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Side-by-side financial comparison of AMERICAN AXLE & MANUFACTURING HOLDINGS INC (AXL) and EXACT SCIENCES CORP (EXAS). 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 $878.4M, roughly 1.6× EXACT SCIENCES CORP). AMERICAN AXLE & MANUFACTURING HOLDINGS INC runs the higher net margin — -5.4% vs -9.8%, a 4.3% gap on every dollar of revenue. On growth, EXACT SCIENCES CORP posted the faster year-over-year revenue change (23.1% vs 0.2%). EXACT SCIENCES CORP produced more free cash flow last quarter ($120.4M vs $54.7M). Over the past eight quarters, EXACT SCIENCES CORP's revenue compounded faster (17.4% 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.

Exact Sciences Corporation is an American molecular diagnostics company based in Madison, Wisconsin, specializing in the detection of early-stage cancers. The company provides products for the detection and prevention of colorectal cancer, including Cologuard, the first stool DNA test for colorectal cancer, along with additional screening and precision oncological tests for other types of cancer.

AXL vs EXAS — Head-to-Head

Bigger by revenue
AXL
AXL
1.6× larger
AXL
$1.4B
$878.4M
EXAS
Growing faster (revenue YoY)
EXAS
EXAS
+22.9% gap
EXAS
23.1%
0.2%
AXL
Higher net margin
AXL
AXL
4.3% more per $
AXL
-5.4%
-9.8%
EXAS
More free cash flow
EXAS
EXAS
$65.7M more FCF
EXAS
$120.4M
$54.7M
AXL
Faster 2-yr revenue CAGR
EXAS
EXAS
Annualised
EXAS
17.4%
-7.2%
AXL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AXL
AXL
EXAS
EXAS
Revenue
$1.4B
$878.4M
Net Profit
$-75.3M
$-86.0M
Gross Margin
10.2%
70.1%
Operating Margin
-2.4%
-9.4%
Net Margin
-5.4%
-9.8%
Revenue YoY
0.2%
23.1%
Net Profit YoY
-449.6%
90.1%
EPS (diluted)
$-0.62
$-0.45

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.

Revenue
AXL
AXL
EXAS
EXAS
Q4 25
$1.4B
$878.4M
Q3 25
$1.5B
$850.7M
Q2 25
$1.5B
$811.1M
Q1 25
$1.4B
$706.8M
Q4 24
$1.4B
$713.4M
Q3 24
$1.5B
$708.7M
Q2 24
$1.6B
$699.3M
Q1 24
$1.6B
$637.5M
Net Profit
AXL
AXL
EXAS
EXAS
Q4 25
$-75.3M
$-86.0M
Q3 25
$9.2M
$-19.6M
Q2 25
$39.3M
$-1.2M
Q1 25
$7.1M
$-101.2M
Q4 24
$-13.7M
$-864.6M
Q3 24
$10.0M
$-38.2M
Q2 24
$18.2M
$-15.8M
Q1 24
$20.5M
$-110.2M
Gross Margin
AXL
AXL
EXAS
EXAS
Q4 25
10.2%
70.1%
Q3 25
12.6%
68.6%
Q2 25
13.1%
69.3%
Q1 25
12.3%
70.8%
Q4 24
11.2%
69.0%
Q3 24
11.4%
69.4%
Q2 24
13.3%
69.8%
Q1 24
12.4%
70.0%
Operating Margin
AXL
AXL
EXAS
EXAS
Q4 25
-2.4%
-9.4%
Q3 25
3.2%
-3.0%
Q2 25
3.6%
-0.3%
Q1 25
3.0%
-13.6%
Q4 24
2.6%
-122.8%
Q3 24
2.8%
-5.6%
Q2 24
5.3%
-3.8%
Q1 24
4.8%
-16.7%
Net Margin
AXL
AXL
EXAS
EXAS
Q4 25
-5.4%
-9.8%
Q3 25
0.6%
-2.3%
Q2 25
2.6%
-0.1%
Q1 25
0.5%
-14.3%
Q4 24
-1.0%
-121.2%
Q3 24
0.7%
-5.4%
Q2 24
1.1%
-2.3%
Q1 24
1.3%
-17.3%
EPS (diluted)
AXL
AXL
EXAS
EXAS
Q4 25
$-0.62
$-0.45
Q3 25
$0.07
$-0.10
Q2 25
$0.32
$-0.01
Q1 25
$0.06
$-0.54
Q4 24
$-0.11
$-4.69
Q3 24
$0.08
$-0.21
Q2 24
$0.15
$-0.09
Q1 24
$0.17
$-0.60

