AXTA
Axalta Coating Systems Ltd.
AXTA's fundamentals are mixed: free cash flow grew 47%, but earnings per share fell 26%. At 23x earnings, it's trading in line with its usual 26x. Analysts expect earnings growth.
AXTA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Healthy | |
| Stable |
AXTA's cash flow is currently healthy, and its revenue, profitability and balance sheet are stable.
AXTA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 14x | $36.41 | — |
| Cheap | 18x | $27.29 | -25% |
| Current | 23x | $36.41 | — |
| Fair | 26x | $39.64 | +8.9% |
| Expensive | 34x | $53.26 | +46% |
Historical ranges are pointers, not guarantees.
AXTA's PE is in its fair range at 23x. If earnings grow as analysts expect, today's price would be 14x next year's earnings, in its cheap range.
AXTA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect AXTA's earnings to grow, with its revenue and profitability holding steady.
AXTA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.60 | +68% |
| Q3 2026 | $1.55 | -26% |
| Q2 2026 | $1.62 | -21% |
| Q1 2026 | $1.71 | -17% |
| Q4 2025 | $1.74 | -2.2% |
| Q3 2025 | $2.09 | +40% |
| Q2 2025 | $2.04 | +50% |
| Q1 2025 | $2.05 | +83% |
| Q4 2024 | $1.78 | +47% |
AXTA's earnings per share have fallen from their peak: $1.55 over the past year, against $2.09 in late 2025.
AXTA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.3B | +1.8% |
| Q2 2026 | $1.3B | +3.1% |
| Q1 2026 | $1.3B | -0.6% |
| Q4 2025 | $1.3B | -3.7% |
| Q3 2025 | $1.3B | -2.4% |
| Q2 2025 | $1.3B | -3.4% |
| Q1 2025 | $1.3B | -2.5% |
| Q4 2024 | $1.3B | +1.1% |
AXTA's revenue grew through 2022 and has held roughly level since: $1.3B last quarter, up 1.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | -3.3 points |
| Q2 2026 | 12% | -2.4 points |
| Q1 2026 | 12% | -2.3 points |
| Q4 2025 | 13% | -1.4 points |
| Q3 2025 | 16% | +1.2 points |
| Q2 2025 | 15% | -0.4 points |
| Q1 2025 | 14% | +4.6 points |
| Q4 2024 | 14% | +1.8 points |
AXTA's operating margin was 13% last quarter, down 3.3 points from the same quarter a year ago.
AXTA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $89M | +2.3% |
| Q2 2026 | $104M | +7.2% |
| Q1 2026 | $18M | +$35M |
| Q4 2025 | $286M | +66% |
| Q3 2025 | $87M | -46% |
| Q2 2025 | $97M | +6.6% |
| Q1 2025 | -$17M | -242% |
| Q4 2024 | $172M | -32% |
AXTA generated $497M in free cash flow over the past year, up 47% from the year before.
AXTA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +400K shares |
| 1 year | -0.4% | -800K shares |
| 3 years | -3.1% | -6.8M shares |
| 5 years | -6.8% | -15.6M shares |
| Available history | -8.8% | -20.7M shares |
AXTA has 215M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q4 2025 | — |
| Q3 2025 | $100M |
| Q4 2024 | — |
| Q3 2024 | $50M |
| Q4 2023 | — |
| Q3 2023 | $50M |
| Q2 2023 | — |
AXTA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.5x | Moderate |
| Q2 2026 | 2.5x | Moderate |
| Q1 2026 | 2.5x | Moderate |
| Q4 2025 | 2.5x | Moderate |
| Q3 2025 | 2.7x | Moderate |
| Q2 2025 | 2.7x | Moderate |
| Q1 2025 | 2.7x | Moderate |
| Q4 2024 | 2.9x | Moderate |
AXTA's net debt is about 2.5 years of its operating earnings (EBITDA), down from 2.7 years a year ago.
AXTA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.6 | Neutral |
| Stochastic | 61.8 | Neutral |
AXTA's weekly RSI is 60 (neutral) and its Stochastic is 62 (neutral).
AXTA PE vs Basic Materials Sector
| Metric | AXTA | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 19x | 26% above |
| PE % | 39 | 40 | 1 pt below |
AXTA is trading at 23x earnings, a 26% premium to the Basic Materials sector's median of 19x.
AXTA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $34.0 | 7% above |
| 20 week MA | $34.6 | 5.3% above |
| 50 week MA | $32.4 | 12% above |
| 100 week MA | $32.0 | 14% above |
| 200 week MA | $32.2 | 13% above |
AXTA has climbed back above all five of its weekly moving averages, and it's now 13% above its 200-week average.
AXTA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $30.3 | $28.8 | -5% |
| 2021 | $28.8 | $31.8 | +11% |
| 2022 | $31.8 | $25.7 | -19% |
| 2023 | $25.7 | $34.0 | +32% |
| 2024 | $34.0 | $34.4 | +1.2% |
| 2025 | $34.4 | $32.4 | -5.7% |
| 2026 YTD | $32.4 | $36.4 | +12% |
AXTA has finished lower in three of the last six years. It's up 12% so far in 2026.