Axalta Coating Systems Ltd. (AXTA) quarterly cash flow statement — complete operating, investing & financing history
Axalta Coating Systems Ltd. (AXTA) cash flow statement — 14-year operating, investing & financing cash flows
| 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 |
|---|
| Cash from Operations | 135M | 152M | 68M | 343M | 137M | 142M | 26M | 234M | 198M | 112M | 34M | 286M | 210M | 131M | -52M | 245.6M | 79.9M | 12.2M | -43.9M | 268.6M |
| Operating CF Margin % | 10.3% | 11.29% | 5.42% | 27.18% | 10.64% | 10.88% | 2.06% | 17.85% | 15% | 8.29% | 2.63% | 22.05% | 16.04% | 10.12% | -4.05% | 19.86% | 6.45% | 0.99% | -3.74% | 23.62% |
| Operating CF Growth % | -1.46% | 7.04% | 161.54% | 46.58% | -30.81% | 26.79% | -23.53% | -18.18% | -5.71% | -14.5% | 165.38% | 16.45% | 162.83% | 973.77% | -18.45% | -8.56% | -44.09% | -88.65% | -210.86% | -3.52% |
| Net Income | 95M | 89M | 91M | 60M | 110M | 110M | 99M | 137M | 101M | 112M | 41M | 73.6M | 73M | 61M | 61M | 43.9M | 63.3M | 44.1M | 40.9M | 53.4M |
| Depreciation & Amortization | 81M | 76M | 76M | 77M | 74M | 74M | 70M | 73M | 71M | 68M | 68M | 68.7M | 71M | 66M | 70M | 73.6M | 74.5M | 77.3M | 77.7M | 81.8M |
| Stock-Based Compensation | 8M | 8M | 7M | 0 | 6M | 8M | 5M | 7M | 0 | 0 | 6M | 6.9M | 5M | 8M | 6M | 8.2M | 5M | 3.7M | 5.3M | 3.2M |
| Deferred Taxes | -1M | 14M | 11M | 17M | 17M | 3M | 8M | -27M | 2M | 2M | 6M | -300K | -9M | -1M | 2M | -6.2M | 800K | 4.7M | -2.7M | 5.7M |
| Other Non-Cash Items | -9M | -2M | -3M | 1M | 4M | 26M | 6M | 1M | 11M | 11M | 11M | 900K | 31M | 22M | 13M | 24M | 2M | 21.1M | -3M | -11.1M |
| Working Capital Changes | -39M | -33M | -114M | 188M | -74M | -79M | -162M | 43M | 13M | -81M | -98M | 136.2M | 39M | -25M | -204M | 102.1M | -65.7M | -138.7M | -162.1M | 135.6M |
| Change in Receivables | -23M | -77M | -32M | 145M | -1M | -29M | -18M | 9M | 19M | -39M | 4M | 93.9M | -19M | -102M | -92M | 19.1M | -52.3M | -103.9M | -86.2M | -80.5M |
| Change in Inventory | -46M | -33M | -20M | 86M | 3M | -19M | -37M | 66M | -32M | -2M | -20M | 37.3M | -4M | 31M | 39M | 25.4M | -69.4M | -59.9M | -91.5M | -3.8M |
| Change in Payables | 7M | 49M | 90M | -62M | -80M | -1M | 66M | -31M | -25M | -4M | 11M | -7.9M | 29M | 10M | -22M | -51.7M | 42.2M | 27.1M | 120.4M | 51.8M |
| Cash from Investing | -41M | -44M | -53M | -90M | -39M | -39M | -44M | -66M | -338M | -17M | -19M | -141.2M | -28M | -31M | -6M | -38.5M | -29.8M | -27.8M | -10.3M | 3.9M |
