Axalta Coating Systems Ltd.
AXTA · Paints, Varnishes, Lacquers, Enamels & Allied Prods · 214.0M shares · -2%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $24M (gross $50M, SBC $26M)
Reference price $31.06 · est. market cap ~$6.6B — last insider sale, 2025-08-19 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B73Profitable, well-branded global coatings leader with top-quartile ROE/ROA and strong operating margins, pending acquisition by AkzoNobel.
Strengths
- ROE 16.1% (73rd pct), ROA 4.97% (78th pct), operating margin 14.4% (79th pct)
- Solid FCF generation (FCF 83rd pct) and durable refinish color-match moat
Risks
- Revenue declined 3% on lower volumes (growth 22nd pct)
- Elevated leverage (debt/equity 85th pct) and merger-integration/closing risk
Notable findings
- Pending mergerRisks Related to the Proposed Merger with Akzo Nobel N
- China exposuregovernmental regulations and procurement policies and practices, including regulations relating to import-export control, tariffs, investment, exchange controls, anti-corruption and repatriation of ea
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
34.4%
Operating margin
14.4%
Net margin
7.4%
Return on equity
16.1%
Return on assets
5.0%
ROIC
10.5%
Revenue growth (QoQ)
-0.6%
Net-income growth
-3.3%
Debt / equity
1.4×
Net debt / EBITDA
2.5×
Interest coverage
4.2×
Current ratio
2.1×
Free cash flow
$453M
EBITDA
$1.0B
Tangible book value
-$596M
Cash & investments
$657M
Stock comp / revenue
0.5%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-03-04 | Weaver Troy D. | Option exercise | 4.4K | — |
| 2026-03-04 | Weaver Troy D. | Tax withheld | 2.0K | $31.40 |
| 2026-03-04 | Anderson Carl Douglas II | Option exercise | 6.8K | — |
| 2026-03-04 | Anderson Carl Douglas II | Tax withheld | 3.1K | $31.40 |
| 2026-03-04 | Awada Hadi | Option exercise | 3.5K | — |
| 2026-03-04 | Awada Hadi | Tax withheld | 1.5K | $31.40 |
| 2026-03-04 | Villavarayan Chris | Option exercise | 26K | — |
| 2026-03-04 | Villavarayan Chris | Tax withheld | 12K | $31.40 |
| 2026-03-04 | Bowes Timothy Earl Joseph | Option exercise | 3.5K | — |
| 2026-03-04 | Bowes Timothy Earl Joseph | Tax withheld | 1.6K | $31.40 |
| 2026-03-04 | Massey Anthony | Option exercise | 2.2K | — |
| 2026-03-04 | Massey Anthony | Tax withheld | 677 | $31.40 |
| 2026-03-04 | Zappone Mary Slagle | Option exercise | 5.8K | — |
| 2026-03-04 | Stein Kevin M | Option exercise | 5.8K | — |
| 2026-03-04 | Smolik Samuel L. | Option exercise | 5.8K | — |
| 2026-03-04 | SACHDEV RAKESH | Option exercise | 5.8K | — |
| 2026-03-04 | Kissire Deborah J. | Option exercise | 5.8K | — |
| 2026-03-04 | Jordan Tyrone Michael | Option exercise | 5.8K | — |
| 2026-03-04 | COOK WILLIAM M | Option exercise | 5.8K | — |
| 2026-03-04 | Bertsch Jan | Option exercise | 5.8K | — |
| 2026-03-03 | Bowes Timothy Earl Joseph | Option exercise | 8.1K | — |
| 2026-03-03 | Bowes Timothy Earl Joseph | Tax withheld | 3.7K | $31.68 |
| 2026-03-03 | Bowes Timothy Earl Joseph | Option exercise | 15K | — |
| 2026-03-03 | Bowes Timothy Earl Joseph | Tax withheld | 7.0K | $31.68 |
| 2026-03-03 | Awada Hadi | Option exercise | 7.2K | — |
| 2026-03-03 | Awada Hadi | Tax withheld | 3.1K | $31.68 |
| 2026-03-03 | Awada Hadi | Option exercise | 14K | — |
| 2026-03-03 | Awada Hadi | Tax withheld | 5.9K | $31.68 |
