CSIMarket
 
Axalta Coating Systems Ltd   (AXTA)
Other Ticker:  
 
 
Price: $33.2900 $-0.09 -0.270%
Day's High: $33.8 Week Perf: -1.3 %
Day's Low: $ 33.29 30 Day Perf: 5.65 %
Volume (M): 1,717 52 Wk High: $ 34.45
Volume (M$): $ 57,149 52 Wk Avg: $30.55
Open: $33.42 52 Wk Low: $25.03



 Market Capitalization (Millions $) 7,357
 Shares Outstanding (Millions) 221
 Employees 13,000
 Revenues (TTM) (Millions $) 5,184
 Net Income (TTM) (Millions $) 269
 Cash Flow (TTM) (Millions $) 55
 Capital Exp. (TTM) (Millions $) 138

Axalta Coating Systems Ltd

Axalta Coating Systems Ltd., a Bermuda exempted company formed at the direction of an affiliate of The Carlyle Group L.P. ("Carlyle"), was incorporated on August 24, 2012 for the purpose of consummating the acquisition of DuPont Performance Coatings ("DPC"), a business formerly owned by E. I. du Pont de Nemours and Company ("DuPont"), including certain assets of DPC and all of the capital stock and other equity interests of certain entities engaged in the DPC business (the "Acquisition"). Axalta, through its wholly-owned indirect subsidiaries, acquired DPC on February 1, 2013.

We are a leading global manufacturer, marketer and distributor of high performance coatings systems. Based on recent market information, we generate approximately 90% of our revenue in markets where we hold the #1 or #2 global market position, including the #1 position in our core automotive refinish end-market with approximately a 25% global market share. We have over a 150-year heritage in the coatings industry and are known for manufacturing high-quality products with well-recognized brands supported by market-leading technology and customer service. Over the course of our history we have remained at the forefront of our industry by continually developing innovative coatings technologies designed to enhance the performance and appearance of our customers products, while improving their productivity and profitability.
Our diverse global footprint of 46 manufacturing facilities, four technology centers, 47 customer training centers and more than 13,000 employees allows us to meet the needs of customers in over 130 countries. We serve our customer base through an extensive sales force and technical support organization, as well as through approximately 4,000 independent, locally-based distributors. Our scale and strong local presence are critical to our success, allowing us to leverage our technology portfolio and customer relationships globally while meeting customer demands locally.

hrough our Performance Coatings segment we provide high-quality liquid and powder coatings solutions to a fragmented and local customer base. We are one of only a few suppliers with the technology to provide precise color matching and highly durable coatings systems. The end-markets within this segment are refinish and industrial.

We develop, market and supply a complete portfolio of innovative coatings systems and color matching technologies to facilitate faster automotive collision repairs relative to competing technologies. Our color matching technology provides Axalta-specific formulations that enable body shops to accurately match thousands of vehicle colors, regardless of vehicle brand, color, age or supplier of the original paint during production. It would be time consuming and costly for a new entrant to create such an extensive color inventory.

Through our Transportation Coatings segment, we provide advanced coating technologies to OEMs of light and commercial vehicles. These increasingly global customers require a high level of technical support coupled with cost-effective, environmentally responsible coatings systems that can be applied with a high degree of precision, consistency and speed.



   Company Address: 1050 Constitution Avenue Philadelphia 19112 PA
   Company Phone Number: 547-1461   Stock Exchange / Ticker: NYSE AXTA
   


Customers Net Income grew by AXTA's Customers Net Profit Margin grew to

4.14 %

8.62 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CE        3.67% 
FUL   -0.18%    
HUN   -3.88%    
LYB   -0.68%    
NEU        0.73% 
PPG   -1.59%    
• View Complete Report
   



Axalta Coating Systems Ltd

Enhanced Performance at Chemical Manufacturing Company Reflects a Significant Income Growth of 70.66% throughout the Financial Year Ending December 31, 2023

Financial News Report:
Axalta Coating Systems Ltd, a leading global coatings company, announced its financial results for the fourth quarter and full year ended December 31, 2023. The company reported impressive income earnings during this period, with income per share increasing by 70.66% to $0.34 per share. Revenue also saw a moderate growth of 4.9% to $1.30 billion compared to the same quarter a year ago.
This strong performance from Axalta Coating Systems is particularly notable considering the decline in revenue experienced by the Chemical Manufacturing sector as a whole, which averaged -5.26%. In comparison, Axalta Coating Systems demonstrated top-line improvement.

Management Announcement

Axalta Announces Starry Night as the 2024 Global Automotive Color of the Year; Achieves Above-Average ROI in Q3 2023.

Published Mon, Jan 29 2024 3:00 PM UTC


In an exciting announcement, Axalta Coating Systems Ltd revealed that the vibrant and captivating shade known as Starry Night has been chosen as the Global Automotive Color of the Year for 2024. This dynamic black hue is set to evoke the depths of our universe and the wonders of space exploration.
Despite the challenges faced by the company in the third quarter of ...

Axalta Coating Systems Ltd

Axalta Coating Systems Ltd Defies Industry Norms, Achieving Impressive 5.675% Revenue Growth in Q3 2023 Earnings Season



Axalta Coating Systems Ltd, a chemical manufacturing company, has defied the odds during the third quarter of the 2023 earnings season. While most companies within the Chemical Manufacturing sector are grappling with declining revenue and receding orders, Axalta has achieved impressive financial results. This article examines the financial figures from their latest earnings report and delves into how these numbers could impact the company's future.
Revenue Growth:
During the third quarter of 2023, Axalta saw a significant increase in revenue. Comparing it to the prior year financial reporting period, revenue rose by 5.675%, reaching $1.31 billion, compared to $1.24 billion the previous year. Notably, the chemical manufacturing industry faced a decline in revenue, making Axalta's performance even more commendable. Additionally, revenue grew by 1.167% from the preceding quarter, showcasing the company's ability to withstand market challenges.

Earnings announcement

Axalta Coating Systems Strives for Growth Amid Rising Costs and Stockpile Concerns

Published Fri, Oct 27 2023 3:00 PM UTC



Axalta Coating Systems Ltd has recently been named the exclusive supplier for BMW Group's private paint label ColorSystem in the EMEA region. While the company has recorded a revenue increase, there are concerns about rising costs of revenue and stockpiling by corporate clients. This article explores the implications of these trends and highlights the performance o...

Axalta Coating Systems Ltd

Stellar 35% Rise in EPS Boosts Axalta Coating Systems' Q2 Profits of 2023

Axalta Coating Systems Ltd (AXTA), a leading global supplier of coatings, provides various performance and transportation coatings for a wide range of industries. The company recently released its financial results for the fiscal second quarter of 2023, showcasing impressive growth in both earnings per share (EPS) and revenue.
In terms of EPS, Axalta saw a significant improvement, with the figure soaring by 35% to $0.27 per share. This is a remarkable increase compared to the previous financial reporting period, where the company achieved the same EPS. The substantial boost in EPS indicates that Axalta's profitability is on the rise, which is certainly promising for investors.






 

Axalta Coating Systems Ltd's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Axalta Coating Systems Ltd does not provide revenue guidance.

Earnings Outlook
Axalta Coating Systems Ltd does not provide earnings estimates.

 
Geographic Revenue Dispersion




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com