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Below are the financial statements of Axalta Coating Systems, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Axalta Coating Systems, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 5,276a | 5,184a | 4,884a |
| Cost of goods sold | -3,478a | -3,566a | -3,466a |
| Selling, general and administrative expenses | -847a | -840a | -772a |
| Other operating charges | -79a | -28a | -32a |
| Research and development expenses | -74a | -74a | -66a |
| Amortization of acquired intangibles | -92a | -88a | -125a |
| Income from operations | 706a | 588a | 423a |
| Interest expense, net | -205a | -213a | -140a |
| Other expense, net | -5a | -20a | -26a |
| Income before income taxes | 496a | 355a | 257a |
| Provision for income taxes | -105a | -86a | -65a |
| Net income | 391a | 269a | 192a |
| Less: net income attributable to noncontrolling interests | 0a | 2a | 0a |
| Net income attributable to common shareholders | 391a | 267a | 192a |
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