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Axalta Coating Systems Ltd

Axalta Coating Systems Ltd

AXTA · NYSE · Basic Materials / Specialty Chemicals

36.56USD+0.15 (+0.41%)

Price History

Full chart

Market Stats

Previous Close36.41
Open36.50
Day Range36.26 – 36.68
52-Week Range24.94 – 38.61
Volume704.76K
Market Cap6.90B
P/E (TTM)19.91
Forward P/E11.26
EPS1.62
Dividend Yield0.00%
Beta1.24
50-Day Avg35.02
200-Day Avg32.09

About

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. The company operates through two segments, Performance Coatings and Mobility Coatings. It also offers water and solvent-borne products and systems to repair damaged vehicles for independent body shops, multi-shop operators, and original equipment manufacturers (OEM) dealership body shops. In addition, the company provides functional and decorative liquid, and powder coatings for building materials, cabinet, wood and luxury vinyl flooring, and furniture applications under the Imron Industrial, Tufcote Industrial, Corlar Industrial, Strenex Industrial, PercoTop, Voltatex, AquaEC, Durapon, Hydropon, UNRIVALED, Ceranamel, Alesta, Teodur, Nap-Gard, Abcite, and Plascoat brands. Further, it 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, MDT, bus, rail, motorcycles, marine and aviation, trailers, recreational vehicles, and personal sport vehicles under the Imron, Imron Elite, Centari, Rival, Corlar epoxy undercoats, and AquaEC brands. The company also offers products under the Audurra, Abcite, Alesta, AquaEC, Axalta Irus Mix, Axalta Irus Scan, Axalta NextJet, Axalta Nimbus, Centari, Ceranamel, Challenger, Chemophan, ColorNet, Cromax, Cromax Mosaic, Durapon 70, Duxone, Harmonized Coating Technologies, Hydropon, Imron ExcelPro, Imron Elite, Imron, Lutophen, Nap-Gard, Nason, Spies Hecker, Standox, Stollaquid, Syntopal, Syrox, Raptor, Rival, U-POL, and Vermeera brands. 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.

Company Details

  • SectorBasic Materials
  • IndustrySpecialty Chemicals
  • CEOMr. Chrishan Anthon Sebastian Villavarayan
  • Employees12.20K
  • Headquarters1050 Constitution Avenue, Philadelphia, PA, United States, 19112, USA
  • Websitehttps://www.axalta.com

Leadership

  • Mr. Chrishan Anthon Sebastian VillavarayanCEO, President & Director · b. 1970
  • Mr. Carl D. Anderson IISenior VP & CFO · b. 1970
  • Mr. Hadi H. AwadaPresident of Global Mobility Coatings · b. 1979
  • Mr. Troy D. WeaverPresident of Global Refinish · b. 1972
  • Mr. Timothy Earl Joseph BowesPresident of Global Industrial Coatings · b. 1963
  • Dr. Robert RoopSenior VP & CTO
  • Ms. Colleen LubicVice President of Investor Relations
  • Mr. Alex Tablin-Wolf J.D.Senior VP, General Counsel & Corporate Secretary · b. 1984
  • Ms. Patricia MorschelSenior VP & Chief Marketing Officer
  • Ms. Amy TufanoSenior VP & Chief Human Resources Officer · b. 1981

