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Side-by-side financial comparison of Axalta Coating Systems Ltd. (AXTA) and CBIZ, Inc. (CBZ). Click either name above to swap in a different company.

Axalta Coating Systems Ltd. is the larger business by last-quarter revenue ($1.3B vs $848.6M, roughly 1.5× CBIZ, Inc.). CBIZ, Inc. runs the higher net margin — 19.0% vs 4.8%, a 14.3% gap on every dollar of revenue. On growth, CBIZ, Inc. posted the faster year-over-year revenue change (1.3% vs -3.7%). Axalta Coating Systems Ltd. produced more free cash flow last quarter ($286.0M vs $-28.5M). Over the past eight quarters, CBIZ, Inc.'s revenue compounded faster (42.1% CAGR vs -1.2%).

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 ...

CBIZ, Inc. is a national provider of financial, insurance and advisory services headquartered in Independence, Ohio. CBIZ is one of the largest accounting, insurance brokerage, financial and advisory services providers in the United States with more than 120 offices and nearly 7,000 employees. Its common stock has been traded on the New York Stock Exchange since 1996, under the symbol "CBZ" since 1997.

AXTA vs CBZ — Head-to-Head

Bigger by revenue
AXTA
AXTA
1.5× larger
AXTA
$1.3B
$848.6M
CBZ
Growing faster (revenue YoY)
CBZ
CBZ
+5.0% gap
CBZ
1.3%
-3.7%
AXTA
Higher net margin
CBZ
CBZ
14.3% more per $
CBZ
19.0%
4.8%
AXTA
More free cash flow
AXTA
AXTA
$314.5M more FCF
AXTA
$286.0M
$-28.5M
CBZ
Faster 2-yr revenue CAGR
CBZ
CBZ
Annualised
CBZ
42.1%
-1.2%
AXTA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AXTA
AXTA
CBZ
CBZ
Revenue
$1.3B
$848.6M
Net Profit
$60.0M
$161.6M
Gross Margin
33.4%
Operating Margin
12.8%
23.2%
Net Margin
4.8%
19.0%
Revenue YoY
-3.7%
1.3%
Net Profit YoY
-56.2%
EPS (diluted)
$0.28
$2.63

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AXTA
AXTA
CBZ
CBZ
Q1 26
$848.6M
Q4 25
$1.3B
$542.7M
Q3 25
$1.3B
$693.8M
Q2 25
$1.3B
$683.5M
Q1 25
$1.3B
$838.0M
Q4 24
$1.3B
$460.3M
Q3 24
$1.3B
$438.9M
Q2 24
$1.4B
$420.0M
Net Profit
AXTA
AXTA
CBZ
CBZ
Q1 26
$161.6M
Q4 25
$60.0M
$-79.4M
Q3 25
$110.0M
$30.1M
Q2 25
$109.0M
$41.9M
Q1 25
$99.0M
$122.8M
Q4 24
$137.0M
$-90.7M
Q3 24
$101.0M
$35.1M
Q2 24
$112.0M
$19.8M
Gross Margin
AXTA
AXTA
CBZ
CBZ
Q1 26
Q4 25
33.4%
-9.4%
Q3 25
34.9%
13.0%
Q2 25
35.0%
12.9%
Q1 25
34.3%
27.2%
Q4 24
34.1%
-13.4%
Q3 24
35.0%
16.6%
Q2 24
34.0%
12.8%
Operating Margin
AXTA
AXTA
CBZ
CBZ
Q1 26
23.2%
Q4 25
12.8%
-15.7%
Q3 25
15.8%
8.5%
Q2 25
14.8%
8.8%
Q1 25
13.9%
23.9%
Q4 24
14.3%
-23.2%
Q3 24
14.6%
11.3%
Q2 24
15.2%
7.5%
Net Margin
AXTA
AXTA
CBZ
CBZ
Q1 26
19.0%
Q4 25
4.8%
-14.6%
Q3 25
8.5%
4.3%
Q2 25
8.4%
6.1%
Q1 25
7.8%
14.7%
Q4 24
10.5%
-19.7%
Q3 24
7.7%
8.0%
Q2 24
8.3%
4.7%
EPS (diluted)
AXTA
AXTA
CBZ
CBZ
Q1 26
$2.63
Q4 25
$0.28
$-1.22
Q3 25
$0.51
$0.48
Q2 25
$0.50
$0.66
Q1 25
$0.45
$1.91
Q4 24
$0.63
$-1.84
Q3 24
$0.46
$0.70
Q2 24
$0.51
$0.39

