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.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Axalta Coating Systems (AXTA) a Great Value Stock Right Now?

Givaudan SA

AXTA vs. GVDNY: Which Stock Is the Better Value Option?

AXTA vs. GVDNY: Which Stock Should Value Investors Buy Now?

Axalta Coating is a leader in the coatings industry, generating a healthy amount of free cash flow. The pressure on the margins is very clear, and it likely will get worse before it gets better.

Axalta Coating Systems: Now An Income Idea With A 6.9% Bond Yield

Let's see if Axalta Coating (AXTA) stock is a good choice for value-oriented investors right now from multiple angles.

Should Value Investors Consider Axalta Coating (AXTA) Now?

Axalta Coating Systems Ltd (NYSE:AXTA ) Q1 2022 Earnings Conference Call April 26, 2022 8:00 AM ET Company Participants Christopher Evans - Vice President, Investor Relations Robert Bryant - Chief Executive Officer Sean Lannon - Senior Vice President and Chief Financial Officer Conference Call Participants Chris Parkinson - Mizuho John McNulty - BMO Capital Markets Matt Krieger - Baird PJ Juvekar - Citi Alex Yefremov - KeyBanc Capital Markets Kevin McCarthy - Vertical Research Partners Vincent Andrews - Morgan Stanley Mike Sison - Wells Fargo Mike Leithead - Barclays Lucas Beaumont - UBS Operator 00:03 Ladies and gentlemen, thank you for standing by. Welcome to Axalta's First Quarter 2022 Earnings Conference Call.

Axalta Coating Systems Ltd (AXTA) CEO Robert Bryant on Q1 2022 Results - Earnings Call Transcript

Axalta Coating Systems (AXTA) delivered earnings and revenue surprises of 19.23% and 4.31%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Axalta Coating Systems (AXTA) Q1 Earnings and Revenues Beat Estimates

Robust Double-Digit Sales Growth Led by Accelerating Pricing Gains; Achieved Adjusted EBIT at the Top-End of Guidance Range

Axalta Releases First Quarter 2022 Results

Axalta's Spies Hecker® full-waterborne repair system and its Digital Paint coating technology for high-resolution images win Bronze Axalta's Spies Hecker® full-waterborne repair system and its Digital Paint coating technology for high-resolution images win Bronze

Axalta Coating Systems wins two prestigious 2022 Edison Awards™

GLEN MILLS, Pa., April 08, 2022 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will release its first-quarter 2022 financial results after the close of trading on Monday, April 25. The release and supporting materials will be posted to the Investor Relations portion of axalta.com.

Axalta schedules first-quarter 2022 earnings conference call

GLEN MILLS, Pa., March 23, 2022 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA) today announced that Christopher Evans has joined Axalta as VP, Investor Relations, effective today.

Axalta Coating Systems Appoints Christopher Evans as VP, Investor Relations

CLINTON TOWNSHIP, Mich., March 21, 2022 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA) Mobility, a leading global coatings supplier that delivers world-class color and superior protection to vehicle bodies, was recognized by General Motors as a 2021 Supplier of the Year in the paint category. Last week, GM celebrated honorees at its 30th annual Supplier of the Year awards ceremony in Phoenix, Arizona.

Axalta Mobility named a 2021 General Motors Supplier of the Year

Axalta's results are heavily impacted by inflation and 2022 will likely be a transition year as it will take time to pass on the costs to the end user.

Axalta Coating Systems: Focus On The Free Cash Flow Instead Of Earnings

Arch Resources

AstraZeneca

ARCH, AZN, and AXTA have been added to the Zacks Rank #5 (Strong Sell) List on February 4, 2022

New Strong Sell Stocks for February 4th

Axalta Coating Systems Ltd. (AXTA) CEO Robert Bryant on Q4 2021 Results - Earnings Call Transcript

Axalta (AXTA) benefits from higher average price and product mix amid headwinds from limitations in the availability for major raw materials in Q4.

Axalta (AXTA) Earnings Lag Estimates, Revenues Beat in Q4

Axalta Coating Systems (AXTA) delivered earnings and revenue surprises of -3.23% and 0.04%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Axalta Coating Systems (AXTA) Q4 Earnings Miss Estimates

GLEN MILLS, Pa., Jan. 31, 2022 /PRNewswire/ -- Axalta Coating Systems Ltd.

Axalta Releases Fourth Quarter and Full Year 2021 Results

PPG Industries

Sherwin-Williams

There are signs that raw material price inflation is easing, and end demand remains strong for these companies.

Omicron Is Creating a Buying Opportunity in These Stocks

GLEN MILLS, Pa., Jan. 25, 2022 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today announced its commitment to an absolute reduction of 50 percent of Scope 1 and 2 greenhouse gas (GHG) emissions by 2030, on its way to becoming carbon neutral in its operations by 2040 – one decade ahead of the deadline set by the Paris Agreement on Climate Change.

Axalta commits to new sustainability goals for 2030

GLEN MILLS, Pa., Jan. 24, 2022 /PRNewswire/ -- Axalta Coating Systems (NYSE: AXTA) today announced that Dr. Keith Silverman is joining Axalta as Senior Vice President & Chief Operations and Supply Chain Officer, effective immediately.

Axalta Coating Systems announces Dr. Keith Silverman to lead Operations and Supply Chain

GLEN MILLS, Pa., Jan. 21, 2022 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will release its fourth-quarter and full-year 2021 financial results after the close of trading on Monday, January 31.

Axalta schedules fourth-quarter and full-year 2021 earnings conference call

GLEN MILLS, Pa., Jan. 20, 2022 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, announced its Radar Transmission Simulator (ARTS) with Color Palette Optimizer for Autonomous Vehicles was named a winner in the 2022 BIG Innovation Awards presented by the Business Intelligence Group (BIG).

Axalta's radar transmission simulator receives 2022 BIG Innovation Award

GLEN MILLS, Pa., Jan. 19, 2022 /PRNewswire/ -- Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, announced its Global Automotive Color of the Year 2022 – Royal Magenta.

Axalta announces Global Automotive Color of the Year 2022 - Royal Magenta

GLEN MILLS, Pa., Jan. 18, 2022 /PRNewswire/ -- Axalta Coating Systems Ltd.

Axalta Provides Preliminary Selected Fourth Quarter and Full-Year 2021 Unaudited Financial Updates

Builders FirstSource

Celsius Holdings

eXp World Holdings Inc

Freshpet

Monster Beverage

Pinterest

Peloton

Boston Beer Company

Scotts Miracle-Gro

This past year was a massive year for acquisitions. The coming year should be almost as busy.

News for Axalta Coating Systems Stock (AXTA)