Axalta Coating Systems (AXTA) Interest Coverage Ratio (2013 - 2026)
Axalta Coating Systems' (AXTA) quarterly Interest Coverage Ratio came in at 4.51 in Q2 2026, up 5.24% year-over-year from 4.29 in Q2 2025, and up 17.48% quarter-over-quarter from 3.84 in Q1 2026.
Analysis
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 4.51 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 5.24% year-over-year to 4.51 in Q2 2026; TTM through Jun 2026 was 4.19, a 6.32% increase from a year earlier, with the FY2025 full-year figure at 4.18, up 21.26% from the prior year.
- Interest Coverage Ratio was 4.51 for Q2 2026 at Axalta Coating Systems, up from 3.84 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 4.53 in Q3 2025 and troughed at 2.24 in Q1 2024.
- A 5-year average of 3.45 and a median of 3.55 in 2024 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio plunged 45.75% in 2022 and surged 78.51% in 2025, its largest moves.
- Over 5 years, Interest Coverage Ratio stood at 2.82 in 2022, then gained by 4.54% to 2.95 in 2023, then soared by 35.08% to 3.98 in 2024, then decreased by 3.06% to 3.86 in 2025, then climbed by 17.02% to 4.51 in 2026.
- The last three Interest Coverage Ratio figures came in at 4.51 (Q2 2026), 3.84 (Q1 2026), and 3.86 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sherwin Williams | 77.90 Bn | 77.60 Bn | 3.34 Bn | 9.08 |
| 2 | Ppg Industries | 23.24 Bn | 21.79 Bn | 1.81 Bn | 9.32 |
| 3 | Rpm International | 12.56 Bn | 12.25 Bn | 950.03 Mn | 11.20 |
| 4 | Axalta Coating Systems | 6.89 Bn | 6.31 Bn | 465.00 Mn | 4.51 |
| 5 | Fuller H B | 2.66 Bn | 2.54 Bn | 319.65 Mn | 3.58 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.51 |
| Mar 31, 2026 | 3.84 |
| Dec 31, 2025 | 3.86 |
| Sep 30, 2025 | 4.53 |
| Jun 30, 2025 | 4.29 |
| Mar 31, 2025 | 4.00 |
| Dec 31, 2024 | 3.98 |
| Sep 30, 2024 | 3.57 |
| Jun 30, 2024 | 4.10 |
| Mar 31, 2024 | 2.24 |
| Dec 31, 2023 | 2.95 |
| Sep 30, 2023 | 2.96 |
| Jun 30, 2023 | 2.51 |
| Mar 31, 2023 | 2.60 |
| Dec 31, 2022 | 2.82 |
| Sep 30, 2022 | 3.53 |
| Jun 30, 2022 | 3.09 |
| Mar 31, 2022 | 2.65 |
| Dec 31, 2021 | 2.83 |
| Sep 30, 2021 | 3.69 |