Magna International Inc
TSX:MG
Gross Margin
Magna International Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CA |
|
Magna International Inc
TSX:MG
|
14.8B CAD |
14%
|
|
| JP |
|
Denso Corp
TSE:6902
|
5.5T JPY |
15%
|
|
| CN |
|
Fuyao Glass Industry Group Co Ltd
SSE:600660
|
149.7B CNY |
35%
|
|
| KR |
|
Hyundai Mobis Co Ltd
KRX:012330
|
26.2T KRW |
15%
|
|
| DE |
|
Continental AG
XETRA:CON
|
14.8B EUR |
23%
|
|
| JP |
|
Sumitomo Electric Industries Ltd
TSE:5802
|
2.4T JPY |
19%
|
|
| IE |
|
Aptiv PLC
NYSE:APTV
|
15.4B USD |
19%
|
|
| IN |
|
Samvardhana Motherson International Ltd
NSE:MOTHERSON
|
1.1T INR |
46%
|
|
| IN |
|
Bosch Ltd
NSE:BOSCHLTD
|
951.5B INR |
37%
|
|
| CN |
|
Ningbo Tuopu Group Co Ltd
SSE:601689
|
78.8B CNY |
20%
|
|
| DE |
|
HELLA GmbH & Co KGaA
XETRA:HLE
|
9.6B EUR |
20%
|
Magna International Inc
Glance View
Magna International Inc. is a leading global automotive supplier, renowned for its innovative engineering and cutting-edge manufacturing capabilities. Established in 1957 and headquartered in Aurora, Ontario, Magna operates over 340 facilities in 29 countries, offering a diverse range of products and services that cater to the evolving needs of the automotive industry. From advanced vehicle systems and exterior components to complete vehicle assembly, Magna has positioned itself as a vital partner to major automobile manufacturers worldwide. With a commitment to sustainability and forward-thinking technology, the company is increasingly focusing on electric vehicle (EV) components and autonomous driving systems, aiming to capitalize on the transformation of the automotive landscape. For investors, Magna presents a compelling opportunity due to its robust financial health, consistent revenue growth, and strategic investments in future technologies. As the demand for EVs accelerates, Magna's extensive resources and expertise in vehicle electrification enable it to play a pivotal role in this burgeoning market. The company has also demonstrated resilience amid industry challenges, weathering supply chain disruptions and market fluctuations while maintaining profitability. With a strong management team led by seasoned executives, Magna is well-positioned to deliver sustainable value, making it an enticing prospect for investors looking to participate in the automotive sector's evolution and the move toward more environmentally sustainable transportation solutions.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Magna International Inc's most recent financial statements, the company has Gross Margin of 13.6%.
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