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Side-by-side financial comparison of AMERICAN AXLE & MANUFACTURING HOLDINGS INC (AXL) and Brookfield Asset Management Ltd. (BAM). 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 $1.1B, roughly 1.3× Brookfield Asset Management Ltd.). Brookfield Asset Management Ltd. runs the higher net margin — 56.7% vs -5.4%, a 62.1% gap on every dollar of revenue.
American Axle & Manufacturing, Inc. (AAM), headquartered in Detroit, Michigan, is an American manufacturer of automobile driveline and drivetrain components and systems.
Brookfield Asset Management Ltd. is a Canadian-American alternative asset manager. The company was founded in December 2022 as a spin-off of the asset management operations of Brookfield Corporation, and manages investments across real estate, infrastructure, renewable energy, private equity, and credit markets globally.
AXL vs BAM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $1.1B |
| Net Profit | $-75.3M | $615.0M |
| Gross Margin | 10.2% | — |
| Operating Margin | -2.4% | 84.2% |
| Net Margin | -5.4% | 56.7% |
| Revenue YoY | 0.2% | — |
| Net Profit YoY | -449.6% | — |
| EPS (diluted) | $-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 | $1.4B | $1.1B | ||
| Q3 25 | $1.5B | $974.0M | ||
| Q2 25 | $1.5B | $931.0M | ||
| Q1 25 | $1.4B | $954.0M | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.5B | $873.0M | ||
| Q2 24 | $1.6B | $821.0M | ||
| Q1 24 | $1.6B | $786.0M |
| Q4 25 | $-75.3M | $615.0M | ||
| Q3 25 | $9.2M | $692.0M | ||
| Q2 25 | $39.3M | $584.0M | ||
| Q1 25 | $7.1M | $507.0M | ||
| Q4 24 | $-13.7M | — | ||
| Q3 24 | $10.0M | $537.0M | ||
| Q2 24 | $18.2M | $124.0M | ||
| Q1 24 | $20.5M | $373.0M |
| 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 | -2.4% | 84.2% | ||
| Q3 25 | 3.2% | 79.1% | ||
| Q2 25 | 3.6% | 70.8% | ||
| Q1 25 | 3.0% | 61.0% | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 2.8% | 72.5% | ||
| Q2 24 | 5.3% | 80.4% | ||
| Q1 24 | 4.8% | 56.5% |
| Q4 25 | -5.4% | 56.7% | ||
| Q3 25 | 0.6% | 71.0% | ||
| Q2 25 | 2.6% | 62.7% | ||
| Q1 25 | 0.5% | 53.1% | ||
| Q4 24 | -1.0% | — | ||
| Q3 24 | 0.7% | 61.5% | ||
| Q2 24 | 1.1% | 15.1% | ||
| Q1 24 | 1.3% | 47.5% |
| Q4 25 | $-0.62 | — | ||
| Q3 25 | $0.07 | — | ||
| Q2 25 | $0.32 | — | ||
| Q1 25 | $0.06 | — | ||
| Q4 24 | $-0.11 | — | ||
| Q3 24 | $0.08 | — | ||
| Q2 24 | $0.15 | — | ||
| Q1 24 | $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 | $708.9M | $1.6B |
| Total DebtLower is stronger | $4.0B | — |
| Stockholders' EquityBook value | $640.0M | $8.9B |
| Total Assets | $6.7B | $17.0B |
| Debt / EquityLower = less leverage | 6.31× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $708.9M | $1.6B | ||
| Q3 25 | $714.1M | $1.1B | ||
| Q2 25 | $586.5M | $480.0M | ||
| Q1 25 | $549.2M | $332.0M | ||
| Q4 24 | $552.9M | — | ||
| Q3 24 | $542.5M | — | ||
| Q2 24 | $519.9M | $10.0M | ||
| Q1 24 | $469.8M | — |
| Q4 25 | $4.0B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $2.7B | — | ||
| Q1 24 | $2.7B | — |
| Q4 25 | $640.0M | $8.9B | ||
| Q3 25 | $718.4M | $8.5B | ||
| Q2 25 | $673.0M | $8.5B | ||
| Q1 25 | $596.3M | $8.5B | ||
| Q4 24 | $562.8M | — | ||
| Q3 24 | $616.3M | $9.0B | ||
| Q2 24 | $609.6M | $3.2B | ||
| Q1 24 | $621.4M | $2.2B |
| Q4 25 | $6.7B | $17.0B | ||
| Q3 25 | $5.3B | $16.5B | ||
| Q2 25 | $5.3B | $16.1B | ||
| Q1 25 | $5.1B | $15.0B | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $5.3B | — | ||
| Q2 24 | $5.3B | $4.2B | ||
| Q1 24 | $5.4B | — |
| Q4 25 | 6.31× | — | ||
| Q3 25 | 3.61× | — | ||
| Q2 25 | 3.86× | — | ||
| Q1 25 | 4.38× | — | ||
| Q4 24 | 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 | $120.5M | $562.0M |
| Free Cash FlowOCF − Capex | $54.7M | — |
| FCF MarginFCF / Revenue | 4.0% | — |
| Capex IntensityCapex / Revenue | 4.8% | — |
| Cash ConversionOCF / Net Profit | — | 0.91× |
| TTM Free Cash FlowTrailing 4 quarters | $155.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $120.5M | $562.0M | ||
| Q3 25 | $143.3M | $745.0M | ||
| Q2 25 | $91.9M | $529.0M | ||
| Q1 25 | $55.9M | $265.0M | ||
| Q4 24 | $151.2M | — | ||
| Q3 24 | $143.6M | $567.0M | ||
| Q2 24 | $142.8M | $159.0M | ||
| Q1 24 | $17.8M | $516.0M |
| Q4 25 | $54.7M | — | ||
| Q3 25 | $79.2M | — | ||
| Q2 25 | $34.6M | — | ||
| Q1 25 | $-13.4M | — | ||
| Q4 24 | $73.2M | — | ||
| Q3 24 | $70.4M | — | ||
| Q2 24 | $94.0M | — | ||
| Q1 24 | $-30.2M | — |
| Q4 25 | 4.0% | — | ||
| Q3 25 | 5.3% | — | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | -0.9% | — | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 4.7% | — | ||
| Q2 24 | 5.8% | — | ||
| Q1 24 | -1.9% | — |
| Q4 25 | 4.8% | — | ||
| Q3 25 | 4.3% | — | ||
| Q2 25 | 3.7% | — | ||
| Q1 25 | 4.9% | — | ||
| Q4 24 | 5.6% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 3.0% | — | ||
| Q1 24 | 3.0% | — |
| Q4 25 | — | 0.91× | ||
| Q3 25 | 15.58× | 1.08× | ||
| Q2 25 | 2.34× | 0.91× | ||
| Q1 25 | 7.87× | 0.52× | ||
| Q4 24 | — | — | ||
| Q3 24 | 14.36× | 1.06× | ||
| Q2 24 | 7.85× | 1.28× | ||
| Q1 24 | 0.87× | 1.38× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AXL
| Driveline | $748.4M | 54% |
| Other | $345.7M | 25% |
| Metal Forming | $289.8M | 21% |
BAM
| Incentive Fees | $452.0M | 42% |
| Infrastruture | $332.0M | 31% |
| Private Equity | $174.0M | 16% |
| Renewable Power And Transition | $66.0M | 6% |
| Other | $47.0M | 4% |
| Management And Advisory Fees | $14.0M | 1% |
