Magna International tops Q3 estimates; updates FY outlook

* Magna International press release [https://seekingalpha.com/pr/20287859-magna-announces-third-quarter-2025-results] (MGA [https://seekingalpha.com/symbol/MGA]): Q3 Non-GAAP EPS of $1.33 beats by $0.08.
* Revenue of $10.46B (+1.8% Y/Y) beats by $200M.
* Adjusted EBIT increased 3% to $613 million, with a 10 basis-point improvement in Adjusted EBIT margin.
* Increase 2025 outlook for Sales, Adjusted EBIT Margin, and Adjusted Net Income attributable to Magna, reflecting confidence in our strategic positioning and execution.
*
2025 OUTLOOK

WE DISCLOSE A FULL-YEAR OUTLOOK ANNUALLY IN FEBRUARY WITH QUARTERLY UPDATES. THE FOLLOWING OUTLOOK IS AN UPDATE TO OUR PREVIOUS OUTLOOK IN AUGUST 2025.

UPDATED 2025 OUTLOOK ASSUMPTIONS

Current

Previous

Light Vehicle Production (millions of units)

North AmericaEuropeChina

15.016.631.5

14.716.630.8

Average Foreign exchange rates:1 Canadian dollar equals1 euro equals

U.S. $0.717U.S. $1.129

U.S. $0.715U.S. $1.127

Click to enlarge

UPDATED 2025 OUTLOOK

Current

Previous

Segment Sales

Body Exteriors & StructuresPower & VisionSeating SystemsComplete Vehicles
$16.2 - $16.6 billion$15.0 - $15.3 billion$5.6 - $5.8 billion$4.7 - $4.9 billion

$16.0 - $16.6 billion$14.9 - $15.3 billion$5.4 - $5.7 billion$4.6 - $4.9 billion

Company Sales
$41.1 - $42.1 billion VS. CONSENSUS OF $41.34B

$40.4 - $42.0 billion

Adjusted EBIT Margin(3)
5.4% - 5.6%

5.2% - 5.6%

Equity Income (included in Adj. EBIT)
$105 - $130 million

$75 - $105 million

Interest Expense, net
~$215 million

~$210 million

Income Tax Rate(4)
~24%

~25%

Adjusted Net Income attributable to Magna(5)
$1.45 - $1.55 billion

$1.35 - $1.55 billion

Capital Spending
~$1.5 billion

$1.6 - $1.7 billion

Click to enlarge

MORE ON MAGNA INTERNATIONAL INC.

* Magna International: The Lowdown On The Recent XPeng Vehicle Assembly Deal [https://seekingalpha.com/article/4823286-magna-international-the-lowdown-on-the-recent-xpeng-vehicle-assembly-deal]
* Magna International Q3 2025 Earnings Preview [https://seekingalpha.com/news/4511446-magna-international-q3-2025-earnings-preview]
* Magna taps Philip Fracassa as CFO [https://seekingalpha.com/news/4494023-magna-taps-philip-fracassa-as-cfo]
* Seeking Alpha’s Quant Rating on Magna International Inc. [https://seekingalpha.com/symbol/MG:CA/ratings/quant-ratings]
* Historical earnings data for Magna International Inc. [https://seekingalpha.com/symbol/MG:CA/earnings]