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Side-by-side financial comparison of AMERICAN AXLE & MANUFACTURING HOLDINGS INC (AXL) and Alliant Energy (LNT). 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× Alliant Energy). Alliant Energy runs the higher net margin — 13.4% vs -5.4%, a 18.8% gap on every dollar of revenue. On growth, Alliant Energy posted the faster year-over-year revenue change (9.0% vs 0.2%). Over the past eight quarters, Alliant Energy's revenue compounded faster (1.5% 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.

Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinoi...

AXL vs LNT — Head-to-Head

Bigger by revenue
AXL
AXL
1.3× larger
AXL
$1.4B
$1.1B
LNT
Growing faster (revenue YoY)
LNT
LNT
+8.8% gap
LNT
9.0%
0.2%
AXL
Higher net margin
LNT
LNT
18.8% more per $
LNT
13.4%
-5.4%
AXL
Faster 2-yr revenue CAGR
LNT
LNT
Annualised
LNT
1.5%
-7.2%
AXL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AXL
AXL
LNT
LNT
Revenue
$1.4B
$1.1B
Net Profit
$-75.3M
$142.0M
Gross Margin
10.2%
85.9%
Operating Margin
-2.4%
18.4%
Net Margin
-5.4%
13.4%
Revenue YoY
0.2%
9.0%
Net Profit YoY
-449.6%
-5.3%
EPS (diluted)
$-0.62
$0.54

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
LNT
LNT
Q4 25
$1.4B
$1.1B
Q3 25
$1.5B
$1.2B
Q2 25
$1.5B
$961.0M
Q1 25
$1.4B
$1.1B
Q4 24
$1.4B
$975.0M
Q3 24
$1.5B
$1.1B
Q2 24
$1.6B
$894.0M
Q1 24
$1.6B
$1.0B
Net Profit
AXL
AXL
LNT
LNT
Q4 25
$-75.3M
$142.0M
Q3 25
$9.2M
$281.0M
Q2 25
$39.3M
$174.0M
Q1 25
$7.1M
$213.0M
Q4 24
$-13.7M
$150.0M
Q3 24
$10.0M
$295.0M
Q2 24
$18.2M
$87.0M
Q1 24
$20.5M
$158.0M
Gross Margin
AXL
AXL
LNT
LNT
Q4 25
10.2%
85.9%
Q3 25
12.6%
86.3%
Q2 25
13.1%
84.3%
Q1 25
12.3%
86.0%
Q4 24
11.2%
84.7%
Q3 24
11.4%
84.7%
Q2 24
13.3%
83.6%
Q1 24
12.4%
85.3%
Operating Margin
AXL
AXL
LNT
LNT
Q4 25
-2.4%
18.4%
Q3 25
3.2%
28.8%
Q2 25
3.6%
23.2%
Q1 25
3.0%
22.8%
Q4 24
2.6%
22.7%
Q3 24
2.8%
29.0%
Q2 24
5.3%
14.5%
Q1 24
4.8%
21.5%
Net Margin
AXL
AXL
LNT
LNT
Q4 25
-5.4%
13.4%
Q3 25
0.6%
23.2%
Q2 25
2.6%
18.1%
Q1 25
0.5%
18.9%
Q4 24
-1.0%
15.4%
Q3 24
0.7%
27.3%
Q2 24
1.1%
9.7%
Q1 24
1.3%
15.3%
EPS (diluted)
AXL
AXL
LNT
LNT
Q4 25
$-0.62
$0.54
Q3 25
$0.07
$1.09
Q2 25
$0.32
$0.68
Q1 25
$0.06
$0.83
Q4 24
$-0.11
$0.58
Q3 24
$0.08
$1.15
Q2 24
$0.15
$0.34
Q1 24
$0.17
$0.62

