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 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.38B | - | $1.51B | $1.54B | $1.41B | - | $1.50B | $1.63B | $1.61B | - |
| Cost of Revenue | $2.15B | - | $1.32B | $1.34B | $1.24B | - | $1.33B | $1.42B | $1.41B | - |
| Gross Profit | $225.40M | - | $189.00M | $200.70M | $173.90M | - | $171.30M | $217.30M | $198.50M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $137.30M | - | $98.80M | $100.80M | $90.90M | - | $94.60M | $105.20M | $98.30M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $181.80M | - | $116.30M | $113.50M | $112.20M | - | $116.90M | $119.60M | $117.80M | - |
| Operating Income | ($33.70M) | - | $48.40M | $55.00M | $42.70M | - | $41.70M | $86.50M | $77.00M | - |
| Interest Expense | $89.60M | - | $42.70M | $43.10M | $42.90M | - | $45.20M | $47.90M | $49.00M | - |
| Income Tax | ($19.60M) | - | ($10.90M) | $28.10M | $14.00M | - | ($12.10M) | $17.20M | $15.90M | - |
| Net Income | ($100.30M) | - | $9.20M | $39.30M | $7.10M | - | $10.00M | $18.20M | $20.50M | - |
| EPS - Basic | ($0.52) | - | $0.07 | $0.32 | $0.06 | - | $0.08 | $0.15 | $0.17 | - |
| EPS - Diluted | ($0.52) | - | $0.07 | $0.32 | $0.06 | - | $0.08 | $0.15 | $0.17 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.01B | $708.90M | $714.10M | $586.50M | $549.20M | $552.90M | $542.50M | $519.90M | $469.80M | $519.90M |
| Accounts Receivable | $1.54B | $733.00M | $857.20M | $844.50M | $817.40M | $709.10M | $900.10M | $935.40M | $960.50M | $818.50M |
| Inventory | $1.00B | $466.40M | $442.40M | $449.10M | $434.30M | $442.50M | $465.60M | $469.20M | $476.80M | $482.90M |
| Accounts Payable | $1.64B | $718.30M | $798.80M | $771.80M | $745.30M | $700.50M | $805.70M | $837.60M | $830.10M | $773.90M |
| Current Assets | $3.89B | $3.63B | $2.25B | $2.17B | $2.03B | $1.91B | $2.14B | $2.11B | $2.09B | $2.01B |
| Total Assets | $11.27B | $6.67B | $5.34B | $5.27B | $5.14B | $5.06B | $5.33B | $5.34B | $5.37B | $5.36B |
| Current Liabilities | $2.79B | $1.23B | $1.27B | $1.23B | $1.18B | $1.18B | $1.29B | $1.26B | $1.24B | $1.20B |
| Long-term Debt | $5.25B | $4.08B | $2.63B | $2.63B | $2.65B | $2.61B | $2.68B | $2.73B | $2.78B | $2.79B |
| Total Liabilities | $9.77B | $6.03B | $4.62B | $4.60B | $4.54B | $4.50B | $4.71B | $4.73B | $4.75B | $4.75B |
| Stockholders' Equity | $1.50B | $640.00M | $718.40M | $673.00M | $596.30M | $562.80M | $616.30M | $609.60M | $621.40M | $604.90M |
| Retained Earnings | ($368.20M) | ($267.90M) | ($192.60M) | ($201.80M) | ($241.10M) | ($248.20M) | ($234.50M) | ($244.50M) | ($262.70M) | ($283.20M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($64.40M) | - | - | - | $55.90M | - | - | - | $17.80M | - |
| Investing Cash Flow | ($347.50M) | - | - | - | ($40.20M) | - | - | - | ($48.20M) | - |
| Financing Cash Flow | ($775.50M) | - | - | - | ($24.00M) | - | - | - | ($16.00M) | - |
| CapEx | $103.60M | - | - | - | $69.30M | - | - | - | $48.00M | - |
| Free Cash Flow | ($168.00M) | - | - | - | ($13.40M) | - | - | - | ($30.20M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 9.5% | - | 12.6% | 13.1% | 12.3% | - | 11.4% | 13.3% | 12.4% | - |
| Operating margin | -1.4% | - | 3.2% | 3.6% | 3.0% | - | 2.8% | 5.3% | 4.8% | - |
