Axalta Coating Systems (AXTA) Debt Ratio (2013 - 2026)
Axalta Coating Systems' (AXTA) Debt Ratio stood at 0.39 in Q3 2026, down 11.8% from 0.44 a year earlier and down 3.0% from the prior quarter.
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Analysis
Axalta Coating Systems (AXTA) Debt Ratio (2013 - 2026) Analysis & Trends
For FY2025, Axalta Coating Systems' Debt Ratio came in at 0.42, down 10.8% from FY2024.
- Annual Debt Ratio has declined for seven straight years.
- Across earlier years, Debt Ratio came in at 0.47 in FY2024 (-2.1%), 0.48 in FY2023 (-8.2%), 0.52 in FY2022 (-1.1%) and 0.53 in FY2021 (-2.4%).
- The Q3 2026 figure is the lowest quarterly Debt Ratio in data going back to Q4 2013.
- On a year-over-year basis, Debt Ratio has declined for 16 consecutive quarters, with an average decline of 8.3% over the last eight quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 3.0% in Q3 2022, against a decline of 11.8% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.40 (Q2 2026), 0.42 (Q1 2026) and 0.42 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 241.51 Bn | 225.21 Bn | 4.44 Bn | 0.30 |
| 2 | Corning | 98.25 Bn | 90.55 Bn | 1.81 Bn | 0.24 |
| 3 | Sherwin Williams | 84.58 Bn | 83.60 Bn | 3.28 Bn | 0.44 |
| 4 | Air Products & Chemicals | 70.48 Bn | 73.35 Bn | - | - |
| 5 | LyondellBasell Industries | 41.62 Bn | 29.79 Bn | 1.50 Bn | 0.35 |
| 6 | Nutrien | 34.33 Bn | 30.91 Bn | 1.86 Bn | 0.24 |
| 7 | Ppg Industries | 27.05 Bn | 20.12 Bn | 1.76 Bn | 0.30 |
| 8 | Ati | 24.87 Bn | 22.95 Bn | 380.20 Mn | 0.33 |
| 9 | Qnity Electronics | 24.73 Bn | 21.17 Bn | 743.00 Mn | 0.27 |
| 10 | Axalta Coating Systems | 7.83 Bn | 5.32 Bn | 434.00 Mn | 0.39 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.39 |
| Jun 30, 2026 | 0.40 |
| Mar 31, 2026 | 0.42 |
| Dec 31, 2025 | 0.42 |
| Sep 30, 2025 | 0.44 |
| Jun 30, 2025 | 0.44 |
| Mar 31, 2025 | 0.46 |
| Dec 31, 2024 | 0.47 |
| Sep 30, 2024 | 0.47 |
| Jun 30, 2024 | 0.49 |
| Mar 31, 2024 | 0.48 |
| Dec 31, 2023 | 0.48 |
| Sep 30, 2023 | 0.51 |
| Jun 30, 2023 | 0.51 |
| Mar 31, 2023 | 0.52 |
| Dec 31, 2022 | 0.52 |
| Sep 30, 2022 | 0.55 |
| Jun 30, 2022 | 0.54 |
| Mar 31, 2022 | 0.54 |
| Dec 31, 2021 | 0.53 |
API Access
Axalta Coating Systems Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=AXTA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "AXTA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=AXTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();