American Axle & Manufacturing Holdings Full Year 2024 Earnings: EPS Beats Expectations

-4.01%

American Axle & Manufacturing Holdings, Inc.

AXL

4.31

-4.01%

American Axle & Manufacturing Holdings (NYSE:AXL) Full Year 2024 Results

Key Financial Results

Revenue: US$6.12b (flat on FY 2023).
Net income: US$33.8m (up from US$33.6m loss in FY 2023).
Profit margin: 0.6% (up from net loss in FY 2023).
EPS: US$0.29 (up from US$0.29 loss in FY 2023).

revenue-and-expenses-breakdown — NYSE:AXL Revenue and Expenses Breakdown February 17th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

American Axle & Manufacturing Holdings EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 22%.

The primary driver behind last 12 months revenue was the Driveline segment contributing a total revenue of US$4.25b (69% of total revenue). Notably, cost of sales worth US$5.38b amounted to 88% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$386.4m (55% of total expenses). Explore how AXL's revenue and expenses shape its earnings.

Looking ahead, revenue is expected to decline by 2.1% p.a. on average during the next 3 years, while revenues in the Auto Components industry in the US are expected to grow by 8.8%.

The company's shares are up 5.1% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with American Axle & Manufacturing Holdings (at least 1 which is a bit unpleasant), and understanding these should be part of your investment process.

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