Axalta Financial Statements From 2010 to 2024

AXTA Stock  USD 36.04  0.17  0.47%   
Axalta Coating financial statements provide useful quarterly and yearly information to potential Axalta Coating Systems investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Axalta Coating financial statements helps investors assess Axalta Coating's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Axalta Coating's valuation are summarized below:
Gross Profit
1.4 B
Profit Margin
0.0476
Market Capitalization
B
Enterprise Value Revenue
1.8957
Revenue
5.2 B
We have found one hundred twenty available fundamental signals for Axalta Coating Systems, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to validate all of Axalta Coating Systems prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road.

Axalta Coating Total Revenue

4.82 Billion

Check Axalta Coating financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Axalta main balance sheet or income statement drivers, such as Depreciation And Amortization of 313.2 M, Interest Expense of 162 M or Selling General Administrative of 705.4 M, as well as many exotic indicators such as Price To Sales Ratio of 1.14, Dividend Yield of 0.0 or PTB Ratio of 3.88. Axalta financial statements analysis is a perfect complement when working with Axalta Coating Valuation or Volatility modules.
  
This module can also supplement Axalta Coating's financial leverage analysis and stock options assessment as well as various Axalta Coating Technical models . Check out the analysis of Axalta Coating Correlation against competitors.

Axalta Coating Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding187 M221.9 M230.3 M
Slightly volatile
Total AssetsB7.3 BB
Slightly volatile
Short and Long Term Debt Total3.7 B3.5 BB
Slightly volatile
Other Current Liabilities710.7 M676.9 M268.9 M
Slightly volatile
Total Current Liabilities1.2 B1.4 BB
Slightly volatile
Total Stockholder Equity1.5 B1.7 B1.4 B
Very volatile
Other Liabilities497.1 M489.7 M451.1 M
Slightly volatile
Property Plant And Equipment NetB1.3 B1.2 B
Slightly volatile
Current Deferred Revenue27 M28.4 M266.5 M
Slightly volatile
Accounts Payable588.9 M665.3 M519.5 M
Slightly volatile
Cash725.8 M699.8 M580.1 M
Slightly volatile
Non Current Assets Total4.5 B4.5 B3.8 B
Slightly volatile
Non Currrent Assets Other333.3 M249.5 M270.9 M
Slightly volatile
Other Assets531.5 M531.8 M443.9 M
Slightly volatile
Cash And Short Term Investments725.8 M699.8 M580.1 M
Slightly volatile
Net Receivables986.1 M1.3 B890.5 M
Slightly volatile
Good Will1.3 B1.6 B1.1 B
Slightly volatile
Liabilities And Stockholders EquityB7.3 BB
Slightly volatile
Non Current Liabilities Total4.3 B4.1 B3.5 B
Slightly volatile
Inventory663.1 M741.1 M589.2 M
Slightly volatile
Other Current Assets120.4 M117.2 M101.9 M
Slightly volatile
Other Stockholder Equity881.2 M631.6 M1.2 B
Slightly volatile
Total Liabilities5.5 B5.5 B4.5 B
Slightly volatile
Property Plant And Equipment Gross1.8 B2.6 B1.5 B
Slightly volatile
Total Current Assets2.5 B2.8 B2.2 B
Slightly volatile
Short Term Debt47.6 M56.9 M37.8 M
Slightly volatile
Intangible Assets1.3 B1.1 BB
Slightly volatile
Property Plant EquipmentB1.1 B1.2 B
Pretty Stable
Long Term DebtB3.5 B3.7 B
Very volatile
Common Stock Total Equity267.1 M290.3 M244.8 M
Slightly volatile
Common Stock268.2 M253.7 M242.5 M
Slightly volatile
Noncontrolling Interest In Consolidated Entity61.1 M41.4 M70.6 M
Pretty Stable
Short Term Investments380 K400 KM
Slightly volatile
Long Term Debt TotalB4.2 B3.7 B
Slightly volatile
Capital Surpluse1.5 B1.8 B1.4 B
Slightly volatile
Deferred Long Term Liabilities123.9 M145.9 M166.4 M
Slightly volatile
Long Term Investments1.5 M1.5 M5.2 M
Slightly volatile
Short and Long Term Debt44.7 M25.7 M37.5 M
Slightly volatile
Non Current Liabilities Other239.7 M179 M303.6 M
Slightly volatile
Net Invested Capital5.7 B5.2 B5.2 B
Slightly volatile
Net Working Capital1.5 B1.4 B1.3 B
Slightly volatile
Capital Stock275.7 M253.7 M249.5 M
Slightly volatile
Capital Lease Obligations31.9 M31.2 M29.4 M
Pretty Stable

