Axalta Coating Systems (AXTA) Gross Margin (2013 - 2026)
Axalta Coating Systems (AXTA) recorded Gross Margin of 33.10% in Q3 2026, down 1.83 percentage points from 34.94% a year earlier and down 1.44 percentage points from the prior quarter.
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Analysis
Axalta Coating Systems (AXTA) Gross Margin (2013 - 2026) Analysis & Trends
On a TTM basis, Axalta Coating Systems' Gross Margin came in at 33.58% as of Sep 30, 2026, down 1.01 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).
- The Q3 2026 figure is the lowest quarterly Gross Margin since Q4 2023.
- On a year-over-year basis, Gross Margin has declined for five consecutive quarters, with an average year-over-year change of -0.07 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 34.55% (Q2 2026), 33.17% (Q1 2026) and 33.44% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 241.51 Bn | 225.21 Bn | 4.44 Bn | 47.24% |
| 2 | Corning | 98.25 Bn | 90.55 Bn | 1.81 Bn | 37.28% |
| 3 | Sherwin Williams | 84.58 Bn | 83.60 Bn | 3.28 Bn | 47.77% |
| 4 | Air Products & Chemicals | 70.48 Bn | 73.35 Bn | - | - |
| 5 | LyondellBasell Industries | 41.62 Bn | 29.79 Bn | 1.50 Bn | 17.60% |
| 6 | Nutrien | 34.33 Bn | 30.91 Bn | 1.86 Bn | 30.67% |
| 7 | Ppg Industries | 27.05 Bn | 20.12 Bn | 1.76 Bn | 40.52% |
| 8 | Ati | 24.87 Bn | 22.95 Bn | 380.20 Mn | 26.71% |
| 9 | Qnity Electronics | 24.73 Bn | 21.17 Bn | 743.00 Mn | 47.75% |
| 10 | Axalta Coating Systems | 7.83 Bn | 5.32 Bn | 434.00 Mn | 33.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 33.10% |
| 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% |
API Access
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_KEYimport 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();