Axalta Coating Systems (AXTA) Interest Coverage Ratio (2013 - 2026)
Axalta Coating Systems (AXTA) posted quarterly Interest Coverage Ratio of 2.04 for Q2 2026, down 15.58% year-over-year from 2.41 in Q2 2025, and up 15.78% quarter-over-quarter from 1.76 in Q1 2026.
Axalta Coating Systems (AXTA) Interest Coverage Ratio (2013 - 2026) Analysis & Trends
Axalta Coating Systems (AXTA) has reported Interest Coverage Ratio for 14 consecutive years, with 2.04 the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Coverage Ratio fell 15.58% year-over-year to 2.04; the TTM figure through Jun 2026 stood at 8.28 (down 11.56% YoY), while the FY2025 annual figure was 2.18, down 22.77% from the prior year.
- Interest Coverage Ratio grew to 2.04 in Q2 2026 per AXTA's latest filing, from 1.76 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 4.26 in Q4 2025 and bottomed at 1.03 in Q1 2022.
- Historically, Interest Coverage Ratio has averaged 2.36 across 5 years, with a median of 2.15 in 2023.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio tumbled 77.73% — and 2024, when it surged 67.33%.
- Axalta Coating Systems' Interest Coverage Ratio stood at 4.23 in 2022, then tumbled by 30.39% to 2.95 in 2023, then surged by 35.08% to 3.98 in 2024, then grew by 7.15% to 4.26 in 2025, then plunged by 52.23% to 2.04 in 2026.
- Business Quant data shows AXTA's Interest Coverage Ratio at 2.04 in Q2 2026, 1.76 in Q1 2026, and 4.26 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 222.77 Bn | 217.87 Bn | 4.43 Bn | 41.87 |
| 2 | Sherwin Williams | 84.55 Bn | 84.26 Bn | 3.34 Bn | 9.08 |
| 3 | Ecolab | 78.89 Bn | 73.75 Bn | 1.95 Bn | -10.37 |
| 4 | Air Products & Chemicals | 66.91 Bn | 65.93 Bn | 1.04 Bn | -42.45 |
| 5 | Ppg Industries | 25.15 Bn | 23.56 Bn | 1.81 Bn | 9.32 |
| 6 | Chemical & Mining Co Of Chile | 22.35 Bn | 18.48 Bn | 778.60 Mn | -15.41 |
| 7 | LyondellBasell Industries | 22.02 Bn | 19.39 Bn | 2.04 Bn | 11.18 |
| 8 | International Flavors & Fragrances | 21.27 Bn | 20.70 Bn | 853.00 Mn | 3.43 |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 8.00 |
| 10 | Axalta Coating Systems | 7.61 Bn | 6.98 Bn | 465.00 Mn | 4.51 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.04 |
| 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 | 4.23 |
| Sep 30, 2022 | 1.58 |
| Jun 30, 2022 | 1.27 |
| Mar 31, 2022 | 1.03 |
| Dec 31, 2021 | 5.44 |
| Sep 30, 2021 | 1.45 |