American Axle & Manufacturing (AXL) — Free Cash Flow Generation Index

Latest as of December 2025: 0.45x

American Axle & Manufacturing (AXL) has a Free Cash Flow Generation Index of 0.45x as of December 2025. Free cash flow of $54.70 Million represents 0% of operating cash flow ($120.50 Million). Read American Axle & Manufacturing (AXL) financial obligations for a breakdown of total debt and financial obligations.

FCF Generation Index

0.45x
Free Cash Flow / Operating CF

Free Cash Flow

$54.70 Million
USD

Operating Cash Flow

$120.50 Million
USD

Capital Expenditures

$65.80 Million
USD

American Axle & Manufacturing Free Cash Flow Generation Index (1998–2025)

Historical FCF Generation Index trend for American Axle & Manufacturing across 25 annual periods. Explore AXL capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for American Axle & Manufacturing (1998–2025)

Year-by-year Free Cash Flow Generation Index for American Axle & Manufacturing. For the full company profile including market capitalisation, see American Axle & Manufacturing (AXL) total market value.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.38x $155.10 Million $411.60 Million $256.50 Million ▼ -17.3%
2024 0.46x $207.40 Million $455.40 Million $248.00 Million ▼ -10.5%
2023 0.51x $201.50 Million $396.10 Million $194.60 Million ▼ -17.7%
2022 0.62x $277.50 Million $448.90 Million $171.40 Million ▼ -6.8%
2021 0.66x $357.20 Million $538.40 Million $181.20 Million ▲ +26.2%
2020 0.53x $239.00 Million $454.70 Million $215.70 Million ▲ +132.9%
2019 0.23x $126.30 Million $559.60 Million $433.30 Million ▼ -29.4%
2018 0.32x $246.80 Million $771.50 Million $524.70 Million ▲ +22.3%
2017 0.26x $169.30 Million $647.00 Million $477.70 Million ▼ -42.2%
2016 0.45x $184.60 Million $407.60 Million $223.00 Million ▼ -7.1%
2015 0.49x $184.10 Million $377.60 Million $193.50 Million ▲ +38.7%
2014 0.35x $111.90 Million $318.40 Million $206.50 Million ▲ +371.2%
2013 -0.13x $-28.90 Million $223.00 Million $251.90 Million ▼ -125.1%
2010 0.52x $124.20 Million $240.30 Million $116.10 Million ▲ +107.2%
2009 -7.18x $-124.20 Million $17.30 Million $141.50 Million ▼ -1556.0%
2007 0.49x $181.40 Million $367.90 Million $186.50 Million ▲ +190.7%
2006 -0.54x $-100.90 Million $185.70 Million $286.60 Million ▼ -502.2%
2005 -0.09x $-25.30 Million $280.40 Million $305.70 Million ▼ -119.2%
2004 0.47x $213.00 Million $453.20 Million $240.20 Million ▼ -11.8%
2003 0.53x $264.80 Million $496.90 Million $232.10 Million ▲ +55.9%
2002 0.34x $131.30 Million $384.20 Million $252.90 Million ▲ +155.8%
2001 -0.61x $-142.70 Million $232.80 Million $375.50 Million ▼ -20.0%
2000 -0.51x $-128.80 Million $252.20 Million $381.00 Million ▲ +31.3%
1999 -0.74x $-230.80 Million $310.30 Million $541.10 Million ▲ +64.4%
1998 -2.09x $-170.10 Million $81.40 Million $251.50 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).