| Capital Expenditures | -46M | -48M | -50M | -58M | -50M | -45M | -43M | -62M | -33M | -23M | -22M | -32.6M | -31M | -32M | -42M | -43.4M | -35.5M | -29.5M | -42.5M | -22.9M |
| CapEx % of Revenue | 3.51% | 3.57% | 3.99% | 4.6% | 3.88% | 3.45% | 3.41% | 4.73% | 2.5% | 1.7% | 1.7% | 2.51% | 2.37% | 2.47% | 3.27% | 3.51% | 2.87% | 2.39% | 3.62% | 2.01% |
| Acquisitions | 0 | 0 | -8M | -42M | 0 | 0 | -6M | -11M | -290M | 0 | 0 | 0 | 0 | 0 | 0 | -3M | 0 | 0 | 0 | -1.7M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 5M | 4M | 5M | 10M | 11M | 6M | 5M | 7M | -15M | 6M | 3M | -108.6M | 3M | 1M | 7M | 32.9M | 5.7M | 1.7M | 7.2M | 28.5M |
| Cash from Financing | -78M | -82M | -61M | -205M | -117M | -70M | -8M | -111M | -142M | 132M | -82M | -62.3M | -73M | -91M | -88M | -94M | -14.7M | -52.1M | -208.1M | -55M |
| Debt Issued (Net) | -76M | -80M | -55M | -205M | -15M | -5M | -5M | -101M | -90M | 180M | -81M | -54.8M | -19M | -93M | -81M | -80.2M | -15.1M | -26.8M | -30.9M | -26.3M |
| Equity Issued (Net) | 0 | 0 | -6M | 0 | -101M | -63M | -2M | 50M | -50M | -50M | 0 | 0 | -50M | 0 | 0 | 0 | 0 | -25M | -175.1M | -30M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | -100M | -63M | -2M | 50M | -50M | -50M | 0 | 0 | -50M | 0 | 0 | 0 | 0 | -25M | -175.1M | -30M |
| Other Financing | -2M | -2M | 0 | -1M | -1M | -2M | -1M | -60M | -2M | 2M | -1M | -7.5M | -4M | 2M | -7M | -13.8M | 400K | -300K | -2.1M | 1.3M |
| Net Change in Cash | 20M | 25M | -49M | 50M | -18M | 50M | -18M | 25M | -272M | 216M | -76M | 95M | 88M | 5M | -140M | 128.2M | 16.5M | -76.6M | -264.4M | 213.1M |
| Free Cash Flow | 89M | 104M | 18M | 286M | 87M | 97M | -17M | 172M | 165M | 89M | 12M | 253.4M | 179M | 99M | -94M | 202.2M | 44.4M | -17.3M | -86.4M | 245.7M |
| FCF Margin % | 6.79% | 7.73% | 1.44% | 22.66% | 6.75% | 7.43% | -1.35% | 13.12% | 12.5% | 6.59% | 0.93% | 19.53% | 13.67% | 7.65% | -7.32% | 16.35% | 3.58% | -1.4% | -7.36% | 21.61% |
| FCF Growth % | 2.3% | 7.22% | 205.88% | 66.28% | -47.27% | 8.99% | -241.67% | -32.12% | -7.82% | -10.1% | 112.77% | 25.32% | 303.15% | 672.25% | -8.8% | -17.7% | -57.51% | -121.9% | -1207.69% | -2.69% |
| FCF per Share | 0.41 | 0.48 | 0.08 | 1.33 | 0.40 | 0.44 | -0.08 | 0.78 | 0.75 | 0.40 | 0.05 | 1.15 | 0.81 | 0.44 | -0.42 | 0.91 | 0.20 | -0.08 | -0.38 | 1.07 |
| FCF Conversion (FCF/Net Income) | 1.42x | 1.71x | 0.76x | 5.72x | 1.25x | 1.30x | 0.26x | 1.71x | 1.96x | 1.00x | 0.83x | 3.91x | 2.92x | 2.15x | -0.85x | 5.63x | 1.28x | 0.28x | -1.06x | 5.05x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |