OverviewSuggest Edit

Magna International is a company that designs, develops, and manufactures automotive systems, assemblies, modules, and components. It offers body systems, including exterior sheet metal and closure systems, body structure systems, and energy management solutions, chassis systems, such as frames and chassis subframes, suspension links and arms, and chassis modules. The company also provides engineering services comprising support, program management, virtual tool, prototype build and validation, testing, and research and development services.

TypePublic
Founded1957
HQAurora, CA
Websitemagna.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Mar 2020)159,000(-3%)
Job Openings615
Revenue (FY, 2019)$39.4 B(-3%)
Share Price (Sept 2020)$43.5
Cybersecurity ratingCMore

Key People/Management at Magna International

William L. Young

William L. Young

Chairman of the Board
Donald J. Walker

Donald J. Walker

Chief Executive Officer
Scott B. Bonham

Scott B. Bonham

Director
Vincent J. Galifi

Vincent J. Galifi

Executive Vice-President and Chief Financial Officer
Peter G. Bowie

Peter G. Bowie

Director
Guenther F. Apfalter

Guenther F. Apfalter

President, Magna Europe and President, Magna Steyr
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Magna International Office Locations

Magna International has offices in Aurora, Brampton, Newmarket, Windsor and in 59 other locations
Aurora, CA (HQ)
377 Magna Dr
Brampton, CA
2550 Steeles Ave E
Newmarket, CA
521 Newpark Blvd
Windsor, CA
9305 Twin Oaks Dr
Córdoba, AR
Colectora 1569
Graz, AT
Liebenauer Hauptstraße 317
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Magna International Financials and Metrics

Magna International Revenue

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Magna International's revenue was reported to be $39.43 b in FY, 2019 which is a 3.4% decrease from the previous period.
USD

Revenue (Q1, 2020)

8.7b

Gross profit (Q1, 2020)

1.1b

Gross profit margin (Q1, 2020), %

12.6%

Net income (Q1, 2020)

252.0m

Market capitalization (22-Sept-2020)

13.0b

Closing stock price (22-Sept-2020)

43.5

Cash (31-Mar-2020)

1.1b

EV

16.8b
Magna International's current market capitalization is $13 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

38.9b40.8b39.4b

Revenue growth, %

7%5%(3%)

Cost of goods sold

33.3b35.1b34.0b

Gross profit

5.7b5.8b5.4b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

10.8b10.3b9.6b10.6b10.1b9.3b8.7b

Cost of goods sold

9.3b8.8b8.3b9.2b8.7b8.1b7.6b

Gross profit

1.5b1.5b1.4b1.4b1.4b1.3b1.1b

Gross profit Margin, %

14%14%14%13%14%13%13%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

726.0m684.0m1.3b

Accounts Receivable

6.9b6.5b5.9b

Inventories

3.4b3.4b3.3b

Current Assets

11.2b11.8b10.7b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

769.0m626.0m884.0m925.0m563.0m769.0m1.1b

Accounts Receivable

8.1b7.7b7.2b7.4b7.2b7.1b5.7b

Inventories

3.6b3.6b3.6b3.5b3.5b3.5b3.5b

Current Assets

12.7b12.1b12.8b12.1b11.6b11.5b10.6b
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

2.3b2.3b1.6b

Depreciation and Amortization

1.2b1.3b1.3b

Inventories

(362.0m)(92.0m)104.0m

Accounts Payable

494.0m265.0m(519.0m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

669.0m1.3b1.9b1.1b1.6b1.2b252.0m

Depreciation and Amortization

315.0m635.0m960.0m321.0m655.0m990.0m336.0m

Inventories

1.0m(151.0m)(294.0m)(107.0m)(96.0m)(105.0m)(277.0m)

Accounts Payable

404.0m182.0m321.0m400.0m104.0m(79.0m)109.0m
USDFY, 2017

EV/CFO

7 x

Revenue/Employee

231.8k

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.3 x

P/E Ratio

9.5
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Magna International Operating Metrics

