Axalta Coating Systems vs Fuller H B
Axalta Coating Systems is the larger business, with $5.12bn of revenue in fiscal 2025 against $3.47bn for Fuller H B (1.5 times as much). Fuller H B grew faster (-2.7% against -3.0%). Axalta Coating Systems kept more of each dollar of sales as profit: a net margin of 7.4% against 4.4%. Fuller H B carries less debt relative to equity (100.7% against 137.5%).
| Latest fiscal year | Axalta Coating SystemsAXTA, 2025 | Fuller H BFUL, 2025 |
|---|---|---|
| Revenue | $5.12bn | $3.47bn |
| Revenue growth | -3.0% | -2.7% |
| Net income | $378m | $152m |
| Operating margin | 14.4% | — |
| Net margin | 7.4% | 4.4% |
| Return on equity | 17.8% | 7.9% |
| Free cash flow | $453m | $121m |
| Cash | $657m | $107m |
| Total debt | $3.23bn | $2.02bn |
| Debt to equity | 137.5% | 100.7% |
| Dividend per share | — | $0.93 |
| Dividend yield | — | 1.9% |
| Share buybacks | $165m | $60.7m |
| Employees | 12,300 | 7,100 |
| Market value | $7.62bn | $2.72bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 70 (Strong) | 56 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 13 buys, 2 sales |