Axalta (AXTA)

NYSE Materials Specialty Chemicals S&P MidCap 400

$36.45

+0.11 (+0.30%)

Close of Nov 06, 2026 · end-of-day data

Source: Axalta's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$4.07B	$4.38B	$4.70B	$4.48B	$3.74B	$4.42B	$4.88B	$5.18B	$5.28B	$5.12B
Cost of revenue	$2.53B	$2.78B	$3.11B	$2.92B	$2.46B	$2.99B	$3.47B	$3.57B	$3.48B	$3.35B
Gross profit	$1.54B	$1.60B	$1.59B	$1.56B	$1.28B	$1.43B	$1.42B	$1.62B	$1.80B	$1.76B
Research & development	$57.70M	$65.30M	$73.10M	$70.20M	$55.20M	$62.40M	$66.00M	$74.00M	$74.00M	$71.00M
Selling, general & admin	$959.80M	$934.70M	$876.40M	$822.10M	$695.00M	$738.70M	$772.00M	$840.00M	$847.00M	$805.00M
Operating income	$405.10M	$363.70M	$442.10M	$488.20M	$305.50M	$462.40M	$423.00M	$588.00M	$706.00M	$735.00M
Interest expense	$178.20M	$147.00M	$159.60M	$162.60M	$149.90M	$134.20M	$139.80M	$213.00M	$205.00M	$176.00M
Pre-tax income	$82.70M	$189.60M	$267.50M	$330.00M	$122.20M	$340.50M	$257.00M	$355.00M	$496.00M	$546.00M
Income tax	$38.10M	$141.90M	$54.20M	$77.40M	$200.00K	$76.10M	$65.00M	$86.00M	$105.00M	$167.00M
Net income	$38.80M	$36.70M	$207.10M	$249.00M	$121.60M	$263.90M	$192.00M	$267.00M	$391.00M	$378.00M
EBITDA	$727.20M	$711.20M	$811.20M	$841.20M	$625.80M	$778.90M	$726.10M	$863.60M	$986.00M	$1.03B
EPS (basic)	$0.16	$0.15	$0.87	$1.06	$0.52	$1.14	$0.86	$1.21	$1.78	$1.75
EPS (diluted)	$0.16	$0.15	$0.85	$1.06	$0.52	$1.14	$0.86	$1.21	$1.78	$1.74
Diluted shares	244.40M	246.10M	242.90M	235.80M	236.00M	231.90M	222.30M	221.90M	220.40M	217.00M
Gross margin	37.8%	36.5%	33.9%	34.9%	34.2%	32.4%	29.0%	31.2%	34.1%	34.4%
Operating margin	10.0%	8.3%	9.4%	10.9%	8.2%	10.5%	8.7%	11.3%	13.4%	14.4%
Net margin	1.0%	0.8%	4.4%	5.6%	3.3%	6.0%	3.9%	5.2%	7.4%	7.4%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$535.40M	$769.80M	$693.60M	$1.02B	$1.36B	$840.60M	$645.00M	$700.00M	$593.00M	$657.00M
Receivables	$640.40M	$748.20M	$739.90M	$718.40M	$738.30M	$760.40M	$909.30M	$1.04B	$1.01B	$1.01B
Inventory	$529.70M	$608.60M	$613.00M	$591.60M	$559.90M	$669.70M	$829.60M	$741.00M	$734.00M	$756.00M
Total current assets	$1.92B	$2.32B	$2.31B	$2.57B	$2.93B	$2.58B	$2.69B	$2.82B	$2.72B	$2.81B
Goodwill	$964.10M	$1.27B	$1.23B	$1.21B	$1.29B	$1.59B	$1.50B	$1.59B	$1.64B	$1.79B
Total assets	$5.87B	$6.83B	$6.68B	$6.82B	$7.16B	$7.22B	$7.06B	$7.27B	$7.25B	$7.60B
Total current liabilities	$942.10M	$1.08B	$1.04B	$1.07B	$1.18B	$1.33B	$1.38B	$1.43B	$1.35B	$1.37B
Short-term debt	$27.90M	$37.70M	$42.20M	$43.90M	$54.20M	$79.70M	$31.00M	$26.00M	$20.00M	$20.00M
Long-term debt	$3.30B	$3.95B	$3.89B	$3.88B	$3.84B	$3.86B	$3.67B	$3.48B	$3.40B	$3.18B
Total debt	$3.33B	$3.99B	$3.94B	$3.92B	$3.89B	$3.94B	$3.70B	$3.50B	$3.42B	$3.20B
