Magna International (MGA)
Magna International (MGA) is one of the world’s largest auto-parts suppliers, manufacturing body, chassis, powertrain, vision, and seating systems and assembling complete vehicles under contract. In ETFpedia it represents the HALO concept of AI-resilient physical businesses, because its value is in tooled plants and physical capacity that software cannot replace.
| Ticker | MGA |
|---|---|
| Exchange | NYSE |
| Sector | Consumer Cyclical · Auto Parts |
| Country | Canada |
| Held by ETF | Roundhill HALO ETF (LOHA) |
| Last updated | 2026-06-04 |
Next event:Next earnings · Q2 2026, estimated · Date is analyst/calendar-estimated; confirm on investors.magna.com. Last report: Q1 2026 on 2026-05-01. (source)
Latest reported quarter:Q1 2026 (ended Mar 31, 2026) (reported2026-05-01)
Magna reported sales of $10.4 billion, up 3% year over year, with adjusted EPS of $1.38 (up 77%) and adjusted EBIT margin of 5.4%; a held-for-sale charge tied to divestitures produced a small GAAP loss.
| Sales | $10.4B+3%YoY |
|---|---|
| Adjusted EPS | $1.38+77%YoY |
| GAAP EPS | -$0.04 · held-for-sale charge from divestitures |
| Adjusted EBIT margin | 5.4% · +190 bps YoY |
| Free cash flow | $372M |
Revenue by segment
| Body Exteriors & Structures | $4,079M |
|---|---|
| Power & Vision | $3,881M |
| Seating Systems | $1,340M |
| Complete Vehicles | $1,224M-4% YoY |
Guidance:Full-year 2026
| Sales | $41.5B–$43.1B |
|---|---|
| Adjusted EBIT margin | 6.0%–6.6% |
| Adjusted EPS | $6.25–$7.25 |
| Free cash flow | $1.6B–$1.8B |
Recent & upcoming events
- · Divesting Lighting and Rooftop Systems.Agreed to sell its Lighting and Rooftop Systems businesses via three transactions, with about $1.1 billion of combined 2025 sales (Lighting ~$1.0B, Rooftop ~$0.1B), refining the portfolio; closing in the second half of 2026. (source)
- · Q1 2026 results; outlook maintained.Sales +3% to $10.4B, adjusted EPS $1.38 (+77%), margin up 190 bps; full-year outlook maintained. (source)
Reported in U.S. dollars; the Q1 GAAP loss reflects a held-for-sale charge tied to divestitures, not operating performance.
Figures are as of 2026-06-03 and reflect the most recent public filings/IR releases; they are updated after each earnings report.
What does Magna do?
Magna designs and manufactures vehicle systems across four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles, the last of which assembles entire cars under contract in Graz, Austria. It runs roughly 340 facilities worldwide and supplies nearly every major automaker, which makes it a barometer of global vehicle production (Magna, May 1, 2026).
Why is Magna resilient to AI disruption?
Magna’s moat is heavy and physical: stamping presses, casting, dedicated tooling, and assembly lines tied to multi-year vehicle programs. Software can design a part, but it cannot stamp or assemble it, which is why Magna sits in the HALO basket of low-obsolescence, capital-intensive manufacturers.
We delivered a strong start to 2026, driven by disciplined execution, margin expansion and robust free cash flow generation.
— Swamy Kotagiri, CEO, Magna International (Q1 2026 results)
What did Magna report most recently?
In Q1 2026 (the quarter ended March 31, 2026), Magna reported sales of $10.4 billion, up 3% year over year, with adjusted EPS of $1.38, up 77%, and adjusted EBIT margin of 5.4%, up 190 basis points (Magna). A held-for-sale charge from divestitures produced a small GAAP loss.
What is Magna’s guidance?
For full-year 2026, Magna guided sales to $41.5–43.1 billion, adjusted EBIT margin to 6.0–6.6%, adjusted EPS to $6.25–7.25, and free cash flow to $1.6–1.8 billion (Magna). In April 2026 it agreed to sell its Lighting and Rooftop Systems businesses through three transactions, with about $1.1 billion of combined 2025 sales and closing expected in the second half of 2026 (Magna).
What are the risks for Magna?
- Production cycle. Sales track global light-vehicle output, and Complete Vehicles is already declining.
- Tariffs and trade. Cross-border supply chains in North America, Europe, and China face policy risk.
- Program mix. EV and platform shifts can strand program-specific tooling and capex.
- Thin margins. Seating and Complete Vehicles run at low single-digit margins.
Related securities, concepts & terms
- AI-Resilient Investingparent
- Heavy Asset Low Obsolescence (HALO)parent
- Cummins (CMI)sibling
- Cabot Corporation (CBT)sibling
Related indices & ETFs
- Roundhill HALO ETF (LOHA) · Roundhill InvestmentsTracks the Akros U.S. HALO Index of physical-economy companies screened for AI resilience.
Frequently asked questions about Magna International
What does Magna International do?
Magna is one of the world's largest and most diversified auto-parts suppliers. It manufactures body, chassis, powertrain, vision, and seating systems and assembles complete vehicles under contract, operating roughly 340 facilities and supplying virtually every major automaker.
When does Magna report its next earnings?
Magna is expected to report Q2 2026 results around July 31, 2026. That date is analyst/calendar-estimated, so confirm it on investors.magna.com. It last reported Q1 2026 on May 1, 2026.
What was Magna's latest quarterly revenue?
Magna reported sales of $10.4 billion in Q1 2026, up 3% year over year despite a 7% decline in global light-vehicle production, with adjusted EPS of $1.38 (up 77%) and adjusted EBIT up 58% to $558 million for a 5.4% margin. A $485 million held-for-sale charge tied to the Lighting and Rooftop Systems dispositions produced a small GAAP loss.
What is Magna's guidance?
For full-year 2026, Magna maintained its outlook: sales of $41.5–43.1 billion, adjusted EBIT margin of 6.0–6.6%, adjusted EPS of $6.25–7.25, and free cash flow of $1.6–1.8 billion. Management said the pending Lighting and Rooftop Systems sale, about $1.1 billion of 2025 sales, is not expected to change the 2026 adjusted-EPS outlook.
Why is Magna a HALO (AI-resilient) stock?
Magna's value is in physical capacity: tooled stamping plants, casting, and assembly lines dedicated to multi-year vehicle programs, plus complete-vehicle assembly. That low-obsolescence, capital-heavy manufacturing base cannot be produced by software, making it structurally resilient to AI displacement.
Sources & references
- Magna announces strong first quarter results; maintains positive outlook for 2026 · Magna International, 2026-05-01
- Magna announces sale of its Lighting and Rooftop Systems businesses · Magna International, 2026-04-09
- Magna International · investor relations and events · Magna International, 2026-06-02
- Magna International · calendar of events and presentations · Magna International, 2026-06-03
- NYSE listed company information · MGA · New York Stock Exchange, 2026-06-02