American Axle & Manufacturing (AXL) — Cash Flow Quality Index
American Axle & Manufacturing (AXL) has a Cash Flow Quality Index of 15.58x as of September 2025. Operating cash flow of $143.30 Million exceeds net income of $9.20 Million, indicating high earnings quality where cash backs reported profits. Explore AXL cash flow conversion to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
American Axle & Manufacturing Cash Flow Quality Index (1998–2024)
Historical Cash Flow Quality Index for American Axle & Manufacturing across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check American Axle & Manufacturing (AXL) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for American Axle & Manufacturing (1998–2024)
Year-by-year earnings quality comparison for American Axle & Manufacturing. For live market cap and the full company financial profile, see market value of American Axle & Manufacturing.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 13.47x | $455.40 Million | $33.80 Million | ▲ +93.0% |
| 2022 | 6.98x | $448.90 Million | $64.30 Million | ▼ -92.6% |
| 2021 | 94.46x | $538.40 Million | $5.70 Million | ▲ +4827.2% |
| 2017 | 1.92x | $647.00 Million | $337.50 Million | ▲ +13.2% |
| 2016 | 1.69x | $407.60 Million | $240.70 Million | ▲ +5.7% |
| 2015 | 1.60x | $377.60 Million | $235.60 Million | ▼ -28.0% |
| 2014 | 2.23x | $318.40 Million | $143.00 Million | ▼ -5.6% |
| 2013 | 2.36x | $223.00 Million | $94.50 Million | ▲ +593.1% |
| 2012 | -0.48x | $-175.50 Million | $366.70 Million | ▼ -16.5% |
| 2011 | -0.41x | $-56.30 Million | $137.10 Million | ▼ -119.6% |
| 2010 | 2.10x | $240.30 Million | $114.50 Million | ▼ -78.9% |
| 2007 | 9.94x | $367.90 Million | $37.00 Million | ▲ +98.6% |
| 2005 | 5.01x | $280.40 Million | $56.00 Million | ▲ +76.2% |
| 2004 | 2.84x | $453.20 Million | $159.50 Million | ▲ +12.7% |
| 2003 | 2.52x | $496.90 Million | $197.10 Million | ▲ +15.6% |
| 2002 | 2.18x | $384.20 Million | $176.10 Million | ▲ +7.7% |
| 2001 | 2.03x | $232.80 Million | $114.90 Million | ▲ +3.8% |
| 2000 | 1.95x | $252.20 Million | $129.20 Million | ▼ -27.3% |
| 1999 | 2.68x | $310.30 Million | $115.60 Million | ▼ -88.5% |
| 1998 | 23.26x | $81.40 Million | $3.50 Million | — |