Axalta Coating Systems Ltd.
Axalta Coating Systems Ltd.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 608 | 657 | 606 | 625 | 575 | 593 | 567 | 840 | 624 | 700 | 606 | 518 | |||||
Restricted Cash And Cash Equivalents At Carrying V… | 3 | 3 | 4 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 2 | 2 | |||||
Receivables Net Current | 1,261 | 1,229 | 1,353 | 1,348 | 1,282 | 1,248 | 1,298 | 1,268 | 1,242 | 1,260 | 1,301 | 1,271 | |||||
Assets Current | |||||||||||||||||
Assets Current | 2,827 | 2,815 | 2,991 | 2,987 | 2,821 | 2,723 | 2,838 | 3,014 | 2,760 | 2,821 | 2,786 | 2,690 | |||||
Inventory Net | 770 | 756 | 829 | 831 | 787 | 734 | 818 | 745 | 751 | 741 | 750 | 767 | |||||
Prepaid Expense And Other Assets Current | 185 | 170 | 199 | 180 | 174 | 145 | 151 | 158 | 140 | 117 | 127 | 132 | |||||
Property Plant And Equipment Net | 1,293 | 1,299 | 1,279 | 1,255 | 1,199 | 1,181 | 1,188 | 1,158 | 1,174 | 1,204 | 1,169 | 1,197 | |||||
Goodwill | 1,772 | 1,795 | 1,769 | 1,775 | 1,677 | 1,640 | 1,718 | 1,549 | 1,554 | 1,591 | 1,484 | 1,527 | |||||
Intangible Assets Net Excluding Goodwill | 1,114 | 1,147 | 1,141 | 1,167 | 1,146 | 1,149 | 1,207 | 1,061 | 1,087 | 1,130 | 1,037 | 1,077 | |||||
Other Assets Noncurrent | 552 | 543 | 580 | 597 | 568 | 556 | 549 | 524 | 514 | 526 | 520 | 553 | |||||
Assets | 7,558 | 7,599 | 7,760 | 7,781 | 7,411 | 7,249 | 7,500 | 7,306 | 7,089 | 7,272 | 6,996 | 7,043 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Accounts Payable Current | 723 | 637 | 691 | 764 | 732 | 659 | 708 | 715 | 721 | 725 | 710 | 702 | |||||
Debt Current | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 26 | 32 | 39 | |||||
Liabilities Current | |||||||||||||||||
Liabilities Current | 1,348 | 1,369 | 1,360 | 1,406 | 1,330 | 1,354 | 1,422 | 1,335 | 1,332 | 1,428 | 1,358 | 1,329 | |||||
Other Accrued Liabilities Current | 605 | 712 | 649 | 622 | 578 | 675 | 694 | 600 | 591 | 677 | 616 | 588 | |||||
Long Term Debt And Capital Lease Obligations | 3,127 | 3,179 | 3,382 | 3,395 | 3,398 | 3,401 | 3,505 | 3,588 | 3,407 | 3,478 | 3,511 | 3,529 | |||||
Pension And Other Postretirement Defined Benefit P… | 228 | 238 | 240 | 241 | 223 | 220 | 244 | 236 | 241 | 252 | 201 | 209 | |||||
Deferred Income Tax Liabilities Net | 175 | 171 | 164 | 163 | 153 | 151 | 163 | 152 | 155 | 162 | 145 | 155 | |||||
Other Liabilities Noncurrent | 213 | 249 | 289 | 265 | 185 | 167 | 215 | 177 | 179 | 179 | 132 | 131 | |||||
Liabilities | 5,091 | 5,206 | 5,435 | 5,470 | 5,289 | 5,293 | 5,549 | 5,488 | 5,314 | 5,499 | 5,347 | 5,354 | |||||
Common Stock Value | 256 | 255 | 255 | 255 | 255 | 255 | 254 | 254 | 254 | 254 | 254 | 254 | |||||
Additional Paid In Capital Common Stock | 1,621 | 1,621 | 1,615 | 1,610 | 1,602 | 1,599 | 1,590 | 1,584 | 1,575 | 1,568 | 1,561 | 1,558 | |||||
Retained Earnings Accumulated Deficit | 2,145 | 2,055 | 1,995 | 1,885 | 1,776 | 1,677 | 1,540 | 1,439 | 1,327 | 1,286 | 1,213 | 1,140 | |||||
Stockholders Equity | |||||||||||||||||
Stockholders Equity | 2,421 | 2,346 | 2,325 | 2,311 | 2,122 | 1,956 | 1,951 | 1,773 | 1,775 | 1,727 | 1,649 | 1,689 | |||||
Treasury Stock Common Value | -1,202 | -1,202 | -1,202 | -1,102 | -1,037 | -1,037 | -1,037 | -987 | -937 | -937 | -937 | -887 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -399 | -383 | -384 | -383 | -520 | -582 | -442 | -517 | -488 | -444 | -487 | -420 | |||||
Minority Interest | 46 | 47 | 46 | 46 | 46 | 44 | 46 | 45 | 44 | 46 | 45 | 45 | |||||
Liabilities And Stockholders Equity | 7,558 | 7,599 | 7,760 | 7,781 | 7,411 | 7,249 | 7,500 | 7,306 | 7,089 | 7,272 | 6,996 | 7,043 | |||||
Common Stock Par Or Stated Value Per Share | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Common Stock Shares Authorized | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |||||