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AXL
AXL
EXAS
EXAS
Cash + ST InvestmentsLiquidity on hand
$708.9M
$964.7M
Total DebtLower is stronger
$4.0B
Stockholders' EquityBook value
$640.0M
$2.4B
Total Assets
$6.7B
$5.9B
Debt / EquityLower = less leverage
6.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXL
AXL
EXAS
EXAS
Q4 25
$708.9M
$964.7M
Q3 25
$714.1M
$1.0B
Q2 25
$586.5M
$858.4M
Q1 25
$549.2M
$786.2M
Q4 24
$552.9M
$1.0B
Q3 24
$542.5M
$1.0B
Q2 24
$519.9M
$946.8M
Q1 24
$469.8M
$652.1M
Total Debt
AXL
AXL
EXAS
EXAS
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
Stockholders' Equity
AXL
AXL
EXAS
EXAS
Q4 25
$640.0M
$2.4B
Q3 25
$718.4M
$2.5B
Q2 25
$673.0M
$2.5B
Q1 25
$596.3M
$2.4B
Q4 24
$562.8M
$2.4B
Q3 24
$616.3M
$3.2B
Q2 24
$609.6M
$3.2B
Q1 24
$621.4M
$3.1B
Total Assets
AXL
AXL
EXAS
EXAS
Q4 25
$6.7B
$5.9B
Q3 25
$5.3B
$5.9B
Q2 25
$5.3B
$5.8B
Q1 25
$5.1B
$5.7B
Q4 24
$5.1B
$5.9B
Q3 24
$5.3B
$6.7B
Q2 24
$5.3B
$6.7B
Q1 24
$5.4B
$6.4B
Debt / Equity
AXL
AXL
EXAS
EXAS
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
AXL
AXL
EXAS
EXAS
Operating Cash FlowLast quarter
$120.5M
$151.7M
Free Cash FlowOCF − Capex
$54.7M
$120.4M
FCF MarginFCF / Revenue
4.0%
13.7%
Capex IntensityCapex / Revenue
4.8%
3.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$155.1M
$356.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXL
AXL
EXAS
EXAS
Q4 25
$120.5M
$151.7M
Q3 25
$143.3M
$219.9M
Q2 25
$91.9M
$89.0M
Q1 25
$55.9M
$30.8M
Q4 24
$151.2M
$47.1M
Q3 24
$143.6M
$138.7M
Q2 24
$142.8M
$107.1M
Q1 24
$17.8M
$-82.3M
Free Cash Flow
AXL
AXL
EXAS
EXAS
Q4 25
$54.7M
$120.4M
Q3 25
$79.2M
$190.0M
Q2 25
$34.6M
$46.7M
Q1 25
$-13.4M
$-365.0K
Q4 24
$73.2M
$10.7M
Q3 24
$70.4M
$112.6M
Q2 24
$94.0M
$71.2M
Q1 24
$-30.2M
$-120.0M
FCF Margin
AXL
AXL
EXAS
EXAS
Q4 25
4.0%
13.7%
Q3 25
5.3%
22.3%
Q2 25
2.3%
5.8%
Q1 25
-0.9%
-0.1%
Q4 24
5.3%
1.5%
Q3 24
4.7%
15.9%
Q2 24
5.8%
10.2%
Q1 24
-1.9%
-18.8%
Capex Intensity
AXL
AXL
EXAS
EXAS
Q4 25
4.8%
3.6%
Q3 25
4.3%
3.5%
Q2 25
3.7%
5.2%
Q1 25
4.9%
4.4%
Q4 24
5.6%
5.1%
Q3 24
4.9%
3.7%
Q2 24
3.0%
5.1%
Q1 24
3.0%
5.9%
Cash Conversion
AXL
AXL
EXAS
EXAS
Q4 25
Q3 25
15.58×
Q2 25
2.34×
Q1 25
7.87×
Q4 24
Q3 24
14.36×
Q2 24
7.85×
Q1 24
0.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AXL
AXL

Driveline$748.4M54%
Other$345.7M25%
Metal Forming$289.8M21%

EXAS
EXAS

Screening$695.1M79%
Precision Oncology$183.2M21%

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