Financials

Income Statement

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue4.32B4.26B3.99B4.39B4.11B4.09B4.38B4.70B4.48B3.74B4.42B4.88B5.18B5.28B5.12B
Growth (%)--1.37%-6.34%+10.15%-6.41%-0.42%+6.95%+7.29%-4.55%-16.61%+18.16%+10.59%+6.14%+1.77%-3.01%
Cost of Revenue3.07B2.93B2.77B2.90B2.60B2.53B2.78B3.11B2.92B2.46B2.99B3.47B3.56B3.48B3.45B
Gross Profit1.24B1.32B1.21B1.49B1.51B1.56B1.60B1.59B1.56B1.28B1.43B1.42B5.18B1.80B1.67B
Gross Margin28.76%31.11%30.45%34.03%36.81%38.21%36.47%33.85%34.90%34.24%32.36%29.03%100.00%34.08%32.64%
Operating Expense918.70M914.90M1.19B1.12B1.05B1.16B1.23B1.15B1.08B974.20M966.50M995.00M4.60B1.09B906.00M
Operating Income322.60M409.30M24.90M369.50M465.60M405.10M363.70M442.10M488.20M305.50M462.40M423.00M587.50M706.00M764.00M
Operating Margin7.47%9.62%0.62%8.41%11.33%9.90%8.31%9.41%10.89%8.17%10.47%8.66%11.33%13.38%14.93%
EBITDA411.10M520.00M252.10M563.20M662.10M583.00M684.10M796.20M845.60M592.40M791.20M700.00M587.50M981.00M1.03B
EBITDA Margin9.53%12.22%6.32%12.82%16.11%14.24%15.63%16.95%18.87%15.85%17.92%14.33%11.33%18.59%20.21%
Net Income179.40M243.30M-224.90M27.40M91.60M38.80M36.70M207.10M249.00M121.60M263.90M192.00M267.40M391.00M378.00M
Net Income Margin4.16%5.72%-5.64%0.62%2.23%0.95%0.84%4.41%5.56%3.25%5.98%3.93%5.16%7.41%7.39%
R&D49.60M41.50M40.50M49.50M51.60M57.70M65.30M73.10M70.20M55.20M62.40M66.00M74.00M74.00M71.00M
R&D as % of Total Revenue1.15%0.97%1.02%1.13%1.26%1.41%1.49%1.56%1.57%1.48%1.41%1.35%1.43%1.40%1.39%
Interest Expense200.00K0215.10M217.70M196.50M178.20M147.00M159.60M162.60M149.90M134.20M140.00M213.30M205.00M193.00M
Interest Expense % of Total Revenue0.00%0.00%5.40%4.96%4.78%4.35%3.36%3.40%3.63%4.01%3.04%2.87%4.11%3.89%3.77%

Balance Sheet

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-2.88B6.74B6.25B5.85B5.85B6.83B6.68B6.82B7.16B7.22B7.06B7.27B7.25B7.60B
Total Liabilities-1.18B5.53B5.14B4.71B4.60B5.42B5.37B5.41B5.68B5.68B5.56B5.50B5.29B5.21B
Total Equity-1.66B1.14B1.04B1.07B1.14B1.28B1.21B1.35B1.43B1.49B1.50B1.73B1.91B2.35B
Cash-28.70M459.30M382.10M485.00M535.40M769.80M693.60M1.02B1.36B840.60M645.20M703.10M593.00M660.00M
Total Debt-200.00K3.92B3.70B3.44B3.26B3.92B3.86B3.93B4.00B3.86B3.71B3.61B3.52B3.39B
Net Debt--28.50M3.46B3.31B2.96B2.73B3.15B3.17B2.91B2.63B3.02B3.06B2.91B2.93B2.73B

Cash Flow

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow236.20M388.80M376.80M251.40M399.60M559.30M540.00M496.10M573.10M509.30M558.60M293.80M575.30M576.00M649.00M
Investing Cash Flow-116.60M-88.20M-5.01B-178.50M-164.30M-257.00M-689.60M-216.10M-93.90M-61.50M-716.00M-106.40M-205.70M-440.00M-212.00M
Financing Cash Flow-125.10M-290.60M5.10B-123.20M-74.50M-232.60M367.30M-341.30M-158.40M-130.90M-334.50M-368.90M-315.00M-201.00M-401.00M
Capital Expenditure124.40M94.80M107.30M188.60M138.50M136.20M125.00M143.40M112.50M82.10M121.60M150.90M137.90M140.00M196.00M
Free Cash Flow111.80M294.00M269.50M62.80M261.10M423.10M415.00M352.70M460.60M427.20M437.00M142.90M437.40M436.00M453.00M
Dividends Paid---2.20M4.70M3.00M3.00M1.00M1.50M900.00K14.40M0000
FCF to OCF47.33%75.62%71.52%24.98%65.34%75.65%76.85%71.09%80.37%83.88%78.23%48.64%76.03%75.69%69.80%
Dividend Paid to FCF---3.50%1.80%0.71%0.72%0.28%0.33%0.21%3.30%0.00%0.00%0.00%0.00%

