American Axle & Manufacturing (AXL) - Net Assets
Based on the latest financial reports, American Axle & Manufacturing (AXL) has net assets worth $640.00 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.67 Billion) and total liabilities ($6.03 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check AXL asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $640.00 Million |
| % of Total Assets | 9.59% |
| Annual Growth Rate | 10.76% |
| 5-Year Change | 39.8% |
| 10-Year Change | 20.75% |
| Growth Volatility | 135.13 |
American Axle & Manufacturing - Net Assets Trend (1998–2025)
This chart illustrates how American Axle & Manufacturing's net assets have evolved over time, based on quarterly financial data. Also explore AXL total assets for the complete picture of this company's asset base.
Annual Net Assets for American Axle & Manufacturing (1998–2025)
The table below shows the annual net assets of American Axle & Manufacturing from 1998 to 2025. For live valuation and market cap data, see American Axle & Manufacturing (AXL) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $640.00 Million | +13.72% |
| 2024-12-31 | $562.80 Million | -6.96% |
| 2023-12-31 | $604.90 Million | -3.57% |
| 2022-12-31 | $627.30 Million | +37.02% |
| 2021-12-31 | $457.80 Million | +22.67% |
| 2020-12-31 | $373.20 Million | -61.93% |
| 2019-12-31 | $980.40 Million | -34.04% |
| 2018-12-31 | $1.49 Billion | -3.49% |
| 2017-12-31 | $1.54 Billion | +190.57% |
| 2016-12-31 | $530.00 Million | +75.79% |
| 2015-12-31 | $301.50 Million | +165.87% |
| 2014-12-31 | $113.40 Million | +237.50% |
| 2013-12-31 | $33.60 Million | +127.81% |
| 2012-12-31 | $-120.80 Million | +71.21% |
| 2011-12-31 | $-419.60 Million | +10.36% |
| 2010-12-31 | $-468.10 Million | +16.40% |
| 2009-12-31 | $-559.90 Million | -28.51% |
| 2008-12-31 | $-435.70 Million | -148.92% |
| 2007-12-31 | $890.70 Million | +9.46% |
| 2006-12-31 | $813.70 Million | -18.20% |
| 2005-12-31 | $994.80 Million | +4.11% |
| 2004-12-31 | $955.50 Million | +0.08% |
| 2003-12-31 | $954.70 Million | +35.69% |
| 2002-12-31 | $703.60 Million | +31.59% |
| 2001-12-31 | $534.70 Million | +43.74% |
| 2000-12-31 | $372.00 Million | +41.07% |
| 1999-12-31 | $263.70 Million | +551.11% |
| 1998-12-31 | $40.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to American Axle & Manufacturing's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5150000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $640.00 Million | 100.00% |
| Total Equity | $640.00 Million | 100.00% |
American Axle & Manufacturing Competitors by Market Cap
The table below lists competitors of American Axle & Manufacturing ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xinlei Compressor Co. Ltd. A
SHE:301317
|
$1.36 Billion |
|
Lapidoth
TA:LAPD
|
$1.36 Billion |
|
Bell AG
SW:BELL
|
$1.36 Billion |
|
Avia Avian PT Tbk
JK:AVIA
|
$1.36 Billion |
|
Morgan Stanley Direct Lending Fund
NYSE:MSDL
|
$1.36 Billion |
|
Xiamen Kingdomway Group Co
SHE:002626
|
$1.36 Billion |
|
Jiangsu Zhengdan Chemical Industry Co Ltd
SHE:300641
|
$1.36 Billion |
|
Dalata Hotel Group Plc
IR:DHG
|
$1.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in American Axle & Manufacturing's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 562,800,000 to 640,000,000, a change of 77,200,000 (13.7%).
- Net loss of 19,700,000 reduced equity.
- Other comprehensive income increased equity by 352,200,000.