Common Stock Shares Issued | 256 | 255 | 255 | 255 | 255 | 255 | 254 | 254 | 254 | 254 | 254 | 254 | |||||
Treasury Stock Common Shares | 42 | 42 | 42 | 38 | 36 | 36 | 36 | 35 | 34 | 34 | 34 | 32 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.74% | - | - | - | - | - | - | - | - | - | - | - |
| 2025 | -2.81% | -5.74% | -6.82% | 10.99% | 5.58% | -0.73% | 2.31% | 8.75% | 13.87% | -13.24% | -21.42% | -18.75% |
| 2024 | 2.75% | 1.14% | 1.61% | -2.73% | -1.56% | -1.39% | 5.74% | -10.23% | -5.32% | -6.73% | -20.61% | -11.46% |
| 2023 | -4.20% | 0.42% | 4.72% | -14.44% | -16.40% | -19.84% | 10.02% | 20.46% | 14.46% | 5.20% | 4.79% | 11.71% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.10 | 2.06 | 2.20 | 2.12 | 2.12 | 2.01 | 2.00 | 2.26 | 2.07 | 1.98 | 2.05 | 2.02 | |||||
| Quick Ratio | 1.39 | 1.38 | 1.44 | 1.41 | 1.40 | 1.36 | 1.31 | 1.58 | 1.40 | 1.37 | 1.41 | 1.35 | |||||
| Working Capital | 1.48B | 1.45B | 1.63B | 1.58B | 1.49B | 1.37B | 1.42B | 1.68B | 1.43B | 1.39B | 1.43B | 1.36B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 2.06 | 2.18 | 2.34 | 2.37 | 2.49 | 2.71 | 2.84 | 3.02 | 2.99 | 3.10 | 3.24 | 3.17 | |||||
| Interest Coverage TTM | - | - | - | - | - | 13.07 | 6.21 | 3.95 | 2.66 | 2.76 | 2.73 | 2.82 | |||||
| Debt Ratio | 0.67 | 0.69 | 0.70 | 0.70 | 0.71 | 0.73 | 0.74 | 0.75 | 0.75 | 0.76 | 0.76 | 0.76 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.68 | 0.69 | 0.68 | 0.69 | 0.72 | 0.73 | 0.73 | 0.73 | 0.74 | 0.72 | 0.74 | 0.72 | |||||
| Days Sales Outstanding TTM | 90.84 | 88.34 | 93.65 | 91.85 | 87.84 | 86.75 | 90.14 | 88.25 | 84.74 | 81.93 | 85.77 | 85.65 | |||||
| Receivables Turnover TTM | 4.02 | 4.13 | 3.90 | 3.97 | 4.16 | 4.21 | 4.05 | 4.14 | 4.31 | 4.45 | 4.26 | 4.26 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 1.72 | 1.74 | 2.10 | 2.04 | 2.05 | 1.77 | 1.49 | 1.35 | 1.12 | 1.20 | 1.07 | 1.03 | |||||
| Free Cash Flow Per Share TTM | 2.28 | 2.10 | 1.58 | 1.90 | 1.86 | 1.99 | 2.36 | 2.43 | 2.46 | 1.98 | 1.75 | 1.14 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 34.16% | 34.43% | 34.59% | 34.61% | 34.36% | 34.08% | 33.71% | 33.04% | 32.06% | 31.21% | 30.57% | 29.79% | |||||
| Operating Profit Margin TTM | 13.80% | 14.36% | 14.71% | 14.41% | 14.51% | 13.38% | 12.94% | 12.40% | 11.24% | 11.34% | 10.46% | 9.82% | |||||
| Net Profit Margin TTM | 7.24% | 7.39% | 8.79% | 8.56% | 8.56% | 7.41% | 6.21% | 5.69% | 4.76% | 5.15% | 4.65% | 4.52% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -2.57% | -3.01% | -1.82% | -1.01% | 0.96% | 1.77% | 2.70% | 3.91% | 4.00% | 6.13% | 7.08% | 9.03% | |||||
| Net Income Growth (1Y) | -17.59% | -3.32% | 38.84% | 48.83% | 81.78% | 46.44% | 37.22% | 30.80% | 16.67% | 38.92% | 17.50% | 9.69% | |||||
| EPS Growth (1Y) | -15.78% | -1.85% | 41.36% | 50.40% | 83.45% | 47.58% | 38.54% | 31.81% | 17.15% | 39.36% | 17.29% | 9.40% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 15.99 | 18.46 | 13.55 | 14.52 | 16.13 | 19.19 | 24.23 | 25.13 | 30.67 | 28.12 | 24.95 | 31.81 | |||||
| P/B | 2.40 | 2.92 | 2.65 | 2.80 | 3.41 | 3.84 | 4.06 | 4.13 | 4.27 | 4.23 | 3.61 | 4.30 | |||||
| P/S TTM | 1.16 | 1.36 | 1.19 | 1.24 | 1.38 | 1.42 | 1.51 | 1.43 | 1.46 | 1.45 | 1.16 | 1.44 | |||||
| Market Cap | 5.92B | 6.98B | 6.15B | 6.46B | 7.24B | 7.50B | 7.92B | 7.51B | 7.58B | 7.51B | 5.94B | 7.27B | |||||
| Enterprise Value | 5.33B | 6.34B | 5.57B | 5.86B | 6.69B | 6.93B | 7.37B | 6.69B | 6.97B | 6.83B | 5.37B | 6.79B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 488.00M | 453.00M | 339.00M | 413.00M | 407.00M | 436.00M | 517.00M | 535.00M | 543.00M | 437.00M | 386.20M | 251.60M | |||||
| Net Debt | 2.52B | 2.52B | 2.78B | 2.77B | 2.82B | 2.81B | 2.94B | 2.75B | 2.78B | 2.78B | 2.90B | 3.01B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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