MGA
Magna International Inc.
MGA has a slight edge over RIVN overall, supported by lower modeled downside and stronger modeled upside.
RIVN
Rivian Automotive, Inc.
RIVN offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
MGA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Healthy | |
| Healthy |
MGA's cash flow and balance sheet are currently healthy, and its revenue and profitability are stable.
RIVN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Unavailable |
RIVN's revenue is currently healthy, but its profitability and cash flow are weak. There isn't enough data to rate its balance sheet.
MGA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 8.3x | $62.37 | — |
| Cheap | 10x | $27.49 | -56% |
| Fair | 15x | $39.61 | -36% |
| Current | 23x | $62.37 | — |
| Expensive | 27x | $72.35 | +16% |
Historical ranges are pointers, not guarantees.
MGA's PE is in its expensive range at 23x. If earnings grow as analysts expect, today's price would be 8.3x next year's earnings, in its cheap range.
RIVN PE Valuation
RIVN has no meaningful PE right now: it lost money over the past year.
MGA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect MGA's earnings to grow and its profitability to improve, with its revenue holding steady.
RIVN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RIVN has the edge over MGA on the outlook, with more favorable revenue expectations.
MGA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.53 | +179% |
| Q2 2026 | $2.70 | -37% |
| Q1 2026 | $2.38 | -41% |
| Q4 2025 | $2.95 | -16% |
| Q3 2025 | $3.66 | -2.1% |
| Q2 2025 | $4.26 | +24% |
| Q1 2025 | $4.00 | +14% |
| Q4 2024 | $3.51 | -17% |
| Q3 2024 | $3.74 | +3.6% |
MGA has the edge over RIVN on earnings quality, reporting a profit while its opponent remains loss making.
RIVN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.25 | +$0.83 |
| Q2 2026 | -$2.58 | +$0.62 |
| Q1 2026 | -$2.92 | +$0.77 |
| Q4 2025 | -$3.07 | +$1.62 |
| Q3 2025 | -$3.08 | +$2.52 |
| Q2 2025 | -$3.20 | +$2.76 |
| Q1 2025 | -$3.69 | +$2.08 |
| Q4 2024 | -$4.69 | +$1.05 |
RIVN is still losing money, but far less than before: $2.25 per share over the past year, against $7.40 at its worst in late 2022.
MGA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $10.7B | +0.7% |
| Q1 2026 | $10.2B | +1.7% |
| Q4 2025 | $11B | +3.6% |
| Q3 2025 | $10.5B | +1.8% |
| Q2 2025 | $10.6B | -3% |
| Q1 2025 | $10.1B | -8.2% |
| Q4 2024 | $10.6B | +1.7% |
| Q3 2024 | $10.3B | -3.8% |
MGA's revenue grew through 2023 and has held roughly level since: $10.7B last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 5.6% | +0.7 points |
| Q1 2026 | 4.3% | +1.2 points |
| Q4 2025 | 6.8% | +1 points |
| Q3 2025 | 9.2% | +3.8 points |
| Q2 2025 | 4.9% | 0 points |
| Q1 2025 | 3.1% | -0.6 points |
| Q4 2024 | 5.8% | +0.8 points |
| Q3 2024 | 5.4% | +5.4 points |
MGA has the edge over RIVN on profitability, with a higher operating margin.
RIVN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.2B | +38% |
| Q2 2026 | $1.7B | +27% |
| Q1 2026 | $1.4B | +11% |
| Q4 2025 | $1.3B | -26% |
| Q3 2025 | $1.6B | +78% |
| Q2 2025 | $1.3B | +13% |
| Q1 2025 | $1.2B | +3% |
| Q4 2024 | $1.7B | +32% |
RIVN has the edge over MGA on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -41% | +22 points |
| Q2 2026 | -50% | +35 points |
| Q1 2026 | -64% | -11 points |
| Q4 2025 | -65% | -27 points |
| Q3 2025 | -63% | +71 points |
| Q2 2025 | -86% | +33 points |
| Q1 2025 | -53% | +70 points |
| Q4 2024 | -38% | +82 points |
RIVN's operating margin was −41% last quarter, up 22 points from the same quarter a year ago, near the top of its range since 2021.
