Saturday 17 October 2026 Export AXTA’s income statement to Excel — free account

Axalta Coating Systems Ltd.

AXTA Basic Materials Specialty Chemicals

Axalta Coating Systems Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $5.1 billion, down 3.01% from fiscal 2024. In the quarter to June 2026, revenue grew 3.14%, EPS fell 16.0%, free cash flow grew 7.22% and total debt fell 10.2%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.

33.44 0.29 −0.86%

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Market cap: $7.2B
P/E: 20.5×
Fwd P/E: 13.6×
Dividend yield: —
F-score: 7/9
Altman Z: 2.40
Beneish M: −2.63
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.48%

Capital & Financial Ratios $m

Market Cap 7,220.00

Revenue 5,150.00

Net Income 350.00

Free Cash Flow 495.00

Net Debt 2,432.00

Current Ratio 1.53

Debt/Equity 1.19

P/E ratio 20.52

Fwd P/E 13.60

P/S ratio 1.39

P/B ratio 2.79

Past 5Y EPS Growth 27.32%

This Y EPS Growth 5.61%

Next Y EPS Growth 8.32%

Next Y revenue growth 2.38%

Next 5Y EPS Growth 7.59%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 18.10%

10-year low 10-year high

P/S against its own 10 years 38.15%

10-year low 10-year high

P/B against its own 10 years 6.56%

10-year low 10-year high

EV/Sales against its own 10 years 17.91%

10-year low 10-year high

EV/FCF against its own 10 years 11.65%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2027	Powerpack
2026	Powerpack
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	703	596	660	636
Receivables	1,260	1,248	1,229	1,345
Inventory	741	734	756	806
Other	—	—	—	—
	2,821	2,723	2,815	2,990

	2023	2024	2025	Q'26
Payables	725	659	637	769
ST’ Debt	26	20	20	519
Other	—	—	—	—
	1,428	1,354	1,369	1,950

Compound Annual Growth %

	10y	5y	3y
Sales	2.22%	6.48%	1.57%
Cash Flow	4.70%	4.97%	30.21%
Earnings	15.23%	25.46%	25.33%
Book Value	7.69%	10.09%	16.86%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,254	1,346	—	—	—
’25	1,262	1,305	1,288	1,262	5,117
’24	1,294	1,351	1,320	1,311	5,276
’23	1,284	1,294	1,309	1,297	5,184
’22	1,174	1,235	1,239	1,236	4,884
’21	1,064	1,127	1,089	1,137	4,416
’20	984	653	1,027	1,075	3,738

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	68	152	—	—	—
’25	26	142	137	344	649
’24	34	114	194	234	576
’23	(52)	131	210	286	575
’22	(44)	12	80	246	294
’21	40	108	143	269	559
’20	(1)	(2)	233	278	509

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	18	104	—	—	—
’25	(17)	97	87	286	453
’24	12	91	161	172	436
’23	(94)	99	179	253	437
’22	(86)	(17)	44	202	143
’21	8	79	105	246	437
’20	(23)	(21)	220	253	427

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.42	0.41	—	—	—
’25	0.45	0.50	0.51	0.28	1.74
’24	0.18	0.51	0.46	0.63	1.78
’23	0.27	0.27	0.33	0.33	1.21
’22	0.18	0.20	0.28	0.20	0.86
’21	0.06	0.54	0.30	0.23	1.14
’20	0.22	(0.35)	0.35	0.30	0.52

