Magnera Corporation (MAGN)

Magnera Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 29, 2024	Sep 30, 2023	Oct 1, 2022	Oct 2, 2021
Revenue	2,175	2,275	2,803	2,827
Revenue Growth (YoY)	-	-18.84%	-0.85%	-
Cost of Revenue	1,936	1,995	2,425	2,263
Gross Profit	239	280	378	564
Selling, General & Admin	129	136	144	153
Operating Expenses	178	187	197	209
Operating Income	61	93	181	355
Interest Expense	-4	-	-4	-
Interest & Investment Income	-	-	-	1
Other Non Operating Income (Expenses)	3	3	-16	-4
EBT Excluding Unusual Items	60	96	161	352
Merger & Restructuring Charges	-24	-24	-9	-2
Pretax Income	36	72	152	350
Income Tax Expense	15	34	33	40
Net Income	21	38	119	310
Net Income to Common	21	38	119	310
Net Income Growth	-	-68.07%	-61.61%	-
Free Cash Flow	116	169	220	249
Gross Margin	10.99%	12.31%	13.49%	19.95%
Operating Margin	2.80%	4.09%	6.46%	12.56%
Profit Margin	0.97%	1.67%	4.25%	10.97%
Free Cash Flow Margin	5.33%	7.43%	7.85%	8.81%
EBITDA	234	262	349	522
EBITDA Margin	10.76%	11.52%	12.45%	18.46%
D&A For EBITDA	173	169	168	167
EBIT	61	93	181	355
EBIT Margin	2.80%	4.09%	6.46%	12.56%
Effective Tax Rate	41.67%	47.22%	21.71%	11.43%

Source: S&P Capital IQ. Standard template. Financial Sources.