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American Axle and Manufacturing Holdings Inc  (AXL)
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American Axle And Manufacturing Holdings Inc's

Competitiveness


 

AXL Sales vs. its Competitors Q1 2024



Comparing the current results to its competitors, American Axle And Manufacturing Holdings Inc reported Revenue increase in the 1 quarter 2024 by 7.54 % year on year.
The sales growth was above American Axle And Manufacturing Holdings Inc's competitors' average revenue growth of 4.03 %, achieved in the same quarter.

List of AXL Competitors

With a net margin of 1.28 % American Axle And Manufacturing Holdings Inc achieved higher profitability than its competitors.

More on AXL Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


American Axle and Manufacturing Holdings Inc achieved net profit of $20.50 millions compared to a net loss of $-5.10 millions recorded in the same quarter a year ago.

<<  AXL Stock Performance Comparisons


American Axle And Manufacturing Holdings Inc's Comment on Competitors and Industry Peers


We compete with a variety of independent suppliers and distributors, as well as with the in-house operations of certain OEMs. Our principal competitors include Dana Holding Corporation, GKN plc, Magna International Inc., ZF Friedrichshafen AG, Linamar Corporation, Meritor Inc. and the in-house operations of various global OEMs. The sector is also attracting new competitors, some of whom are entering our product segment through the acquisition of non-core operations.

With a focus on engineering and manufacturing, we support our business strategy and differentiate ourselves through outstanding long-term daily track records on quality, warranty, reliability, delivery and launch performance. AAM has an outstanding daily track record for delivering quality products, having averaged less than 10 discrepant parts per million (PPM) in 2015, as measured by our customers.

As global OEM’s race to meet tighter fuel efficiency emissions standards, the automotive industry is entering a new, more advanced phase of innovation and design. This encompasses advanced powertrain applications, hybrid and electric vehicles, autonomous vehicles and other equally sophisticated technologies. AAM is meeting these challenges with an aggressive plan to increase our investment in advanced product, process and systems technology.





  

Overall company Market Share Q1 2024

With revenue growth of 7.54 % within Overall company, American Axle and Manufacturing Holdings Inc achieved improvement in market share, within Overall company to approximately 34.93 %.
<<  More on AXL Market Share.
 
*Market share is calculated based on total revenue.





Who are American Axle and Manufacturing Holdings Inc's Competitors?




Dana Inc
Share Performance



-14.23%
This Year



Dana Inc
Profile

Dana Inc is an automotive supplier that operates on a business-to-business model, providing a wide range of drivetrain, sealing, and thermal-management products for various industries. They primarily generate revenue by selling their products to original equipment manufacturers (OEMs) and aftermarket customers. The company combines innovation, quality, and customer relationships to offer tailored solutions and remain competitive in the global automotive market.

More about Dana Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,807.104 mill. $ 10,646.000 mill. $ 28.000 mill.


Horizon Global Corp
Share Performance



-75.32%
One Year



Horizon Global Corp
Profile

Horizon Global Corp's business model revolves around designing, manufacturing, and distributing towing, trailering, and cargo management products.

More about Horizon Global Corp's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 48.706 mill. $ 675.320 mill. $ -91.220 mill.


Icahn Enterprises l p
Share Performance



-4.56%
30 Days



Icahn Enterprises l p
Profile

Icahn Enterprises L.P. is a diversified investment management firm with a business model focused on strategic investments, actively managing a portfolio of assets in various industries. Through an activist approach, the company typically seeks to acquire significant stakes in undervalued companies, working to unlock and enhance their value. With a strong emphasis on operational improvements and long-term growth, Icahn Enterprises aims to generate attractive returns for its shareholders.

More about Icahn Enterprises l p 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 6,003.200 mill. $ 15,395.000 mill. $ 390.000 mill.


Meritor Inc.
Share Performance



+0.50%
Over The Past 5 Days



Meritor Inc.
Profile

Meritor Inc. operates within the automotive industry, specifically focusing on the design, production, and sale of a wide range of integrated systems and components for commercial vehicles. The company follows a business model based on manufacturing and distributing high-quality products to original equipment manufacturers (OEMs) and the aftermarket. Meritor Inc. continually invests in research and development to innovate and deliver solutions that enhance vehicle performance, efficiency, and safety.

More about Meritor Inc.'s Market Share

Market Cap. Revenues TTM Net Income TTM
$ 2,620.700 mill. $ 4,295.000 mill. $ 264.000 mill.


Enpro Inc
Share Performance



-3.20%
30 Days



Enpro Inc
Profile

Enpro Industries Inc operates through a diversified business model, focusing on engineering and manufacturing high-performance industrial products across various sectors.

More about Enpro Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 147.325 mill. $ 1,033.400 mill. $ -6.600 mill.



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