Balance Sheet & Financial Strength

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

Metric
AXL
AXL
LNT
LNT
Cash + ST InvestmentsLiquidity on hand
$708.9M
$556.0M
Total DebtLower is stronger
$4.0B
Stockholders' EquityBook value
$640.0M
$7.3B
Total Assets
$6.7B
$25.0B
Debt / EquityLower = less leverage
6.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXL
AXL
LNT
LNT
Q4 25
$708.9M
$556.0M
Q3 25
$714.1M
$753.0M
Q2 25
$586.5M
$329.0M
Q1 25
$549.2M
$25.0M
Q4 24
$552.9M
$81.0M
Q3 24
$542.5M
$827.0M
Q2 24
$519.9M
$92.0M
Q1 24
$469.8M
$32.0M
Total Debt
AXL
AXL
LNT
LNT
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
LNT
LNT
Q4 25
$640.0M
$7.3B
Q3 25
$718.4M
$7.3B
Q2 25
$673.0M
$7.1B
Q1 25
$596.3M
$7.1B
Q4 24
$562.8M
$7.0B
Q3 24
$616.3M
$7.0B
Q2 24
$609.6M
$6.8B
Q1 24
$621.4M
$6.8B
Total Assets
AXL
AXL
LNT
LNT
Q4 25
$6.7B
$25.0B
Q3 25
$5.3B
$24.6B
Q2 25
$5.3B
$23.8B
Q1 25
$5.1B
$22.9B
Q4 24
$5.1B
$22.7B
Q3 24
$5.3B
$22.8B
Q2 24
$5.3B
$21.8B
Q1 24
$5.4B
$21.2B
Debt / Equity
AXL
AXL
LNT
LNT
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
LNT
LNT
Operating Cash FlowLast quarter
$120.5M
$269.0M
Free Cash FlowOCF − Capex
$54.7M
FCF MarginFCF / Revenue
4.0%
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
1.89×
TTM Free Cash FlowTrailing 4 quarters
$155.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXL
AXL
LNT
LNT
Q4 25
$120.5M
$269.0M
Q3 25
$143.3M
$408.0M
Q2 25
$91.9M
$243.0M
Q1 25
$55.9M
$249.0M
Q4 24
$151.2M
$254.0M
Q3 24
$143.6M
$351.0M
Q2 24
$142.8M
$255.0M
Q1 24
$17.8M
$307.0M
Free Cash Flow
AXL
AXL
LNT
LNT
Q4 25
$54.7M
Q3 25
$79.2M
$-103.0M
Q2 25
$34.6M
$-179.0M
Q1 25
$-13.4M
$-305.0M
Q4 24
$73.2M
Q3 24
$70.4M
$-59.0M
Q2 24
$94.0M
$-137.0M
Q1 24
$-30.2M
$-171.0M
FCF Margin
AXL
AXL
LNT
LNT
Q4 25
4.0%
Q3 25
5.3%
-8.5%
Q2 25
2.3%
-18.6%
Q1 25
-0.9%
-27.0%
Q4 24
5.3%
Q3 24
4.7%
-5.5%
Q2 24
5.8%
-15.3%
Q1 24
-1.9%
-16.6%
Capex Intensity
AXL
AXL
LNT
LNT
Q4 25
4.8%
Q3 25
4.3%
42.2%
Q2 25
3.7%
43.9%
Q1 25
4.9%
49.1%
Q4 24
5.6%
Q3 24
4.9%
37.9%
Q2 24
3.0%
43.8%
Q1 24
3.0%
46.4%
Cash Conversion
AXL
AXL
LNT
LNT
Q4 25
1.89×
Q3 25
15.58×
1.45×
Q2 25
2.34×
1.40×
Q1 25
7.87×
1.17×
Q4 24
1.69×
Q3 24
14.36×
1.19×
Q2 24
7.85×
2.93×
Q1 24
0.87×
1.94×

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%

LNT
LNT

Retail Residential$313.0M29%
Retail Industrial$251.0M24%
Retail Commercial$226.0M21%
Gas$158.0M15%
Other Customer$43.0M4%
Wholesale$36.0M3%
Other Utility$15.0M1%
Steam$9.0M1%

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