American Axle & Manufacturing (AXL)

Operating 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
Operating income (ttm)	US$ in thousands	240,200	235,300	217,500	186,700	163,500	185,800	224,200	224,100	243,900	222,700	206,700	215,400	240,600	311,200	416,900	144,900	-396,000	-910,500	-1,166,900	-841,400
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
Operating profit margin		3.92%	3.79%	3.48%	3.01%	2.69%	3.09%	3.74%	3.82%	4.20%	3.95%	3.88%	4.17%	4.67%	5.81%	7.50%	3.02%	-8.41%	-19.36%	-23.50%	-13.67%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $240,200K ÷ $6,124,900K
= 3.92%

American Axle & Manufacturing's operating profit margin has shown a fluctuating trend over the past few years. Starting from negative values in early 2020, the company experienced significant losses. However, the margin gradually improved and turned positive by March 2021. Subsequently, the operating profit margin continued to show a generally upward trajectory, reaching a peak of 7.50% in June 2021 before experiencing a slight decline. Despite some fluctuations, the margin generally remained positive from 2021 to 2024, indicating improvements in operational efficiency and profitability. Overall, the company's operating profit margin reflects a positive trend with some variability, suggesting a strengthening financial performance over the years.