NYSE : MAGN
Magnera Corporation — Financial statements
Consumer Staples · Household & Personal Products · United States
Last price 11.8 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 422.44M
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Financial statements
Magnera Corporation (MAGN) reported revenue of 3.28B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 3.28B | 3.20B | 2.19B | 2.27B | 2.80B | 2.83B |
| Cost of Revenue | 2.89B | 2.87B | 1.95B | 2.00B | 2.42B | 2.26B |
| Gross Profit | 392.00M | 337.00M | 237.00M | 280.00M | 378.00M | 564.00M |
| Selling, General & Admin | 205.00M | 193.00M | 128.00M | 136.00M | 144.00M | 153.00M |
| Amortization of Goodwill & Intangibles | 43.00M | 50.00M | 48.00M | 51.00M | 53.00M | 56.00M |
| Operating Expenses | 248.00M | 243.00M | 176.00M | 187.00M | 197.00M | 209.00M |
| Operating Income | 144.00M | 94.00M | 61.00M | 93.00M | 181.00M | 355.00M |
| Interest Expense | -152.00M | -141.00M | -3.00M | -4.00M | ||
| Other Non Operating Income (Expenses) | -32.00M | -30.00M | 9.00M | 3.00M | -16.00M | -3.00M |
| EBT Excluding Unusual Items | -31.00M | -77.00M | 67.00M | 96.00M | 161.00M | 352.00M |
| Merger & Restructuring Charges | -66.00M | -89.00M | -30.00M | -24.00M | -9.00M | -2.00M |
| Impairment of Goodwill | -171.00M | |||||
| Asset Writedown | -1.00M | |||||
| Pretax Income | -97.00M | -166.00M | -135.00M | 72.00M | 152.00M | 350.00M |
| Income Tax Expense | 15.00M | -7.00M | 19.00M | 34.00M | 33.00M | 40.00M |
| Net Income | -112.00M | -159.00M | -154.00M | 38.00M | 119.00M | 310.00M |
| Net Income to Common | -112.00M | -159.00M | -154.00M | 38.00M | 119.00M | 310.00M |
| Shares Outstanding (Basic) | 35.73M | 35.50M | 31.80M | 31.80M | ||
| Shares Outstanding (Diluted) | 35.73M | 35.50M | 31.80M | 31.80M | ||
| EPS (Basic) | -3.14 | -4.48 | -4.84 | 1.19 | ||
| EPS (Diluted) | -3.14 | -4.48 | -4.84 | 1.19 | ||
| Free Cash Flow | 113.00M | 36.00M | 120.00M | 169.00M | 220.00M | 249.00M |
| Free Cash Flow Per Share | 3.16 | 1.01 | 3.77 | 5.31 | ||
| Gross Margin | 11.94% | 10.52% | 10.84% | 12.31% | 13.49% | 19.95% |
| Operating Margin | 4.38% | 2.93% | 2.79% | 4.09% | 6.46% | 12.56% |
| Profit Margin | -3.41% | -4.96% | -7.04% | 1.67% | 4.25% | 10.97% |
| Free Cash Flow Margin | 3.44% | 1.12% | 5.49% | 7.43% | 7.85% | 8.81% |
| EBITDA | 331.00M | 300.00M | 236.00M | 262.00M | 349.00M | 522.00M |
| EBITDA Margin | 10.08% | 9.36% | 10.79% | 11.52% | 12.45% | 18.46% |
| D&A For EBITDA | 187.00M | 206.00M | 175.00M | 169.00M | 168.00M | 167.00M |
| EBIT | 144.00M | 94.00M | 61.00M | 93.00M | 181.00M | 355.00M |
| EBIT Margin | 4.38% | 2.93% | 2.79% | 4.09% | 6.46% | 12.56% |
| Effective Tax Rate | 47.22% | 21.71% | 11.43% |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 280.00M | 305.00M | 230.00M | 185.00M | 213.00M | |
| Short-Term Investments | 29.00M | 14.00M | ||||
| Cash & Short-Term Investments | 280.00M | 305.00M | 230.00M | 214.00M | 227.00M | |
| Receivables | 531.00M | 522.00M | 359.00M | 330.00M | 368.00M | |
| Inventory | 498.00M | 474.00M | 259.00M | 243.00M | 281.00M | |
