NYSE : AVNT
Avient Corporation — Financial statements
Materials · Specialty Chemicals · United States
Last price 42.84 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 3.93B
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Financial statements
Avient Corporation (AVNT) reported revenue of 3.33B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 3.33B | 3.26B | 3.24B | 3.14B | 3.40B | 3.32B |
| Cost of Revenue | 2.23B | 2.20B | 2.18B | 2.17B | 2.47B | 2.34B |
| Gross Profit | 1.10B | 1.06B | 1.06B | 972.30M | 929.60M | 976.80M |
| Selling, General & Admin | 703.10M | 701.00M | 713.00M | 672.40M | 653.00M | 661.10M |
| Operating Expenses | 703.10M | 701.00M | 713.00M | 672.40M | 653.00M | 661.10M |
| Operating Income | 396.10M | 357.20M | 343.00M | 299.90M | 276.60M | 315.70M |
| Interest Expense | -90.20M | -97.60M | -85.20M | -106.30M | -69.40M | -72.60M |
| Interest & Investment Income | 46.30M | 46.30M | 50.10M | 49.80M | 34.00M | 17.50M |
| Currency Exchange Gain (Loss) | 36.00M | 36.10M | 38.40M | 38.80M | 30.30M | |
| Other Non Operating Income (Expenses) | -90.50M | -88.90M | -116.70M | -100.60M | -153.80M | -23.90M |
| EBT Excluding Unusual Items | 297.70M | 253.10M | 229.60M | 181.60M | 117.70M | 236.70M |
| Merger & Restructuring Charges | 26.00M | -48.40M | -4.50M | -26.40M | -38.10M | -14.70M |
| Asset Writedown | -71.60M | -71.60M | ||||
| Legal Settlements | -23.00M | |||||
| Other Unusual Items | -25.30M | -23.40M | -35.00M | -69.60M | -24.10M | |
| Pretax Income | 228.80M | 111.70M | 224.80M | 87.30M | 63.80M | 203.50M |
| Income Tax Expense | 57.30M | 28.10M | 54.10M | 11.00M | -19.30M | 51.90M |
| Earnings From Continuing Operations | 171.50M | 83.60M | 170.70M | 76.30M | 83.10M | 151.60M |
| Earnings From Discontinued Operations | -100.00K | 620.30M | 79.00M | |||
| Net Income to Company | 171.50M | 83.60M | 170.70M | 76.20M | 703.40M | 230.60M |
| Minority Interest in Earnings | -1.50M | -1.70M | -1.20M | -500.00K | -300.00K | 200.00K |
| Net Income | 170.00M | 81.90M | 169.50M | 75.70M | 703.10M | 230.80M |
| Net Income to Common | 170.00M | 81.90M | 169.50M | 75.70M | 703.10M | 230.80M |
| Shares Outstanding (Basic) | 91.60M | 91.50M | 91.30M | 91.10M | 91.20M | 91.40M |
| Shares Outstanding (Diluted) | 92.00M | 91.80M | 92.00M | 91.80M | 92.20M | 92.10M |
| EPS (Basic) | 1.86 | 0.90 | 1.86 | 0.83 | 7.71 | 2.53 |
| EPS (Diluted) | 1.85 | 0.89 | 1.84 | 0.83 | 7.63 | 2.51 |
| Free Cash Flow | 190.80M | 195.00M | 134.90M | 82.20M | 292.90M | 133.20M |
| Free Cash Flow Per Share | 2.07 | 2.12 | 1.47 | 0.90 | 3.18 | 1.45 |
| Dividend Per Share | 1.09 | 1.08 | 1.04 | 1.00 | 0.96 | 0.88 |
| Gross Margin | 32.99% | 32.46% | 32.59% | 30.94% | 27.37% | 29.46% |
| Operating Margin | 11.89% | 10.96% | 10.59% | 9.54% | 8.14% | 9.52% |
| Profit Margin | 5.10% | 2.51% | 5.23% | 2.41% | 20.70% | 6.96% |
| Free Cash Flow Margin | 5.73% | 5.98% | 4.16% | 2.62% | 8.62% | 4.02% |
| EBITDA | 586.80M | 543.10M | 522.70M | 488.70M | 439.70M | 459.90M |
