Axalta Coating Systems Ltd

Chart & Performance

D1W1MN

P/E

16.86

P/S

1.25

EPS

1.79

Div Yield, %

—

Shrs. gr., 5y

-1.34%

Rev. gr., 5y

3.31%

Revenues

5.28b

+1.77%

Net income

391m

+46.22%

CFO

576m

+0.12%

Earnings

Apr 29, 2025

Profile

Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It operates through two segments, Performance Coatings and Transportation Coatings. The company offers water and solvent-borne products and systems to repair damaged vehicles for independent body shops, multi-shop operators, and original equipment manufacturer (OEM) dealership body shops. It also provides functional and decorative liquid, and powder coatings used in various industrial applications, including architectural cladding and fittings, automotive coatings, general industrial, job coaters, energy solutions, HVAC, appliances, industrial wood, coil, and oil and gas pipelines; and coatings for building materials, cabinet, wood and luxury vinyl flooring, and furniture market under the Voltatex, AquaEC, Durapon, Hydropon, UNRIVALED, Tufcote, and Ceranamel for liquid coatings; and Alesta, Nap-Gard, Abcite, Teodur, and Plascoat brands for powder coatings. In addition, the company develops and supplies electrocoat, primer, the basecoat, and clearcoat products for OEMs of light and commercial vehicles; and coatings systems for various commercial applications, including HDT, bus, and rail under the Imron, Imron Elite, Centari, Rival, Corlar epoxy undercoats, and AquaEC brands. It also sells its product under the Audurra, Challenger, Chemophan, ColorNet, Cromax, Cromax Mosaic, Durapon 70, Duxone, Harmonized Coating Technologies, Imron ExcelPro, Lutophen, Nason, Spies Hecker, Standox, Stollaquid, Syntopal, Syrox, Raptor, U-POL, and Vermeera brand names. The company was formerly known as Axalta Coating Systems Bermuda Co., Ltd. and changed its name to Axalta Coating Systems Ltd. in August 2014. Axalta Coating Systems Ltd. was founded in 1866 and is headquartered in Philadelphia, Pennsylvania.

URL

https://www.axalta.com/corporate/en_US.html

IPO date

Nov 12, 2014

Employees

12,000

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	5,276,000 1.77%	5,184,100 6.14%	4,884,400 10.60%
Cost of revenue	3,552,000	3,639,600	3,532,000
Unusual Expense (Income)
NOPBT	1,724,000	1,544,500	1,352,400
NOPBT Margin	32.68%	29.79%	27.69%
Operating Taxes	105,000	86,200	65,100
Tax Rate	6.09%	5.58%	4.81%
NOPAT	1,619,000	1,458,300	1,287,300
Net income	391,000 46.22%	267,400 39.56%	191,600 -27.40%
Dividends
Dividend yield
Proceeds from repurchase of equity	(100,000)	(50,000)	(200,100)
BB yield	1.33%	0.66%	3.53%
Debt
Debt current	47,000	56,900	40,100
Long-term debt	27,000	3,509,700	3,692,600
Deferred revenue
Other long-term liabilities	3,788,000	431,000	339,600
Net debt	(519,000)	2,866,600	3,086,500
Cash flow
Cash from operating activities	576,000	575,300	293,800
CAPEX	(140,000)	(137,900)	(150,900)
Cash from investing activities	(440,000)	(205,700)	(106,400)
Cash from financing activities	(201,000)	(315,000)	(368,900)
FCF	1,682,500	1,210,100	1,079,000
Balance
Cash	593,000	699,800	645,200
Long term investments		200	1,000
Excess cash	329,200	440,795	401,980
Stockholders' equity	1,394,000	1,141,200	850,300
Invested Capital	5,461,800	5,298,405	5,087,420
ROIC	30.09%	28.08%	24.80%
ROCE	29.01%	26.17%	23.93%
EV
Common stock shares outstanding	220,400	221,900	222,300
Price	34.22 0.74%	33.97 33.37%	25.47 -23.10%
Market cap	7,542,088 0.05%	7,537,943 33.13%	5,661,981 -26.28%
EV	7,067,088	10,450,043	8,794,481
EBITDA	2,004,000	1,820,100	1,655,500
EV/EBITDA	3.53	5.74	5.31
Interest	205,000	213,300	139,800
Interest/NOPBT	11.89%	13.81%	10.34%