Axalta Coating Systems Ltd.

AXTA · XNYS

CIK 1616862fmd_1N8REW0ACMCGS43QC2ACA2B2KSManufacturing · Paints, Varnishes, Lacquers, Enamels & Allied ProdsTemplate: Standard

Coverage: Jan 01, 2014 to Sep 30, 2026, 51 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	4,093	4,377	4,696	4,482	3,738	4,416	4,884	5,184	5,276	5,117
Cost of revenue	2,529	2,781	3,106	2,918	2,458	2,987	3,466	3,566	3,478	3,355
Gross profit	1,564	1,597	1,590	1,564	1,280	1,429	1,419	1,619	1,798	1,762
Research and development	58	65	73	70	55	62	66	74	74	71
Selling, general and administrative	960	935	876	822	695	739	772	840	847	805
Impairment of real estate	11	–	–	–	–	–	–	–	–	–
Operating income	405	364	442	488	306	462	423	588	706	735
Interest expense	178	147	160	163	150	134	140	213	205	176
Other non-operating income (expense)	(144)	(27)	(15)	4	(33)	12	(26)	(20)	(5)	(13)
Income before taxes	83	190	268	330	122	341	257	355	496	546
Income tax expense	38	142	54	77	0	76	65	86	105	167
Net income from continuing operations	45	48	213	253	122	264	192	269	391	379
Net income	39	37	207	249	122	264	192	267	391	378