Axalta Coating Systems Ltd - Company Profile
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Axalta Coating Systems Ltd (Axalta) is a global manufacturer, marketer, and distributor of high-performance coatings systems and products. The company specializes in providing liquid and powder coating solutions for various applications, including automotive refinish and industrial uses. The company’s brands include Cromax, Standox, Spies Hecker, and Imron. Axalta's products serve a diverse customer base, including body shops, industrial manufacturers, and original equipment manufacturers (OEMs) across multiple industries. The company utilizes a network of independent local distributors and company-owned stores to supply its products. Axalta operates in numerous countries, catering to markets in North America, Latin America, Europe, the Middle East, Africa, and Asia. Axalta is headquartered in Philadelphia, Pennsylvania, the US.
Headquarters
United States of America
Address
1050 Constitution Avenue, Philadelphia, Pennsylvania, 19112
Telephone
1 855 5471461
No of Employees
12,300
Industry
Chemicals
Ticker Symbol & Exchange
AXTA (NYSE)
Revenue (2024)
$5.1B
1.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
46.2%
(2024 vs 2023)
Market Cap*
$7.0B
Net Profit Margin (2023)
XYZ
43.6%
(2024 vs 2023)
* As of and is in US$
Axalta Coating Systems Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Powder Coatings | Customer Training | Audurra |
| Liquid Coatings | Weathering Systems | Abcite |
| AquaEC | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Corporate Awards | In January, the company won six Business Intelligence Group awards. |
| 2025 | Contracts/Agreements | In November, the company entered into an agreement to merge with Akzo Nobel NV, a paint company. |
| 2025 | New Products/Services | In October, the company announced the launch of its innovative coating to support improved battery safety in electric vehicles. |
Competitor Comparison
| Key Parameters | Axalta Coating Systems Ltd | BASF SE | Sherwin-Williams Co | PPG Industries Inc | Nippon Paint Holdings Co Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | Germany | United States of America | United States of America | Japan |
| City | Philadelphia | Ludwigshafen | Cleveland | Pittsburgh | Osaka-Shi |
| State/Province | Pennsylvania | Rheinland-Pfalz | Ohio | Pennsylvania | Osaka |
| No. of Employees | 12,300 | 106,428 | 64,249 | 43,500 | 38,481 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Chris Villavarayan | Chief Executive Officer; Director; President | Executive Board | 2023 | 55 |
| Carl D. Anderson | Chief Financial Officer; Senior Vice President | Senior Management | 2023 | 56 |
| Robert Roop | Chief Technology Officer; Senior Vice President | Senior Management | 2013 | - |
| Patricia Morschel | Chief Marketing Officer; Senior Vice President | Senior Management | 2025 | - |
| Mark Dixon | Chief Procurement Officer; Senior Vice President - Operational Excellence | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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