Magnera Corp. (MAGN) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$0.31	$0.2	-35.5%	—	—	—
Q4 26	-$0.11	$0.11	+200.0%	—	—	—
Q3 26	$0.1	-$0.11	-210.0%	—	—	—
Q2 26	$0.13	$0.08	-38.5%	—	—	—
Q1 26	$0.03	-$0.08	-366.7%	—	—	—
Q0 26	$0.2	-$0.39	-295.0%	—	$824M	—
Q4 24	-$0.1	-$0.39	-290.0%	—	$702M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY23	—	-$22.8	—	—	$1.4B	—
FY22	—	-$56.3	—	—	$1.5B	—
FY21	—	$2.08	—	—	$1.1B	—
FY20	—	$6.24	—	—	$916.5M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY14	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23
Revenue	$1.8B	$1.7B	$761.2M	$800.4M	$866.3M	$927.7M	$916.5M	$1.1B	$1.5B	$1.4B
YoY change	+4.9%	-7.93%	-54.3%	+5.14%	+8.24%	+7.09%	-1.2%	+18.4%	+37.5%	-7.1%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY14	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23
Revenue	1.8B	1.7B	761.2M	800.4M	866.3M	927.7M	916.5M	1.1B	1.5B	1.4B
Cost of revenue	1.6B	1.5B	629.5M	656.8M	735.9M	780.1M	768.6M	939.9M	1.3B	1.3B
Gross profit	235.2M	203M	131.7M	143.6M	130.4M	147.5M	147.9M	144.8M	148.8M	129.7M
Gross margin	13%	12.2%	17.3%	17.9%	15.1%	15.9%	16.1%	13.3%	9.98%	9.36%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	133.2M	127.7M	153.2M	110.5M	111.7M	95M	99.1M	121.3M	125M	109.7M
Operating expenses	133.2M	127.7M	153.2M	110.5M	111.7M	95M	99.1M	121.3M	125M	109.7M
Operating income	101.9M	75.3M	-21.4M	33.1M	18.7M	52.6M	48.7M	23.5M	23.8M	20M
Operating margin	5.63%	4.52%	-2.81%	4.13%	2.16%	5.67%	5.32%	2.17%	1.6%	1.44%
Non-operating income, net	4.2M	20.5M	-7.5M	-508K	3.6M	-77.7M	-9.7M	2.4M	-195.4M	-27.8M
Pretax income	87.4M	78.6M	-42.6M	19.5M	7.3M	-34.5M	32.4M	13.7M	-204.4M	-71.1M
Income tax	18.1M	14M	-28.4M	25.1M	7.7M	-9.2M	11.6M	7M	-10.3M	7M
Net income	69.2M	64.6M	21.6M	7.9M	-177.6M	-21.5M	21.3M	6.9M	-194.2M	-79.1M
Net margin	3.83%	3.87%	2.83%	0.99%	-20.5%	-2.32%	2.32%	0.64%	-13%	-5.71%
EBITDA	172M	138.2M	10.7M	74.7M	67.2M	100M	101.7M	82.4M	83.3M	74.1M
EPS	20.8	19.4	6.37	2.34	-52.8	-6.37	6.24	2.08	-56.3	-22.8
Diluted EPS	20.4	19.1	6.37	2.34	-52.8	-6.37	6.24	1.95	-56.3	-22.8

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24
Revenue	381.7M	364M	371.8M	373.9M	378.2M	357M	329.9M	320.4M	327.3M	329.4M	332.1M	702M
Cost of revenue	350M	326.6M	334.4M	331.5M	342M	338.9M	285.4M	289.5M	292.7M	292.7M	296.6M	631M
Gross profit	31.7M	37.4M	37.4M	42.4M	36.2M	18.1M	44.5M	30.9M	34.5M	36.8M	35.5M	71M
Gross margin	8.3%	10.3%	10.1%	11.3%	9.58%	5.08%	13.5%	9.64%	10.5%	11.2%	10.7%	10.1%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	33.2M	28.4M	28.9M	34.5M	30.7M	28.6M	24.7M	25.6M	36.1M	29.4M	32.5M	44M
Operating expenses	33.2M	28.4M	28.9M	34.5M	30.7M	28.6M	24.7M	25.6M	36.1M	29.4M	32.5M	47M
Operating income	-1.5M	9M	8.5M	7.8M	5.5M	-10.5M	19.8M	5.2M	-1.5M	7.4M	3M	10M
Operating margin	-0.39%	2.47%	2.28%	2.09%	1.45%	-2.94%	5.99%	1.63%	-0.47%	2.24%	0.89%	1.42%
Non-operating income, net	-115.7M	-528K	-44.8M	-34.4M	-2.6M	-3M	-19.1M	-3.1M	-2M	-2.6M	-3.3M	-53M
Pretax income	-125.1M	835K	-44.3M	-35.8M	-9.5M	-30.2M	-16.4M	-15M	-21M	-12.8M	-18.5M	-69M
Income tax	-16.8M	3.3M	4.9M	-1.7M	3.7M	6.4M	3.3M	-6.4M	5.2M	3M	1.5M	-9M
Net income	-108.3M	-2.1M	-49.5M	-34.3M	-13.6M	-36.9M	-19.9M	-8.7M	-26.3M	-16.3M	-15.2M	-60M
Net margin	-28.4%	-0.56%	-13.3%	-9.18%	-3.59%	-10.3%	-6.02%	-2.7%	-8.05%	-4.94%	-4.59%	-8.55%
EBITDA	15.7M	25M	21.9M	20.7M	18.2M	3M	33.8M	19.1M	12.4M	20.7M	15.7M	42M
EPS	-31.5	-0.52	-14.4	-9.88	-3.9	-10.8	-5.59	-2.47	-7.54	-4.81	-4.29	-1.69
Diluted EPS	-31.5	-0.52	-14.4	-9.88	-3.9	-10.8	-5.59	-2.47	-7.54	-4.81	-4.29	-1.69

