vs
Side-by-side financial comparison of AMERICAN AXLE & MANUFACTURING HOLDINGS INC (AXL) and LCI INDUSTRIES (LCII). 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 $932.7M, roughly 1.5× LCI INDUSTRIES). LCI INDUSTRIES runs the higher net margin — 2.0% vs -5.4%, a 7.4% gap on every dollar of revenue. On growth, LCI INDUSTRIES posted the faster year-over-year revenue change (16.1% vs 0.2%). LCI INDUSTRIES produced more free cash flow last quarter ($64.3M vs $54.7M). Over the past eight quarters, LCI INDUSTRIES's revenue compounded faster (-1.8% 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.
Lucky Core Industries Limited, formerly known as ICI Pakistan, is a Pakistani conglomerate company headquartered in Karachi. It manufactures polyester, pharmaceutical, agrochemical, soda ash, and veterinary medicine.
AXL vs LCII — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $932.7M |
| Net Profit | $-75.3M | $18.7M |
| Gross Margin | 10.2% | 22.1% |
| Operating Margin | -2.4% | 3.8% |
| Net Margin | -5.4% | 2.0% |
| Revenue YoY | 0.2% | 16.1% |
| Net Profit YoY | -449.6% | 95.7% |
| EPS (diluted) | $-0.62 | $0.79 |
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 | $932.7M | ||
| Q3 25 | $1.5B | $1.0B | ||
| Q2 25 | $1.5B | $1.1B | ||
| Q1 25 | $1.4B | $1.0B | ||
| Q4 24 | $1.4B | $803.1M | ||
| Q3 24 | $1.5B | $915.5M | ||
| Q2 24 | $1.6B | $1.1B | ||
| Q1 24 | $1.6B | $968.0M |
| Q4 25 | $-75.3M | $18.7M | ||
| Q3 25 | $9.2M | $62.5M | ||
| Q2 25 | $39.3M | $57.6M | ||
| Q1 25 | $7.1M | $49.4M | ||
| Q4 24 | $-13.7M | $9.5M | ||
| Q3 24 | $10.0M | $35.6M | ||
| Q2 24 | $18.2M | $61.2M | ||
| Q1 24 | $20.5M | $36.5M |
| Q4 25 | 10.2% | 22.1% | ||
| Q3 25 | 12.6% | 24.4% | ||
| Q2 25 | 13.1% | 24.4% | ||
| Q1 25 | 12.3% | 24.1% | ||
| Q4 24 | 11.2% | 21.1% | ||
| Q3 24 | 11.4% | 24.0% | ||
| Q2 24 | 13.3% | 25.3% | ||
| Q1 24 | 12.4% | 23.1% |
| Q4 25 | -2.4% | 3.8% | ||
| Q3 25 | 3.2% | 7.3% | ||
| Q2 25 | 3.6% | 7.9% | ||
| Q1 25 | 3.0% | 7.8% | ||
| Q4 24 | 2.6% | 2.0% | ||
| Q3 24 | 2.8% | 5.9% | ||
| Q2 24 | 5.3% | 8.6% | ||
| Q1 24 | 4.8% | 6.0% |
| Q4 25 | -5.4% | 2.0% | ||
| Q3 25 | 0.6% | 6.0% | ||
| Q2 25 | 2.6% | 5.2% | ||
| Q1 25 | 0.5% | 4.7% | ||
| Q4 24 | -1.0% | 1.2% | ||
| Q3 24 | 0.7% | 3.9% | ||
| Q2 24 | 1.1% | 5.8% | ||
| Q1 24 | 1.3% | 3.8% |
| Q4 25 | $-0.62 | $0.79 | ||
| Q3 25 | $0.07 | $2.55 | ||
| Q2 25 | $0.32 | $2.29 | ||
| Q1 25 | $0.06 | $1.94 | ||
| Q4 24 | $-0.11 | $0.37 | ||
| Q3 24 | $0.08 | $1.39 | ||
| Q2 24 | $0.15 | $2.40 | ||
| Q1 24 | $0.17 | $1.44 |
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 | $222.6M |
| Total DebtLower is stronger | $4.0B | $945.2M |
| Stockholders' EquityBook value | $640.0M | $1.4B |
| Total Assets | $6.7B | $3.2B |
| Debt / EquityLower = less leverage | 6.31× | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $708.9M | $222.6M | ||
| Q3 25 | $714.1M | $199.7M | ||
| Q2 25 | $586.5M | $191.9M | ||
| Q1 25 | $549.2M | $231.2M | ||
