vs
Side-by-side financial comparison of Ameren (AEE) and AMERICAN AXLE & MANUFACTURING HOLDINGS INC (AXL). Click either name above to swap in a different company.
Ameren is the larger business by last-quarter revenue ($1.8B vs $1.4B, roughly 1.3× AMERICAN AXLE & MANUFACTURING HOLDINGS INC). Ameren runs the higher net margin — 14.2% vs -5.4%, a 19.6% gap on every dollar of revenue. On growth, AMERICAN AXLE & MANUFACTURING HOLDINGS INC posted the faster year-over-year revenue change (0.2% vs -8.2%). AMERICAN AXLE & MANUFACTURING HOLDINGS INC produced more free cash flow last quarter ($54.7M vs $-54.0M). Over the past eight quarters, Ameren's revenue compounded faster (-0.9% CAGR vs -7.2%).
Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. It operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. The company engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution and transmission businesses. It primarily generates electricity through coal, nucle...
American Axle & Manufacturing, Inc. (AAM), headquartered in Detroit, Michigan, is an American manufacturer of automobile driveline and drivetrain components and systems.
AEE vs AXL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.8B | $1.4B |
| Net Profit | $253.0M | $-75.3M |
| Gross Margin | — | 10.2% |
| Operating Margin | 20.2% | -2.4% |
| Net Margin | 14.2% | -5.4% |
| Revenue YoY | -8.2% | 0.2% |
| Net Profit YoY | 21.6% | -449.6% |
| EPS (diluted) | $0.92 | $-0.62 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.8B | $1.4B | ||
| Q3 25 | $2.7B | $1.5B | ||
| Q2 25 | $2.2B | $1.5B | ||
| Q1 25 | $2.1B | $1.4B | ||
| Q4 24 | $1.9B | $1.4B | ||
| Q3 24 | $2.2B | $1.5B | ||
| Q2 24 | $1.7B | $1.6B | ||
| Q1 24 | $1.8B | $1.6B |
| Q4 25 | $253.0M | $-75.3M | ||
| Q3 25 | $641.0M | $9.2M | ||
| Q2 25 | $277.0M | $39.3M | ||
| Q1 25 | $290.0M | $7.1M | ||
| Q4 24 | $208.0M | $-13.7M | ||
| Q3 24 | $457.0M | $10.0M | ||
| Q2 24 | $260.0M | $18.2M | ||
| Q1 24 | $262.0M | $20.5M |
| Q4 25 | — | 10.2% | ||
| Q3 25 | — | 12.6% | ||
| Q2 25 | — | 13.1% | ||
| Q1 25 | — | 12.3% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | — | 11.4% | ||
| Q2 24 | — | 13.3% | ||
| Q1 24 | — | 12.4% |
| Q4 25 | 20.2% | -2.4% | ||
| Q3 25 | 30.6% | 3.2% | ||
| Q2 25 | 18.5% | 3.6% | ||
| Q1 25 | 20.5% | 3.0% | ||
| Q4 24 | 10.2% | 2.6% | ||
| Q3 24 | 27.0% | 2.8% | ||
| Q2 24 | 21.3% | 5.3% | ||
| Q1 24 | 20.4% | 4.8% |
| Q4 25 | 14.2% | -5.4% | ||
| Q3 25 | 23.7% | 0.6% | ||
| Q2 25 | 12.5% | 2.6% | ||
| Q1 25 | 13.8% | 0.5% | ||
| Q4 24 | 10.7% | -1.0% | ||
| Q3 24 | 21.0% | 0.7% | ||
| Q2 24 | 15.4% | 1.1% | ||
| Q1 24 | 14.4% | 1.3% |
| Q4 25 | $0.92 | $-0.62 | ||
| Q3 25 | $2.35 | $0.07 | ||
| Q2 25 | $1.01 | $0.32 | ||
| Q1 25 | $1.07 | $0.06 | ||
| Q4 24 | $0.77 | $-0.11 | ||
| Q3 24 | $1.70 | $0.08 | ||
| Q2 24 | $0.97 | $0.15 | ||
| Q1 24 | $0.98 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $13.0M | $708.9M |
| Total DebtLower is stronger | $19.4B | $4.0B |
| Stockholders' EquityBook value | $13.4B | $640.0M |
