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Axalta Coating Systems AXTA Performance Coatings — Goodwill

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$79M-1.3%

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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:Goodwill.

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 performance coatings — goodwill?
Axalta Coating Systems (AXTA) reported performance coatings — goodwill of $1.69B in Q2 2026.
How has Axalta Coating Systems's performance coatings — goodwill changed year-over-year?
Axalta Coating Systems's performance coatings — goodwill decreased by 0.4% year-over-year, from $1.7B to $1.69B.
What is the long-term trend for Axalta Coating Systems's performance coatings — goodwill?
Over 4 years (2021 to 2025), Axalta Coating Systems's performance coatings — goodwill has grown at a 5.3% compound annual growth rate (CAGR), from $5.44B to $6.7B.
What does performance coatings — goodwill mean?
Represents the total carrying value of goodwill allocated to the Performance Coatings business segment. This intangible asset reflects the premium paid over the fair value of net identifiable assets during acquisitions within this specific business unit. It serves as an indicator of the segment's historical inorganic growth strategy and potential impairment risk.

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