AXL · American Axle & Manufacturing Holdings Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $5.84B | $6.12B | $6.08B | $5.80B | $5.16B | $4.71B |
| Cost of Revenue | $5.13B | $5.38B | $5.46B | $5.10B | $4.43B | $4.13B |
| Gross Profit | $704.50M | $741.40M | $624.30M | $704.90M | $722.70M | $582.70M |
| R&D | $147.00M | $159.00M | $155.40M | $144.00M | $116.80M | $117.40M |
| SG&A | $389.00M | $387.10M | $366.90M | $345.10M | $344.20M | $313.90M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $459.50M | $469.70M | $487.20M | $492.10M | $544.30M | $521.90M |
| Operating Income | $112.30M | $241.40M | $146.60M | $243.90M | $240.60M | ($396.00M) |
| Interest Expense | $201.10M | $186.00M | $201.70M | $174.50M | $195.20M | $212.30M |
| Income Tax | $21.20M | $27.80M | $9.10M | $2.00M | ($4.70M) | ($49.20M) |
| Net Income | ($19.70M) | $35.00M | ($33.60M) | $64.30M | $5.90M | ($561.30M) |
| EPS - Basic | ($0.17) | $0.29 | ($0.29) | $0.54 | $0.05 | ($4.96) |
| EPS - Diluted | ($0.17) | $0.29 | ($0.29) | $0.53 | $0.05 | ($4.96) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $708.90M | $552.90M | $519.90M | $511.50M | $530.20M | $557.00M |
| Accounts Receivable | $733.00M | $709.10M | $818.50M | $820.20M | $762.80M | $793.20M |
| Inventory | $466.40M | $442.50M | $482.90M | $463.90M | $410.40M | $323.20M |
| Accounts Payable | $718.30M | $700.50M | $773.90M | $734.00M | $612.80M | $578.90M |
| Current Assets | $3.63B | $1.91B | $2.01B | $1.99B | $1.86B | $1.88B |
| Total Assets | $6.67B | $5.06B | $5.36B | $5.47B | $5.64B | $5.92B |
| Current Liabilities | $1.23B | $1.18B | $1.20B | $1.20B | $1.04B | $979.30M |
| Long-term Debt | $4.08B | $2.61B | $2.79B | $2.90B | $3.49B | - |
| Total Liabilities | $6.03B | $4.50B | $4.75B | $4.84B | $5.18B | $5.54B |
| Stockholders' Equity | $640.00M | $562.80M | $604.90M | $627.30M | $457.80M | $370.50M |
| Retained Earnings | ($267.90M) | ($248.20M) | ($283.20M) | ($249.60M) | ($313.90M) | ($319.80M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $411.60M | $455.40M | $396.10M | $448.90M | $538.40M | $454.70M |
| Investing Cash Flow | ($169.60M) | ($254.80M) | ($184.50M) | ($243.00M) | ($161.10M) | ($218.40M) |
| Financing Cash Flow | $1.40B | ($156.20M) | ($205.50M) | ($217.20M) | ($401.40M) | ($214.50M) |
| CapEx | $256.50M | $248.00M | $194.60M | $171.40M | $181.20M | $215.60M |
| Free Cash Flow | $155.10M | $207.40M | $201.50M | $277.50M | $357.20M | $239.10M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 12.1% | 12.1% | 10.3% | 12.1% | 14.0% | 12.4% |
| Operating margin | 1.9% | 3.9% | 2.4% | 4.2% | 4.7% | -8.4% |
| EBITDA margin | 9.8% | 11.6% | 10.4% | 12.7% | 15.2% | 2.7% |
| Net margin | -0.3% | 0.6% | -0.6% | 1.1% | 0.1% | -11.9% |
| Free cash flow margin | 2.7% | 3.4% | 3.3% | 4.8% | 6.9% | 5.1% |
