Axalta Coating Systems Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	5,184	4,884	4,416	3,738	4,482	4,696	4,377	4,093	4,110	4,392	Upgrade
Revenue Growth (YoY)	6.14%	10.60%	18.16%	-16.61%	-4.55%	7.29%	6.95%	-0.42%	-6.41%	10.15%	Upgrade
Cost of Revenue	3,566	3,466	2,987	2,458	2,918	3,106	2,781	2,529	2,597	2,897	Upgrade
Gross Profit	1,619	1,419	1,429	1,280	1,564	1,590	1,597	1,564	1,513	1,494	Upgrade
Selling, General & Admin	840.1	772.4	738.7	695	822.1	876.4	934.7	959.8	914.8	991.5	Upgrade
Research & Development	74	66.4	62.4	55.2	70.2	73.1	65.3	57.7	51.6	49.5	Upgrade
Other Operating Expenses	116.9	156.8	165.4	224	183.8	198.1	232.8	141.3	80.7	83.8	Upgrade
Operating Expenses	1,031	995.6	966.5	974.2	1,076	1,148	1,233	1,159	1,047	1,125	Upgrade
Operating Income	587.5	423.2	462.4	305.5	488.2	442.1	363.7	405.1	465.6	369.5	Upgrade
Interest Expense / Income	213.3	139.8	134.2	149.9	162.6	159.6	147	178.2	196.5	217.7	Upgrade
Other Expense / Income	20.6	26.7	-11.8	33.8	-0.8	21.2	38.1	150	115.4	122.3	Upgrade
Pretax Income	353.6	256.7	340	121.8	326.4	261.3	178.6	76.9	153.7	29.5	Upgrade
Income Tax	86.2	65.1	76.1	0.2	77.4	54.2	141.9	38.1	62.1	2.1	Upgrade
Net Income	267.4	191.6	263.9	121.6	249	207.1	36.7	38.8	91.6	27.4	Upgrade
Net Income Growth	39.56%	-27.40%	117.02%	-51.16%	20.23%	464.31%	-5.41%	-57.64%	234.31%	-	Upgrade
Shares Outstanding (Basic)	220	221	228	235	235	239	240	238	234	229	Upgrade
Shares Outstanding (Diluted)	-	-	-	-	-	-	246	244	240	230	Upgrade
Shares Change	-0.24%	-3.39%	-3.03%	0.35%	-1.70%	-3.00%	0.70%	1.96%	4.08%	0.88%	Upgrade
EPS (Basic)	1.21	0.86	1.14	0.52	1.06	0.87	0.15	0.16	0.39	0.12	Upgrade
EPS (Diluted)	1.21	0.86	1.14	0.52	1.06	0.85	0.15	0.16	0.38	0.12	Upgrade
EPS Growth	40.70%	-24.56%	119.23%	-50.94%	24.71%	466.67%	-6.25%	-57.89%	216.67%	-	Upgrade
Free Cash Flow	437.7	146.6	474.8	427.4	460.6	352.7	415	423.1	271.7	63	Upgrade
Free Cash Flow Per Share	1.99	0.67	2.08	1.81	1.96	1.48	1.73	1.78	1.16	0.28	Upgrade
Gross Margin	31.22%	29.05%	32.36%	34.24%	34.90%	33.85%	36.47%	38.21%	36.81%	34.03%	Upgrade
Operating Margin	11.33%	8.66%	10.47%	8.17%	10.89%	9.41%	8.31%	9.90%	11.33%	8.41%	Upgrade
Profit Margin	5.16%	3.92%	5.98%	3.25%	5.56%	4.41%	0.84%	0.95%	2.23%	0.62%	Upgrade
Free Cash Flow Margin	8.44%	3.00%	10.75%	11.44%	10.28%	7.51%	9.48%	10.34%	6.61%	1.43%	Upgrade
Effective Tax Rate	24.38%	25.36%	22.38%	0.16%	23.71%	20.74%	79.45%	49.54%	40.40%	7.12%	Upgrade
EBITDA	842.5	699.6	790.7	592	842	790	673.1	577.2	657.9	555.9	Upgrade
EBITDA Margin	16.25%	14.32%	17.90%	15.84%	18.79%	16.82%	15.38%	14.10%	16.01%	12.66%	Upgrade
Depreciation & Amortization	275.6	303.1	316.5	320.3	353	369.1	347.5	322.1	307.7	308.7	Upgrade
EBIT	566.9	396.5	474.2	271.7	489	420.9	325.6	255.1	350.2	247.2	Upgrade
EBIT Margin	10.94%	8.12%	10.74%	7.27%	10.91%	8.96%	7.44%	6.23%	8.52%	5.63%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).