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Side-by-side financial comparison of Allstate (ALL) and AMERICAN AXLE & MANUFACTURING HOLDINGS INC (AXL). Click either name above to swap in a different company.
AMERICAN AXLE & MANUFACTURING HOLDINGS INC is the larger business by last-quarter revenue ($1.4B vs $922.0M, roughly 1.5× Allstate). Allstate runs the higher net margin — 266.6% vs -5.4%, a 272.0% gap on every dollar of revenue. On growth, Allstate posted the faster year-over-year revenue change (7.2% vs 0.2%). Over the past eight quarters, AMERICAN AXLE & MANUFACTURING HOLDINGS INC's revenue compounded faster (-7.2% CAGR vs -75.8%).
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance; other personal ...
American Axle & Manufacturing, Inc. (AAM), headquartered in Detroit, Michigan, is an American manufacturer of automobile driveline and drivetrain components and systems.
ALL vs AXL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $922.0M | $1.4B |
| Net Profit | $2.5B | $-75.3M |
| Gross Margin | — | 10.2% |
| Operating Margin | -1400.3% | -2.4% |
| Net Margin | 266.6% | -5.4% |
| Revenue YoY | 7.2% | 0.2% |
| Net Profit YoY | — | -449.6% |
| EPS (diluted) | $9.25 | $-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.
| Q1 26 | $922.0M | — | ||
| Q4 25 | $17.3B | $1.4B | ||
| Q3 25 | $17.3B | $1.5B | ||
| Q2 25 | $16.6B | $1.5B | ||
| Q1 25 | $16.5B | $1.4B | ||
| Q4 24 | $16.5B | $1.4B | ||
| Q3 24 | $16.6B | $1.5B | ||
| Q2 24 | $15.7B | $1.6B |
| Q1 26 | $2.5B | — | ||
| Q4 25 | $3.8B | $-75.3M | ||
| Q3 25 | $3.7B | $9.2M | ||
| Q2 25 | $2.1B | $39.3M | ||
| Q1 25 | $595.0M | $7.1M | ||
| Q4 24 | $1.9B | $-13.7M | ||
| Q3 24 | $1.2B | $10.0M | ||
| Q2 24 | $331.0M | $18.2M |
| Q1 26 | — | — | ||
| 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 26 | -1400.3% | — | ||
| Q4 25 | — | -2.4% | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | 3.6% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | 5.3% |
| Q1 26 | 266.6% | — | ||
| Q4 25 | 22.1% | -5.4% | ||
| Q3 25 | 21.7% | 0.6% | ||
| Q2 25 | 12.7% | 2.6% | ||
| Q1 25 | 3.6% | 0.5% | ||
| Q4 24 | 11.7% | -1.0% | ||
| Q3 24 | 7.2% | 0.7% | ||
| Q2 24 | 2.1% | 1.1% |
| Q1 26 | $9.25 | — | ||
| Q4 25 | $14.24 | $-0.62 | ||
| Q3 25 | $13.95 | $0.07 | ||
| Q2 25 | $7.76 | $0.32 | ||
| Q1 25 | $2.11 | $0.06 | ||
| Q4 24 | $7.07 | $-0.11 | ||
| Q3 24 | $4.33 | $0.08 | ||
| Q2 24 | $1.13 | $0.15 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $708.9M |
| Total DebtLower is stronger | — | $4.0B |
| Stockholders' EquityBook value | $31.6B | $640.0M |
| Total Assets | $124.0B | $6.7B |
| Debt / EquityLower = less leverage | — | 6.31× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $4.9B | $708.9M | ||
