Axalta Coating Systems Ltd. (AXTA) quarterly balance sheet — complete assets, liabilities & equity history
Axalta Coating Systems Ltd. (AXTA) balance sheet — 14-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 3.06B | 2.99B | 2.83B | 2.81B | 2.99B | 2.99B | 2.82B | 2.72B | 2.84B | 3.01B | 2.76B | 2.82B | 2.79B | 2.69B | 2.62B | 2.69B | 2.67B | 2.58B | 2.52B | 2.58B |
| Cash & Short-Term Investments | 650M | 633M | 608M | 657M | 610M | 628M | 575M | 593M | 567M | 843M | 627M | 699.8M | 605.8M | 520M | 514.7M | 654.9M | 526.7M | 510.2M | 586.8M | 840.6M |
| Cash Only | 650M | 633M | 608M | 657M | 610M | 628M | 575M | 593M | 567M | 843M | 627M | 699.8M | 605.8M | 520M | 514.7M | 654.9M | 526.7M | 510.2M | 586.8M | 840.6M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.37B | 1.34B | 1.26B | 1.27B | 1.41B | 1.39B | 1.28B | 1.25B | 1.3B | 1.09B | 1.28B | 1.3B | 1.34B | 1.31B | 1.21B | 1.11B | 1.15B | 1.14B | 1.07B | 937.5M |
| Days Sales Outstanding | 95.12 | 88.09 | 90.79 | 97.54 | 100 | 93.27 | 90.21 | 89.33 | 83.25 | 79.78 | 90.62 | 93.58 | 93.3 | 88.85 | 81.3 | 83.91 | 84.89 | 81.27 | 76.85 | 82 |
| Inventory | 849M | 806M | 770M | 756M | 829M | 831M | 787M | 734M | 818M | 745M | 751M | 741.1M | 750M | 766.7M | 798.6M | 829.6M | 829.4M | 799.5M | 764M | 669.7M |
| Days Inventory Outstanding | 86.81 | 81.39 | 79.48 | 84.29 | 88.48 | 84.43 | 80.24 | 82.63 | 83.8 | 76.4 | 78.49 | 78.5 | 78.75 | 78.78 | 81.23 | 88.2 | 85.48 | 80.26 | 77.04 | 77.03 |
| Other Current Assets | 198M | 206M | 188M | 130M | 145M | 135M | 177M | 148M | 155M | 226M | 104M | 81.3M | 90M | 88M | 98.7M | 100.2M | 164.4M | 130.2M | 98M | 10.6M |
| Total Non-Current Assets | 4.68B | 4.71B | 4.73B | 4.78B | 4.77B | 4.79B | 4.59B | 4.53B | 4.66B | 4.29B | 4.33B | 4.45B | 4.21B | 4.35B | 4.38B | 4.37B | 4.15B | 4.36B | 4.57B | 4.64B |
| Property, Plant & Equipment | 1.32B | 1.3B | 1.29B | 1.41B | 1.28B | 1.25B | 1.2B | 1.28B | 1.19B | 1.16B | 1.17B | 1.31B | 1.17B | 1.2B | 1.2B | 1.29B | 1.12B | 1.15B | 1.18B | 1.29B |
| Fixed Asset Turnover | 1.00x | 1.04x | 0.93x | 0.94x | 1.02x | 1.06x | 1.02x | 1.06x | 1.13x | 1.16x | 1.04x | 1.05x | 1.11x | 1.08x | 1.03x | 1.02x | 1.09x | 1.06x | 0.95x | 0.92x |
| Goodwill | 1.76B | 1.77B | 1.77B | 1.79B | 1.77B | 1.77B | 1.68B | 1.64B | 1.72B | 1.55B | 1.55B | 1.59B | 1.48B | 1.53B | 1.52B | 1.5B | 1.39B | 1.5B | 1.57B | 1.59B |
| Intangible Assets | 1.06B | 1.09B | 1.11B | 1.15B | 1.14B | 1.17B | 1.15B | 1.15B | 1.21B | 1.06B | 1.09B | 1.13B | 1.04B | 1.08B | 1.09B | 1.11B | 1.09B | 1.17B | 1.24B | 1.28B |
| Long-Term Investments | 0 | 2M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 3M | 1M | 200K | 500K | 500K | 500K | 1M | 600K | 600K | 700K | 700K |
| Other Non-Current Assets | 547M | 554M | 551M | 311M | 579M | 596M | 567M | 456M | 385M | 369M | 513M | 249.9M | 374.4M | 552.5M | 555.2M | 297.2M | 544.6M | 540.1M | 568.2M | 479.6M |