| 2026-03-03 | Massey Anthony | Option exercise | 1.2K | — |
| 2026-03-03 | Massey Anthony | Tax withheld | 376 | $31.68 |
| 2026-03-03 | Massey Anthony | Option exercise | 2.3K | — |
| 2026-03-03 | Massey Anthony | Tax withheld | 714 | $31.68 |
| 2026-03-03 | Anderson Carl Douglas II | Tax withheld | 13K | $31.68 |
| 2026-03-03 | Tufano Amy | Option exercise | 426 | — |
| 2026-03-03 | Tufano Amy | Tax withheld | 219 | $31.68 |
| 2026-03-03 | Tablin-Wolf Alex | Option exercise | 245 | — |
| 2026-03-03 | Tablin-Wolf Alex | Tax withheld | 127 | $31.68 |
| 2026-03-03 | Tablin-Wolf Alex | Option exercise | 369 | — |
| 2026-03-03 | Tablin-Wolf Alex | Tax withheld | 191 | $31.68 |
| 2026-03-03 | Tufano Amy | Option exercise | 283 | — |
| 2026-03-03 | Anderson Carl Douglas II | Option exercise | 28K | — |
| 2026-03-03 | Tufano Amy | Tax withheld | 145 | $31.68 |
| 2026-03-03 | Anderson Carl Douglas II | Option exercise | 52K | — |
| 2026-03-03 | Anderson Carl Douglas II | Tax withheld | 23K | $31.68 |
| 2026-03-03 | Villavarayan Chris | Option exercise | 51K | — |
| 2026-03-03 | Villavarayan Chris | Tax withheld | 23K | $31.68 |
| 2026-03-03 | Villavarayan Chris | Option exercise | 96K | — |
| 2026-03-03 | Villavarayan Chris | Tax withheld | 44K | $31.68 |
| 2026-03-03 | Weaver Troy D. | Option exercise | 9.0K | — |
| 2026-03-03 | Weaver Troy D. | Tax withheld | 4.1K | $31.68 |
| 2026-03-03 | Weaver Troy D. | Option exercise | 17K | — |
| 2026-03-03 | Weaver Troy D. | Tax withheld | 7.8K | $31.68 |
| 2026-02-28 | Weaver Troy D. | Option exercise | 4.5K | — |
| 2026-02-28 | Weaver Troy D. | Tax withheld | 2.1K | $33.41 |
| 2026-02-28 | Weaver Troy D. | Option exercise | 4.6K | — |
| 2026-02-28 | Weaver Troy D. | Tax withheld | 2.2K | $33.41 |
| 2026-02-28 | Villavarayan Chris | Option exercise | 25K | — |
| 2026-02-28 | Villavarayan Chris | Tax withheld | 12K | $33.41 |
| 2026-02-28 | Villavarayan Chris | Option exercise | 25K | — |
| 2026-02-28 | Villavarayan Chris | Tax withheld | 11K | $33.41 |
| 2026-02-28 | Massey Anthony | Option exercise | 2.7K | — |
| 2026-02-28 | Massey Anthony | Tax withheld | 855 | $33.41 |
| 2026-02-28 | Massey Anthony | Option exercise | 2.9K | — |
| 2026-02-28 | Massey Anthony | Tax withheld | 1.1K | $33.41 |
| 2026-02-28 | Bowes Timothy Earl Joseph | Option exercise | 4.0K | — |
| 2026-02-28 | Bowes Timothy Earl Joseph | Tax withheld | 1.9K | $33.41 |
| 2026-02-28 | Bowes Timothy Earl Joseph | Option exercise | 3.7K | — |
| 2026-02-28 | Bowes Timothy Earl Joseph | Tax withheld | 1.7K | $33.41 |
| 2026-02-28 | Awada Hadi | Option exercise | 3.6K | — |
| 2026-02-28 | Awada Hadi | Tax withheld | 1.6K | $33.41 |
| 2026-02-28 | Awada Hadi | Option exercise | 3.7K | — |
| 2026-02-28 | Awada Hadi | Tax withheld | 1.7K | $33.41 |
| 2026-02-28 | Anderson Carl Douglas II | Option exercise | 7.2K | — |
| 2026-02-28 | Anderson Carl Douglas II | Tax withheld | 3.0K | $33.41 |
| 2026-01-27 | Bowes Timothy Earl Joseph | Option exercise | 2.0K | — |
| 2026-01-27 | Bowes Timothy Earl Joseph | Tax withheld | 1.0K | $33.60 |
| 2025-12-23 | Tufano Amy | Tax withheld | 719 | $32.28 |
| 2025-12-23 | Tufano Amy | Option exercise | 2.2K | — |
| 2025-12-23 | Tufano Amy | Tax withheld | 1.0K | $32.28 |