| EBITDA Margin | 17.61% | 16.66% | 16.13% | 15.55% | 12.94% | 13.87% |
| D&A For EBITDA | 190.70M | 185.90M | 179.70M | 188.80M | 163.10M | 144.20M |
| EBIT | 396.10M | 357.20M | 343.00M | 299.90M | 276.60M | 315.70M |
| EBIT Margin | 11.89% | 10.96% | 10.59% | 9.54% | 8.14% | 9.52% |
| Effective Tax Rate | 25.04% | 25.16% | 24.07% | 12.60% | 25.50% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 425.60M | 510.50M | 544.50M | 545.80M | 641.10M | 601.20M |
| Cash & Short-Term Investments | 425.60M | 510.50M | 544.50M | 545.80M | 641.10M | 601.20M |
| Receivables | 553.50M | 435.00M | 399.50M | 399.90M | 440.60M | 439.90M |
| Inventory | 443.00M | 367.20M | 346.80M | 347.00M | 372.70M | 305.80M |
| Other Current Assets | 111.30M | 88.20M | 131.30M | 114.90M | 115.30M | 480.10M |
| Total Current Assets | 1.53B | 1.40B | 1.42B | 1.41B | 1.57B | 1.83B |
| Property, Plant & Equipment | 961.90M | 1.07B | 1.04B | 1.09B | 1.11B | 730.50M |
| Goodwill | 1.74B | 1.76B | 1.66B | 1.72B | 1.67B | 1.28B |
| Other Intangible Assets | 1.42B | 1.49B | 1.45B | 1.59B | 1.60B | 925.20M |
| Long-Term Deferred Tax Assets | 194.70M | 81.30M | 92.30M | |||
| Other Long-Term Assets | 351.10M | 105.60M | 153.20M | 64.30M | 136.20M | 229.70M |
| Total Assets | 6.00B | 6.03B | 5.81B | 5.97B | 6.08B | 5.00B |
| Accounts Payable | 474.70M | 410.00M | 417.40M | 432.30M | 454.40M | 429.50M |
| Accrued Expenses | 331.70M | 195.70M | 213.90M | 191.10M | 186.30M | 217.30M |
| Current Portion of Long-Term Debt | 500.00K | 500.00K | 7.70M | 9.50M | 2.20M | 11.70M |
| Current Portion of Leases | 18.40M | 18.20M | 16.60M | 17.00M | 21.10M | |
| Current Income Taxes Payable | 53.00M | 48.10M | 45.50M | 121.50M | 55.70M | |
| Other Current Liabilities | 168.70M | 50.80M | 78.60M | 88.00M | 205.30M | |
| Total Current Liabilities | 806.90M | 846.30M | 756.10M | 773.60M | 869.40M | 940.60M |
| Long-Term Debt | 1.88B | 1.92B | 2.06B | 2.07B | 2.18B | 1.85B |
| Long-Term Leases | 58.90M | 63.50M | 43.20M | 40.90M | 37.30M | |
| Pension & Post-Retirement Benefits | 58.60M | 55.00M | 67.20M | 67.20M | 99.90M | |
| Long-Term Deferred Tax Liabilities | 278.10M | 285.70M | 260.40M | 281.60M | 342.50M | 100.60M |
| Other Long-Term Liabilities | 594.50M | 467.20M | 287.20M | 394.40M | 235.50M | 178.00M |
| Total Liabilities | 3.55B | 3.64B | 3.48B | 3.63B | 3.73B | 3.21B |
| Common Stock | 1.20M | 1.20M | 1.20M | 1.20M | 1.20M | 1.20M |
| Additional Paid-In Capital | 1.54B | 1.54B | 1.54B | 1.53B | 1.52B | 1.51B |
| Retained Earnings | 1.94B | 1.87B | 1.88B | 1.81B | 1.82B | 1.21B |
| Treasury Stock | -926.40M | -927.80M | -929.60M | -932.50M | -935.00M | -900.70M |
| Comprehensive Income & Other | -116.60M | -106.70M | -177.80M | -87.40M | -75.80M | -45.60M |
| Total Common Equity | 2.44B | 2.37B | 2.31B | 2.32B | 2.33B | 1.77B |
| Minority Interest | 13.10M | 12.10M | 15.80M | 18.80M | 18.30M | 15.80M |
| Shareholders' Equity | 2.45B | 2.39B | 2.33B | 2.34B | 2.35B | 1.79B |
