Axalta Coating Systems

Axalta Coating Systems Ltd. engages in the manufacture, marketing and distribution of coatings systems. It operates through the Performance Coatings and Transportation Coatings business segments. The Performance Coatings segment provides liquid and powder coatings solutions to a fragmented and local customer base. The Transportation Coatings segment offers advanced coatings technologies to original equipment manufacturers of light and commercial vehicles. The company was founded in 1866 and is headquartered in Glen Mills, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Axalta Coating Systems reports strong Q4 performance and eyes China growth

Axalta Coating Systems delivered a strong Q4 performance with net sales growth, adjusted EBIT of $147 million, and adjusted diluted EPS of $0.38, under new CEO leadership.
The company faces challenges such as cost savings charges, price-cost gap increase, and rising maintenance CapEx, but anticipates margin improvement and growth opportunities in China.
Strategic strengths include improving margins in Mobility business, focusing on operational excellence, and targeting historical working capital improvement levels for free cash flow generation.
Opportunities lie in leveraging e-coat on EV battery components, capitalizing on China's growth, and driving execution efficiency through operational and supply chain improvements.

Axalta Coating Systems beats Q1 expectations, eyes margin recovery

Axalta Coating Systems delivered a robust Q1 performance, exceeding expectations with strong financial metrics and margin improvements.
Despite challenges like one-time costs and operational disruptions, Axalta's focus on cost optimization and margin recovery presents growth opportunities.
Strategic investments, strong balance sheet, and market outperformance position Axalta well for future expansion and margin recovery throughout the year.
Analyst inquiries and unique cost optimization initiatives highlight a proactive approach to driving performance and achieving deleveraging targets by year-end.

Axalta Coating Systems reports improved Q2 performance amidst operational challenges

Axalta Coating Systems showcased resilience in Q2 2023, with improved financial performance and strategic initiatives to enhance efficiency and profitability.
Despite challenges from operational issues and market dynamics, the company capitalized on strengths in key business segments and addressed areas for improvement.
Opportunities lie in pricing strategies, technology innovation, and future ERP implementations, positioning Axalta for sustained growth and value creation.
With a focus on driving profitability, resolving operational challenges, and leveraging market demand, Axalta aims for continued success and margin recovery.

Axalta Coating Systems achieves record Q3 sales and eyes global growth

Axalta Coating Systems delivered strong financial performance in Q3 2023, with record net sales and improved margins
Strategic initiatives and acquisitions are driving growth and efficiency improvements across the company
Challenges include potential disruptions in auto builds and the need to address operational bottlenecks
Opportunities lie in stable auto builds, new business wins, and favorable raw material cost outlook

Axalta Coating Systems reports record earnings and outlines growth strategies

Axalta Coating Systems delivered strong financial results in Q4 2023, with record annual adjusted EBITDA and improved net sales.
The company's strategic acquisition, focus on balance sheet strength, and operational efficiency initiatives position it well for future growth.
While facing challenges such as seasonal impacts and muted growth in certain segments, Axalta's opportunities lie in improving profitability and pursuing strategic investments.
Overall, Axalta's performance, strengths, and opportunities indicate a positive outlook for continued financial success and value creation.

Axalta Coating Systems reports record Q1 earnings, eyes growth opportunities

Axalta Coating Systems delivered a strong performance in Q1 2024, with record high adjusted EBITDA and improved balance sheet strength, despite challenges in certain segments.
The company's focus on driving efficiency, productivity, and cost savings through innovative products and initiatives positions it well for future growth and profitability.
Opportunities in growth markets like China and strategic initiatives for margin improvement indicate a positive outlook for Axalta's future performance and shareholder value.
While facing challenges such as soft market conditions and restructuring costs, Axalta's strategic focus on operational improvements and growth opportunities bodes well for its long-term success.