Magna International's Vehicles Produced was reported to be 11.7 m in Q1, 2020.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020

Countries

28 28 28 27 28 28 28 28 27 27

Manufacturing Facilities

335 340 339 340 348 338 347 346 346 347

Product Development, Engineering and Sales Centres

96 94 89 89 91 89 92 92 94 94

Vehicles Produced

39.61 m29.85 m17.57 m15.09 m66.29 m15.64 m15.49 m14.18 m62.68 m11.74 m
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Magna International Acquisitions / Subsidiaries

Company NameDateDeal Size
OLSA S.p.aJune 28, 2018€230 m
BÖCO Böddecker & Co. GmbH & Co. KGSeptember 26, 2016
Telemotive AGApril 26, 2016
Stadco Ltd.October 02, 2015
GetragJuly 16, 2015€1.80 b
Techform Products Ltd.September 30, 2014
ixetic GmbHNovember 30, 2012€308 m
Pabsa S.A.January 12, 2011
Resil Minas Industria e Comercio S.A.November 05, 2010

Magna International Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

SecurityScorecard logo

Magna International Revenue Breakdown

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Magna International revenue breakdown by business segment: 28.2% from Power & Vision, 41.1% from Body Exteriors & Structures, 13.9% from Seating Systems and 16.7% from Complete Vehicles

Magna International revenue breakdown by geographic segment: 44.0% from Europe, 49.1% from North America, 5.5% from Asia Pacific and 1.5% from Other

Magna International Online and Social Media Presence

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Magna International News and Updates

Auto Parts and Accessories Market: Building Momentum | Robert Bosch, Denso, Magna International

Stay up-to-date with Auto Parts and Accessories Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. Posted via Industry Today. Follow us on Twitter @IndustryToday

Magna International reports 3.5% drop in quarterly profit

Canadian auto parts maker Magna International Inc reported a 3.5% drop in quarterly profit on Friday, hurt by weak automobile production in North America and a labor strike at General Motors Co, its biggest customer.

Magna International to build hybrid transmissions for BMW

Canadian auto-parts maker Magna International said on Wednesday it would build dual-clutch and hybrid transmissions for German carmaker BMW under a multi-year contract.

UPDATE 1-Canada's Magna International misses profit estimates, lowers full-year outlook

Canadian auto parts maker Magna International Inc on Thursday lowered its 2019 profit forecast, as it expects higher costs on certain programs and lower earnings from a transmission joint venture in China.

Canada's Magna International quarterly profit rises 68 pct

Canadian auto parts maker Magna International Inc said its first-quarter profit surged nearly 68 percent, boosted by sale of some businesses and gains from investments.

Global Metal Stamping Market 2019-2023 - Key Vendors are American Axle & Manufacturing, American Industrial Co, CIE Automotive, Magna International, Nelson-Miller, & Thyssenkrupp

DUBLIN, April 29, 2019 /PRNewswire/ -- The "Global Metal Stamping Market 2019-2023" report has been added to ResearchAndMarkets.com's offering. The metal stamping market will register a CAGR of close to 5% by 2023. The increasing demand for metal stamping from the APAC region will foster...
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Magna International Frequently Asked Questions

  • When was Magna International founded?

    Magna International was founded in 1957.

  • Who are Magna International key executives?

    Magna International's key executives are William L. Young, Donald J. Walker and Scott B. Bonham.

  • How many employees does Magna International have?

    Magna International has 159,000 employees.

  • What is Magna International revenue?

    Latest Magna International annual revenue is $39.4 b.

  • What is Magna International revenue per employee?

    Latest Magna International revenue per employee is $248 k.

  • Who are Magna International competitors?

    Competitors of Magna International include Dana, Aptiv and Gentex.

  • Where is Magna International headquarters?

    Magna International headquarters is located at 377 Magna Dr, Aurora.

  • Where are Magna International offices?

    Magna International has offices in Aurora, Brampton, Newmarket, Windsor and in 59 other locations.

  • How many offices does Magna International have?

    Magna International has 72 offices.