| 2025-12-23 | Tufano Amy | Option exercise | 2.5K | — |
| 2025-12-23 | Tufano Amy | Tax withheld | 1.1K | $32.28 |
| 2025-12-23 | Tufano Amy | Option exercise | 2.7K | — |
| 2025-12-23 | Tufano Amy | Tax withheld | 1.2K | $32.28 |
| 2025-12-23 | Tufano Amy | Option exercise | 1.6K | — |
| 2025-12-23 | Tufano Amy | Option exercise | 545 | — |
| 2025-12-23 | Tufano Amy | Tax withheld | 251 | $32.28 |
| 2025-12-23 | Tablin-Wolf Alex | Option exercise | 1.9K | — |
| 2025-12-23 | Tablin-Wolf Alex | Tax withheld | 873 | $32.28 |
| 2025-12-23 | Tablin-Wolf Alex | Option exercise | 3.3K | — |
| 2025-12-23 | Tablin-Wolf Alex | Tax withheld | 1.5K | $32.28 |
| 2025-12-23 | Tablin-Wolf Alex | Option exercise | 3.5K | — |
| 2025-12-23 | Tablin-Wolf Alex | Tax withheld | 1.6K | $32.28 |
| 2025-12-23 | Tablin-Wolf Alex | Option exercise | 1.4K | — |
| 2025-12-23 | Tablin-Wolf Alex | Tax withheld | 626 | $32.28 |
| 2025-12-23 | Tablin-Wolf Alex | Option exercise | 471 | — |
| 2025-12-23 | Tablin-Wolf Alex | Tax withheld | 218 | $32.28 |
| 2025-12-22 | Weaver Troy D. | Option exercise | 11K | $23.24 |
| 2025-12-22 | Weaver Troy D. | Tax withheld | 9.3K | $32.24 |
| 2025-09-19 | Tablin-Wolf Alex | Option exercise | 4.9K | — |
| 2025-09-19 | Tablin-Wolf Alex | Tax withheld | 2.3K | $30.27 |
| 2025-09-19 | Tufano Amy | Option exercise | 3.7K | — |
| 2025-09-19 | Tufano Amy | Tax withheld | 1.7K | $30.27 |
| 2025-08-19 | Tufano Amy | Sell | 3.2K | $31.06 |
| 2025-08-14 | Anderson Carl Douglas II | Option exercise | 21K | — |
| 2025-08-14 | Anderson Carl Douglas II | Tax withheld | 9.5K | $30.62 |
| 2025-08-01 | Massey Anthony | Option exercise | 2.1K | — |
| 2025-08-01 | Massey Anthony | Tax withheld | 641 | $27.82 |
| 2025-03-04 | Weaver Troy D. | Option exercise | 5.4K | — |
| 2025-03-04 | Weaver Troy D. | Tax withheld | 2.5K | $34.29 |
| 2025-03-04 | Tufano Amy | Option exercise | 540 | — |
| 2025-03-04 | Tufano Amy | Tax withheld | 249 | $34.29 |
| 2025-03-04 | Massey Anthony | Option exercise | 731 | — |
| 2025-03-04 | Massey Anthony | Tax withheld | 205 | $34.29 |
| 2025-03-04 | Tablin-Wolf Alex | Option exercise | 450 | — |
| 2025-03-04 | Tablin-Wolf Alex | Tax withheld | 209 | $34.29 |
| 2025-03-04 | Awada Hadi | Option exercise | 4.3K | — |
| 2025-03-04 | Awada Hadi | Tax withheld | 1.9K | $34.29 |
| 2025-02-28 | Awada Hadi | Option exercise | 3.6K | — |
| 2025-02-28 | Awada Hadi | Tax withheld | 1.6K | $36.21 |
| 2025-02-28 | Awada Hadi | Option exercise | 3.7K | — |
| 2025-02-28 | Awada Hadi | Tax withheld | 1.6K | $36.21 |
| 2025-02-28 | Weaver Troy D. | Option exercise | 4.5K | — |
| 2025-02-28 | Weaver Troy D. | Tax withheld | 2.1K | $36.21 |
| 2025-02-28 | Weaver Troy D. | Option exercise | 4.6K | — |
| 2025-02-28 | Weaver Troy D. | Tax withheld | 2.1K | $36.21 |
| 2025-02-28 | Tufano Amy | Option exercise | 2.2K | — |
| 2025-02-28 | Tufano Amy | Tax withheld | 1.0K | $36.21 |
| 2025-02-28 | Tufano Amy | Option exercise | 2.5K | — |
| 2025-02-28 | Tufano Amy | Tax withheld | 1.1K | $36.21 |
| 2025-02-28 | Tablin-Wolf Alex | Option exercise | 1.9K | — |
| 2025-02-28 | Tablin-Wolf Alex | Tax withheld | 874 | $36.21 |
| 2025-02-28 | Tablin-Wolf Alex | Option exercise | 3.3K | — |
| 2025-02-28 | Tablin-Wolf Alex | Tax withheld | 1.5K | $36.21 |