Axalta Coating Systems (AXTA) reports record Q2 performance and eyes growth opportunities

Axalta Coating Systems (AXTA) delivered a strong performance in Q2 2024, achieving record net sales and adjusted EBITDA driven by growth in key segments.
The company's strategic focus on productivity, premium segment expansion, and margin improvement underscores its resilience and growth potential.
While facing challenges in maintaining margins and navigating market uncertainties, Axalta remains well-positioned to capitalize on growth opportunities through M&A and market expansion.
Overall, Axalta's performance highlights its market strength, strategic execution, and potential for sustained growth in the competitive coatings industry.

Axalta Coating Systems achieves record Q3 sales, eyes growth opportunities

Axalta Coating Systems excelled in Q3 2024, demonstrating robust financial performance and growth in key segments.
While facing challenges in certain areas like Mobility Coatings, the company's strengths in Refinish and customer collaborations position it well for future opportunities.
By leveraging its strong performance and addressing challenges effectively, Axalta is poised to capitalize on opportunities for innovation and growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Axalta Coating Systems Ltd. engages in the manufacture, marketing and distribution of coatings systems. It operates through the Performance Coatings and Mobility Coatings segments. The Performance Coatings segment provides liquid and powder coatings solutions to a fragmented and local customer base. The Mobility Coatings segment offers coatings technologies to original equipment manufacturers of light and commercial vehicles. The company was founded in 1866 and is headquartered in Philadelphia, PA.

PHILADELPHIA, Feb. 17, 2021 /PRNewswire/ -- Fourth Quarter 2020 Highlights: Q4 2020 net sales 4.6% higher than Q3 2020; decreased 2.2% year-over-year to $1,074.5 million Income from operations of $163.2 million; Adjusted EBIT of $205.4 million up 18.4% from Q4 2019 Diluted EPS of $0.30...

Axalta Releases Fourth Quarter and Full Year 2020 Results

Axalta Coating Systems (NYSE:AXTA) releases its next round of earnings this Wednesday, February 17. Here is Benzinga's essential guide to Axalta Coating Systems's Q4 earnings report.

Earnings Preview: Axalta Coating Systems

PHILADELPHIA, Feb. 12, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will release its fourth-quarter and full-year 2020 financial results after the close of trading on Wednesday, February 17. The release, and supporting materials, will...

Axalta schedules fourth-quarter and full-year 2020 earnings conference call

GLEN MILLS, Pa., Feb. 3, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today announced the launch of Cromax XP, its latest solventborne basecoat for refinish customers in North America. This new technology delivers outstanding coverage,...

Axalta Introduces Cromax XP, an Easy-to-Use Solventborne Basecoat, for Refinish Customers in North America

PHILADELPHIA, Feb. 1, 2021 /PRNewswire/ -- Axalta Coating Systems Ltd. (NYSE: AXTA) ("Axalta"), a leading global coatings company, today announced that it will delay its 2020 fourth quarter and full-year earnings release and conference call, previously scheduled for February 3 and 4,...

Axalta Releases Preliminary Fourth Quarter 2020 Update, Delays Earnings Release and Conference Call

Axalta has seen a strong rebound in its operating metrics since the early months of the pandemic. It has a strong track record of innovation, and is set to benefit from a U.S. auto market recovery and from growth in China.

Axalta: This Warren Buffett Holding Is A Buy

PHILADELPHIA, Jan. 21, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings is adding two new products to its high-performance Imron® Elite coating solutions line in North America - Imron Elite ColorPLUS and Imron Elite Direct-to-Plastic...

Axalta expands commercial vehicle portfolio with launch of two new Imron® Elite products

PHILADELPHIA, Jan. 19, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will release its fourth quarter and full-year 2020 financial results after the close of trading on Wednesday, February 3. The release, and supporting materials, will...

Axalta schedules fourth quarter and full year 2020 earnings conference call

Middleby

These three companies will emerge as winners from the COVID-19 vaccines.

3 Big Winners From the Coronavirus Vaccines

PHILADELPHIA, Nov. 30, 2020 /PRNewswire/ -- Axalta Coating Systems Ltd. (NYSE: AXTA) today announced that Jeremy Rohen is joining Axalta as Senior Vice President, Strategy and Business Development, effective January 18, 2021, and will report to Axalta's President and CEO, Robert W. Bryant....

