Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $25.32 USD
Change Today +0.37 / 1.48%
Volume 936.4K
As of 8:04 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

american axle & mfg holdings (AXL) Key Developments

American Axle & Manufacturing Holdings Inc. Provides Earnings Guidance for 2015

American Axle & Manufacturing Holdings Inc. provided earnings guidance for 2015. The company is targeting full year sales of approximately $4 billion to $4.1 billion in 2015. This sales projection is based on the anticipated launch schedule of programs in AAM's new and incremental business backlog and the assumption that the U.S. Seasonally Adjusted Annual Rate of sales (SAAR) is in the range of 16.5 million to 17.0 million light vehicle units for the full year 2015. The company is targeting EBITDA in the range of $550 million to $575 million in 2015 (13.75% to 14.00% of sales), and free cash flow in the range of $175 million to $200 million in 2015. The company is targeting full year capital spending of approximately 5% of sales in 2015.

American Axle & Manufacturing Holdings Inc. Reports Unaudited Consolidated Earnings Results for Fourth Quarter and Year Ended December 31, 2014

American Axle & Manufacturing Holdings Inc. reported unaudited consolidated earnings results for fourth quarter and year ended December 31, 2014. For the quarter, the company’s net sales were $939.5 million against $831.3 million a year ago. Operating income was $38.6 million against $66.4 million a year ago. Income before income tax was $21.1 million against $12.5 million a year ago. Net income was $13.2 million against $29.8 million a year ago. Diluted earnings per share were $0.17 against $0.39 a year ago. Net cash provided by operating activities was $86.8 million against $120.7 million a year ago. Purchases of property, plant & equipment was $50.3 million against $73.7 million a year ago. EBITDA was $99.6 million against $88.1 million a year ago. Adjusted EBITDA was $135.1 million against $113.7 million a year ago. Capital expenditures net of proceeds from the sale of property, plant & equipment, the sale-leaseback of equipment and government grants was $47.6 million against $69.8 million a year ago. For the year, the company’s net sales were $3,696.0 million against $3,207.3 million a year ago. Operating income was $267.6 million against $240.3 million a year ago. Income before income tax was $176.7 million against $86.3 million a year ago. Net income was $143.0 million against $94.5 million a year ago. Diluted earnings per share were $1.85 against $1.23 a year ago. Net cash provided by operating activities was $318.4 million against $223.0 million a year ago. Purchases of property, plant & equipment was $206.5 million against $251.9 million a year ago. EBITDA was $476.5 million against $379.2 million a year ago. Adjusted EBITDA was $512.0 million against $421.8 million a year ago. Net debt as on December 31, 2014 was $1,287.2 million against $1,405.1 million as on December 31, 2013. Capital expenditures net of proceeds from the sale of property, plant & equipment, the sale-leaseback of equipment and government grants was $195.3 million against $218.7 million a year ago.

American Axle May Look At Acquisitions

American Axle & Manufacturing Holdings Inc. (NYSE:AXL) is seeking acquisitions. David Dauch, Chairman, President and Chief Executive Officer of American Axle, said, "Again, we are going to keep everything in balance in regards to how we are properly growing this business and, clearly, the first thing that we are protecting is we are protecting the strength of our balance sheet and improving that balance sheet to even put us in a position to even contemplate looking at acquisitions going forward."

American Axle & Manufacturing Holdings Inc. to Report Q4, 2014 Results on Feb 23, 2015

American Axle & Manufacturing Holdings Inc. announced that they will report Q4, 2014 results on Feb 23, 2015

American Axle & Manufacturing Holdings Inc. to Report Q4, 2014 Results on Feb 23, 2015

American Axle & Manufacturing Holdings Inc. announced that they will report Q4, 2014 results at 10:00 AM, US Eastern Standard Time on Feb 23, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
AXL:US $25.32 USD +0.37

AXL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Brembo SpA €37.81 EUR -0.25
Linamar Corp C$77.75 CAD +1.44
Meritor Inc $12.04 USD -0.15
Metaldyne Performance Group Inc $17.96 USD -0.57
Pioneer Corp ¥219.00 JPY -1.00
View Industry Companies
 

Industry Analysis

AXL

Industry Average

Valuation AXL Industry Range
Price/Earnings 13.7x
Price/Sales 0.5x
Price/Book 16.9x
Price/Cash Flow 13.4x
TEV/Sales 0.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact AMERICAN AXLE & MFG HOLDINGS, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.