| Total Liabilities & Equity | 6.00B | 6.03B | 5.81B | 5.97B | 6.08B | 5.00B |
| Total Debt | 1.88B | 2.00B | 2.15B | 2.14B | 2.24B | 1.92B |
| Net Cash (Debt) | -1.45B | -1.49B | -1.60B | -1.59B | -1.60B | -1.32B |
| Net Cash Per Share | -15.76 | -16.23 | -17.44 | -17.36 | -17.31 | -14.32 |
| Filing Date Shares Outstanding | 91.72M | 91.62M | 91.44M | 91.18M | 90.97M | 91.60M |
| Total Common Shares Outstanding | 91.72M | 91.60M | 91.40M | 91.20M | 90.90M | 91.60M |
| Working Capital | 726.50M | 554.60M | 666.00M | 634.00M | 700.30M | 886.40M |
| Book Value Per Share | 26.57 | 25.92 | 25.32 | 25.43 | 25.68 | 19.37 |
| Tangible Book Value | -721.50M | -875.80M | -796.30M | -990.90M | -935.00M | -435.30M |
| Tangible Book Value Per Share | -7.87 | -9.56 | -8.71 | -10.87 | -10.29 | -4.75 |
| Land | 99.10M | 100.80M | 93.90M | 98.50M | 103.50M | 91.50M |
| Buildings | 453.80M | 455.60M | 438.30M | 439.80M | 432.20M | 348.10M |
| Machinery | 1.39B | 1.38B | 1.29B | 1.38B | 1.33B | 965.40M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 170.00M | 81.90M | 169.50M | 75.70M | 703.10M | 230.80M |
| Depreciation & Amortization | 190.70M | 185.90M | 179.70M | 188.80M | 163.10M | 144.20M |
| Asset Writedown & Restructuring Costs | 71.60M | 1.70M | ||||
| Stock-Based Compensation | 8.60M | 9.10M | 15.40M | 13.20M | 13.20M | 11.20M |
| Other Operating Activities | -43.90M | -43.70M | -22.60M | -60.80M | 35.20M | -26.00M |
| Change in Accounts Receivable | -40.20M | -18.30M | -15.20M | 38.60M | 32.60M | -143.10M |
| Change in Inventory | -59.10M | 600.00K | -13.70M | 24.30M | 14.00M | -141.00M |
| Change in Accounts Payable | 40.00M | -27.60M | 300.00K | -22.20M | 10.70M | 95.30M |
| Change in Income Taxes | -104.10M | -2.80M | ||||
| Change in Other Net Operating Assets | 33.10M | 42.10M | -56.60M | 48.10M | -20.60M | 60.70M |
| Operating Cash Flow | 299.20M | 301.60M | 256.80M | 201.60M | 398.40M | 233.80M |
| Capital Expenditures | -108.40M | -106.60M | -121.90M | -119.40M | -105.50M | -100.60M |
| Sale of Property, Plant & Equipment | 12.90M | 12.90M | 3.40M | 7.60M | 6.10M | |
| Cash Acquisitions | -1.43B | -47.60M | ||||
| Divestitures | 928.20M | |||||
| Other Investing Activities | -3.30M | -3.30M | -2.10M | 17.60M | 93.30M | -2.00M |
| Investing Cash Flow | -98.80M | -97.00M | -120.60M | -94.20M | -504.00M | -150.20M |
| Long-Term Debt Issued | 650.00M | 1.30B | ||||
| Long-Term Debt Repaid | -150.30M | -660.90M | -105.80M | -956.80M | -18.50M | |
| Net Debt Issued (Repaid) | -150.10M | -150.30M | -10.90M | -105.80M | 343.20M | -18.50M |
| Repurchase of Common Stock | -4.10M | -4.10M | -6.40M | -3.40M | -40.70M | -14.90M |
| Common Dividends Paid | -99.80M | -98.80M | -94.00M | -90.20M | -86.80M | -77.70M |
| Other Financing Activities | 300.00K | -3.90M | -9.60M | -2.30M | -49.30M | -3.50M |
| Financing Cash Flow | -253.70M | -257.10M | -120.90M | -201.70M | 166.40M | -114.60M |
| Foreign Exchange Rate Adjustments | 4.40M | 18.50M | -16.60M | -1.00M | -20.90M | -17.30M |
