The Filing Desk

Axalta vs H.B. Fuller

Axalta AXTA · H.B. Fuller FUL · Specialty Chemicals

Axalta reported revenue of $5.1 billion in fiscal 2025, 1.5 times H.B. Fuller's $3.5 billion in fiscal 2025. Axalta's revenue fell 3.0% in its latest year, and H.B. Fuller's fell 2.7%. Free cash flow was $453 million at Axalta and $121 million at H.B. Fuller. Their fiscal years end in different months (December 31 and November 29), so the periods don't line up exactly.

Side by side

AxaltaH.B. Fuller
Latest fiscal yearFY2025, Dec 31, 2025FY2025, Nov 29, 2025
Revenue$5.1B$3.5B
Revenue growth−3.0%−2.7%
Revenue growth a year, last 5 years6.5%4.5%
Gross margin34.4%31.1%
Operating margin14.4%—
Net margin7.4%4.4%
Free cash flow$453M$121M
Free cash flow margin8.8%3.5%
Return on capital10.5%6.3%
Net debt to EBITDA2.5x3.6x
Dividends and buybacks$165M$111M
Change in diluted share count−1.5%−2.2%
Last close$34.17$49.13
P/E at the last close20.0×13.7×
Insider trades, last 12 months—bought $794,178, sold $1.9 million
Piotroski F-score7 of 97 of 9
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.

Ten years

Revenue
US$ billions, fiscal years
AxaltaH.B. Fuller
Operating margin
Percent of revenue
AxaltaH.B. Fuller
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
AxaltaH.B. Fuller

Start a new comparison

Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Axalta and H.B. Fuller pages.