American Axle & Manufacturing Holdings Inc (AXL) Financial Statements
Industry: Motor Vehicle Parts & Accessories
In fiscal 2025, American Axle & Manufacturing reported revenue of $5.84B, down 4.7% from $6.12B the year before. Net income was -$19.7M (a -0.3% net margin), or -$0.17 per diluted share. Gross margin was 12.1% and operating margin was 1.9%. Operating activities generated $411.6M of cash, leaving $155.1M of free cash flow. At fiscal year end, American Axle & Manufacturing held $6.67B in total assets against $6.03B in total liabilities, including $708.9M of cash and equivalents.
Open the full interactive American Axle & Manufacturing financials → Quarterly statements, key ratios, valuation history and price charts.
American Axle & Manufacturing Key Stats
| Share Price | $5.50 |
|---|---|
| Market Cap | $1.31B |
| Revenue YoY Growth | -4.7% |
| 52-Week Range | $5.09 – $9.00 |
| Shares Outstanding | 237.2 million (basic, 2026 Q2) |
American Axle & Manufacturing Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $4.71B | $5.16B | $5.80B | $6.08B | $6.12B | $5.84B |
| Cost of Goods Sold | $4.13B | $4.43B | $5.10B | $5.46B | $5.38B | $5.13B |
| Gross Profit | $582.7M | $722.7M | $704.9M | $624.3M | $741.4M | $704.5M |
| Operating Income | -$396.0M | $240.6M | $243.9M | $146.6M | $241.4M | $112.3M |
| Pre-Tax Income | -$610.3M | $1.2M | $66.3M | -$24.5M | $62.8M | $1.5M |
| Income Tax | -$49.2M | -$4.7M | $2.0M | $9.1M | $27.8M | $21.2M |
| Net Income | -$561.3M | $5.9M | $64.3M | -$33.6M | $35.0M | -$19.7M |
| Diluted EPS | -$4.96 | $0.05 | $0.53 | -$0.29 | $0.29 | -$0.17 |
American Axle & Manufacturing Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.51B | $1.38B | $2.38B | $2.96B |
| Net Income | $9.2M | -$75.3M | -$100.3M | $1.0M |
| Diluted EPS | $0.07 | -$0.64 | -$0.52 | — |
American Axle & Manufacturing Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $557.0M | $530.2M | $511.5M | $519.9M | $552.9M | $708.9M |
| Current Assets | $1.88B | $1.86B | $1.99B | $2.01B | $1.91B | $3.63B |
| Total Assets | $5.92B | $5.64B | $5.47B | $5.36B | $5.06B | $6.67B |
| Current Liabilities | $979.3M | $1.04B | $1.20B | $1.20B | $1.18B | $1.23B |
| Total Long-Term Debt | $3.50B | $3.14B | $2.97B | $2.81B | $2.66B | $4.09B |
| Total Liabilities | $5.54B | $5.18B | $4.84B | $4.75B | $4.50B | $6.03B |
| Shareholders' Equity | $370.5M | $457.8M | $627.3M | $604.9M | $562.8M | $640.0M |
American Axle & Manufacturing Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $454.7M | $538.4M | $448.9M | $396.1M | $455.4M | $411.6M |
| Cash From Investing | -$218.4M | -$161.1M | -$243.0M | -$184.5M | -$254.8M | -$169.6M |
| Cash From Financing | -$214.5M | -$401.4M | -$217.2M | -$205.5M | -$156.2M | $1.40B |
| Free Cash Flow | $239.1M | $357.2M | $277.5M | $201.5M | $207.4M | $155.1M |
Figures from American Axle & Manufacturing's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full American Axle & Manufacturing financials page for every line item.
American Axle & Manufacturing Company Profile
| Ticker | AXL |
|---|---|
| Exchange | NYSE |
| Industry | Motor Vehicle Parts & Accessories |
| Headquarters | Detroit, Michigan |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001062231 |
Frequently Asked Questions
What was American Axle & Manufacturing's revenue in fiscal 2025?
American Axle & Manufacturing (AXL) reported revenue of $5.84B for fiscal 2025.
What is American Axle & Manufacturing's annual revenue history?
American Axle & Manufacturing's annual revenue by fiscal year: 2020: $4.71B; 2021: $5.16B; 2022: $5.80B; 2023: $6.08B; 2024: $6.12B; 2025: $5.84B.
What was American Axle & Manufacturing's net income in fiscal 2025?
American Axle & Manufacturing reported net income of -$19.7M for fiscal 2025.
What was American Axle & Manufacturing's earnings per share (EPS) in fiscal 2025?
American Axle & Manufacturing's diluted EPS was -$0.17 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did American Axle & Manufacturing generate in fiscal 2025?
American Axle & Manufacturing generated $155.1M of free cash flow in fiscal 2025.
What was American Axle & Manufacturing's revenue last quarter?
In its most recent reported quarter (2026 Q2), American Axle & Manufacturing reported revenue of $2.96B.
How much debt does American Axle & Manufacturing have?
American Axle & Manufacturing reported $4.09B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of American Axle & Manufacturing are outstanding?
American Axle & Manufacturing reported a weighted average of 237.2 million basic shares outstanding in 2026 Q2.
What is American Axle & Manufacturing's market cap?
Based on its latest closing price, American Axle & Manufacturing (AXL) has a market capitalization of about $1.31B.
When does American Axle & Manufacturing's fiscal year end?
American Axle & Manufacturing's fiscal year end, as registered with the SEC, is December 31.
Where is American Axle & Manufacturing headquartered?
American Axle & Manufacturing lists its business address in Detroit, Michigan in its SEC filings.