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Axalta Coating Systems AXTA Performance Coatings — Cost of goods sold

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Other financials

Income statement

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Revenue$1.3B-0.6%
Gross profit$416.0M-3.9%
Operating income$146.0M-17.0%
Net income$90.0M-9.1%
EPS (diluted)$0.42-6.7%

Balance sheet

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Cash & equivalents$611.0M+5.7%
Total debt$3.2B-7.9%
Total equity$2.4B+16.6%
Total assets$7.6B+2.0%

Cash flow

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Operating cash flow$68.0M+162%
CapEx$50.0M+16.3%
Free cash flow$18.0M+206%

Valuation

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Market cap$7.44B-18.3%
Enterprise value$9.98B-16.2%
P/E20.2×-0.1×
P/S1.5×-0.3×

Profitability

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Gross margin34.2%-0.2pp
Operating margin13.8%-0.7pp
Net margin7.2%-1.3pp
FCF margin9.6%+1.8pp

Returns & leverage

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Return on equity16.4%-7.2pp
Debt / equity1.3×-0.3×
Current ratio2.1×0.0×

Where this comes from

Reported directly by Axalta Coating Systems in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Axalta Coating Systems’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Axalta Coating Systems's performance coatings — cost of goods sold?
Axalta Coating Systems (AXTA) reported performance coatings — cost of goods sold of $445M in Q1 2026.
How has Axalta Coating Systems's performance coatings — cost of goods sold changed year-over-year?
Axalta Coating Systems's performance coatings — cost of goods sold increased by 1.1% year-over-year, from $440M to $445M.
What is the long-term trend for Axalta Coating Systems's performance coatings — cost of goods sold?
Over 3 years (2022 to 2025), Axalta Coating Systems's performance coatings — cost of goods sold has grown at a -3.3% compound annual growth rate (CAGR), from $1.95B to $1.77B.
What does performance coatings — cost of goods sold mean?
Includes the direct costs attributable to the production of the goods sold by the Performance Coatings segment, such as raw materials, labor, and manufacturing overhead. Monitoring this metric is critical for evaluating the segment's production efficiency and the impact of input cost inflation on gross margins. Lowering this relative to sales indicates improved operational leverage.