Earnings summaries and quarterly performance for AMERICAN AXLE & MANUFACTURING HOLDINGS.
Executive leadership at AMERICAN AXLE & MANUFACTURING HOLDINGS.
Board of directors at AMERICAN AXLE & MANUFACTURING HOLDINGS.
Aleksandra Miziolek
Detailed
Director
David Walker
Detailed
Director
Herbert Parker
Detailed
Director
James McCaslin
Detailed
Lead Independent Director
Peter Lyons
Detailed
Director
Samuel Valenti III
Detailed
Director
Sandra Pierce
Detailed
Director
Terry Grayson-Caprio
Detailed
Director
William Kozyra
Detailed
Director
William Miller II
Detailed
Director
Research analysts who have asked questions during AMERICAN AXLE & MANUFACTURING HOLDINGS earnings calls.
Joseph Spak
UBS Group AG
4 questions for AXL
Also covers: ADNT, APH, APTV +16 more
John Murphy
Bank of America
3 questions for AXL
Also covers: ABG, ADNT, AN +16 more
Tom Narayan
RBC Capital Markets
3 questions for AXL
Also covers: ALV, APTV, DAN +6 more
Dan Levy
Barclays PLC
2 questions for AXL
Also covers: ADNT, ALV, APTV +14 more
Doug Carson
Bank of America
2 questions for AXL
Also covers: F
Douglas Karson
Bank of America
2 questions for AXL
Also covers: DAN, GT
Edison Yu
Deutsche Bank
2 questions for AXL
Also covers: ACHR, ADNT, ALV +19 more
Federico Merendi
Bank of America
2 questions for AXL
Also covers: ABG, F, GM +6 more
Itay Michaeli
TD Cowen
2 questions for AXL
Also covers: APTV, ASPN, AUR +11 more
Jake Scholl
BNP Paribas
2 questions for AXL
Also covers: GNTX, GT, GTX +2 more
James Picariello
BNP Paribas
2 questions for AXL
Also covers: ADNT, APTV, BWA +11 more
Xin Yu
Deutsche Bank
2 questions for AXL
Also covers: ACHR, ADNT, ALV +12 more
Gautam Narayan
RBC Capital Markets
1 question for AXL
Also covers: APTV, CPTN, DAN +5 more
Justin Barell
TD Cowen
1 question for AXL
Ryan Brinkman
JPMorgan Chase & Co.
1 question for AXL
Also covers: BWA, CAR, CWH +7 more
Thomas Scholl
BNP Paribas
1 question for AXL
Also covers: PHIN
Recent press releases and 8-K filings for AXL.
American Axle & Manufacturing Discusses Q3 Performance and Dowlais Acquisition Progress
AXL
M&A
Guidance Update
Debt Issuance
- American Axle & Manufacturing (AXL) reported nearly $100 million of adjusted free cash flow in the third quarter, continuing a trend of positive year-over-year performance.
- The Dowlais acquisition is on track to close in the first quarter of 2026, with nine of ten regulatory approvals secured and permanent financing completed.
- AXL anticipates $300 million in annual run-rate synergies from the Dowlais acquisition, with an estimated $300 million in costs to achieve these synergies spread from 2026 to 2028.
- Post-acquisition, the primary use of cash flow will be debt reduction until a leverage ratio of 2.5 times is achieved, after which a more balanced capital allocation strategy, including potential shareholder returns, will be pursued.
- For 2026, AXL anticipates a slightly down North American market and relatively flat European markets, but remains bullish on GM, Ram, and Ford truck production.
3 days ago
American Axle & Manufacturing Provides Update on Dauch Acquisition and Capital Allocation Strategy
AXL
M&A
Guidance Update
New Projects/Investments
- American Axle & Manufacturing (AXL) expects to close the Dauch acquisition in Q1 2026, having received nine of ten necessary approvals, with only China remaining.
- The acquisition is projected to generate $300 million in annual run-rate synergies, with an estimated $300 million in costs to achieve these synergies spread from 2026 to 2028.
- Post-acquisition, the company's primary capital allocation focus will be to reduce its leverage ratio to 2.5 times, after which a more balanced approach including potential shareholder returns will be considered.
- AXL reported nearly $100 million of adjusted free cash flow in Q3 and is focused on operational improvements in its metal forming operations to achieve double-digit margins.
3 days ago
American Axle & Manufacturing Provides Update on Dauch Acquisition and 2026 Outlook
AXL
M&A
Guidance Update
New Projects/Investments
- American Axle & Manufacturing's acquisition of Dauch is on track to close in Q1 2026, with 9 of 10 regulatory approvals secured, pending only China's consent.
- The company projects $300 million in annual synergies from the Dauch acquisition, with 50% from purchasing/procurement, 30% from SG&A/engineering, and 20% from operational improvements. Achieving these synergies is estimated to cost approximately $300 million over 2026-2028.
- Following the acquisition, American Axle's primary capital allocation priority will be to reduce leverage to 2.5 times, after which a more balanced approach including potential shareholder returns will be considered.
- American Axle reported a strong Q3 with nearly $100 million in adjusted free cash flow and maintains its North America production outlook at around 15.1 million units for the year.
- The company remains bullish on the truck market for 2026 and has reduced its R&D spending by nearly $20 million this year by taking a selective approach to electrification investments.
3 days ago
American Axle & Manufacturing to Double Revenue with Dowlais Acquisition
AXL
M&A
Guidance Update
New Projects/Investments
- American Axle & Manufacturing (AAM) is acquiring Dowlais, a leading driveline supplier, in a transaction expected to double AAM's revenue to approximately $12 billion and generate $300 million in annual synergies.
