Axalta Coating Systems (AXTA)
Supplies global automotive and industrial coatings through two operating segments.
$32.65
vs last close−0.39 (−1.20%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,309 | 1,297 | 1,294 | 1,351 | 1,320 | 1,311 | 1,262 | 1,305 | 1,288 | 1,262 | 1,254 | 1,346 |
| Cost of revenue | 886 | 874 | 865 | 891 | 858 | 864 | 853 | 872 | 863 | 865 | 864 | 881 |
| Gross profit | 423 | 424 | 429 | 460 | 462 | 447 | 409 | 433 | 425 | 397 | 390 | 465 |
| 260 | 262 | 308 | 255 | 269 | 260 | 222 | 231 | 219 | 234 | 244 | 298 | |
| Research & development | 18 | 18 | 18 | 18 | 19 | 19 | 17 | 20 | 18 | 16 | 18 | 18 |
| Selling, general & administrative | 209 | 215 | 207 | 213 | 211 | 216 | 205 | 211 | 201 | 218 | 200 | 213 |
| Other expenses | 33 | 30 | 83 | 24 | 39 | 25 | 0 | 0 | 0 | 0 | 26 | 67 |
| Operating income | 163 | 161 | 121 | 205 | 193 | 187 | 187 | 202 | 206 | 163 | 146 | 167 |
| −60 | −59 | −62 | −49 | −51 | −48 | −58 | −59 | −51 | −44 | −41 | −33 | |
| Interest expense | 55 | 55 | 54 | 50 | 54 | 47 | 49 | 49 | 49 | 46 | 38 | 37 |
| Other non-operating income | 5 | 4 | 8 | −1 | −3 | 1 | 9 | 10 | 2 | −2 | 3 | −4 |
| Income before tax | 103 | 102 | 59 | 156 | 142 | 139 | 129 | 143 | 155 | 119 | 105 | 134 |
| Income tax expense | 30 | 28 | 20 | 43 | 40 | 2 | 30 | 33 | 45 | 59 | 14 | 45 |
| Net income from continuing operations | 73 | 74 | 39 | 113 | 102 | 137 | 99 | 110 | 110 | 60 | 91 | 89 |
| Net income | 72 | 73 | 41 | 112 | 101 | 137 | 99 | 109 | 110 | 60 | 90 | 89 |
| EPS, basic | $0.33 | $0.33 | $0.19 | $0.51 | $0.46 | $0.63 | $0.45 | $0.50 | $0.51 | $0.28 | $0.42 | $0.42 |
| EPS, diluted | $0.33 | $0.33 | $0.19 | $0.51 | $0.46 | $0.62 | $0.45 | $0.50 | $0.51 | $0.28 | $0.42 | $0.41 |
| Weighted average shares, basic | 221 | 220 | 220 | 220 | 219 | 218 | 218 | 218 | 215 | 213 | 214 | 214 |
| Weighted average shares, diluted | 222 | 221 | 221 | 221 | 221 | 219 | 219 | 218 | 216 | 215 | 215 | 215 |
| EBITDA | 229 | 226 | 181 | 274 | 267 | 259 | 248 | 266 | 278 | 242 | 219 | 171 |
| Depreciation & amortization | 71 | 69 | 68 | 68 | 71 | 73 | 70 | 74 | 74 | 77 | 76 | 0 |
| EBIT | 158 | 157 | 113 | 206 | 196 | 186 | 178 | 192 | 204 | 165 | 143 | 171 |