| Net Cash Flow | -48.90M | -34.00M | -1.30M | -95.30M | 39.90M | -48.30M |
| Free Cash Flow | 190.80M | 195.00M | 134.90M | 82.20M | 292.90M | 133.20M |
| Free Cash Flow Margin | 5.73% | 5.98% | 4.16% | 2.62% | 8.62% | 4.02% |
| Free Cash Flow Per Share | 2.07 | 2.12 | 1.47 | 0.90 | 3.18 | 1.45 |
| Levered Free Cash Flow | 263.79M | 335.05M | 201.22M | 167.70M | 439.90M | 84.04M |
| Unlevered Free Cash Flow | 320.16M | 396.05M | 254.47M | 234.14M | 483.27M | 129.41M |
| Cash Interest Paid | 97.60M | 97.60M | 85.20M | 106.30M | 69.40M | 72.60M |
| Cash Income Tax Paid | 65.80M | 65.80M | 65.90M | 151.20M | 80.30M | 89.50M |
| Change in Working Capital | -26.20M | -3.20M | -85.20M | -15.30M | 33.90M | -128.10M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.02B | 2.86B | 3.73B | 3.79B | 3.07B | 5.12B |
| Enterprise Value | 5.47B | 4.40B | 5.31B | 5.45B | 5.71B | 6.54B |
| Last Close Price | 42.84 | 30.56 | 38.76 | 38.52 | 30.48 | 49.34 |
| PE Ratio | 23.67 | 34.93 | 22.02 | 50.06 | 4.37 | 22.18 |
| Forward PE | 13.68 | 10.43 | 14.51 | 17.24 | 16.13 | 17.12 |
| PS Ratio | 1.22 | 0.88 | 1.15 | 1.21 | 0.90 | 1.54 |
| PB Ratio | 1.61 | 1.20 | 1.60 | 1.62 | 1.30 | 2.86 |
| P/FCF Ratio | 21.27 | 14.67 | 27.67 | 46.10 | 10.48 | 38.43 |
| P/OCF Ratio | 13.56 | 9.48 | 14.54 | 18.80 | 7.71 | 21.89 |
| PEG Ratio | 1.23 | 1.05 | 1.18 | 4.13 | 4.24 | 1.32 |
| EV/Sales Ratio | 1.65 | 1.35 | 1.64 | 1.73 | 1.68 | 1.97 |
| EV/EBITDA Ratio | 9.39 | 8.11 | 10.16 | 11.15 | 12.99 | 14.21 |
| EV/EBIT Ratio | 13.91 | 12.32 | 15.49 | 18.17 | 20.65 | 20.70 |
| EV/FCF Ratio | 28.87 | 22.58 | 39.38 | 66.29 | 19.50 | 49.07 |
| Debt / Equity Ratio | 0.77 | 0.84 | 0.92 | 0.92 | 0.95 | 1.07 |
| Debt / EBITDA Ratio | 3.01 | 3.46 | 3.87 | 4.12 | 4.77 | 3.92 |
| Debt / FCF Ratio | 9.83 | 10.26 | 15.93 | 26.03 | 7.64 | 14.42 |
| Net Debt / Equity Ratio | 0.59 | 0.62 | 0.69 | 0.68 | 0.68 | 0.74 |
| Net Debt / EBITDA Ratio | 2.47 | 2.74 | 3.07 | 3.26 | 3.63 | 2.87 |
| Net Debt / FCF Ratio | 7.60 | 7.64 | 11.89 | 19.39 | 5.45 | 9.90 |
| Asset Turnover | 0.55 | 0.55 | 0.55 | 0.52 | 0.61 | 0.67 |
| Inventory Turnover | 5.38 | 6.17 | 6.30 | 6.03 | 7.27 | 7.39 |
| Quick Ratio | 1.21 | 1.12 | 1.25 | 1.22 | 1.24 | 1.11 |
| Current Ratio | 1.90 | 1.66 | 1.88 | 1.82 | 1.80 | 1.94 |
| Return on Equity (ROE) | 7.11% | 3.55% | 7.31% | 3.25% | 4.01% | 8.66% |
| Return on Assets (ROA) | 4.08% | 3.77% | 3.64% | 3.11% | 3.12% | 4.00% |
| Return on Invested Capital (ROIC) | 7.60% | 6.85% | 6.62% | 6.65% | 7.84% | 7.67% |
| Return on Capital Employed (ROCE) | 7.60% | 6.90% | 6.80% | 5.80% | 5.30% | 7.80% |
| Earnings Yield | 4.23% | 2.86% | 4.54% | 2.00% | 22.90% | 4.51% |
| FCF Yield | 4.70% | 6.82% | 3.61% | 2.17% | 9.54% | 2.60% |
| Dividend Yield | 2.57% | 3.47% | 2.55% | 2.41% | 2.84% | 1.57% |
| Payout Ratio | 61.03% | 120.64% | 55.46% | 119.16% | 12.35% | 33.67% |
| Buyback Yield / Dilution | -0.11% | 0.22% | -0.22% | 0.43% | -0.11% | -1.66% |
| Total Shareholder Return | 2.44% | 3.69% | 2.33% | 2.84% | 2.73% | -0.09% |