AXL: American Axle & Manufacturing Holdings Inc Financial Statements

Balance sheet, income statement, and cash flow statements for American Axle & Manufacturing Holdings Inc (AXL).

OverviewDividends

$685.50M Market Cap.

As of 05/02/2025 5:00 PM ET (MRY) • Disclaimer

AXL Market Cap. (MRY)


AXL Shares Outstanding (MRY)


AXL Assets (MRY)


Total Assets

$5.06B

Total Liabilities

$4.50B

Total Investments

$0

AXL Income (MRY)


Revenue

$6.12B

Net Income

$35.00M

Operating Expense

$500.00M

AXL Cash Flow (MRY)


CF Operations

$455.40M

CF Investing

-$254.80M

CF Financing

-$156.20M

AXL Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$5,059,900,000 (-5.53%)

$5,356,300,000 (-2.07%)

$5,469,400,000 (-2.95%)

$5,635,700,000 (-4.74%)

Assets Current

$1,914,800,000 (-4.57%)

$2,006,600,000 (0.66%)

$1,993,400,000 (7.40%)

$1,856,000,000 (-1.12%)

Assets Non-Current

$3,145,100,000 (-6.11%)

$3,349,700,000 (-3.63%)

$3,476,000,000 (-8.04%)

$3,779,700,000 (-6.43%)

Goodwill & Intangible Assets

$628,700,000 (-12.06%)

$714,900,000 (-10.39%)

$797,800,000 (-9.44%)

$881,000,000 (-8.84%)

Shareholders Equity

$562,800,000 (-6.96%)

$604,900,000 (-3.57%)

$627,300,000 (37.02%)

$457,800,000 (23.56%)

Property Plant & Equipment Net

$1,733,100,000 (-7.64%)

$1,876,500,000 (-6.65%)

$2,010,200,000 (-5.17%)

$2,119,800,000 (-7.04%)

Cash & Equivalents

$552,900,000 (6.35%)

$519,900,000 (1.64%)

$511,500,000 (-3.53%)

$530,200,000 (-4.81%)

Accumulated Other Comprehensive Income

-$352,200,000 (-33.97%)

-$262,900,000 (4.54%)

-$275,400,000 (24.51%)

-$364,800,000 (15.59%)

Deferred Revenue

$51,200,000 (-41.15%)

$87,000,000 (-14.29%)

$101,500,000 (-17.41%)

$122,900,000 (7.43%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$442,500,000 (-8.37%)

$482,900,000 (4.10%)

$463,900,000 (13.04%)

$410,400,000 (26.98%)

Trade & Non-Trade Receivables

$709,100,000 (-13.37%)

$818,500,000 (-0.21%)

$820,200,000 (7.52%)

$762,800,000 (-3.83%)

Trade & Non-Trade Payables

$700,500,000 (-9.48%)

$773,900,000 (5.44%)

$734,000,000 (19.78%)

$612,800,000 (5.86%)

Accumulated Retained Earnings (Deficit)

-$248,200,000 (12.36%)

-$283,200,000 (-13.46%)

-$249,600,000 (20.48%)

-$313,900,000 (1.84%)

Tax Assets

$199,500,000 (17.77%)

$169,400,000 (42.35%)

$119,000,000 (-1.73%)

$121,100,000 (12.34%)

Tax Liabilities

$11,800,000 (-28.48%)

$16,500,000 (54.21%)

$10,700,000 (-20.74%)

$13,500,000 (2.27%)

Total Debt

$2,737,500,000 (-5.16%)

$2,886,300,000 (-4.72%)

$3,029,300,000 (-6.18%)

$3,229,000,000 (-9.60%)

Debt Current

$70,700,000 (81.75%)

$38,900,000 (-59.90%)

$97,000,000 (123.50%)

$43,400,000 (19.56%)

Debt Non-Current

$2,666,800,000 (-6.34%)

$2,847,400,000 (-2.90%)

$2,932,300,000 (-7.95%)

$3,185,600,000 (-9.90%)

Total Liabilities

$4,497,100,000 (-5.35%)

$4,751,400,000 (-1.87%)

$4,842,100,000 (-6.49%)

$5,177,900,000 (-6.59%)

Liabilities Current

$1,175,200,000 (-2.20%)

$1,201,600,000 (0.19%)

$1,199,300,000 (15.33%)

$1,039,900,000 (6.19%)

Liabilities Non-Current

$3,321,900,000 (-6.42%)

$3,549,800,000 (-2.55%)

$3,642,800,000 (-11.97%)

$4,138,000,000 (-9.33%)

AXL Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$6,124,900,000 (0.75%)

$6,079,500,000 (4.78%)

