Magnera Corp MAGN

Basic materials SIC 2621 - Paper Mills NAICS Manufacturing › Paper Manufacturing › Pulp, Paper, and Paperboard Mills › Paper Mills derived NYSE

Last close 11.93 2026-10-23
Market cap $427.1M 2026-06-27 share count
52-week range 7.82 - 15.52

Valuation FY2025 figures against the last close

P/S0.1x
P/E—
P/FCF11.9x
EV/EBITDA9.8x
Dividend yield—
Diluted EPS-4.47

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States and Canada
  • Rest of World
  • Latin America
Revenue by geography, 3 categories over 2 years. The same figures are in the table below. FY2025 United States and Canada, FY2025: 1.4B (43.6%) 44% United States and Canada Rest of World, FY2025: 1.4B (42.8%) 43% Rest of World Latin America, FY2025: 435M (13.6%) 14% Latin America FY2024 United States and Canada, FY2024: 991M (45.3%) 45% Rest of World, FY2024: 694M (31.7%) 32% Latin America, FY2024: 502M (23.0%) 23%
Region FY2025FY2024
United States and Canada $1.40B $991.0M
Rest of World $1.37B $694.0M
Latin America $435.0M $502.0M

As the company reported it, from the “Segment and Geographic Data - Selected Information by Geographical Region (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $3.20B$2.19B$2.27B$1.49B$1.08B$916.5M$927.7M$866.3M$800.4M$761.2M
Cost of revenue $2.87B$1.95B$2.00B$1.34B$939.9M$768.6M$780.1M$735.9M$656.8M$629.5M
Gross profit $337.0M$237.0M$129.7M$148.8M$144.8M$147.9M$147.5M$130.4M$143.6M$131.7M
R&D $20.0M$13.0M$15.0M———————
SG&A $190.0M$107.0M$110.0M$125.0M$121.2M$99.1M$95.0M$111.7M$110.5M$153.2M
Total operating expenses $2.85B$1.91B$1.96B———————
Operating income $5.0M-$141.0M$69.0M-$164.0M$28.6M$49.2M$54.6M$21.9M$33.3M-$21.5M
Interest expense $141.0M$3.0M$0$33.2M$12.4M$7.0M$10.4M$15.6M$13.3M$13.8M
Pre-tax income -$166.0M-$135.0M$72.0M-$204.4M$13.7M$32.4M-$34.5M$7.3M$19.5M-$42.6M
Income tax $7.0M$19.0M$34.0M$10.3M$7.0M$11.6M$9.2M$7.7M$25.1M$28.4M
Net income -$159.0M-$154.0M$38.0M-$194.2M$6.9M$21.3M-$21.5M-$177.6M$7.9M$21.6M
EPS, basic -4.47-4.841.19-4.330.150.48-0.49-4.060.180.49
EPS, diluted -4.47-4.841.19-4.330.150.48-0.49-4.060.180.49
Shares, diluted (wtd. avg.) 35.5M31.8M31.8M44.8M44.9M44.6M44.1M43.8M44.4M44.1M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $305.0M$230.0M$185.0M$213.0M$138.4M$99.6M$126.2M$142.7M$116.2M$55.4M
Receivables $522.0M$359.0M$171.0M$195.7M$170.2M$122.8M$124.4M$119.8M$110.6M$153.0M
Inventory $474.0M$259.0M$298.2M$309.4M$279.5M$196.2M$190.4M$173.4M$136.2M$249.7M
Total current assets $1.42B$886.0M$606.0M$679.5M$636.6M$452.9M$477.3M$469.3M$585.0M$494.3M
Property, plant and equipment $1.48B$949.0M$662.9M$675.8M$758.8M$543.3M$537.4M$556.0M$515.2M$428.8M
Goodwill $663.0M$624.0M$794.0M$105.2M$236.2M$164.4M$150.8M$153.5M$82.7M$73.1M
Other intangibles $227.0M$226.0M$275.0M$108.7M$156.3M$81.8M$83.7M$93.6M$58.9M$56.3M