Axalta Coating Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization313.2 M275.6 M274.9 M
Slightly volatile
Selling General Administrative705.4 M826 M869.2 M
Slightly volatile
Total Revenue4.8 B5.2 B4.4 B
Slightly volatile
Gross Profit5.4 B5.2 B1.9 B
Slightly volatile
Other Operating Expenses868.4 M914.1 M3.5 B
Slightly volatile
Operating Income429.4 M587.5 M388.4 M
Slightly volatile
EBIT407.7 M587.5 M370.1 M
Slightly volatile
Research Development64.1 M74 M58 M
Slightly volatile
EBITDA697.5 M587.5 M625 M
Slightly volatile
Cost Of Revenue3.2 B3.6 BB
Slightly volatile
Total Operating Expenses831.3 M914.1 MB
Pretty Stable
Net Income Applicable To Common Shares162.4 M220.3 M158.2 M
Pretty Stable
Net Income From Continuing Ops166.2 M238.8 M121.1 M
Slightly volatile
Non Recurring67.3 M81.5 M65.3 M
Slightly volatile
Tax Provision52.4 M71.5 M63.9 M
Very volatile
Interest Income160.6 M156.3 M219.5 M
Slightly volatile
Reconciled Depreciation261.7 M280.5 M332.3 M
Slightly volatile

Axalta Coating Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation22.1 M26.2 M19.2 M
Slightly volatile
Free Cash Flow346.5 M437.4 M303.6 M
Slightly volatile
Begin Period Cash Flow617.4 M654.9 M529.1 M
Slightly volatile
Depreciation316.8 M275.6 M277.9 M
Slightly volatile
Capital Expenditures140.7 M137.9 M128.6 M
Very volatile
Total Cash From Operating Activities487.2 M575.3 M432.1 M
Slightly volatile
End Period Cash Flow674.8 M703.1 M577.9 M
Slightly volatile
Dividends Paid17.4 M16.6 M5.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.141.44821.3859
Slightly volatile
PTB Ratio3.884.34634.5225
Slightly volatile
Days Sales Outstanding59.688.706572.8056
Slightly volatile
Book Value Per Share4.627.81585.8939
Very volatile
Free Cash Flow Yield0.03980.05830.0473
Slightly volatile
Invested Capital2.142.04682.278
Slightly volatile
Operating Cash Flow Per Share1.532.60321.8255
Slightly volatile
Stock Based Compensation To Revenue0.00370.00510.0039
Slightly volatile
PB Ratio3.884.34634.5225
Slightly volatile
EV To Sales1.661.99511.9251
Slightly volatile
Free Cash Flow Per Share1.091.97921.2802
Slightly volatile
ROIC0.07120.08450.0772
Slightly volatile
Inventory Turnover5.384.81125.1035
Slightly volatile
Days Of Inventory On Hand60.2775.864272.1074
Slightly volatile
Payables Turnover6.135.35945.8686
Slightly volatile
Sales General And Administrative To Revenue0.180.20420.2107
Slightly volatile
Research And Ddevelopement To Revenue0.01060.01430.013
Slightly volatile
Cash Per Share2.273.16832.4413
Slightly volatile
POCF Ratio16.3413.049515.3006
Pretty Stable
Interest Coverage1.892.75431.882
Slightly volatile
PFCF Ratio29.6517.163628.1682
Slightly volatile
Days Payables Outstanding53.668.104863.6402
Slightly volatile
EV To Operating Cash Flow22.9517.978419.8363
Slightly volatile
EV To Free Cash Flow41.6623.646535.2187
Very volatile
Intangibles To Total Assets0.290.37410.3374
Slightly volatile
Current Ratio1.671.97642.0237
Pretty Stable
Receivables Turnover5.434.11475.018
Slightly volatile
Graham Number7.4114.58699.6605
Very volatile
Shareholders Equity Per Share4.627.81585.8939
Very volatile
Debt To Equity2.142.04682.278
Slightly volatile
Revenue Per Share15.1623.457518.6929
Pretty Stable
Interest Debt Per Share12.3116.962413.1349
Slightly volatile
Debt To Assets0.410.48620.4352
Slightly volatile
Enterprise Value Over EBITDA15.4711.804313.4516
Very volatile
Short Term Coverage Ratios11.5410.110710.0722
Pretty Stable
Operating Cycle120165145
Slightly volatile
Price Book Value Ratio3.884.34634.5225
Slightly volatile
Days Of Payables Outstanding53.668.104863.6402
Slightly volatile
Price To Operating Cash Flows Ratio16.3413.049515.3006
Pretty Stable
Price To Free Cash Flows Ratio29.6517.163628.1682
Slightly volatile
Operating Profit Margin0.07060.11330.0862
Slightly volatile
Effective Tax Rate0.320.2430.298
Pretty Stable
Company Equity Multiplier3.944.21014.4294
Slightly volatile
Long Term Debt To Capitalization0.810.66820.7502
Slightly volatile
Total Debt To Capitalization0.540.67180.5796
Slightly volatile
Return On Capital Employed0.08930.10050.0966
Slightly volatile
Debt Equity Ratio2.142.04682.278
Slightly volatile
Ebit Per Revenue0.07060.11330.0862
Slightly volatile
Quick Ratio1.141.37311.3671
Slightly volatile
Net Income Per E B T0.540.75390.6663
Pretty Stable
Cash Ratio0.470.49020.5093
Slightly volatile
Cash Conversion Cycle66.2896.465981.2735
Very volatile
Operating Cash Flow Sales Ratio0.080.1110.0971
Slightly volatile
Days Of Inventory Outstanding60.2775.864272.1074
Slightly volatile
Days Of Sales Outstanding59.688.706572.8056
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.540.76030.6512
Slightly volatile
Cash Flow Coverage Ratios0.10.16270.1183
Slightly volatile
Price To Book Ratio3.884.34634.5225
Slightly volatile
Fixed Asset Turnover2.863.95853.8448
Slightly volatile
Price Cash Flow Ratio16.3413.049515.3006
Pretty Stable
Enterprise Value Multiple15.4711.804313.4516
Very volatile
Debt Ratio0.410.48620.4352
Slightly volatile
Cash Flow To Debt Ratio0.10.16270.1183
Slightly volatile
Price Sales Ratio1.141.44821.3859
Slightly volatile
Asset Turnover0.80.71290.8316
Slightly volatile
Gross Profit Margin0.260.31220.3243
Very volatile
Price Fair Value3.884.34634.5225
Slightly volatile