- The merger will significantly diversify AAM's customer base, reducing General Motors' revenue contribution from 42% to 27% of the combined entity, and increase geographic diversification with North America's share decreasing from three-quarters to 57%.
- The acquisition is a leverage-neutral transaction, with the combined company targeting over 14% EBITDA margin and over 5% adjusted free cash flow opportunity.
- AAM reported strong Q3 earnings with Adjusted EBITDA margins at 12.9% and nearly $100 million of adjusted free cash flow.
4 days ago
American Axle Provides Update on Dauch Acquisition and Financial Performance
AXL
M&A
Debt Issuance
Guidance Update
- American Axle (AXL) is progressing with its acquisition of Dauch, a driveline supplier with $5 billion-$6 billion in annual revenues, anticipating closure in early 2026 after securing 9 out of 10 antitrust clearances.
- The combined company is projected to achieve approximately $12 billion in revenue, realize $300 million in annual synergies, and target over 14% EBITDA margins.
- This leverage-neutral transaction aims to enhance customer and geographic diversification, reducing General Motors' revenue concentration from 42% to 27% and North America's share from three-quarters to 57%.
- American Axle reported strong Q3 earnings results with adjusted EBITDA margins at 12.9% and nearly $100 million of adjusted free cash flow.
- The company maintains a measured approach to electrification, with its EV book of business currently a low single-digit percentage, while Dauch's side-shaft products are propulsion agnostic and expected to grow in an EV market.
4 days ago
American Axle & Manufacturing Discusses Dauch Acquisition and Future Strategy
AXL
M&A
Debt Issuance
New Projects/Investments
- American Axle & Manufacturing (AXL) is in the process of acquiring Dauch, a transaction expected to double AXL's revenue to approximately $12 billion and close in early 2026, with 9 out of 10 antitrust clearances secured.
- The acquisition is projected to generate $300 million in annual synergies and lead to post-combination financial targets of over 14% adjusted EBITDA margins and greater than 5% adjusted free cash flow.
- The Dauch acquisition is a leverage-neutral transaction, and American Axle aims to further strengthen its balance sheet by reducing net debt leverage to below 2.5 times.
- The merger will significantly diversify AXL's customer base, reducing General Motors' revenue contribution from 42% to 27%, and increase geographic exposure, particularly in Europe.
4 days ago
American Axle & Manufacturing Updates Guidance and Discusses Dowlais Acquisition
AXL
Guidance Update
M&A
New Projects/Investments
Nov 19, 2025, 6:00 PM
American Axle & Manufacturing Updates Full-Year Guidance and Dowlais Acquisition Details
AXL
Guidance Update
M&A
New Projects/Investments
- American Axle & Manufacturing (AXL) upgraded its full-year guidance, expecting sales between $5.8 billion and $5.9 billion, EBITDA between $710 million and $745 million, and adjusted free cash flow in the $180 million-$210 million range.
- The acquisition of Dowlais Group (GKN Automotive and GKN Powder Metallurgy) is now expected to close in the first quarter of next year (2026), primarily due to regulatory approvals pending in Mexico and China. The company anticipates generating $300 million or more in synergies from the acquisition, with 60% achieved by the end of year two and a full run rate by year three.
- The company is adjusting its product strategy, anticipating that ICE and hybrid vehicles will remain relevant for decades, as EV adoption rates in the U.S. are projected to be lower than previously forecasted.
- AXL aims to reduce net leverage to just under three times net debt to EBITDA at close, with a long-term target of two and a half times and eventually two times or below. R&D spend has been reduced from $40 million to $35 million per quarter, and CapEx for the combined company is expected to be in the 4%-5% range.
Nov 19, 2025, 6:00 PM
AXL Updates Full-Year Guidance and Dowlais Acquisition Timeline
AXL
Guidance Update
M&A
New Projects/Investments
- American Axle & Manufacturing (AXL) upgraded its full-year 2025 guidance, projecting sales between $5.8 billion and $5.9 billion, EBITDA between $710 million and $745 million, and adjusted free cash flow between $180 million and $210 million.
- The acquisition of Dowlais Group is now anticipated to close in the first quarter of next year, a delay from the previous fourth-quarter expectation due to ongoing regulatory approvals in China. This acquisition is expected to generate over $300 million in synergies.
- The company has reduced its quarterly R&D spend from approximately $40 million to $35 million in response to a reassessment of the automotive industry's electrification adoption rates, which AXL believes will be slower than previously projected in the U.S..
- AXL aims for net leverage of under 3x net debt to EBITDA at close, with a long-term target of 2.5x and eventually 2x or below, to be achieved through EBITDA growth from synergies and free cash flow generation.
Nov 19, 2025, 6:00 PM
Interfor Corporation Reports Q3 2025 Financial and Operational Highlights
AXL
Earnings
Debt Issuance
M&A
- Interfor Corporation reported $380 million in available liquidity and a Net Debt-to-Invested Capital Ratio of 28% for Q3 2025. As of October 1, 2025, the company had $386 million of liquidity.
- The company is a top three softwood lumber producer in North America with 28 strategically located facilities, and 50% of its production capacity is located in the US South.
- Interfor maintains top quartile operating margins, with a 2025 YTD EBITDA margin of 18 C$/MBF. Its EBIT Return on Capital Employed averaged 18% from 2020-2024.
- From January 1, 2020, to September 30, 2025, Interfor deployed $1,563 million on acquisitions, $939 million on capital expenditures, $505 million on share buybacks, and $131 million on special dividends.
- The company has US$640 million in duties on deposit related to softwood lumber tariffs, with a duty rate of 14% for 2024-25 and 10% for 2025-2026.
Nov 7, 2025, 3:00 PM
Quarterly earnings call transcripts for AMERICAN AXLE & MANUFACTURING HOLDINGS.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more