Axalta Coating Systems — Third Quarter 2026 Earnings Summary

Axalta Coating Systems reported third-quarter 2026 net sales of $1.3 billion, representing a 2% year-over-year increase driven by volume growth in three regions and favorable foreign currency translation. The company achieved record quarterly net sales in its Mobility Coatings segment and reported net income of $95 million with an adjusted EBITDA of $282 million. Diluted earnings per share stood at $0.44, while adjusted diluted EPS was $0.63, reflecting lower volumes in Performance Coatings partially offset by reduced interest expenses. Axalta also highlighted a total net leverage ratio of 2.1x, the lowest in its history, alongside free cash flow of $92 million.