American Axle & Manufacturing Holdings (AXL) Financials

American Axle & Manufacturing Holdings Inc (AXL) is a leading global automotive supplier, offering a comprehensive range of driveline and drivetrain systems and components. The company's financial performance reflects its strong position in the industry and its focus on delivering value to shareholders. AXL's income statement demonstrates its ability to generate consistent and profitable revenue. The company's total revenue for the fiscal year was $6.97 billion, with gross profit of $1.03 billion. Net income from stockholders was $266.3 million.

AXL's balance sheet highlights the stability and strength of the company's financial position. The company's total assets amount to $7.51 billion, with stockholders' equity of $2.15 billion. AXL's total debt, including both short-term and long-term debt, is $3.87 billion. The company also maintains a healthy cash reserve, with cash equivalents of $171.8 million. Net debt, which represents the difference between total debt and cash equivalents, is $3.70 billion. The company's total liabilities amount to $5.36 billion.