| Total Assets | 7.75B | 7.7B | 7.56B | 7.6B | 7.76B | 7.78B | 7.41B | 7.25B | 7.5B | 7.31B | 7.09B | 7.27B | 7B | 7.04B | 7B | 7.06B | 6.82B | 6.94B | 7.08B | 7.22B |
| Asset Turnover | 0.17x | 0.18x | 0.17x | 0.16x | 0.17x | 0.17x | 0.17x | 0.18x | 0.18x | 0.19x | 0.18x | 0.18x | 0.19x | 0.18x | 0.18x | 0.18x | 0.18x | 0.18x | 0.16x | 0.16x |
| Asset Growth % | -0.17% | -1.05% | 1.98% | 4.83% | 3.47% | 6.5% | 4.54% | -0.32% | 7.2% | 3.73% | 1.26% | 3.02% | 2.6% | 1.45% | -1.14% | -2.19% | -5.72% | -3.7% | 0.86% | 0.84% |
| Total Current Liabilities | 2B | 1.95B | 1.35B | 1.37B | 1.36B | 1.41B | 1.33B | 1.35B | 1.42B | 1.33B | 1.33B | 1.43B | 1.36B | 1.33B | 1.28B | 1.38B | 1.35B | 1.33B | 1.34B | 1.33B |
| Accounts Payable | 780M | 769M | 723M | 577M | 691M | 764M | 732M | 603M | 708M | 715M | 721M | 665.3M | 709.9M | 702.3M | 703.5M | 681.1M | 746.6M | 746.8M | 748M | 610.9M |
| Days Payables Outstanding | 81.25 | 77.06 | 67.71 | 67.43 | 77.56 | 78.06 | 70.43 | 69.8 | 76.29 | 73.33 | 72.92 | 72.4 | 73.32 | 70.76 | 69.08 | 75.91 | 78.37 | 76.73 | 73.02 | 70.51 |
| Short-Term Debt | 519M | 519M | 20M | 51M | 20M | 20M | 20M | 20M | 20M | 20M | 20M | 56.9M | 32M | 39M | 41.6M | 59.4M | 66.7M | 61.5M | 76.1M | 79.7M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 605M | 482M | 0 | 0 | 32M | 245M | 694M | 39M | 0 | 48.2M | 34.1M | 587.9M | 534.6M | 426.1M | 536.4M | 525.1M | 520.9M | 179.6M |
| Current Ratio | 1.53x | 1.53x | 2.10x | 2.06x | 2.20x | 2.12x | 2.12x | 2.01x | 2.00x | 2.26x | 2.07x | 1.98x | 2.05x | 2.02x | 2.05x | 1.94x | 1.98x | 1.93x | 1.87x | 1.93x |
| Quick Ratio | 1.11x | 1.12x | 1.53x | 1.50x | 1.59x | 1.53x | 1.53x | 1.47x | 1.42x | 1.70x | 1.51x | 1.46x | 1.50x | 1.45x | 1.43x | 1.35x | 1.36x | 1.33x | 1.30x | 1.43x |
| Cash Conversion Cycle | 100.68 | 92.43 | 102.56 | 114.4 | 110.93 | 99.63 | 100.03 | 102.16 | 90.76 | 82.85 | 96.18 | 99.68 | 98.72 | 96.88 | 93.46 | 96.21 | 92 | 84.79 | 80.87 | 88.53 |
| Total Non-Current Liabilities | 3.08B | 3.18B | 3.74B | 3.84B | 4.08B | 4.06B | 3.96B | 3.94B | 4.13B | 4.15B | 3.98B | 4.07B | 3.99B | 4.02B | 4.11B | 4.17B | 4.15B | 4.24B | 4.32B | 4.34B |
| Long-Term Debt | 2.48B | 2.55B | 3.13B | 3.21B | 3.38B | 3.4B | 3.4B | 3.35B | 3.5B | 3.59B | 3.41B | 3.42B | 3.51B | 3.53B | 3.61B | 3.67B | 3.66B | 3.71B | 3.74B | 3.75B |
| Capital Lease Obligations | 0 | 0 | 0 | 128M | 0 | 0 | 0 | 124M | 0 | 0 | 0 | 130M | 0 | 0 | 0 | 75.9M | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 182M | 197M | 175M | 171M | 164M | 163M | 153M | 151M | 163M | 152M | 155M | 162.3M | 145.4M | 155.4M | 163.1M | 162.1M | 139.5M | 157.5M | 165.5M | 174.7M |
| Other Non-Current Liabilities | 423M | 434M | 441M | 325M | 529M | 506M | 408M | 314M | 459M | 413M | 420M | 355.5M | 333.1M | 340.6M | 337M | 263.7M | 347.1M | 372.2M | 410.6M | 419M |
