Axalta Reports Record Adjusted Earnings in Q2 Despite Soft Volumes

Axalta Coating Systems Ltd. reported second quarter 2025 financial results, posting net sales of $1.3 billion, a 3% decrease from the prior year. Net income totaled $110 million, with an 8.4% net income margin. The company achieved record results for adjusted EBITDA at $292 million and adjusted diluted earnings per share (EPS) of $0.64.

Performance Coatings net sales declined 6% year over year, with softness in both Refinish and Industrial, though the segment maintained a 23.8% adjusted EBITDA margin. Mobility Coatings net sales increased 1% to $469 million, with adjusted EBITDA rising 35% to $92 million.

Axalta generated $142 million in operating cash flow, up 25% year over year, and repurchased $65 million in shares. Looking ahead, the company forecasts full-year 2025 net sales between $5.2 and $5.275 billion, with adjusted EPS in the range of $2.45 to $2.55.

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