Axalta Coating Systems (AXTA) Interest Coverage Ratio (2013 - 2026)
Axalta Coating Systems' (AXTA) quarterly Interest Coverage Ratio came in at 1.76 in Q1 2026, down 22.04% year-on-year from 2.26 in Q1 2025, and down 58.74% on a QoQ basis from 4.26 in Q4 2025.
Axalta Coating Systems (AXTA) Interest Coverage Ratio (2013 - 2026) Analysis & Trends
Axalta Coating Systems (AXTA) has 14 years of Interest Coverage Ratio data on file, last reported at 1.76 in Q1 2026.
- On a quarterly basis, Interest Coverage Ratio fell 22.04% year-over-year to 1.76 in Q1 2026; TTM through Mar 2026 was 8.49, a 12.94% decrease from a year earlier, with the FY2025 full-year figure at 4.18, up 47.88% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 1.76, down from 4.26 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for AXTA reached as high as 4.26 in Q4 2025 and fell as low as 1.03 in Q1 2022.
- Historically, Interest Coverage Ratio has averaged 2.29 across 5 years, with a median of 2.26 in 2025.
- Across the five-year window, Interest Coverage Ratio sank 77.73% in 2022 and soared 67.33% in 2024, its largest moves.
- Year by year, Interest Coverage Ratio stood at 2.82 in 2022, then increased by 4.54% to 2.95 in 2023, then jumped by 35.08% to 3.98 in 2024, then rose by 7.15% to 4.26 in 2025, then sank by 58.74% to 1.76 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 1.76 in Q1 2026, 4.26 in Q4 2025, and 2.55 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.95 Bn | 233.99 Bn | 4.26 Bn | 39.34 |
| 2 | Sherwin Williams | 78.17 Bn | 77.95 Bn | 2.78 Bn | 5.08 |
| 3 | Ecolab | 76.02 Bn | 75.37 Bn | 1.85 Bn | 8.59 |
| 4 | Air Products & Chemicals | 66.38 Bn | 65.43 Bn | 987.40 Mn | 15.21 |
| 5 | Ppg Industries | 26.02 Bn | 24.40 Bn | 1.66 Bn | 6.26 |
| 6 | LyondellBasell Industries | 22.51 Bn | 19.87 Bn | 701.00 Mn | 0.55 |
| 7 | Chemical & Mining Co Of Chile | 19.70 Bn | 15.83 Bn | 778.60 Mn | -15.41 |
| 8 | International Flavors & Fragrances | 19.51 Bn | 18.95 Bn | 1.02 Bn | 0.62 |
| 9 | DuPont de Nemours | 18.80 Bn | 18.71 Bn | 602.00 Mn | 1.44 |
| 10 | Axalta Coating Systems | 7.00 Bn | 7.00 Bn | 416.00 Mn | 1.76 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.76 |
| Dec 31, 2025 | 4.26 |
| Sep 30, 2025 | 2.55 |
| Jun 30, 2025 | 2.41 |
| Mar 31, 2025 | 2.26 |
| Dec 31, 2024 | 3.98 |
| Sep 30, 2024 | 2.35 |
| Jun 30, 2024 | 2.85 |
| Mar 31, 2024 | 1.66 |
| Dec 31, 2023 | 2.95 |
| Sep 30, 2023 | 2.04 |
| Jun 30, 2023 | 1.70 |
| Mar 31, 2023 | 1.55 |
| Dec 31, 2022 | 2.82 |
| Sep 30, 2022 | 1.58 |
| Jun 30, 2022 | 1.27 |
| Mar 31, 2022 | 1.03 |
| Dec 31, 2021 | 2.83 |
| Sep 30, 2021 | 1.45 |
| Jun 30, 2021 | 5.70 |