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Avient (AVNT) Financials

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$38.00 +0.85 (+2.28%)
Closing price 03:59 PM Eastern
Extended Trading
$37.86 -0.14 (-0.36%)
As of 05:31 PM Eastern
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Annual Income Statements for Avient

Annual Income Statements for Avient

This table shows Avient's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 145 165 -58 160 589 132 231 703 76 170 82
Consolidated Net Income / (Loss)		 145 165 -58 160 589 133 231 703 76 171 84
Net Income / (Loss) Continuing Operations		 149 166 111 87 76 73 152 83 76 171 84
Total Pre-Tax Income 		174 227 112 102 109 61 204 64 87 225 112
Total Operating Income		 258 268 173 179 157 112 280 243 197 329 204
Total Gross Profit		 652 676 596 625 657 660 944 883 893 1,057 1,016
Total Revenue		 2,929 2,939 2,590 2,881 2,863 2,215 3,316 3,397 3,143 3,240 3,260
Operating Revenue		 2,929 2,939 2,590 2,881 2,863 2,215 3,316 3,397 3,143 3,240 3,260
Total Cost of Revenue		 2,277 2,262 1,994 2,256 2,206 1,555 2,372 2,514 2,250 2,184 2,245
Operating Cost of Revenue		 2,277 2,262 1,994 2,256 2,206 1,555 2,372 2,514 2,250 2,184 2,245
Total Operating Expenses		 394 409 423 446 500 548 664 639 696 727 812
Selling, General & Admin Expense		 394 409 423 446 500 548 664 639 696 727 812
Total Other Income / (Expense), net		 -84 -41 -61 -77 -47 -51 -76 -180 -110 -105 -92
Interest & Investment Income		 - - - - - - - -120 -115 -106 -99
Other Income / (Expense), net		 -3.20 19 -0.10 -13 12 24 -1.00 -60 5.80 1.10 6.80
Income Tax Expense		 26 60 0.80 14 34 -12 52 -19 11 54 28
Net Income / (Loss) Discontinued Operations		 -3.80 -1.20 -169 72 513 61 79 620 -0.10 0.00 0.00
Net Income / (Loss) Attributable to Noncontrolling Interest		 0.10 -0.20 0.10 -0.30 0.20 1.80 -0.20 0.30 0.50 1.20 1.70
Basic Earnings per Share		 $1.65 $1.97 ($0.71) $2.01 $7.62 $1.46 $2.53 $7.71 $0.83 $1.86 $0.90
Weighted Average Basic Shares Outstanding		 87.80M 83.90M 81.50M 79.70M 77.20M 90.10M 91.40M 91.20M 91.10M 91.30M 91.50M
Diluted Earnings per Share		 $1.63 $1.95 ($0.70) $1.99 $7.58 $1.45 $2.51 $7.63 $0.83 $1.84 $0.89
Weighted Average Diluted Shares Outstanding		 88.70M 84.80M 82.70M 80.40M 77.70M 90.60M 92.10M 92.20M 91.80M 92M 91.80M
Weighted Average Basic & Diluted Shares Outstanding		 87.60M 83.90M 81.30M 79.50M 92.28M 91.29M 91.60M 90.97M 91.18M 91.44M 91.62M
Cash Dividends to Common per Share		 $0.42 $0.50 $0.58 $0.72 $0.79 $0.82 $0.88 $0.96 $1.00 $1.04 $1.09

