American Axle & Manufacturing (AXL) Revenue & Revenue Breakdown
American Axle & Manufacturing Revenue Highlights
Latest Revenue (Y)
$6.08B
Latest Revenue (Q)
$1.63B
Main Segment (Y)
Driveline
Main Geography (Y)
MEXICO
American Axle & Manufacturing Revenue by Period
American Axle & Manufacturing Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $6.08B | 4.78% |
| 2022-12-31 | $5.80B | 12.52% |
| 2021-12-31 | $5.16B | 9.46% |
| 2020-12-31 | $4.71B | -27.87% |
| 2019-12-31 | $6.53B | -10.17% |
| 2018-12-31 | $7.27B | 16.03% |
| 2017-12-31 | $6.27B | 58.71% |
| 2016-12-31 | $3.95B | 1.15% |
| 2015-12-31 | $3.90B | 5.60% |
| 2014-12-31 | $3.70B | 15.24% |
| 2013-12-31 | $3.21B | 9.43% |
| 2012-12-31 | $2.93B | 13.38% |
| 2011-12-31 | $2.58B | 13.23% |
| 2010-12-31 | $2.28B | 50.04% |
| 2009-12-31 | $1.52B | -27.86% |
| 2008-12-31 | $2.11B | -35.07% |
| 2007-12-31 | $3.25B | 1.77% |
| 2006-12-31 | $3.19B | -5.77% |
| 2005-12-31 | $3.39B | -5.90% |
| 2004-12-31 | $3.60B | -2.26% |
| 2003-12-31 | $3.68B | 5.82% |
| 2002-12-31 | $3.48B | 12.00% |
| 2001-12-31 | $3.11B | 1.23% |
| 2000-12-31 | $3.07B | 3.94% |
| 1999-12-31 | $2.95B | 44.72% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $1.63B | 1.58% |
| 2024-03-31 | $1.61B | 9.84% |
| 2023-12-31 | $1.46B | -5.73% |
| 2023-09-30 | $1.55B | -1.20% |
| 2023-06-30 | $1.57B | 5.14% |
| 2023-03-31 | $1.49B | 7.27% |
| 2022-12-31 | $1.39B | -9.28% |
| 2022-09-30 | $1.54B | 6.74% |
| 2022-06-30 | $1.44B | 0.15% |
| 2022-03-31 | $1.44B | 16.28% |
| 2021-12-31 | $1.24B | 1.81% |
| 2021-09-30 | $1.21B | -5.47% |
| 2021-06-30 | $1.28B | -9.95% |
| 2021-03-31 | $1.43B | -0.89% |
| 2020-12-31 | $1.44B | 1.68% |
| 2020-09-30 | $1.41B | 174.42% |
| 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 | $1.72B | 1.48% |
| 2018-12-31 | $1.69B | -6.76% |
| 2018-09-30 | $1.82B | -4.41% |
| 2018-06-30 | $1.90B | 2.29% |
| 2018-03-31 | $1.86B | 7.18% |
| 2017-12-31 | $1.73B | 0.55% |
| 2017-09-30 | $1.72B | -1.90% |
| 2017-06-30 | $1.76B | 67.43% |
| 2017-03-31 | $1.05B | 10.92% |
| 2016-12-31 | $946.50M | -6.00% |
| 2016-09-30 | $1.01B | -1.80% |
| 2016-06-30 | $1.03B | 5.80% |
| 2016-03-31 | $969.20M | 1.13% |
| 2015-12-31 | $958.40M | -1.36% |
| 2015-09-30 | $971.60M | -3.23% |
| 2015-06-30 | $1.00B | 3.60% |
| 2015-03-31 | $969.10M | 3.15% |
| 2014-12-31 | $939.50M | -1.19% |
| 2014-09-30 | $950.80M | 0.41% |
| 2014-06-30 | $946.90M | 10.26% |
| 2014-03-31 | $858.80M | 3.31% |
| 2013-12-31 | $831.30M | 1.28% |
| 2013-09-30 | $820.80M | 2.65% |
| 2013-06-30 | $799.60M | 5.82% |
| 2013-03-31 | $755.60M | 2.57% |
| 2012-12-31 | $736.70M | 4.81% |
| 2012-09-30 | $702.90M | -4.99% |
| 2012-06-30 | $739.80M | -1.56% |
| 2012-03-31 | $751.50M | 24.09% |
| 2011-12-31 | $605.60M | -6.49% |
| 2011-09-30 | $647.60M | -5.63% |
| 2011-06-30 | $686.20M | 6.29% |
| 2011-03-31 | $645.60M | 10.68% |
| 2010-12-31 | $583.30M | -5.65% |
| 2010-09-30 | $618.20M | 10.47% |
| 2010-06-30 | $559.60M | 7.22% |
| 2010-03-31 | $521.90M | 12.48% |
| 2009-12-31 | $464.00M | 13.28% |
| 2009-09-30 | $409.60M | 66.78% |
| 2009-06-30 | $245.60M | -38.97% |
| 2009-03-31 | $402.40M | -20.00% |
| 2008-12-31 | $503.00M | -4.75% |
| 2008-09-30 | $528.10M | 7.67% |
| 2008-06-30 | $490.50M | -16.52% |
| 2008-03-31 | $587.60M | -22.19% |
| 2007-12-31 | $755.20M | - |
American Axle & Manufacturing generated $1.63B in revenue during Q2 2024, up 1.58% compared to the previous quarter, and up 109.26% 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metal Forming | $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 | $484.20M |
| Driveline | $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 | $1.14B |
| Casting | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $142.60M | $209.00M | $220.70M |
American Axle & Manufacturing's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Driveline (63.20%), and Metal Forming (36.80%).
American Axle & Manufacturing Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Asia, excluding China | $273.10M | - | - | - | - |
| Europe | $913.40M | $730.50M | $590.90M | $550.50M | $607.30M |
| South America | $184.40M | $137.40M | $94.30M | $57.60M | $105.30M |
| UNITED STATES | $2.16B | - | - | - | - |
| MEXICO | $2.27B | - | - | - | - |
| CHINA | $271.60M | - | - | - | - |
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
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asia | $150.70M | $146.80M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| North America | $1.17B | $1.12B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| South America | $36.50M | $134.40M | $50.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Europe | $245.80M | $680.30M | $233.10M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | $484.20M |
American Axle & Manufacturing's latest quarterly revenue breakdown by geography, as of Mar 24: North America (73.05%), Europe (15.30%), Asia (9.38%), and South America (2.27%).
American Axle & Manufacturing Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| LEA | Lear | $23.47B | $6.01B |
| ADNT | Adient | $15.39B | $3.72B |
| DAN | Dana | $10.55B | $2.74B |
| ALV | Autoliv | $10.47B | $2.60B |
| AXL | American Axle & Manufacturing | $6.08B | $1.63B |
| VC | Visteon | $3.95B | $1.01B |
| ALSN | Allison Transmission | $3.04B | $816.00M |
| CPS | Cooper-Standard | $2.82B | - |
| GNTX | Gentex | $2.30B | $572.93M |
| DORM | Dorman Products | $1.93B | $502.95M |
| FOXF | Fox Factory | $1.46B | $348.49M |
| CVGI | Commercial Vehicle Group | $994.68M | $229.91M |
| SRI | Stoneridge | $975.82M | $237.06M |
| MPAA | Motorcar 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 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). The company'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). AXL's quarterly revenue for Q4 2023 was $1.46B, a -5.73% decrease from the previous quarter (Q3 2023), and a 5.05% increase year-over-year (Q4 2022).
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.