vs
Side-by-side financial comparison of AMERICAN AXLE & MANUFACTURING HOLDINGS INC (AXL) and Evergy (EVRG). 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 $1.3B, roughly 1.1× Evergy). Evergy runs the higher net margin — 6.5% vs -5.4%, a 12.0% gap on every dollar of revenue. On growth, Evergy posted the faster year-over-year revenue change (5.3% vs 0.2%). AMERICAN AXLE & MANUFACTURING HOLDINGS INC produced more free cash flow last quarter ($54.7M vs $-530.5M). Over the past eight quarters, Evergy's revenue compounded faster (0.4% CAGR vs -7.2%).
American Axle & Manufacturing, Inc. (AAM), headquartered in Detroit, Michigan, is an American manufacturer of automobile driveline and drivetrain components and systems.
Evergy, Inc. is an American investor-owned utility (IOU) with publicly traded stock with headquarters in Topeka, Kansas, and in Kansas City, Missouri. The company was formed from a merger of Westar Energy of Topeka and Great Plains Energy of Kansas City, parent company of Kansas City Power & Light. Evergy is the largest electric company in Kansas, serving more than 1.7 million residential, commercial and industrial customers in Kansas and Missouri.
AXL vs EVRG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $1.3B |
| Net Profit | $-75.3M | $84.3M |
| Gross Margin | 10.2% | — |
| Operating Margin | -2.4% | 18.5% |
| Net Margin | -5.4% | 6.5% |
| Revenue YoY | 0.2% | 5.3% |
| Net Profit YoY | -449.6% | 7.8% |
| EPS (diluted) | $-0.62 | $0.35 |
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 | $1.3B | ||
| Q3 25 | $1.5B | $1.8B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $1.4B | $1.2B | ||
| Q3 24 | $1.5B | $1.8B | ||
| Q2 24 | $1.6B | $1.4B | ||
| Q1 24 | $1.6B | $1.3B |
| Q4 25 | $-75.3M | $84.3M | ||
| Q3 25 | $9.2M | $475.0M | ||
| Q2 25 | $39.3M | $171.3M | ||
| Q1 25 | $7.1M | $125.0M | ||
| Q4 24 | $-13.7M | $78.2M | ||
| Q3 24 | $10.0M | $465.6M | ||
| Q2 24 | $18.2M | $207.0M | ||
| Q1 24 | $20.5M | $122.7M |
| 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% | 18.5% | ||
| Q3 25 | 3.2% | 37.3% | ||
| Q2 25 | 3.6% | 25.4% | ||
| Q1 25 | 3.0% | 22.5% | ||
| Q4 24 | 2.6% | 18.1% | ||
| Q3 24 | 2.8% | 35.1% | ||
| Q2 24 | 5.3% | 25.4% | ||
| Q1 24 | 4.8% | 20.3% |
| Q4 25 | -5.4% | 6.5% | ||
| Q3 25 | 0.6% | 26.9% | ||
| Q2 25 | 2.6% | 12.6% | ||
| Q1 25 | 0.5% | 9.7% | ||
| Q4 24 | -1.0% | 6.4% | ||
| Q3 24 | 0.7% | 26.0% | ||
| Q2 24 | 1.1% | 14.7% | ||
| Q1 24 | 1.3% | 9.6% |
| Q4 25 | $-0.62 | $0.35 | ||
| Q3 25 | $0.07 | $2.03 | ||
| Q2 25 | $0.32 | $0.74 | ||
| Q1 25 | $0.06 | $0.54 | ||
| Q4 24 | $-0.11 | $0.34 | ||
| Q3 24 | $0.08 | $2.02 | ||
| Q2 24 | $0.15 | $0.90 | ||
| Q1 24 | $0.17 | $0.53 |
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 | $19.8M |
| Total DebtLower is stronger | $4.0B | — |
| Stockholders' EquityBook value | $640.0M | $10.2B |
| Total Assets | $6.7B | $33.9B |
