Axalta Coating Systems Ltd. (AXTA)
NYSE: AXTA · Real-Time Price · USD
37.02
+0.33 (0.90%)
At close: Aug 28, 2026, 4:00 PM EDT
37.40
+0.38 (1.03%)
Pre-market: Aug 31, 2026, 7:30 AM EDT
Axalta Coating Systems Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Operating Revenue | 5,150 | 5,117 | 5,276 | 5,184 | 4,884 | 4,416 |
| 5,150 | 5,117 | 5,276 | 5,184 | 4,884 | 4,416 | |
Revenue Growth | -0.92% | -3.01% | 1.77% | 6.14% | 10.59% | 18.16% |
Cost of Revenue | 3,397 | 3,355 | 3,478 | 3,566 | 3,466 | 2,987 |
Gross Profit | 1,753 | 1,762 | 1,798 | 1,618 | 1,418 | 1,429 |
Selling, General & Admin | 822 | 817 | 856 | 849 | 771 | 738 |
Research & Development | 70 | 71 | 74 | 74 | 66 | 62.4 |
Amortization of Goodwill & Intangibles | 101 | 98 | 92 | 88 | 125 | 121.4 |
Other Operating Expenses | 2 | -2 | - | -15 | 3 | -5 |
Operating Expenses | 995 | 984 | 1,022 | 996 | 965 | 916.8 |
Operating Income | 758 | 778 | 776 | 622 | 453 | 512.1 |
Interest Expense | -178 | -193 | -221 | -223 | -160 | -151.1 |
Currency Exchange Gain (Loss) | 3 | 2 | 5 | -13 | 5 | 16.6 |
Other Non Operating Income (Expenses) | 25 | 15 | 20 | 22 | 3 | 3.8 |
EBT Excluding Unusual Items | 608 | 602 | 580 | 408 | 301 | 381.4 |
Merger & Restructuring Charges | -97 | -61 | -79 | -28 | -29 | -43.8 |
Gain (Loss) on Sale of Assets | 6 | 6 | - | - | - | - |
Asset Writedown | - | - | - | -15 | - | -0.8 |
Other Unusual Items | -4 | -1 | -5 | -10 | -15 | 3.7 |
Pretax Income | 513 | 546 | 496 | 355 | 257 | 340.5 |
Income Tax Expense | 163 | 167 | 105 | 86 | 65 | 76.1 |
Earnings From Continuing Operations | 350 | 379 | 391 | 269 | 192 | 264.4 |
Minority Interest in Earnings | -1 | -1 | - | -2 | - | -0.5 |
Net Income | 349 | 378 | 391 | 267 | 192 | 263.9 |
Net Income to Common | 349 | 378 | 391 | 267 | 192 | 263.9 |
Net Income Growth | -21.75% | -3.33% | 46.44% | 39.06% | -27.25% | 117.02% |
Shares Outstanding (Basic) | 214 | 216 | 219 | 221 | 222 | 231 |
Shares Outstanding (Diluted) | 215 | 217 | 220 | 222 | 222 | 232 |
Shares Change | -1.98% | -1.54% | -0.68% | -0.18% | -4.14% | -1.74% |
EPS (Basic) | 1.63 | 1.75 | 1.78 | 1.21 | 0.87 | 1.14 |
EPS (Diluted) | 1.63 | 1.74 | 1.78 | 1.21 | 0.86 | 1.14 |
EPS Growth | -20.24% | -2.25% | 47.33% | 40.48% | -24.56% | 120.50% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 495 | 453 | 436 | 437 | 143 | 437 |
Free Cash Flow Per Share | 2.30 | 2.09 | 1.98 | 1.97 | 0.64 | 1.88 |
Gross Margin | 34.04% | 34.43% | 34.08% | 31.21% | 29.03% | 32.36% |
Operating Margin | 14.72% | 15.20% | 14.71% | 12.00% | 9.28% | 11.60% |
Profit Margin | 6.78% | 7.39% | 7.41% | 5.15% | 3.93% | 5.98% |
Free Cash Flow Margin | 9.61% | 8.85% | 8.26% | 8.43% | 2.93% | 9.89% |
EBITDA | 991 | 1,003 | 997 | 834 | 697 | 828.6 |
EBITDA Margin | 19.24% | 19.60% | 18.90% | 16.09% | 14.27% | 18.76% |
D&A For EBITDA | 233 | 225 | 221 | 212 | 244 | 316.5 |
EBIT | 758 | 778 | 776 | 622 | 453 | 512.1 |
EBIT Margin | 14.72% | 15.20% | 14.71% | 12.00% | 9.28% | 11.60% |
Effective Tax Rate | 31.77% | 30.59% | 21.17% | 24.22% | 25.29% | 22.35% |