Total liabilities	$4.62B	$5.42B	$5.37B	$5.41B	$5.68B	$5.68B	$5.56B	$5.50B	$5.29B	$5.21B
Shareholders' equity	$1.13B	$1.28B	$1.21B	$1.35B	$1.43B	$1.49B	$1.45B	$1.73B	$1.91B	$2.35B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$559.30M	$540.00M	$496.10M	$573.10M	$509.30M	$558.60M	$294.00M	$575.00M	$576.00M	$649.00M
Capital expenditures	$136.20M	$125.00M	$143.40M	$112.50M	$82.10M	$121.60M	$151.00M	$138.00M	$140.00M	$196.00M
Free cash flow	$423.10M	$415.00M	$352.70M	$460.60M	$427.20M	$437.00M	$143.00M	$437.00M	$436.00M	$453.00M
Investing cash flow	-$257.00M	-$689.60M	-$189.20M	-$93.90M	-$61.50M	-$716.00M	-$106.00M	-$206.00M	-$440.00M	-$212.00M
Financing cash flow	-$232.60M	$367.30M	-$368.20M	-$158.40M	-$130.90M	-$334.50M	-$369.00M	-$315.00M	-$201.00M	-$401.00M
Share buybacks	$0	$58.40M	$253.80M	$105.30M	$26.00M	$243.80M	$200.00M	$50.00M	$100.00M	$165.00M
Stock-based compensation	$41.10M	$38.50M	$37.30M	$15.70M	$15.10M	$14.90M	$22.00M	$26.00M	$28.00M	$25.00M
Depreciation & amortization	$322.10M	$347.50M	$369.10M	$353.00M	$320.30M	$316.50M	$303.10M	$275.60M	$280.00M	$295.00M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$1.30B	$1.29B	$1.35B	$1.32B	$1.31B	$1.26B	$1.30B	$1.29B	$1.26B	$1.25B	$1.35B	$1.31B
Cost of revenue	$874.00M	$865.00M	$891.00M	$858.00M	$864.00M	$829.00M	$848.00M	$838.00M	$840.00M	$838.00M	$881.00M	$877.00M
Gross profit	$423.00M	$429.00M	$460.00M	$462.00M	$447.00M	$433.00M	$457.00M	$450.00M	$422.00M	$416.00M	$465.00M	$434.00M
Research & development	$18.00M	$18.00M	$18.00M	$19.00M	$19.00M	$17.00M	$20.00M	$18.00M	$16.00M	$18.00M	$18.00M	$18.00M
Selling, general & admin	$215.00M	$207.00M	$213.00M	$211.00M	$216.00M	$202.00M	$208.00M	$197.00M	$198.00M	$200.00M	$213.00M	$201.00M
Operating income	$162.00M	$121.00M	$205.00M	$193.00M	$187.00M	$176.00M	$193.00M	$204.00M	$162.00M	$146.00M	$167.00M	$165.00M
Interest expense	$55.10M	$54.00M	$50.00M	$54.00M	$47.00M	$44.00M	$45.00M	$45.00M	$42.00M	$38.00M	$37.00M	$37.00M
Pre-tax income	$102.00M	$59.00M	$156.00M	$142.00M	$139.00M	$129.00M	$143.00M	$155.00M	$119.00M	$105.00M	$134.00M	$128.00M
Income tax	$28.00M	$20.00M	$43.00M	$40.00M	$2.00M	$30.00M	$33.00M	$45.00M	$59.00M	$14.00M	$45.00M	$33.00M
Net income	$73.00M	$41.00M	$112.00M	$101.00M	$137.00M	$99.00M	$109.00M	$110.00M	$60.00M	$90.00M	$89.00M	$95.00M
EBITDA	$230.70M	$189.00M	$273.00M	$264.00M	$260.00M	$246.00M	$267.00M	$278.00M	$239.00M	$222.00M	$243.00M	$246.00M
EPS (basic)	$0.33	$0.18	$0.51	$0.46	$0.63	$0.45	$0.50	$0.51	$0.28	$0.42	$0.42	$0.44
EPS (diluted)	$0.34	$0.18	$0.51	$0.46	$0.63	$0.45	$0.50	$0.51	$0.28	$0.42	$0.41	$0.44
