Axalta Coating (AXTA) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
5.3B
Gross Profit
1.8B
34.08%
Operating Income
706.0M
13.38%
Net Income
391.0M
7.41%
EPS (Diluted)
$1.78
Balance Sheet Metrics
Total Assets
7.2B
Total Liabilities
5.3B
Shareholders Equity
2.0B
Debt to Equity
2.71
Cash Flow Metrics
Operating Cash Flow
654.0M
Free Cash Flow
436.0M
Revenue & Profitability Trend
Axalta Coating Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 5.3B | 5.2B | 4.9B | 4.4B | 3.7B |
| Cost of Goods Sold | 3.5B | 3.6B | 3.5B | 3.0B | 2.5B |
| Gross Profit | 1.8B | 1.6B | 1.4B | 1.4B | 1.3B |
| Operating Expenses | 1.0B | 942.5M | 870.3M | 845.1M | 861.0M |
| Operating Income | 706.0M | 587.5M | 423.2M | 462.4M | 305.5M |
| Pre-tax Income | 496.0M | 354.7M | 257.3M | 340.5M | 122.2M |
| Income Tax | 105.0M | 86.2M | 65.1M | 76.1M | 200.0K |
| Net Income | 391.0M | 268.5M | 192.2M | 264.4M | 122.0M |
| EPS (Diluted) | $1.78 | $1.21 | $0.86 | $1.14 | $0.52 |
Income Statement Trend
Axalta Coating Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 2.7B | 2.8B | 2.7B | 2.6B | 2.9B |
| Non-Current Assets | 4.5B | 4.5B | 4.4B | 4.6B | 4.2B |
| Total Assets | 7.2B | 7.3B | 7.1B | 7.2B | 7.2B |
| Liabilities | |||||
| Current Liabilities | 1.4B | 1.4B | 1.4B | 1.3B | 1.2B |
| Non-Current Liabilities | 3.9B | 4.1B | 4.2B | 4.3B | 4.5B |
| Total Liabilities | 5.3B | 5.5B | 5.6B | 5.7B | 5.7B |
| Equity | |||||
| Total Shareholders Equity | 2.0B | 1.8B | 1.5B | 1.5B | 1.5B |
Balance Sheet Composition
Axalta Coating Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 391.0M | 268.5M | 192.2M | 264.4M | 122.0M |
| Operating Cash Flow | 654.0M | 570.4M | 300.2M | 546.3M | 592.7M |
| Investing Activities | |||||
| Capital Expenditures | -140.0M | -137.9M | -150.9M | -121.6M | -82.1M |
| Investing Cash Flow | -455.0M | -215.3M | -126.3M | -734.0M | -76.0M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -210.0M | -372.3M | -459.7M | -422.9M | -174.0M |
| Free Cash Flow | 436.0M | 437.4M | 142.9M | 437.0M | 427.2M |
Cash Flow Trend
Axalta Coating Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
14.18
Forward P/E
12.01
Price to Book
3.06
Price to Sales
1.21
PEG Ratio
12.01
Profitability Ratios
Profit Margin
8.56%
Operating Margin
14.58%
Return on Equity
23.15%
Return on Assets
6.78%
Financial Health
Current Ratio
2.12
Debt to Equity
161.07
Beta
1.28
Per Share Data
EPS (TTM)
$2.05
Book Value per Share
$9.50
Revenue per Share
$23.97
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| axta | 6.4B | 14.18 | 3.06 | 23.15% | 8.56% | 161.07 |
| Linde plc | 216.0B | 33.33 | 5.69 | 17.01% | 20.02% | 60.56 |
| Sherwin-Williams | 86.6B | 32.64 | 20.88 | 70.22% | 11.63% | 329.97 |
| Eastman Chemical | 8.7B | 9.56 | 1.47 | 16.03% | 9.85% | 86.00 |
| Westlake | 9.7B | 25.39 | 0.94 | 3.92% | 3.23% | 49.95 |
| Albemarle | 6.7B | 33.52 | 0.86 | -9.99% | -22.39% | 35.76 |
Financial data is updated regularly. All figures are in the company's reporting currency.