---
schema_version: "secwatch.filing_event.v1"
accession: "0001062231-24-000005"
form_type: "8-K"
ticker: "DCH"
cik: "0001062231"
company_name: "Dauch Corp"
filed_at: "2024-02-16T23:59:59+00:00"
generated_at: "2026-06-05T23:46:28.190512+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AAM Q4 2023 net loss $19.1M; full-year net loss $33.6M; 2024 sales guidance $6.05-$6.35B

## Summary
- Q4 2023 sales $1.46B, up from $1.39B YoY; net loss $(19.1)M vs net income $13.9M in Q4 2022.
- Full-year 2023 sales $6.08B, up from $5.80B; net loss $(33.6)M vs net income $64.3M in 2022.
- Adjusted EBITDA Q4 $169.5M (11.6% of sales) vs $157.7M (11.3%) YoY; full-year $693.3M (11.4%) vs $747.3M (12.9%).
- 2024 guidance: sales $6.05-$6.35B, Adj. EBITDA $685-$750M, Adj. free cash flow $200-$240M.
- New business backlog 2024-2026 ~$600M annual sales; electrification mix ~50% vs 40% prior backlog.

## SEC filing metadata
- accession: 0001062231-24-000005
- form_type: 8-K
- ticker: DCH
- cik: 0001062231
- company_name: Dauch Corp
- filed_at: 2024-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1062231/000106223124000005/0001062231-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1062231/000106223124000005/axl-20240216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062231-24-000005
- JSON: https://secwatch.observer/filing/0001062231-24-000005.json
- Plain text: https://secwatch.observer/filing/0001062231-24-000005.txt

## Key facts
- Earnings Releases
  Dauch Corp reported full year 2024 results: revenue $6.05 - $6.35 billion. Guidance reaffirmed.
  - Period: full year 2024
  - Revenue: $6.05 - $6.35 billion
  - Guidance: reaffirmed
  - Result: guidance update
  source text: AAM's full year 2024 financial targets are as follows: • AAM is targeting sales in the range of $6.05 - $6.35 billion. • AAM is targeting Adjusted EBITDA in the range of $685 - $750 million. • AAM is targeting Adjusted free cash flow in the range of $200 - $240 million; this target assumes capital spending of approximately 4.0% - 4.5% of sales.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1062231/000106223124000005/0001062231-24-000005-index.htm
- Earnings Releases
  Dauch Corp reported fourth quarter and full year 2023 results: revenue Sales of $1.46 billion, net income Net loss of $(19.1) million, EPS Diluted loss per share of $(0.16).
  - Period: fourth quarter and full year 2023
  - Revenue: Sales of $1.46 billion
  - Net income: Net loss of $(19.1) million
  - EPS: Diluted loss per share of $(0.16)
  - Result: reported results
  source text: AAM Reports Fourth Quarter and Full Year 2023 Financial Results AAM Delivers Sequential Margin Improvement DETROIT, February 16, 2024 -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the fourth quarter and full year 2023. Fourth Quarter 2023 Results • Sales of $1.46 billion • Net loss of $(19.1) million, or (1.3)% of sales • Adjusted EBITDA of $169.5 million, or 11.6% of sales • Diluted loss per share of $(0.16); Adjusted loss per share of $(0.09) • Net cash provided by operating activities of $52.9 million; Adjusted free cash flow of $4.5 million Full Year 2023 Results • Sales of $6.08 billion • Net loss of $(33.6) million, or (0.6)% of sales • Adjusted EBITDA of $693.3 million, or 11.4% of sales • Diluted loss per share of $(0.29); Adjusted loss per share of $(0.09) • Net cash provided by operating activities of $396.1 million; Adjusted free cash flow of $219.0 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1062231/000106223124000005/0001062231-24-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.