| Q3 25 | $8.7B | $714.1M | ||
| Q2 25 | $9.6B | $586.5M | ||
| Q1 25 | $6.5B | $549.2M | ||
| Q4 24 | $4.5B | $552.9M | ||
| Q3 24 | $7.0B | $542.5M | ||
| Q2 24 | $5.3B | $519.9M |
| Q1 26 | — | — | ||
| Q4 25 | $7.5B | $4.0B | ||
| Q3 25 | $8.1B | $2.6B | ||
| Q2 25 | $8.1B | $2.6B | ||
| Q1 25 | $8.1B | $2.6B | ||
| Q4 24 | $8.1B | $2.6B | ||
| Q3 24 | $8.1B | $2.6B | ||
| Q2 24 | $8.1B | $2.7B |
| Q1 26 | $31.6B | — | ||
| Q4 25 | $30.6B | $640.0M | ||
| Q3 25 | $27.5B | $718.4M | ||
| Q2 25 | $24.0B | $673.0M | ||
| Q1 25 | $22.1B | $596.3M | ||
| Q4 24 | $21.4B | $562.8M | ||
| Q3 24 | $20.9B | $616.3M | ||
| Q2 24 | $18.6B | $609.6M |
| Q1 26 | $124.0B | — | ||
| Q4 25 | $119.8B | $6.7B | ||
| Q3 25 | $120.4B | $5.3B | ||
| Q2 25 | $115.9B | $5.3B | ||
| Q1 25 | $115.2B | $5.1B | ||
| Q4 24 | $111.6B | $5.1B | ||
| Q3 24 | $113.7B | $5.3B | ||
| Q2 24 | $108.4B | $5.3B |
| Q1 26 | — | — | ||
| Q4 25 | 0.24× | 6.31× | ||
| Q3 25 | 0.29× | 3.61× | ||
| Q2 25 | 0.34× | 3.86× | ||
| Q1 25 | 0.37× | 4.38× | ||
| Q4 24 | 0.38× | 4.58× | ||
| Q3 24 | 0.39× | 4.28× | ||
| Q2 24 | 0.43× | 4.42× |
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 | — | $120.5M |
| Free Cash FlowOCF − Capex | — | $54.7M |
| FCF MarginFCF / Revenue | — | 4.0% |
| Capex IntensityCapex / Revenue | — | 4.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $155.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $3.0B | $120.5M | ||
| Q3 25 | $3.3B | $143.3M | ||
| Q2 25 | $1.9B | $91.9M | ||
| Q1 25 | $2.0B | $55.9M | ||
| Q4 24 | $1.7B | $151.2M | ||
| Q3 24 | $3.2B | $143.6M | ||
| Q2 24 | $2.4B | $142.8M |
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | $54.7M | ||
| Q3 25 | $3.2B | $79.2M | ||
| Q2 25 | $1.9B | $34.6M | ||
| Q1 25 | $1.9B | $-13.4M | ||
| Q4 24 | $1.7B | $73.2M | ||
| Q3 24 | $3.1B | $70.4M | ||
| Q2 24 | $2.3B | $94.0M |
| Q1 26 | — | — | ||
| Q4 25 | 16.7% | 4.0% | ||
| Q3 25 | 18.8% | 5.3% | ||
| Q2 25 | 11.3% | 2.3% | ||
| Q1 25 | 11.4% | -0.9% | ||
| Q4 24 | 10.0% | 5.3% | ||
| Q3 24 | 18.9% | 4.7% | ||
| Q2 24 | 14.7% | 5.8% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 4.8% | ||
| Q3 25 | 0.3% | 4.3% | ||
| Q2 25 | 0.0% | 3.7% | ||
| Q1 25 | 0.6% | 4.9% | ||
| Q4 24 | 0.3% | 5.6% | ||
| Q3 24 | 0.4% | 4.9% | ||
| Q2 24 | 0.4% | 3.0% |
| Q1 26 | — | — | ||
| Q4 25 | 0.78× | — | ||
| Q3 25 | 0.88× | 15.58× | ||
| Q2 25 | 0.89× | 2.34× | ||
| Q1 25 | 3.30× | 7.87× | ||
| Q4 24 | 0.88× | — | ||
| Q3 24 | 2.69× | 14.36× | ||
| Q2 24 | 7.13× | 7.85× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALL
Segment breakdown not available.
AXL
| Driveline | $748.4M | 54% |
| Other | $345.7M | 25% |
| Metal Forming | $289.8M | 21% |