Axalta Coating Systems announces Jeremy Rohen to lead Strategy and Business Development

Encompass Health

Callaway Golf

Hillenbrand

Perspecta Inc

Investment firm Jana Partners (Trades, Portfolio) disclosed its third-quarter portfolio earlier this month.

The Top 3rd-Quarter Trades of Jana Partners

AXTA is an attractive acquisition target in a consolidating industry, opening a possibility of a quick and large return to shareholders. Even without an acquisition, AXTA's cash build-up, stock repurchases, and debt repayment should push the stock higher.

Axalta Coating Systems -  An Attractive Acquisition Target In A Consolidating Industry

PHILADELPHIA, Nov. 9, 2020 /PRNewswire/ -- Axalta Coating Systems Ltd. (NYSE: AXTA) (the "Company") today announced that its indirect, wholly owned subsidiary, Axalta Coating Systems, LLC (the "Issuer"), priced its offering of $700.0 million in aggregate principal amount of 3.375% Senior...

Axalta Prices Upsized Notes Offering

PHILADELPHIA, Nov. 9, 2020 /PRNewswire/ -- Axalta Coating Systems Ltd. (NYSE: AXTA) (the "Company") announced that its indirect, wholly owned subsidiary, Axalta Coating Systems, LLC (the "Issuer"), intends to offer $600.0 million in aggregate principal amount of senior unsecured notes...

Axalta Commences Notes Offering and Announces Expected Conditional Full Redemption of 4.875% Senior Notes due 2024 and 4.250% Senior Notes due 2024

Danaher

Illinois Tool Works

Pentair

The recent outperformances of these very different companies reveal much about which investment themes are working at this point in 2020.

These 4 Top Stocks Have Surpassed Management's Highest Expectations

Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at delivering attractive risk-adjusted returns rather than following the ups and downs of equity markets hoping that they will outperform the broader market. Our research shows that certain hedge funds do have great stock picking skills (and we can identify these hedge funds in advance pretty accurately), so let's take a glance at the smart money sentiment towards Axalta Coating Systems Ltd (NYSE:AXTA).

Was The Smart Money Right About Axalta Coating Systems Ltd (AXTA)?

3 Stocks to Buy to Sweeten Your Portfolio This Halloween

Axalta Coating Systems' (AXTA) CEO Robert Bryant on Q3 2020 Results - Earnings Call Transcript

Axalta Coating Systems (AXTA) delivered earnings and revenue surprises of 78.79% and 8.16%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Axalta Coating Systems (AXTA) Q3 Earnings and Revenues Top Estimates

PHILADELPHIA, Oct. 21, 2020 /PRNewswire/ -- Third Quarter 2020 Highlights: Sequential recovery from all end-markets; Q3 2020 net sales 57.3% higher than Q2 2020 Q3 2020 net sales decreased 7.2% year-over-year to $1,026.9 million Income from operations of $141.7 million; record Adjusted...

Axalta Releases Third Quarter 2020 Results

Landstar System

Meritage Homes

PulteGroup

Getting into buy-ranked stocks that are very likely to top estimates is a good way to lock in some quick gains. PHM, MTH, LSTR, CVLG and AXTA show the way.

5 Undervalued Strong Buy Stocks Set to Beat Earnings Estimates

DuPont de Nemours

Dow Inc

Eastman Chemical

Rayonier Advanced Materials

Improved end-market demand and benefits of self-help actions are likely to reflect on the Q3 performance of Axalta Coating (AXTA), Rayonier (RYAM), Dow (DOW), DuPont (DD) and Eastman (EMN).

5 Chemical Stocks Likely to Outshine Q3 Earnings Estimates

The near-term outlook is starting to get a bit brighter for this stock that Berkshire Hathaway owns shares of.

A Warren Buffett Stock Pick to Buy Now

Ashland Global Hlds

Element Solutions Inc

Quaker Chemical

Valvoline

A revival in demand across major end-markets such as automotive and construction represents a tailwind for the U.S. specialty chemical industry. ASH, AXTA, VVV, KWR and ESI are well placed to make the most of the improving demand.

News for Axalta Coating Systems Stock (AXTA)