AXTA
Axalta Coating Systems Ltd
NYSE: AXTA · BASIC MATERIALS · SPECIALTY CHEMICALS
$28.21
-1.23% today
Updated 2026-04-29
Market cap
$6.04B
P/E ratio
16.21
P/S ratio
1.18x
EPS (TTM)
$1.74
Dividend yield
—
52W range
$25 – $36
Volume
2.6M
Axalta Coating Systems Ltd (AXTA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.32B | $4.26B | $3.99B | $4.39B | $4.11B | $4.09B | $4.38B | $4.70B | $4.48B | $3.74B | $4.42B | $4.88B | $5.18B | $5.28B | $5.12B |
| Revenue growth (YoY) | — | -1.4% | -6.3% | +10.2% | -6.4% | -0.4% | +6.9% | +7.3% | -4.6% | -16.6% | +18.2% | +10.6% | +6.1% | +1.8% | -3.0% |
| Cost of revenue | $3.07B | $2.93B | $2.77B | $2.90B | $2.60B | $2.53B | $2.78B | $3.11B | $2.92B | $2.46B | $2.99B | $3.47B | $3.56B | $3.48B | $3.45B |
| Gross profit | $1.24B | $1.32B | $1.21B | $1.49B | $1.51B | $1.56B | $1.60B | $1.59B | $1.56B | $1.28B | $1.43B | $1.42B | $5.18B | $1.80B | $1.66B |
| Gross margin | 28.8% | 31.1% | 30.5% | 34.0% | 36.8% | 38.2% | 36.5% | 33.9% | 34.9% | 34.2% | 32.4% | 29.0% | 100.0% | 34.1% | 32.5% |
| R&D | $49.60M | $41.50M | $40.50M | $49.50M | $51.60M | $57.70M | $65.30M | $73.10M | $70.20M | $55.20M | $62.40M | $66.00M | $74.00M | $74.00M | $71.00M |
| SG&A | $869.10M | $873.40M | $1.04B | $991.50M | $914.80M | $962.50M | $997.70M | $959.10M | $822.10M | $695.00M | $738.70M | $772.40M | $826.00M | $847.00M | $805.00M |
| Operating income | $322.60M | $409.30M | $24.90M | $369.50M | $465.60M | $405.10M | $363.70M | $442.10M | $488.20M | $305.50M | $462.40M | $423.00M | $587.50M | $706.00M | $735.00M |
| Operating margin | 7.5% | 9.6% | 0.6% | 8.4% | 11.3% | 9.9% | 8.3% | 9.4% | 10.9% | 8.2% | 10.5% | 8.7% | 11.3% | 13.4% | 14.4% |
| EBITDA | $411.10M | $520.00M | $252.10M | $563.20M | $662.10M | $583.00M | $684.10M | $796.20M | $845.60M | $592.40M | $791.20M | $700.00M | $587.50M | $981.00M | $1.03B |
| EBITDA margin | 9.5% | 12.2% | 6.3% | 12.8% | 16.1% | 14.2% | 15.6% | 17.0% | 18.9% | 15.8% | 17.9% | 14.3% | 11.3% | 18.6% | 20.1% |
| EBIT | $302.40M | $409.30M | $-48.60M | $254.50M | $354.40M | $260.90M | $336.60M | $427.10M | $492.60M | $272.10M | $474.70M | $397.00M | $587.50M | $701.00M | $735.00M |
| Interest expense | $200000.00 | $0.00 | $215.10M | $217.70M | $196.50M | $178.20M | $147.00M | $159.60M | $162.60M | $149.90M | $134.20M | $140.00M | $213.30M | $205.00M | $176.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $179.40M | $243.30M | $-224.90M | $27.40M | $91.60M | $38.80M | $36.70M | $207.10M | $249.00M | $121.60M | $263.90M | $192.00M | $267.40M | $391.00M | $378.00M |
| Net income growth (YoY) | — | +35.6% | -192.4% | +112.2% | +234.3% | -57.6% | -5.4% | +464.3% | +20.2% | -51.2% | +117.0% | -27.2% | +39.3% | +46.2% | -3.3% |
| Profit margin | 4.2% | 5.7% | -5.6% | 0.6% | 2.2% | 0.9% | 0.8% | 4.4% | 5.6% | 3.3% | 6.0% | 3.9% | 5.2% | 7.4% | 7.4% |