Axalta Q4 net income up 85% to $137 million; sets 2025 outlook
Axalta reported record fourth-quarter 2024 net sales of $1.3 billion, up 1%, and net income of $137 million, up 85% from a year earlier, helped by a $27 million deferred tax benefit. For the full year, net income rose to $391 million and Adjusted EBITDA reached $1,116 million, and the company gave 2025 guidance of $1,150 million to $1,175 million in Adjusted EBITDA and $2.50 to $2.60 in Adjusted Diluted EPS.
Key points
- Q4 2024 diluted EPS was $0.63 versus $0.33 a year earlier; Adjusted Diluted EPS was $0.60, up 30%
- Full-year 2024 net sales were $5.3 billion, up 2%, with net income of $391 million versus $269 million in 2023
- Full-year 2025 guidance: Adjusted EBITDA of $1,150 million to $1,175 million and Adjusted Diluted EPS of $2.50 to $2.60
- Q4 2024 free cash flow was $177 million, down from $254 million a year earlier, due to higher working capital and capital expenditures
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits 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 February 04, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.