AXTA Financials Axalta Coating Systems Ltd.

12 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 29 h ago Overview →

Growth & profitability

Revenue has grown 6.5% per year over the past 5 years.
Net income has grown faster than revenue (25.5% vs 6.5% per year).
Operating margin has expanded, at 14.4% in the latest year.
Free cash flow has grown 1.2% per year over the past 5 years.

Financial health

Total debt ($3.2B) exceeds cash ($657M); net debt is $2.5B.
Total debt has grown slower than revenue (-5.1% vs 6.5% per year).
Operating income covered interest expense 4.2× in the latest year, up from 2.0× 5 years ago.
Total debt is 3.1× EBITDA.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$5.1B	$379M	34.4%	14.4%	$453M	$3.2B	$657M
2024	$5.3B	$391M	34.1%	13.4%	$436M	$3.4B	$593M
2023	$5.2B	$269M	31.2%	11.3%	$437M	$3.5B	$700M
2022	$4.9B	$192M	29.0%	8.7%	$143M	$3.7B	$645M
2021	$4.4B	$264M	32.4%	10.5%	$437M	$3.9B	$841M
2020	$3.7B	$122M	34.2%	8.2%	$427M	—	$1.4B
2019	$4.5B	$249M	34.9%	10.9%	$461M	$3.9B	$1.0B
2018	$4.7B	$207M	33.9%	9.4%	$353M	$3.9B	$694M
2017	$4.4B	$37M	36.5%	8.3%	$415M	$4.0B	$770M
2016	$4.1B	$39M	37.8%	10.0%	—	$3.3B	$535M
2015	—	$92M	—	—	—	—	$485M
2014	—	$27M	—	—	—	—	$382M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$1.3B	$90M	33.2%	11.6%	$18M	—	$608M
Dec '25	$1.3B	$60M	33.4%	12.8%	$286M	$3.2B	$657M
Sep '25	$1.3B	$110M	34.9%	15.8%	$87M	—	$606M
Jun '25	$1.3B	$109M	35.0%	14.8%	$97M	—	$625M
Mar '25	$1.3B	$99M	34.3%	13.9%	-$17M	—	$575M
Dec '24	$1.3B	$137M	34.1%	14.3%	$172M	$3.4B	$593M
Sep '24	$1.3B	$101M	35.0%	14.6%	$161M	—	$567M
Jun '24	$1.4B	$112M	34.0%	15.2%	$91M	—	$840M
Mar '24	$1.3B	$41M	33.2%	9.4%	$12M	—	$624M
Dec '23	$1.3B	$73M	32.6%	12.5%	$253M	$3.5B	$700M
Sep '23	$1.3B	$72M	32.3%	12.5%	$179M	—	$606M
Jun '23	$1.3B	$61M	30.1%	10.7%	$99M	—	$518M
Mar '23	$1.3B	$61M	29.8%	9.7%	-$94M	—	$512M
Dec '22	$1.2B	$44M	30.0%	8.9%	$202M	$3.7B	$645M
Sep '22	$1.2B	$62M	29.2%	10.0%	$44M	—	$517M
Jun '22	$1.2B	$44M	28.2%	8.4%	-$17M	—	$500M
Mar '22	$1.2B	$42M	28.7%	7.4%	-$86M	—	$576M
Dec '21	$1.1B	$53M	29.2%	8.3%	$246M	$3.9B	$841M
Sep '21	$1.1B	$69M	31.5%	11.5%	$105M	—	$628M
Jun '21	$1.1B	$126M	33.2%	16.9%	$79M	—	$1.2B

Valuation over time

How the market has priced AXTA against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 33.8× (Mar '23) to 19.6× (Jun '26).
The price-to-sales ratio has risen from 1.3× (Mar '23) to 1.5× (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Frequently asked questions

Is AXTA growing its revenue and profit?

Over the past 5 years, Axalta Coating Systems Ltd.'s revenue has grown 6.5% per year, and net income grown 25.5% per year. These are computed facts, not advice.

How much debt does AXTA have?

As of FY2025, Axalta Coating Systems Ltd. reported $3.2B of total debt against $657M of cash; operating income covered interest expense 4.2×.

What is AXTA's profit margin?

In FY2025, gross margin was 34.4%, operating margin 14.4%, and net margin 7.4%.

What is AXTA's P/E ratio?

As of Jun '26, Axalta Coating Systems Ltd. traded at a price-to-earnings ratio of about 19.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.