American Axle & Manufacturing
AXL
#5971
Rank
A$1.04 B
Marketcap
$8.90
Share price
1.80%
Change (1 day)
-24.19%
Change (1 year)

Operating Margin for American Axle & Manufacturing (AXL)

Operating Margin as of September 2024 (TTM): 3.78%

According to American Axle & Manufacturing's latest financial reports and stock price the company's current Operating Margin is 3.78%. At the end of 2023 the company had an Operating Margin of -0.40%.

Operating Margin history for American Axle & Manufacturing from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-0.40%-135.27%
20221.14%4810.07%
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
2.32%-38.62%๐Ÿ‡จ๐Ÿ‡ฆ Canada
1.23%-67.46%๐Ÿ‡บ๐Ÿ‡ธ USA
-8.43%-323.02%๐Ÿ‡บ๐Ÿ‡ธ USA
0.41%-89.15%๐Ÿ‡บ๐Ÿ‡ธ USA
0.10%-97.35%๐Ÿ‡บ๐Ÿ‡ธ USA
6.39% 69.05%๐Ÿ‡บ๐Ÿ‡ธ USA
7.35% 94.44%๐Ÿ‡บ๐Ÿ‡ธ USA
3.60%-4.76%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.