Axalta Coating Systems (AXTA) Tax Rate (2014 - 2026)
Axalta Coating Systems (AXTA) recorded Tax Rate of 25.78% in Q3 2026, down 3.25 percentage points from 29.03% a year earlier and down 7.80 percentage points from the prior quarter.
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Analysis
Axalta Coating Systems (AXTA) Tax Rate (2014 - 2026) Analysis & Trends
On a TTM basis, Axalta Coating Systems' Tax Rate came in at 31.07% as of Sep 30, 2026, up 11.64 percentage points year-over-year; for FY2025, it was 30.59%, up 9.42 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +30.42 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 21.17% in FY2024 (-3.06 pp), 24.23% in FY2023 (-1.07 pp), 25.29% in FY2022 (+2.94 pp) and 22.35% in FY2021 (+22.19 pp).
- Quarterly Tax Rate has ranged from 1.44% in Q4 2024 to 49.58% in Q4 2025 over the past five years.
- On a year-over-year basis, Tax Rate rose in three of the last eight quarters, with an average year-over-year change of +0.65 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 48.14 percentage points in Q4 2025, against a drop of 26.01 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 33.58% (Q2 2026), 13.33% (Q1 2026) and 49.58% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 241.51 Bn | 225.21 Bn | 4.44 Bn | 21.10% |
| 2 | Corning | 98.25 Bn | 90.55 Bn | 1.81 Bn | 22.93% |
| 3 | Sherwin Williams | 84.58 Bn | 83.60 Bn | 3.28 Bn | 22.80% |
| 4 | Air Products & Chemicals | 70.48 Bn | 73.35 Bn | - | - |
| 5 | LyondellBasell Industries | 41.62 Bn | 29.79 Bn | 1.50 Bn | 19.42% |
| 6 | Nutrien | 34.33 Bn | 30.91 Bn | 1.86 Bn | 29.50% |
| 7 | Ppg Industries | 27.05 Bn | 20.12 Bn | 1.76 Bn | 24.25% |
| 8 | Ati | 24.87 Bn | 22.95 Bn | 380.20 Mn | 21.04% |
| 9 | Qnity Electronics | 24.73 Bn | 21.17 Bn | 743.00 Mn | 20.65% |
| 10 | Axalta Coating Systems | 7.83 Bn | 5.32 Bn | 434.00 Mn | 25.78% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.78% |
| Jun 30, 2026 | 33.58% |
| Mar 31, 2026 | 13.33% |
| Dec 31, 2025 | 49.58% |
| Sep 30, 2025 | 29.03% |
| Jun 30, 2025 | 23.08% |
| Mar 31, 2025 | 23.26% |
| Dec 31, 2024 | 1.44% |
| Sep 30, 2024 | 28.17% |
| Jun 30, 2024 | 27.56% |
| Mar 31, 2024 | 33.90% |
| Dec 31, 2023 | 27.45% |
| Sep 30, 2023 | 29.13% |
| Jun 30, 2023 | 17.57% |
| Mar 31, 2023 | 19.74% |
| Dec 31, 2022 | 23.47% |
| Sep 30, 2022 | 25.62% |
| Jun 30, 2022 | 29.89% |
| Mar 31, 2022 | 21.19% |
| Dec 31, 2021 | 14.70% |
API Access
Axalta Coating Systems Tax Rate 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=tax-rate&ticker=AXTA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=AXTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();