Magna raises 2026 free cash flow outlook to USD 1.85 billion–1.9 billion
MGA•Magna raised its 2026 free cash flow outlook to USD 1.85 billion–USD 1.9 billion from USD 1.75 billion–USD 1.85 billion, while cutting its sales outlook and narrowing its adjusted EBIT margin range. Its adjusted EPS forecast retains the same midpoint.
1. Updated 2026 outlook
Magna cut its 2026 sales outlook to USD 41.2 billion–USD 42 billion from USD 41.3 billion–USD 42.5 billion, citing lower expected vehicle production in China and unfavorable program mix. It raised its free cash flow guidance to USD 1.85 billion–USD 1.9 billion from USD 1.75 billion–USD 1.85 billion and narrowed its adjusted EBIT margin guidance to 6.3%–6.5% from 6.3%–6.6%. Adjusted EPS is projected at USD 6.85–USD 7.15, compared with USD 6.70–USD 7.30 previously, retaining the midpoint.