Total assets $3.99B$2.81B$1.56B$1.65B$1.88B$1.29B$1.28B$1.34B$1.73B$1.52B
Accounts payable $356.0M$295.0M$158.5M$217.6M$214.0M$127.5M$130.0M$120.7M$113.2M$164.3M
Short-term debt ——$1.0M$40.4M$26.4M$25.1M$22.9M$10.8M$11.3M$9.0M
Total current liabilities $601.0M$457.0M$280.4M$360.4M$371.2M$233.3M$230.5M$232.8M$347.2M$323.0M
Long-term debt $1.95B$0$853.2M$793.3M$738.1M$288.5M$336.9M$401.0M$470.1M$363.6M
Total liabilities $2.92B$668.0M$1.31B$1.33B$1.34B$708.9M$727.8M$800.9M$1.02B$867.4M
Retained earnings -$159.0M$0$419.8M$498.9M$705.6M$723.4M$725.8M$770.3M$948.4M$962.9M
Total equity $1.06B$2.14B$2.39B$2.49B$542.8M$577.9M$556.0M$538.9M$708.9M$653.8M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $103.0M$192.0M$257.0M-$40.8M$71.0M$109.0M$102.8M-$6.0M$53.2M$31.1M
Depreciation and amortisation $206.0M$175.0M$169.0M$66.7M$61.4M$56.6M$50.8M$47.5M$42.1M$39.3M
Stock-based compensation $19.0M$7.0M$7.0M$831.0K$5.1M$5.7M$3.6M$6.3M$5.5M$5.5M
Capital expenditure $67.0M$72.0M$88.0M$37.7M$30.0M$28.1M$27.8M$42.1M$80.8M$61.2M
Investing cash flow -$8.0M-$39.0M-$88.0M-$33.1M-$489.8M-$26.8M-$27.1M-$217.6M-$80.8M-$61.9M
Financing cash flow -$21.0M-$109.0M-$210.0M$46.9M$462.4M-$100.3M-$72.8M-$91.4M$76.7M-$6.6M
Dividends paid ——$0$18.8M$24.5M$23.5M$22.9M$22.8M$22.5M$21.6M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000041719-25-000110.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -1B 0 1B 2B 3B 4B Revenue, FY2016: 761.2M Gross profit, FY2016: 131.7M Net income, FY2016: 21.6M Revenue, FY2017: 800.4M Gross profit, FY2017: 143.6M Net income, FY2017: 7.9M Revenue, FY2018: 866.3M Gross profit, FY2018: 130.4M Net income, FY2018: -177.6M Revenue, FY2019: 927.7M Gross profit, FY2019: 147.5M Net income, FY2019: -21.5M Revenue, FY2020: 916.5M Gross profit, FY2020: 147.9M Net income, FY2020: 21.3M Revenue, FY2021: 1.1B Gross profit, FY2021: 144.8M Net income, FY2021: 6.9M Revenue, FY2022: 1.5B Gross profit, FY2022: 148.8M Net income, FY2022: -194.2M Revenue, FY2023: 2.3B Gross profit, FY2023: 129.7M Net income, FY2023: 38M Revenue, FY2024: 2.2B Gross profit, FY2024: 237M Net income, FY2024: -154M Revenue, FY2025: 3.2B Gross profit, FY2025: 337M Net income, FY2025: -159M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $761.2M $800.4M $866.3M $927.7M $916.5M $1.08B $1.49B $2.27B $2.19B $3.20B
Gross profit $131.7M $143.6M $130.4M $147.5M $147.9M $144.8M $148.8M $129.7M $237.0M $337.0M
Net income $21.6M $7.9M -$177.6M -$21.5M $21.3M $6.9M -$194.2M $38.0M -$154.0M -$159.0M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Results announced Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Results announced Item 2.02
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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