Axalta Coating Systems Ltd.
For the period ended Dec 31, 2025. Filed Feb 13, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 13, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
(11) NET INCOME PER COMMON SHARE
Basic net income per common share excludes the dilutive impact of potentially dilutive securities and is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted net income per common share includes the effect of potential dilution from the hypothetical exercise of outstanding stock options and vesting of RSUs and PSUs. A reconciliation of our basic and diluted net income per common share is as follows:
| Year Ended December 31, | |||
|---|---|---|---|
| (In millions, except per share data) | 2025 | 2024 | 2023 |
| Net income to common shareholders | $378 | $391 | $267 |
| Basic weighted average shares outstanding | 216.0 | 219.3 | 221.0 |
| Diluted weighted average shares outstanding | 217.0 | 220.4 | 221.9 |
| Net income per common share (1): | |||
| Basic net income per share | $1.75 | $1.78 | $1.21 |
| Diluted net income per share | $1.74 | $1.78 | $1.21 |
(1) Basic earnings per share and diluted earnings per share are calculated based on full precision. Figures in the table may not recalculate due to rounding.
The number of anti-dilutive shares that have been excluded in the computation of diluted net income per share for the years ended December 31, 2025, 2024 and 2023 was 0.2 million,0.1 million and 0.4 million, respectively.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.