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Side-by-side financial comparison of AMERICAN AXLE & MANUFACTURING HOLDINGS INC (AXL) and Molson Coors Beverage Company (TAP). Click either name above to swap in a different company.

Molson Coors Beverage Company is the larger business by last-quarter revenue ($2.7B vs $1.4B, roughly 2.0× AMERICAN AXLE & MANUFACTURING HOLDINGS INC). Molson Coors Beverage Company runs the higher net margin — 5.5% vs -5.4%, a 11.0% gap on every dollar of revenue. On growth, Molson Coors Beverage Company posted the faster year-over-year revenue change (2.0% vs 0.2%). AMERICAN AXLE & MANUFACTURING HOLDINGS INC produced more free cash flow last quarter ($54.7M vs $-212.9M). Over the past eight quarters, AMERICAN AXLE & MANUFACTURING HOLDINGS INC's revenue compounded faster (-7.2% CAGR vs -15.8%).

American Axle & Manufacturing, Inc. (AAM), headquartered in Detroit, Michigan, is an American manufacturer of automobile driveline and drivetrain components and systems.

Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company headquartered in Chicago, Illinois and Montreal, Quebec.

AXL vs TAP — Head-to-Head

Bigger by revenue
TAP
TAP
2.0× larger
TAP
$2.7B
$1.4B
AXL
Growing faster (revenue YoY)
TAP
TAP
+1.8% gap
TAP
2.0%
0.2%
AXL
Higher net margin
TAP
TAP
11.0% more per $
TAP
5.5%
-5.4%
AXL
More free cash flow
AXL
AXL
$267.6M more FCF
AXL
$54.7M
$-212.9M
TAP
Faster 2-yr revenue CAGR
AXL
AXL
Annualised
AXL
-7.2%
-15.8%
TAP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AXL
AXL
TAP
TAP
Revenue
$1.4B
$2.7B
Net Profit
$-75.3M
$150.1M
Gross Margin
10.2%
33.0%
Operating Margin
-2.4%
Net Margin
-5.4%
5.5%
Revenue YoY
0.2%
2.0%
Net Profit YoY
-449.6%
25.0%
EPS (diluted)
$-0.62
$0.80

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
TAP
TAP
Q1 26
$2.7B
Q4 25
$1.4B
$3.1B
Q3 25
$1.5B
$3.5B
Q2 25
$1.5B
$3.7B
Q1 25
$1.4B
$2.7B
Q4 24
$1.4B
$3.2B
Q3 24
$1.5B
$3.6B
Q2 24
$1.6B
$3.8B
Net Profit
AXL
AXL
TAP
TAP
Q1 26
$150.1M
Q4 25
$-75.3M
$238.3M
Q3 25
$9.2M
$-2.9B
Q2 25
$39.3M
$428.7M
Q1 25
$7.1M
$121.0M
Q4 24
$-13.7M
$287.8M
Q3 24
$10.0M
$199.8M
Q2 24
$18.2M
$427.0M
Gross Margin
AXL
AXL
TAP
TAP
Q1 26
33.0%
Q4 25
10.2%
31.0%
Q3 25
12.6%
33.7%
Q2 25
13.1%
34.3%
Q1 25
12.3%
31.6%
Q4 24
11.2%
32.0%
Q3 24
11.4%
33.4%
Q2 24
13.3%
34.6%
Operating Margin
AXL
AXL
TAP
TAP
Q1 26
Q4 25
-2.4%
10.4%
Q3 25
3.2%
-98.5%
Q2 25
3.6%
15.6%
Q1 25
3.0%
6.9%
Q4 24
2.6%
12.0%
Q3 24
2.8%
12.5%
Q2 24
5.3%
15.6%
Net Margin
AXL
AXL
TAP
TAP
Q1 26
5.5%
Q4 25
-5.4%
7.6%
Q3 25
0.6%
-84.0%
Q2 25
2.6%
11.5%
Q1 25
0.5%
4.5%
Q4 24
-1.0%
8.9%
Q3 24
0.7%
5.5%
Q2 24
1.1%
11.1%
EPS (diluted)
AXL
AXL
TAP
TAP
Q1 26
$0.80
Q4 25
$-0.62
$1.32
Q3 25
$0.07
$-14.79
Q2 25
$0.32
$2.13
Q1 25
$0.06
$0.59
Q4 24
$-0.11
$1.39
Q3 24
$0.08
$0.96
Q2 24
$0.15
$2.03