Earnings

Report DateNov 11, 2014Mar 10, 2015May 6, 2015Aug 4, 2015Oct 28, 2015Feb 10, 2016Apr 28, 2016Jul 26, 2016Oct 27, 2016Feb 8, 2017Apr 26, 2017Aug 3, 2017Oct 26, 2017Feb 6, 2018Apr 25, 2018Jul 25, 2018Oct 25, 2018Jan 30, 2019Apr 24, 2019Jul 25, 2019Oct 24, 2019Jan 30, 2020May 5, 2020Jul 29, 2020Oct 21, 2020Feb 17, 2021Apr 26, 2021Jul 26, 2021Oct 25, 2021Jan 31, 2022Apr 25, 2022Jul 26, 2022Oct 25, 2022Jan 25, 2023May 2, 2023Aug 1, 2023Nov 1, 2023Feb 8, 2024May 1, 2024Aug 1, 2024Oct 30, 2024Feb 4, 2025May 7, 2025Jul 30, 2025Oct 28, 2025Feb 10, 2026Apr 30, 2026Jul 28, 2026Oct 27, 2026
EPS Estimate-0.220.140.300.270.250.180.340.310.290.240.390.230.300.230.350.290.320.220.430.440.430.29-0.110.330.430.420.460.340.310.260.390.390.350.310.380.380.440.410.510.510.510.550.610.640.600.500.650.71
EPS Actual-0.090.240.240.350.270.240.170.340.320.280.260.310.260.370.270.360.320.340.340.520.520.420.31-0.150.590.580.500.480.390.300.310.410.390.380.350.350.450.430.480.570.590.600.590.640.670.590.560.72-
Surprise-9.09%71.43%16.67%0.00%-4.00%-5.56%0.00%3.23%-3.45%8.33%-20.51%13.04%23.33%17.39%2.86%10.34%6.25%54.55%20.93%18.18%-2.33%6.90%-36.36%78.79%34.88%19.05%4.35%14.71%-3.23%19.23%5.13%0.00%8.57%12.90%-7.89%18.42%-2.27%17.07%11.76%15.69%17.65%7.27%4.92%4.69%-1.67%12.00%10.77%-
TimingAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-

Key Statistics & Ratios

Market Cap6.90B
Enterprise Value9.38B
Trailing P/E19.91
Forward P/E11.26
PEG Ratio2.04
Price / Sales1.34
Price / Book2.75
EPS1.62
Book Value11.79
Revenue (TTM)5.15B
Gross Profit (TTM)1.75B
EBITDA991.00M
Profit Margin6.78%
Operating Margin15.16%
Return on Equity14.34%
Return on Assets6.12%
Shares Outstanding214.02M
Shares Float212.81M
Beta1.24
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 15 analystsTarget 39.33
  • Strong Buy
    5
  • Buy
    1
  • Hold
    9

Ownership Breakdown

Institutions
107.62%
Insiders
0.44%
Retail / Other
0.00%

Top Institutional Holders

  • Artisan Partners Limited Partnership
    31.73M14.83%
  • BlackRock Inc
    19.06M8.91%
  • Barrow Hanley Mewhinney & Strauss LLC
    17.51M8.18%
  • Vanguard Capital Management, LLC
    9.60M4.49%
  • Vanguard Portfolio Management, LLC
    9.52M4.45%
  • Dimensional Fund Advisors, Inc.
    8.09M3.78%
  • D. E. Shaw & Co LP
    6.55M3.06%
  • State Street Corp
    6.46M3.02%
  • FMR Inc
    6.00M2.80%
  • Massachusetts Financial Services Company
    5.63M2.63%
  • Millennium Management LLC
    5.47M2.55%
  • AQR Capital Management LLC
    4.99M2.33%
  • UBS Group AG
    4.39M2.05%
  • Citigroup Inc
    4.16M1.94%
  • Geode Capital Management, LLC
    4.04M1.89%
  • FIFTHDELTA Ltd
    3.49M1.63%

Top Fund Holders

  • Artisan International Value Investor
    14.91M6.97%
  • iShares Core S&P Mid-Cap ETF
    7.50M3.50%
  • Vanguard MStar Total Stk Mkt Idx Invest
    6.81M3.18%
  • Vanguard Small Cap Index
    4.93M2.30%