Axalta Coating Systems (AXTA) Tax Rate (2013 - 2026)
Axalta Coating Systems (AXTA) posted quarterly Tax Rate of 33.58% for Q2 2026, up 1051.0% year-over-year from 2.92% in Q2 2025, and up 151.87% quarter-over-quarter from 13.33% in Q1 2026.
Axalta Coating Systems (AXTA) Tax Rate (2013 - 2026) Analysis & Trends
Axalta Coating Systems (AXTA) has reported Tax Rate for 14 consecutive years, with 33.58% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate rose 1051.0% year-over-year to 33.58%; the TTM figure through Jun 2026 stood at 31.77% (up 1279.0% YoY), while the FY2025 annual figure was 30.59%, up 942.0% from the prior year.
- Tax Rate improved to 33.58% in Q2 2026 per AXTA's latest filing, from 13.33% in the prior quarter.
- Across five years, Tax Rate topped out at 49.58% in Q4 2025 and bottomed at 1.44% in Q4 2024.
- Historically, Tax Rate has averaged 25.39% across 5 years, with a median of 26.53% in 2022.
- Annual changes were most pronounced in 2024 — Tax Rate tumbled 2601 bps — and 2025, when it soared 4814 bps.
- Axalta Coating Systems' Tax Rate stood at 23.47% in 2022, then rose by 17 bps to 27.45% in 2023, then sank by 95 bps to 1.44% in 2024, then surged by 3346 bps to 49.58% in 2025, then tumbled by 32 bps to 33.58% in 2026.
- Business Quant data shows AXTA's Tax Rate at 33.58% in Q2 2026, 13.33% in Q1 2026, and 49.58% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 225.55 Bn | 220.65 Bn | 4.43 Bn | 23.96% |
| 2 | Sherwin Williams | 84.84 Bn | 84.55 Bn | 3.34 Bn | 24.17% |
| 3 | Ecolab | 78.64 Bn | 73.51 Bn | 1.95 Bn | 22.33% |
| 4 | Air Products & Chemicals | 68.34 Bn | 67.36 Bn | 1.04 Bn | 26.60% |
| 5 | Ppg Industries | 25.34 Bn | 23.75 Bn | 1.81 Bn | 22.32% |
| 6 | Chemical & Mining Co Of Chile | 23.34 Bn | 19.47 Bn | 778.60 Mn | -41.34% |
| 7 | LyondellBasell Industries | 21.89 Bn | 19.26 Bn | 2.04 Bn | 29.21% |
| 8 | International Flavors & Fragrances | 21.47 Bn | 20.90 Bn | 853.00 Mn | 48.44% |
| 9 | DuPont de Nemours | 18.88 Bn | 17.14 Bn | 639.00 Mn | 28.20% |
| 10 | Axalta Coating Systems | 7.71 Bn | 7.08 Bn | 465.00 Mn | 33.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 33.58% |
| Jun 30, 2026 | 33.58% |
| Jun 30, 2026 | 33.58% |
| Mar 31, 2026 | 13.33% |
| Mar 31, 2026 | 13.33% |
| Mar 31, 2026 | 13.33% |
| Dec 31, 2025 | 49.58% |
| Dec 31, 2025 | 49.58% |
| Dec 31, 2025 | 49.58% |
| Sep 30, 2025 | 29.03% |
| Sep 30, 2025 | 29.03% |
| Sep 30, 2025 | 29.03% |
| Jun 30, 2025 | 23.08% |
| Jun 30, 2025 | 23.08% |
| Jun 30, 2025 | 23.08% |
| Mar 31, 2025 | 23.26% |
| Mar 31, 2025 | 23.26% |
| Mar 31, 2025 | 23.26% |
| Dec 31, 2024 | 1.44% |
| Dec 31, 2024 | 1.44% |