Magnera reported net sales of $792 million and Adjusted EBITDA of $93 million for the first quarter ended December 27, 2025.
Compared to the prior year's December Quarter, net sales increased by 13% and Adjusted EBITDA increased by 11%, with contributions from a recent merger and favorable foreign currency changes.
The company reaffirmed its fiscal 2026 guidance, expecting Adjusted EBITDA to be between $380 million and $410 million and free cash flow between $90 million and $110 million.
Magnera made $27 million in debt payments during the quarter.

Feb 4, 2026, 9:36 PM

Press Release

Aeron Defense Formed and Acquires General Tool Company and Magna Machine

MGA

M&A

New Projects/Investments

Ventus Industrial Partners has announced the formation of Aeron Defense and its acquisition of General Tool Company (GTC) and Magna Machine.
This strategic move was made in partnership with GenNx360 Capital Partners and Admiralty Partners.
GTC and Magna, both manufacturers of mission-critical defense components, will reunite under the GTC name, expanding their manufacturing footprint to 550,000 square feet.
The Kramer family, founders of GTC and Magna, are now minority shareholders in Aeron.

Feb 4, 2026, 1:45 PM

Press Release

Magna Mining Announces Q4 2025 Production Results

MGA

Guidance Update

Magna Mining Inc. reported Q4 2025 production results from its McCreedy West Mine, with 84,953 tons of ore produced, marking a 13% increase over Q3.
Ore grades for Q4 2025 included 1.31% copper, 0.23% nickel, 1.05 g/t platinum, 1.10 g/t palladium, 0.45 g/t gold, and 15.51 g/t silver. Precious metal grades for platinum, palladium, and gold were more than double Q3, and silver grades were up over 40%.
Underground development reached 1,688 feet, and diamond drilling increased 91% over Q3 2025 to 29,334 feet.
A Life of Mine plan for McCreedy West, which will include a maiden reserve estimate and 2026 guidance, is anticipated to be released in the coming weeks.

Jan 20, 2026, 11:45 AM

Press Release

Magna Mining to Initiate Pre-Feasibility Study for Crean Hill Project

MGA

New Projects/Investments

Magna Mining Inc. has engaged Technica Mining Inc. to commence a pre-feasibility study (PFS) for its Crean Hill Project in Sudbury, Ontario.
The PFS is scheduled to begin in January 2026 and is expected to be completed in Q3 2026.
This study will build upon the September 2024 Preliminary Economic Assessment (PEA), which projected a 13-year mine life and highlighted an after-tax Net Present Value (NPV) (8%) of $194.1 million with an Internal Rate of Return (IRR) of 129%. The PEA also indicated pre-production capital costs of $27.7 million.

Dec 16, 2025, 11:45 AM

Press Release

Magna Mining Provides Exploration Update for Levack Mine's R2 Target

MGA

New Projects/Investments

Magna Mining Inc. announced on December 9, 2025, that ongoing exploration at the past-producing Levack Mine's R2 target in Sudbury, Ontario, continues to intersect multiple high-grade copper and precious metal veins.
Highlights from new assay results include 12.9% Cu, 140.7 g/t Pt+Pd+Au and 78.0 g/t Ag over 0.3 metres from hole FNX6083-W3, and 25.0% Cu, 34.7 g/t Pt+Pd+Au and 151.0 g/t Ag over 0.4 metres from hole FNX2026-W2.
The mineralization within the R2 target area has been intersected over a vertical extent of greater than 200 metres and remains open, with diamond drilling continuing to expand the target area and test for other prospective targets.

Dec 9, 2025, 11:45 AM

Press Release

Magna International Discusses Q4 Margins, 2026 Outlook, and Capital Allocation

MGA

Guidance Update

New Projects/Investments

Share Buyback

Magna anticipates a significant increase in fourth-quarter margins to approximately 7%, up from 5% year-to-date, primarily due to commercial and tariff recoveries.
The company projects an additional 35-40 basis points of margin expansion in 2026, building on previous gains and driven by ongoing operational excellence initiatives, assuming a flattish production environment.
MegaTrend engineering spend is expected to be optimized to around $800 million in 2026, a reduction from $1.2 billion two years prior and $900 million this year, as significant core technology development is largely complete.
Magna's China operations are accretive to the company's average margins and are forecast to achieve +10% year-over-year growth, with 65% of business conducted with Chinese OEMs.
The company is focused on deleveraging, expecting to be below 1.7x by year-end and targeting 1.5x, which positions them for potential share buybacks in 2026.