---
schema_version: "secwatch.filing_event.v1"
accession: "0001616862-24-000054"
form_type: "8-K"
ticker: "AXTA"
cik: "0001616862"
company_name: "Axalta Coating Systems Ltd."
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:50:42.829290+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Axalta Q2 record revenue $1.35B, Adj EBITDA $291M (+28% YoY), raises FY2024 guidance

## Summary
- Q2 net sales $1.35B (+4.4% YoY); net income $113M (+$52M YoY); Adj diluted EPS $0.57 (+63%).
- Adjusted EBITDA $291M (record), margin 21.5% (+400 bps YoY); all four end markets positive.
- Performance Coatings Adj EBITDA $223M (+23%); Mobility Coatings $68M (+48%), both driven by deflation and volume.
- FY2024 guidance raised: Adj EBITDA ~$1.09-1.1B, Adj diluted EPS ~$2.05, FCF $475-500M.
- Net leverage fell to 2.6x from 3.6x; repurchased $50M shares; CoverFlexx acquisition closed July 2024.

## SEC filing metadata
- accession: 0001616862-24-000054
- form_type: 8-K
- ticker: AXTA
- cik: 0001616862
- company_name: Axalta Coating Systems Ltd.
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616862/000161686224000054/0001616862-24-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616862/000161686224000054/axta-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001616862-24-000054
- JSON: https://secwatch.observer/filing/0001616862-24-000054.json
- Plain text: https://secwatch.observer/filing/0001616862-24-000054.txt

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