Axalta Q3 net income rises 40% to $102 million on record sales of $1.32 billion
Axalta reported third-quarter 2024 net sales of $1.32 billion, up 0.8% from a year earlier, and net income of $102 million, up 40%. Diluted earnings per share rose 39% to $0.46, and the company also issued full-year 2024 outlook figures for shareholders to track.
Key points
- Net sales of $1.32 billion were up 0.8% year over year, a third-quarter company record; Adjusted EBITDA rose 12% to $291 million, with a 22.1% margin.
- Net income rose 40% to $102 million; diluted EPS was $0.46 versus $0.33, and Adjusted Diluted EPS was $0.59.
- Cash provided by operating activities was $194 million versus $210 million a year earlier, driven mainly by higher working capital; the company repurchased $50 million of common shares.
- Full-year 2024 outlook includes net sales of about $5,275 million, Adjusted Diluted EPS of $2.15 and Free Cash Flow of about $500 million.
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.