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.
Revenue of American Axle & Manufacturing Holdings, Inc. (AXL)
Revenue in 2023 (TTM): $6.08 B
According to American Axle & Manufacturing Holdings, Inc.'s latest financial reports the company's current revenue (TTM) is $6.08 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of American Axle & Manufacturing Holdings, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $6.08 B | $514.1 M | $634.4 M | $-24,500,000 | $-33,600,000 |
| 2022 | $5.8 B | $704.9 M | $781.4 M | $66.3 M | $64.3 M |
| 2021 | $5.16 B | $722.7 M | $802.4 M | $1.2 M | $5.9 M |
| 2020 | $4.71 B | $582.7 M | $710 M | $-610,300,000 | $-561,100,000 |
| 2019 | $6.53 B | $902.6 M | $962.9 M | $-533,000,000 | $-484,100,000 |
| 2018 | $7.27 B | $1.14 B | $1.18 B | $-113,900,000 | $-57,500,000 |
| 2017 | $6.27 B | $1.12 B | $1.08 B | $340 M | $337.1 M |
| 2016 | $3.95 B | $726.1 M | $617.5 M | $299 M | $240.7 M |
| 2015 | $3.9 B | $635.4 M | $568.5 M | $272.7 M | $235.6 M |
| 2014 | $3.7 B | $522.8 M | $474.4 M | $176.7 M | $143 M |
| 2013 | $3.21 B | $478.7 M | $415.4 M | $86.3 M | $94.5 M |
| 2012 | $2.93 B | $399.7 M | $304.5 M | $31.5 M | $367.7 M |
| 2011 | $2.59 B | $455.1 M | $362.8 M | $138.1 M | $142.8 M |
| 2010 | $2.28 B | $401.7 M | $339.5 M | $118.8 M | $115.4 M |
| 2009 | $1.52 B | $-31,100,000 | $-67,100,000 | $-297,100,000 | $-253,100,000 |
| 2008 | $2.11 B | $-865,200,000 | $-848,300,000 | $-1,121,300,000 | $-1,224,300,000 |
| 2007 | $3.25 B | $278.4 M | $310.7 M | $17.6 M | $37 M |
| 2006 | $3.19 B | $-128,600,000 | $-129,300,000 | $-355,500,000 | $-222,500,000 |
| 2005 | $3.39 B | $304.7 M | $288.1 M | $80 M | $56 M |
| 2004 | $3.6 B | $474.5 M | $479.4 M | $235.8 M | $159.5 M |
| 2003 | $3.68 B | $540.3 M | $505.7 M | $303.2 M | $197.1 M |
| 2002 | $3.48 B | $491.7 M | $443.8 M | $273.8 M | $176.1 M |
| 2001 | $3.11 B | $409.7 M | $368.9 M | $180.9 M | $114.9 M |
| 2000 | $3.07 B | $529.9 M | $364.5 M | $203.4 M | $129.2 M |
| 1999 | $2.95 B | $474.9 M | $335.7 M | $183.4 M | $115.6 M |
| 1998 | $2.04 B | $228.1 M | $122.2 M | $5.6 M | $3.5 M |