Axalta Coating Systems Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,117	5,276	5,184	4,884	4,416
Revenue Growth (YoY)	-3.01%	1.77%	6.14%	10.59%	18.16%
Cost of Revenue	3,355	3,478	3,566	3,466	2,987
Gross Profit	1,762	1,798	1,618	1,418	1,429
Selling, General & Admin	805	847	840	772	738.7
Depreciation & Amortization Expenses	98	92	88	125	121.4
Research & Development	71	74	74	66	62.4
Other Operating Expenses	53	79	28	32	44
Total Operating Expenses	1,027	1,092	1,030	995	966.5
Operating Income	735	706	588	423	462.4
Interest Expense	-176	-205	-213	-140	-134.2
Other Non-Operating Income (Expense)	-13	-5	-20	-26	12.3
Total Non-Operating Income (Expense)	-189	-210	-233	-166	-121.9
Pretax Income	546	496	355	257	340.5
Provision for Income Taxes	167	105	86	65	76.1
Net Income	378	391	267	192	263.9
Minority Interest in Earnings	1	-	2	-	0.5
Net Income to Common	378	391	267	192	263.9
Net Income Growth	-3.33%	46.44%	39.06%	-27.25%	117.02%
Shares Outstanding (Basic)	216	219	221	222	231
Shares Outstanding (Diluted)	217	220	222	222	232
Shares Change (YoY)	-1.54%	-0.68%	-0.18%	-4.14%	-1.74%
EPS (Basic)	1.75	1.78	1.21	0.86	1.14
EPS (Diluted)	1.74	1.78	1.21	0.86	1.14
EPS Growth	-2.25%	47.11%	40.70%	-24.56%	119.23%
Free Cash Flow	453	436	437	143	437
Free Cash Flow Growth	3.90%	-0.23%	205.59%	-67.28%	2.29%
Free Cash Flow Per Share	2.09	1.98	1.97	0.64	1.88
Gross Margin	34.43%	34.08%	31.21%	29.03%	32.36%
Operating Margin	14.36%	13.38%	11.34%	8.66%	10.47%
Profit Margin	7.41%	7.41%	5.19%	3.93%	5.99%
FCF Margin	8.85%	8.26%	8.43%	2.93%	9.90%
EBITDA	1,030	986	864	726	778.9
EBITDA Margin	20.13%	18.69%	16.67%	14.86%	17.64%
EBIT	735	706	588	423	462.4
EBIT Margin	14.36%	13.38%	11.34%	8.66%	10.47%
Effective Tax Rate	30.59%	21.17%	24.23%	25.29%	22.35%

Updated Feb 10, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q