Axalta Coating Systems Ltd (AXTA)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 391,000 | 327,100 | 298,100 | 247,100 | 267,100 | 237,600 | 228,000 | 211,100 | 191,600 | 201,200 | 207,900 | 290,200 | 263,900 | 280,400 | 293,800 | 84,600 | 121,600 | 93,600 | 76,600 | 257,800 |
| Total stockholders’ equity | US$ in thousands | 1,912,000 | 1,905,000 | 1,773,000 | 1,731,000 | 1,727,000 | 1,604,100 | 1,644,200 | 1,570,100 | 1,453,500 | 1,273,300 | 1,326,200 | 1,375,400 | 1,492,900 | 1,440,800 | 1,488,300 | 1,359,400 | 1,433,000 | 1,339,700 | 1,213,100 | 1,291,000 |
| ROE | 20.45% | 17.17% | 16.81% | 14.27% | 15.47% | 14.81% | 13.87% | 13.45% | 13.18% | 15.80% | 15.68% | 21.10% | 17.68% | 19.46% | 19.74% | 6.22% | 8.49% | 6.99% | 6.31% | 19.97% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $391,000K ÷ $1,912,000K
= 20.45%
The return on equity (ROE) of Axalta Coating Systems Ltd has shown some fluctuations over the past few years. Starting at 19.97% in March 2020, the ROE decreased to 6.31% by June 2020 before showing slight increases in the subsequent quarters. By December 2020, the ROE had improved to 8.49%. However, in the following quarters, the ROE fluctuated between 6.22% and 19.74%.
From March 2022 to December 2024, the ROE exhibited a more stable trend with values ranging from 13.18% to 20.45%. Notably, the ROE reached its highest point of 20.45% by December 2024.
Overall, Axalta Coating Systems Ltd's ROE has displayed fluctuations in the earlier period followed by relative stability in the later period, suggesting varying levels of profitability and efficiency in utilizing shareholder equity over the years.
Peer comparison
Dec 31, 2024