American Historical Income Statement

AXL Stock

USD 7.80 0.22 2.90%

Historical analysis of American Axle income statement accounts such as Interest Expense of 224 M, Selling General Administrative of 271.1 M or Total Revenue of 4.2 B can show how well American Axle Manufacturing performed in making a profits. Evaluating American Axle income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of American Axle's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining American Axle Manufa latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether American Axle Manufa is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Axle Manufacturing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

About American Income Statement Analysis

American Axle Manufa Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to American Axle shareholders. The income statement also shows American investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

American Axle Income Statement Chart

American Axle Manufacturing Income Statement is one of the three primary financial statements used for reporting American's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of American Axle Manufa revenue and expense. American Axle Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, American Axle's Non Operating Income Net Other is quite stable compared to the past year. Minority Interest is expected to rise to 0.00 this year, although the value of Selling General Administrative will most likely fall to about 271.1 M.

Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts American Axle Manufa generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of American Axle Manufacturing minus its cost of goods sold. It is profit before American Axle operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of American Axle Manufa. It is also known as American Axle overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from American Axle's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into American Axle Manufa current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Axle Manufacturing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

	2021	2022	2023	2024 (projected)
Gross Profit	722.7M	704.9M	514.1M	508.3M
Total Revenue	5.2B	5.8B	6.1B	4.2B