Diluted shares	-200.00K	221.30M	220.90M	219.90M	-400.00K	219.40M	218.30M	215.90M	-900.00K	214.60M	214.70M	215.10M
Gross margin	32.6%	33.2%	34.0%	35.0%	34.1%	34.3%	35.0%	34.9%	33.4%	33.2%	34.5%	33.1%
Operating margin	12.5%	9.4%	15.2%	14.6%	14.3%	13.9%	14.8%	15.8%	12.8%	11.6%	12.4%	12.6%
Net margin	5.6%	3.2%	8.3%	7.7%	10.5%	7.8%	8.4%	8.5%	4.8%	7.2%	6.6%	7.2%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$700.00M	$624.00M	$840.00M	$567.00M	$593.00M	$575.00M	$625.00M	$606.00M	$657.00M	$608.00M	$633.00M	$650.00M
Receivables	$1.04B	$1.03B	$1.05B	$1.07B	$1.01B	$1.04B	$1.10B	$1.12B	$1.01B	$981.00M	$1.10B	$1.10B
Inventory	$741.00M	$751.00M	$745.00M	$818.00M	$734.00M	$787.00M	$831.00M	$829.00M	$756.00M	$770.00M	$806.00M	$849.00M
Total current assets	$2.82B	$2.76B	$3.01B	$2.84B	$2.72B	$2.82B	$2.99B	$2.99B	$2.81B	$2.83B	$2.99B	$3.06B
Goodwill	$1.59B	$1.55B	$1.55B	$1.72B	$1.64B	$1.68B	$1.77B	$1.77B	$1.79B	$1.77B	$1.77B	$1.76B
Total assets	$7.27B	$7.09B	$7.31B	$7.50B	$7.25B	$7.41B	$7.78B	$7.76B	$7.60B	$7.56B	$7.70B	$7.75B
Total current liabilities	$1.43B	$1.33B	$1.33B	$1.42B	$1.35B	$1.33B	$1.41B	$1.36B	$1.37B	$1.35B	$1.95B	$2.00B
Short-term debt	$26.00M	$20.00M	$20.00M	$20.00M	$20.00M	$20.00M	$20.00M	$20.00M	$20.00M	$20.00M	$519.00M	$519.00M
Long-term debt	$3.48B	$3.41B	$3.59B	$3.50B	$3.40B	$3.40B	$3.40B	$3.38B	$3.18B	$3.13B	$2.55B	$2.48B
Total debt	$3.50B	$3.43B	$3.61B	$3.52B	$3.42B	$3.42B	$3.42B	$3.40B	$3.20B	$3.15B	$3.07B	$3.00B
Total liabilities	$5.50B	$5.31B	$5.49B	$5.55B	$5.29B	$5.29B	$5.47B	$5.43B	$5.21B	$5.09B	$5.13B	$5.08B
Shareholders' equity	$1.73B	$1.73B	$1.77B	$1.91B	$1.91B	$2.08B	$2.27B	$2.28B	$2.35B	$2.42B	$2.52B	$2.62B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$286.00M	$34.00M	$114.00M	$194.00M	$234.00M	$26.00M	$142.00M	$137.00M	$344.00M	$68.00M	$152.00M	$135.00M
Capital expenditures	$33.00M	$22.00M	$23.00M	$33.00M	$62.00M	$43.00M	$45.00M	$50.00M	$58.00M	$50.00M	$48.00M	$46.00M
Free cash flow	$253.00M	$12.00M	$91.00M	$161.00M	$172.00M	-$17.00M	$97.00M	$87.00M	$286.00M	$18.00M	$104.00M	$89.00M
Investing cash flow	-$141.00M	-$19.00M	-$17.00M	-$338.00M	-$66.00M	-$44.00M	-$39.00M	-$39.00M	-$90.00M	-$53.00M	-$44.00M	-$41.00M
Financing cash flow	-$63.00M	-$82.00M	$130.00M	-$138.00M	-$111.00M	-$8.00M	-$70.00M	-$117.00M	-$206.00M	-$61.00M	-$82.00M	-$78.00M
Share buybacks	$0	—	—	$50.00M	$0	—	—	$100.00M	$0	—	—	$0
Stock-based compensation	$7.00M	$6.00M	$8.00M	$7.00M	$7.00M	$5.00M	$8.00M	$6.00M	$6.00M	$7.00M	$8.00M	$8.00M
Depreciation & amortization	$68.70M	$68.00M	$68.00M	$71.00M	$73.00M	$70.00M	$74.00M	$74.00M	$77.00M	$76.00M	$76.00M	$81.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.