Axalta Coating Systems Ltd. (AXTA) — Financial statements
Income statement, balance sheet, and cash flow for Axalta Coating Systems Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5,117↓3.0% | 5,276↑1.8% | 5,184↑6.1% | 4,884↑10.6% | 4,416 | |
| Cost of Revenue | 3,447↓0.9% | 3,478↓2.5% | 3,566↑2.9% | 3,466↑16.0% | 2,987 | |
| Gross Profit | 1,670↓7.1% | 1,798↑11.1% | 1,618↑14.1% | 1,418↓0.8% | 1,429 | |
| Operating Expenses | ||||||
| R&D Expenses | 71↓4.1% | 74↑0.0% | 74↑12.1% | 66↑5.8% | 62 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 835↓1.4% | 847↑0.8% | 840↑8.8% | 772↑4.5% | 739 | |
| Other Expenses | 0.00↓100.0% | 171↑47.4% | 116↓26.1% | 157↓5.1% | 165 | |
| Operating Expenses | 906↓17.0% | 1,092↑6.0% | 1,030↑3.5% | 995↑2.9% | 967 | |
| Total Costs & Expenses | 4,353↓4.7% | 4,570↓0.6% | 4,596↑3.0% | 4,461↑12.8% | 3,954 | |
| Operating Results | ||||||
| Operating Income | 764↑8.2% | 706↑20.1% | 588↑39.0% | 423↓8.5% | 462 | |
| Depreciation & Amortization | 295↑5.4% | 280↑1.4% | 276↓8.9% | 303↓4.3% | 317 | |
| EBITDA | 1,059↑8.0% | 981↑16.2% | 844↑20.6% | 700↓11.5% | 791 | |
| EBIT | 764↑9.0% | 701↑23.4% | 568↑43.1% | 397↓16.4% | 475 | |
| Interest & Other Income | ||||||
| Net Interest Income | -193↑5.9% | -205↑3.8% | -213↓52.1% | -140↓4.3% | -134 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 193↓5.9% | 205↓3.8% | 213↑52.1% | 140↑4.3% | 134 | |
| Non-Operating Income | 0.00↓100.0% | 5↓75.0% | 20↓23.1% | 26↑311.4% | -12 | |
| Other Income / Expenses | -218↓3.8% | -210↑9.9% | -233↓40.4% | -166↓36.2% | -122 | |
| Income Before Tax | 546↑10.1% | 496↑39.7% | 355↑38.1% | 257↓24.5% | 341 | |
| Income Tax Expense | 167↑59.0% | 105↑22.1% | 86↑32.3% | 65↓14.6% | 76 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 379↓3.1% | 391↑45.4% | 269↑40.1% | 192↓27.4% | 264 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 378↓3.3% | 391↑46.4% | 267↑39.1% | 192↓27.2% | 264 | |
| Bottom-Line Net Income | 378↓3.3% | 391↑46.4% | 267↑39.1% | 192↓27.2% | 264 | |
| EPS (Basic) | 1.75↓1.7% | 1.78↑47.1% | 1.21↑39.1% | 0.87↓23.7% | 1.14 | |
| EPS (Diluted) | 1.74↓2.2% | 1.78↑47.1% | 1.21↑40.7% | 0.86↓24.6% | 1.14 | |
| Weighted Average Shares | 216↓1.5% | 219↓0.8% | 221↓0.3% | 222↓4.0% | 231 | |
| Weighted Average Diluted Shares | 217↓1.5% | 220↓0.7% | 222↓0.2% | 222↓4.1% | 232 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.