| FCF / Net income | -7.87 | 5.93 | -6.00 | 4.32 | 60.54 | -0.43 |
| R&D / Revenue | 2.5% | 2.6% | 2.6% | 2.5% | 2.3% | 2.5% |
| SG&A / Revenue | 6.7% | 6.3% | 6.0% | 5.9% | 6.7% | 6.7% |
| Effective tax rate | 1413.3% | 44.3% | - | 3.0% | -391.7% | - |
| Return on assets | -0.3% | 0.7% | -0.6% | 1.2% | 0.1% | -9.5% |
| Return on equity | -3.1% | 6.2% | -5.6% | 10.3% | 1.3% | -151.5% |
| Return on invested capital | 1.2% | 4.2% | 3.4% | 6.7% | 6.1% | - |
| Liquidity | ||||||
| Current ratio | 2.95 | 1.63 | 1.67 | 1.66 | 1.78 | 1.92 |
| Quick ratio | 2.57 | 1.25 | 1.27 | 1.28 | 1.39 | 1.59 |
| Cash ratio | 0.57 | 0.47 | 0.43 | 0.43 | 0.51 | 0.57 |
| Leverage | ||||||
| Debt / Equity | 6.38 | 4.64 | 4.62 | 4.62 | 7.62 | - |
| Debt / Assets | 0.61 | 0.52 | 0.52 | 0.53 | 0.62 | - |
| Debt / EBITDA | 7.14 | 3.67 | 4.41 | 3.94 | 4.44 | - |
| Interest coverage | 0.6x | 1.3x | 0.7x | 1.4x | 1.2x | -1.9x |
| Equity multiplier | 10.42 | 8.99 | 8.85 | 8.72 | 12.31 | 15.97 |
| Liabilities / Assets | 0.90 | 0.89 | 0.89 | 0.89 | 0.92 | 0.94 |
| Efficiency | ||||||
| Asset turnover | 0.88 | 1.21 | 1.14 | 1.06 | 0.91 | 0.80 |
| Inventory turnover | 11.00 | 12.17 | 11.30 | 10.99 | 10.80 | 12.77 |
| Days sales outstanding | 46d | 42d | 49d | 52d | 54d | 61d |
| Days inventory outstanding | 33d | 30d | 32d | 33d | 34d | 29d |
| Days payable outstanding | 51d | 47d | 52d | 53d | 50d | 51d |
| Cash conversion cycle | 28d | 25d | 30d | 32d | 37d | 39d |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -4.7% | 0.7% | 4.8% | 12.5% | 9.5% | -27.9% |
| Revenue CAGR (3y) | 0.2% | 5.9% | 8.9% | -3.9% | 9.3% | - |
| Revenue CAGR (5y) | 4.4% | -1.3% | 9.0% | - | - | - |
| Gross profit growth (YoY) | -5.0% | 18.8% | -11.4% | -2.5% | 24.0% | -35.4% |
| Operating income growth (YoY) | -53.5% | 64.7% | -39.9% | 1.4% | - | -31.3% |
| Net income growth (YoY) | - | - | - | 989.8% | - | -15.9% |
| EPS growth (YoY) | - | - | - | 960.0% | - | -15.1% |
| EPS CAGR (3y) | - | 79.7% | - | - | - | - |
| EPS CAGR (5y) | - | - | - | -30.2% | -56.1% | - |
| FCF growth (YoY) | -25.2% | 2.9% | -27.4% | -22.3% | 49.4% | 89.3% |
| FCF CAGR (5y) | -8.3% | 10.4% | -4.0% | 10.4% | 14.1% | 5.4% |
| Book value growth (YoY) | 13.7% | -7.0% | -3.6% | 37.0% | 23.6% | -62.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$5.84B totalDriveline$4.06B · 69.5%
Metal Forming$1.78B · 30.5%
Geographic
$8.94B totalNorth America$3.09B · 34.6%
MX$2.18B · 24.3%
US$2.16B · 24.2%
Asia$524.10M · 5.9%
Europe$338.90M · 3.8%
Asiaexcluding China$293.60M · 3.3%
CN$242.70M · 2.7%
South America$103.50M · 1.2%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.19
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Motor Vehicle Parts & Accessories
Comparing AMERICAN AXLE & MANUFACTURING HOLDINGS INC against the 5 most active filers in the same SIC group.