
Axalta Coating Systems Ltd.
AXTAFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
5,276
Cost of Revenue
3,478
Gross Profit
1,798
Gross Margin
34.1%
Operating Income
706
Operating Margin
13.4%
Net Income
391
Net Margin
7.4%
EPS (Basic)
$1.78
EPS (Diluted)
$1.78
EBITDA
981
EBITDA Margin
18.6%
2023
12/31/2023
Revenue
5,184
Cost of Revenue
3,566
Gross Profit
1,618
Gross Margin
31.2%
Operating Income
588
Operating Margin
11.3%
Net Income
267
Net Margin
5.2%
EPS (Basic)
$1.21
EPS (Diluted)
$1.21
EBITDA
844
EBITDA Margin
16.3%
2022
12/31/2022
Revenue
4,884
Cost of Revenue
3,466
Gross Profit
1,418
Gross Margin
29.0%
Operating Income
423
Operating Margin
8.7%
Net Income
192
Net Margin
3.9%
EPS (Basic)
$0.86
EPS (Diluted)
$0.86
EBITDA
700
EBITDA Margin
14.3%
2021
12/31/2021
Revenue
4,416
Cost of Revenue
2,987
Gross Profit
1,429
Gross Margin
32.4%
Operating Income
462
Operating Margin
10.5%
Net Income
264
Net Margin
6.0%
EPS (Basic)
$1.14
EPS (Diluted)
$1.14
EBITDA
791
EBITDA Margin
17.9%
2020
12/31/2020
Revenue
3,738
Cost of Revenue
2,458
Gross Profit
1,280
Gross Margin
34.2%
Operating Income
306
Operating Margin
8.2%
Net Income
122
Net Margin
3.3%
EPS (Basic)
$0.52
EPS (Diluted)
$0.52
EBITDA
592
EBITDA Margin
15.8%