OverviewSuggest Edit

American Axle & Manufacturing (AAM) is a company that designs, engineers, manufactures, and supplies driveline and metal forming products for vehicles. Its driveline products include primarily 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 (SUVs), crossover vehicles, passenger cars, and commercial vehicles. The company also offers a variety of metal forming products, such as axle and transmission shafts, ring and pinion gears, differential gears and assemblies, connecting rods and variable valve timing products for original equipment manufacturers and automotive suppliers.

TypePublic
Founded1994
HQDetroit, MI, US
Websiteaam.com
Employee Ratings3.5
Overall CultureC

Latest Updates

Employees (est.) (Dec 2020)20,000
Job Openings190
Revenue (FY, 2020)$4.7 B(-27%)
Share Price (Jul 2021)$9.8(+6%)
Cybersecurity ratingDMore

Key People/Management at American Axle & Manufacturing

David C. Dauch

David C. Dauch

Chairman of the Board & Chief Executive Officer
Michael K. Simonte

Michael K. Simonte

President
David E. Barnes

David E. Barnes

Vice President & General Counsel
Greg Deveson

Greg Deveson

President, Driveline
Terri M. Kemp

Terri M. Kemp

Vice President, Human Resources
Sandra E. Pierce

Sandra E. Pierce

Director
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American Axle & Manufacturing Office Locations

American Axle & Manufacturing has offices in Detroit, Auburn Hills, Bluffton, Bolingbrook and in 57 other locations
Detroit, MI, US (HQ)
One Dauch Drive
Auburn Hills, MI, US
1987 Taylor Rd
Auburn Hills, MI, US
2007 Taylor Rd
Bluffton, IN, US
131 Harvest Rd
Bolingbrook, IL, US
455 Gibraltar Dr
Chicago, IL, US
3908 S Princeton Ave
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American Axle & Manufacturing Financials and Metrics

American Axle & Manufacturing Revenue

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American Axle & Manufacturing's revenue was reported to be $4.71 b in FY, 2020 which is a 27.9% decrease from the previous period.
USD

Revenue (Q1, 2021)

1.4b

Gross profit (Q1, 2021)

227.1m

Gross profit margin (Q1, 2021), %

15.9%

Net income (Q1, 2021)

38.6m

EBIT (Q1, 2021)

95.5m

Market capitalization (29-Jul-2021)

1.1b

Closing stock price (29-Jul-2021)

9.8

Cash (31-Mar-2021)

601.2m

EV

4.0b
American Axle & Manufacturing's current market capitalization is $1.1 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

7.3b6.5b4.7b

Revenue growth, %

16%(10%)(28%)

Cost of goods sold

6.1b5.6b4.1b

Gross profit

1.1b902.6m582.7m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.7b1.7b1.7b1.3b515.3m1.4b1.4b

Cost of goods sold

1.5b1.5b1.4b1.1b614.2m1.2b1.2b

Gross profit

222.2m248.3m248.7m195.3m(98.9m)249.8m227.1m

Gross profit Margin, %

13%15%15%15%(19%)18%16%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

476.4m532.0m557.0m

Accounts Receivable

966.5m815.4m793.2m

Prepaid Expenses

127.2m136.8m203.6m

Inventories

459.7m373.6m323.2m
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(56.8m)(484.1m)(561.1m)

Depreciation and Amortization

528.8m536.9m521.9m

Inventories

(83.1m)56.1m53.7m

Accounts Payable

7.5m(97.7m)(37.1m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

41.7m94.4m(29.7m)(501.2m)(714.4m)(597.2m)38.6m

Depreciation and Amortization

140.8m277.3m411.5m129.6m268.7m393.7m142.0m

Inventories

6.9m18.8m(27.1m)10.3m56.9m(19.6m)

Accounts Payable

40.8m24.5m8.6m12.7m(298.0m)5.6m75.4m
USDFY, 2018

EV/EBIT

43 x

EV/CFO

5.9 x

Revenue/Employee

290.8k

Debt/Equity

2.6 x

Debt/Assets

0.5 x

Financial Leverage

5.1 x

P/E Ratio

(21.8)
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American Axle & Manufacturing Operating Metrics

American Axle & Manufacturing's Backlog was reported to be $750m in FY, 2019.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Backlog

$1.25 b$750 m

Countries

17171717171717171717

Facilities

90909090808080808080

Programs Launched

505017
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American Axle & Manufacturing Acquisitions / Subsidiaries

Company NameDateDeal Size
Metaldyne Performance GroupNovember 03, 2016$3.3 b
MSP Industries CorporationApril 02, 1999
Colfor ManufacturingApril 01, 1999
Albion Automotive LimitedOctober 12, 1998$82 m
AAM Auto Component (India) Private Limited
AAM Casting Corp.
AAM Casting de Mexico Holdings, S. de. R.L. de C.V.
AAM Commercial & Trading (Shanghai) Co., Ltd.
AAM Distribution Company, Inc.
AAM do Brasil Ltda.
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American Axle & Manufacturing Revenue Breakdown

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American Axle & Manufacturing revenue breakdown by business segment: 24.2% from Metal Forming and 75.8% from Driveline

American Axle & Manufacturing revenue breakdown by geographic segment: 38.6% from United States, 11.7% from Europe, 6.7% from China, 38.4% from Mexico and 4.6% from Other

Human Capital Metrics

Source: craft.co
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American Axle & Manufacturing Cybersecurity Score

Cybersecurity ratingPremium dataset

D

62/100

SecurityScorecard logo

American Axle & Manufacturing Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

American Axle & Manufacturing Online and Social Media Presence

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American Axle & Manufacturing Company Culture

  • Overall Culture

    C

    66/100

  • CEO Rating

    C+

    68/100

  • Compensation

    C

    62/100

Learn more on Comparably

American Axle & Manufacturing News and Updates

Iron Casting 2018 North America Market Key Players American Axle & Manufacturing, GIS, Hitachi Metals, Neenah Foundry, OSCO INDUSTRIES – Analysis and Forecast to 2021

WiseGuyRerports.com Presents “Iron Casting Market in North America 2017-2021” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

American Axle & Manufacturing Frequently Asked Questions

  • When was American Axle & Manufacturing founded?

    American Axle & Manufacturing was founded in 1994.

  • Who are American Axle & Manufacturing key executives?

    American Axle & Manufacturing's key executives are David C. Dauch, Michael K. Simonte and David E. Barnes.

  • How many employees does American Axle & Manufacturing have?

    American Axle & Manufacturing has 20,000 employees.

  • What is American Axle & Manufacturing revenue?

    Latest American Axle & Manufacturing annual revenue is $4.7 b.

  • What is American Axle & Manufacturing revenue per employee?

    Latest American Axle & Manufacturing revenue per employee is $235.5 k.

  • Who are American Axle & Manufacturing competitors?

    Competitors of American Axle & Manufacturing include Icahn Enterprises, Garrett and ZYNP.

  • Where is American Axle & Manufacturing headquarters?

    American Axle & Manufacturing headquarters is located at One Dauch Drive, Detroit.

  • Where are American Axle & Manufacturing offices?

    American Axle & Manufacturing has offices in Detroit, Auburn Hills, Bluffton, Bolingbrook and in 57 other locations.

  • How many offices does American Axle & Manufacturing have?

    American Axle & Manufacturing has 72 offices.