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

Axalta Coating Systems Ltd. is the larger business by last-quarter revenue ($5.1B vs $3.7B, roughly 1.4× Textron). Textron runs the higher net margin — 6.0% vs 1.8%, a 4.2% gap on every dollar of revenue. On growth, Textron posted the faster year-over-year revenue change (11.8% vs -0.6%). Over the past eight quarters, Axalta Coating Systems Ltd.'s revenue compounded faster (94.5% CAGR vs 3.8%).

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 ...

Textron Inc. is an American industrial conglomerate based in Providence, Rhode Island. Textron's subsidiaries include Bell Textron, Kautex, Textron Aviation, and Lycoming Engines. It was founded by Royal Little in 1923 as the Special Yarns Company. In 2020, Textron employed over 33,000 people in 25 countries. The company ranked 265th on the 2021 Fortune 500 of the largest United States corporations by revenue.

AXTA vs TXT — Head-to-Head

Bigger by revenue
AXTA
AXTA
1.4× larger
AXTA
$5.1B
$3.7B
TXT
Growing faster (revenue YoY)
TXT
TXT
+12.4% gap
TXT
11.8%
-0.6%
AXTA
Higher net margin
TXT
TXT
4.2% more per $
TXT
6.0%
1.8%
AXTA
Faster 2-yr revenue CAGR
AXTA
AXTA
Annualised
AXTA
94.5%
3.8%
TXT

Income Statement — Q1 FY2026 vs Q1 FY2027

Metric
AXTA
AXTA
TXT
TXT
Revenue
$5.1B
$3.7B
Net Profit
$91.0M
$220.0M
Gross Margin
83.6%
Operating Margin
2.9%
Net Margin
1.8%
6.0%
Revenue YoY
-0.6%
11.8%
Net Profit YoY
-9.1%
6.3%
EPS (diluted)
$0.42
$1.25

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
TXT
TXT
Q1 26
$5.1B
$3.7B
Q4 25
$1.3B
$4.2B
Q3 25
$1.3B
$3.6B
Q2 25
$1.3B
$3.7B
Q1 25
$1.3B
$3.3B
Q4 24
$1.3B
$3.6B
Q3 24
$1.3B
$3.4B
Q2 24
$1.4B
Net Profit
AXTA
AXTA
TXT
TXT
Q1 26
$91.0M
$220.0M
Q4 25
$60.0M
$235.0M
Q3 25
$110.0M
$234.0M
Q2 25
$109.0M
$245.0M
Q1 25
$99.0M
$207.0M
Q4 24
$137.0M
$141.0M
Q3 24
$101.0M
$223.0M
Q2 24
$112.0M
Gross Margin
AXTA
AXTA
TXT
TXT
Q1 26
83.6%
Q4 25
33.4%
Q3 25
34.9%
Q2 25
35.0%
Q1 25
34.3%
Q4 24
34.1%
Q3 24
35.0%
Q2 24
34.0%
Operating Margin
AXTA
AXTA
TXT
TXT
Q1 26
2.9%
Q4 25
12.8%
Q3 25
15.8%
Q2 25
14.8%
Q1 25
13.9%
Q4 24
14.3%
3.6%
Q3 24
14.6%
7.4%
Q2 24
15.2%
Net Margin
AXTA
AXTA
TXT
TXT
Q1 26
1.8%
6.0%
Q4 25
4.8%
5.6%
Q3 25
8.5%
6.5%
Q2 25
8.4%
6.6%
Q1 25
7.8%
6.3%
Q4 24
10.5%
3.9%
Q3 24
7.7%
6.5%
Q2 24
8.3%
EPS (diluted)
AXTA
AXTA
TXT
TXT
Q1 26
$0.42
$1.25
Q4 25
$0.28
Q3 25
$0.51
Q2 25
$0.50
Q1 25
$0.45
$1.13
Q4 24
$0.63
Q3 24
$0.46
Q2 24
$0.51