| Total Assets | $48.5B | $6.7B |
| Debt / EquityLower = less leverage | 1.45× | 6.31× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.0M | $708.9M | ||
| Q3 25 | $9.0M | $714.1M | ||
| Q2 25 | $11.0M | $586.5M | ||
| Q1 25 | $23.0M | $549.2M | ||
| Q4 24 | $7.0M | $552.9M | ||
| Q3 24 | $17.0M | $542.5M | ||
| Q2 24 | $19.0M | $519.9M | ||
| Q1 24 | $85.0M | $469.8M |
| Q4 25 | $19.4B | $4.0B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | $17.8B | $2.6B | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | — | $2.7B | ||
| Q1 24 | — | $2.7B |
| Q4 25 | $13.4B | $640.0M | ||
| Q3 25 | $12.8B | $718.4M | ||
| Q2 25 | $12.3B | $673.0M | ||
| Q1 25 | $12.2B | $596.3M | ||
| Q4 24 | $12.1B | $562.8M | ||
| Q3 24 | $11.8B | $616.3M | ||
| Q2 24 | $11.5B | $609.6M | ||
| Q1 24 | $11.4B | $621.4M |
| Q4 25 | $48.5B | $6.7B | ||
| Q3 25 | $47.4B | $5.3B | ||
| Q2 25 | $46.6B | $5.3B | ||
| Q1 25 | $45.7B | $5.1B | ||
| Q4 24 | $44.6B | $5.1B | ||
| Q3 24 | $43.3B | $5.3B | ||
| Q2 24 | $42.3B | $5.3B | ||
| Q1 24 | $41.3B | $5.4B |
| Q4 25 | 1.45× | 6.31× | ||
| Q3 25 | — | 3.61× | ||
| Q2 25 | — | 3.86× | ||
| Q1 25 | — | 4.38× | ||
| Q4 24 | 1.47× | 4.58× | ||
| Q3 24 | — | 4.28× | ||
| Q2 24 | — | 4.42× | ||
| Q1 24 | — | 4.40× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $956.0M | $120.5M |
| Free Cash FlowOCF − Capex | $-54.0M | $54.7M |
| FCF MarginFCF / Revenue | -3.0% | 4.0% |
| Capex IntensityCapex / Revenue | 56.7% | 4.8% |
| Cash ConversionOCF / Net Profit | 3.78× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-775.0M | $155.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $956.0M | $120.5M | ||
| Q3 25 | $1.1B | $143.3M | ||
| Q2 25 | $862.0M | $91.9M | ||
| Q1 25 | $431.0M | $55.9M | ||
| Q4 24 | $817.0M | $151.2M | ||
| Q3 24 | $897.0M | $143.6M | ||
| Q2 24 | $557.0M | $142.8M | ||
| Q1 24 | $492.0M | $17.8M |
| Q4 25 | $-54.0M | $54.7M | ||
| Q3 25 | $116.0M | $79.2M | ||
| Q2 25 | $-204.0M | $34.6M | ||
| Q1 25 | $-633.0M | $-13.4M | ||
| Q4 24 | $-473.0M | $73.2M | ||
| Q3 24 | $-240.0M | $70.4M | ||
| Q2 24 | $-445.0M | $94.0M | ||
| Q1 24 | $-398.0M | $-30.2M |
| Q4 25 | -3.0% | 4.0% | ||
| Q3 25 | 4.3% | 5.3% | ||
| Q2 25 | -9.2% | 2.3% | ||
| Q1 25 | -30.2% | -0.9% | ||
| Q4 24 | -24.4% | 5.3% | ||
| Q3 24 | -11.0% | 4.7% | ||
| Q2 24 | -26.3% | 5.8% | ||
| Q1 24 | -21.9% | -1.9% |
| Q4 25 | 56.7% | 4.8% | ||
| Q3 25 | 36.6% | 4.3% | ||
| Q2 25 | 48.0% | 3.7% | ||
| Q1 25 | 50.7% | 4.9% | ||
| Q4 24 | 66.5% | 5.6% | ||
| Q3 24 | 52.3% | 4.9% | ||
| Q2 24 | 59.2% | 3.0% | ||
| Q1 24 | 49.0% | 3.0% |
| Q4 25 | 3.78× | — | ||
| Q3 25 | 1.72× | 15.58× | ||
| Q2 25 | 3.11× | 2.34× | ||
| Q1 25 | 1.49× | 7.87× | ||
| Q4 24 | 3.93× | — | ||
| Q3 24 | 1.96× | 14.36× | ||
| Q2 24 | 2.14× | 7.85× | ||
| Q1 24 | 1.88× | 0.87× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AEE
Segment breakdown not available.
AXL
| Driveline | $748.4M | 54% |
| Other | $345.7M | 25% |
| Metal Forming | $289.8M | 21% |