---
schema_version: "secwatch.filing_event.v1"
accession: "0001616862-23-000049"
form_type: "8-K"
ticker: "AXTA"
cik: "0001616862"
company_name: "Axalta Coating Systems Ltd."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T18:21:00.228638+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Axalta Q2 net sales +4.8% to $1.29B, Adj EBIT $154.5M, guides FY Adj EPS $1.40-$1.45

## Summary
- Net sales $1,293.9M (+4.8% YoY); price-mix +6.8%, volume -3.7% due to ERP implementation in North America.
- Income from operations $137.6M vs $103.6M; Adjusted EBIT $154.5M (+2.6% YoY).
- Performance Coatings flat at $856M; Mobility Coatings +15.5% to $437.9M, Adj EBIT $23.7M (vs $2.3M).
- FY 2023 guidance: Adj EBIT $630-650M, Adj EPS $1.40-$1.45, free cash flow $385-425M.
- Net leverage improved to 3.6x; voluntary debt paydown of $75M in Q2 2023.

## SEC filing metadata
- accession: 0001616862-23-000049
- form_type: 8-K
- ticker: AXTA
- cik: 0001616862
- company_name: Axalta Coating Systems Ltd.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616862/000161686223000049/0001616862-23-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616862/000161686223000049/axta-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001616862-23-000049
- JSON: https://secwatch.observer/filing/0001616862-23-000049.json
- Plain text: https://secwatch.observer/filing/0001616862-23-000049.txt

## Key facts
- Earnings Releases
  Axalta Coating Systems Ltd. reported the second quarter ended June 30, 2023 results: revenue $1,293.9.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $1,293.9
  - Result: reported results
  source text: Total Axalta Net Sales $1,293.9 $1,234.9 4.8% (3.7%) 6.8% 0.1% 1.6%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616862/000161686223000049/0001616862-23-000049-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.