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Axalta Coating Systems (LTS:0U6C) Net Margin %

: 5.63% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Axalta Coating Systems's Net Income for the three months ended in Dec. 2023 was $73 Mil. Axalta Coating Systems's Revenue for the three months ended in Dec. 2023 was $1,297 Mil. Therefore, Axalta Coating Systems's net margin for the quarter that ended in Dec. 2023 was 5.63%.

The historical rank and industry rank for Axalta Coating Systems's Net Margin % or its related term are showing as below:

LTS:0U6C' s Net Margin % Range Over the Past 10 Years
Min: 0.62   Med: 3.59   Max: 5.98
Current: 5.16


LTS:0U6C's Net Margin % is ranked better than
54.08% of 1533 companies
in the Chemicals industry
Industry Median: 4.45 vs LTS:0U6C: 5.16

Axalta Coating Systems Net Margin % Historical Data

The historical data trend for Axalta Coating Systems's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Axalta Coating Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.56 3.25 5.98 3.92 5.16

Axalta Coating Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.53 4.71 4.71 5.57 5.63

Competitive Comparison

For the Specialty Chemicals subindustry, Axalta Coating Systems's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Axalta Coating Systems Net Margin % Distribution

For the Chemicals industry and Basic Materials sector, Axalta Coating Systems's Net Margin % distribution charts can be found below:

* The bar in red indicates where Axalta Coating Systems's Net Margin % falls into.



Axalta Coating Systems Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Axalta Coating Systems's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=267.4/5184.1
=5.16 %

Axalta Coating Systems's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=73.1/1297.3
=5.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Axalta Coating Systems  (LTS:0U6C) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Axalta Coating Systems Net Margin % Related Terms

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Axalta Coating Systems (LTS:0U6C) Business Description

Traded in Other Exchanges
Address
50 Applied Bank Boulevard, Suite 300, Glen Mills, PA, USA, 19342
Axalta Coating Systems Ltd is a manufacturer, marketer and distributor of high-performance coatings systems. It operates in two segments, The Performance Coatings segment provides liquid and powder coatings solutions to a fragmented and local customer base. Its end markets include refinish and industrial. The Mobility Coatings segment relates to the provision of coating technologies to original equipment manufacturers of light and commercial vehicles. The company operates in the geographic areas of North America, EMEA countries, Asia-Pacific and Latin America.

Axalta Coating Systems (LTS:0U6C) Headlines

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