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	20.67	27.20	21.58	22.73	12.92	26.42	20.66	25.03	30.40	26.28	Analyst estimates 2026–2028 Powerpack
	High	30.45	38.20	33.30	32.20	31.26	34.20	34.12	34.45	41.66	38.37
People
People	Employees	13,000	13,300	14,000	14,000	14,000	13,000	12,000	12,000	12,800	12,300
	Revenue/emp, $m	0.31	0.33	0.34	0.32	0.27	0.34	0.41	0.43	0.41	0.42
Income, $m
Income, $m	Revenue	4,093	4,377	4,696	4,482	3,738	4,416	4,884	5,184	5,276	5,117
	Gross margin, %	38.21	36.47	33.85	34.90	34.24	32.36	29.03	31.21	34.08	34.43
	EBT	83	190	268	330	122	341	257	355	496	546
	EBT margin, %	2.02	4.33	5.70	7.36	3.27	7.71	5.26	6.85	9.40	10.67
	Net income	45	48	213	253	122	264	192	269	391	379
	Depreciation	340	356	377	362	329	325	313	285	287	303
Per share, $
Per share, $	Revenue	17.19	18.21	19.65	19.16	15.89	19.12	22.03	23.46	24.06	23.69
	Earnings	0.18	0.15	0.87	1.06	0.52	1.14	0.86	1.21	1.78	1.75
	Cash flow	2.35	2.25	2.08	2.45	2.17	2.42	1.33	2.60	2.63	3.00
	Capex	(0.57)	(0.52)	(0.60)	(0.48)	(0.35)	(0.53)	(0.68)	(0.62)	(0.64)	(0.91)
	Free cash flow	1.78	1.73	1.48	1.97	1.82	1.89	0.65	1.98	1.99	2.10
	Book value	5.24	5.86	5.48	6.03	6.29	6.66	6.76	8.02	8.92	11.08
	Shares, m	238	240	239	234	235	231	222	221	219	216
Valuation, ×
Valuation, ×	P/E	175.67	213.60	26.92	28.41	54.90	29.31	29.80	27.90	19.22	18.57
	P/S	1.61	1.76	1.19	1.59	1.80	1.73	1.16	1.43	1.42	1.36
	P/B	5.28	5.47	4.27	5.04	4.54	4.97	3.79	4.17	3.84	2.92
	EV/Sales	2.27	2.48	1.87	2.21	2.47	2.41	1.79	1.97	1.96	1.86
	EV/FCF	22.00	26.13	24.85	21.55	21.64	24.32	61.06	23.34	23.69	21.01
Cash, $m
Cash, $m	Operating cash flow	559	540	496	573	509	559	294	575	576	649
	Capex	(136)	(125)	(143)	(112)	(82)	(122)	(151)	(138)	(140)	(196)
	Free cash flow	423	415	353	461	427	437	143	437	436	453
Balance, $m
Balance, $m	Working capital	978	1,233	1,269	1,501	1,745	1,241	1,308	1,393	1,369	1,446
	Total debt	3,264	3,916	3,864	3,834	3,893	3,830	3,704	3,504	3,421	3,199
	Net debt	2,726	3,143	3,168	2,814	2,529	2,978	3,049	2,801	2,825	2,539
	Shareholders’ equity	1,247	1,408	1,311	1,410	1,480	1,539	1,500	1,773	1,956	2,393
Returns, %
Returns, %	ROA	0.66	0.58	3.07	3.69	1.74	3.67	2.69	3.73	5.39	5.09
	ROIC	6.37	5.00	6.17	7.22	4.76	6.40	5.81	8.03	9.23	9.31
	ROE	3.25	2.77	15.24	18.31	8.42	17.49	12.64	16.32	20.97	17.38

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SOLS Solstice Advanced Materials Inc.	$9.5B	27.4×	27.8×	+11.13% (above 0%: growing)	−14.99% (below 0%: shrinking)	+70.83% (above 0%: growing)	32.23%	17.16%	Compare
ESI Element Solutions Inc.	$8.7B	47.4×	33.3×	+56.41% (above 0%: growing)	+60.00% (above 0%: growing)	+29.19% (above 0%: growing)	34.15%	11.63%	Compare
SQM Sociedad Quimica y Minera S.A.	$8.6B	11.3×	12.1×	+138.12% (above 0%: growing)	+381.25% (above 0%: growing)	−63.75% (below 0%: shrinking)	51.05%	48.62%	Compare
NEU NewMarket Corporation	$8.2B	18.8×	— (loss-making)	+6.96% (above 0%: growing)	+22.80% (above 0%: growing)	−6.94% (below 0%: shrinking)	32.45%	21.91%	Compare
WLK Westlake Corporation	$8.1B	— (loss-making)	24.8×	+10.77% (above 0%: growing)	n/m	+184.09% (above 0%: growing)	19.93%	11.13%	Compare
EMN Eastman Chemical Company	$7.3B	16.1×	11.5×	+9.88% (above 0%: growing)	+31.15% (above 0%: growing)	+49.40% (above 0%: growing)	22.28%	12.38%	Compare
AXTA Axalta Coating Systems Ltd.	$7.2B	20.5×	13.6×	+3.14% (above 0%: growing)	−16.00% (below 0%: shrinking)	+7.22% (above 0%: growing)	34.55%	12.41%
SXT Sensient Technologies Corporation	$5.7B	36.0×	28.5×	+11.55% (above 0%: growing)	+35.96% (above 0%: growing)	−64.25% (below 0%: shrinking)	37.40%	16.60%	Compare
BCPC Balchem Corporation	$5.4B	33.5×	30.5×	+11.17% (above 0%: growing)	+18.80% (above 0%: growing)	−11.98% (below 0%: shrinking)	36.51%	20.85%	Compare
Median of peers	$8.1B	27.4×	27.8×	+11.15%	+31.15%	+11.12%	33.30%	16.88%

All 60 Specialty Chemicals stocks →

Axalta Coating Systems Ltd. (AXTA) key facts

Concern: Axalta Coating Systems Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $5.1 billion, down 3.01% from fiscal 2024.
Axalta Coating Systems Ltd. (AXTA) is a Specialty Chemicals company in the Basic Materials sector, listed on the New York Stock Exchange.
As of October 16, 2026, AXTA traded at $33.44, a market capitalization of $7.2 billion.
Return on equity was 17.4% and debt-to-equity 1.19.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 2.40 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.