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AXTA
AXTA
CBZ
CBZ
Cash + ST InvestmentsLiquidity on hand
$657.0M
$28.7M
Total DebtLower is stronger
$3.2B
Stockholders' EquityBook value
$2.3B
$1.9B
Total Assets
$7.6B
$4.6B
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXTA
AXTA
CBZ
CBZ
Q1 26
$28.7M
Q4 25
$657.0M
$18.3M
Q3 25
$606.0M
$17.0M
Q2 25
$625.0M
$39.8M
Q1 25
$575.0M
$8.8M
Q4 24
$593.0M
$13.8M
Q3 24
$567.0M
$1.1M
Q2 24
$840.0M
$1.1M
Total Debt
AXTA
AXTA
CBZ
CBZ
Q1 26
Q4 25
$3.2B
Q3 25
$3.4B
Q2 25
$3.4B
Q1 25
$3.4B
Q4 24
$3.4B
Q3 24
$3.5B
Q2 24
$3.6B
Stockholders' Equity
AXTA
AXTA
CBZ
CBZ
Q1 26
$1.9B
Q4 25
$2.3B
$1.8B
Q3 25
$2.3B
$1.9B
Q2 25
$2.3B
$1.9B
Q1 25
$2.1B
$1.9B
Q4 24
$1.9B
$1.8B
Q3 24
$1.9B
$927.9M
Q2 24
$1.8B
$891.4M
Total Assets
AXTA
AXTA
CBZ
CBZ
Q1 26
$4.6B
Q4 25
$7.6B
$4.4B
Q3 25
$7.8B
$4.5B
Q2 25
$7.8B
$4.5B
Q1 25
$7.4B
$4.6B
Q4 24
$7.2B
$4.5B
Q3 24
$7.5B
$2.1B
Q2 24
$7.3B
$2.2B
Debt / Equity
AXTA
AXTA
CBZ
CBZ
Q1 26
Q4 25
1.36×
Q3 25
1.48×
Q2 25
1.50×
Q1 25
1.64×
Q4 24
1.78×
Q3 24
1.84×
Q2 24
2.02×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AXTA
AXTA
CBZ
CBZ
Operating Cash FlowLast quarter
$344.0M
$-25.5M
Free Cash FlowOCF − Capex
$286.0M
$-28.5M
FCF MarginFCF / Revenue
22.7%
-3.4%
Capex IntensityCapex / Revenue
4.6%
Cash ConversionOCF / Net Profit
5.73×
-0.16×
TTM Free Cash FlowTrailing 4 quarters
$453.0M
$240.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXTA
AXTA
CBZ
CBZ
Q1 26
$-25.5M
Q4 25
$344.0M
$143.6M
Q3 25
$137.0M
$24.0M
Q2 25
$142.0M
$113.1M
Q1 25
$26.0M
$-88.3M
Q4 24
$234.0M
$55.5M
Q3 24
$194.0M
$43.7M
Q2 24
$114.0M
$88.2M
Free Cash Flow
AXTA
AXTA
CBZ
CBZ
Q1 26
$-28.5M
Q4 25
$286.0M
$141.7M
Q3 25
$87.0M
$22.1M
Q2 25
$97.0M
$105.2M
Q1 25
$-17.0M
$-93.4M
Q4 24
$172.0M
$52.3M
Q3 24
$161.0M
$41.1M
Q2 24
$91.0M
$86.3M
FCF Margin
AXTA
AXTA
CBZ
CBZ
Q1 26
-3.4%
Q4 25
22.7%
26.1%
Q3 25
6.8%
3.2%
Q2 25
7.4%
15.4%
Q1 25
-1.3%
-11.2%
Q4 24
13.1%
11.4%
Q3 24
12.2%
9.4%
Q2 24
6.7%
20.5%
Capex Intensity
AXTA
AXTA
CBZ
CBZ
Q1 26
Q4 25
4.6%
0.4%
Q3 25
3.9%
0.3%
Q2 25
3.4%
1.2%
Q1 25
3.4%
0.6%
Q4 24
4.7%
0.7%
Q3 24
2.5%
0.6%
Q2 24
1.7%
0.4%
Cash Conversion
AXTA
AXTA
CBZ
CBZ
Q1 26
-0.16×
Q4 25
5.73×
Q3 25
1.25×
0.79×
Q2 25
1.30×
2.70×
Q1 25
0.26×
-0.72×
Q4 24
1.71×
Q3 24
1.92×
1.25×
Q2 24
1.02×
4.45×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AXTA
AXTA

Refinish$509.0M40%
Light Vehicle$372.0M29%
Industrial$282.0M22%
Commercial Vehicle$99.0M8%

CBZ
CBZ

Financial Services (1)$740.3M87%
Benefits and Insurance Services$108.2M13%

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