Axalta Coating Systems Ltd. (AXTA) Financials

NYSE:AXTA

Market Cap

6.06B

Total Revenue

4.88B

Gross Profit

1.42B

Operating Income

423.20M

Net Income

191.60M

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	3,986,800,000	4,391,500,000	4,113,300,000	4,097,400,000	4,377,000,000	4,696,000,000	4,482,200,000	3,737,600,000	4,416,200,000	4,884,400,000
costOfRevenue	2,772,800,000	2,897,200,000	2,597,300,000	2,527,600,000	2,779,600,000	3,106,300,000	2,917,900,000	2,457,900,000	2,987,300,000	3,465,600,000
grossProfit	1,214,000,000	1,494,300,000	1,516,000,000	1,569,800,000	1,597,400,000	1,589,700,000	1,564,300,000	1,279,700,000	1,428,900,000	1,418,800,000
researchAndDevelopmentExpenses	40,500,000	49,500,000	51,600,000	57,700,000	65,300,000	73,100,000	70,200,000	55,200,000	62,400,000	66,400,000
sellingAndMarketingExpenses	--	--	--	--	--	--	--	--	--	--
generalAndAdministrativeExpenses	1,040,600,000	991,500,000	914,800,000	962,500,000	997,700,000	959,100,000	--	--	--	--
sellingGeneralAndAdministrativeExpenses	1,040,600,000	991,500,000	914,800,000	962,500,000	997,700,000	959,100,000	822,100,000	695,000,000	738,700,000	772,400,000
operatingExpenses	1,161,000,000	1,124,800,000	1,047,100,000	1,103,600,000	1,164,200,000	1,147,600,000	1,076,100,000	974,200,000	966,500,000	995,600,000
operatingIncome	24,900,000	369,500,000	468,900,000	408,300,000	362,300,000	442,100,000	488,200,000	305,500,000	462,400,000	423,200,000
totalOtherIncomeExpensesNet	-76,600,000	-115,000,000	-111,200,000	-200,600,000	-96,600,000	-15,000,000	-158,200,000	-183,300,000	-121,900,000	-165,900,000
ebitda	329,100,000	563,200,000	665,400,000	645,600,000	755,000,000	796,200,000	845,600,000	592,400,000	791,200,000	700,200,000
depreciationAndAmortization	300,700,000	308,700,000	307,700,000	322,100,000	347,500,000	369,100,000	357,400,000	286,900,000	328,800,000	277,000,000
interestIncome	--	--	--	--	--	--	--	--	--	--
interestExpense	215,100,000	217,700,000	196,500,000	178,200,000	147,000,000	159,600,000	162,600,000	149,900,000	134,200,000	139,800,000
incomeBeforeTax	-263,700,000	36,800,000	161,200,000	87,400,000	189,600,000	267,500,000	330,000,000	122,200,000	340,500,000	257,300,000
incomeTaxExpense	-44,800,000	2,100,000	63,300,000	39,800,000	141,900,000	54,200,000	77,400,000	200,000	76,100,000	65,100,000
netIncome	-224,900,000	27,400,000	93,700,000	41,800,000	36,700,000	207,100,000	249,000,000	121,600,000	263,900,000	191,600,000
eps	-0.98	0.12	0.4	0.18	0.15	0.87	1.06	0.52	1.14	0.86
epsdiluted	-0.98	0.12	0.39	0.17	0.15	0.85	1.06	0.52	1.14	0.86
weightedAverageShsOut	229,069,356	229,300,000	233,800,000	238,100,000	240,400,000	239,000,000	233,900,000	235,200,000	231,000,000	221,700,000
weightedAverageShsOutDil	229,069,356	230,300,000	239,700,000	244,400,000	246,100,000	242,900,000	235,800,000	236,000,000	231,900,000	222,300,000
costAndExpenses	3,933,800,000	4,022,000,000	3,644,400,000	3,631,200,000	3,943,800,000	4,253,900,000	3,994,000,000	3,432,100,000	3,953,800,000	4,461,200,000
otherExpenses	400,000	-115,000,000	-111,200,000	-142,700,000	-25,700,000	-15,000,000	183,800,000	224,000,000	165,400,000	156,800,000

Key Facts

Industry

Specialty Chemicals

Sector

Basic Materials

Headquarters

Glen Mills, PA, US

Website

axalta.com

CEO

Mr. Chrishan Anthon Sebastian Villavarayan

Employees

12000

About the Company

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. It operates through two segments, Performance Coatings and Transportation Coatings. The company offers water and solvent-borne products and systems to repair damaged vehicles for independent body shops, multi-shop operators, and original equipment manufacturer (OEM) dealership body shops. It also provides functional and decorative liquid, and powder coatings used in various industrial applications, including architectural cladding and fittings, automotive coatings, general industrial, job coaters, energy solutions, HVAC, appliances, industrial wood, coil, and oil and gas pipelines; and coatings for building materials, cabinet, wood and luxury vinyl flooring, and furniture market under the Voltatex, AquaEC, Durapon, Hydropon, UNRIVALED, Tufcote, and Ceranamel for liquid coatings; and Alesta, Nap-Gard, Abcite, Teodur, and Plascoat brands for powder coatings. In addition, the company 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, bus, and rail under the Imron, Imron Elite, Centari, Rival, Corlar epoxy undercoats, and AquaEC brands. It also sells its product under the Audurra, Challenger, Chemophan, ColorNet, Cromax, Cromax Mosaic, Durapon 70, Duxone, Harmonized Coating Technologies, Imron ExcelPro, Lutophen, Nason, Spies Hecker, Standox, Stollaquid, Syntopal, Syrox, Raptor, U-POL, and Vermeera brand names. 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.