Balance Sheet & Financial Strength

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

Metric
AXL
AXL
TAP
TAP
Cash + ST InvestmentsLiquidity on hand
$708.9M
$382.6M
Total DebtLower is stronger
$4.0B
$3.8B
Stockholders' EquityBook value
$640.0M
$10.3B
Total Assets
$6.7B
$22.4B
Debt / EquityLower = less leverage
6.31×
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXL
AXL
TAP
TAP
Q1 26
$382.6M
Q4 25
$708.9M
$896.5M
Q3 25
$714.1M
$950.2M
Q2 25
$586.5M
$613.8M
Q1 25
$549.2M
$412.7M
Q4 24
$552.9M
$969.3M
Q3 24
$542.5M
$1.0B
Q2 24
$519.9M
$1.6B
Total Debt
AXL
AXL
TAP
TAP
Q1 26
$3.8B
Q4 25
$4.0B
$6.3B
Q3 25
$2.6B
$6.3B
Q2 25
$2.6B
$6.3B
Q1 25
$2.6B
$6.2B
Q4 24
$2.6B
$6.1B
Q3 24
$2.6B
$6.2B
Q2 24
$2.7B
$7.0B
Stockholders' Equity
AXL
AXL
TAP
TAP
Q1 26
$10.3B
Q4 25
$640.0M
$10.2B
Q3 25
$718.4M
$10.3B
Q2 25
$673.0M
$13.4B
Q1 25
$596.3M
$13.1B
Q4 24
$562.8M
$13.1B
Q3 24
$616.3M
$13.3B
Q2 24
$609.6M
$13.2B
Total Assets
AXL
AXL
TAP
TAP
Q1 26
$22.4B
Q4 25
$6.7B
$22.7B
Q3 25
$5.3B
$22.9B
Q2 25
$5.3B
$26.8B
Q1 25
$5.1B
$25.9B
Q4 24
$5.1B
$26.1B
Q3 24
$5.3B
$26.6B
Q2 24
$5.3B
$27.4B
Debt / Equity
AXL
AXL
TAP
TAP
Q1 26
0.38×
Q4 25
6.31×
0.61×
Q3 25
3.61×
0.61×
Q2 25
3.86×
0.47×
Q1 25
4.38×
0.47×
Q4 24
4.58×
0.47×
Q3 24
4.28×
0.47×
Q2 24
4.42×
0.53×

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
TAP
TAP
Operating Cash FlowLast quarter
$120.5M
Free Cash FlowOCF − Capex
$54.7M
$-212.9M
FCF MarginFCF / Revenue
4.0%
-7.8%
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$155.1M
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXL
AXL
TAP
TAP
Q1 26
Q4 25
$120.5M
$540.7M
Q3 25
$143.3M
$616.1M
Q2 25
$91.9M
$718.3M
Q1 25
$55.9M
$-90.7M
Q4 24
$151.2M
$494.5M
Q3 24
$143.6M
$521.2M
Q2 24
$142.8M
$869.2M
Free Cash Flow
AXL
AXL
TAP
TAP
Q1 26
$-212.9M
Q4 25
$54.7M
$357.8M
Q3 25
$79.2M
$483.0M
Q2 25
$34.6M
$555.0M
Q1 25
$-13.4M
$-328.0M
Q4 24
$73.2M
$383.4M
Q3 24
$70.4M
$350.4M
Q2 24
$94.0M
$691.7M
FCF Margin
AXL
AXL
TAP
TAP
Q1 26
-7.8%
Q4 25
4.0%
11.4%
Q3 25
5.3%
13.9%
Q2 25
2.3%
14.8%
Q1 25
-0.9%
-12.2%
Q4 24
5.3%
11.8%
Q3 24
4.7%
9.7%
Q2 24
5.8%
18.0%
Capex Intensity
AXL
AXL
TAP
TAP
Q1 26
Q4 25
4.8%
5.9%
Q3 25
4.3%
3.8%
Q2 25
3.7%
4.4%
Q1 25
4.9%
8.8%
Q4 24
5.6%
3.4%
Q3 24
4.9%
4.7%
Q2 24
3.0%
4.6%
Cash Conversion
AXL
AXL
TAP
TAP
Q1 26
Q4 25
2.27×
Q3 25
15.58×
Q2 25
2.34×
1.68×
Q1 25
7.87×
-0.75×
Q4 24
1.72×
Q3 24
14.36×
2.61×
Q2 24
7.85×
2.04×

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%

TAP
TAP

Segment breakdown not available.

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