Axalta Coating Systems (AXTA)
NYSE:AXTA
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.64Last Year’s EPS
0.64Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational execution and several record achievements (cash generation, Mobility sales and margins, ongoing margin durability, procurement gains and progress on a high‑value merger) that outweighed modest top‑line softness, regional volume weakness (notably in North America), transaction costs and macro/raw material uncertainty. Management maintained full‑year guidance but flagged tracking toward the lower end of ranges and highlighted geopolitical/risk exposure.Company Guidance
Solid Financial Results Above Expectations
Net sales of $1.254 billion (≈$1.25B) with adjusted EBITDA of $259 million and adjusted diluted EPS of $0.56, with EPS coming in 12% above expectations and adjusted EBITDA margin of 20.6%.
Record Cash Generation
Company first-quarter records: cash provided by operating activities $68 million (up $42M year-over-year) and free cash flow $21 million (improved $35M year-over-year).
Mobility Segment Strength
Mobility delivered record Q1 net sales of $452 million (up 3% YoY) and adjusted EBITDA of $79 million (vs. $73M prior year); margin expanded 100 basis points year-over-year to 17.5%.
Sustained Margin and Cost Discipline
Adjusted EBITDA margins have exceeded 20% for 9 consecutive quarters; SG&A declined 7% year-over-year on a constant-currency basis and 12 consecutive quarters of year-over-year improvement in variable costs.
Operational and Procurement Improvements
Approximately 60% of direct spend now under contract (vs. higher spot previously), ~90% of direct buys locally sourced, inventory around 115 days, and procurement/indexation actions providing better volatility control.
Industrial Profitability Momentum
Marked the 12th consecutive quarter of year-over-year profitability improvement in Industrial; Asia delivered 5 consecutive quarters of volume growth and Europe showed signs of recovery.
Refinish Stabilization and Share Gains
Refinish sales stabilized near $500 million (Q1 net sales $498M) with net body shop wins up 10% YoY and expansion with MSOs; IRIS mixing installations nearing 1,000.
Capital Structure and Interest Expense Improvements
Repaid $54 million of gross debt in the quarter; net leverage ~2.3x with plan to be below 2.0x by year-end; interest expense down ~14% YoY and FY26 expected interest expense ≈$150M (≈$25M improvement YoY).
Innovation and Recognition
Received 6 Business Intelligence Group Innovation Awards and 3 Edison Awards (including two Golds) for products such as Echo NextJet and Alesta e‑Pro FG Black, highlighting R&D progress.
Progress on Strategic Combination
Pending merger with AkzoNobel progressing on schedule with confidential SEC filing and shareholder votes expected by early July; confident in $600 million annual run-rate synergies and integration planning underway.
AXTA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AXTA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $28.21 | $28.44 | +0.82% |
Feb 10, 2026 | $34.21 | $34.42 | +0.61% |
Oct 28, 2025 | $29.06 | $29.70 | +2.20% |
Jul 30, 2025 | $28.70 | $28.67 | -0.10% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Axalta Coating Systems (AXTA) report earnings?
Axalta Coating Systems (AXTA) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Axalta Coating Systems (AXTA) earnings time?
Axalta Coating Systems (AXTA) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AXTA EPS forecast?
AXTA EPS forecast for the fiscal quarter 2026 (Q2) is 0.64.