Quarterly Income Statements for Avient

This table shows Avient's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 22 5.10 29 49 34 38 48 -20 53 33 17
Consolidated Net Income / (Loss)		 22 5.10 28 50 34 39 49 -20 54 33 17
Net Income / (Loss) Continuing Operations		 22 5.10 28 50 34 39 49 -20 54 33 17
Total Pre-Tax Income 		33 5.00 21 67 45 50 63 -27 71 43 25
Total Operating Income		 62 34 43 94 73 77 86 0.70 96 67 40
Total Gross Profit		 241 195 209 278 258 261 260 263 278 245 230
Total Revenue		 824 754 719 829 850 815 747 827 867 807 761
Operating Revenue		 824 754 719 829 850 815 747 827 867 807 761
Total Cost of Revenue		 584 558 510 551 592 554 487 563 589 562 531
Operating Cost of Revenue		 584 558 510 551 592 554 487 563 589 562 531
Total Operating Expenses		 178 161 166 184 185 184 174 263 182 178 190
Selling, General & Admin Expense		 178 161 166 184 185 184 174 263 182 178 190
Total Other Income / (Expense), net		 -30 -29 -23 -28 -28 -27 -22 -27 -25 -24 -15
Interest & Investment Income		 -29 -30 - -27 -27 -27 - -27 -25 -24 -23
Other Income / (Expense), net		 -0.20 1.00 4.30 -0.90 -0.90 -0.30 3.20 -0.40 -0.50 0.00 7.70
Income Tax Expense		 10 -0.10 -7.00 17 11 11 15 -6.70 17 10 7.30
Net Income / (Loss) Attributable to Noncontrolling Interest		 0.20 0.00 -0.20 0.30 0.20 0.50 0.20 0.30 0.90 0.20 0.30
Basic Earnings per Share		 $0.24 $0.06 $0.31 $0.54 $0.37 $0.42 $0.53 ($0.22) $0.57 $0.36 $0.19
Weighted Average Basic Shares Outstanding		 91.10M 91.10M 91.10M 91.20M 91.30M 91.30M 91.30M 91.50M 91.50M 91.60M 91.50M
Diluted Earnings per Share		 $0.24 $0.06 $0.31 $0.54 $0.36 $0.41 $0.53 ($0.22) $0.57 $0.36 $0.18
Weighted Average Diluted Shares Outstanding		 91.90M 91.90M 91.80M 93.10M 92.20M 92.30M 92M 91.50M 91.80M 91.80M 91.80M
Weighted Average Basic & Diluted Shares Outstanding		 91.08M 91.16M 91.18M 91.26M 91.31M 91.36M 91.44M 91.53M 91.54M 91.56M 91.62M
Cash Dividends to Common per Share		 $0.25 $0.25 $0.26 $0.26 $0.26 $0.26 $0.27 $0.27 $0.27 $0.27 $0.27

Annual Cash Flow Statements for Avient

This table details how cash moves in and out of Avient's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 41 -53 17 -73 694 -215 -48 40 -95 -1.30 -34
Net Cash From Operating Activities		 240 228 202 254 301 222 234 398 202 257 302
Net Cash From Continuing Operating Activities		 240 228 202 254 301 222 234 398 202 257 302
Net Income / (Loss) Continuing Operations		 145 165 -58 160 589 133 231 703 76 171 84
Consolidated Net Income / (Loss)		 145 165 -58 160 589 133 231 703 76 171 84
Depreciation Expense		 116 101 97 89 88 115 146 163 189 180 186
Non-Cash Adjustments To Reconcile Net Income		 26 14 236 15 -446 -131 11 -540 -91 15 81
Changes in Operating Assets and Liabilities, net		 -46 -52 -73 -9.30 71 93 -155 37 28 -109 -49
Net Cash From Investing Activities		 -107 -235 -119 -170 612 -1,432 -150 -504 -94 -121 -97
Net Cash From Continuing Investing Activities		 -107 -235 -119 -170 612 -1,432 -150 -504 -94 -121 -97
Purchase of Property, Plant & Equipment		 -91 -84 -80 -76 -82 -64 -101 -106 -119 -122 -107
Divestitures		 3.00 13 111 0.00 762 7.10 0.00 928 7.30 0.00 0.00
Other Investing Activities, net		 - - - - 51 5.20 -2.00 6.10 18 1.30 9.60
Net Cash From Financing Activities		 -84 -40 -73 -148 -218 982 -115 166 -202 -121 -257
Net Cash From Continuing Financing Activities		 -84 -40 -73 -148 -218 982 -115 166 -202 -121 -257
Repayment of Debt		 -1,322 -1,041 -1,426 -1,118 -1,092 -17 -22 -1,006 -108 -671 -154
Payment of Dividends		 -36 -40 -44 -56 -60 -71 -78 -87 -90 -94 -99
Issuance of Debt		 1,439 1,132 1,473 1,153 963 650 0.00 1,300 0.00 650 0.00
Other Financing Activities, net		 -8.80 -5.10 -4.70 -4.10 -2.10 -53 -11 -4.30 -3.40 -6.40 -4.10
Effect of Exchange Rate Changes		 -9.10 -5.00 6.60 -8.00 -0.60 13 -17 -21 -1.00 -17 19

Quarterly Cash Flow Statements for Avient

This table details how cash moves in and out of Avient's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
Net Change in Cash & Equivalents		 -54 -89 106 -102 45 16 39 -89 19 -29 65
Net Cash From Operating Activities		 -2.50 72 155 -43 106 71 123 -51 113 72 168
Net Cash From Continuing Operating Activities		 -2.50 72 155 -43 106 71 123 -51 113 72 168
Net Income / (Loss) Continuing Operations		 22 5.10 28 50 34 39 49 -20 54 33 17
Consolidated Net Income / (Loss)		 22 5.10 28 50 34 39 49 -20 54 33 17
Depreciation Expense		 48 46 44 44 45 45 45 45 47 47 47
Non-Cash Adjustments To Reconcile Net Income		 -100 2.10 3.50 3.30 5.70 3.50 -31 108 -38 41 -30
Changes in Operating Assets and Liabilities, net		 27 18 78 -140 22 -16 60 -185 51 -49 134
Net Cash From Investing Activities		 -26 -27 -29 -25 -30 -25 -41 -13 -27 -25 -33
Net Cash From Continuing Investing Activities		 -26 -27 -29 -25 -30 -25 -41 -13 -27 -25 -33
Purchase of Property, Plant & Equipment		 -26 -29 -44 -24 -31 -25 -41 -13 -27 -25 -42
Other Investing Activities, net		 - 2.30 16 -0.10 1.40 - - 0.00 - - 9.60
Net Cash From Financing Activities		 -23 -128 -26 -28 -27 -39 -27 -28 -78 -75 -75
Net Cash From Continuing Financing Activities		 -23 -128 -26 -28 -27 -39 -27 -28 -78 -75 -75
Repayment of Debt		 -0.20 -105 0.30 -4.60 -3.20 -666 2.80 -3.60 -53 -51 -47
Payment of Dividends		 -23 -23 -23 -24 -24 -24 -24 -25 -25 -25 -25
Effect of Exchange Rate Changes		 -3.20 -6.40 6.20 -6.10 -4.10 9.20 -16 3.40 11 -1.00 5.30

Annual Balance Sheets for Avient

This table presents Avient's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 2,595 2,736 2,705 2,723 3,273 4,871 4,997 6,085 5,969 5,811 6,026
Total Current Assets		 961 950 1,067 999 1,513 1,602 1,827 1,570 1,408 1,422 1,401
Cash & Equivalents		 280 226 244 171 865 650 601 641 546 545 511
Accounts Receivable		 347 326 392 347 330 517 440 441 400 400 435
Inventories, net		 287 266 328 285 261 328 306 373 347 347 367
Other Current Assets		 47 46 103 66 58 109 120 115 115 131 88
Plant, Property, & Equipment, net		 584 426 462 385 407 695 672 1,049 1,029 955 989
Total Noncurrent Assets		 1,051 1,360 1,177 1,340 1,353 2,574 2,498 3,466 3,532 3,434 3,636
Goodwill		 598 533 611 639 686 1,308 1,285 1,672 1,719 1,660 1,758
Intangible Assets		 345 343 400 422 469 1,009 925 1,598 1,591 1,450 1,492
Noncurrent Deferred & Refundable Income Taxes		 - - - - - - - - 92 81 195
Other Noncurrent Operating Assets		 109 137 167 154 198 257 266 197 130 242 191
Total Liabilities & Shareholders' Equity		 2,595 2,736 2,705 2,723 3,273 4,871 4,997 6,085 5,969 5,811 6,026
Total Liabilities		 1,890 2,010 2,106 2,183 2,221 3,159 3,207 3,732 3,758 3,482 3,639
Total Current Liabilities		 498 510 571 558 703 801 941 869 774 756 846
Short-Term Debt		 19 19 33 19 18 19 8.60 2.20 9.50 7.70 0.50
Accounts Payable		 352 321 389 305 288 472 430 454 432 417 410
Accrued Expenses		 128 125 149 129 375 286 340 396 332 331 436
Total Noncurrent Liabilities		 1,392 1,500 1,535 1,625 1,518 2,358 2,266 2,863 2,967 2,725 2,793
Long-Term Debt		 1,128 1,239 1,276 1,336 1,211 1,854 1,850 2,177 2,071 2,059 1,923
Noncurrent Deferred & Payable Income Tax Liabilities		 34 6.90 40 69 64 140 101 343 282 260 286
Other Noncurrent Operating Liabilities		 153 141 156 162 187 249 202 276 505 406 585
Total Equity & Noncontrolling Interests		 705 726 599 541 1,053 1,712 1,791 2,353 2,338 2,330 2,386
Total Preferred & Common Equity		 704 725 599 540 1,052 1,697 1,775 2,335 2,319 2,314 2,374
Total Common Equity		 704 725 599 540 1,052 1,697 1,775 2,335 2,319 2,314 2,374
Common Stock		 1,157 1,158 1,163 1,168 1,176 1,515 1,513 1,522 1,531 1,539 1,544
Retained Earnings		 367 491 387 473 1,001 1,057 1,208 1,824 1,808 1,883 1,865
Treasury Stock		 -748 -831 -898 -1,019 -1,043 -901 -901 -935 -933 -930 -928
Accumulated Other Comprehensive Income / (Loss)		 -71 -94 -53 -82 -83 26 -46 -76 -87 -178 -107
Noncontrolling Interest		 1.00 0.80 0.90 0.60 0.80 15 16 18 19 16 12