Gross Profit Total Revenue

American Axle income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Net Income From Continuing Ops	Non Operating Income Net Other	Minority Interest	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.87	0.86	0.9	0.65	0.92	0.15	0.36	0.83	0.91	0.94	-0.51	-0.71	-0.55	0.06	0.64	-0.62	0.23	0.11	0.83	-0.84	0.17	-0.9	0.76	-0.03
Interest Expense	0.87		0.83	0.84	0.61	0.86	0.17	0.37	0.76	0.86	0.83	-0.47	-0.66	-0.49	0.0	0.7	-0.57	0.35	0.21	0.86	-0.78	0.07	-0.9	0.81	-0.4
Selling General Administrative	0.86	0.83		0.91	0.83	0.89	0.46	0.64	0.91	0.89	0.92	-0.15	-0.49	-0.19	0.09	0.89	-0.3	0.17	0.37	0.6	-0.6	0.21	-0.75	0.53	-0.01
Total Revenue	0.9	0.84	0.91		0.84	1.0	0.3	0.65	0.94	0.99	0.95	-0.3	-0.62	-0.35	0.11	0.79	-0.44	0.2	0.25	0.7	-0.77	0.13	-0.86	0.61	-0.07
Gross Profit	0.65	0.61	0.83	0.84		0.79	0.56	0.94	0.96	0.79	0.86	-0.04	-0.46	-0.08	0.13	0.74	-0.21	-0.17	0.32	0.32	-0.59	0.39	-0.68	0.32	0.2
Other Operating Expenses	0.92	0.86	0.89	1.0	0.79		0.25	0.58	0.91	1.0	0.94	-0.34	-0.63	-0.39	0.1	0.78	-0.47	0.25	0.22	0.75	-0.78	0.09	-0.87	0.64	-0.1
Operating Income	0.15	0.17	0.46	0.3	0.56	0.25		0.61	0.46	0.24	0.36	0.26	-0.07	0.17	0.27	0.51	0.14	-0.17	0.44	-0.21	0.03	0.01	-0.12	-0.2	0.25
Ebit	0.36	0.37	0.64	0.65	0.94	0.58	0.61		0.82	0.57	0.64	0.17	-0.27	0.11	0.16	0.62	-0.01	-0.31	0.38	0.02	-0.37	0.41	-0.43	0.06	0.25
Ebitda	0.83	0.76	0.91	0.94	0.96	0.91	0.46	0.82		0.9	0.96	-0.22	-0.6	-0.27	0.13	0.77	-0.39	-0.04	0.29	0.53	-0.74	0.35	-0.81	0.5	0.13
Cost Of Revenue	0.91	0.86	0.89	0.99	0.79	1.0	0.24	0.57	0.9		0.93	-0.34	-0.63	-0.39	0.1	0.78	-0.47	0.26	0.23	0.75	-0.77	0.07	-0.87	0.64	-0.12
Total Operating Expenses	0.94	0.83	0.92	0.95	0.86	0.94	0.36	0.64	0.96	0.93		-0.35	-0.67	-0.39	0.07	0.76	-0.48	0.08	0.18	0.69	-0.8	0.27	-0.89	0.64	0.05
Income Before Tax	-0.51	-0.47	-0.15	-0.3	-0.04	-0.34	0.26	0.17	-0.22	-0.34	-0.35		0.9	0.94	0.25	-0.01	0.93	0.02	0.19	-0.61	0.77	0.0	0.58	-0.67	0.04
Total Other Income Expense Net	-0.71	-0.66	-0.49	-0.62	-0.46	-0.63	-0.07	-0.27	-0.6	-0.63	-0.67	0.9		0.88	0.12	-0.33	0.92	0.08	0.01	-0.66	0.92	-0.12	0.79	-0.72	-0.05
Net Income	-0.55	-0.49	-0.19	-0.35	-0.08	-0.39	0.17	0.11	-0.27	-0.39	-0.39	0.94	0.88		-0.09	0.01	0.98	-0.11	0.12	-0.65	0.76	0.03	0.61	-0.7	0.09
Income Tax Expense	0.06	0.0	0.09	0.11	0.13	0.1	0.27	0.16	0.13	0.1	0.07	0.25	0.12	-0.09		-0.05	-0.06	0.37	0.22	0.06	0.1	-0.08	-0.02	0.02	-0.14
Research Development	0.64	0.7	0.89	0.79	0.74	0.78	0.51	0.62	0.77	0.78	0.76	-0.01	-0.33	0.01	-0.05		-0.1	0.18	0.34	0.4	-0.4	0.0	-0.55	0.26	-0.05
Net Income From Continuing Ops	-0.62	-0.57	-0.3	-0.44	-0.21	-0.47	0.14	-0.01	-0.39	-0.47	-0.48	0.93	0.92	0.98	-0.06	-0.1		-0.08	0.04	-0.68	0.83	-0.04	0.66	-0.73	0.05
Non Operating Income Net Other	0.23	0.35	0.17	0.2	-0.17	0.25	-0.17	-0.31	-0.04	0.26	0.08	0.02	0.08	-0.11	0.37	0.18	-0.08		0.13	0.56	0.03	-0.61	-0.15	0.4	-0.73
Minority Interest	0.11	0.21	0.37	0.25	0.32	0.22	0.44	0.38	0.29	0.23	0.18	0.19	0.01	0.12	0.22	0.34	0.04	0.13		-0.06	0.07	0.01	0.04	-0.05	0.04
Non Recurring	0.83	0.86	0.6	0.7	0.32	0.75	-0.21	0.02	0.53	0.75	0.69	-0.61	-0.66	-0.65	0.06	0.4	-0.68	0.56	-0.06		-0.77	-0.11	-0.84	0.94	-0.49
Tax Provision	-0.84	-0.78	-0.6	-0.77	-0.59	-0.78	0.03	-0.37	-0.74	-0.77	-0.8	0.77	0.92	0.76	0.1	-0.4	0.83	0.03	0.07	-0.77		-0.28	0.92	-0.78	0.02
Interest Income	0.17	0.07	0.21	0.13	0.39	0.09	0.01	0.41	0.35	0.07	0.27	0.0	-0.12	0.03	-0.08	0.0	-0.04	-0.61	0.01	-0.11	-0.28		-0.23	-0.02	0.44
Net Interest Income	-0.9	-0.9	-0.75	-0.86	-0.68	-0.87	-0.12	-0.43	-0.81	-0.87	-0.89	0.58	0.79	0.61	-0.02	-0.55	0.66	-0.15	0.04	-0.84	0.92	-0.23		-0.82	0.23
Reconciled Depreciation	0.76	0.81	0.53	0.61	0.32	0.64	-0.2	0.06	0.5	0.64	0.64	-0.67	-0.72	-0.7	0.02	0.26	-0.73	0.4	-0.05	0.94	-0.78	-0.02	-0.82		-0.45
Extraordinary Items	-0.03	-0.4	-0.01	-0.07	0.2	-0.1	0.25	0.25	0.13	-0.12	0.05	0.04	-0.05	0.09	-0.14	-0.05	0.05	-0.73	0.04	-0.49	0.02	0.44	0.23	-0.45

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American Axle Account Relationship Matchups

