Axalta Coating Systems (AXTA) Interest Expenses (2013 - 2026)
Axalta Coating Systems' Interest Expenses was $37 million in Q2 2026, down 17.8% from $45 million a year earlier and down 2.6% from the prior quarter.
Axalta Coating Systems (AXTA) Interest Expenses (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Axalta Coating Systems' Interest Expenses was $162 million through Jun 30, 2026, down 14.7% year-over-year; for FY2025, it came in at $176 million, down 14.1% from FY2024.
- Interest Expenses shows a five-year compound annual growth rate of 3.3% (FY2020 to FY2025).
- In earlier years, Interest Expenses was $205 million in FY2024 (-3.8%), $213 million in FY2023 (+52.1%), $140 million in FY2022 (+4.3%) and $134.2 million in FY2021 (-10.5%).
- The Q2 2026 figure marks the lowest quarterly Interest Expenses since Q3 2022.
- Compared with a year earlier, Interest Expenses has declined for nine straight quarters, with an average decline of 13.0% over the last eight quarters.
- The best year-over-year quarter for Interest Expenses over five years was Q2 2023 (growth of 64.2%); the worst was Q1 2025 (a decline of 18.5%).
- Per Business Quant data, AXTA's Interest Expenses in the three quarters before Q2 2026 was $38 million (Q1 2026), $42 million (Q4 2025) and $45 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 235.27 Bn | 218.38 Bn | 4.43 Bn | 61.00 Mn |
| 2 | Corning | 106.79 Bn | 99.92 Bn | 1.63 Bn | 94.00 Mn |
| 3 | Sherwin Williams | 83.92 Bn | 82.96 Bn | 3.34 Bn | 135.90 Mn |
| 4 | Air Products & Chemicals | 68.64 Bn | 66.53 Bn | 1.04 Bn | 49.40 Mn |
| 5 | LyondellBasell Industries | 42.22 Bn | 31.84 Bn | 2.04 Bn | 138.00 Mn |
| 6 | Nutrien | 33.30 Bn | 30.16 Bn | 3.25 Bn | 173.00 Mn |
| 7 | Ppg Industries | 25.14 Bn | 17.94 Bn | 1.81 Bn | 71.00 Mn |
| 8 | International Flavors & Fragrances | 23.95 Bn | 21.65 Bn | 853.00 Mn | 46.00 Mn |
| 9 | Dow | 22.98 Bn | 7.98 Bn | 2.17 Bn | 210.00 Mn |
| 10 | Axalta Coating Systems | 7.50 Bn | 5.05 Bn | 465.00 Mn | 37.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.00 Mn |
| Mar 31, 2026 | 38.00 Mn |
| Dec 31, 2025 | 42.00 Mn |
| Sep 30, 2025 | 45.00 Mn |
| Jun 30, 2025 | 45.00 Mn |
| Mar 31, 2025 | 44.00 Mn |
| Dec 31, 2024 | 47.00 Mn |
| Sep 30, 2024 | 54.00 Mn |
| Jun 30, 2024 | 50.00 Mn |
| Mar 31, 2024 | 54.00 Mn |
| Dec 31, 2023 | 55.00 Mn |
| Sep 30, 2023 | 55.00 Mn |
| Jun 30, 2023 | 55.00 Mn |
| Mar 31, 2023 | 48.00 Mn |
| Dec 31, 2022 | 38.90 Mn |
| Sep 30, 2022 | 35.00 Mn |
| Jun 30, 2022 | 33.50 Mn |
| Mar 31, 2022 | 32.60 Mn |
| Dec 31, 2021 | 33.50 Mn |
| Sep 30, 2021 | 33.80 Mn |
Axalta Coating Systems Interest Expenses 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=interest-expenses&ticker=AXTA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=AXTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();