American Axle & Manufacturing (AXL)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 241,400 | 146,600 | 243,900 | 240,600 | 188,100 |
| Revenue | US$ in thousands | 6,124,900 | 6,079,500 | 5,802,400 | 5,156,600 | 4,710,800 |
| Operating profit margin | 3.94% | 2.41% | 4.20% | 4.67% | 3.99% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $241,400K ÷ $6,124,900K
= 3.94%
American Axle & Manufacturing's operating profit margin has shown variability over the past five years. It increased from 3.99% on December 31, 2020, to a peak of 4.67% on December 31, 2021. However, it then decreased to 4.20% on December 31, 2022, followed by a significant drop to 2.41% on December 31, 2023. The margin recovered slightly to 3.94% by December 31, 2024.
The fluctuation in operating profit margin indicates potential variations in the company's operational efficiency and cost management over the years. It is essential for American Axle & Manufacturing to closely monitor its operating expenses and revenue generation to sustain and improve its profitability in the future.
Peer comparison
Dec 31, 2024