| EBITDA margin | 6.2% | - | 10.9% | 11.0% | 11.0% | - | 10.5% | 12.6% | 12.1% | - |
| Net margin | -4.2% | - | 0.6% | 2.6% | 0.5% | - | 0.7% | 1.1% | 1.3% | - |
| Free cash flow margin | -7.1% | - | - | - | -0.9% | - | - | - | -1.9% | - |
| FCF / Net income | 1.67 | - | - | - | -1.89 | - | - | - | -1.47 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 5.8% | - | 6.6% | 6.6% | 6.4% | - | 6.3% | 6.4% | 6.1% | - |
| Effective tax rate | - | - | - | 41.7% | 66.4% | - | - | 48.6% | 43.7% | - |
| Return on assets | -0.9% | - | 0.2% | 0.7% | 0.1% | - | 0.2% | 0.3% | 0.4% | - |
| Return on equity | -6.7% | - | 1.3% | 5.8% | 1.2% | - | 1.6% | 3.0% | 3.3% | - |
| Return on invested capital | -0.4% | - | 1.1% | 1.0% | 0.7% | - | 1.0% | 1.3% | 1.3% | - |
| Liquidity | ||||||||||
| Current ratio | 1.40 | 2.95 | 1.77 | 1.77 | 1.72 | 1.63 | 1.65 | 1.68 | 1.69 | 1.67 |
| Quick ratio | 1.04 | 2.57 | 1.43 | 1.40 | 1.35 | 1.25 | 1.29 | 1.30 | 1.31 | 1.27 |
| Cash ratio | 0.36 | 0.57 | 0.56 | 0.48 | 0.46 | 0.47 | 0.42 | 0.41 | 0.38 | 0.43 |
| Leverage | ||||||||||
| Debt / Equity | 3.51 | 6.38 | 3.66 | 3.91 | 4.44 | 4.64 | 4.34 | 4.49 | 4.47 | 4.62 |
| Debt / Assets | 0.47 | 0.61 | 0.49 | 0.50 | 0.51 | 0.52 | 0.50 | 0.51 | 0.52 | 0.52 |
| Debt / EBITDA | 35.48 | - | 15.98 | 15.63 | 17.08 | - | 16.87 | 13.27 | 14.25 | - |
| Interest coverage | -0.4x | - | 1.1x | 1.3x | 1.0x | - | 0.9x | 1.8x | 1.6x | - |
| Equity multiplier | 7.52 | 10.42 | 7.44 | 7.84 | 8.62 | 8.99 | 8.65 | 8.75 | 8.64 | 8.85 |
| Liabilities / Assets | 0.87 | 0.90 | 0.87 | 0.87 | 0.88 | 0.89 | 0.88 | 0.89 | 0.88 | 0.89 |
| Efficiency | ||||||||||
| Asset turnover | 0.21 | - | 0.28 | 0.29 | 0.27 | - | 0.28 | 0.31 | 0.30 | - |
| Inventory turnover | 2.14 | - | 2.98 | 2.97 | 2.85 | - | 2.86 | 3.02 | 2.95 | - |
| Days sales outstanding | 236d | - | 208d | 201d | 211d | - | 218d | 209d | 218d | - |
| Days inventory outstanding | 170d | - | 123d | 123d | 128d | - | 127d | 121d | 124d | - |
| Days payable outstanding | 278d | - | 222d | 211d | 220d | - | 221d | 216d | 215d | - |
| Cash conversion cycle | 127d | - | 109d | 112d | 120d | - | 125d | 114d | 127d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 68.6% | - | 0.0% | -5.9% | -12.2% | - | -3.0% | 3.9% | 7.6% | - |
| Revenue CAGR (3y) | 16.8% | - | -0.7% | 2.2% | -0.6% | - | 7.4% | 8.3% | 4.1% | - |
| Revenue CAGR (5y) | 10.8% | - | 1.3% | 24.4% | 1.0% | - | -2.1% | -0.9% | -1.3% | - |
| Gross profit growth (YoY) | 29.6% | - | 10.3% | -7.6% | -12.4% | - | 31.2% | 21.9% | 23.6% | - |
| Operating income growth (YoY) | - | - | 16.1% | -36.4% | -44.5% | - | 74.5% | 49.7% | 113.3% | - |
| Net income growth (YoY) | - | - | -8.0% | 115.9% | -65.4% | - | - | 127.5% | - | - |
| EPS growth (YoY) | - | - | -12.5% | 113.3% | -64.7% | - | - | 114.3% | - | - |
| EPS CAGR (3y) | - | - | -31.7% | 19.0% | 81.7% | - | - | 4.9% | -19.8% | - |
| EPS CAGR (5y) | - | - | -41.1% | - | - | - | - | -19.7% | -13.9% | - |
| FCF growth (YoY) | -1153.7% | - | - | - | 55.6% | - | - | - | -108.3% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 151.3% | 13.7% | 16.6% | 10.4% | -4.0% | -7.0% | 0.4% | -5.5% | -0.0% | -3.6% |
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%
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.