MARKET COMPOSITE
AXTA - Axalta Coating Systems Ltd7:59:56 PM 4/26/2024
Price
$31.21
+ 0.29 (0.92%)
Axalta Coating Systems is a coatings company headquartered in Philadelphia, PA and incorporated in Bermuda that develops and manufactures coatings for light and commercial vehicles, industrial, and refinish applications. The firm does business in 130 countries, has nearly 13,000 employees, and has more than 100,000 customers. Axalta traces its origins to the German firm Herberts Gmbh, which began in 1866 coating carriages before moving to automotive painting. Through later mergers the company became DuPont Performance Coatings , part of the American DuPont chemical empire, and was rebranded as Axalta Coating Systems after being purchased by The Carlyle Group in 2013. Axalta went public on the New York Stock Exchange in November 2014 and since then has become fully independent. Carlyle Group exited their last ownership stake in Axalta in 2015.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue1.3B-1%
Gross Profit423.5MM-
Cost Of Revenue873.8MM-1%
Operating Income161.2MM-1%
Operating Expenses262.3MM-
Net Income73.1MM+0%
R&D17.8MM-4%
G&A214.9MM+3%
Amortization22.1MM+6%
Interest Expense55.4MM+1%
Stock Chart

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Stock news

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    PHILADELPHIA, April 23, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, announced today that it has won three 2024 Edison Awards™. Axalta Irus Mix won silver in the Environmental and Industrial Solutions category. Axalta’s Voltatex® 7345 A ECO Wire Enamel and its Low Carbon Footprint Sustainable Coating System with Hyperdur® Primer and Chromadyne® Colorcoat won silver and bronze, respectively, in the Coatings and Manufacturing category. This is th

    Axalta recognized by General Motors as a top global supplier of 2023 Axalta's Dan Naugle (VP, Mobility Americas), Rob Schnell (VP, Global Product Strategy and Commercial Operations) and Dagan Brush (Global Business Director) along with a GM representative at General Motors' annual Supplier of the Year recognition event in Miami. PHILADELPHIA, April 15, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, was recognized by General Motors as a top global

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    PHILADELPHIA, April 02, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, will release its first-quarter 2024 financial results at 6 a.m. ET on Wednesday, May 1. The release and supporting materials will be posted to Axalta’s Investor Relations site. In addition, the company will host a conference call at 8 a.m. ET on May 1. Chris Villavarayan, Chief Executive Officer and President, and Carl Anderson, Senior Vice President and Chief Financial Office

    Artisan Partners, an investment management company, released its “Artisan Select Equity Fund” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. In the fourth quarter, Investor Class: ARTNX returned 12.84%, its Advisor Class: APDNX returned 12.92%, and Institutional Class: APHNX returned 12.88% compared to S&P 500 Index’s 11.69% return. In addition, […]

    Axalta Coating Systems Ltd. ( NYSE:AXTA ), might not be a large cap stock, but it saw a double-digit share price rise...

    PHILADELPHIA, March 21, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE: AXTA), a leading global coatings company, today announced that Robert M. McLaughlin has decided that he will retire from Axalta’s Board of Directors and will not stand for re-election at Axalta’s 2024 Annual General Meeting of Members (the "AGM"). Mr. McLaughlin has been a member of Axalta’s Board since 2014 and currently serves as the Chair of the Audit Committee and a member of the Compensation Committee. Mr. M