American Axle & Manufacturing
AXL
#5258
Rank
$0.88 B
Marketcap
$7.52
Share price
0.67%
Change (1 day)
8.36%
Change (1 year)

Operating Margin for American Axle & Manufacturing (AXL)

Operating Margin as of April 2024 (TTM): 4.05%

According to American Axle & Manufacturing's latest financial reports and stock price the company's current Operating Margin is 4.05%. At the end of 2021 the company had an Operating Margin of 0.02%.

Operating Margin history for American Axle & Manufacturing from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20210.02%-100.18%
2020-12.96%58.74%
2019-8.16%420.94%
2018-1.57%-128.87%
20175.43%-28.35%
20167.57%8.4%
20156.99%46.14%
20144.78%77.68%
20132.69%150.36%
20121.07%-79.88%
20115.34%2.67%
20105.20%-126.65%
2009-19.53%-63.27%
2008-53.16%-9911.47%
20070.54%-104.86%
2006-11.14%-571.61%
20052.36%-63.95%
20046.55%-20.43%
20038.23%4.65%
20027.87%35.13%
20015.82%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
8.06% 99.01%๐Ÿ‡บ๐Ÿ‡ธ USA
2.32%-42.72%๐Ÿ‡จ๐Ÿ‡ฆ Canada
0.10%-97.53%๐Ÿ‡บ๐Ÿ‡ธ USA
0.80%-80.25%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.37%-133.83%๐Ÿ‡บ๐Ÿ‡ธ USA
3.03%-25.19%๐Ÿ‡บ๐Ÿ‡ธ USA
3.39%-16.30%๐Ÿ‡บ๐Ÿ‡ธ USA
0.49%-87.90%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.