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Axalta Coating Systems Ltd

Basic Materials US AXTA

33.88USD
0.14(0.41%)

Last update at 2025-01-13T19:00:00Z

Day Range

33.4633.91
LowHigh

52 Week Range

30.4041.66
LowHigh

Fundamentals

  • Previous Close 33.74
  • Market Cap8687.63M
  • Volume403974
  • P/E Ratio26.92
  • Dividend Yield-%
  • EBITDA1055.20M
  • Revenue TTM5262.10M
  • Revenue Per Share TTM23.93
  • Gross Profit TTM 1418.80M
  • Diluted EPS TTM1.48

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 257.30M 340.50M 122.20M 330.00M 267.50M
Minority interest -0.60000M -0.50000M 0.40M 3.60M 6.20M
Net income 191.60M 263.90M 121.60M 249.00M 207.10M
Selling general administrative 772.40M 738.70M 695.00M 822.10M 959.10M
Selling and marketing expenses - - - - -
Gross profit 1418.80M 1428.90M 1279.70M 1564.30M 1589.70M
Reconciled depreciation 303.10M 316.50M 320.30M 353.00M 369.10M
Ebit 423.20M 462.40M 305.50M 488.20M 427.10M
Ebitda 700.20M 791.20M 592.40M 845.60M 796.20M
Depreciation and amortization 277.00M 328.80M 286.90M 357.40M 369.10M
Non operating income net other -26.10000M 12.30M -33.40000M 4.40M -15.00000M
Operating income 423.20M 462.40M 305.50M 488.20M 442.10M
Other operating expenses 4461.20M 3953.80M 3432.10M 3994.00M 4253.90M
Interest expense 139.80M 134.20M 149.90M 162.60M 159.60M
Tax provision 65.10M 76.10M 0.20M 77.40M 54.20M
Interest income - - - 173.70M 176.70M
Net interest income -139.80000M -134.20000M -149.90000M -162.60000M -159.60000M
Extraordinary items - - - - 12.50M
Non recurring - - - - -
Other items - - - - -
Income tax expense 65.10M 76.10M 0.20M 77.40M 54.20M
Total revenue 4884.40M 4416.20M 3737.60M 4482.20M 4696.00M
Total operating expenses 995.60M 966.50M 974.20M 1076.10M 1147.60M
Cost of revenue 3465.60M 2987.30M 2457.90M 2917.90M 3106.30M
Total other income expense net -165.90000M -121.90000M -183.30000M -158.20000M -15.00000M
Discontinued operations - - - - -
Net income from continuing ops 192.20M 264.40M 122.00M 252.60M 213.30M
Net income applicable to common shares 191.60M 263.90M 121.60M 249.00M 207.10M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 7272.10M 7059.20M 7217.20M 7157.20M 6818.00M
Intangible assets 1129.70M 1112.30M 1278.20M 1148.80M 1223.90M
Earning assets - - - - -
Other current assets 120.50M 140.80M 127.80M 135.30M 134.20M
Total liab 5499.30M 5559.70M 5678.50M 5677.40M 5408.40M
Total stockholder equity 1727.30M 1453.50M 1492.90M 1433.00M 1354.20M
Deferred long term liab - 162.10M 174.70M 114.00M 115.50M
Other current liab 643.30M 458.10M 597.80M 562.30M 545.30M
Common stock 253.70M 252.40M 251.80M 250.90M 249.90M
Capital stock 253.70M 252.40M 251.80M 250.90M 249.90M
Retained earnings 1286.20M 1018.80M 827.20M 563.30M 443.20M
Other liab - 425.80M 593.70M 658.00M 454.10M
Good will 1590.90M 1498.00M 1592.70M 1294.90M 1208.90M
Other assets - 462.40M 584.50M 596.00M 491.00M
Cash 699.80M 645.20M 840.60M 1360.90M 1017.50M
Cash and equivalents - - - - -
Total current liabilities 1427.50M 1393.80M 1334.90M 1180.90M 1072.90M
Current deferred revenue 326.60M 162.10M - - -
Net debt 2835.60M 3059.10M 2989.00M 2531.80M 2816.60M
Short term debt 56.90M 40.10M 79.70M 54.20M 43.90M
Short long term debt 25.70M 40.10M 79.70M 54.20M 43.90M
Short long term debt total 3535.40M 3704.30M 3829.60M 3892.70M 3834.10M
Other stockholder equity 631.60M 649.20M 828.30M 1043.60M 1056.60M
Property plant equipment - 1190.20M 1186.20M 1194.50M 1223.00M
Total current assets 2821.30M 2692.70M 2575.60M 2925.90M 2573.40M
Long term investments - - - 1.70M 1.60M
Net tangible assets - -1156.80000M -1378.00000M -1010.70000M -1078.60000M
Short term investments 0.40M - - - -
Net receivables 1259.90M 1067.40M 937.50M 869.80M 830.10M
Long term debt 3478.50M 3664.20M 3749.90M 3838.50M 3790.20M
Inventory 741.10M 829.60M 669.70M 559.90M 591.60M
Accounts payable 665.30M 733.50M 657.40M 564.40M 483.70M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - 46.00M 45.80M 46.80M 55.40M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -444.20000M -466.90000M -414.40000M -424.80000M -395.50000M
Additional paid in capital - - - - -
Common stock total equity - 252.40M 251.80M 250.90M 249.90M
Preferred stock total equity - - - - -
Retained earnings total equity - 1018.80M 827.20M 563.30M 443.20M
Treasury stock - -887.30000M -687.20000M -443.50000M -417.50000M
Accumulated amortization - - - - -
Non currrent assets other 249.90M 400.80M 584.50M 367.80M 424.90M
Deferred long term asset charges - - - - -
Non current assets total 4450.80M 4366.50M 4641.60M 4231.30M 4244.60M
Capital lease obligations 31.20M 28.40M 27.20M 28.80M 29.30M
Long term debt total - 3673.30M 3749.90M 3838.50M 3790.20M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -106.40000M -716.00000M 18.90M 14.70M 9.40M
Change to liabilities 175.50M 140.10M 64.60M 33.10M 73.50M
Total cashflows from investing activities -106.40000M -716.00000M -61.50000M -93.90000M -216.10000M
Net borrowings -153.00000M -100.90000M -62.10000M -67.10000M -87.10000M
Total cash from financing activities -368.90000M -334.50000M -130.90000M -158.40000M -341.30000M
Change to operating activities -43.00000M 6.60M -58.30000M -104.00000M -133.30000M
Net income 192.20M 264.40M 122.00M 252.60M 213.30M
Change in cash -196.30000M -512.80000M 343.50M 324.10M -76.50000M
Begin period cash flow 851.20M 1364.00M 1020.50M 696.40M 772.90M
End period cash flow 654.90M 851.20M 1364.00M 1020.50M 696.40M
Total cash from operating activities 293.80M 558.60M 509.30M 573.10M 496.10M
Issuance of capital stock - - - - -
Depreciation 303.10M 316.50M 320.30M 353.00M 369.10M
Other cashflows from investing activities 19.50M 16.80M 1.70M 3.90M -82.10000M
Dividends paid - - -0.90000M -1.50000M 1.00M
Change to inventory -195.40000M -111.60000M 39.60M 10.80M -48.10000M
Change to account receivables -171.00000M -80.50000M -116.00000M -10.10000M -22.30000M
Sale purchase of stock -200.10000M -243.80000M -26.00000M -105.30000M -253.80000M
Other cashflows from financing activities 1964.20M 10.20M 1157.20M 14.00M -17.80000M
Change to netincome 20.60M 17.20M -40.40000M 22.50M 50.40M
Capital expenditures 150.90M 121.60M 82.10M 112.50M 143.40M
Change receivables -171.00000M -80.50000M -26.00000M -10.10000M -22.30000M
Cash flows other operating -40.80000M -64.80000M 20.20M -97.60000M -147.80000M
Exchange rate changes - - - 3.30M -15.20000M
Cash and cash equivalents changes -181.50000M -491.90000M 316.90M 324.10M -76.50000M
Change in working capital -264.40000M -45.40000M 58.30M -85.10000M -154.20000M
Stock based compensation 22.20M 14.90M 15.10M 15.70M 37.30M
Other non cash items 44.10M -6.80000M 49.00M 21.20M 24.50M
Free cash flow 142.90M 437.00M 427.20M 460.60M 352.70M

