Magna International
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Magna International's past years’ income statements indicate that its last revenue has increased compared to the previous period by 13% to $42,797,000,000. The net income raised on $1,213,000,000 and profit margin reached 3%. Total operating expenses were $2,912,000,000.
Profit Margin
| 2014 | 36.64B | 1.88B | 5.14% |
|---|---|---|---|
| 2015 | 32.13B | 2.01B | 6.26% |
| 2016 | 36.44B | 2.03B | 5.57% |
| 2017 | 38.94B | 2.20B | 5.66% |
| 2018 | 40.82B | 2.29B | 5.62% |
| 2019 | 39.43B | 1.76B | 4.48% |
| 2020 | 32.64B | 757M | 2.32% |
| 2021 | 36.24B | 1.51B | 4.18% |
| 2022 | 37.84B | 592M | 1.56% |
| 2023 | 42.79B | 1.21B | 2.83% |
MGA Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 42.79B | 37.84B | 36.24B | 32.64B | 39.43B | 40.82B | 38.94B | 36.44B | 32.13B | 36.64B |
Cost of revenue | 37.18B | 33.18B | 31.09B | 28.20B | 34.02B | 35.05B | 33.25B | 31.12B | 27.55B | 31.62B |
Gross profit | 5.61B | 4.65B | 5.14B | 4.44B | 5.40B | 5.77B | 5.68B | 5.32B | 4.57B | 5.01B |
Operating exp. | ||||||||||
Research and development | 877.80M | 623.28M | 628.42M | 873.84M | 654.87M | 558.01M | 540.77M | 460M | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 2.91B | 3.07B | 3.22B | 2.95B | 3.04B | 2.94B | 2.84B | 2.65B | 2.25B | 2.59B |
Operating income | 2.7B | 1.70B | 1.94B | 1.69B | 2.56B | 3.12B | 3.17B | 2.88B | 2.54B | 2.65B |
Other income (expenses), net | -1.09B | -829M | 110M | 0 | -344M | 214M | -188M | 203M | -476M | -718M |
Income before tax | 1.60B | 878M | 1.94B | 1.00B | 2.22B | 2.95B | 2.99B | 2.78B | 2.65B | 2.53B |
Income tax expense | 320M | 237M | 395M | 329M | 591M | 619M | 744M | 706M | 711M | 659M |
Net income | 1.21B | 592M | 1.51B | 757M | 1.76B | 2.29B | 2.20B | 2.03B | 2.01B | 1.88B |
Earnings per share | ||||||||||
Basic EPS | 4.24 | 1.96 | 4.99 | 2.66 | 5.74 | 6.65 | 5.93 | 5.19 | 4.94 | 4.41 |
Diluted EPS | 4.23 | 1.95 | 4.96 | 2.65 | 5.72 | 6.61 | 5.9 | 5.16 | 4.88 | 4.35 |
| Data source |