See more : Indian Oil Corporation Limited (IOC.NS) Income Statement Analysis – Financial Results
Complete financial analysis of American Axle & Manufacturing Holdings, Inc. (AXL) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of American Axle & Manufacturing Holdings, Inc., a leading company in the Auto – Parts industry within the Consumer Cyclical sector.
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American Axle & Manufacturing Holdings, Inc. (AXL)
About American Axle & Manufacturing Holdings, Inc.
American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming technologies that supports electric, hybrid, and internal combustion vehicles in the United States, Mexico, South America, China, other Asian countries, and Europe. It operates through Driveline and Metal Forming segments. The Driveline segment offers front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disconnecting driveline technology, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles, crossover vehicles, passenger cars, and commercial vehicles. The Metal Forming segment provides axle and transmission shafts, ring and pinion gears, differential gears and assemblies, and connecting rods and variable valve timing products for original equipment manufacturers and tier 1 automotive suppliers. American Axle & Manufacturing Holdings, Inc. has technology development agreement with Suzhou Inovance Automotive Ltd. and REE Automotive Ltd. American Axle & Manufacturing Holdings, Inc. was founded in 1994 and is headquartered in Detroit, Michigan.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.08B | 5.80B | 5.16B | 4.71B | 6.53B | 7.27B | 6.27B | 3.95B | 3.90B | 3.70B | 3.21B | 2.93B | 2.59B | 2.28B | 1.52B | 2.11B | 3.25B | 3.19B | 3.39B | 3.60B | 3.68B | 3.48B | 3.11B | 3.07B | 2.95B | 2.04B |
| Cost of Revenue | 5.46B | 5.10B | 4.43B | 4.13B | 5.63B | 6.13B | 5.15B | 3.22B | 3.27B | 3.17B | 2.73B | 2.53B | 2.13B | 1.88B | 1.55B | 2.97B | 2.97B | 3.32B | 3.08B | 3.13B | 3.14B | 2.99B | 2.70B | 2.54B | 2.48B | 1.81B |
| Gross Profit | 624.30M | 704.90M | 722.70M | 582.70M | 902.60M | 1.14B | 1.12B | 726.10M | 635.40M | 522.80M | 478.70M | 399.70M | 455.10M | 401.70M | -31.10M | -865.20M | 278.40M | -128.60M | 304.70M | 474.50M | 540.30M | 491.70M | 409.70M | 529.90M | 474.90M | 228.10M |
| Gross Profit Ratio | 10.27% | 12.15% | 14.02% | 12.37% | 13.82% | 15.69% | 17.86% | 18.39% | 16.28% | 14.15% | 14.93% | 13.64% | 17.61% | 17.60% | -2.04% | -41.02% | 8.57% | -4.03% | 9.00% | 13.18% | 14.67% | 14.13% | 13.19% | 17.26% | 16.08% | 11.18% |
| Research & Development | 155.40M | 144.00M | 116.80M | 117.40M | 144.70M | 146.20M | 161.50M | 139.80M | 113.90M | 103.90M | 103.40M | 123.40M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 385.70M | 390.10M | 319.20M | 277.30M | 255.20M | 238.40M | 243.30M | 231.70M | 197.60M | 172.70M | 185.40M | 202.80M | 197.40M | 199.60M | 189.70M | 194.00M | 180.50M | 164.40M | 162.60M | 143.30M | 106.20M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 366.90M | 345.10M | 344.20M | 313.90M | 364.70M | 385.70M | 390.10M | 319.20M | 277.30M | 255.20M | 238.40M | 243.30M | 231.70M | 197.60M | 172.70M | 185.40M | 202.80M | 197.40M | 199.60M | 189.70M | 194.00M | 180.50M | 164.40M | 162.60M | 143.30M | 106.20M |
| Other Expenses | -45.00M | 85.70M | 85.80M | 86.60M | 95.40M | -2.20M | -6.80M | 8.80M | 12.00M | 6.90M | -1.90M | -4.10M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.00M | 107.90M | 89.50M | 71.70M |
