Name: AXTA Income Statement - Axalta Coating Systems Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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AXTA - Axalta Coating Systems Ltd.

USD | NYSE | Basic Materials

AXTA Income Statement - Axalta Coating Systems Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16	Q2 FY 16
Revenues
Revenues	1,254.0	1,262.0	1,288.0	1,305.0	1,262.0	1,311.0	1,320.0	1,351.0	1,294.0	1,297.0	1,309.0	1,294.0	1,284.0	1,236.3	1,238.7	1,234.9

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014
Revenues
Revenues	5,109.0	5,117.0	5,276.0	5,184.0	4,884.0	4,416.2	3,737.6	4,482.2	4,696.0	4,377.0	4,092.7	4,110.0	4,391.5
Cost of Revenue	3,364.0	3,355.0	3,478.0	3,566.0	3,466.0	2,987.3	2,457.9	2,917.9	3,106.3	2,780.5	2,528.8	2,597.3	2,897.2
Gross Profit	1,745.0	1,762.0	1,798.0	1,618.0	1,418.0	1,428.9	1,279.7	1,564.3	1,589.7	1,596.5	1,563.9	1,512.7	1,494.3
Operating Expenses
Research & Development	72.0	71.0	74.0	74.0	66.0	62.4	55.2	70.2	73.1	65.3	57.7	51.6	49.5
Selling General & Administrative
Operating Income
Operating Income	705.0	735.0	706.0	588.0	423.0	462.4	305.5	488.2	442.1	363.7	405.1	465.6	369.5
Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	170.0
Tax & Net
Income Tax Expense	151.0	167.0	105.0	86.0	65.0	76.1	0.2	77.4	54.2	141.9	38.1	62.1	2.1
Net Income From Continuing Ops
Per Share
EPS Basic	1.73	1.75	1.78	1.21	0.86	1.14	0.52	1.06	0.87	0.15	0.16	0.39	0.12
EPS Diluted	1.72
Supplementary Data
EBITDA	1,006.0	1,030.0	986.0	863.6	726.1	778.9	625.8	841.2	811.2	711.2	727.2	773.3	678.2
EBIT	705.0

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	18.0	16.0	18.0	20.0	17.0	19.0	19.0	18.0	18.0	18.0	18.0	19.0	19.0	16.4	16.5	16.7	16.4	15.6	15.4	15.8	15.6	14.0	13.4	11.2	16.6	16.7	17.4	17.9	18.2	18.8	17.0	18.0	19.3	16.7	16.6	16.4	15.6	16.1	14.9	14.1
Selling General & Administrative	200.0	198.0	197.0	208.0	202.0	216.0	211.0	213.0	207.0	215.0	209.0	210.0	206.0	200.4	186.4	191.7
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	76.0	77.0	74.0	74.0	70.0	73.0	71.0	68.0	68.0	68.7	71.2	66.2	69.5	73.6	74.5	77.3
Amortization of Intangibles	26.0	25.0	25.0	24.0	24.0	24.0	24.0	22.0	22.0	22.0	20.0	21.0	25.0	30.1	30.4	31.7
Other Operating Expenses	(26.0)	(21.0)	(6.0)	(12.0)	(14.0)	(1.0)	(15.0)	(2.0)	(61.0)	(6.0)	(13.0)	(2.0)	(7.0)	(14.2)	(5.3)	(4.8)	(7.7)
Total Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Operating Income
Operating Income	146.0	162.0	204.0	193.0	176.0	187.0	193.0	205.0	121.0	162.0	163.0	138.0	125.0	109.6	123.5	103.6	86.3	94.7	124.7	190.4	52.6	163.2	141.7	(64.5)	65.1	108.7	123.0	157.9	98.6	127.8	47.8	146.5	120.0	101.9	103.9	47.5	110.4	34.9	117.4	149.5

Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	38.0	42.0	45.0	45.0	44.0	47.0	54.0	50.0	54.0	55.3	55.1	54.6	48.0	38.7	35.0	33.5	32.6	33.5
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	(3.0)	(1.0)	(4.0)	(5.0)	(3.0)	(1.0)	3.0	1.0	(8.0)	(5.0)	(5.0)	(9.0)	(1.0)	(13.6)	(3.4)	(7.2)	(1.8)
Pre-Tax Income	105.0	119.0	155.0	143.0	129.0	139.0	142.0	156.0	59.0	102.0	103.0	74.0	76.0	57.1	85.1	62.9

Tax & Net
Income Tax Expense	14.0	59.0	45.0	33.0	30.0	2.0	40.0	43.0	20.0	28.0	30.0	13.0	15.0	13.4	21.8	18.8	11.0	9.2	24.4	38.7	3.8	22.9	17.1	(15.2)	(24.6)	27.0	18.3	17.9	14.2	6.3	14.1	22.0	11.8	120.4	2.1	9.5	9.9	15.6	(7.5)	16.6
Net Income From Continuing Ops	91.0	60.0	110.0	110.0	99.0	137.0	102.0	113.0	39.0	74.0	73.0	61.0	61.0	43.7	63.3	44.1	40.9
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	91.0	60.0	110.0	110.0	99.0	137.0	102.0	113.0	39.0	74.0	73.0	61.0	61.0	43.7	63.3	44.1	40.9
Net Income Attributable To Parent	90.0	60.0	110.0	109.0	99.0	137.0	101.0	112.0	41.0	73.0	72.0	61.0	61.0	44.0	62.4	44.1
Less: Minority Interest	1.0	0.0	0.0	1.0	0.0	0.0	1.0	1.0	(2.0)	1.0	1.0	0.0	0.0	(0.3)	0.9	0.0	(0.6)
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	90.0	60.0	110.0	109.0	99.0	137.0	101.0	112.0	41.0	73.0	72.0	61.0	61.0	44.0	62.4

Per Share
EPS Basic	0.42	-	0.51	0.50	0.45	-	0.46	0.51	0.18	-	0.33	0.27	0.27	-	0.28	0.20	0.18	-	0.30	0.54	0.06	-	0.35	(0.35)	0.22	-	0.28	0.42	0.19	-	(0.05)	0.31	0.29	-	0.23	(0.09)	0.27	-	(0.03)	0.21
EPS Diluted	0.42	-	0.51	0.50	0.45	-	0.46	0.51	0.18	-	0.33	0.27	0.27	-	0.28	0.20	0.18	-
Shares Basic	213.6	-	215.0	217.6	218.3	-	218.9	219.9	220.3	-	221.0	221.6	221.2	-	220.6	221.0	224.7	-
Shares Diluted	214.6	-	215.9	218.3	219.4	-	219.9	220.9	221.3	-	221.9	222.5	222.1	-	221.2	221.4	225.2	-

Supplementary Data
EBITDA	222.0	239.0	278.0	267.0	246.0	260.0	264.0	273.0	189.0	230.7	234.2	204.2	194.5	183.2	198.0	180.9	164.0	176.5	204.0	269.4	129.0	284.8	222.1	(32.8)	151.7	286.2	163.2	201.6	190.2	222.0	140.6	236.7	211.9	193.5	192.5	132.4	192.8	121.2	198.6	228.1
EBIT	146.0	162.0	204.0	193.0	176.0	187.0	193.0	205.0	121.0	162.0	163.0	138.0	125.0	109.6	123.5	103.6	86.3	94.7	124.7