Earnings Summary

Magna International Inc’s revenue jumped 17.3% since last year same period to $10982Mn in the Q2 2023. On a quarterly growth basis, Magna International Inc has generated 2.9% jump in its revenue since last 3-months.

Magna International Inc’s net profit jumped 317.31% since last year same period to $339Mn in the Q2 2023. On a quarterly growth basis, Magna International Inc has generated 62.2% jump in its net profits since last 3-months.

Magna International Inc’s net profit margin jumped 285.25% since last year same period to 3.09% in the Q2 2023. On a quarterly growth basis, Magna International Inc has generated 57.64% jump in its net profit margins since last 3-months.

Magna International Inc’s earning per share (EPS) estimates for the current quarter stand at 1.39 - a 23.01% jump from last quarter’s estimates.

Magna International Inc’s earning per share (EPS) estimates for the current year stand at 1.39.

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 0.46 dividend per share during the earnings announcement for Q1 2023.