| 2025-02-28 | Massey Anthony | Option exercise | 2.7K | — |
| 2025-02-28 | Massey Anthony | Tax withheld | 764 | $36.21 |
| 2025-02-28 | Massey Anthony | Option exercise | 2.9K | — |
| 2025-02-28 | Massey Anthony | Tax withheld | 815 | $36.21 |
| 2025-02-28 | Villavarayan Chris | Option exercise | 25K | — |
| 2025-02-28 | Villavarayan Chris | Tax withheld | 12K | $36.21 |
| 2025-02-28 | Villavarayan Chris | Option exercise | 25K | — |
| 2025-02-28 | Villavarayan Chris | Tax withheld | 11K | $36.21 |
| 2025-02-28 | Bowes Timothy Earl Joseph | Option exercise | 4.0K | — |
| 2025-02-28 | Bowes Timothy Earl Joseph | Tax withheld | 2.1K | $36.21 |
| 2025-02-28 | Bowes Timothy Earl Joseph | Option exercise | 3.7K | — |
| 2025-02-28 | Bowes Timothy Earl Joseph | Tax withheld | 1.9K | $36.21 |
| 2025-02-28 | Anderson Carl Douglas II | Option exercise | 7.2K | — |
| 2025-02-28 | Anderson Carl Douglas II | Tax withheld | 2.9K | $36.21 |
| 2025-02-28 | Zappone Mary Slagle | Option exercise | 6.2K | — |
| 2025-02-28 | Stein Kevin M | Option exercise | 6.2K | — |
| 2025-02-28 | Smolik Samuel L. | Option exercise | 6.2K | — |
| 2025-02-28 | SACHDEV RAKESH | Option exercise | 6.2K | — |
| 2025-02-28 | Kissire Deborah J. | Option exercise | 6.2K | — |
| 2025-02-28 | Jordan Tyrone Michael | Option exercise | 6.2K | — |
| 2025-02-28 | COOK WILLIAM M | Option exercise | 6.2K | — |
| 2025-02-28 | Bertsch Jan | Option exercise | 6.2K | — |
| 2025-02-15 | Weaver Troy D. | Option exercise | 4.6K | — |
| 2025-02-15 | Weaver Troy D. | Tax withheld | 2.2K | $37.17 |
| 2025-02-15 | Awada Hadi | Option exercise | 3.7K | — |
| 2025-02-15 | Awada Hadi | Tax withheld | 1.7K | $37.17 |
| 2025-02-15 | Tufano Amy | Option exercise | 2.1K | — |
| 2025-02-15 | Tufano Amy | Tax withheld | 1.1K | $37.17 |
| 2025-02-15 | Massey Anthony | Option exercise | 2.8K | — |
| 2025-02-15 | Massey Anthony | Tax withheld | 939 | $37.17 |
| 2025-02-15 | Tablin-Wolf Alex | Option exercise | 1.7K | — |
| 2025-02-15 | Tablin-Wolf Alex | Tax withheld | 895 | $37.17 |
| 2025-02-10 | Weaver Troy D. | Option exercise | 10K | $32.50 |
| 2025-02-10 | Weaver Troy D. | Sell | 10K | $37.57 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-04 | Shareholder vote | filing ↗ |
| 2026-05-28 | Material agreementExhibits | filing ↗ |
| 2026-04-30 | ResultsExhibits | filing ↗ |
| 2026-02-10 | ResultsExhibits | filing ↗ |
| 2025-12-19 | Exec/director changeExhibits | filing ↗ |
| 2025-11-18 | Material agreementOtherExhibits | filing ↗ |
| 2025-10-28 | ResultsOtherExhibits | filing ↗ |
| 2025-07-30 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-04 | 2026-06-03 | 0001628280-26-040819 ↗ |
| 8-K | 2026-05-28 | 2026-05-27 | 0001193125-26-242917 ↗ |
| 10-Q | 2026-04-30 | 2026-03-31 | 0001628280-26-028698 ↗ |
| 8-K | 2026-04-30 | 2026-04-30 | 0001628280-26-028553 ↗ |
| 10-K | 2026-02-13 | 2025-12-31 | 0001628280-26-008008 ↗ |
| 8-K | 2026-02-10 | 2026-02-10 | 0001616862-26-000001 ↗ |
| 8-K | 2025-12-19 | 2025-12-15 | 0001628280-25-058244 ↗ |
| 8-K | 2025-11-18 | 2025-11-18 | 0001193125-25-285351 ↗ |
| 10-Q | 2025-10-29 | 2025-09-30 | 0001628280-25-047015 ↗ |
| 8-K | 2025-10-28 | 2025-10-28 | 0001628280-25-046548 ↗ |
| 8-K | 2025-07-30 | 2025-07-30 | 0001616862-25-000035 ↗ |
| 10-Q | 2025-07-30 | 2025-06-30 | 0001616862-25-000037 ↗ |