Balance Sheet & Financial Strength

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

Metric
AXTA
AXTA
TXT
TXT
Cash + ST InvestmentsLiquidity on hand
$608.0M
$1.5B
Total DebtLower is stronger
$3.1B
$3.5B
Stockholders' EquityBook value
$2.5B
$8.0B
Total Assets
$7.6B
$18.1B
Debt / EquityLower = less leverage
1.27×
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXTA
AXTA
TXT
TXT
Q1 26
$608.0M
$1.5B
Q4 25
$657.0M
Q3 25
$606.0M
Q2 25
$625.0M
Q1 25
$575.0M
Q4 24
$593.0M
Q3 24
$567.0M
Q2 24
$840.0M
Total Debt
AXTA
AXTA
TXT
TXT
Q1 26
$3.1B
$3.5B
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
TXT
TXT
Q1 26
$2.5B
$8.0B
Q4 25
$2.3B
Q3 25
$2.3B
$7.5B
Q2 25
$2.3B
$7.4B
Q1 25
$2.1B
$7.3B
Q4 24
$1.9B
$7.2B
Q3 24
$1.9B
$7.0B
Q2 24
$1.8B
Total Assets
AXTA
AXTA
TXT
TXT
Q1 26
$7.6B
$18.1B
Q4 25
$7.6B
Q3 25
$7.8B
$17.4B
Q2 25
$7.8B
$17.1B
Q1 25
$7.4B
$16.9B
Q4 24
$7.2B
$16.8B
Q3 24
$7.5B
$16.5B
Q2 24
$7.3B
Debt / Equity
AXTA
AXTA
TXT
TXT
Q1 26
1.27×
0.43×
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
TXT
TXT
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$21.0M
FCF MarginFCF / Revenue
0.4%
Capex IntensityCapex / Revenue
3.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$491.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXTA
AXTA
TXT
TXT
Q1 26
Q4 25
$344.0M
$700.0M
Q3 25
$137.0M
$349.0M
Q2 25
$142.0M
$387.0M
Q1 25
$26.0M
$-124.0M
Q4 24
$234.0M
$446.0M
Q3 24
$194.0M
$208.0M
Q2 24
$114.0M
Free Cash Flow
AXTA
AXTA
TXT
TXT
Q1 26
$21.0M
Q4 25
$286.0M
$527.0M
Q3 25
$87.0M
$273.0M
Q2 25
$97.0M
$309.0M
Q1 25
$-17.0M
$-180.0M
Q4 24
$172.0M
$293.0M
Q3 24
$161.0M
$137.0M
Q2 24
$91.0M
FCF Margin
AXTA
AXTA
TXT
TXT
Q1 26
0.4%
Q4 25
22.7%
12.6%
Q3 25
6.8%
7.6%
Q2 25
7.4%
8.3%
Q1 25
-1.3%
-5.4%
Q4 24
13.1%
8.1%
Q3 24
12.2%
4.0%
Q2 24
6.7%
Capex Intensity
AXTA
AXTA
TXT
TXT
Q1 26
3.6%
Q4 25
4.6%
4.1%
Q3 25
3.9%
2.1%
Q2 25
3.4%
2.1%
Q1 25
3.4%
1.7%
Q4 24
4.7%
4.2%
Q3 24
2.5%
2.1%
Q2 24
1.7%
Cash Conversion
AXTA
AXTA
TXT
TXT
Q1 26
Q4 25
5.73×
2.98×
Q3 25
1.25×
1.49×
Q2 25
1.30×
1.58×
Q1 25
0.26×
-0.60×
Q4 24
1.71×
3.16×
Q3 24
1.92×
0.93×
Q2 24
1.02×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AXTA
AXTA

Segment breakdown not available.

TXT
TXT

Textron Aviation (a)$1.5B40%
Bell$1.1B29%
Industrial$786.0M21%
Textron Systems (a)$338.0M9%
FINANCE$16.0M0%

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