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American Axle & Manufacturing (AXL) Revenue & Revenue Breakdown

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American Axle & Manufacturing Revenue Highlights

Latest Revenue (Y)

$6.08B

Latest Revenue (Q)

$1.50B

Main Segment (Y)

Driveline

Main Geography (Y)

MEXICO

American Axle & Manufacturing Revenue by Period

American Axle & Manufacturing Revenue by Year

DateRevenueChange
2023-12-31$6.08B4.78%
2022-12-31$5.80B12.52%
2021-12-31$5.16B9.46%
2020-12-31$4.71B-27.87%
2019-12-31$6.53B-10.17%
2018-12-31$7.27B16.03%
2017-12-31$6.27B58.71%
2016-12-31$3.95B1.15%
2015-12-31$3.90B5.60%
2014-12-31$3.70B15.24%
2013-12-31$3.21B9.43%
2012-12-31$2.93B13.38%
2011-12-31$2.58B13.23%
2010-12-31$2.28B50.04%
2009-12-31$1.52B-27.86%
2008-12-31$2.11B-35.07%
2007-12-31$3.25B1.77%
2006-12-31$3.19B-5.77%
2005-12-31$3.39B-5.90%
2004-12-31$3.60B-2.26%
2003-12-31$3.68B5.82%
2002-12-31$3.48B12.00%
2001-12-31$3.11B1.23%
2000-12-31$3.07B3.94%
1999-12-31$2.95B44.72%
1998-12-31$2.04B-

American Axle & Manufacturing generated $6.08B in revenue during NA 2023, up 4.78% compared to the previous quarter, and up 83.62% compared to the same period a year ago.

American Axle & Manufacturing Revenue by Quarter

DateRevenueChange
2024-09-30$1.50B-7.80%
2024-06-30$1.63B1.58%
2024-03-31$1.61B9.84%
2023-12-31$1.46B-5.73%
2023-09-30$1.55B-1.20%
2023-06-30$1.57B5.14%
2023-03-31$1.49B7.27%
2022-12-31$1.39B-9.28%
2022-09-30$1.54B6.74%
2022-06-30$1.44B0.15%
2022-03-31$1.44B16.28%
2021-12-31$1.24B1.81%
2021-09-30$1.21B-5.47%
2021-06-30$1.28B-9.95%
2021-03-31$1.43B-0.89%
2020-12-31$1.44B1.68%
2020-09-30$1.41B174.42%
2020-06-30$515.30M-61.64%
2020-03-31$1.34B-6.05%
2019-12-31$1.43B-14.75%
2019-09-30$1.68B-1.58%
2019-06-30$1.70B-0.87%
2019-03-31$1.72B1.48%
2018-12-31$1.69B-6.76%
2018-09-30$1.82B-4.41%
2018-06-30$1.90B2.29%
2018-03-31$1.86B7.18%
2017-12-31$1.73B0.55%
2017-09-30$1.72B-1.90%
2017-06-30$1.76B67.43%
2017-03-31$1.05B10.92%
2016-12-31$946.50M-6.00%
2016-09-30$1.01B-1.80%
2016-06-30$1.03B5.80%
2016-03-31$969.20M1.13%
2015-12-31$958.40M-1.36%
2015-09-30$971.60M-3.23%
2015-06-30$1.00B3.60%
2015-03-31$969.10M3.15%
2014-12-31$939.50M-1.19%
2014-09-30$950.80M0.41%
2014-06-30$946.90M10.26%
2014-03-31$858.80M3.31%
2013-12-31$831.30M1.28%
2013-09-30$820.80M2.65%
2013-06-30$799.60M5.82%
2013-03-31$755.60M2.57%
2012-12-31$736.70M4.81%
2012-09-30$702.90M-4.99%
2012-06-30$739.80M-1.56%
2012-03-31$751.50M24.09%
2011-12-31$605.60M-6.49%
2011-09-30$647.60M-5.63%
2011-06-30$686.20M6.29%
2011-03-31$645.60M10.68%
2010-12-31$583.30M-5.65%
2010-09-30$618.20M10.47%
2010-06-30$559.60M7.22%
2010-03-31$521.90M12.48%
2009-12-31$464.00M13.28%
2009-09-30$409.60M66.78%
2009-06-30$245.60M-38.97%
2009-03-31$402.40M-20.00%
2008-12-31$503.00M-4.75%
2008-09-30$528.10M7.67%
2008-06-30$490.50M-16.52%
2008-03-31$587.60M-22.19%
2007-12-31$755.20M-

American Axle & Manufacturing generated $1.50B in revenue during Q3 2024, up -7.80% compared to the previous quarter, and up 95.81% compared to the same period a year ago.

