Aam reports fourth quarter and full year 2022 financial results

Aam concludes 2022 with strong cash flow delivery detroit , feb. 17, 2023 /prnewswire/ -- american axle & manufacturing holdings, inc. (aam), (nyse: axl) today reported its financial results for the fourth quarter and full year 2022.  fourth quarter  2022 results sales of $1.39 billion net income attributable to aam of $13.9 million, or 1.0% of sales, which includes malvern fire recoveries, net adjusted ebitda of $157.7 million, or 11.3% of sales diluted earnings per share of $0.11; adjusted loss per share of $(0.07) net cash provided by operating activities of $148.5 million; adjusted free cash flow of $99.0 million full year 2022 results sales of $5.80 billion net income attributable to aam of $64.3 million, or 1.1% of sales adjusted ebitda of $747.3 million, or 12.9% of sales diluted earnings per share of $0.53; adjusted earnings per share of $0.60 net cash provided by operating activities of $448.9 million; adjusted free cash flow of $313.0 million "aam delivered strong cash flow performance in 2022 while navigating customer production schedule volatility and ongoing supply chain challenges," said aam's chairman and chief executive officer, david c.
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