| Debt / EquityLower = less leverage | 6.31× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $708.9M | $19.8M | ||
| Q3 25 | $714.1M | $27.5M | ||
| Q2 25 | $586.5M | $27.8M | ||
| Q1 25 | $549.2M | $35.3M | ||
| Q4 24 | $552.9M | $22.0M | ||
| Q3 24 | $542.5M | $34.6M | ||
| Q2 24 | $519.9M | $26.1M | ||
| Q1 24 | $469.8M | $63.7M |
| 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 | $10.2B | ||
| Q3 25 | $718.4M | $10.3B | ||
| Q2 25 | $673.0M | $10.0B | ||
| Q1 25 | $596.3M | $9.9B | ||
| Q4 24 | $562.8M | $10.0B | ||
| Q3 24 | $616.3M | $10.0B | ||
| Q2 24 | $609.6M | $9.7B | ||
| Q1 24 | $621.4M | $9.6B |
| Q4 25 | $6.7B | $33.9B | ||
| Q3 25 | $5.3B | $33.4B | ||
| Q2 25 | $5.3B | $32.9B | ||
| Q1 25 | $5.1B | $32.5B | ||
| Q4 24 | $5.1B | $32.3B | ||
| Q3 24 | $5.3B | $32.1B | ||
| Q2 24 | $5.3B | $31.8B | ||
| Q1 24 | $5.4B | $31.3B |
| 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 | $334.0M |
| Free Cash FlowOCF − Capex | $54.7M | $-530.5M |
| FCF MarginFCF / Revenue | 4.0% | -41.1% |
| Capex IntensityCapex / Revenue | 4.8% | 66.9% |
| Cash ConversionOCF / Net Profit | — | 3.96× |
| TTM Free Cash FlowTrailing 4 quarters | $155.1M | $-751.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $120.5M | $334.0M | ||
| Q3 25 | $143.3M | $937.7M | ||
| Q2 25 | $91.9M | $323.9M | ||
| Q1 25 | $55.9M | $449.6M | ||
| Q4 24 | $151.2M | $395.6M | ||
| Q3 24 | $143.6M | $953.3M | ||
| Q2 24 | $142.8M | $317.5M | ||
| Q1 24 | $17.8M | $317.3M |
| Q4 25 | $54.7M | $-530.5M | ||
| Q3 25 | $79.2M | $225.4M | ||
| Q2 25 | $34.6M | $-303.4M | ||
| Q1 25 | $-13.4M | $-143.2M | ||
| Q4 24 | $73.2M | $-118.6M | ||
| Q3 24 | $70.4M | $427.0M | ||
| Q2 24 | $94.0M | $-360.0M | ||
| Q1 24 | $-30.2M | $-301.3M |
| Q4 25 | 4.0% | -41.1% | ||
| Q3 25 | 5.3% | 12.8% | ||
| Q2 25 | 2.3% | -22.4% | ||
| Q1 25 | -0.9% | -11.1% | ||
| Q4 24 | 5.3% | -9.7% | ||
| Q3 24 | 4.7% | 23.9% | ||
| Q2 24 | 5.8% | -25.6% | ||
| Q1 24 | -1.9% | -23.5% |
| Q4 25 | 4.8% | 66.9% | ||
| Q3 25 | 4.3% | 40.4% | ||
| Q2 25 | 3.7% | 46.3% | ||
| Q1 25 | 4.9% | 45.8% | ||
| Q4 24 | 5.6% | 41.9% | ||
| Q3 24 | 4.9% | 29.4% | ||
| Q2 24 | 3.0% | 48.1% | ||
| Q1 24 | 3.0% | 48.3% |
| Q4 25 | — | 3.96× | ||
| Q3 25 | 15.58× | 1.97× | ||
| Q2 25 | 2.34× | 1.89× | ||
| Q1 25 | 7.87× | 3.60× | ||
| Q4 24 | — | 5.06× | ||
| Q3 24 | 14.36× | 2.05× | ||
| Q2 24 | 7.85× | 1.53× | ||
| Q1 24 | 0.87× | 2.59× |
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% |
EVRG
| Electric Utility Customer Class Residential | $462.9M | 36% |
| Electric Utility Customer Class Commercial | $447.6M | 35% |
| Electric Utility Customer Class Industrial | $164.1M | 13% |
| Electric Utility Customer Class Transmission | $129.4M | 10% |
| Electric Utility Customer Class Wholesale | $69.7M | 5% |
| Electric Utility Customer Class Other Retail | $12.2M | 1% |
| Electric Utility Customer Class Industrial Steam | $5.7M | 0% |