- Other factors decreased equity by 255,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-19.70 Million | -3.08% |
| Other Comprehensive Income | $352.20 Million | +55.03% |
| Other Changes | $-255.30 Million | -39.89% |
| Total Change | $- | 13.72% |
Book Value vs Market Value Analysis
This analysis compares American Axle & Manufacturing's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.25x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.24x to 1.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $0.93 | $5.78 | x |
| 1999-12-31 | $5.34 | $5.78 | x |
| 2000-12-31 | $7.49 | $5.78 | x |
| 2001-12-31 | $10.98 | $5.78 | x |
| 2002-12-31 | $13.50 | $5.78 | x |
| 2003-12-31 | $17.92 | $5.78 | x |
| 2004-12-31 | $17.85 | $5.78 | x |
| 2005-12-31 | $19.54 | $5.78 | x |
| 2006-12-31 | $16.16 | $5.78 | x |
| 2007-12-31 | $16.90 | $5.78 | x |
| 2008-12-31 | $-8.44 | $5.78 | x |
| 2009-12-31 | $-10.64 | $5.78 | x |
| 2010-12-31 | $-6.28 | $5.78 | x |
| 2011-12-31 | $-5.56 | $5.78 | x |
| 2012-12-31 | $-1.61 | $5.78 | x |
| 2013-12-31 | $0.45 | $5.78 | x |
| 2014-12-31 | $1.49 | $5.78 | x |
| 2015-12-31 | $3.95 | $5.78 | x |
| 2016-12-31 | $6.89 | $5.78 | x |
| 2017-12-31 | $14.98 | $5.78 | x |
| 2018-12-31 | $13.30 | $5.78 | x |
| 2019-12-31 | $8.71 | $5.78 | x |
| 2020-12-31 | $3.28 | $5.78 | x |
| 2021-12-31 | $3.88 | $5.78 | x |
| 2022-12-31 | $5.43 | $5.78 | x |
| 2023-12-31 | $5.19 | $5.78 | x |
| 2024-12-31 | $4.62 | $5.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently American Axle & Manufacturing utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.34%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 10.42x
- Recent ROE (-3.08%) is below the historical average (18.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 8.64% | 0.17% | 1.66x | 30.28x | $-550.00K |
| 1999 | 43.84% | 3.91% | 1.76x | 6.36x | $89.23 Million |
| 2000 | 34.73% | 4.21% | 1.61x | 5.11x | $92.00 Million |
| 2001 | 21.49% | 3.70% | 1.44x | 4.04x | $61.43 Million |
| 2002 | 25.03% | 5.06% | 1.49x | 3.32x | $105.74 Million |
| 2003 | 20.65% | 5.35% | 1.54x | 2.51x | $101.63 Million |
| 2004 | 16.69% | 4.43% | 1.42x | 2.66x | $63.95 Million |
| 2005 | 5.63% | 1.65% | 1.27x | 2.68x | $-43.48 Million |
| 2006 | -27.34% | -6.97% | 1.23x | 3.19x | $-303.87 Million |
| 2007 | 4.15% | 1.14% | 1.11x | 3.27x | $-52.07 Million |
| 2008 | 0.00% | -58.05% | 0.94x | 0.00x | $-1.18 Billion |
| 2009 | 0.00% | -16.63% | 0.77x | 0.00x | $-197.11 Million |
| 2010 | 0.00% | 5.05% | 1.08x | 0.00x | $162.21 Million |
| 2011 | 0.00% | 5.52% | 1.11x | 0.00x | $184.76 Million |
| 2012 | 0.00% | 12.55% | 1.02x | 0.00x | $379.78 Million |
| 2013 | 281.25% | 2.95% | 1.06x | 90.15x | $91.14 Million |
| 2014 | 126.10% | 3.87% | 1.13x | 28.74x | $131.66 Million |
| 2015 | 78.14% | 6.04% | 1.22x | 10.62x | $205.45 Million |
| 2016 | 45.42% | 6.10% | 1.14x | 6.51x | $187.70 Million |
| 2017 | 21.89% | 5.38% | 0.79x | 5.12x | $183.10 Million |
| 2018 | -3.87% | -0.79% | 0.97x | 5.06x | $-205.89 Million |
| 2019 | -49.56% | -7.42% | 0.98x | 6.80x | $-582.26 Million |
| 2020 | -151.50% | -11.92% | 0.80x | 15.97x | $-598.35 Million |
| 2021 | 1.29% | 0.11% | 0.91x | 12.31x | $-39.88 Million |
| 2022 | 10.25% | 1.11% | 1.06x | 8.72x | $1.57 Million |
| 2023 | -5.55% | -0.55% | 1.14x | 8.85x | $-94.09 Million |
| 2024 | 6.22% | 0.57% | 1.21x | 8.99x | $-21.28 Million |
| 2025 | -3.08% | -0.34% | 0.88x | 10.42x | $-83.70 Million |
Industry Comparison
This section compares American Axle & Manufacturing's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,207,901,556
- Average return on equity (ROE) among peers: 18.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| American Axle & Manufacturing (AXL) | $640.00 Million | 8.64% | 9.42x | $1.36 Billion |
| Advance Auto Parts Inc (AAP) | $2.92 Billion | 15.76% | 1.85x | $3.49 Billion |
| Adient PLC (ADNT) | $2.16 Billion | -13.02% | 3.15x | $1.57 Billion |
| Allison Transmission Holdings Inc (ALSN) | $756.00 Million | 39.55% | 4.92x | $10.60 Billion |
| Autoliv Inc (ALV) | $2.38 Billion | 12.28% | 1.13x | $8.18 Billion |
| Aptiv PLC (APTV) | $8.10 Billion | 22.27% | 1.16x | $12.08 Billion |
| Atmus Filtration Technologies Inc. (ATMU) | $455.60 Million | 37.40% | 0.90x | $4.43 Billion |
| AutoZone Inc (AZO) | $282.10 Million | 22.44% | 0.78x | $58.68 Billion |
| BorgWarner Inc (BWA) | $2.45 Billion | 22.43% | 1.43x | $11.38 Billion |
| China Automotive Systems Inc (CAAS) | $368.42 Million | 10.22% | 1.08x | $129.73 Million |
About American Axle & Manufacturing
Dauch Corporation, together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming technologies that supports electric, hybrid, and internal combustion vehicles. It operates through two segments, Driveline and Metal Forming segments. The Driveline segment offers front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disc… Read more