Axalta Coating Systems Ltd - Understand $axta stock

$AXTA Market Cap: $7.632 Billion

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Financial Snapshot

Revenue

$5.251B

TTM

Gross Margin

33.05%

TTM

Net Earnings

$299.0M

TTM

Current Assets

$3.014B

Q2 2024

Current Liabilities

$1.335B

Q2 2024

Current Ratio

225.77%

Q2 2024

Total Assets

$7.306B

Q2 2024

Total Liabilities

$5.488B

Q2 2024

Book Value

$1.818B

Q2 2024

Cash

$840.0M

Q2 2024

P/E

25.52

Sep 13, 2024 EST

Free Cash Flow

$535.1M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$5.184B	$4.884B	$4.416B	$3.738B	$4.482B	$4.696B	$4.377B	$4.093B	$4.110B	$4.392B	$3.987B	$4.257B	$4.316B	$3.830B	$3.449B
YoY Change	6.14%	10.6%	18.16%	-16.61%	-4.55%	7.29%	6.95%	-0.42%	-6.41%	10.15%	-6.34%	-1.37%	12.69%	11.05%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$5.184B	$4.884B	$4.416B	$3.738B	$4.482B	$4.696B	$4.377B	$4.093B	$4.110B	$4.392B	$3.987B	$4.257B	$4.316B	$3.830B	$3.449B
Cost Of Revenue	$3.566B	$3.466B	$2.987B	$2.458B	$2.918B	$3.106B	$2.781B	$2.529B	$2.597B	$2.897B	$2.773B	$2.933B	$3.075B	$2.676B	$2.446B
Gross Profit	$1.619B	$1.419B	$1.429B	$1.280B	$1.564B	$1.590B	$1.597B	$1.564B	$1.513B	$1.494B	$1.214B	$1.324B	$1.241B	$1.154B	$1.003B
Gross Profit Margin	31.22%	29.05%	32.36%	34.24%	34.9%	33.85%	36.47%	38.21%	36.81%	34.03%	30.45%	31.11%	28.76%	30.13%	29.08%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Selling, General & Admin	$840.1M	$772.4M	$738.7M	$695.0M	$822.1M	$876.4M	$934.7M	$959.8M	$914.8M	$991.5M	$1.041B	$873.4M	$869.1M	$827.6M	$867.9M
YoY Change	8.76%	4.56%	6.29%	-15.46%	-6.2%	-6.24%	-2.62%	4.92%	-7.74%	-4.72%	19.14%	0.49%	5.01%	-4.64%
% of Gross Profit	51.91%	54.44%	51.7%	54.31%	52.55%	55.13%	58.55%	61.37%	60.47%	66.35%	85.72%	65.96%	70.02%	71.73%	86.54%
Research & Development	$74.00M	$66.40M	$62.40M	$55.20M	$70.20M	$73.10M	$65.30M	$57.70M	$51.60M	$49.50M	$40.50M	$41.50M	$49.60M	$52.40M	$59.20M
YoY Change	11.45%	6.41%	13.04%	-21.37%	-3.97%	11.94%	13.17%	11.82%	4.24%	22.22%	-2.41%	-16.33%	-5.34%	-11.49%
% of Gross Profit	4.57%	4.68%	4.37%	4.31%	4.49%	4.6%	4.09%	3.69%	3.41%	3.31%	3.34%	3.13%	4.0%	4.54%	5.9%
Depreciation & Amortization	$275.6M	$303.1M	$316.5M	$320.3M	$353.0M	$183.4M	$176.6M	$176.8M	$169.1M	$176.6M	$300.7M	$110.7M	$108.7M	$0.00	$0.00
YoY Change	-9.07%	-4.23%	-1.19%	-9.26%	92.48%	3.85%	-0.11%	4.55%	-4.25%	-41.27%	171.64%	1.84%
% of Gross Profit	17.03%	21.36%	22.15%	25.03%	22.57%	11.54%	11.06%	11.31%	11.18%	11.82%	24.77%	8.36%	8.76%	0.0%	0.0%
Operating Expenses	$1.031B	$995.6M	$801.1M	$750.2M	$892.3M	$949.5M	$1.000B	$1.018B	$966.4M	$1.041B	$1.161B	$914.9M	$918.7M	$880.0M	$927.1M
