Magna International Inc.

MGA

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

42,836

Cost of Revenue

37,037

Gross Profit

5,799

Gross Margin

13.5%

Operating Income

2,116

Operating Margin

4.9%

Net Income

1,009

Net Margin

2.4%

EPS (Basic)

$3.52

EPS (Diluted)

$3.52

EBITDA

3,779

EBITDA Margin

8.8%

2023

12/31/2023

Revenue

42,797

Cost of Revenue

37,185

Gross Profit

5,612

Gross Margin

13.1%

Operating Income

2,038

Operating Margin

4.8%

Net Income

1,213

Net Margin

2.8%

EPS (Basic)

$4.24

EPS (Diluted)

$4.23

EBITDA

3,596

EBITDA Margin

8.4%

2022

12/31/2022

Revenue

37,840

Cost of Revenue

33,188

Gross Profit

4,652

Gross Margin

12.3%

Operating Income

1,573

Operating Margin

4.2%

Net Income

592

Net Margin

1.6%

EPS (Basic)

$2.04

EPS (Diluted)

$2.03

EBITDA

2,423

EBITDA Margin

6.4%

2021

12/31/2021

Revenue

36,242

Cost of Revenue

31,097

Gross Profit

5,145

Gross Margin

14.2%

Operating Income

1,948

Operating Margin

5.4%

Net Income

1,514

Net Margin

4.2%

EPS (Basic)

$5.04

EPS (Diluted)

$5.00

EBITDA

3,582

EBITDA Margin

9.9%

2020

12/31/2020

Revenue

32,647

Cost of Revenue

28,207

Gross Profit

4,440

Gross Margin

13.6%

Operating Income

1,006

Operating Margin

3.1%

Net Income

757

Net Margin

2.3%

EPS (Basic)

$2.52

EPS (Diluted)

$2.52

EBITDA

2,477

EBITDA Margin

7.6%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	42,836	42,797	37,840	36,242	32,647
Cost of Revenue	37,037	37,185	33,188	31,097	28,207
Gross Profit	5,799	5,612	4,652	5,145	4,440
Gross Margin	13.5%	13.1%	12.3%	14.2%	13.6%
Operating Income	2,116	2,038	1,573	1,948	1,006
Operating Margin	4.9%	4.8%	4.2%	5.4%	3.1%
Net Income	1,009	1,213	592	1,514	757
Net Margin	2.4%	2.8%	1.6%	4.2%	2.3%
EPS (Basic)	$3.52	$4.24	$2.04	$5.04	$2.52
EPS (Diluted)	$3.52	$4.23	$2.03	$5.00	$2.52
EBITDA	3,779	3,596	2,423	3,582	2,477
EBITDA Margin	8.8%	8.4%	6.4%	9.9%	7.6%