Peer Comparison

Sector: Basic Materials Industry: Specialty Chemicals

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
AXTA
Axalta Coating Systems Ltd
0.14 0.41% 33.88 26.92 16.78 1.65 4.57 2.22 12.31
LIN
Linde plc Ordinary Shares
7.68 1.85% 421.83 33.77 28.90 6.56 5.42 7.03 18.92
AIQUF
L'Air Liquide S.A
- -% 160.22 29.39 24.69 3.41 3.97 3.87 15.91
AIQUY
Air Liquide SA ADR
0.04 0.12% 32.05 30.34 23.04 3.63 3.77 3.88 15.62
SHW
Sherwin-Williams Co
2.25 0.68% 332.41 33.33 27.40 3.38 20.60 3.88 21.36

Reports Covered

Stock Research & News

Profile

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 manufacturer (OEM) dealership body shops. In addition, the company provides functional and decorative liquid, and powder coatings used in various industrial applications, including building materials, cabinet, wood and luxury vinyl flooring and furniture market under the Voltatex, AquaEC, Durapon, Hydropon, UNRIVALED, Ceranamel, Industrial, Corlar Industrial, Tufcote, Imron Industrial, Alesta, Teodur, Nap-Gard, Abcite, and Plascoat brands for powder coatings. 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, and rail under the Imron, Imron Elite, Centari, Rival, Corlar epoxy undercoats, and AquaEC brands. The company offers products under the Audurra, Abcite, Alesta, AquaEC, Centari, Ceranamel, 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 Glen Mills, Pennsylvania.

Axalta Coating Systems Ltd

50 Applied Bank Blvd, Glen Mills, PA, United States, 19342

Key Executives

Name Title Year Born
Mr. Rakesh Sachdev Pres, Interim CEO & Director 1956
Mr. Sean M. Lannon Sr. VP & CFO 1979
Mr. Brian A. Berube Sr. VP, Gen. Counsel & Corp. Sec. 1962
Ms. Jacqueline D. Scanlan Sr. VP & Chief HR Officer 1973
Ms. Shelley J. Bausch Sr. VP of Global Industrial Coatings 1966
Dr. Keith C. Silverman Ph.D. Sr. VP and Chief Operations & Supply Chain Officer 1967
Dr. Robert Roop VP & CTO NA
Mr. Ashish Jawadiwar VP and Chief Information & Digital Officer NA
Dr. Christopher Mark Evans Ph.D. VP of Investor Relations NA
Ms. Tabitha Oman VP, Deputy Gen. Counsel & Chief Compliance Officer NA

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