YoY Change	3.56%	24.28%	6.78%	-15.93%	-6.02%	-5.05%	-1.72%	5.29%	-7.17%	-10.34%	26.9%	-0.41%	4.4%	-5.08%
Operating Profit	$587.5M	$423.2M	$462.4M	$305.5M	$488.2M	$442.1M	$363.7M	$405.1M	$465.6M	$369.5M	$53.00M	$409.3M	$322.6M	$273.8M	$75.80M
YoY Change	38.82%	-8.48%	51.36%	-37.42%	10.43%	21.56%	-10.22%	-12.99%	26.01%	597.17%	-87.05%	26.88%	17.82%	261.21%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	-$213.3M	-$139.8M	$134.2M	$149.9M	$162.6M	$159.6M	$147.0M	$178.2M	$196.5M	$217.7M	-$166.2M	$17.70M	$23.20M	-$1.100M	-$400.0K
YoY Change	52.58%	-204.17%	-10.47%	-7.81%	1.88%	8.57%	-17.51%	-9.31%	-9.74%	-230.99%	-1038.98%	-23.71%	-2209.09%	175.0%
% of Operating Profit	-36.31%	-33.03%	29.02%	49.07%	33.31%	36.1%	40.42%	43.99%	42.2%	58.92%	-313.58%	4.32%	7.19%	-0.4%	-0.53%
Other Income/Expense, Net	-$19.50M	-$26.10M	$12.30M	-$33.40M	$4.400M	-$15.00M	-$27.10M	-$144.2M	-$111.2M	-$115.0M	-$122.4M	-$34.00M	-$43.60M	-$600.0K	$31.30M
YoY Change	-25.29%	-312.2%	-136.83%	-859.09%	-129.33%	-44.65%	-81.21%	29.68%	-3.3%	-6.05%	260.0%	-22.02%	7166.67%	-101.92%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Pretax Income	$354.7M	$257.3M	$340.5M	$122.2M	$330.0M	$267.5M	$189.6M	$82.70M	$157.9M	$36.80M	-$263.7M	$393.0M	$302.2M	$272.1M	$106.7M
YoY Change	37.85%	-24.43%	178.64%	-62.97%	23.36%	41.09%	129.26%	-47.63%	329.08%	-113.96%	-167.1%	30.05%	11.06%	155.01%
Income Tax	$86.20M	$65.10M	$76.10M	$200.0K	$77.40M	$54.20M	$141.9M	$38.10M	$62.10M	$2.100M	-$44.80M	$145.2M	$120.7M	$99.10M	$28.70M
% Of Pretax Income	24.3%	25.3%	22.35%	0.16%	23.45%	20.26%	74.84%	46.07%	39.33%	5.71%		36.95%	39.94%	36.42%	26.9%
Net Earnings	$267.4M	$191.6M	$263.9M	$121.6M	$249.0M	$207.1M	$36.70M	$38.80M	$91.60M	$27.40M	-$224.9M	$243.3M	$179.4M	$177.9M	$81.80M
YoY Change	39.56%	-27.4%	117.02%	-51.16%	20.23%	464.31%	-5.41%	-57.64%	234.31%	-112.18%	-192.44%	35.62%	0.84%	117.48%
Net Earnings / Revenue	5.16%	3.92%	5.98%	3.25%	5.56%	4.41%	0.84%	0.95%	2.23%	0.62%	-5.64%	5.72%	4.16%	4.65%	2.37%
Basic Earnings Per Share	$1.21	$0.86	$1.14	$0.52	$1.06	$0.87	$0.15	$0.16	$0.39	$0.12
Diluted Earnings Per Share	$1.21	$861.9K	$1.14	$0.52	$1.06	$0.85	$0.15	$0.16	$0.38	$0.12	-$985.1K	$1.062M	$783.1K	$776.5K	$357.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments	$699.8M	$645.2M	$840.6M	$1.361B	$1.018B	$693.6M	$769.8M	$535.4M	$485.0M	$382.1M	$459.3M	$28.70M
YoY Change	8.46%	-23.25%	-38.23%	33.75%	46.7%	-9.9%	43.78%	10.39%	26.93%	-16.81%	1500.35%
Cash & Equivalents	$699.8M	$645.2M	$840.6M	$1.361B	$1.018B	$693.6M	$769.8M	$535.4M	$485.0M	$382.1M	$459.3M	$28.70M
