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AXL (American Axle & Mfg Holdings) Net Margin % : 0.66% (As of Sep. 2024)


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What is American Axle & Mfg Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. American Axle & Mfg Holdings's Net Income for the three months ended in Sep. 2024 was $10 Mil. American Axle & Mfg Holdings's Revenue for the three months ended in Sep. 2024 was $1,505 Mil. Therefore, American Axle & Mfg Holdings's net margin for the quarter that ended in Sep. 2024 was 0.66%.

The historical rank and industry rank for American Axle & Mfg Holdings's Net Margin % or its related term are showing as below:

AXL' s Net Margin % Range Over the Past 10 Years
Min: -11.92   Med: 0.61   Max: 6.1
Current: 0.48


AXL's Net Margin % is ranked worse than
71.56% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 3.08 vs AXL: 0.48

American Axle & Mfg Holdings Net Margin % Historical Data

The historical data trend for American Axle & Mfg Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

American Axle & Mfg Holdings Net Margin % Chart

American Axle & Mfg Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.42 -11.92 0.11 1.11 -0.55

American Axle & Mfg Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.12 -1.31 1.28 1.11 0.66

Competitive Comparison of American Axle & Mfg Holdings's Net Margin %

For the Auto Parts subindustry, American Axle & Mfg Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Axle & Mfg Holdings's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, American Axle & Mfg Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where American Axle & Mfg Holdings's Net Margin % falls into.



American Axle & Mfg Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

American Axle & Mfg Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-33.6/6079.5
=-0.55 %

American Axle & Mfg Holdings's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=10/1504.9
=0.66 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


American Axle & Mfg Holdings  (NYSE:AXL) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


American Axle & Mfg Holdings Net Margin % Related Terms

Thank you for viewing the detailed overview of American Axle & Mfg Holdings's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


American Axle & Mfg Holdings Business Description

Traded in Other Exchanges
Address
One Dauch Drive, Detroit, MI, USA, 48211-1198
American Axle & Mfg Holdings Inc is engaged in manufacturing, engineering, designing and validation of driveline systems and related components and chassis modules for light trucks, SUVs, crossover vehicles, passenger cars, and commercial vehicles. The company's segment includes Driveline and Metal Forming. It generates maximum revenue from the Driveline segment.
Executives
Terri M. Kemp officer: Senior VP Human Resources ONE DAUCH DRIVE, DETROIT MI 48211
Matthew K. Paroly officer: VP & General Counsel ONE DAUCH DRIVE, DETROIT MI 48211
Norman Willemse officer: VP, Metal Form Prod. Bus. Unit ONE DAUCH DRIVE, DETROIT MI 48211-1198
James A Mccaslin director
Herbert K Parker director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
John F. Smith director ONE DAUCH DR., DETROIT MI 48211
Tolga I Oal officer: President, AAM North America 201 ISABELLA STREET, PITTSTBURGH PA 15212
Alberto L Satine officer: VP-Procurement ONE DAUCH DRIVE, DETROIT MI 48211
Sandra E. Pierce director 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Miller William P Ii director 20 S. WACKER DR., CHICAGO IL 60606
Michael Joseph Lynch officer: VP Finance & Controller ONE DAUCH DRIVE, DETROIT MI 48211
Michael K Simonte officer: VP & Treasurer ONE DAUCH DRIVE, DETROIT MI 48211-1198
Bowes Timothy Earl Joseph officer: Senior VP Corporate Planning 2135 WEST MAPLE ROAD, TROY MI 48084
Elizabeth Anne Chappell director ONE DAUCH DRIVE, DETROIT MI 48211
Christopher John May officer: VP & CFO ONE DAUCH DRIVE, DETROIT MI 48211