| Total Liabilities | 5.08B | 5.13B | 5.09B | 5.21B | 5.43B | 5.47B | 5.29B | 5.29B | 5.55B | 5.49B | 5.31B | 5.5B | 5.35B | 5.35B | 5.39B | 5.56B | 5.5B | 5.57B | 5.66B | 5.68B |
| Total Debt | 3B | 3.07B | 3.15B | 3.39B | 3.4B | 3.42B | 3.42B | 3.52B | 3.52B | 3.61B | 3.43B | 3.64B | 3.54B | 3.57B | 3.65B | 3.81B | 3.73B | 3.77B | 3.82B | 3.86B |
| Net Debt | 2.35B | 2.44B | 2.54B | 2.73B | 2.79B | 2.79B | 2.84B | 2.93B | 2.96B | 2.77B | 2.8B | 2.95B | 2.94B | 3.05B | 3.13B | 3.15B | 3.2B | 3.26B | 3.23B | 3.02B |
| Debt / Equity | 1.12x | 1.19x | 1.28x | 1.42x | 1.46x | 1.48x | 1.61x | 1.80x | 1.81x | 1.98x | 1.93x | 2.06x | 2.15x | 2.11x | 2.26x | 2.54x | 2.83x | 2.74x | 2.68x | 2.51x |
| Debt / EBITDA | 12.17x | 12.63x | 14.18x | 14.13x | 12.15x | 12.37x | 13.30x | 13.54x | 13.35x | 13.22x | 18.13x | 15.85x | 15.14x | 17.49x | 18.70x | 20.77x | 18.84x | 20.83x | 23.26x | 21.85x |
| Net Debt / EBITDA | 9.53x | 10.02x | 11.44x | 11.40x | 9.97x | 10.10x | 11.06x | 11.26x | 11.20x | 10.13x | 14.81x | 12.81x | 12.55x | 14.94x | 16.06x | 17.20x | 16.18x | 18.01x | 19.69x | 17.09x |
| Interest Coverage | 4.46x | 4.62x | 3.76x | 3.59x | 4.16x | 3.92x | 3.63x | 3.96x | 3.63x | 4.12x | 2.09x | 2.84x | 2.87x | 2.35x | 2.58x | 2.48x | 3.43x | 2.88x | 2.59x | 2.87x |
| Total Equity | 2.67B | 2.57B | 2.47B | 2.39B | 2.33B | 2.31B | 2.12B | 1.96B | 1.95B | 1.82B | 1.77B | 1.77B | 1.65B | 1.69B | 1.62B | 1.5B | 1.32B | 1.37B | 1.42B | 1.54B |
| Equity Growth % | 14.67% | 11.16% | 16.26% | 22.34% | 19.17% | 27.12% | 19.55% | 10.33% | 18.34% | 7.64% | 9.89% | 18.23% | 24.95% | 23.03% | 13.66% | -2.55% | -11.28% | -10.58% | 1.1% | 3.98% |
| Book Value per Share | 12.39 | 11.97 | 11.50 | 11.16 | 10.77 | 10.59 | 9.67 | 8.92 | 8.83 | 8.23 | 8.02 | 8.03 | 7.43 | 7.59 | 7.27 | 6.77 | 5.96 | 6.20 | 6.31 | 6.72 |
| Total Shareholders' Equity | 2.62B | 2.52B | 2.42B | 2.35B | 2.28B | 2.27B | 2.08B | 1.91B | 1.91B | 1.77B | 1.73B | 1.73B | 1.6B | 1.64B | 1.57B | 1.45B | 1.27B | 1.33B | 1.38B | 1.49B |
| Common Stock | 256M | 256M | 256M | 255M | 255M | 255M | 255M | 255M | 254M | 254M | 254M | 253.7M | 253.7M | 253.5M | 253.3M | 252.4M | 252.4M | 252.3M | 252.2M | 251.8M |
| Retained Earnings | 2.33B | 2.23B | 2.15B | 2.06B | 2B | 1.89B | 1.78B | 1.68B | 1.54B | 1.44B | 1.33B | 1.29B | 1.21B | 1.14B | 1.08B | 1.02B | 975.2M | 912.8M | 868.7M | 827.2M |
| Treasury Stock | -1.2B | -1.2B | -1.2B | -1.2B | -1.2B | -1.1B | -1.04B | -1.04B | -1.04B | -987M | -937M | -937.3M | -937.3M | -887.3M | -887.3M | -887.3M | -887.3M | -887.3M | -862.3M | -687.2M |
| Accumulated OCI | -400M | -395M | -399M | -383M | -384M | -383M | -520M | -582M | -442M | -517M | -488M | -444.2M | -486.6M | -419.7M | -422.5M | -466.9M | -593.9M | -473.2M | -401.4M | -414.4M |
| Minority Interest | 46M | 47M | 46M | 47M | 46M | 46M | 46M | 44M | 46M | 45M | 44M | 45.5M | 44.5M | 44.8M | 45.2M | 46M | 46.1M | 46.6M | 45.8M | 45.8M |