American Axle & Manufacturing Holdings, Inc. (AXL)
American Axle & Manufacturing Holdings, Inc. operates in the Auto - Parts industry of the Consumer Cyclical sector, headquartered in Detroit, MI, US. The stock last traded at $8.62, up 4.99% on the session, giving a market capitalisation of $1.02B. On trailing twelve-month figures it carries a trailing P/E of -6.19, a net margin of -2.0%. Its beta of 1.59 implies it has historically moved more than the broad market.
American Axle & Manufacturing Holdings, Inc. (AAM), along with its various affiliates, specializes in the design, engineering, and production of advanced driveline and metal forming solutions. These critical components are integral to a wide array of vehicles, including electric, hybrid, and traditional internal combustion engine models, and are distributed across a global footprint encompassing the United States, Mexico, South America, China, other parts of Asia, and Europe. The company's operations are divided into two main divisions: Driveline and Metal Forming. Its Driveline division supplies a comprehensive range of products for various vehicle types such as light trucks, SUVs, crossovers, passenger cars, and commercial vehicles. This includes essential components like front and rear axles, driveshafts, differential assemblies, and clutch modules, as well as specialized items such as balance shaft systems, disconnecting driveline technology, and complete electric and hybrid driveline systems. The Metal Forming segment manufactures precision-engineered components, including axle and transmission shafts, ring and pinion gears, differential gears and assemblies, connecting rods, and variable valve timing products. These are primarily supplied to original equipment manufacturers (OEMs) and leading Tier 1 automotive suppliers. AAM also engages in technological collaborations, holding development agreements with Suzhou Inovance Automotive Ltd. and REE Automotive Ltd. Established in 1994, American Axle & Manufacturing Holdings, Inc. maintains its corporate headquarters in Detroit, Michigan.
American Axle & Manufacturing Holdings, Inc. is most often compared with the following Consumer Cyclical names: