Axalta Coating Systems Ltd. (AXTA) Key Metrics
AXTA valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $7.16B
- Enterprise value
- $9.38B
- P/E (TTM)
- 20.5 10-yr median 28.9
- Forward P/E
- 11.3
- PEG ratio
- 2.04
- Price / sales
- 1.4 10-yr median 1.5
- Price / book
- 2.8 10-yr median 4.7
- EV / EBITDA
- 9.6 10-yr median 13.0
- Dividend yield
- —
- Beta
- 1.26
AXTA key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsAXTA valuation Price multiples at each fiscal year-end price.
AXTA returns How much profit the business earns on the capital it uses.
AXTA per-share figures Results divided by the shares outstanding at year-end.
AXTA financial health Debt, liquidity and how easily interest is covered.
AXTA efficiency & capital use Working capital cycle and where the cash goes.
AXTA valuation history
AXTA returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
AXTA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
AXTA cash returned to shareholders
AXTA price vs earnings per share
AXTA key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $7.01B | $7.54B | $7.54B | $5.66B | $7.68B | $6.74B | $7.17B | $5.69B | $7.96B | $6.65B |
| Enterprise value | $9.74B | $10.47B | $10.45B | $8.73B | $10.70B | $9.37B | $10.08B | $8.86B | $11.11B | $9.38B |
| P/E ratio | 18.5 | 19.3 | 28.2 | 29.5 | 29.1 | 55.4 | 28.8 | 27.5 | 217.0 | 171.3 |
| Price / sales | 1.4 | 1.4 | 1.5 | 1.2 | 1.7 | 1.8 | 1.6 | 1.2 | 1.8 | 1.6 |
| Price / book | 3.0 | 3.9 | 4.4 | 3.8 | 5.1 | 4.7 | 5.3 | 4.7 | 6.2 | 5.9 |
| Price / free cash flow | 15.5 | 17.3 | 17.2 | 39.6 | 17.6 | 15.8 | 15.6 | 16.1 | 19.2 | 15.7 |
| Price / operating cash flow | 10.8 | 13.1 | 13.1 | 19.3 | 13.7 | 13.2 | 12.5 | 11.5 | 14.7 | 11.9 |
| EV / sales | 1.9 | 2.0 | 2.0 | 1.8 | 2.4 | 2.5 | 2.2 | 1.9 | 2.5 | 2.3 |
| EV / EBITDA | 9.4 | 10.7 | 17.8 | 12.5 | 13.5 | 15.8 | 11.9 | 11.1 | 16.2 | 16.1 |
| EV / free cash flow | 21.5 | 24.0 | 23.9 | 61.1 | 24.5 | 21.9 | 21.9 | 25.1 | 26.8 | 22.2 |
| Earnings yield | 5.4% | 5.2% | 3.5% | 3.4% | 3.4% | 1.8% | 3.5% | 3.6% | 0.5% | 0.6% |
| Free cash flow yield | 6.5% | 5.8% | 5.8% | 2.5% | 5.7% | 6.3% | 6.4% | 6.2% | 5.2% | 6.4% |
| Dividend yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 2.4% | 1.3% | 0.7% | 3.5% | 3.4% | 0.4% | 1.5% | 4.5% | 0.8% | 0.0% |
| Share price at fiscal year-end | $32.31 | $34.22 | $33.97 | $25.47 | $33.12 | $28.55 | $30.40 | $23.42 | $32.36 | $27.20 |
| Per share | ||||||||||
| Revenue per share | $23.58 | $23.94 | $23.36 | $21.97 | $19.04 | $15.84 | $19.01 | $19.33 | $17.79 | $16.75 |
| Earnings per share | $1.74 | $1.77 | $1.21 | $0.86 | $1.14 | $0.52 | $1.06 | $0.85 | $0.15 | $0.16 |
| Operating cash flow per share | $2.99 | $2.61 | $2.59 | $1.32 | $2.41 | $2.16 | $2.43 | $2.04 | $2.19 | $2.29 |
