Axalta Coating Systems Ltd. (AXTA) intrinsic value & 10-year financials
Axalta Coating Systems Ltd. (AXTA) has a Graham intrinsic value of $57.80 per share. At $33.44 on Oct 17, 2026, the stock trades 42% below that value. Over the last 10 fiscal years revenue grew 2.6% a year to $5.1B, with an average return on invested capital of 8.3%.
- Graham intrinsic value
- $57.80
- Share price (Oct 17, 2026)
- $33.44
- Price vs Graham value
- 42% below
- Market cap
- $7.3B
- Revenue (FY2025)
- $5.1B
- Revenue growth (10-yr CAGR)
- 2.6%
- ROIC (10-yr avg)
- 8.3%
- Free cash flow (FY2025)
- $453.0M
AXTA 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $5.1B | $378.0M | $1.74 | $453.0M | 14.4% | 10.6% |
| FY2024 | $5.3B | $391.0M | $1.78 | $436.0M | 13.4% | 12.1% |
| FY2023 | $5.2B | $267.4M | $1.21 | $437.4M | 11.3% | 9.9% |
| FY2022 | $4.9B | $191.6M | $0.86 | $142.9M | 8.7% | 7.1% |
| FY2021 | $4.4B | $263.9M | $1.14 | $437.0M | 10.5% | 8.6% |
| FY2020 | $3.7B | $121.6M | $0.52 | $427.2M | 8.2% | 7.6% |
| FY2019 | $4.5B | $249.0M | $1.06 | $460.6M | 10.9% | 8.8% |
| FY2018 | $4.7B | $207.1M | $0.85 | $352.7M | 9.5% | 8.0% |
| FY2017 | $4.4B | $36.7M | $0.15 | $415.0M | 8.3% | 4.4% |
| FY2016 | $4.1B | $41.8M | $0.17 | $423.1M | 10.0% | 5.5% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Axalta Coating Systems Ltd. has demonstrated mature, steady growth, with revenue compounding at 2.6% annually over the past decade.
Axalta Coating Systems Ltd. returns on capital have been average, hovering around 8.3% ROIC over the decade.
Over the decade, Axalta Coating Systems Ltd. shows that management has aggressively returned capital to shareholders by retiring 11.2% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Axalta Coating Systems Ltd. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $57.80 per share.