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY14	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	Current
Market cap	1.1B	800.2M	1B	935M	427.2M	807.6M	726.3M	766.3M	124.6M	87.4M	87.4M
Enterprise value	1.4B	1.1B	1.4B	1.3B	696.2M	1B	940.2M	1.4B	863.6M	902.5M	902.5M
Shares outstanding	3.3M	3.3M	3.4M	3.4M	3.4M	3.4M	3.4M	3.4M	3.4M	3.5M	3.5M

Valuation

Metric	FY14	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	Current
P/E	16	12.4	48.3	118.1	—	—	34.1	110.5	—	—	—
P/S	0.61	0.48	1.37	1.17	0.49	0.87	0.79	0.71	0.08	0.06	0.06
P/B	1.7	1.21	1.59	1.32	0.79	1.45	1.26	1.41	0.39	0.34	0.34
EV/EBITDA	8.19	7.64	127.2	17.4	10.4	10.4	9.24	17.2	10.4	12.2	12.2
EV/Sales	0.78	0.63	1.78	1.62	0.8	1.12	1.03	1.3	0.58	0.65	0.65
Earnings yield	6.27%	8.07%	2.07%	0.85%	—	—	2.93%	0.91%	—	—	—
FCF yield	3.04%	4.23%	-2.89%	-2.95%	-11.3%	9.3%	11.1%	5.34%	-63%	-67.9%	-67.9%

Profitability

Metric	FY14	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	Current
Gross margin	13%	12.2%	17.3%	17.9%	15.1%	15.9%	16.1%	13.3%	9.98%	9.36%	9.36%
Operating margin	5.63%	4.52%	-2.81%	4.13%	2.16%	5.67%	5.32%	2.17%	1.6%	1.44%	1.44%
Net margin	3.83%	3.87%	2.83%	0.99%	-20.5%	-2.32%	2.32%	0.64%	-13%	-5.71%	-5.71%
ROE	10.7%	9.74%	3.3%	1.12%	-33%	-3.87%	3.69%	1.28%	-61.1%	-30.8%	-30.8%
ROA	4.43%	4.3%	1.42%	0.46%	-13.3%	-1.68%	1.66%	0.37%	-11.8%	-5.06%	-5.06%
ROIC	8.47%	6.73%	-2.2%	0%	0%	6.66%	3.95%	0.97%	2.25%	1.86%	1.86%
Return on tangible assets	5.59%	5.28%	1.71%	0.55%	-21%	-2.64%	2.68%	0.63%	-15.9%	-6.96%	-6.96%

Financial health

Metric	FY14	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	Current
Current ratio	2.05	1.82	1.53	1.68	2.02	2.07	1.94	1.72	1.89	2.16	2.16
Quick ratio	1.17	1	0.76	1.29	1.27	1.24	1.1	0.96	1.03	1.1	1.1
Debt / equity	0.62	0.54	0.57	0.68	0.76	0.65	0.54	1.45	2.67	3.37	3.37
Debt / assets	0.26	0.24	0.24	0.28	0.31	0.28	0.24	0.42	0.52	0.55	0.55
Net debt / EBITDA	1.77	1.85	29.7	4.89	4.01	2.34	2.1	7.88	8.87	11	11
Interest coverage	5.62	5.5	-2.07	2.46	1.47	-2.31	5.61	2.11	-5.16	-0.1	-0.1
Effective tax rate	20.8%	17.8%	0%	100%	100%	0%	35.8%	50.9%	0%	0%	0%

