Magnera Corporation
MAGN Consumer Defensive Household & Personal Products
In the quarter to June 2026, revenue grew 2.15%, EPS fell 9.80%, free cash flow fell 115.4% and total debt fell 4.90%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.
Follow MAGN
Magnera Corporation (MAGN) Altman Z-score
Magnera Corporation's Altman Z-score for fiscal 2025 is 1.08, in the distress zone (below 1.81).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | 1.08 | (0.47) |
| FY2023 | 1.56 | 0.27 |
| FY2022 | 1.29 | (0.38) |
| FY2021 | 1.67 | (0.78) |
| FY2020 | 2.44 | (0.11) |
| FY2019 | 2.55 | 0.51 |
| FY2018 | 2.04 | 0.03 |
| FY2017 | 2.01 | (0.19) |
| FY2016 | 2.19 | (0.80) |
| FY2015 | 2.99 | — |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.21 | — | 0.25 | |
| Retained earnings / total assets | (0.04) | — | −0.06 | |
| EBIT / total assets | 0.00 | — | 0.00 | |
| Market value of equity / total liabilities | 0.14 | — | 0.09 | |
| Sales / total assets | 0.80 | — | 0.80 | |
| Altman Z-score | Distress zone | 1.08 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Grey zone | 1.61 | ||
Z and Z″ put Magnera Corporation in different zones: distress zone by Z, grey zone by Z″.
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| ACU Acme United Corporation. compare | 4.5× |
| ODD ODDITY Tech Ltd. compare | 3.8× |
| NUS Nu Skin Enterprises, Inc. compare | 3.8× |
| HNST The Honest Company, Inc. compare | 2.2× |
| EPC Edgewell Personal Care Company compare | 1.5× |
| MAGN Magnera Corporation | 1.1× |
| YSG Yatsen Holding Limited Sponsored ADR compare | 0.3× |
| HELE Helen of Troy Limited compare | 0.3× |
| MLKMF Waldencast PLC compare | −1.0× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets