MAGNA INTERNATIONAL INC (MGA) Form 6-K — Jul 31, 2026
Magna International reported strong second quarter 2026 results with sales increasing 3% to $11.0 billion, outperforming a 2% decline in global light vehicle production. Adjusted EBIT rose 16% to $677 million with margins expanding 70 basis points to 6.2%, while Adjusted EPS jumped 29% to a record $1.86 for the quarter. The company raised its full-year 2026 outlook for Adjusted EBIT margin, Adjusted EPS, and Free Cash Flow, citing profitable sales growth and productivity improvements. Magna returned $598 million to shareholders during the quarter through $465 million in share repurchases and $133 million in dividends.
Key figures
- Eps
- 1.72
- Revenue
- 10980000000
- Net Income
- 469000000
- Total Debt
- 4628000000
- Revenue Yoy
- 3%
- Cash Position
- 1430000000
- Shares Outstanding
- 273200000
- Adjusted EPS
- 1.86
- Adjusted EBIT
- 677000000
- Free Cash Flow
- 617000000
- Adjusted EBITMargin
- 6.2%
- Return To Shareholders
- 598000000
AI analysis
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