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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	5,833	6,125	6,080	5,802	5,157	4,711
Revenue Growth (YoY)	-6.73%	0.75%	4.78%	12.52%	9.46%	-27.87%
Cost of Revenue	5,133	5,384	5,455	5,098	4,434	4,128
Gross Profit	700.2	741.4	624.3	704.9	722.7	582.7
Selling, General & Admin	377.9	386.4	367.3	346.3	342	315.3
Operating Expenses	460.5	469.3	452.9	432	427.8	401.9
Operating Income	239.7	272.1	171.4	272.9	294.9	180.8
Interest Expense	-175.1	-186	-201.7	-174.5	-195.2	-212.3
Interest & Investment Income	24.9	28.1	26.2	17	10.9	11.6
Currency Exchange Gain (Loss)	-43.6	-17	12.8	1.9	-1.7	-0.5
Other Non Operating Income (Expenses)	35.7	-3.7	-4.3	-2.5	-3.7	-3.3
EBT Excluding Unusual Items	81.6	93.5	4.4	114.8	105.2	-23.7
Merger & Restructuring Charges	-46.7	-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	-20	-12	-	-	-	-
Other Unusual Items	64.6	-0.6	-2.6	7.2	-76.3	-8.4
Pretax Income	79.5	62.8	-24.5	66.3	1.2	-610.3
Income Tax Expense	36.8	27.8	9.1	2	-4.7	-49.2
Earnings From Continuing Operations	42.7	35	-33.6	64.3	5.9	-561.1
Minority Interest in Earnings	-	-	-	-	-	-0.2
Net Income	42.7	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	40.9	33.8	-33.6	61.6	5.7	-561.3
Net Income Growth	1840.91%	-	-	989.83%	-	-
Shares Outstanding (Basic)	118	118	117	115	114	113
Shares Outstanding (Diluted)	118	118	117	116	114	113
Shares Change (YoY)	0.73%	0.94%	0.95%	1.23%	0.88%	0.71%
EPS (Basic)	0.35	0.29	-0.29	0.54	0.05	-4.96
EPS (Diluted)	0.35	0.29	-0.29	0.53	0.05	-4.96
EPS Growth	3967.82%	-	-	960.00%	-	-
Free Cash Flow	161.7	204.3	199.4	273.5	357.2	239
Free Cash Flow Per Share	1.37	1.74	1.71	2.37	3.13	2.11
Gross Margin	12.00%	12.11%	10.27%	12.15%	14.02%	12.37%
Operating Margin	4.11%	4.44%	2.82%	4.70%	5.72%	3.84%
Profit Margin	0.70%	0.55%	-0.55%	1.06%	0.11%	-11.92%
Free Cash Flow Margin	2.77%	3.34%	3.28%	4.71%	6.93%	5.07%
EBITDA	697.7	741.8	658.6	765	839.2	702.7
EBITDA Margin	11.96%	12.11%	10.83%	13.18%	16.27%	14.92%
D&A For EBITDA	458	469.7	487.2	492.1	544.3	521.9
EBIT	239.7	272.1	171.4	272.9	294.9	180.8
EBIT Margin	4.11%	4.44%	2.82%	4.70%	5.72%	3.84%
Effective Tax Rate	46.29%	44.27%	-	3.02%	-	-

Updated Aug 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q