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Axalta Coating Systems AXTA Refinish — Net Sales

Other product segments

Light Vehicle
$349M+2.6%
Industrial
$304M-2.3%
Commercial Vehicle
$103M+3.0%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 refinish — net sales?
Axalta Coating Systems (AXTA) reported refinish — net sales of $498M in Q1 2026.
How has Axalta Coating Systems's refinish — net sales changed year-over-year?
Axalta Coating Systems's refinish — net sales decreased by 2.5% year-over-year, from $511M to $498M.
What is the long-term trend for Axalta Coating Systems's refinish — net sales?
Over 4 years (2021 to 2025), Axalta Coating Systems's refinish — net sales has grown at a 3.7% compound annual growth rate (CAGR), from $1.78B to $2.05B.
What does refinish — net sales mean?
This metric represents the total revenue generated from the sale of high-performance liquid and powder coating systems specifically designed for the automotive refinish market. It reflects the demand for repair and maintenance coatings used by body shops and independent repair facilities to restore vehicle aesthetics and durability. Tracking this figure provides insight into the performance of the company's most stable and high-margin segment, which is largely driven by collision repair activity and aftermarket demand.