| Operating Expenses | 366.90M | 430.80M | 430.00M | 400.50M | 460.10M | 485.10M | 465.40M | 319.20M | 277.30M | 255.20M | 238.40M | 243.30M | 231.70M | 197.60M | 172.70M | 185.40M | 202.80M | 197.40M | 199.60M | 189.70M | 194.00M | 180.50M | 168.40M | 270.50M | 232.80M | 177.90M |
| Cost & Expenses | 5.93B | 5.53B | 4.86B | 4.53B | 6.09B | 6.62B | 5.61B | 3.54B | 3.55B | 3.43B | 2.97B | 2.77B | 2.36B | 2.08B | 1.73B | 3.16B | 3.17B | 3.52B | 3.28B | 3.31B | 3.34B | 3.17B | 2.87B | 2.81B | 2.71B | 1.99B |
| Interest Income | 26.20M | 17.00M | 10.90M | 11.60M | 5.80M | 2.00M | 2.90M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.80M | 2.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 201.70M | 174.50M | 195.20M | 212.30M | 217.30M | 216.30M | 195.60M | 93.40M | 99.20M | 99.90M | 115.90M | 101.60M | 83.90M | 89.00M | 84.50M | 70.40M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 487.20M | 492.10M | 544.30M | 521.90M | 536.90M | 466.40M | 376.90M | 165.40M | 198.40M | 199.90M | 177.00M | 152.20M | 139.40M | 131.60M | 134.70M | 199.50M | 229.40M | 206.00M | 185.10M | 171.10M | 163.10M | 145.80M | 126.60M | 107.90M | 89.50M | 71.70M |
| EBITDA | 668.00M | 732.90M | 839.20M | 109.70M | 227.60M | 591.40M | 912.50M | 594.20M | 570.30M | 476.50M | 417.30M | 285.30M | 347.60M | 331.90M | -77.90M | -851.40M | 305.00M | -110.50M | 290.20M | 455.90M | 509.40M | 457.00M | 367.90M | 367.30M | 331.60M | 119.00M |
| EBITDA Ratio | 10.99% | 13.47% | 15.56% | 15.07% | 14.74% | 16.26% | 17.16% | 15.64% | 14.57% | 12.84% | 12.95% | 10.39% | 14.03% | 14.87% | -4.41% | -40.22% | 9.57% | -4.05% | 8.51% | 13.32% | 13.73% | 12.75% | 11.87% | 11.87% | 11.37% | 5.99% |
| Operating Income | 146.60M | 243.90M | 240.60M | 188.10M | 426.00M | 106.40M | 543.00M | 380.70M | 358.10M | 267.60M | 240.30M | 156.40M | 223.40M | 204.10M | -203.80M | -1.05B | 75.60M | -326.00M | 105.10M | 284.80M | 346.30M | 311.20M | 241.30M | 259.40M | 242.10M | 50.20M |
| Operating Income Ratio | 2.41% | 4.20% | 4.67% | 3.99% | 6.52% | 1.46% | 8.67% | 9.64% | 9.17% | 7.24% | 7.49% | 5.34% | 8.64% | 8.94% | -13.39% | -49.81% | 2.33% | -10.21% | 3.10% | 7.91% | 9.40% | 8.94% | 7.77% | 8.45% | 8.20% | 2.46% |
| Total Other Income/Expenses | -171.10M | -177.60M | -239.40M | -214.30M | -231.40M | -220.30M | -203.00M | -81.70M | -85.40M | -90.90M | -154.00M | -124.90M | -85.30M | -85.30M | -93.30M | -70.70M | -58.00M | -29.50M | -25.10M | -49.00M | -43.10M | -37.40M | -60.40M | -56.00M | -58.70M | -44.60M |
| Income Before Tax | -24.50M | 66.30M | 1.20M | -610.30M | -533.00M | -113.90M | 340.00M | 299.00M | 272.70M | 176.70M | 86.30M | 31.50M | 138.10M | 118.80M | -297.10M | -1.12B | 17.60M | -355.50M | 80.00M | 235.80M | 303.20M | 273.80M | 180.90M | 203.40M | 183.40M | 5.60M |
| Income Before Tax Ratio | -0.40% | 1.14% | 0.02% | -12.96% | -8.16% | -1.57% | 5.43% | 7.57% | 6.99% | 4.78% | 2.69% | 1.07% | 5.34% | 5.20% | -19.53% | -53.16% | 0.54% | -11.14% | 2.36% | 6.55% | 8.23% | 7.87% | 5.82% | 6.63% | 6.21% | 0.27% |
| Income Tax Expense | 9.10M | 2.00M | -4.70M | -49.20M | -48.90M | -57.10M | 2.50M | 58.30M | 37.10M | 33.70M | -8.20M | -335.20M | 1.00M | 4.30M | -43.80M | 103.30M | -19.40M | -133.00M | 24.00M | 76.30M | 106.10M | 97.70M | 66.00M | 74.20M | 67.80M | 2.10M |