| Prepaid Expenses | 83.00M | 122.00M | 38.00M | 46.00M | 43.00M | |
| Total Current Assets | 1.39B | 1.42B | 886.00M | 833.00M | 919.00M | |
| Property, Plant & Equipment | 1.45B | 1.54B | 998.00M | 1.05B | 1.04B | |
| Goodwill | 663.00M | 624.00M | 794.00M | 782.00M | ||
| Other Intangible Assets | 858.00M | 227.00M | 226.00M | 275.00M | 324.00M | |
| Long-Term Deferred Tax Assets | 76.00M | 57.00M | 54.00M | 48.00M | ||
| Other Long-Term Assets | 133.00M | 62.00M | 16.00M | 21.00M | 27.00M | |
| Total Assets | 3.83B | 3.99B | 2.81B | 3.03B | 3.15B | |
| Accounts Payable | 361.00M | 356.00M | 295.00M | 265.00M | 291.00M | |
| Accrued Expenses | 86.00M | 90.00M | 47.00M | 84.00M | 97.00M | |
| Current Portion of Leases | 18.00M | 18.00M | 11.00M | 13.00M | 12.00M | |
| Current Income Taxes Payable | 44.00M | 39.00M | ||||
| Other Current Liabilities | 104.00M | 137.00M | 104.00M | |||
| Total Current Liabilities | 569.00M | 601.00M | 457.00M | 406.00M | 439.00M | |
| Long-Term Debt | 1.90B | 1.95B | ||||
| Long-Term Leases | 42.00M | 45.00M | 39.00M | 41.00M | 33.00M | |
| Long-Term Deferred Tax Liabilities | 50.00M | 46.00M | 78.00M | 83.00M | 88.00M | |
| Other Long-Term Liabilities | 255.00M | 281.00M | 94.00M | 107.00M | 98.00M | |
| Total Liabilities | 2.82B | 2.92B | 668.00M | 637.00M | 658.00M | |
| Common Stock | 1.00M | 1.00M | 2.31B | 2.56B | 2.72B | |
| Additional Paid-In Capital | 1.43B | 1.42B | ||||
| Retained Earnings | -231.00M | -159.00M | ||||
| Comprehensive Income & Other | -183.00M | -195.00M | -168.00M | -171.00M | -237.00M | |
| Shareholders' Equity | 1.02B | 1.06B | 2.14B | 2.39B | 2.49B | |
| Total Liabilities & Equity | 3.83B | 3.99B | 2.81B | 3.03B | 3.15B | |
| Total Debt | 1.96B | 2.02B | 50.00M | 54.00M | 45.00M | |
| Net Cash (Debt) | -1.68B | -1.71B | 180.00M | 160.00M | 182.00M | |
| Net Cash Per Share | -47.05 | -48.17 | 5.66 | 5.03 | ||
| Filing Date Shares Outstanding | 35.80M | 35.60M | 31.80M | 31.80M | ||
| Total Common Shares Outstanding | 35.80M | 35.60M | 31.80M | 31.80M | ||
| Working Capital | 823.00M | 822.00M | 429.00M | 427.00M | 480.00M | |
| Book Value Per Share | 28.41 | 29.89 | 67.26 | |||
| Tangible Book Value | 159.00M | 174.00M | 1.29B | 1.32B | 1.38B | |
| Tangible Book Value Per Share | 4.44 | 4.89 | 40.53 | |||
| Land | 653.00M | 376.00M | 383.00M | 362.00M | ||
| Machinery | 1.99B | 1.54B | 1.47B | 1.37B |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -112.00M | -159.00M | -154.00M | 38.00M | 119.00M | 310.00M |
| Depreciation & Amortization | 187.00M | 206.00M | 175.00M | 169.00M | 168.00M | 167.00M |
| Asset Writedown & Restructuring Costs | 172.00M | |||||
| Stock-Based Compensation | 17.00M | 19.00M | 7.00M | 7.00M | 7.00M | 6.00M |
| Other Operating Activities | 8.00M | 45.00M | -7.00M | -14.00M | 10.00M | -39.00M |
| Change in Accounts Receivable | -27.00M | 63.00M | 29.00M | 45.00M | ||
| Change in Inventory | 31.00M | 31.00M | -16.00M | 49.00M | 22.00M | -116.00M |
| Change in Accounts Payable | -17.00M | -17.00M | 40.00M | -55.00M | -25.00M | 4.00M |
