American Axle & Manufacturing (AXL) — Capital Reinvestment Ratio
American Axle & Manufacturing (AXL) has a Capital Reinvestment Ratio of 0.55x as of December 2025, meaning it reinvests 1% of its operating cash flow ($120.50 Million) in capital expenditures ($65.80 Million). Check tangible net worth ratio of American Axle & Manufacturing to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
American Axle & Manufacturing Capital Reinvestment Ratio (1998–2025)
This chart tracks American Axle & Manufacturing's Capital Reinvestment Ratio across 25 annual periods. For the full cash flow conversion analysis, see AXL operating cash flow.
Annual Capital Reinvestment Ratio for American Axle & Manufacturing (1998–2025)
Year-by-year Capital Reinvestment Ratio for American Axle & Manufacturing from 1998 to 2025. See AXL free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.62x | $411.60 Million | $256.50 Million | ▲ +14.4% |
| 2024 | 0.54x | $455.40 Million | $248.00 Million | ▲ +10.8% |
| 2023 | 0.49x | $396.10 Million | $194.60 Million | ▲ +28.7% |
| 2022 | 0.38x | $448.90 Million | $171.40 Million | ▲ +13.5% |
| 2021 | 0.34x | $538.40 Million | $181.20 Million | ▼ -29.1% |
| 2020 | 0.47x | $454.70 Million | $215.70 Million | ▼ -38.7% |
| 2019 | 0.77x | $559.60 Million | $433.30 Million | ▲ +13.9% |
| 2018 | 0.68x | $771.50 Million | $524.70 Million | ▼ -7.9% |
| 2017 | 0.74x | $647.00 Million | $477.70 Million | ▲ +35.0% |
| 2016 | 0.55x | $407.60 Million | $223.00 Million | ▲ +6.8% |
| 2015 | 0.51x | $377.60 Million | $193.50 Million | ▼ -21.0% |
| 2014 | 0.65x | $318.40 Million | $206.50 Million | ▼ -42.6% |
| 2013 | 1.13x | $223.00 Million | $251.90 Million | ▲ +133.8% |
| 2010 | 0.48x | $240.30 Million | $116.10 Million | ▼ -94.1% |
| 2009 | 8.18x | $17.30 Million | $141.50 Million | ▲ +1513.5% |
| 2007 | 0.51x | $367.90 Million | $186.50 Million | ▼ -67.2% |
| 2006 | 1.54x | $185.70 Million | $286.60 Million | ▲ +41.6% |
| 2005 | 1.09x | $280.40 Million | $305.70 Million | ▲ +105.7% |
| 2004 | 0.53x | $453.20 Million | $240.20 Million | ▲ +13.5% |
| 2003 | 0.47x | $496.90 Million | $232.10 Million | ▼ -29.0% |
| 2002 | 0.66x | $384.20 Million | $252.90 Million | ▼ -59.2% |
| 2001 | 1.61x | $232.80 Million | $375.50 Million | ▲ +6.8% |
| 2000 | 1.51x | $252.20 Million | $381.00 Million | ▼ -13.4% |
| 1999 | 1.74x | $310.30 Million | $541.10 Million | ▼ -43.6% |
| 1998 | 3.09x | $81.40 Million | $251.50 Million | — |