Short-Term Investments
Other Short-Term Assets	$120.5M	$150.5M	$91.70M	$98.10M	$96.70M	$95.00M	$67.00M	$53.00M	$66.30M	$132.1M	$80.20M	$47.50M
YoY Change	-19.93%	64.12%	-6.52%	1.45%	1.79%	41.79%	26.42%	-20.06%	-49.81%	64.71%	68.84%
Inventory	$741.1M	$829.6M	$669.7M	$559.9M	$591.6M	$613.0M	$608.6M	$529.7M	$530.7M	$538.3M	$550.2M	$471.0M
Prepaid Expenses
Receivables	$1.260B	$1.067B	$796.5M	$775.5M	$755.9M	$787.1M	$748.2M	$640.4M	$647.2M	$638.3M	$637.5M	$681.5M
Other Receivables	$0.00	$0.00	$177.1M	$131.5M	$111.7M	$120.9M	$122.0M	$161.5M	$118.6M	$182.1M	$228.4M	$125.8M
Total Short-Term Assets	$2.821B	$2.693B	$2.576B	$2.926B	$2.573B	$2.310B	$2.316B	$1.920B	$1.848B	$1.873B	$1.956B	$1.355B
YoY Change	4.78%	4.55%	-11.97%	13.7%	11.42%	-0.26%	20.6%	3.91%	-1.34%	-4.23%	44.38%
Property, Plant & Equipment	$1.204B	$1.190B	$1.290B	$1.296B	$1.319B	$1.298B	$1.389B	$1.316B	$1.383B	$1.514B	$1.623B	$708.8M
YoY Change	1.18%	-7.77%	-0.42%	-1.73%	1.57%	-6.51%	5.54%	-4.86%	-8.67%	-6.69%	128.92%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments						$1.700M	$5.200M		$4.200M		$20.70M	$19.40M
YoY Change						-67.31%					6.7%
Other Assets	$525.9M	$566.0M	$480.3M	$491.8M	$493.2M	$487.4M	$423.4M	$536.1M	$475.4M	$482.6M	$585.0M	$140.2M
YoY Change	-7.08%	17.84%	-2.34%	-0.28%	1.19%	15.12%	-21.02%	12.77%	-1.49%	-17.5%	317.26%
Total Long-Term Assets	$4.451B	$4.367B	$4.642B	$4.231B	$4.245B	$4.366B	$4.517B	$3.946B	$3.982B	$4.298B	$4.782B	$1.524B
YoY Change	1.93%	-5.93%	9.7%	-0.31%	-2.78%	-3.33%	14.45%	-0.91%	-7.34%	-10.12%	213.73%
Total Assets	$7.272B	$7.059B	$7.217B	$7.157B	$6.818B	$6.676B	$6.832B	$5.866B	$5.830B	$6.171B	$6.737B	$2.879B
YoY Change
Accounts Payable	$724.9M	$733.5M	$610.9M	$513.4M	$442.0M	$477.8M	$510.7M	$474.2M	$418.6M	$494.5M	$428.8M	$389.9M
YoY Change	-1.17%	20.07%	18.99%	16.15%	-7.49%	-6.44%	7.7%	13.28%	-15.35%	15.32%	9.98%
Accrued Expenses	$676.9M	$620.2M	$445.7M	$415.5M	$442.2M	$381.3M	$361.0M	$439.2M	$256.1M	$404.8M	$446.4M	$213.7M
YoY Change	9.14%	39.15%	7.27%	-6.04%	15.97%	5.62%	-17.81%	71.5%	-36.73%	-9.32%	108.89%
Deferred Revenue
YoY Change
Short-Term Debt	$7.200M	$16.00M	$55.40M	$29.90M	$19.60M	$17.90M	$12.90M	$8.300M	$0.00	$12.20M	$0.00	$0.00
YoY Change	-55.0%	-71.12%	85.28%	52.55%	9.5%	38.76%	55.42%		-100.0%
Long-Term Debt Due	$25.70M	$40.10M	$24.30M	$24.30M	$24.30M	$24.30M	$36.80M	$19.60M	$61.30M	$27.90M	$46.70M	$200.0K
YoY Change	-35.91%	65.02%	0.0%	0.0%	0.0%	-33.97%	87.76%	-68.03%	119.71%	-40.26%	23250.0%
Total Short-Term Liabilities	$1.428B	$1.394B	$1.335B	$1.181B	$1.073B	$1.041B	$1.082B	$942.1M	$875.0M	$946.7M	$1.003B	$749.3M