$5,802,400,000 (12.52%)

$5,156,600,000 (9.46%)

Cost of Revenue

$5,383,500,000 (-1.31%)

$5,455,200,000 (7.02%)

$5,097,500,000 (14.97%)

$4,433,900,000 (7.41%)

Selling General & Administrative Expense

$387,100,000 (5.51%)

$366,900,000 (6.32%)

$345,100,000 (0.26%)

$344,200,000 (9.65%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$500,000,000 (4.67%)

$477,700,000 (3.62%)

$461,000,000 (-3.84%)

$479,400,000 (-50.97%)

Interest Expense

$186,000,000 (-7.78%)

$201,700,000 (15.59%)

$174,500,000 (-10.60%)

$195,200,000 (-8.05%)

Income Tax Expense

$27,800,000 (205.49%)

$9,100,000 (355.00%)

$2,000,000 (142.55%)

-$4,700,000 (90.45%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$35,000,000 (204.17%)

-$33,600,000 (-152.26%)

$64,300,000 (989.83%)

$5,900,000 (101.05%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

$35,000,000 (204.17%)

-$33,600,000 (-152.26%)

$64,300,000 (989.83%)

$5,900,000 (101.05%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$35,000,000 (204.17%)

-$33,600,000 (-152.26%)

$64,300,000 (989.83%)

$5,900,000 (101.05%)

Weighted Average Shares

$117,581,028 (0.44%)

$117,061,048 (2.19%)

$114,554,229 (0.43%)

$114,060,741 (0.70%)

Weighted Average Shares Diluted

-

-

-

-

Earning Before Interest & Taxes (EBIT)

$248,800,000 (40.41%)

$177,200,000 (-26.41%)

$240,800,000 (22.61%)

$196,400,000 (149.32%)

Gross Profit

$741,400,000 (18.76%)

$624,300,000 (-11.43%)

$704,900,000 (-2.46%)

$722,700,000 (24.03%)

Operating Income

$241,400,000 (64.67%)

$146,600,000 (-39.89%)

$243,900,000 (0.25%)

$243,300,000 (161.59%)

AXL Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$254,800,000 (-38.10%)

-$184,500,000 (24.07%)

-$243,000,000 (-50.84%)

-$161,100,000 (26.24%)

Net Cash Flow from Financing

-$156,200,000 (23.99%)

-$205,500,000 (5.39%)

-$217,200,000 (45.89%)

-$401,400,000 (-87.13%)

Net Cash Flow from Operations

$455,400,000 (14.97%)

$396,100,000 (-11.76%)

$448,900,000 (-16.62%)

$538,400,000 (18.41%)

Net Cash Flow / Change in Cash & Cash Equivalents

$33,000,000 (292.86%)

$8,400,000 (144.92%)

-$18,700,000 (30.22%)

-$26,800,000 (-207.20%)

Net Cash Flow - Business Acquisitions and Disposals

-$10,500,000 (-84.21%)

-$5,700,000 (93.62%)

-$89,300,000 (-1686.00%)

-$5,000,000 (-13.64%)

Net Cash Flow - Investment Acquisitions and Disposals

$2,800,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$244,000,000 (-25.97%)

-$193,700,000 (-16.20%)

-$166,700,000 (6.98%)

-$179,200,000 (16.22%)

Issuance (Repayment) of Debt Securities

-$153,400,000 (19.60%)

-$190,800,000 (11.38%)

-$215,300,000 (45.78%)

-$397,100,000 (-87.49%)

Issuance (Purchase) of Equity Shares

-$2,800,000 (80.95%)

-$14,700,000 (-673.68%)

-$1,900,000 (55.81%)

-$4,300,000 (-59.26%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

-$11,400,000 (-595.65%)

$2,300,000 (131.08%)

-$7,400,000 (-174.07%)

-$2,700,000 (-184.38%)

Share Based Compensation

$15,000,000 (11.94%)

$13,400,000 (-24.29%)

$17,700,000 (-2.75%)

$18,200,000 (-6.19%)

Depreciation Amortization & Accretion

$469,700,000 (-3.59%)

$487,200,000 (-1.00%)

$492,100,000 (-9.59%)

$544,300,000 (4.29%)

AXL Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

12.10% (17.48%)

10.30% (-14.88%)

12.10% (-13.57%)

14.00% (12.90%)

Profit Margin

0.60% (200.00%)

-0.60% (-154.55%)

1.10% (1000.00%)

0.10% (100.84%)

EBITDA Margin

11.70% (7.34%)

10.90% (-13.49%)

12.60% (-12.50%)

14.40% (453.85%)

Return on Average Equity (ROAE)

