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Side-by-side financial comparison of AMERICAN AXLE & MANUFACTURING HOLDINGS INC (AXL) and SEABOARD CORP (SEB). Click either name above to swap in a different company.

SEABOARD CORP is the larger business by last-quarter revenue ($2.4B vs $1.4B, roughly 1.7× AMERICAN AXLE & MANUFACTURING HOLDINGS INC). SEABOARD CORP runs the higher net margin — 10.6% vs -5.4%, a 16.0% gap on every dollar of revenue. On growth, AMERICAN AXLE & MANUFACTURING HOLDINGS INC posted the faster year-over-year revenue change (0.2% vs -2.9%). AMERICAN AXLE & MANUFACTURING HOLDINGS INC produced more free cash flow last quarter ($54.7M vs $53.0M). Over the past eight quarters, SEABOARD CORP's revenue compounded faster (4.9% 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.

Seaboard Corporation is a diverse multinational agribusiness and transportation conglomerate with integrated operations in several industries. In the United States, the company mainly engages in pork production and processing and ocean transportation. Internationally, Seaboard is primarily engaged in commodity merchandising, grain processing, sugar production and electrical power generation. The parent company, Seaboard Corporation is based in the Kansas City suburb of Merriam, Kansas. Its su...

AXL vs SEB — Head-to-Head

Bigger by revenue
SEB
SEB
1.7× larger
SEB
$2.4B
$1.4B
AXL
Growing faster (revenue YoY)
AXL
AXL
+3.1% gap
AXL
0.2%
-2.9%
SEB
Higher net margin
SEB
SEB
16.0% more per $
SEB
10.6%
-5.4%
AXL
More free cash flow
AXL
AXL
$1.7M more FCF
AXL
$54.7M
$53.0M
SEB
Faster 2-yr revenue CAGR
SEB
SEB
Annualised
SEB
4.9%
-7.2%
AXL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AXL
AXL
SEB
SEB
Revenue
$1.4B
$2.4B
Net Profit
$-75.3M
$255.0M
Gross Margin
10.2%
7.9%
Operating Margin
-2.4%
2.7%
Net Margin
-5.4%
10.6%
Revenue YoY
0.2%
-2.9%
Net Profit YoY
-449.6%
63.5%
EPS (diluted)
$-0.62
$262.58

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
SEB
SEB
Q4 25
$1.4B
$2.4B
Q3 25
$1.5B
$2.5B
Q2 25
$1.5B
$2.5B
Q1 25
$1.4B
$2.3B
Q4 24
$1.4B
$2.5B
Q3 24
$1.5B
$2.2B
Q2 24
$1.6B
$2.2B
Q1 24
$1.6B
$2.2B
Net Profit
AXL
AXL
SEB
SEB
Q4 25
$-75.3M
$255.0M
Q3 25
$9.2M
$110.0M
Q2 25
$39.3M
$104.0M
Q1 25
$7.1M
$32.0M
Q4 24
$-13.7M
$156.0M
Q3 24
$10.0M
$-149.0M
Q2 24
$18.2M
$61.0M
Q1 24
$20.5M
$22.0M
Gross Margin
AXL
AXL
SEB
SEB
Q4 25
10.2%
7.9%
Q3 25
12.6%
7.8%
Q2 25
13.1%
6.5%
Q1 25
12.3%
6.1%
Q4 24
11.2%
9.0%
Q3 24
11.4%
6.2%
Q2 24
13.3%
5.8%
Q1 24
12.4%
4.0%
Operating Margin
AXL
AXL
SEB
SEB
Q4 25
-2.4%
2.7%
Q3 25
3.2%
3.3%
Q2 25
3.6%
2.1%
Q1 25
3.0%
1.6%
Q4 24
2.6%
4.6%
Q3 24
2.8%
1.4%
Q2 24
5.3%
1.4%
Q1 24
4.8%
-0.9%
Net Margin
AXL
AXL
SEB
SEB
Q4 25
-5.4%
10.6%
Q3 25
0.6%
4.3%
Q2 25
2.6%
4.2%
Q1 25
0.5%
1.4%
Q4 24
-1.0%
6.3%
Q3 24
0.7%
-6.7%
Q2 24
1.1%
2.8%
Q1 24
1.3%
1.0%
EPS (diluted)
AXL
AXL
SEB
SEB
Q4 25
$-0.62
$262.58
Q3 25
$0.07
$113.71
Q2 25
$0.32
$105.22
Q1 25
$0.06
$32.95
Q4 24
$-0.11
$158.58
Q3 24
$0.08
$-153.44
Q2 24
$0.15
$62.82
Q1 24
$0.17
$22.66

