Axalta Coating Systems Ltd.
For the period ended Dec 31, 2025. Filed Feb 13, 2026.
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FY2025 · Filed Feb 13, 2026
AXTA$37.53+3.0%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
(In millions, except per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Net sales | $5,117 | $5,276 | $5,184 |
| Cost of goods sold | 3,355 | 3,478 | 3,566 |
| Selling, general and administrative expenses | 805 | 847 | 840 |
| Other operating charges | 53 | 79 | 28 |
| Research and development expenses | 71 | 74 | 74 |
| Amortization of acquired intangibles | 98 | 92 | 88 |
| Income from operations | 735 | 706 | 588 |
| Interest expense, net | 176 | 205 | 213 |
| Other expense, net | 13 | 5 | 20 |
| Income before income taxes | 546 | 496 | 355 |
| Provision for income taxes | 167 | 105 | 86 |
| Net income | 379 | 391 | 269 |
| Less: Net income attributable to noncontrolling interests | 1 | — | 2 |
| Net income attributable to common shareholders | $378 | $391 | $267 |
| Basic net income per share | $1.75 | $1.78 | $1.21 |
| Diluted net income per share | $1.74 | $1.78 | $1.21 |
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