5.80% (207.41%)

-5.40% (-143.55%)

12.40% (785.71%)

1.40% (100.81%)

Return on Average Assets (ROAA)

0.70% (216.67%)

-0.60% (-154.55%)

1.10% (1000.00%)

0.10% (101.08%)

Return on Sales (ROS)

4.10% (41.38%)

2.90% (-30.95%)

4.20% (10.53%)

3.80% (144.71%)

Return on Invested Capital (ROIC)

4.40% (46.67%)

3.00% (-21.05%)

3.80% (26.67%)

3.00% (152.63%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

20.1 (166.17%)

-30.38 (-309.79%)

14.48 (-92.24%)

186.6 (11200.54%)

Price to Sales Ratio (P/S)

0.11 (-34.12%)

0.17 (10.39%)

0.15 (-25.24%)

0.21 (2.49%)

Price to Book Ratio (P/B)

1.22 (-28.56%)

1.71 (19.40%)

1.43 (-38.58%)

2.33 (-8.82%)

Debt to Equity Ratio (D/E)

7.99 (1.73%)

7.86 (1.76%)

7.72 (-31.75%)

11.31 (-24.40%)

Earnings Per Share (EPS)

0.29 (200.00%)

-0.29 (-153.70%)

0.54 (980.00%)

0.05 (101.01%)

Sales Per Share (SPS)

52.09 (0.30%)

51.93 (2.53%)

50.65 (12.04%)

45.21 (8.71%)

Free Cash Flow Per Share (FCFPS)

1.8 (3.99%)

1.73 (-29.80%)

2.46 (-21.78%)

3.15 (48.12%)

Book Value Per Share (BVPS)

4.79 (-7.37%)

5.17 (-5.64%)

5.48 (36.42%)

4.01 (22.71%)

Tangible Assets Book Value Per Share (TABVPS)

37.69 (-4.95%)

39.65 (-2.78%)

40.78 (-2.17%)

41.69 (-4.61%)

Enterprise Value Over EBIT (EV/EBIT)

12 (-36.84%)

19 (26.67%)

15 (-21.05%)

19 (290.00%)

Enterprise Value Over EBITDA (EV/EBITDA)

4.09 (-19.82%)

5.1 (5.92%)

4.82 (-6.23%)

5.14 (-84.07%)

Asset Turnover

1.16 (4.03%)

1.12 (8.88%)

1.02 (14.65%)

0.89 (14.32%)

Current Ratio

1.63 (-2.46%)

1.67 (0.48%)

1.66 (-6.89%)

1.78 (-6.89%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

$211,400,000 (4.45%)

$202,400,000 (-28.28%)

$282,200,000 (-21.44%)

$359,200,000 (49.17%)

Enterprise Value (EV)

$2,938,797,393 (-13.29%)

$3,389,307,833 (-3.98%)

$3,529,614,071 (-7.22%)

$3,804,186,714 (-4.64%)

Earnings Before Tax (EBT)

$62,800,000 (356.33%)

-$24,500,000 (-136.95%)

$66,300,000 (5425.00%)

$1,200,000 (100.20%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$718,500,000 (8.14%)

$664,400,000 (-9.35%)

$732,900,000 (-1.05%)

$740,700,000 (498.79%)

Invested Capital

$5,440,600,000 (-6.30%)

$5,806,200,000 (-3.07%)

$5,990,100,000 (-6.60%)

$6,413,600,000 (-8.19%)

Working Capital

$739,600,000 (-8.12%)

$805,000,000 (1.37%)

$794,100,000 (-2.70%)

$816,100,000 (-9.09%)

Tangible Asset Value

$4,431,200,000 (-4.53%)

$4,641,400,000 (-0.65%)

$4,671,600,000 (-1.75%)

$4,754,700,000 (-3.94%)

Market Capitalization

$685,497,393 (-33.53%)

$1,031,307,833 (15.13%)

$895,814,071 (-15.82%)

$1,064,186,714 (12.65%)

Average Equity

$602,525,000 (-3.02%)

$621,275,000 (20.20%)

$516,875,000 (19.29%)

$433,300,000 (33.59%)

Average Assets

$5,274,000,000 (-3.19%)

$5,447,900,000 (-3.76%)

$5,660,675,000 (-1.81%)

$5,765,000,000 (-4.32%)

Invested Capital Average

$5,661,725,000 (-4.26%)

$5,913,850,000 (-5.54%)

$6,260,850,000 (-4.69%)

$6,569,100,000 (-6.12%)

Shares

117,581,028 (0.44%)

117,061,048 (2.19%)

114,554,229 (0.43%)

114,060,741 (0.70%)