Axalta Coating Systems (AXTA) Return on Invested Capital [ROIC] (2014 - 2026)
Axalta Coating Systems' Return on Invested Capital [ROIC] came in at 8.23% for Q2 2026, down 2.54 percentage points from 10.77% a year earlier and down 0.71 percentage points from the prior quarter.
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Analysis
Axalta Coating Systems (AXTA) Return on Invested Capital [ROIC] (2014 - 2026) Analysis & Trends
For FY2025, Axalta Coating Systems' Return on Invested Capital [ROIC] was 9.30%, down 1.15 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +3.56 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 10.45% in FY2024 (+1.95 pp), 8.50% in FY2023 (+2.52 pp), 5.98% in FY2022 (-0.71 pp) and 6.69% in FY2021 (+0.94 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Invested Capital [ROIC] since Q1 2024.
- Year-over-year, Return on Invested Capital [ROIC] has declined for three consecutive quarters, with an average year-over-year change of +0.45 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q1 2022 (a gain of 3.14 percentage points), and the weakest in Q2 2026 (a drop of 2.54 percentage points).
- Business Quant data shows AXTA's Return on Invested Capital [ROIC] at 8.94% (Q1 2026), 9.01% (Q4 2025) and 10.69% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 221.03 Bn | 204.14 Bn | 4.43 Bn | 10.79% |
| 2 | Corning | 141.47 Bn | 134.60 Bn | 1.63 Bn | 10.44% |
| 3 | Sherwin Williams | 77.59 Bn | 76.63 Bn | 3.34 Bn | 19.18% |
| 4 | Air Products & Chemicals | 61.84 Bn | 59.74 Bn | 1.04 Bn | 0.00% |
| 5 | LyondellBasell Industries | 37.84 Bn | 27.46 Bn | 2.04 Bn | 4.14% |
| 6 | Nutrien | 33.77 Bn | 30.64 Bn | 3.25 Bn | 11.88% |
| 7 | Qnity Electronics | 27.51 Bn | 24.93 Bn | 666.00 Mn | 8.31% |
| 8 | Ati | 26.21 Bn | 24.36 Bn | 309.80 Mn | 14.85% |
| 9 | Ppg Industries | 23.37 Bn | 16.17 Bn | 1.81 Bn | 11.51% |
| 10 | Axalta Coating Systems | 6.89 Bn | 4.43 Bn | 465.00 Mn | 8.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.23% |
| Mar 31, 2026 | 8.94% |
| Dec 31, 2025 | 9.01% |
| Sep 30, 2025 | 10.69% |
| Jun 30, 2025 | 10.77% |
| Mar 31, 2025 | 11.11% |
| Dec 31, 2024 | 10.26% |
| Sep 30, 2024 | 8.93% |
| Jun 30, 2024 | 8.72% |
| Mar 31, 2024 | 8.15% |
| Dec 31, 2023 | 8.51% |
| Sep 30, 2023 | 7.89% |
| Jun 30, 2023 | 7.39% |
| Mar 31, 2023 | 6.66% |
| Dec 31, 2022 | 6.16% |
| Sep 30, 2022 | 6.15% |
| Jun 30, 2022 | 6.04% |
| Mar 31, 2022 | 7.27% |
| Dec 31, 2021 | 6.71% |
| Sep 30, 2021 | 7.51% |
API Access
Axalta Coating Systems Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=AXTA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=AXTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();