American Axle & Manufacturing Revenue Breakdown

American Axle & Manufacturing Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Metal Forming$2.45B$436.70M$347.10M$333.90M$391.70M
Other Segments-----
Driveline$4.18B$4.70M$3.40M$30.10M$100.50M
Casting---$41.50M-

American Axle & Manufacturing's latest annual revenue breakdown by segment (product or service), as of Dec 23: Driveline (62.99%), and Metal Forming (37.01%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Metal Forming$596.50M$644.10M$1.54B$624.80M$149.90M$139.00M$100.50M$115.80M$114.10M$106.30M$87.00M$79.20M$91.70M$89.20M$569.20M$433.20M$150.30M$422.30M$700.70M$476.60M
Driveline$1.04B$1.11B$3.12B$1.06B$100.00K-$1.10M$1.30M$1.20M$1.10M$1.00M$800.00K$500.00K$1.10M$57.60M$1.09B$403.70M$1.03B$111.10M$1.15B
Casting------------------$142.60M$209.00M

American Axle & Manufacturing's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Driveline (63.61%), and Metal Forming (36.39%).

American Axle & Manufacturing Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
CHINA$271.60M----
Asia, excluding China$273.10M----
South America$184.40M$137.40M$94.30M$57.60M$105.30M
Europe$913.40M$730.50M$590.90M$550.50M$607.30M
UNITED STATES$2.16B----
MEXICO$2.27B----

American Axle & Manufacturing's latest annual revenue breakdown by geography, as of Dec 23: MEXICO (37.40%), UNITED STATES (35.59%), Europe (15.02%), Asia, excluding China (4.49%), CHINA (4.47%), and South America (3.03%).

Quarterly Revenue by Country

CountrySep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
South America$45.80M$36.50M$134.40M$50.00M----------------
North America$1.08B$1.17B$1.12B-----------------
Europe$218.70M$245.80M$680.30M$233.10M----------------
Asia$155.40M$150.70M$146.80M-----------------
Metal Forming----$149.90M$139.00M$100.50M$115.80M$114.10M$106.30M$87.00M$79.20M$91.70M$89.20M$569.20M$433.20M$150.30M$422.30M$700.70M$476.60M

American Axle & Manufacturing's latest quarterly revenue breakdown by geography, as of Sep 24: North America (72.10%), Europe (14.53%), Asia (10.33%), and South America (3.04%).

American Axle & Manufacturing Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
LEALear$23.47B$5.59B
ADNTAdient$14.69B$3.72B
DANDana$10.55B$2.48B
ALVAutoliv$10.47B$2.56B
AXLAmerican Axle & Manufacturing$6.08B$1.50B
VCVisteon$3.95B$980.00M
ALSNAllison Transmission$3.04B$824.00M
CPSCooper-Standard$2.82B$685.35M
GNTXGentex$2.30B$608.53M
DORMDorman Products$1.93B$503.77M
FOXFFox Factory$1.46B$359.12M
CVGICommercial Vehicle Group$994.68M$171.77M
SRIStoneridge$975.82M$213.83M
MPAAMotorcar Parts of America$717.68M$169.89M

AXL Revenue FAQ

What is American Axle & Manufacturing’s yearly revenue?

American Axle & Manufacturing's yearly revenue for 2023 was $6.08B, representing an increase of 4.78% compared to 2022. The company's yearly revenue for 2022 was $5.8B, representing an increase of 12.52% compared to 2021. AXL's yearly revenue for 2021 was $5.16B, representing an increase of 9.46% compared to 2020.

What is American Axle & Manufacturing’s quarterly revenue?

American Axle & Manufacturing's quarterly revenue for Q3 2024 was $1.5B, a -7.80% decrease from the previous quarter (Q2 2024), and a -3.03% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.63B, a 1.58% increase from the previous quarter (Q1 2024), and a 3.92% increase year-over-year (Q2 2023). AXL's quarterly revenue for Q1 2024 was $1.61B, a 9.84% increase from the previous quarter (Q4 2023), and a 7.56% increase year-over-year (Q1 2023).

What is American Axle & Manufacturing’s revenue growth rate?

American Axle & Manufacturing's revenue growth rate for the last 3 years (2021-2023) was 17.90%, and for the last 5 years (2019-2023) was -6.91%.

What are American Axle & Manufacturing’s revenue streams?

American Axle & Manufacturing's revenue streams in c 23 are Metal Forming, and Driveline. Metal Forming generated $2.45B in revenue, accounting 37.01% of the company's total revenue, up 462.01% year-over-year. Driveline generated $4.18B in revenue, accounting 62.99% of the company's total revenue, up 88765.96% year-over-year.

What is American Axle & Manufacturing’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of American Axle & Manufacturing was Driveline. This segment made a revenue of $4.18B, representing 62.99% of the company's total revenue.