Magna International: 3 Key Takeaways for Long-Term Investors

Magna International reported an 11% increase in adjusted EBIT despite a 4% decline in sales, driven by operational efficiency and cost controls. The company expanded EBIT margins by 90 basis points to 6.8% and generated strong free cash flow of $950 million in Q3 2026. Management authorized a new share buyback program for 25.8 million shares and is expanding into new markets including autonomous vehicle upfitting for Waymo and EV assembly for Chinese manufacturers.