AXALTA COATING SYSTEMS LTD.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|
| Revenue | $4.70B | $4.38B | $4.09B | $4.11B | $4.39B |
| Cost of Revenue | $3.11B | $2.78B | $2.53B | $2.60B | $2.90B |
| Gross Profit | $1.59B | $1.60B | $1.56B | $1.51B | $1.49B |
| Gross Margin | 33.9% | 36.5% | 38.2% | 36.8% | 34.0% |
| Operating Expenses | |||||
| Research & Development | $73.1M | $65.3M | $57.7M | $51.6M | $49.5M |
| SG&A Expense | $876.4M | $934.7M | $959.8M | $914.8M | $991.5M |
| Operating Income | $442.1M | $363.7M | $405.1M | $465.6M | $369.5M |
| Operating Margin | 9.4% | 8.3% | 9.9% | 11.3% | 8.4% |
| Interest Expense | $159.6M | $147.0M | $178.2M | $196.5M | $217.7M |
| Pretax Income | $267.5M | $189.6M | $82.7M | $157.9M | $36.8M |
| Income Tax Expense | $54.2M | $141.9M | $38.1M | $62.1M | $2.1M |
| Net Income | $207.1M | $36.7M | $38.8M | $91.6M | $27.4M |
| Net Margin | 4.4% | 0.8% | 0.9% | 2.2% | 0.6% |
| EPS (Basic) | $0.87 | $0.15 | $0.16 | $0.39 | $0.12 |
| EPS (Diluted) | $0.85 | $0.15 | $0.16 | $0.38 | $0.12 |
| Shares Outstanding (Basic) | 239.0M | 240.4M | 238.1M | 233.8M | 229.3M |
| Shares Outstanding (Diluted) | 242.9M | 246.1M | 244.4M | 239.7M | 230.3M |
| Dividends Per Share | — | — | — | — | — |