| American Axle & Manufacturing Holdings is a supplier to the automotive industry. Co. designs, engineers and manufactures driveline and metal forming products. Co.'s business is organized into Driveline and Metal Forming segments. Driveline products consist primarily of front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disconnecting driveline technology, and electric and hybrid driveline products and systems. Metal Forming products consist primarily of axle and transmission shafts, ring and pinion gears, differential gears and assemblies, connecting rods and variable valve timing products. We show 46 historical shares outstanding datapoints in our AXL shares outstanding history coverage, used to compute AXL market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AXL market cap history over the course of time is important for investors
interested in comparing AXL's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AXL versus a peer is one thing; comparing
AXL market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AXL can fluctuate over the course of history.
With this page we aim to empower investors researching AXL by allowing them to research the AXL market cap history.