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 Ratings3.7

Latest Updates

Employees (est.) (Mar 2020)159,000(-3%)
Job Openings1,265
Revenue (FY, 2019)$39.4 B(-3%)
Share Price (Jun 2021)$99.9(-3%)
Cybersecurity ratingDMore

Key People/Management at Magna International

Donald J. Walker

Donald J. Walker

Chief Executive Officer
Vincent J. Galifi

Vincent J. Galifi

Executive Vice-President and Chief Financial Officer
Tommy J. Skudutis

Tommy J. Skudutis

Executive Vice-President and Chief Operating Officer
Aaron D. McCarthy

Aaron D. McCarthy

Executive Vice-President and Chief Human Resources Officer
Sherif S. Marakby

Sherif S. Marakby

Executive Vice-President, Corporate R&D
William L. Young

William L. Young

Chairman of the Board
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Magna International Office Locations

Magna International has offices in Aurora, Brampton, Newmarket, Windsor and in 65 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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View revenue for all periods
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 (Q3, 2020)

9.1k

Gross profit (Q3, 2020)

1.4k

Gross profit margin (Q3, 2020), %

15.9%

Net income (Q3, 2020)

327.0

Market capitalization (7-Jun-2021)

30.1b

Closing stock price (7-Jun-2021)

99.9

Cash (30-Sept-2020)

1.5b

EV

34.4b
Magna International's current market capitalization is $30.1 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, 2020Q2, 2020Q3, 2020

Revenue

10.8b10.3b9.6b10.6b10.1b9.3b8.7b4.3k9.1k

Cost of goods sold

9.3b8.8b8.3b9.2b8.7b8.1b7.6b4.2k7.7k

Gross profit

1.5b1.5b1.4b1.4b1.4b1.3b1.1b87.01.4k

Gross profit Margin, %

14%14%14%13%14%13%13%2%16%
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, 2020Q2, 2020Q3, 2020

Cash

769.0m626.0m884.0m925.0m563.0m769.0m1.1b533.0m1.5b

Accounts Receivable

8.1b7.7b7.2b7.4b7.2b7.1b5.7b5.3b6.6b

Inventories

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

Current Assets

12.7b12.1b12.8b12.1b11.6b11.5b10.6b9.6b11.9b
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
USDFY, 2017

Revenue/Employee

231.8k

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.3 x
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Magna International Operating Metrics

Magna International's Vehicles Produced was reported to be 27.3 k in Q3, 2020.
FY, 2016FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Countries

29282828272828282827272727

Manufacturing Facilities

317335340339340348338347346346347346344

Product Development, Engineering and Sales Centres

102969489899189929294949393

Vehicles Produced

77.9 k40.9 k33.5 k33.5 k144.6 k45.9 k43 k35.6 k158.5 k30.9 k16.8 k27.3 k
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Magna International Acquisitions / Subsidiaries

Company NameDateDeal Size
HonglizhixinSeptember 03, 2020
OLSA S.p.aJune 28, 2018€230 m
BÖCO Böddecker & Co. GmbH & Co. KGSeptember 26, 2016
TelemotiveApril 26, 2016
Stadco Ltd.October 02, 2015
GetragJuly 16, 2015€1.8 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 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 Cybersecurity Score

Cybersecurity ratingPremium dataset

D

66/100

SecurityScorecard logo

Magna International Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Magna International Online and Social Media Presence

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Magna International News and Updates

Worldwide Automotive Multi-Wheel Drive Industry to 2026 - Featuring Borg Warner, Continental and Magna International Among Others

Dublin, May 11, 2021 (GLOBE NEWSWIRE) -- The "Automotive Multi-Wheel Drive Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The global automotive multi-wheel drive market exhibited moderate growth d…

Worldwide Motor Vehicle Parts Industry to 2030 - Featuring Robert Bosch, Denso & Magna International Among Others

Dublin, April 14, 2021 (GLOBE NEWSWIRE) -- The "Motor Vehicle Parts Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering. This report provides strategists, marketers and senior management with the critical information they need…

Global Electric Vehicle Range Extender Market (2020 to 2024) - Featuring AB Volvo, Magna International and Tesla Among Others

Dublin, Jan. 12, 2021 (GLOBE NEWSWIRE) -- The "Global Electric Vehicle Range Extender Market 2020-2024" report has been added to ResearchAndMarkets.com's offering. The electric vehicle range extender market is poised to grow by $290.20 million during 2020-2024 progressing at a CAGR of 5% during …

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.
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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 Donald J. Walker, Vincent J. Galifi and Tommy J. Skudutis.

  • 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 65 other locations.

  • How many offices does Magna International have?

    Magna International has 72 offices.