Magna International Inc Earnings

Magna International Inc’s revenue fell -3.04% since last year same period to $10362.69Mn in the Q3 2024. On a quarterly growth basis, Magna International Inc has generated -5.41% fall in its revenue since last 3-months.

Magna International Inc’s net profit jumped 22.84% since last year same period to $484Mn in the Q3 2024. On a quarterly growth basis, Magna International Inc has generated 54.63% jump in its net profits since last 3-months.

Magna International Inc’s net profit margin jumped 26.7% since last year same period to 4.67% in the Q3 2024. On a quarterly growth basis, Magna International Inc has generated 63.48% jump in its net profit margins since last 3-months.

Magna International Inc’s price-to-earnings ratio after this Q3 2024 earnings stands at 11.01.

Magna International Inc’s earning per share (EPS) estimates for the current quarter stand at 1.41 - a -2.08% fall from last quarter’s estimates.

Magna International Inc’s earning per share (EPS) estimates for the current year stand at 1.41.

Magna International Inc’s earning per share (EPS) fell -12.33% since last year same period to 1.28 in the Q3 2024. This indicates that the Magna International Inc has generated -12.33% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Magna International Inc’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Magna International Inc’s return on equity (ROE) stands at 0.09.

Magna International Inc declared 0.48 dividend per share during the earnings announcement for Q3 2024.