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 in the United States, Mexico, South America, China, other Asian countries, and Europe. It operates through 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 axle and transmission shafts, ring and pinion gears, differential gears and assemblies, and connecting rods and variable valve timing products for original equipment manufacturers and tier 1 automotive suppliers. American Axle & Manufacturing Holdings, Inc. has technology development agreement with Suzhou Inovance Automotive Ltd. and REE Automotive Ltd. American Axle & Manufacturing Holdings, Inc. was founded in 1994 and is headquartered in Detroit, Michigan.
Earnings for American Axle & Manufacturing Holdings, Inc. (AXL)
Earnings in 2023 (TTM): $-24,500,000
According to American Axle & Manufacturing Holdings, Inc.'s latest financial reports the company's current earnings (TTM) are $-24,500,000. The earnings displayed on this page is the company's Pretax Income.
Earnings history of American Axle & Manufacturing Holdings, Inc.
Annual Earnings
| Year | Income Before Tax | Net Income |
|---|---|---|
| 2023 | $-24,500,000 | $-33,600,000 |
| 2022 | $66.3 M | $64.3 M |
| 2021 | $1.2 M | $5.9 M |
| 2020 | $-610,300,000 | $-561,100,000 |
| 2019 | $-533,000,000 | $-484,100,000 |
| 2018 | $-113,900,000 | $-57,500,000 |
| 2017 | $340 M | $337.1 M |
| 2016 | $299 M | $240.7 M |
| 2015 | $272.7 M | $235.6 M |
| 2014 | $176.7 M | $143 M |
| 2013 | $86.3 M | $94.5 M |
| 2012 | $31.5 M | $367.7 M |
| 2011 | $138.1 M | $142.8 M |
| 2010 | $118.8 M | $115.4 M |
| 2009 | $-297,100,000 | $-253,100,000 |
| 2008 | $-1,121,300,000 | $-1,224,300,000 |
| 2007 | $17.6 M | $37 M |
| 2006 | $-355,500,000 | $-222,500,000 |
| 2005 | $80 M | $56 M |
| 2004 | $235.8 M | $159.5 M |
| 2003 | $303.2 M | $197.1 M |
| 2002 | $273.8 M | $176.1 M |
| 2001 | $180.9 M | $114.9 M |
| 2000 | $203.4 M | $129.2 M |
| 1999 | $183.4 M | $115.6 M |
| 1998 | $5.6 M | $3.5 M |