Axalta Coating Systems Ltd (AXTA)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 391,000 | 267,000 | 191,600 | 263,900 | 121,600 |
| Revenue | US$ in thousands | 5,276,000 | 5,184,000 | 4,884,400 | 4,416,200 | 3,737,600 |
| Net profit margin | 7.41% | 5.15% | 3.92% | 5.98% | 3.25% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $391,000K ÷ $5,276,000K
= 7.41%
The net profit margin of Axalta Coating Systems Ltd has shown fluctuations over the past five years. In December 31, 2020, the net profit margin was 3.25%, which increased to 5.98% by December 31, 2021. However, there was a slight decrease to 3.92% by December 31, 2022, followed by a rise to 5.15% by December 31, 2023. The most recent data point, in December 31, 2024, indicates a notable increase to 7.41%, reflecting an improvement in the company's profitability. Overall, the trend in the net profit margin suggests that Axalta Coating Systems Ltd has been able to enhance its efficiency in generating profits relative to its revenue over the analyzed period.
Peer comparison
Dec 31, 2024