Axalta Coating Systems Ltd (AXTA)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 597,000 | 751,100 | 777,500 | 748,400 | 751,400 | 523,900 | 471,600 | 445,400 | 409,200 | 378,100 | 360,800 | 377,100 | 433,400 | 777,600 | 816,300 | 633,300 | 550,400 | 541,300 | 489,500 | 709,000 |
| Revenue (ttm) | US$ in thousands | 5,276,000 | 5,262,300 | 5,251,300 | 5,194,300 | 5,184,300 | 5,123,700 | 5,053,400 | 4,994,300 | 4,884,400 | 4,784,900 | 4,634,800 | 4,526,700 | 4,416,200 | 4,353,500 | 4,291,800 | 3,817,700 | 3,737,600 | 3,761,500 | 3,841,600 | 4,346,400 |
| Gross profit margin | 11.32% | 14.27% | 14.81% | 14.41% | 14.49% | 10.23% | 9.33% | 8.92% | 8.38% | 7.90% | 7.78% | 8.33% | 9.81% | 17.86% | 19.02% | 16.59% | 14.73% | 14.39% | 12.74% | 16.31% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $597,000K ÷ $5,276,000K
= 11.32%
Axalta Coating Systems Ltd's gross profit margin has seen fluctuations over the periods analyzed. Starting at 16.31% in March 2020, it declined to 7.78% by June 2022, before gradually increasing to 14.49% by December 2023. The margin then declined slightly to 11.32% by December 2024. Overall, the trend indicates some volatility in the company's ability to generate profit from its core operations over the analyzed period.
Peer comparison
Dec 31, 2024
Company name
Symbol
Gross profit margin
Axalta Coating Systems Ltd
AXTA
11.32%
PPG Industries Inc
PPG
39.72%
RPM International Inc
RPM
41.38%