| Free cash flow per share | $2.09 | $1.98 | $1.97 | $0.64 | $1.88 | $1.81 | $1.95 | $1.45 | $1.69 | $1.73 |
| Cash per share | $3.04 | $2.69 | $3.17 | $2.90 | $3.62 | $5.78 | $4.33 | $2.86 | $3.13 | $2.19 |
| Book value per share | $10.81 | $8.68 | $7.78 | $6.75 | $6.44 | $6.07 | $5.74 | $4.96 | $5.19 | $4.65 |
| Tangible book value per share | −$2.75 | −$3.98 | −$4.48 | −$5.00 | −$5.94 | −$4.28 | −$4.57 | −$5.66 | −$5.78 | −$3.91 |
| Dividends per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.01 | $0.00 | $0.01 | $0.01 |
| Capex per share | $0.90 | $0.64 | $0.62 | $0.68 | $0.52 | $0.35 | $0.48 | $0.59 | $0.51 | $0.56 |
| Debt per share | $15.63 | $15.98 | $16.27 | $16.70 | $16.63 | $16.94 | $16.68 | $15.91 | $15.91 | $13.35 |
| Shares outstanding | 217.0M | 220.4M | 221.9M | 222.3M | 231.9M | 236.0M | 235.8M | 242.9M | 246.1M | 244.4M |
| Change in shares outstanding | −1.5% | −0.7% | −0.2% | −4.1% | −1.7% | +0.1% | −2.9% | −1.3% | +0.7% | +2.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 17.8% | 21.5% | 16.6% | 12.8% | 18.0% | 8.7% | 19.5% | 16.7% | 3.0% | 3.5% |
| Return on invested capital (ROIC) | 10.7% | 11.7% | 9.7% | 7.0% | 8.4% | 7.3% | 8.6% | 8.0% | 4.4% | 5.5% |
| Return on assets (ROA) | 5.1% | 5.4% | 3.7% | 2.7% | 3.7% | 1.7% | 3.7% | 3.1% | 0.6% | 0.7% |
| Return on tangible assets | 8.1% | 8.8% | 5.9% | 4.3% | 6.1% | 2.6% | 5.7% | 5.1% | 0.9% | 1.0% |
| Free cash flow margin | 8.9% | 8.3% | 8.4% | 2.9% | 9.9% | 11.4% | 10.3% | 7.5% | 9.5% | 10.3% |
| Income quality (OCF / net income) | 1.72 | 1.47 | 2.15 | 1.53 | 2.12 | 4.19 | 2.30 | 2.40 | 14.71 | 14.41 |
| Financial health | ||||||||||
| Total debt | $3.39B | $3.52B | $3.61B | $3.71B | $3.86B | $4.00B | $3.93B | $3.86B | $3.92B | $3.26B |
| Cash & short-term investments | $660.0M | $593.0M | $703.1M | $645.2M | $840.6M | $1.36B | $1.02B | $693.6M | $769.8M | $535.4M |
| Net debt | $2.73B | $2.93B | $2.91B | $3.07B | $3.02B | $2.63B | $2.91B | $3.17B | $3.15B | $2.73B |
| Debt / equity | 1.45 | 1.84 | 2.09 | 2.48 | 2.58 | 2.79 | 2.90 | 3.21 | 3.07 | 2.87 |
| Debt / assets | 0.45 | 0.49 | 0.50 | 0.53 | 0.53 | 0.56 | 0.58 | 0.58 | 0.57 | 0.56 |
| Net debt / EBITDA | 2.64 | 2.98 | 4.95 | 4.38 | 3.81 | 4.44 | 3.44 | 3.98 | 4.60 | 4.68 |
| Current ratio | 2.06 | 2.01 | 1.98 | 1.93 | 1.93 | 2.48 | 2.40 | 2.22 | 2.14 | 2.09 |
| Quick ratio | 1.50 | 1.47 | 1.46 | 1.34 | 1.43 | 2.00 | 1.85 | 1.63 | 1.58 | 1.51 |
| Interest coverage | 4.0 | 3.4 | 2.8 | 3.0 | 3.4 | 2.0 | 3.0 | 2.8 | 2.5 | 2.3 |
| Working capital | $1.45B | $1.37B | $1.39B | $1.30B | $1.24B | $1.75B | $1.50B | $1.27B | $1.23B | $1.00B |
| Invested capital | $5.08B | $4.84B | $4.64B | $4.57B | $4.51B | $4.07B | $4.27B | $4.38B | $4.42B | $3.86B |