MGA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $654M | +72% |
| Q1 2026 | $458M | +$649M |
| Q4 2025 | $1.5B | +21% |
| Q3 2025 | $645M | +157% |
| Q2 2025 | $381M | +61% |
| Q1 2025 | -$191M | +$41M |
| Q4 2024 | $1.2B | +89% |
| Q3 2024 | $251M | +74% |
MGA has the edge over RIVN on cash generation, producing positive trailing cash flow while its opponent burns cash.
RIVN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.1B | -$703M |
| Q2 2026 | -$849M | -$451M |
| Q1 2026 | -$1.1B | -$549M |
| Q4 2025 | -$1.1B | -234% |
| Q3 2025 | -$421M | +$732M |
| Q2 2025 | -$398M | +$639M |
| Q1 2025 | -$526M | +$997M |
| Q4 2024 | $856M | +$2.3B |
RIVN has burned cash in almost every quarter: −$4.2B over the past year, against −$489M the year before.
MGA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.8% | -4.9M shares |
| 1 year | -3% | -8.5M shares |
| 3 years | -4.6% | -13.1M shares |
| 5 years | -10% | -30.4M shares |
| Available history | -12% | -37.5M shares |
MGA has the edge over RIVN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $465M |
| Q1 2026 | $440M |
| Q4 2025 | $86M |
| Q3 2025 | — |
| Q2 2025 | $961,376 |
| Q1 2025 | $51M |
| Q4 2024 | $202M |
| Q3 2024 | — |
MGA spent $991M buying back its own shares over the past year, about four times what it spent the year before.
RIVN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.1% | +121M shares |
| 1 year | +19% | +226M shares |
| 3 years | +52% | +494M shares |
RIVN has 1.4B diluted shares, up 19% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | $6M |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
MGA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 1.5x | Healthy |
| Q1 2026 | 1.5x | Healthy |
| Q4 2025 | 1.5x | Healthy |
| Q3 2025 | 1.6x | Healthy |
| Q2 2025 | 1.6x | Healthy |
| Q1 2025 | 1.6x | Healthy |
| Q4 2024 | 1.5x | Healthy |
| Q3 2024 | 1.9x | Healthy |
MGA's net debt is about 1.4 years of its operating earnings (EBITDA), down from 1.6 years a year ago.
RIVN Net Leverage
RIVN's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
MGA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.9 | Neutral |
| Stochastic | 10.9 | Oversold |
MGA's weekly RSI is 47 (neutral) and its Stochastic is 11 (oversold).
RIVN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.5 | Neutral |
| Stochastic | 25.6 | Neutral |
RIVN's weekly RSI is 41 (neutral) and its Stochastic is 26 (neutral).
MGA PE vs Consumer Cyclical Sector
| Metric | MGA | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 18x | 28% above |
| PE % | 70 | 47 | 23 pts above |
MGA is trading at 23x earnings, a 28% premium to the Consumer Cyclical sector's median of 18x.
RIVN PE vs Consumer Cyclical Sector
RIVN has no meaningful PE right now: it lost money over the past year.
MGA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $64.0 | 2.5% below |
| 20 week MA | $65.9 | 5.3% below |
| 50 week MA | $61.6 | 1.2% above |
| 100 week MA | $51.2 | 22% above |
| 200 week MA | $51.2 | 22% above |
MGA has the edge over RIVN on trend strength, trading above more of its moving averages.
RIVN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.3 | 3.9% below |
| 20 week MA | $15.1 | 15% below |
| 50 week MA | $15.9 | 19% below |
| 100 week MA | $14.7 | 13% below |
| 200 week MA | $15.1 | 15% below |
RIVN is in a downtrend: it's below all five of its weekly moving averages, and 15% below its 200-week average.
MGA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $55.3 | $70.6 | +28% |
| 2021 | $70.6 | $79.5 | +13% |
| 2022 | $79.5 | $55.5 | -30% |
| 2023 | $55.5 | $59.1 | +6.5% |
| 2024 | $59.1 | $42.2 | -29% |
| 2025 | $42.2 | $54.0 | +28% |
| 2026 YTD | $54.0 | $62.4 | +16% |
MGA has the edge over RIVN on returns for 2026, with the stronger performance.
RIVN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $130.0 | $96.8 | -25% |
| 2022 | $96.8 | $19.1 | -80% |
| 2023 | $19.1 | $23.5 | +23% |
| 2024 | $23.5 | $13.7 | -42% |
| 2025 | $13.7 | $20.9 | +53% |
| 2026 YTD | $20.9 | $12.8 | -39% |
RIVN has finished lower in three of the last five years. It's down 39% so far in 2026.