Axalta Coating Systems Ltd.AXTAEarnings & Financial Report
Axalta Coating Systems Ltd., also known as simply Axalta, is an American company specializing in coatings in a wide variety of industrial applications, materials and sectors, including automotive paints. The company is based in Philadelphia, Pennsylvania, and incorporated in Bermuda. Axalta develops and manufactures coatings for light and commercial vehicles, industrial, and refinish applications. The firm does business in 130 countries, has nearly 13,000 employees, and has more than 100,000 ...
Revenue
$1.3B
Gross Profit
$447.0M
Operating Profit
$187.0M
Net Profit
$137.0M
Gross Margin
34.1%
Operating Margin
14.3%
Net Margin
10.5%
YoY Growth
1.1%
EPS
$0.63
Financial Flow
Axalta Coating Systems Ltd. Q4 2024 Financial Summary
Axalta Coating Systems Ltd. reported revenue of $1.3B (up 1.1% YoY) for Q4 2024, with a net profit of $137.0M (up 87.4% YoY) (10.5% margin). Cost of goods sold was $864.0M, operating expenses totaled $260.0M.
Key Financial Metrics
| Total Revenue | $1.3B |
|---|---|
| Net Profit | $137.0M |
| Gross Margin | 34.1% |
| Operating Margin | 14.3% |
| Report Period | Q4 2024 |
Revenue Breakdown
Axalta Coating Systems Ltd. Q4 2024 revenue of $1.3B breaks down across 4 segments, led by Refinish at $545.0M (41.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Refinish | $545.0M | 41.6% |
| Light Vehicle | $369.0M | 28.1% |
| Industrial | $298.0M | 22.7% |
| Commercial Vehicle | $99.0M | 7.6% |
Axalta Coating Systems Ltd. Revenue by Segment — Quarterly Trend
Axalta Coating Systems Ltd. revenue by segment across the last 4 reported quarters, showing how each business line (such as Refinish and Light Vehicle) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Refinish | $509.0M | $517.0M | $514.0M | $511.0M |
| Light Vehicle | $372.0M | $364.0M | $362.0M | $340.0M |
| Industrial | $282.0M | $311.0M | $322.0M | $311.0M |
| Commercial Vehicle | $99.0M | $96.0M | $107.0M | $100.0M |
Axalta Coating Systems Ltd. Annual Revenue by Year
Axalta Coating Systems Ltd. annual revenue history includes year-by-year totals (for example, 2025 revenue was $5.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $5.1B |
| 2024 | $5.3B |
| 2023 | $5.2B |
| 2022 | $4.9B |
Axalta Coating Systems Ltd. Quarterly Revenue & Net Profit History
Axalta Coating Systems Ltd. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $1.3B | -3.7% | $60.0M | 4.8% |
| Q3 2025 | $1.3B | -2.4% | $110.0M | 8.5% |
| Q2 2025 | $1.3B | -3.4% | $109.0M | 8.4% |
| Q1 2025 | $1.3B | -2.5% | $99.0M | 7.8% |
| Q4 2024 | $1.3B | +1.1% | $137.0M | 10.5% |
| Q3 2024 | $1.3B | +0.8% | $101.0M | 7.7% |
| Q2 2024 | $1.4B | +4.4% | $112.0M | 8.3% |
| Q1 2024 | $1.3B | +0.8% | $41.0M | 3.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.29B | $1.35B | $1.32B | $1.31B | $1.26B | $1.30B | $1.29B | $1.26B |
| YoY Growth | 0.8% | 4.4% | 0.8% | 1.1% | -2.5% | -3.4% | -2.4% | -3.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $7.09B | $7.31B | $7.50B | $7.25B | $7.41B | $7.78B | $7.76B | $7.60B |
| Liabilities | $5.31B | $5.49B | $5.55B | $5.29B | $5.29B | $5.47B | $5.43B | $5.21B |
| Equity | $1.73B | $1.77B | $1.91B | $1.91B | $2.08B | $2.27B | $2.28B | $2.35B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $34.0M | $114.0M | $194.0M | $234.0M | $26.0M | $142.0M | $137.0M | $344.0M |