Per share

Metric	FY14	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	Current
Revenue per share	544.8	499.3	227.2	238.6	257.3	273.3	268.7	316.5	432.5	399.7	399.7
EPS (basic)	20.8	19.4	6.37	2.34	-52.8	-6.37	6.24	2.08	-56.3	-22.8	-22.8
EPS (diluted)	20.4	19.1	6.37	2.34	-52.8	-6.37	6.24	1.95	-56.3	-22.8	-22.8
Book value per share	195.3	198.7	195.1	211.3	160.1	163.8	169.4	158.4	92.2	74.1	74.1
FCF per share	10.1	10.1	-8.98	-8.21	-14.3	22.1	23.7	11.9	-22.8	-17.1	-17.1
Cash per share	30	31.5	16.5	34.6	42.4	37.2	29.2	40.4	32.1	14.5	14.5
Capex per share	1.53	7.33	0.01	0.06	1.03	0.65	0.41	1.62	0.93	0.48	0.48

Capital allocation

Metric	FY14	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	Current
Capex / revenue	0.28%	1.47%	0%	0.03%	0.4%	0.24%	0.15%	0.51%	0.21%	0.12%	0.12%
Capex / operating cash flow	4.52%	17.1%	-0.36%	0.31%	14%	4.23%	1.48%	7.48%	-1.52%	-3.43%	-3.43%
Payout ratio	27%	31.7%	100.2%	284.1%	-12.8%	-106.5%	110.3%	352.6%	-9.66%	0%	0%
Dividend yield	1.69%	2.55%	2.07%	2.4%	5.33%	2.84%	3.23%	3.19%	15.1%	0%	0%

Yield

—

trailing twelve months

Frequency

Quarterly

Last dividend

$1.82

ex-dividend Jun 30, 2022

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jun 30, 2022	$1.82
Mar 31, 2022	$1.82
Dec 31, 2021	$1.82