Axalta Coating Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB6.9 B6.6 B
Slightly volatile
Enterprise Value6.6 B7.4 BB
Slightly volatile

Axalta Fundamental Market Drivers

Forward Price Earnings16.8067
Cash And Short Term Investments699.8 M

Axalta Upcoming Events

8th of February 2024
Upcoming Quarterly Report
View
7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
8th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Axalta Coating Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Axalta Coating income statement, its balance sheet, and the statement of cash flows. Axalta Coating investors use historical funamental indicators, such as Axalta Coating's revenue or net income, to determine how well the company is positioned to perform in the future. Although Axalta Coating investors may use each financial statement separately, they are all related. The changes in Axalta Coating's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Axalta Coating's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Axalta Coating Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Axalta Coating. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue28.4 M27 M
Total Revenue5.2 B4.8 B
Cost Of Revenue3.6 B3.2 B
Stock Based Compensation To Revenue 0.01  0 
Sales General And Administrative To Revenue 0.20  0.18 
Research And Ddevelopement To Revenue 0.01  0.01 
Capex To Revenue(0.03)(0.03)
Revenue Per Share 23.46  15.16 
Ebit Per Revenue 0.11  0.07 

Pair Trading with Axalta Coating

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Axalta Coating position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Axalta Coating will appreciate offsetting losses from the drop in the long position's value.

Moving together with Axalta Stock

  0.71DD Dupont De Nemours Sell-off TrendPairCorr

Moving against Axalta Stock

  0.44KOP Koppers HoldingsPairCorr
The ability to find closely correlated positions to Axalta Coating could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axalta Coating when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Axalta Coating - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Axalta Coating Systems to buy it.
The correlation of Axalta Coating is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Axalta Coating moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axalta Coating Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Axalta Coating can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Axalta Coating Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axalta Coating's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Axalta Coating Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axalta Coating Systems Stock:
Check out the analysis of Axalta Coating Correlation against competitors.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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Is Axalta Coating's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Axalta Coating. If investors know Axalta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Axalta Coating listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Earnings Share
1.12
Revenue Per Share
23.527
Quarterly Revenue Growth
0.008
Return On Assets
0.0591
The market value of Axalta Coating Systems is measured differently than its book value, which is the value of Axalta that is recorded on the company's balance sheet. Investors also form their own opinion of Axalta Coating's value that differs from its market value or its book value, called intrinsic value, which is Axalta Coating's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Axalta Coating's market value can be influenced by many factors that don't directly affect Axalta Coating's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Axalta Coating's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axalta Coating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axalta Coating's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.