← Axalta Coating Systems Ltd.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $4.1b |
$4.4b
+6.86%
|
$4.7b
+7.28%
|
$4.5b
-4.02%
|
$3.7b
-16.61%
|
$4.4b
+18.16%
|
$4.9b
+10.60%
|
$5.2b
+6.14%
|
$5.3b
+1.77%
|
$5.1b
-3.01%
|
$5.2b
+0.64%
|
|
| Cost of Revenue | $2.5b |
$2.8b
+9.97%
|
$3.1b
+11.75%
|
$2.9b
-6.07%
|
$2.5b
-15.76%
|
$3.0b
+21.54%
|
$3.5b
+16.01%
|
$3.6b
+2.89%
|
$3.5b
-2.46%
|
$3.4b
-3.54%
|
$3.4b
+1.25%
|
|
| Gross Profit (Calculated) | $1.6b |
$1.6b
+1.76%
|
$1.6b
-2.13%
|
$1.6b
+0.06%
|
$1.3b
-18.19%
|
$1.4b
+11.66%
|
$1.4b
-0.71%
|
$1.6b
+14.08%
|
$1.8b
+11.09%
|
$1.8b
-2.00%
|
— | |
| Research and Development Expense | $57.7m | $65.3m | $73.1m | $70.2m | $55.2m | $62.4m | $66.4m | $74.0m | $74.0m | $71.0m | $70.0m | |
| Selling, General and Administrative Expense | $962.5m | $997.7m | $959.1m | $822.1m | $695.0m | $738.7m | $772.4m | $840.1m | $847.0m | $805.0m | $808.0m | |
| Amortization of Intangible Assets | $83.4m | $101.2m | $115.4m | $113.1m | $113.2m | $121.4m | $125.3m | $88.5m | $92.0m | $98.0m | — | |
| Restructuring Costs | — | — | — | — | — | — | — | $6.8m | $1.0m | $6.0m | — | |
| Operating Income (Loss) | $408.3m |
$362.3m
-11.27%
|
$442.1m
+22.03%
|
$488.2m
+10.43%
|
$305.5m
-37.42%
|
$462.4m
+51.36%
|
$423.2m
-8.48%
|
$587.5m
+38.82%
|
$706.0m
+20.17%
|
$735.0m
+4.11%
|
$679.0m
-7.62%
|
|
| Other Operating Income (Expense), Net | $408.3m | $362.3m | $442.1m | $488.2m | $305.5m | $462.4m | ($31.5m) | $587.5m | ($79.0m) | ($53.0m) | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($35.5m) | $3.6m | ($17.3m) | ($5.9m) | ($3.9m) | ($10.1m) | ($15.5m) | ($21.4m) | ($11.0m) | ($31.0m) | — | |
| Other Nonoperating Income (Expense) | ($4.7m) | $2.7m | $3.7m | $12.9m | $8.2m | $15.4m | $3.8m | $13.1m | $11.0m | $4.0m | — | |
| Interest Expense (non-operating) | $178.2m | $147.0m | $159.6m | $162.6m | $149.9m | $134.2m | $139.8m | $213.3m | $205.0m | $176.0m | $162.0m | |
| Income (Loss) from Equity Method Investments | $200k | $1.0m | $300k | $300k | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | ($142.7m) | ($25.7m) | ($15.0m) | $4.4m | ($33.4m) | $12.3m | ($26.1m) | ($19.5m) | ($5.0m) | ($13.0m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $31.9m | $41.8m | $194.8m | $223.4m | $85.4m | $173.3m | $137.9m | $149.8m | $203.0m | $29.0m | $513.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $87.4m | $189.6m | $267.5m | $330.0m | $122.2m | $340.5m | $257.3m | $354.7m | $496.0m | $546.0m | $513.0m | |
| Current Income Tax Expense (Benefit) | $54.0m | $50.2m | $48.1m | $61.7m | $55.6m | $61.1m | $68.5m | $94.6m | $122.0m | $122.0m | $163.0m | |
| Income Tax Expense (Benefit) | $39.8m | $141.9m | $54.2m | $77.4m | $200k | $76.1m | $65.1m | $86.2m | $105.0m | $167.0m | $163.0m | |
| Net Income (Loss) Attributable to Parent | $41.8m |
$36.7m
-12.20%
|
$207.1m
+464.31%
|
$249.0m
+20.23%
|
$121.6m
-51.16%
|
$263.9m
+117.02%
|
$191.6m
-27.40%
|
$267.4m
+39.56%
|
$391.0m
+46.22%
|
$378.0m
-3.32%
|
$349.0m
-7.67%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $5.8m | $11.0m | $6.2m | $3.6m | $400k | $500k | $600k | $1.1m | $0 | $1.0m | $349.0m | |
| Earnings Per Share, Basic | $0.18 | $0.15 | $0.87 | $1.06 | $0.52 | $1.14 | $0.86 | $1.21 | $1.78 | $1.75 | $1.63 | |
| Earnings Per Share, Diluted | $0.17 | $0.15 | $0.85 | $1.06 | $0.52 | $1.14 | $0.86 | $1.21 | $1.78 | $1.74 | $1.63 | |
| Weighted Average Number of Shares Outstanding, Basic | 238.1m | 240.4m | 239.0m | 233.9m | 235.2m | 231.0m | 221.7m | 221.0m | 219.3m | 216.0m | 213.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | 244.4m | 246.1m | 242.9m | 235.8m | 236.0m | 231.9m | 222.3m | 221.9m | 220.4m | 217.0m | 214.9m | |
| Additional Financial Items | ||||||||||||
| Other Cost and Expense, Operating | — | — | — | — | — | — | — | $28.4m | — | — | — | |
| Other General Expense | — | — | — | $70.7m | — | — | — | — | — | — | — | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | — | — | — | — | — | — | $9.2m | $9.0m | $12.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.