American Axle & Manufacturing (AXL)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	35,000	29,600	2,200	-8,000	-38,700	-5,700	38,200	53,100	64,300	4,100	-24,800	-31,700	5,900	88,200	207,800	-21,400	-561,300	-1,051,700	-1,293,100	-1,027,400
Revenue (ttm)	US$ in thousands	6,124,900	6,207,100	6,254,100	6,192,500	6,079,500	6,009,200	5,992,500	5,860,100	5,802,400	5,644,800	5,322,700	5,167,700	5,156,600	5,359,400	5,560,400	4,792,400	4,710,800	4,702,900	4,966,200	6,155,200
Net profit margin		0.57%	0.48%	0.04%	-0.13%	-0.64%	-0.09%	0.64%	0.91%	1.11%	0.07%	-0.47%	-0.61%	0.11%	1.65%	3.74%	-0.45%	-11.92%	-22.36%	-26.04%	-16.69%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $35,000K ÷ $6,124,900K
= 0.57%

American Axle & Manufacturing has shown fluctuations in its net profit margin over the years, ranging from negative figures to positive percentages. The company experienced significant losses in the first half of 2020, with margins as low as -26.04% in June 2020. However, there has been a notable improvement in profitability since then, with the net profit margin turning positive in June 2021 and consistently staying above zero in the subsequent quarters.

The trend indicates a gradual recovery and improved financial performance, culminating in a net profit margin of 0.57% as of December 31, 2024. This positive trend suggests that the company has been able to effectively manage its costs and increase its efficiency to generate higher profits relative to its revenues. However, it is important to continue monitoring the net profit margin in future periods to assess the sustainability of this upward trajectory.