Axalta Coating Systems Ltd.
AXTA- Exchange
- NYSE
- Industry
- Paints, Varnishes, Lacquers, Enamels & Allied Prods
- SEC CIK
- 0001616862
No open-market purchases or sales by Axalta Coating Systems Ltd. insiders were filed in the last 90 days; 362 institutions reported holding it in 13F filings for Q2 2026, worth $7.75B in total; Baupost Group is the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 30, 2026, 1:19 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 10, 2026 | Feb 4, 2025 | Feb 8, 2024 | Jan 25, 2023 | Jan 18, 2022 |
| Revenue | $5.12B | $5.28B | $5.18B | $4.88B | $4.42B |
| Cost of revenue | $3.35B | $3.48B | $3.57B | $3.47B | $2.99B |
| Research and development | $71.0M | $74.0M | $74.0M | $66.4M | $62.4M |
| Selling, general and administrative | $805.0M | $847.0M | $840.1M | $772.4M | $738.7M |
| Operating income | $735.0M | $706.0M | $587.5M | $423.2M | $462.4M |
| Interest expense | $176.0M | – | $213.3M | $139.8M | $134.2M |
| Income tax | $167.0M | $105.0M | $86.2M | $65.1M | $76.1M |
| Net income | $378.0M | $391.0M | $267.4M | $191.6M | $263.9M |
| EPS, basic | $1.75 | $1.78 | $1.21 | $0.86 | $1.14 |
| EPS, diluted | $1.74 | $1.78 | $1.21 | $0.86 | $1.14 |
| Weighted shares, basic | 216.0M | 219.3M | 221.0M | 221.7M | 231.0M |
| Weighted shares, diluted | 217.0M | 220.4M | 221.9M | 222.3M | 231.9M |
| Margins and growth | |||||
| Operating margin | 14.4% | 13.4% | 11.3% | 8.7% | 10.5% |
| Net margin | 7.4% | 7.4% | 5.2% | 3.9% | 6.0% |
| Revenue growth, year over year | −3.0% | +1.8% | +6.1% | +10.6% | +18.2% |
| Net income growth, year over year | −3.3% | +46.2% | +39.6% | −27.4% | +117.0% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 10, 2026 | Feb 4, 2025 | Feb 8, 2024 | Jan 25, 2023 | Jan 18, 2022 |
| Cash and equivalents | $657.0M | $593.0M | $699.8M | $645.2M | $840.6M |
| Accounts receivable | $1.01B | $1.01B | $1.04B | $909.3M | $760.4M |
| Inventory | $756.0M | $734.0M | $741.1M | $829.6M | $669.7M |
| Total current assets | $2.81B | $2.72B | $2.82B | $2.69B | $2.58B |
| Property, plant and equipment | $1.30B | $1.18B | $1.20B | $1.19B | – |
| Goodwill | $1.79B | $1.64B | $1.59B | $1.50B | $1.59B |
| Intangible assets | $1.15B | $1.15B | $1.13B | $1.11B | $1.28B |
| Total assets | $7.60B | $7.25B | $7.27B | $7.06B | $7.22B |
| Accounts payable | $637.0M | $659.0M | $724.9M | $733.5M | $657.4M |
| Short-term debt | $3.00M | $3.00M | $7.20M | $16.0M | $55.4M |
| Total current liabilities | $1.37B | $1.35B | $1.43B | $1.38B | $1.33B |
| Long-term debt | $3.18B | $3.40B | $3.48B | – | $3.86B |
| Total liabilities | $5.21B | $5.29B | $5.50B | $5.56B | $5.68B |
| Shareholders' equity | $2.39B | $1.96B | $1.77B | $1.50B | $1.54B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 10, 2026 | Feb 4, 2025 | Feb 8, 2024 | Jan 25, 2023 | Jan 18, 2022 |
| Operating cash flow | $649.0M | $576.0M | $575.3M | $293.8M | $558.6M |
| Capital expenditures | $196.0M | $140.0M | $137.9M | $150.9M | $121.6M |
| Free cash flow | $453.0M | $436.0M | $437.4M | $142.9M | $437.0M |
| Depreciation and amortization | $295.0M | $280.0M | $275.6M | $303.1M | $316.5M |
| Stock-based compensation | $25.0M | $28.0M | $26.2M | $22.2M | $14.9M |
| Share buybacks | $165.0M | $100.0M | $50.0M | $200.1M | $243.8M |
| Investing cash flow | -$212.0M | -$440.0M | -$205.7M | -$106.4M | -$716.0M |
| Financing cash flow | -$401.0M | -$201.0M | -$315.0M | -$368.9M | -$334.5M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.5% | 0.5% | 0.5% | 0.5% | 0.3% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 22, 2026 | 214.0M | +0.3% | SEC |
| Jul 22, 2026 | 214.0M | −1.2% | SEC |
| Apr 23, 2026 | 214.0M | −2.1% | SEC |
| Feb 6, 2026 | 213.4M | −2.2% | SEC |
| Oct 22, 2025 | 213.3M | −2.2% | SEC |
| Jul 23, 2025 | 216.6M | −1.2% | SEC |
| Apr 30, 2025 | 218.6M | −0.9% | SEC |
| Feb 6, 2025 | 218.1M | −0.9% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.