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Axalta Coating Systems AXTA Mobility Coatings — Foreign currency translation

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Performance Coatings
-$4M-104%

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Other financials

Income statement

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Revenue$1.3B+3.1%
Gross profit$465.0M+1.8%
Operating income$167.0M-13.5%
Net income$89.0M-18.3%
EPS (diluted)$0.41-18.0%

Balance sheet

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Cash & equivalents$636.0M+1.3%
Total debt$3.6B+4.4%
Total equity$2.5B+11.3%
Total assets$7.7B-1.1%

Cash flow

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Operating cash flow$152.0M+7.0%
CapEx$48.0M+6.7%
Free cash flow$104.0M+7.2%

Valuation

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Market cap$8.03B+30.3%
Enterprise value$10.97B+22.5%
P/E23×+9.2×
P/S1.6×+0.4×

Profitability

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Gross margin34%-0.6pp
Operating margin13.2%-1.2pp
Net margin6.8%-1.8pp
FCF margin9.6%+1.7pp

Returns & leverage

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Return on equity14.6%-7.5pp
Debt / equity1.4×-0.1×
Current ratio1.5×-0.6×

Where this comes from

Reported directly by Axalta Coating Systems in its filing.

Tagged under the XBRL concept us-gaap:GoodwillForeignCurrencyTranslationGainLoss.

The source filing: Axalta Coating Systems’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 12:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050466
Line itemPerformance CoatingsMobility CoatingsTotal
Balance at December 31, 2025$1,714$81$1,795
Goodwill from acquisitions66
Foreign currency translation(32)(2)(34)
Balance at June 30, 2026$1,688$79$1,767

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Axalta Coating Systems's mobility coatings — foreign currency translation?
Axalta Coating Systems (AXTA) reported mobility coatings — foreign currency translation of -$1M in Q2 2026.
How has Axalta Coating Systems's mobility coatings — foreign currency translation changed year-over-year?
Axalta Coating Systems's mobility coatings — foreign currency translation decreased by 125.0% year-over-year, from $4M to -$1M.
What is the long-term trend for Axalta Coating Systems's mobility coatings — foreign currency translation?
Over 2 years (2023 to 2025), Axalta Coating Systems's mobility coatings — foreign currency translation has grown at a 78.4% compound annual growth rate (CAGR), from $2.2M to $7M.
What does mobility coatings — foreign currency translation mean?
Reflects the impact of fluctuations in exchange rates on the financial results of the Mobility Coatings segment, which operates across multiple international jurisdictions. This metric quantifies the gains or losses arising from converting the financial statements of foreign subsidiaries into the reporting currency. It serves as a key indicator of the segment's exposure to global macroeconomic volatility.

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