| Tangible asset value | −$549.0M | −$833.0M | −$947.8M | −$1.11B | −$1.33B | −$963.9M | −$1.02B | −$1.27B | −$1.29B | −$833.7M |
| Net current asset value | −$2.39B | −$2.57B | −$2.68B | −$2.87B | −$3.10B | −$2.75B | −$2.83B | −$3.06B | −$3.11B | −$2.68B |
| Graham number | $20.58 | $18.61 | $14.53 | $11.45 | $12.84 | $8.39 | $11.68 | $9.76 | $4.17 | $4.07 |
| Graham net-net per share | −$14.82 | −$15.41 | −$15.55 | −$16.64 | −$16.39 | −$14.21 | −$14.59 | −$15.31 | −$15.02 | −$13.07 |
| Capital allocation | ||||||||||
| Dividends paid | $0 | $0 | $0 | $0 | $14.4M | $900,000 | $1.5M | $1.0M | $3.0M | $3.0M |
| Share buybacks (net) | $165.0M | $100.0M | $50.0M | $200.1M | $243.8M | $26.0M | $105.3M | $253.8M | $58.4M | $0 |
| Dividend payout ratio | 0.0% | 0.0% | 0.0% | 0.0% | 5.5% | 0.7% | 0.6% | 0.5% | 8.2% | 7.7% |
| Dividends + buybacks / free cash flow | 36.4% | 22.9% | 11.4% | 140.0% | 59.1% | 6.3% | 23.2% | 72.2% | 14.8% | 0.7% |
| Capex / revenue | 3.8% | 2.7% | 2.7% | 3.1% | 2.8% | 2.2% | 2.5% | 3.1% | 2.9% | 3.3% |
| Capex / operating cash flow | 30.2% | 24.3% | 24.0% | 51.4% | 21.8% | 16.1% | 19.6% | 28.9% | 23.1% | 24.4% |
| Capex / depreciation | 0.66 | 0.50 | 0.50 | 0.50 | 0.38 | 0.26 | 0.32 | 0.39 | 0.36 | 0.42 |
| Stock-based compensation / revenue | 0.5% | 0.5% | 0.5% | 0.5% | 0.3% | 0.4% | 0.4% | 0.8% | 0.9% | 1.0% |
| R&D / revenue | 1.4% | 1.4% | 1.4% | 1.4% | 1.4% | 1.5% | 1.6% | 1.6% | 1.5% | 1.4% |
| SG&A / revenue | 15.7% | 16.1% | 15.9% | 15.8% | 16.7% | 18.6% | 18.3% | 20.4% | 22.8% | 23.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 89.8 | 88.1 | 83.3 | 74.9 | 76.2 | 86.7 | 70.4 | 67.3 | 69.7 | 69.9 |
| Days of inventory on hand | 78.9 | 77.4 | 80.6 | 78.9 | 75.1 | 85.5 | 75.3 | 71.8 | 74.7 | 76.5 |
| Days payables outstanding | 62.5 | 66.6 | 71.8 | 70.8 | 68.7 | 70.9 | 60.3 | 63.3 | 67.5 | 67.0 |
| Cash conversion cycle (days) | 106.2 | 99.0 | 92.1 | 83.1 | 82.7 | 101.2 | 85.4 | 75.7 | 76.9 | 79.4 |
| Receivables turnover | 4.07 | 4.14 | 4.38 | 4.87 | 4.79 | 4.21 | 5.19 | 5.43 | 5.24 | 5.22 |
| Payables turnover | 5.84 | 5.48 | 5.09 | 5.16 | 5.31 | 5.15 | 6.05 | 5.76 | 5.40 | 5.44 |
| Inventory turnover | 4.63 | 4.72 | 4.53 | 4.62 | 4.86 | 4.27 | 4.84 | 5.09 | 4.89 | 4.77 |
| Asset turnover | 0.69 | 0.73 | 0.72 | 0.68 | 0.61 | 0.53 | 0.66 | 0.70 | 0.69 | 0.70 |
| Average receivables | $1.26B | $1.27B | $1.18B | $1.00B | $922.2M | $887.3M | $864.2M | $865.5M | $836.0M | $783.9M |
| Average payables | $590.0M | $634.1M | $699.4M | $672.2M | $562.1M | $477.7M | $482.4M | $538.9M | $514.5M | $464.4M |
| Average inventory | $745.0M | $737.5M | $785.4M | $749.6M | $614.8M | $575.8M | $602.3M | $610.8M | $569.1M | $530.2M |
