Dauch Corp
NYSE:DCH
Dauch Corp
American Axle & Manufacturing Holdings, Inc. engages in the manufacture, engineering, design, and validation of driveline systems and related components. The company is headquartered in Detroit, Michigan and currently employs 19,000 full-time employees. The firm designs, engineers and manufactures driveline and metal forming technologies to support electric, hybrid and internal combustion vehicles. The firm's product categories include Driveline and Metal Forming. Its 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 for light trucks, sport utility vehicles (SUVs), crossover vehicles, passenger cars and commercial vehicles. The firm's Metal Forming products consist primarily of engine, transmission, driveline and safety-critical components for traditional internal combustion engine and electric vehicle architectures including light vehicles, commercial vehicles and off-highway vehicles, as well as products for industrial markets.
American Axle & Manufacturing Holdings, Inc. engages in the manufacture, engineering, design, and validation of driveline systems and related components. The company is headquartered in Detroit, Michigan and currently employs 19,000 full-time employees. The firm designs, engineers and manufactures driveline and metal forming technologies to support electric, hybrid and internal combustion vehicles. The firm's product categories include Driveline and Metal Forming. Its 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 for light trucks, sport utility vehicles (SUVs), crossover vehicles, passenger cars and commercial vehicles. The firm's Metal Forming products consist primarily of engine, transmission, driveline and safety-critical components for traditional internal combustion engine and electric vehicle architectures including light vehicles, commercial vehicles and off-highway vehicles, as well as products for industrial markets.
Solid Results: Dauch Corporation ended 2025 with strong momentum, delivering adjusted EBITDA and free cash flow growth despite flat sales and a volatile macro environment.
Transformational Acquisition: Completed the Dowlais Group acquisition in February 2026, creating a leading global driveline and metal forming supplier with $300 million in expected synergies.
2026 Guidance: Sales are expected between $10.3 billion and $10.7 billion, with adjusted EBITDA of $1.3 billion to $1.4 billion and free cash flow of $235 million to $325 million.
Margin Improvement: Adjusted EBITDA margins improved to 12.7% in 2025, with another year of margin growth expected in 2026.
Synergy Targets: $300 million in synergies targeted from the Dowlais deal, mostly realized by the end of year three, with potential for upside as plant integration progresses.
Cash Flow: After accounting for restructuring and integration costs, core operations are expected to generate positive cash flow in 2026.
Market Outlook: North American production assumed at 15 million units for 2026; Europe 17 million units; China 33 million units.
Awards & Contracts: Won new business with Scout Motors and received supplier awards from Cherry Automotive and GM.