Balance Sheet & Financial Strength

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

Metric
AXL
AXL
SEB
SEB
Cash + ST InvestmentsLiquidity on hand
$708.9M
$1.2B
Total DebtLower is stronger
$4.0B
Stockholders' EquityBook value
$640.0M
$5.2B
Total Assets
$6.7B
$8.2B
Debt / EquityLower = less leverage
6.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXL
AXL
SEB
SEB
Q4 25
$708.9M
$1.2B
Q3 25
$714.1M
$1.2B
Q2 25
$586.5M
$1.1B
Q1 25
$549.2M
$1.1B
Q4 24
$552.9M
$1.2B
Q3 24
$542.5M
$1.2B
Q2 24
$519.9M
$1.2B
Q1 24
$469.8M
$1.2B
Total Debt
AXL
AXL
SEB
SEB
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
SEB
SEB
Q4 25
$640.0M
$5.2B
Q3 25
$718.4M
$5.0B
Q2 25
$673.0M
$4.8B
Q1 25
$596.3M
$4.7B
Q4 24
$562.8M
$4.7B
Q3 24
$616.3M
$4.5B
Q2 24
$609.6M
$4.7B
Q1 24
$621.4M
$4.6B
Total Assets
AXL
AXL
SEB
SEB
Q4 25
$6.7B
$8.2B
Q3 25
$5.3B
$8.0B
Q2 25
$5.3B
$7.9B
Q1 25
$5.1B
$7.6B
Q4 24
$5.1B
$7.7B
Q3 24
$5.3B
$7.5B
Q2 24
$5.3B
$7.7B
Q1 24
$5.4B
$7.6B
Debt / Equity
AXL
AXL
SEB
SEB
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
SEB
SEB
Operating Cash FlowLast quarter
$120.5M
$188.0M
Free Cash FlowOCF − Capex
$54.7M
$53.0M
FCF MarginFCF / Revenue
4.0%
2.2%
Capex IntensityCapex / Revenue
4.8%
5.6%
Cash ConversionOCF / Net Profit
0.74×
TTM Free Cash FlowTrailing 4 quarters
$155.1M
$6.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXL
AXL
SEB
SEB
Q4 25
$120.5M
$188.0M
Q3 25
$143.3M
$319.0M
Q2 25
$91.9M
$81.0M
Q1 25
$55.9M
$-20.0M
Q4 24
$151.2M
$300.0M
Q3 24
$143.6M
$194.0M
Q2 24
$142.8M
$6.0M
Q1 24
$17.8M
$19.0M
Free Cash Flow
AXL
AXL
SEB
SEB
Q4 25
$54.7M
$53.0M
Q3 25
$79.2M
$152.0M
Q2 25
$34.6M
$-70.0M
Q1 25
$-13.4M
$-129.0M
Q4 24
$73.2M
$162.0M
Q3 24
$70.4M
$58.0M
Q2 24
$94.0M
$-127.0M
Q1 24
$-30.2M
$-85.0M
FCF Margin
AXL
AXL
SEB
SEB
Q4 25
4.0%
2.2%
Q3 25
5.3%
6.0%
Q2 25
2.3%
-2.8%
Q1 25
-0.9%
-5.6%
Q4 24
5.3%
6.5%
Q3 24
4.7%
2.6%
Q2 24
5.8%
-5.7%
Q1 24
-1.9%
-3.9%
Capex Intensity
AXL
AXL
SEB
SEB
Q4 25
4.8%
5.6%
Q3 25
4.3%
6.6%
Q2 25
3.7%
6.1%
Q1 25
4.9%
4.7%
Q4 24
5.6%
5.6%
Q3 24
4.9%
6.1%
Q2 24
3.0%
6.0%
Q1 24
3.0%
4.7%
Cash Conversion
AXL
AXL
SEB
SEB
Q4 25
0.74×
Q3 25
15.58×
2.90×
Q2 25
2.34×
0.78×
Q1 25
7.87×
-0.63×
Q4 24
1.92×
Q3 24
14.36×
Q2 24
7.85×
0.10×
Q1 24
0.87×
0.86×

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%

SEB
SEB

Commodity Trading And Milling$1.3B52%
Pork Segment$469.0M19%
Marine$444.0M18%
Other$108.0M4%
Energy Service$56.0M2%
Product And Service Other Services$15.0M1%
Transportation$6.0M0%

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