Axalta Coating Systems (AXTA) Gross Margin (2013 - 2026)
Axalta Coating Systems (AXTA) recorded Gross Margin of 34.55% in Q2 2026, down 0.47 percentage points from 35.02% a year earlier but up 1.37 percentage points from the prior quarter.
Axalta Coating Systems (AXTA) Gross Margin (2013 - 2026) Analysis & Trends
On a TTM basis, Axalta Coating Systems' Gross Margin came in at 34.04% as of Jun 30, 2026, down 0.57 percentage points year-over-year; for FY2025, it was 34.43%, up 0.36 percentage points from FY2024.
- Annual Gross Margin has increased for three straight years, with a five-year change of +0.20 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 34.08% in FY2024 (+2.87 pp), 31.21% in FY2023 (+2.18 pp), 29.03% in FY2022 (-3.32 pp) and 32.36% in FY2021 (-1.88 pp).
- Quarterly Gross Margin has ranged from 28.22% in Q2 2022 to 35.02% in Q2 2025 over the past five years.
- On a year-over-year basis, Gross Margin has declined for four consecutive quarters, with an average year-over-year change of +0.50 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 3.91 percentage points in Q2 2024, against a drop of 7.68 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 33.17% (Q1 2026), 33.44% (Q4 2025) and 34.94% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 235.27 Bn | 218.38 Bn | 4.43 Bn | 47.67% |
| 2 | Corning | 106.79 Bn | 99.92 Bn | 1.63 Bn | 36.14% |
| 3 | Sherwin Williams | 83.92 Bn | 82.96 Bn | 3.34 Bn | 49.17% |
| 4 | Air Products & Chemicals | 68.64 Bn | 66.53 Bn | 1.04 Bn | 32.77% |
| 5 | LyondellBasell Industries | 42.22 Bn | 31.84 Bn | 2.04 Bn | 22.21% |
| 6 | Nutrien | 33.30 Bn | 30.16 Bn | 3.25 Bn | 30.07% |
| 7 | Ppg Industries | 25.14 Bn | 17.94 Bn | 1.81 Bn | 40.22% |
| 8 | International Flavors & Fragrances | 23.95 Bn | 21.65 Bn | 853.00 Mn | 43.65% |
| 9 | Dow | 22.98 Bn | 7.98 Bn | 2.17 Bn | 17.92% |
| 10 | Axalta Coating Systems | 7.50 Bn | 5.05 Bn | 465.00 Mn | 34.55% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.55% |
| Mar 31, 2026 | 33.17% |
| Dec 31, 2025 | 33.44% |
| Sep 30, 2025 | 34.94% |
| Jun 30, 2025 | 35.02% |
| Mar 31, 2025 | 34.31% |
| Dec 31, 2024 | 34.10% |
| Sep 30, 2024 | 35.00% |
| Jun 30, 2024 | 34.05% |
| Mar 31, 2024 | 33.15% |
| Dec 31, 2023 | 32.61% |
| Sep 30, 2023 | 32.31% |
| Jun 30, 2023 | 30.14% |
| Mar 31, 2023 | 29.75% |
| Dec 31, 2022 | 29.98% |
| Sep 30, 2022 | 29.23% |
| Jun 30, 2022 | 28.22% |
| Mar 31, 2022 | 28.68% |
| Dec 31, 2021 | 29.24% |
| Sep 30, 2021 | 31.54% |
Axalta Coating Systems Gross Margin 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=gross-margin&ticker=AXTA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=AXTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();