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American Axle & Manufacturing Holdings, Inc.

American Axle & Manufacturing Holdings, Inc.

NYSE•AXL
CEO: Mr. David Charles Dauch
Sector: Consumer Cyclical
Industry: Auto - Parts
Listing Date: 1999-01-29
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. It operates through two segments, 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 range of products, such as engine, transmission, driveline, and safety-critical components for traditional internal combustion engine and electric vehicle architectures, including light vehicles, commercial vehicles, and off-highway vehicles, as well as products for industrial markets. It operates in North America, Asia, Europe, and South America. American Axle & Manufacturing Holdings, Inc. was founded in 1994 and is headquartered in Detroit, Michigan.
Contact Information
One Dauch Drive, Detroit, MI, 48211-1198, United States
313-758-2000
www.aam.com
Market Cap
$753.52M
P/E (TTM)
18.3
28.1
Dividend Yield
--
52W High
$7.03
52W Low
$3.00
52W Range
83%
2.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q2 2025 Data

Revenue

$1.54B-5.89%
4-Quarter Trend

EPS

$0.32+113.33%
4-Quarter Trend

FCF

$34.60M-62.51%
4-Quarter Trend

2025 Q2 Earnings Highlights

Key Highlights

Net Income Doubles Q2 Net Income reached $39.3M, significantly up from $18.2M last year, driven by derivative gains.
Derivative Gain Boosts Results Recognized $46.3M unrealized gain on Business Combination Derivative in Q2 2025, impacting Other Income.
Strong Liquidity Position Total liquidity exceeds $1.5B including $586.5M cash and $897.1M available under Revolving Credit Facility.
Six Month EPS Rises Six months diluted EPS was $0.38 in 2025, compared to $0.32 in 2024, despite 9.0% sales decline.

Risk Factors

Quarterly Sales Decline Net sales fell 5.9% to $1,536.2M in Q2 2025, primarily reflecting lower production volumes on vehicle programs.
Operating Income Pressured Operating income dropped 36.4% to $55.0M in Q2 2025, impacted by lower sales and high restructuring costs.
High Integration Expenses Restructuring and acquisition costs totaled $36.2M for six months 2025, driven by pending Dowlais Business Combination.
Dowlais Synergy Failure Risk exists that anticipated benefits and operating synergies from the Dowlais Business Combination may not be realized fully.

Outlook

Dowlais Acquisition Closing Business Combination with Dowlais expected to close in the fourth quarter of 2025, pending regulatory approvals.
Significant Debt Incurrence Expect to incur approximately $2.2B in additional indebtedness to finance the cash consideration for the Dowlais acquisition.
2025 Restructuring Forecast Expect to incur approximately $30M to $40M of total restructuring charges during the remainder of fiscal year 2025.
Capital Spending Guidance Capital expenditures for 2025 are expected to approximate 5% of sales, supporting ongoing operational needs.

Peer Comparison

Revenue (TTM)

American Axle & Manufacturing Holdings, Inc.AXL
$5.83B
-6.7%
Bloomin' Brands, Inc.BLMN
$4.06B
-11.5%
Hovnanian Enterprises, Inc.HOV
$3.14B
+7.9%

Gross Margin (Latest Quarter)

Hovnanian Enterprises, Inc.HOV
96.4%
+77.4 pp
Cars.com Inc.CARS
82.9%
-30.7 pp
Bloomin' Brands, Inc.BLMN
70.2%
+59.2 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
SMP$842.53M12.810.0%32.3%
ECX$805.41M-9.843.5%79.6%
AXL$753.52M18.36.7%51.8%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
+0.7%
Moderate Growth
4Q Net Income CAGR
+55.6%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Reports
All Years
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 8, 2025|
    Revenue: $1.54B-5.9%
    |
    EPS: $0.32+113.3%
    Beat
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 2, 2025|
    Revenue: $1.41B-12.2%
    |
    EPS: $0.06-64.5%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 14, 2025|
    Revenue: $6.12B+0.7%
    |
    EPS: $0.29+200.0%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 8, 2024|
    Revenue: $1.50B-3.0%
    |
    EPS: $0.09-156.7%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 9, 2024|
    Revenue: $1.63B+3.9%
    |
    EPS: $0.15+122.2%
    Beat
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 3, 2024|
    Revenue: $1.61B+7.6%
    |
    EPS: $0.17-292.1%
    Beat
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 16, 2024|
    Revenue: $6.08B+4.8%
    |
    EPS: $-0.29-153.7%
    Miss
  • Form 10-Q - Q3 2023

    Period End: Sep 30, 2023|Filed: Nov 3, 2023|
    Revenue: $1.55B+1.1%
    |
    EPS: $-0.15-165.2%
    Miss