| Net Income | -33.60M | 64.30M | 5.90M | -561.10M | -484.10M | -57.50M | 337.10M | 240.70M | 235.60M | 143.00M | 94.50M | 367.70M | 142.80M | 115.40M | -253.10M | -1.22B | 37.00M | -222.50M | 56.00M | 159.50M | 197.10M | 176.10M | 114.90M | 129.20M | 115.60M | 3.50M |
| Net Income Ratio | -0.55% | 1.11% | 0.11% | -11.91% | -7.41% | -0.79% | 5.38% | 6.10% | 6.04% | 3.87% | 2.95% | 12.55% | 5.52% | 5.05% | -16.63% | -58.05% | 1.14% | -6.97% | 1.65% | 4.43% | 5.35% | 5.06% | 3.70% | 4.21% | 3.91% | 0.17% |
| EPS | -0.29 | 0.54 | 0.05 | -4.96 | -4.31 | -0.52 | 3.22 | 3.08 | 3.03 | 1.85 | 1.23 | 4.88 | 1.91 | 1.61 | -4.81 | -23.73 | 0.72 | -4.42 | 1.12 | 3.09 | 3.84 | 3.62 | 2.55 | 2.79 | 2.87 | 0.11 |
| EPS Diluted | -0.29 | 0.53 | 0.05 | -4.96 | -4.31 | -0.52 | 3.21 | 3.06 | 3.02 | 1.85 | 1.23 | 4.87 | 1.89 | 1.55 | -4.81 | -23.73 | 0.70 | -4.42 | 1.10 | 2.98 | 3.70 | 3.38 | 2.36 | 2.60 | 2.34 | 0.08 |
| Weighted Avg Shares Out | 116.60M | 114.50M | 113.90M | 113.10M | 112.30M | 111.60M | 102.30M | 76.40M | 75.90M | 75.70M | 75.20M | 74.80M | 74.90M | 71.50M | 52.60M | 51.60M | 51.10M | 50.34M | 50.00M | 51.62M | 51.33M | 48.65M | 45.06M | 46.31M | 40.28M | 31.82M |
| Weighted Avg Shares Out (Dil) | 116.60M | 115.50M | 114.10M | 113.10M | 112.30M | 111.60M | 102.80M | 76.90M | 76.30M | 75.90M | 75.30M | 74.90M | 75.40M | 74.50M | 52.60M | 51.60M | 52.70M | 50.34M | 50.91M | 53.52M | 53.27M | 52.10M | 48.69M | 49.69M | 49.40M | 43.75M |
AAM to Present at the Barclays Global Automotive and Mobility Tech Conference on November 30
DETROIT , Nov. 22, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the Barclays Global Automotive and Mobility Tech Conference on November 30. AAM is scheduled to present at 2:35 p.m.
AAM to Present at the Bank of America Securities 2023 Leveraged Finance Conference on November 28
DETROIT , Nov. 22, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the Bank of America Securities 2023 Leveraged Finance Conference on November 28. AAM is scheduled to present at 10:10 a.m.
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American Axle (AXL) Q3 Loss Wider Than Expected, Revenues Beat
American Axle (AXL) now envisions full-year 2023 revenues in the range of $6-$6.1 billion compared with $5.95-$6.25 billion projected in the previous quarter.
New Strong Sell Stocks for November 6th
AXL, AAL and AAL have been added to the Zacks Rank #5 (Strong Sell) List on November 6, 2023.
American Axle & Manufacturing Holdings, Inc. (AXL) Q3 2023 Earnings Call Transcript
American Axle & Manufacturing Holdings, Inc. (NYSE:AXL ) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants David Lim - Head of Investor Relations David Dauch - Chairman and Chief Executive Officer Christopher May - Executive...
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Here's What Key Metrics Tell Us About American Axle (AXL) Q3 Earnings
The headline numbers for American Axle (AXL) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
AAM Reports Third Quarter 2023 Financial Results
Generates Strong Cash Flow DETROIT , Nov. 3, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the third quarter 2023. Third Quarter 2023 Results Sales of $1.55 billion Net loss...
Earnings Preview: American Axle & Manufacturing (AXL) Q3 Earnings Expected to Decline
American Axle (AXL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Source: https://incomestatements.info
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