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AXTA

Axalta Coating Systems Ltd.

AXTA

Axalta Coating Systems Ltd. • NYSE
$30.13 ▲ 1.24% (+0.37)
Market Cap $6.54 B
52w High $40.78
52w Low $26.28
Dividend Yield 0%
P/E 14.42
Volume 1.37M
Outstanding Shares 217.12M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.288B ▼ $221M ▼ $110M ▲ 8.54% ▲ $0.51 ▲ $274M ▲
Q2-2025 $1.305B ▲ $264M ▲ $109M ▲ 8.352% ▲ $0.5 ▲ $262M ▲
Q1-2025 $1.262B ▼ $257M ▼ $99M ▼ 7.845% ▼ $0.45 ▼ $243M ▼
Q4-2024 $1.311B ▼ $260M ▼ $137M ▲ 10.45% ▲ $0.63 ▲ $259M ▼
Q3-2024 $1.32B $269M $101M 7.652% $0.46 $267M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $610M ▼ $7.76B ▼ $5.435B ▼ $2.279B ▲
Q2-2025 $628M ▲ $7.781B ▲ $5.47B ▲ $2.265B ▲
Q1-2025 $575M ▼ $7.411B ▲ $5.289B ▼ $2.076B ▲
Q4-2024 $593M ▲ $7.249B ▼ $5.293B ▼ $1.912B ▲
Q3-2024 $567M $7.5B $5.549B $1.905B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $110M $137M ▼ $-39M $-117M ▼ $-18M ▼ $87M ▼
Q2-2025 $110M ▲ $142M ▲ $-39M ▲ $-70M ▼ $50M ▲ $97M ▲
Q1-2025 $99M ▼ $26M ▼ $-44M ▲ $-8M ▲ $-18M ▼ $-17M ▼
Q4-2024 $137M ▲ $234M ▲ $-66M ▲ $-111M ▲ $25M ▲ $172M ▲
Q3-2024 $102M $194M $-338M $-138M $-272M $161M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Mobility Coatings
Mobility Coatings
 $470.00M ▲$440.00M ▼$470.00M ▲$460.00M ▼
Performance Coatings
Performance Coatings
 $840.00M ▲$820.00M ▼$840.00M ▲$830.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Axalta’s income statement shows a steady, multi‑year climb in sales and, more importantly, in profitability. Gross profit has grown faster than revenue, which suggests better pricing, mix, and cost control. Operating profit and EBITDA margins have clearly improved from earlier years, moving the business from “decent” to “solid” earnings quality. Net income and earnings per share have grown meaningfully since 2020, with only a softer patch around 2022 when costs and inflation weighed on results. Overall, the trend is of a company that has used scale, pricing, and efficiency to steadily strengthen its earnings power in a cyclical, industrial end market.

Balance Sheet

Balance Sheet The balance sheet looks stable and gradually healthier. Total assets have hovered in a fairly tight range, implying disciplined expansion rather than aggressive balance‑sheet growth. Debt remains sizable, but it has been edging down over time, while shareholders’ equity has been building up. That combination means leverage is still an important factor to watch but is moving in the right direction. Cash on hand is lower than the peak seen a few years ago but still provides a reasonable liquidity cushion. Overall, the company appears moderately leveraged but not stretched, with improving underlying balance‑sheet quality.

Cash Flow

Cash Flow Cash generation is a clear strength. Operating cash flow has been consistently solid across the period, with only one weaker year in the middle. Free cash flow has been healthy and relatively stable, indicating that the business converts a good share of its accounting profits into cash. Capital spending has been modest and predictable, more in line with steady upkeep and targeted projects than with heavy, disruptive investment cycles. This pattern supports ongoing debt reduction and strategic flexibility, though lighter investment also means the company must rely on focused, high‑impact projects rather than brute‑force capacity expansion for future growth.

Competitive Edge

Competitive Edge Axalta holds a strong niche position in global coatings, especially in automotive refinish and certain industrial applications. Its long history, technical expertise, and broad product portfolio give it credibility with demanding customers. A key competitive edge lies in deep relationships and approvals with major vehicle manufacturers, which are difficult and time‑consuming for rivals to replicate. Its global manufacturing and service footprint allows it to support customers worldwide and tailor solutions to local needs. However, the company still competes against very large, well‑resourced players like PPG and Sherwin‑Williams, so maintaining its edge requires continual innovation and service quality. The proposed merger with AkzoNobel, if completed, would materially change its scale and reach, but also introduces regulatory and integration risks that could affect this competitive position in the near to medium term.

Innovation and R&D

Innovation and R&D Innovation is a central part of Axalta’s strategy and a clear differentiator. The company focuses on coatings that improve customer productivity and lower energy use, such as fast‑curing, low‑temperature technologies for body shops and industrial lines. Its strong push into water‑based and low‑emission products aligns with tightening environmental rules and customer sustainability goals. Digital color‑matching tools and cloud platforms help refinish customers reduce errors and waste, while specialized offerings like NextJet digital paint application and high‑performance electrical and EV‑related coatings position Axalta in attractive growth pockets such as electric mobility. The company’s strategic plan aims to tie culture, operations, sustainability, and capital allocation together, so execution on these innovation programs will be a key driver of its long‑term differentiation.

Summary

Taken together, Axalta looks like a mature industrial business that has been steadily upgrading its financial profile while leaning hard into innovation and sustainability. Revenue growth has been steady rather than explosive, but margins and earnings have improved meaningfully, supported by good cash generation and gradual de‑leveraging. The competitive landscape is tough, yet Axalta’s technology, OEM relationships, and global footprint provide a solid platform, especially in refinish and selected industrial niches. Future outcomes will hinge on how well it executes its strategic plan, capitalizes on electric‑vehicle and sustainable‑coatings opportunities, and, if the AkzoNobel merger proceeds, manages a complex integration. The overall picture is of a company moving in a positive direction, but still exposed to industrial cycles, competition, and execution risks.

NEWS

November 25, 2025 · 7:07 AM UTC

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Axalta Coating Systems Ltd. (NYSE – AXTA), Green Dot Corporation (NYSE – GDOT), Blue Foundry Bancorp (Nasdaq – BLFY), Golden Entertainment, Inc (Nasdaq - GDEN)

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November 24, 2025 · 8:00 AM UTC

Axalta Wins 2025 R&D 100 Award for Groundbreaking Fast Cure, Low Energy Collision Repair Paint System

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November 20, 2025 · 11:23 AM UTC

Axalta Coating Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Axalta Coating Systems Ltd. - AXTA

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November 19, 2025 · 5:51 PM UTC

Artisan Partners Global Value Releases Statement on Axalta

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November 18, 2025 · 5:30 PM UTC

$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Axalta Coating Systems Ltd. (NYSE: AXTA)

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