OverviewSuggest Edit

Magna International designs, develops and manufactures automotive systems, assemblies, modules, and components. The Company 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. It 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 Ratings3.5

Latest Updates

Employees (est.) (Dec 2018)173,000(+3%)
Job Openings863
Revenue (FY, 2018)$40.8 B(+5%)
Share Price (Jun 2019)$45.5 (+2%)

Key People/Management at Magna International

Donald Walker

Donald Walker

CEO
Vincent Galifi

Vincent Galifi

EVP, CFO
Aaron McCarthy

Aaron McCarthy

EVP, Chief Human Resource Officer
Guenther Apfalter

Guenther Apfalter

President
Seetarama Kotagiri

Seetarama Kotagiri

EVP, President, CTO
Riccardo Trecroce

Riccardo Trecroce

EVP, Chief Legal Officer
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Magna International Office Locations

Magna International has offices in Aurora, Liverpool, Khwaeng Bang Na, Nové Mesto nad Váhom and in 26 other locations
Aurora, CA (HQ)
377 Magna Dr
Wien, AT
8 Technologiestraße
Chūō-ku, JP
6
Gangnam-daero, KR
401 221
Khwaeng Bang Na, TH
Tower, 30th Floor 1093 12 บางนา- ตราด 19 แยก 24
San Diego, US
998 W Mission Bay Dr
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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 $40.83 b in FY, 2018 which is a 4.8% increase from the previous period.
USD

Revenue (Q1, 2019)

10.6b

Gross profit (Q1, 2019)

1.4b

Gross profit margin (Q1, 2019), %

13.5%

Net income (Q1, 2019)

1.1b

Market capitalization (10-Jun-2019)

14.7b

Closing stock price (10-Jun-2019)

45.5

Cash (31-Dec-2018)

684.0m

EV

18.4b
Magna International's current market capitalization is $14.7 b.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

36.4b38.9b40.8b

Revenue growth, %

7%5%

Cost of goods sold

31.1b33.3b35.1b

Gross profit

5.3b5.7b5.8b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

9.4b9.7b9.5b10.8b10.3b9.6b10.6b

Cost of goods sold

7.9b8.3b8.1b9.3b8.8b8.3b9.2b

Gross profit

1.5b1.4b1.4b1.5b1.5b1.4b1.4b

Gross profit Margin, %

15%15%14%14%14%14%13%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

974.0m726.0m684.0m

Accounts Receivable

6.2b6.9b6.5b

Prepaid Expenses

220.0m237.0m193.0m

Inventories

2.8b3.4b3.4b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

831.0m666.0m783.0m769.0m626.0m884.0m

Accounts Receivable

7.0b7.0b7.1b8.1b7.7b7.2b

Prepaid Expenses

205.0m230.0m225.0m250.0m201.0m192.0m

Inventories

3.1b3.3b3.4b3.6b3.6b3.6b
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

2.1b2.3b2.3b

Cash From Operating Activities

3.4b3.3b3.7b

Purchases of PP&E

(1.8b)(1.9b)(1.6b)

Cash From Investing Activities

(4.3b)(2.1b)(2.3b)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

597.0m1.2b1.7b669.0m1.3b1.9b1.1b

Cash From Operating Activities

443.0m1.0b1.9b577.0m1.0b2.1b594.0m

Purchases of PP&E

(309.0m)(729.0m)(1.1b)(243.0m)(622.0m)(1.0b)(251.0m)

Cash From Investing Activities

(250.0m)(799.0m)(1.3b)(328.0m)(958.0m)(1.4b)882.0m
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Magna International Operating Metrics

Magna International's Vehicles Produced was reported to be 3.5 m in FY, 2018.
FY, 2016FY, 2017FY, 2018

Countries

29 28 28

Manufacturing Facilities

317 335 348

Thermoplastic Liftgate Modules Produced

3 m

Vehicles Produced

3.50 m
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Magna International Revenue Breakdown

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Magna International revenue breakdown by geographic segment: 41.8% from Europe, 50.3% from North America, 6.2% from Asia Pacific and 1.7% from Other

Magna International Online and Social Media Presence

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Magna International News and Updates

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...

Hanon Systems Completes Acquisition of Global Fluid Pressure & Controls Business of Magna International Inc.

SEOUL, South Korea, March 29, 2019 /PRNewswire/ -- Hanon Systems (KS: 018880) today announced it has completed the acquisition of the Fluid Pressure & Controls business of Magna International Inc. for approximately $1.2 billion. The two companies announced plans for the transaction on...

Magna International 2019 revenue to be hit by unit sale

Canadian auto parts maker Magna International Inc on Tuesday said its 2019 revenue will be hit by the sale of its Fluid Pressure and Controls business.

Motor Manufacturing Global Market 2019-2025: Bosch, Denso, Magna International, Aisin, Continental

Wiseguyreports.Com Publish New Market Research Report On -“Motor Manufacturing Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2019 - 2025” Posted via Industry Today. Follow us on Twitter @IndustryToday
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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 Walker, Vincent Galifi and Aaron McCarthy.

  • How many employees does Magna International have?

    Magna International has 173,000 employees.

  • What is Magna International revenue?

    Latest Magna International annual revenue is $40.8 b.

  • What is Magna International revenue per employee?

    Latest Magna International revenue per employee is $236 k.

  • Who are Magna International competitors?

    Competitors of Magna International include American Axle & Manufacturing, Lear Corporation and Visteon.

  • 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, Liverpool, Khwaeng Bang Na, Nové Mesto nad Váhom and in 26 other locations.

  • How many offices does Magna International have?

    Magna International has 32 offices.