| Q4 24 | $552.9M | $165.8M | ||
| Q3 24 | $542.5M | $161.2M | ||
| Q2 24 | $519.9M | $130.4M | ||
| Q1 24 | $469.8M | $22.6M |
| Q4 25 | $4.0B | $945.2M | ||
| Q3 25 | $2.6B | $947.8M | ||
| Q2 25 | $2.6B | $948.0M | ||
| Q1 25 | $2.6B | $938.3M | ||
| Q4 24 | $2.6B | $757.3M | ||
| Q3 24 | $2.6B | $822.5M | ||
| Q2 24 | $2.7B | $829.7M | ||
| Q1 24 | $2.7B | $855.3M |
| Q4 25 | $640.0M | $1.4B | ||
| Q3 25 | $718.4M | $1.4B | ||
| Q2 25 | $673.0M | $1.4B | ||
| Q1 25 | $596.3M | $1.4B | ||
| Q4 24 | $562.8M | $1.4B | ||
| Q3 24 | $616.3M | $1.4B | ||
| Q2 24 | $609.6M | $1.4B | ||
| Q1 24 | $621.4M | $1.4B |
| Q4 25 | $6.7B | $3.2B | ||
| Q3 25 | $5.3B | $3.2B | ||
| Q2 25 | $5.3B | $3.2B | ||
| Q1 25 | $5.1B | $3.1B | ||
| Q4 24 | $5.1B | $2.9B | ||
| Q3 24 | $5.3B | $3.0B | ||
| Q2 24 | $5.3B | $3.0B | ||
| Q1 24 | $5.4B | $3.0B |
| Q4 25 | 6.31× | 0.69× | ||
| Q3 25 | 3.61× | 0.70× | ||
| Q2 25 | 3.86× | 0.68× | ||
| Q1 25 | 4.38× | 0.69× | ||
| Q4 24 | 4.58× | 0.55× | ||
| Q3 24 | 4.28× | 0.58× | ||
| Q2 24 | 4.42× | 0.60× | ||
| Q1 24 | 4.40× | 0.63× |
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 | $78.9M |
| Free Cash FlowOCF − Capex | $54.7M | $64.3M |
| FCF MarginFCF / Revenue | 4.0% | 6.9% |
| Capex IntensityCapex / Revenue | 4.8% | 1.6% |
| Cash ConversionOCF / Net Profit | — | 4.22× |
| TTM Free Cash FlowTrailing 4 quarters | $155.1M | $278.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $120.5M | $78.9M | ||
| Q3 25 | $143.3M | $97.2M | ||
| Q2 25 | $91.9M | $112.2M | ||
| Q1 25 | $55.9M | $42.7M | ||
| Q4 24 | $151.2M | $106.6M | ||
| Q3 24 | $143.6M | $78.4M | ||
| Q2 24 | $142.8M | $192.9M | ||
| Q1 24 | $17.8M | $-7.7M |
| Q4 25 | $54.7M | $64.3M | ||
| Q3 25 | $79.2M | $80.9M | ||
| Q2 25 | $34.6M | $99.5M | ||
| Q1 25 | $-13.4M | $33.7M | ||
| Q4 24 | $73.2M | $95.7M | ||
| Q3 24 | $70.4M | $68.3M | ||
| Q2 24 | $94.0M | $180.2M | ||
| Q1 24 | $-30.2M | $-16.3M |
| Q4 25 | 4.0% | 6.9% | ||
| Q3 25 | 5.3% | 7.8% | ||
| Q2 25 | 2.3% | 9.0% | ||
| Q1 25 | -0.9% | 3.2% | ||
| Q4 24 | 5.3% | 11.9% | ||
| Q3 24 | 4.7% | 7.5% | ||
| Q2 24 | 5.8% | 17.1% | ||
| Q1 24 | -1.9% | -1.7% |
| Q4 25 | 4.8% | 1.6% | ||
| Q3 25 | 4.3% | 1.6% | ||
| Q2 25 | 3.7% | 1.2% | ||
| Q1 25 | 4.9% | 0.9% | ||
| Q4 24 | 5.6% | 1.4% | ||
| Q3 24 | 4.9% | 1.1% | ||
| Q2 24 | 3.0% | 1.2% | ||
| Q1 24 | 3.0% | 0.9% |
| Q4 25 | — | 4.22× | ||
| Q3 25 | 15.58× | 1.55× | ||
| Q2 25 | 2.34× | 1.95× | ||
| Q1 25 | 7.87× | 0.86× | ||
| Q4 24 | — | 11.17× | ||
| Q3 24 | 14.36× | 2.20× | ||
| Q2 24 | 7.85× | 3.15× | ||
| Q1 24 | 0.87× | -0.21× |
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% |
LCII
| Travel Trailer And Fifth Wheels | $378.4M | 41% |
| Chassis Chassis Partsand Slideout Mechanisms | $206.1M | 22% |
| Furnitureand Mattresses | $120.4M | 13% |
| Appliances | $69.9M | 7% |
| Other Products | $69.1M | 7% |
| Axlesand Suspension Solutions | $62.3M | 7% |
| Motorhomes | $34.2M | 4% |
