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Magna reports strong Q3 2026 with 11% rise in adjusted EBIT and 38% jump in adjusted EPS.

Company Fundamentals
30 Oct 2026, 12:00 WIB
GlobeNewsWire
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Bullish
Magna reports strong Q3 2026 with 11% rise in adjusted EBIT and 38% jump in adjusted EPS.

Magna International posted solid third-quarter 2026 results, with adjusted EBIT up 11% to $683 million and adjusted EPS rising 38% to $1.83, despite a 4% sales decline to $10.1 billion due to lower vehicle production and divestitures. The company improved margins and cash flow, returning $658 million to shareholders and reaffirming its full-year adjusted EPS outlook while raising its free cash flow forecast. Magna also approved a new share repurchase program for up to 10% of its public float, signaling confidence in future growth. The company plans to share more strategic priorities at its upcoming Investor Day.

Magna International's stock price on Pluang is steady at USD 64.70 as of Oct 30, 2026, 16:11 WIB. The company's market cap stands at $17.03 billion, reflecting its significant presence in the consumer cyclical sector. Its dividend yield is currently 3.09%, offering a steady income component for investors.

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