YoY Change	2.42%	4.41%	13.04%	10.07%	3.1%	-3.84%	14.87%	7.67%	-7.57%	-5.65%	33.91%
Long-Term Debt	$3.479B	$3.664B	$3.750B	$3.839B	$3.790B	$3.822B	$3.878B	$3.236B	$3.391B	$3.574B	$3.874B	$0.00
YoY Change	-5.07%	-2.29%	-2.31%	1.27%	-0.83%	-1.45%	19.84%	-4.58%	-5.11%	-7.74%
Other Long-Term Liabilities	$431.0M	$339.6M	$419.0M	$544.0M	$429.8M	$362.0M	$311.4M	$281.3M	$274.5M	$329.6M	$367.3M	$404.4M
YoY Change	26.91%	-18.95%	-22.98%	26.57%	18.73%	16.25%	10.7%	2.48%	-16.72%	-10.26%	-9.17%
Total Long-Term Liabilities	$3.910B	$4.004B	$4.169B	$4.383B	$4.220B	$4.184B	$4.189B	$3.517B	$3.666B	$3.904B	$4.242B	$404.4M
YoY Change	-2.36%	-3.96%	-4.87%	3.85%	0.87%	-0.13%	19.11%	-4.05%	-6.09%	-7.96%	948.84%
Total Liabilities	$5.545B	$5.606B	$5.724B	$5.724B	$5.464B	$5.471B	$5.556B	$4.741B	$4.756B	$5.126B	$5.594B	$1.215B
YoY Change	-1.09%	-2.07%	0.0%	4.77%	-0.12%	-1.54%	17.19%	-0.32%	-7.21%	-8.37%	360.35%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Basic Shares Outstanding	221.0M shares	221.7M shares	231.0M shares	235.2M shares	233.9M shares	239.0M shares	240.4M shares	238.1M shares	233.8M shares	229.3M shares
Diluted Shares Outstanding	221.9M shares	222.3M shares	231.9M shares	236.0M shares	235.8M shares	242.9M shares	246.1M shares	244.4M shares	239.7M shares	230.3M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $7.6318 Billion

About Axalta Coating Systems Ltd

Axalta Coating Systems Ltd. engages in the manufacture, marketing and distribution of coatings systems. The company is headquartered in Philadelphia, Pennsylvania and currently employs 12,000 full-time employees. The company went IPO on 2014-11-12. The firm operates through two segments. Its Performance Coatings segment provides sustainable liquid and powder coating solutions to both large regional and global customers and to a fragmented and local customer base. The company develops, markets and supplies a complete portfolio of coatings systems and color matching technologies. Its Mobility Coatings segment provides coating technologies for light vehicle and commercial vehicle original equipment manufacturers (OEMs). Its key products consist of the four main coatings layers: electrocoat (AquaEC), primer (HyperDur), basecoat (ChromaDyne) and clearcoat (Lumeera). The Company’s industrial brands include Abcite, Alesta, Audurra, Centari, Ceranamel, Challenger, Chemophan, ColorNet, Corlar, Cromax, Cromax Mosaic, Durapon 70, Duxone, Harmonized Coating Technologies, Imron, Imron Elite, Imron ExcelPro, Lutophen, Nap-Gard, Nason, Raptor and others.

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