American Axle income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	536.9M	521.9M	561.8M	537.5M	487.2M	280.6M
Interest Expense	217.3M	212.3M	195.2M	174.5M	213.3M	224.0M
Selling General Administrative	364.7M	313.9M	386.5M	345.1M	359.7M	271.1M
Total Revenue	6.5B	4.7B	5.2B	5.8B	6.1B	4.2B
Gross Profit	902.6M	582.7M	722.7M	704.9M	514.1M	508.3M
Other Operating Expenses	6.1B	4.5B	4.9B	5.5B	5.9B	4.0B
Operating Income	426M	188.1M	240.6M	243.9M	147.2M	171.8M
Ebit	426M	188.1M	240.6M	243.9M	147.2M	201.9M
Ebitda	962.9M	710M	802.4M	781.4M	634.4M	482.5M
Cost Of Revenue	5.6B	4.1B	4.4B	5.1B	5.6B	3.7B
Total Operating Expenses	460.1M	400.5M	430M	430.8M	366.9M	303.5M
Income Before Tax	(533M)	(610.3M)	1.2M	66.3M	(24.5M)	(23.3M)
Total Other Income Expense Net	(959M)	(798.4M)	(239.4M)	(177.6M)	(171.7M)	(180.3M)
Net Income	(484.1M)	(561.1M)	5.9M	64.3M	(33.6M)	(31.9M)
Income Tax Expense	(48.9M)	(49.2M)	(4.7M)	2M	9.1M	9.6M
Research Development	144.7M	117.4M	116.8M	144M	155.4M	111.7M
Net Income Applicable To Common Shares	(484.5M)	(561.3M)	5.9M	64.3M	57.9M	60.5M
Net Income From Continuing Ops	(484.1M)	(561.1M)	5.9M	64.3M	(600K)	(570K)
Non Operating Income Net Other	4.1M	6.4M	7.7M	28.8M	33.1M	34.8M
Tax Provision	(48.9M)	(49.2M)	(4.7M)	2M	7.4M	7.8M
Interest Income	5.8M	200.7M	184.3M	17M	24.3M	23.1M
Net Interest Income	(211.5M)	(200.7M)	(184.3M)	(157.5M)	(169.5M)	(178.0M)
Reconciled Depreciation	536.9M	521.9M	544.3M	492.1M	490.8M	556.8M

Pair Trading with American Axle

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Axle position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Axle will appreciate offsetting losses from the drop in the long position's value.

Moving against American Stock

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0.41	ALV	Autoliv	Pair Corr

The ability to find closely correlated positions to American Axle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Axle when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Axle - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Axle Manufacturing to buy it.

The correlation of American Axle is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Axle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Axle Manufa moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for American Axle can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether American Axle Manufa is a strong investment it is important to analyze American Axle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Axle's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:

How To Invest In American

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Is American Stock a good investment?

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What is American Axle's Net Worth?

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You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running American Axle's price analysis, check to measure American Axle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Axle is operating at the current time. Most of American Axle's value examination focuses on studying past and present price action to predict the probability of American Axle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Axle's price. Additionally, you may evaluate how the addition of American Axle to your portfolios can decrease your overall portfolio volatility.

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Is American Axle's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Axle. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Axle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.65)

Earnings Share

(0.08)

Revenue Per Share

52.882

Quarterly Revenue Growth

0.076

Return On Assets

0.0243

The market value of American Axle Manufa is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Axle's value that differs from its market value or its book value, called intrinsic value, which is American Axle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Axle's market value can be influenced by many factors that don't directly affect American Axle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between American Axle's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Axle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Axle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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American Historical Income Statement

About American Income Statement Analysis

American Axle Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

American Axle income statement Correlations

American Axle Account Relationship Matchups

High Positive Relationship

High Negative Relationship

American Axle income statement Accounts

Pair Trading with American Axle

Moving against American Stock

Complementary Tools for American Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Cost Of Revenue	+ 0.99	Total Revenue
Net Income From Continuing Ops	+ 0.98	Net Income
Ebitda	+ 0.96	Gross Profit
Total Operating Expenses	+ 0.96	Ebitda

Net Interest Income	- 0.9	Interest Expense
Net Interest Income	- 0.9	Depreciation And Amortization
Net Interest Income	- 0.89	Total Operating Expenses
Net Interest Income	- 0.87	Cost Of Revenue
Net Interest Income	- 0.87	Other Operating Expenses
Net Interest Income	- 0.86	Total Revenue