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Side-by-side financial comparison of Alset Inc. (AEI) and AMERICAN AXLE & MANUFACTURING HOLDINGS INC (AXL), based on the latest 10-Q / 10-K filings. 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 $1.3M, roughly 1060.6× Alset Inc.). AMERICAN AXLE & MANUFACTURING HOLDINGS INC runs the higher net margin — -2481.1% vs -5.4%, a 2475.6% gap on every dollar of revenue. On growth, AMERICAN AXLE & MANUFACTURING HOLDINGS INC posted the faster year-over-year revenue change (0.2% vs -85.4%). AMERICAN AXLE & MANUFACTURING HOLDINGS INC produced more free cash flow last quarter ($54.7M vs $-466.5K). Over the past eight quarters, AMERICAN AXLE & MANUFACTURING HOLDINGS INC's revenue compounded faster (-7.2% CAGR vs -53.7%).

Alset Global GmbH is an Austrian technology and engineering company based in Graz that specialises in hydrogen-based clean mobility products. Alset Global is known for developing a Hybrid Hydrogen internal combustion engine that can run on either pure petrol, pure hydrogen or a combination of both. This technology offers a sustainable and clean alternative to petrol-based internal combustion engines. The technology has been developed to create an alternative technology to meet new emission ta...

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

AEI vs AXL — Head-to-Head

Bigger by revenue
AXL
AXL
1060.6× larger
AXL
$1.4B
$1.3M
AEI
Growing faster (revenue YoY)
AXL
AXL
+85.6% gap
AXL
0.2%
-85.4%
AEI
Higher net margin
AXL
AXL
2475.6% more per $
AXL
-5.4%
-2481.1%
AEI
More free cash flow
AXL
AXL
$55.2M more FCF
AXL
$54.7M
$-466.5K
AEI
Faster 2-yr revenue CAGR
AXL
AXL
Annualised
AXL
-7.2%
-53.7%
AEI

Income Statement — Q4 2025 vs Q4 2025

Metric
AEI
AEI
AXL
AXL
Revenue
$1.3M
$1.4B
Net Profit
$-32.4M
$-75.3M
Gross Margin
35.2%
10.2%
Operating Margin
-451.0%
-2.4%
Net Margin
-2481.1%
-5.4%
Revenue YoY
-85.4%
0.2%
Net Profit YoY
-1491.5%
-449.6%
EPS (diluted)
$-0.78
$-0.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
AEI
AEI
AXL
AXL
Q4 25
$1.3M
$1.4B
Q3 25
$998.8K
$1.5B
Q2 25
$1.1M
$1.5B
Q1 25
$1.1M
$1.4B
Q4 24
$8.9M
$1.4B
Q3 24
$5.0M
$1.5B
Q2 24
$1.1M
$1.6B
Q1 24
$6.1M
$1.6B
Net Profit
AEI
AEI
AXL
AXL
Q4 25
$-32.4M
$-75.3M
Q3 25
$1.5M
$9.2M
Q2 25
$-8.2M
$39.3M
Q1 25
$-8.3M
$7.1M
Q4 24
$2.3M
$-13.7M
Q3 24
$1.7M
$10.0M
Q2 24
$-1.2M
$18.2M
Q1 24
$-6.8M
$20.5M
Gross Margin
AEI
AEI
AXL
AXL
Q4 25
35.2%
10.2%
Q3 25
24.3%
12.6%
Q2 25
23.3%
13.1%
Q1 25
27.2%
12.3%
Q4 24
51.4%
11.2%
Q3 24
40.5%
11.4%
Q2 24
26.4%
13.3%
Q1 24
23.5%
12.4%
Operating Margin
AEI
AEI
AXL
AXL
Q4 25
-451.0%
-2.4%
Q3 25
-258.2%
3.2%
Q2 25
-250.7%
3.6%
Q1 25
-368.1%
3.0%
Q4 24
21.5%
2.6%
Q3 24
-19.4%
2.8%
Q2 24
-249.3%
5.3%
Q1 24
-37.2%
4.8%
Net Margin
AEI
AEI
AXL
AXL
Q4 25
-2481.1%
-5.4%
Q3 25
151.4%
0.6%
Q2 25
-748.1%
2.6%
Q1 25
-780.1%
0.5%
Q4 24
26.0%
-1.0%
Q3 24
34.6%
0.7%
Q2 24
-109.9%
1.1%
Q1 24
-111.2%
1.3%
EPS (diluted)
AEI
AEI
AXL
AXL
Q4 25
$-0.78
$-0.62
Q3 25
$0.05
$0.07
Q2 25
$-0.71
$0.32
Q1 25
$-0.78
$0.06
Q4 24
$0.24
$-0.11
Q3 24
$0.19
$0.08
Q2 24
$-0.13
$0.15
Q1 24
$-0.73
$0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
AEI
AEI
AXL
AXL
Cash + ST InvestmentsLiquidity on hand
$25.2M
$708.9M
Total DebtLower is stronger
$4.0B
Stockholders' EquityBook value
$121.1M
$640.0M
Total Assets
$136.6M
$6.7B
Debt / EquityLower = less leverage
6.31×

