Company

Magna International Inc.

Headquarters: Aurora, ON, Canada

Founded: 1957

Employees: 158,000

CEO: Mr. Seetarama Swamy Kotagiri

show_chart TSX: MG +1.47%

Market Cap

C$23.16 Billion

CAD as of Jan. 1, 2023

US$17.06 Billion

history Market Cap History

Company Description

Magna International Inc. is one of the world's largest automobile parts manufacturer and supplier. Providing its products to several of the world's largest car manufacturers, Magna International regroups hundreds of manufacturing plants and tens of product development, engineering and sales centers across 29 countries.

Magna International Inc. market capitalization over time

Evolution of Magna International Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Magna International Inc.

Detailed Description

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. The company operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. Its Body Exteriors & Structures segment provides body and chassis systems, as well as engineering and testing services; exterior systems, including fascia and trims, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors; and roof systems, such as modular and textile folding roofs, and hard and soft tops. The company's Power & Vision segment offers dedicated hybrid, dual and e-clutch, and manual transmissions; engine drive plates and accessories; AWD/4WD products, rear drive modules, and hybrid and battery electric drive systems; transmission, engine, and driveline components; advanced driver assistance systems, camera systems, ultrasonic sensors, and electronic controllers; interior and exterior mirrors, actuators, door handles, overhead consoles, and camera monitoring systems; head, tail, and fog lamps; signal and other lighting products; and latching systems, door modules, window systems, power closure systems, hinges and wire forming, and handle assemblies. Its Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The company's Complete Vehicles segment offers vehicle manufacturing and engineering services. It also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

Stocks & Indices

Magna International Inc. has the following listings and related stock indices.


Stock: TSX: MG

Stock: BMV: MGAN

Stock: FSX: MGA

Stock: NYSE: MGA

Product & Services

Automotive

Key People

Founder(s): Frank Stronach

Swamy Kotagiri, CEO Tommy J. Skudutis, Executive VP & COO Vincent J. Galifi, Executive VP & C F James J. Tobin, Executive Vice- President and President, Magna Asia Eric J. Wilds, Executive VP and Chief Sales & Marketing Officer Riccardo C. Trecroce, Executive VP and C L O Aaron D. Mc Carthy, Executive VP and C H R O Francis C. Seguin, Executive VP Corporate Projects and Strategy Development

Financials

Revenue: US$40.82 billion (2018)

Operating income: US$2.83 billion (2018)

Net income: US$2.29 billion (2018)


Total assets: US$25.94 billion (2018)

Total equity: US$11.83 billion (2018)

Details

Headquarters:

337 Magna Drive

Aurora, ON L4G 7K1

Canada

Phone: 905 726 2462

Fax: 905 726 7164