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Magna International (MG) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Jul 31, 2026

TBA (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

2.06

Last Year’s EPS

1.99

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 13 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:May 01, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call highlighted significant operational and financial progress: strong revenue growth, outsized adjusted EBIT and EPS growth, record Q1 cash generation, successful commercial recoveries, continued operational-excellence momentum and active capital returns. These positives were balanced against tangible headwinds: weaker underlying production and organic sales (when excluding FX), Complete Vehicles softness, a sizeable GAAP impairment tied to divestitures, input-cost and tariff exposures, and geopolitical/supply-chain uncertainties that could create near-term volatility. Management reaffirmed full-year targets but took a measured near-term tone (Q2 margin flat, back-half weighted EBIT). Overall, strong execution and balance-sheet strength dominate the narrative, though several risks require watching.

Company Guidance

Magna reaffirmed its 2026 outlook and key targets: weighted sales growth over market of about 1.5% at the midpoint, adjusted EBIT margin of 6.0–6.6%, adjusted EPS $6.25–$7.25 and free cash flow $1.6–$1.8 billion, while trimming North America production to ~14.9M units (‑100k) and Europe to ~16.6M units (‑200k) with China unchanged; it expects an adjusted tax rate of ~23% (Q1 was 23.8%), slightly lower interest expense for the year, a roughly neutral net tariff impact to 2026 EBIT (gross exposure now ~ $160M; net margin effect <10 bps), and a back‑half weighted EBIT cadence (first half ~43–45% of full‑year EBIT); the company also removed ~ $350M of sales for divestitures (minimal earnings/FCF impact), plans to repurchase the remaining ~17M NCIB shares during 2026, and expects closing of lighting/rooftop disposals in H2.

Revenue and Profit Growth

Sales of $10.4B in Q1, up 3% year-over-year; adjusted EBIT $558M, up 58% YoY; adjusted EBIT margin expanded 190 basis points to 5.4%; adjusted EPS $1.38, up 77% YoY.

Strong Cash Generation

Operating cash flow of $677M and free cash flow of $372M (the strongest Q1 cash generation on record), free cash flow up $685M YoY; $1.6B cash on hand and nearly $5B total liquidity.

Margin Expansion Driven by Operational Excellence

Operational performance, productivity and cost actions contributed materially (operational/volume items ~80bps; equity income ~70bps; discrete items ~55bps), and management reiterated a full-year adjusted EBIT margin target of 6.0%–6.6%.

Capital Return and Balance Sheet Strength

Returned $575M of capital in the quarter including $440M of share repurchases (7.6M shares repurchased); NCIB has ~17M shares remaining to repurchase in 2026; rating agencies reaffirmed (Moody's A3; outlook Stable) and leverage ratio at 1.5x.

Commercial Recoveries & Equity Income Benefit

Secured additional commercial recoveries related to prior EV investments: balance-sheet recoveries of roughly $475M were collected earlier than expected and a favorable commercial settlement in a Power & Vision JV contributed meaningfully to equity income and margins (timing shifted from Q2 to Q1).

Positive Segment Performance

Three of four segments posted higher sales year-over-year; Power & Vision revenue up ~6% YoY; Body Exteriors & Structures, Power & Vision and Seating all showed notable EBIT and margin improvements driven by launches, productivity and lower warranty costs.

Portfolio Actions to Improve Returns

Announced margin-accretive dispositions of lighting and rooftop systems businesses expected to close in H2; management removed about $350M of sales in the outlook with minimal earnings and free cash flow impact, reflecting portfolio pruning for higher-return focus.

Reaffirmed 2026 Financial Outlook

Reaffirmed prior full-year guidance ranges: adjusted EBIT margin 6.0%–6.6%, adjusted EPS $6.25–$7.25, and free cash flow $1.6B–$1.8B; weighted sales growth over market of ~1.5% at midpoint.

Magna International (TSE:MG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:MG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 31, 2026	2026 (Q2)	2.06 / -	1.986	―	―	―
May 01, 2026	2026 (Q1)	1.38 / 1.87	1.074	74.39% (+0.80)
Feb 13, 2026	2025 (Q4)	2.50 / 2.97	2.394	24.14% (+0.58)
Oct 31, 2025	2025 (Q3)	1.74 / 1.86	1.782	4.60% (+0.08)
Aug 01, 2025	2025 (Q2)	1.60 / 1.99	1.871	6.15% (+0.11)
May 02, 2025	2025 (Q1)	1.18 / 1.07	1.477	-27.29% (-0.40)
Feb 14, 2025	2024 (Q4)	2.18 / 2.39	1.79	33.74% (+0.60)
Nov 01, 2024	2024 (Q3)	1.92 / 1.78	1.996	-10.72% (-0.21)
Aug 02, 2024	2024 (Q2)	1.96 / 1.87	2.004	-6.64% (-0.13)
May 03, 2024	2024 (Q1)	1.64 / 1.48	1.492	-1.01% (-0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:MG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 01, 2026	C$85.77	C$82.03	-4.36%
Feb 13, 2026	C$77.41	C$92.07	+18.94%
Oct 31, 2025	C$60.92	C$64.60	+6.03%
Aug 01, 2025	C$54.79	C$55.01	+0.40%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.