| Intangibles / total assets | 38.7% | 38.5% | 37.4% | 37.0% | 39.8% | 34.1% | 35.7% | 38.6% | 39.5% | 35.7% |
Computed from AXTA's annual financial statements (latest annual report filed February 13, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
AXTA valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Axalta Coating Systems traded at 18.5 times earnings, against a 10-year median of 28.9. Based on the latest twelve months, the trailing P/E is 20.5 and the forward P/E is 11.3. Axalta Coating Systems earned a return on equity of 17.8% and a return on invested capital of 10.7% in fiscal 2025. It ended the year with $3.4 billion of debt and $660.0 million in cash and short-term investments, net debt of $2.7 billion. It returned $165.0 million to shareholders: $0 in dividends and $165.0 million in share buybacks, 36% of free cash flow. The share count fell 11.2% from 244.4M to 217.0M over 9 years.
See the AXTA income statement, the AXTA chart for price history, or the AXTA stock overview for the latest quote and news.
AXTA key metrics FAQ
What is Axalta Coating Systems's P/E ratio?
Axalta Coating Systems's trailing P/E ratio is 20.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 11.3. At the end of fiscal 2025 it was 18.5, compared with a 10-year median of 28.9.
What is Axalta Coating Systems's EV/EBITDA?
Axalta Coating Systems's enterprise value was 9.4 times EBITDA at the end of fiscal 2025 (enterprise value $9.7 billion, EBITDA $1.0 billion); the current EV/EBITDA is 9.6.
What is Axalta Coating Systems's return on equity?
Axalta Coating Systems's return on equity (ROE) was 17.8% in fiscal 2025: net income of $378.0 million on average shareholders' equity of $2.1 billion.
What is Axalta Coating Systems's ROIC?
Axalta Coating Systems's return on invested capital was 10.7% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Axalta Coating Systems have?
Axalta Coating Systems had total debt of $3.4 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.45 and $2.7 billion of net debt (2.64 times EBITDA).
Does Axalta Coating Systems pay a dividend?
Axalta Coating Systems did not pay a dividend in fiscal 2025.
Does Axalta Coating Systems buy back its shares?
Yes. Axalta Coating Systems spent $165.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −1.5% over the year, to 217.0M..
What is Axalta Coating Systems's free cash flow yield?
Axalta Coating Systems generated $453.0 million of free cash flow in fiscal 2025, a free cash flow yield of 6.5% on its market value at year-end ($7.0 billion).
What is Axalta Coating Systems's current ratio?
Axalta Coating Systems's current ratio was 2.06 at the end of fiscal 2025: current assets were 2.06 times current liabilities.