Period	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24
Revenue	$381.7M	$364M	$371.8M	$373.9M	$378.2M	$357M	$329.9M	$320.4M	$327.3M	$329.4M	$332.1M	$702M
YoY change	+69.1%	+48.6%	+32.9%	+11.8%	-0.91%	-1.91%	-11.3%	-14.3%	-13.5%	-7.72%	+0.66%	+119.1%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY14	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23
Cash & short-term investments	99.8M	105.3M	55.4M	116.2M	142.7M	126.2M	99.6M	138.4M	110.7M	50.3M
Receivables	163.8M	167.2M	153M	110.6M	119.8M	124.4M	122.8M	170.2M	195.7M	171M
Inventory	248.7M	247.2M	249.7M	136.2M	173.4M	190.4M	196.2M	279.5M	309.4M	298.2M
Total current assets	574.6M	552.4M	494.3M	585M	469.3M	477.3M	452.9M	636.6M	679.5M	606M
Property, plant & equipment	694.3M	695.7M	771.5M	515M	556M	549.1M	555M	575.6M	472.9M	454.9M
Goodwill & intangibles	322.5M	278.2M	258.7M	283.2M	494.2M	469.1M	492.4M	784.9M	427.7M	428M
Total assets	1.6B	1.5B	1.5B	1.7B	1.3B	1.3B	1.3B	1.9B	1.6B	1.6B
Accounts payable	157.1M	172.7M	164.3M	113.2M	120.7M	130M	127.5M	214M	217.6M	158.5M
Short-term debt	5.7M	7.4M	9M	11.3M	10.8M	22.9M	25.1M	49.3M	56.3M	12.2M
Total current liabilities	279.7M	304.3M	323M	347.2M	232.8M	230.5M	233.3M	371.2M	360.4M	280.4M
Long-term debt	398.9M	353.3M	363.6M	470.1M	401M	336.9M	288.5M	738.1M	793.3M	853.2M
Total liabilities	912.4M	837.2M	867.4M	1B	800.9M	727.8M	708.9M	1.3B	1.3B	1.3B
Shareholders' equity	649.1M	663.2M	653.8M	708.9M	538.9M	556M	577.9M	542.8M	318M	256.9M
Total debt	404.6M	360.7M	372.6M	481.4M	411.7M	359.9M	313.5M	787.4M	849.6M	865.4M
Net debt	304.8M	255.4M	317.2M	365.2M	269.1M	233.7M	213.9M	648.9M	738.9M	815.1M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24
Cash & short-term investments	80.5M	71.5M	95.3M	110.7M	88.6M	53.9M	52.7M	—	—	—	—	215M
Receivables	221.2M	209.5M	192.4M	195.7M	196.9M	189.6M	168.4M	—	—	—	—	475M
Inventory	292.1M	307.6M	320.1M	309.4M	321.4M	314.7M	301.9M	—	—	—	—	508M
Total current assets	648.8M	634.6M	664.7M	679.5M	679.2M	614.5M	594.9M	—	—	—	—	1.3B
Property, plant & equipment	—	—	—	472.9M	—	—	—	—	—	—	—	1.6B
Goodwill & intangibles	587.6M	556.8M	446.4M	427.7M	427.7M	425.1M	413.9M	—	—	—	—	876M
Total assets	1.7B	1.7B	1.6B	1.6B	1.7B	1.6B	1.5B	—	—	—	—	4B
Accounts payable	210.5M	208.2M	207.7M	217.6M	196.4M	161.1M	156.9M	—	—	—	—	333M
Short-term debt	51M	32.7M	48.7M	56.3M	12.2M	10.2M	7.5M	—	—	—	—	8M
Total current liabilities	368.2M	327.5M	356M	360.4M	307.9M	262.9M	255.6M	—	—	—	—	546M
Long-term debt	758.3M	779M	770.2M	793.3M	852.1M	853M	847.9M	—	—	—	—	2B
Total liabilities	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	—	—	—	—	2.9B
Shareholders' equity	416.7M	389.9M	319.7M	318M	312.6M	278.8M	253.7M	—	—	—	—	1.1B
Total debt	809.2M	811.8M	818.8M	849.6M	864.3M	863.2M	855.3M	—	—	—	—	2.1B
Net debt	728.8M	740.3M	723.5M	738.9M	775.6M	809.4M	802.6M	—	—	—	—	1.8B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY14	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23
Net income	69.2M	64.6M	-14.2M	-5.6M	-177.6M	-21.5M	20.8M	6.7M	-194.1M	-78.1M
Depreciation & amortization	70.6M	63.2M	39.3M	42.1M	47.5M	50.8M	56.6M	61.4M	66.7M	63.2M
Stock-based compensation	7.9M	7.2M	5.5M	5.5M	6.3M	3.6M	5.7M	5.1M	831K	2.8M
Change in working capital	-27.2M	8.6M	-1.6M	15.9M	-22.2M	44M	14M	14M	-65.5M	-31.8M
Operating cash flow	112.3M	143M	-8M	71M	24.7M	51.9M	95.6M	74.4M	-211M	-48.9M
Capital expenditure	5.1M	24.5M	29K	218K	3.5M	2.2M	1.4M	5.6M	3.2M	1.7M
Investing cash flow	-3.5M	22.6M	-771K	-25K	-175.5M	652K	1.4M	-459.7M	4.6M	-3.3M
Dividends paid	-18.7M	-20.4M	-21.6M	-22.5M	-22.8M	-22.9M	-23.5M	-24.5M	-18.8M	0
Share repurchases	-12.2M	—	0	—	—	—	—	—	—	—
Financing cash flow	-81.6M	-70.3M	-6.6M	76.7M	-146.9M	-100.8M	-153.7M	438.9M	150.4M	-949K
Net change in cash	27.2M	95.3M	-15.4M	147.7M	-297.7M	-48.2M	-56.7M	53.6M	-55.9M	-53.2M
Free cash flow	33.5M	33.9M	-30.1M	-27.5M	-48.1M	75.1M	80.9M	40.9M	-78.6M	-59.4M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24
Net income	-108.3M	-2.5M	-49.1M	-34.2M	-13.2M	-36.6M	-20.6M	-7.7M	-26.1M	-15.8M	-15.9M	-60M
Depreciation & amortization	18.5M	16.5M	15.5M	16.2M	15.7M	16M	15.7M	15.9M	15.8M	15.5M	15.8M	53M
Stock-based compensation	909K	1.5M	-2.4M	794K	931K	376K	898K	592K	671K	798K	1.1M	6M
Change in working capital	-69.9M	-20M	-11.7M	36.1M	-34.1M	-17.4M	12.4M	7.2M	-34.2M	17.8M	1.4M	-100M
Operating cash flow	-175.6M	-4.9M	-44.2M	13.7M	-29.1M	-35M	7.3M	7.8M	-43.2M	19.2M	-2.4M	-58M
Capital expenditure	3.2M	13K	21K	5K	713K	22K	749K	192K	2K	15K	32K	—
Investing cash flow	4.5M	13K	21K	60K	713K	22K	-5M	134K	2K	15K	32K	37M
Dividends paid	-6.2M	-6.3M	-6.3M	0	0	0	0	0	—	—	—	-1.1B
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	16.3M	17.3M	18.5M	-5.2M	15.2M	-19.7M	15.5M	-23.9M	20.8M	18.1M	-18.2M	33M
Net change in cash	-154.8M	12.4M	-25.6M	8.6M	-13.2M	-54.6M	17.7M	-16M	-22.3M	37.4M	-20.6M	12M
Free cash flow	-78.6M	-23.6M	7.8M	15.9M	-40.1M	-30.3M	3.3M	7.8M	-41M	7.2M	3.6M	-74M

Date	Ratio
Nov 4, 2024	1:13
May 14, 1992	2:1
May 14, 1986	2:1
May 16, 1984	3:1

Magnera Corp. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history