American Axle & Manufacturing Holdings, Inc. (AXL)

AXL Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	5,834	6,125	6,080	5,802	5,157	4,711
Revenue Growth (YoY)	-6.02%	0.75%	4.78%	12.52%	9.46%	-27.87%
Cost of Revenue	5,116	5,384	5,455	5,098	4,434	4,128
Gross Profit	717.9	741.4	624.3	704.9	722.7	582.7
Selling, General & Admin	383.7	386.4	367.3	346.3	342	315.3
Amortization of Goodwill & Intangibles	82.2	82.9	85.6	85.7	85.8	86.6
Operating Expenses	465.9	469.3	452.9	432	427.8	401.9
Operating Income	252	272.1	171.4	272.9	294.9	180.8
Interest Expense	-172.6	-186	-201.7	-174.5	-195.2	-212.3
Interest & Investment Income	24.8	28.1	26.2	17	10.9	11.6
Currency Exchange Gain (Loss)	-32.3	-17	12.8	1.9	-1.7	-0.5
Other Non Operating Income (Expenses)	33.1	-3.7	-4.3	-2.5	-3.7	-3.3
EBT Excluding Unusual Items	105	93.5	4.4	114.8	105.2	-23.7
Merger & Restructuring Charges	-65.9	-18	-25.2	-30.2	-49.4	-67.2
Impairment of Goodwill	-	-	-	-	-	-510
Gain (Loss) on Sale of Investments	-	-0.1	-1.1	-25.5	24.4	-
Gain (Loss) on Sale of Assets	-	-	-	-	-2.7	-1
Asset Writedown	-8	-12	-	-	-	-
Other Unusual Items	48.8	-0.6	-2.6	7.2	-76.3	-8.4
Pretax Income	79.9	62.8	-24.5	66.3	1.2	-610.3
Income Tax Expense	38	27.8	9.1	2	-4.7	-49.2
Earnings From Continuing Operations	41.9	35	-33.6	64.3	5.9	-561.1
Minority Interest in Earnings	-	-	-	-	-	-0.2
Net Income	41.9	35	-33.6	64.3	5.9	-561.3
Preferred Dividends & Other Adjustments	1.8	1.2	-	2.7	0.2	-
Net Income to Common	40.1	33.8	-33.6	61.6	5.7	-561.3
Net Income Growth	41.55%	-	-	989.83%	-	-
Shares Outstanding (Basic)	118	118	117	115	114	113
Shares Outstanding (Diluted)	118	118	117	116	114	113
Shares Change (YoY)	0.81%	0.94%	0.95%	1.23%	0.88%	0.71%
EPS (Basic)	0.34	0.29	-0.29	0.54	0.05	-4.96
EPS (Diluted)	0.34	0.29	-0.29	0.53	0.05	-4.96
EPS Growth	46.55%	-	-	960.00%	-	-
Free Cash Flow	170.5	204.3	199.4	273.5	357.2	239
Free Cash Flow Per Share	1.44	1.74	1.71	2.37	3.13	2.11
Gross Margin	12.31%	12.11%	10.27%	12.15%	14.02%	12.37%
Operating Margin	4.32%	4.44%	2.82%	4.70%	5.72%	3.84%
Profit Margin	0.69%	0.55%	-0.55%	1.06%	0.11%	-11.92%
Free Cash Flow Margin	2.92%	3.34%	3.28%	4.71%	6.93%	5.07%
EBITDA	709.4	741.8	658.6	765	839.2	702.7
EBITDA Margin	12.16%	12.11%	10.83%	13.18%	16.27%	14.92%
D&A For EBITDA	457.4	469.7	487.2	492.1	544.3	521.9
EBIT	252	272.1	171.4	272.9	294.9	180.8
EBIT Margin	4.32%	4.44%	2.82%	4.70%	5.72%	3.84%
Effective Tax Rate	47.56%	44.27%	-	3.02%	-	-

Updated Nov 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q