Axalta Coating Systems Ltd.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $378.0M | $391.0M | $267.0M | $192.0M | $263.9M | $121.6M | $249.0M | $207.1M |
| Depreciation & Amortization | $295.0M | $280.0M | $275.6M | $303.1M | $316.5M | $320.3M | $353.0M | $369.1M |
| Depreciation | $131.0M | $127.0M | $121.0M | $117.0M | $127.7M | $137.2M | $169.9M | $183.4M |
| Amortization | $98.0M | $92.0M | $88.0M | $125.0M | $121.4M | $113.2M | $113.1M | $115.4M |
| Stock-Based Compensation | $25.0M | $28.0M | $26.0M | $22.0M | $14.9M | $15.1M | $15.7M | $37.3M |
| Net Cash from Operating Activities | $649.0M | $576.0M | $575.0M | $294.0M | $558.6M | $509.3M | $573.1M | $496.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $196.0M | $140.0M | $138.0M | $151.0M | $121.6M | $82.1M | $112.5M | $143.4M |
| Business Acquisitions | $48.0M | $301.0M | $106.0M | $3.0M | $649.0M | $1.0M | $3.3M | $82.8M |
| Net Cash from Investing Activities | $-212.0M | $-440.0M | $-206.0M | $-106.0M | $-716.0M | $-61.5M | $-93.9M | $-189.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $165.0M | $100.0M | $50.0M | $200.0M | $243.8M | $26.0M | $105.3M | $253.8M |
| Net Cash from Financing Activities | $-401.0M | $-201.0M | $-315.0M | $-369.0M | $-334.5M | $-130.9M | $-158.4M | $-368.2M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $453.0M | $436.0M | $437.0M | $143.0M | $437.0M | $427.2M | $460.6M | $352.7M |