Axalta Coating Systems Ltd (AXTA)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 496,000 | 458,300 | 419,500 | 338,800 | 353,600 | 309,400 | 291,400 | 280,000 | 256,700 | 262,000 | 271,300 | 373,500 | 340,000 | 370,200 | 376,300 | 113,200 | 121,800 | 97,900 | 82,100 | 296,400 |
| 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 |
| Pretax margin | 9.40% | 8.71% | 7.99% | 6.52% | 6.82% | 6.04% | 5.77% | 5.61% | 5.26% | 5.48% | 5.85% | 8.25% | 7.70% | 8.50% | 8.77% | 2.97% | 3.26% | 2.60% | 2.14% | 6.82% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $496,000K ÷ $5,276,000K
= 9.40%
Axalta Coating Systems Ltd's pre-tax margin has shown some fluctuations over the periods provided in the data. The pre-tax margin started at 6.82% in March 2020, decreased to 2.14% in June 2020, and continued to hover around the 2% to 3% range until March 2021.
The pre-tax margin then saw an uptick in June 2021, reaching 8.77%, and remained relatively high until December 2021 at 7.70%. It showed some stability in the range of 5% to 6% from March 2022 to September 2023.
Notably, there was a gradual increase in the pre-tax margin from December 2023 to December 2024, reaching the highest point of 9.40%. This upward trend indicates an improvement in profitability before taxes for Axalta Coating Systems Ltd over the latter half of the data period.
Overall, the pre-tax margin performance of Axalta Coating Systems Ltd shows variability in profitability, with periods of both decline and growth in the company's ability to generate profits before accounting for taxes.
Peer comparison
Dec 31, 2024