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
AEI
AEI
AXL
AXL
Q4 25
$25.2M
$708.9M
Q3 25
$25.5M
$714.1M
Q2 25
$25.6M
$586.5M
Q1 25
$25.2M
$549.2M
Q4 24
$27.2M
$552.9M
Q3 24
$16.7M
$542.5M
Q2 24
$18.9M
$519.9M
Q1 24
$23.7M
$469.8M
Total Debt
AEI
AEI
AXL
AXL
Q4 25
$4.0B
Q3 25
$2.6B
Q2 25
$2.6B
Q1 25
$116.5K
$2.6B
Q4 24
$123.1K
$2.6B
Q3 24
$137.9K
$2.6B
Q2 24
$137.8K
$2.7B
Q1 24
$145.8K
$2.7B
Stockholders' Equity
AEI
AEI
AXL
AXL
Q4 25
$121.1M
$640.0M
Q3 25
$155.7M
$718.4M
Q2 25
$72.8M
$673.0M
Q1 25
$76.4M
$596.3M
Q4 24
$81.3M
$562.8M
Q3 24
$84.2M
$616.3M
Q2 24
$79.4M
$609.6M
Q1 24
$81.7M
$621.4M
Total Assets
AEI
AEI
AXL
AXL
Q4 25
$136.6M
$6.7B
Q3 25
$169.1M
$5.3B
Q2 25
$86.0M
$5.3B
Q1 25
$90.5M
$5.1B
Q4 24
$96.8M
$5.1B
Q3 24
$98.8M
$5.3B
Q2 24
$93.5M
$5.3B
Q1 24
$96.7M
$5.4B
Debt / Equity
AEI
AEI
AXL
AXL
Q4 25
6.31×
Q3 25
3.61×
Q2 25
3.86×
Q1 25
0.00×
4.38×
Q4 24
0.00×
4.58×
Q3 24
0.00×
4.28×
Q2 24
0.00×
4.42×
Q1 24
0.00×
4.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
AEI
AEI
AXL
AXL
Operating Cash FlowLast quarter
$-436.1K
$120.5M
Free Cash FlowOCF − Capex
$-466.5K
$54.7M
FCF MarginFCF / Revenue
-35.8%
4.0%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
2.3%
4.8%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
TTM Free Cash FlowTrailing 4 quarters
$-6.2M
$155.1M

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
AEI
AEI
AXL
AXL
Q4 25
$-436.1K
$120.5M
Q3 25
$883.4K
$143.3M
Q2 25
$-2.6M
$91.9M
Q1 25
$-3.8M
$55.9M
Q4 24
$13.9M
$151.2M
Q3 24
$-2.9M
$143.6M
Q2 24
$-4.4M
$142.8M
Q1 24
$-1.5M
$17.8M
Free Cash Flow
AEI
AEI
AXL
AXL
Q4 25
$-466.5K
$54.7M
Q3 25
$822.4K
$79.2M
Q2 25
$-2.7M
$34.6M
Q1 25
$-3.8M
$-13.4M
Q4 24
$13.9M
$73.2M
Q3 24
$-2.9M
$70.4M
Q2 24
$-4.4M
$94.0M
Q1 24
$-1.5M
$-30.2M
FCF Margin
AEI
AEI
AXL
AXL
Q4 25
-35.8%
4.0%
Q3 25
82.3%
5.3%
Q2 25
-245.9%
2.3%
Q1 25
-357.3%
-0.9%
Q4 24
155.1%
5.3%
Q3 24
-58.2%
4.7%
Q2 24
-392.3%
5.8%
Q1 24
-24.8%
-1.9%
Capex Intensity
AEI
AEI
AXL
AXL
Q4 25
2.3%
4.8%
Q3 25
6.1%
4.3%
Q2 25
7.6%
3.7%
Q1 25
5.7%
4.9%
Q4 24
0.4%
5.6%
Q3 24
0.6%
4.9%
Q2 24
3.0%
3.0%
Q1 24
0.0%
3.0%
Cash Conversion
AEI
AEI
AXL
AXL
Q4 25
Q3 25
0.58×
15.58×
Q2 25
2.34×
Q1 25
7.87×
Q4 24
5.98×
Q3 24
-1.66×
14.36×
Q2 24
7.85×
Q1 24
0.87×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

AEI
AEI

Segment breakdown not available.

AXL
AXL

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

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