Axalta Coating Systems financials
$32.64−0.12%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.12B | $5.28B | $5.18B | $4.88B | $4.42B | $3.74B | $4.48B | $4.70B | $4.38B | $4.09B |
| Gross profit | $1.76B | $1.80B | $1.62B | $1.42B | $1.43B | $1.28B | $1.56B | $1.59B | $1.60B | $1.56B |
| Gross margin | 34.4% | 34.1% | 31.2% | 29.0% | 32.4% | 34.2% | 34.9% | 33.9% | 36.5% | 38.2% |
| Operating income | $788.0M | $785.0M | $616.0M | $423.0M | $462.4M | $305.5M | $488.2M | $442.1M | $363.7M | $405.1M |
| Net income | $378.0M | $391.0M | $267.0M | $192.0M | $263.9M | $121.6M | $249.0M | $207.1M | $36.7M | $38.8M |
| Net margin | 7.4% | 7.4% | 5.2% | 3.9% | 6.0% | 3.3% | 5.6% | 4.4% | 0.8% | 0.9% |
| Diluted EPS | $1.74 | $1.78 | $1.21 | $0.86 | $1.14 | $0.52 | $1.06 | $0.85 | $0.15 | $0.16 |
| EBITDA | $1.08B | $1.06B | $892.0M | $726.0M | $778.9M | $625.8M | $911.9M | $893.9M | $711.2M | $785.1M |
| Operating cash flow | $649.0M | $576.0M | $575.0M | $294.0M | $558.6M | $509.3M | $573.1M | $496.1M | $540.0M | $559.3M |
| Free cash flow | $453.0M | $436.0M | $437.0M | $143.0M | $437.0M | $427.2M | $460.6M | $352.7M | $415.0M | $423.1M |
| Diluted shares | 217.0M | 220.4M | 221.9M | 222.3M | 231.9M | 236.0M | 235.8M | 242.9M | 246.1M | 244.4M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $657.0M | $593.0M | $700.0M | $645.2M | $840.6M | $1.36B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $3.20B | $3.42B | $3.50B | $3.70B | $3.83B | $3.89B |
| Total assets | $7.60B | $7.25B | $7.27B | $7.06B | $7.22B | $7.16B |
| Total liabilities | $5.21B | $5.29B | $5.50B | $5.56B | $5.68B | $5.68B |
| Shareholders' equity | $2.39B | $1.96B | $1.77B | $1.50B | $1.54B | $1.48B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology