What is Axalta Coating Systems's net debt?

Axalta Coating Systems (AXTA) reported net debt of $2.54B in Q1 2026.

How has Axalta Coating Systems's net debt changed year-over-year?

Axalta Coating Systems's net debt decreased by 10.7% year-over-year, from $2.84B to $2.54B.

What is the long-term trend for Axalta Coating Systems's net debt?

Over 5 years (2020 to 2025), Axalta Coating Systems's net debt has grown at a -0.2% compound annual growth rate (CAGR), from $2.73B to $2.7B.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Axalta Coating Systems AXTA Net debt

Discontinued — last reported Q1 '26

Net debt at other companies

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LAD

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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

See full

Return on equity16.4%-7.2pp

Debt / equity1.3×-0.3×

Current ratio2.1×0.0×

Where this comes from

Calculated from Axalta Coating Systems’s reported figures.

$3.2Btotal debt−$611.0Mcash and equivalents=$2.54B

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 net debt?: Axalta Coating Systems (AXTA) reported net debt of $2.54B in Q1 2026.
How has Axalta Coating Systems's net debt changed year-over-year?: Axalta Coating Systems's net debt decreased by 10.7% year-over-year, from $2.84B to $2.54B.
What is the long-term trend for Axalta Coating Systems's net debt?: Over 5 years (2020 to 2025), Axalta Coating Systems's net debt has grown at a -0.2% compound annual growth rate (CAGR), from $2.73B to $2.7B.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.