Company Information

  

Address: TWO COMMERCE SQUARE
2001 MARKET STREET, SUITE 3600 
City: PHILADELPHIA 
State: PA 
Zip Code: 19103 
Telephone: (855) 547-1461 

Description of Business

Primary SIC Code: 2851
(As filed with the SEC)  

Axalta Coating Systems Ltd. ("Axalta," the "Company," "we," "our" and "us"), a Bermuda exempted company formed at the direction of an affiliate of The Carlyle Group L.P. ("Carlyle"), was incorporated on August 24, 2012 for the purpose of consummating the acquisition of DuPont Performance Coatings ("DPC"), a business formerly owned by E. I. du Pont de Nemours and Company ("DuPont"), including certain assets of DPC and all of the capital stock and other equity interests of certain entities engaged in the DPC business (the "Acquisition"). Axalta, through its wholly-owned indirect subsidiaries, acquired DPC on February 1, 2013. We are a leading global manufacturer, marketer and distributor of high performance coatings systems. We have over a 150-year heritage in the coatings industry and are known for manufacturing high-quality products with well-recognized brands supported by market-leading technology and customer service.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20180.17NA177.59
12/20170.15NA215.73
09/20170.26NA111.23
06/20170.01NA3204.00
03/20170.30NA107.33
12/20160.17NA160.00
09/20161.06NA26.67
06/20161.25NA21.22

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.02Total Liab/Total Assets0.81
Net Inc/Total Assets0.01Total Liab/Inv Cap0.97
Net Inc/Inv Cap0.01Total Liab/Comm Equity3.61
Pretax Inc/Net Sales0.04Interest Coverage Ratio2.29
Net Inc/Net Sales0.01Curr Debt/Equity0.03
Cash Flow/Net Sales0.12LTD/Equity3.04
SG&A/NetSales0.23Total Debt/Equity3.07
Asset Utilization   Liquidity  
Net Receivables Turnover5.24Quick Ratio1.58
Inventory Turnover4.88Current Ratio2.14
Inventory Day Sales0.01Net Rec/Curr Assets0.38
Net Sales/Work Cap3.55Inv/Curr Assets0.26
Net Sales/PP&E3.15  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 1,172.00 1,172.40 1,096.30 1,094.60
Cost of Goods Sold 776.00 746.00 702.50 689.70
Selling & Admin Exps 227.80 209.00 246.40 317.70
Operating Income 120.00 100.90 104.00 47.00
Interest Exp 39.40 37.90 37.70 35.60
Pretax Income 82.80 64.80 58.40 -9.40
Other Income 2.20 1.80 -7.90 -20.80
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 69.90 -61.50 54.90 -20.80

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 603.30 772.90 592.00 485.00
Receivables - Total 940.90 870.20 889.00 961.40
Inventories - Total 641.80 608.60 624.40 580.10
Total Current Assets 2,302.90 2,315.60 2,174.10 2,095.00
Net Property, Plant & Equipment 1,407.80 1,388.60 1,386.10 1,370.70
Total Assets 6,947.40 6,832.20 6,812.60 6,657.10
Liabilities        
Accounts Payable 977.70 1,044.50 992.60 946.10
Debt in Current Liabilities 41.80 37.70 37.80 35.50
Total Current Liabilities 1,019.50 1,082.20 1,030.40 981.60
Long-Term Debt 3,919.50 3,877.90 3,865.20 3,823.40
Total Liabilities 5,526.00 5,556.10 5,503.20 5,390.90
Stockholder's Equity        
Minority Interest 103.00 131.70 124.90 125.30
Preferred Stock NA NA NA NA
Common Stock 243.30 242.40 242.10 241.50
Retained Earnings 61.40 -21.40 40.10 -14.80
Treasury Stock -61.70 -58.40 -58.40 -8.30
Total Stockholders' Equity 1,421.40 1,276.10 1,309.40 1,266.20
Total Liabilities and Stockholders' Equity 6,947.40 6,832.20 6,812.60 6,657.10

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -21.00 233.60 212.30 98.80
Net Cash Provided by Investing Activities -144.60 -42.90 -51.40 -505.90
Net Cash Provided by Financing Activities -14.30 -13.40 -56.60 441.90

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20133,986.80-224.90--
12/20144,391.5027.40--
12/20154,110.0091.601.01
12/20164,092.7038.800.17
12/20174,377.0036.700.15
Growth Rates2.36----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18405249,084--




Report Date : 7/16/2018

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