AXL: American Axle & Manufacturing Holdings Inc Financial Statements
Balance sheet, income statement, and cash flow statements for American Axle & Manufacturing Holdings Inc (AXL).
$685.50M Market Cap.
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%) |