| Change in Other Net Operating Assets | 51.00M | -22.00M | 2.00M | -6.00M | 3.00M | |
| Operating Cash Flow | 172.00M | 103.00M | 192.00M | 257.00M | 324.00M | 380.00M |
| Capital Expenditures | -59.00M | -67.00M | -72.00M | -88.00M | -104.00M | -131.00M |
| Sale of Property, Plant & Equipment | 4.00M | |||||
| Cash Acquisitions | 37.00M | |||||
| Other Investing Activities | 22.00M | 29.00M | -10.00M | |||
| Investing Cash Flow | -52.00M | -8.00M | -39.00M | -88.00M | -104.00M | -141.00M |
| Long-Term Debt Issued | 1.56B | |||||
| Long-Term Debt Repaid | -484.00M | -2.00M | -4.00M | -4.00M | -3.00M | |
| Net Debt Issued (Repaid) | -115.00M | 1.07B | -2.00M | -4.00M | -4.00M | -3.00M |
| Common Dividends Paid | -1.11B | |||||
| Other Financing Activities | 1.00M | 18.00M | -107.00M | -206.00M | -212.00M | -246.00M |
| Financing Cash Flow | -114.00M | -21.00M | -109.00M | -210.00M | -216.00M | -249.00M |
| Foreign Exchange Rate Adjustments | -2.00M | 1.00M | 1.00M | 13.00M | -9.00M | 4.00M |
| Net Cash Flow | 4.00M | 75.00M | 45.00M | -28.00M | -5.00M | -6.00M |
| Free Cash Flow | 113.00M | 36.00M | 120.00M | 169.00M | 220.00M | 249.00M |
| Free Cash Flow Margin | 3.44% | 1.12% | 5.49% | 7.43% | 7.85% | 8.81% |
| Free Cash Flow Per Share | 3.16 | 1.01 | 3.77 | 5.31 | ||
| Levered Free Cash Flow | 230.00M | -196.38M | 162.25M | 185.12M | ||
| Unlevered Free Cash Flow | 325.00M | -108.25M | 164.12M | 185.12M | ||
| Change in Working Capital | 65.00M | -8.00M | -1.00M | 57.00M | 20.00M | -64.00M |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 429.96M | 392.67M | ||||
| Enterprise Value | 2.11B | 2.18B | ||||
| Last Close Price | 11.80 | 11.03 | ||||
| Forward PE | 6.24 | 28.65 | ||||
| PS Ratio | 0.13 | 0.12 | ||||
| PB Ratio | 0.42 | 0.37 | ||||
| P/TBV Ratio | 2.74 | 2.26 | ||||
| P/FCF Ratio | 3.85 | 10.91 | ||||
| P/OCF Ratio | 2.53 | 3.81 | ||||
| EV/Sales Ratio | 0.64 | 0.68 | ||||
| EV/EBITDA Ratio | 6.39 | 7.28 | ||||
| EV/EBIT Ratio | 14.70 | 23.22 | ||||
| EV/FCF Ratio | 18.73 | 60.63 | ||||
| Debt / Equity Ratio | 1.93 | 1.89 | 0.02 | 0.02 | 0.02 | |
| Debt / EBITDA Ratio | 5.92 | 6.72 | 0.21 | 0.21 | 0.13 | |
| Debt / FCF Ratio | 17.35 | 55.97 | 0.42 | 0.32 | 0.20 | |
| Net Debt / Equity Ratio | 1.65 | 1.61 | -0.08 | -0.07 | -0.07 | |
| Net Debt / EBITDA Ratio | 5.08 | 5.70 | -0.76 | -0.61 | -0.52 | |
| Net Debt / FCF Ratio | 14.88 | 47.50 | -1.50 | -0.95 | -0.83 | |
| Asset Turnover | 0.83 | 0.94 | 0.75 | 0.74 | ||
| Inventory Turnover | 5.60 | 7.82 | 7.77 | 7.62 | ||
| Quick Ratio | 1.43 | 1.38 | 1.29 | 1.34 | 1.35 | |
| Current Ratio | 2.45 | 2.37 | 1.94 | 2.05 | 2.09 | |
| Return on Equity (ROE) | -10.43% | -9.93% | -6.80% | 1.56% | ||
| Return on Assets (ROA) | 2.27% | 1.73% | 1.31% | 1.88% | ||
| Return on Invested Capital (ROIC) | 5.34% | 3.97% | 2.91% | 2.17% | 6.15% | |
| Return on Capital Employed (ROCE) | 4.40% | 2.80% | 2.60% | 3.50% | 6.70% | |
| Earnings Yield | -26.10% | -40.49% | ||||
| FCF Yield | 25.96% | 9.17% | ||||
| Buyback Yield / Dilution | -3.33% | -11.63% |