Quarterly Balance Sheets for Avient

This table presents Avient's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025
Total Assets		 6,307 6,111 6,052 5,790 5,876 5,908 6,047 5,811 6,133 6,056
Total Current Assets		 1,988 1,564 1,511 1,364 1,391 1,459 1,457 1,430 1,494 1,424
Cash & Equivalents		 544 583 529 440 444 489 506 456 475 446
Accounts Receivable		 505 484 506 437 475 487 465 490 523 485
Inventories, net		 442 372 359 350 354 366 378 373 388 392
Other Current Assets		 130 125 117 138 117 117 109 112 109 102
Plant, Property, & Equipment, net		 965 1,046 1,007 978 1,022 1,020 974 952 986 981
Total Noncurrent Assets		 3,353 3,501 3,534 3,447 3,464 3,429 3,616 3,429 3,653 3,651
Goodwill		 1,491 1,690 1,706 1,681 1,700 1,685 1,717 1,684 1,755 1,755
Intangible Assets		 1,526 1,602 1,615 1,563 1,547 1,516 1,543 1,465 1,529 1,510
Other Noncurrent Operating Assets		 281 210 213 203 217 228 224 281 369 387
Total Liabilities & Shareholders' Equity		 6,307 6,111 6,052 5,790 5,876 5,908 6,047 5,811 6,133 6,056
Total Liabilities		 4,571 3,743 3,698 3,494 3,538 3,574 3,667 3,497 3,759 3,667
Total Current Liabilities		 1,556 837 777 727 732 1,498 895 698 737 702
Short-Term Debt		 614 2.20 2.20 9.50 9.60 658 7.80 7.80 0.50 0.50
Accounts Payable		 449 448 429 390 428 435 426 422 439 393
Accrued Expenses		 305 387 346 328 294 405 461 268 297 308
Total Noncurrent Liabilities		 3,015 2,905 2,922 2,767 2,806 2,075 2,773 2,799 3,022 2,966
Long-Term Debt		 2,503 2,178 2,179 2,071 2,069 1,421 2,060 2,061 2,020 1,971
Noncurrent Deferred & Payable Income Tax Liabilities		 210 333 305 293 280 276 289 268 307 308
Other Noncurrent Operating Liabilities		 211 329 370 338 391 315 360 469 695 687
Total Equity & Noncontrolling Interests		 1,736 2,369 2,354 2,296 2,338 2,334 2,380 2,314 2,374 2,388
Total Preferred & Common Equity		 1,720 0.00 2,335 2,277 2,321 2,318 2,363 2,298 2,358 2,373
Total Common Equity		 1,720 0.00 2,335 2,277 2,321 2,318 2,363 2,298 2,358 2,373
Common Stock		 1,720 - 2,335 2,277 2,321 2,318 2,363 2,298 2,358 2,373
Noncontrolling Interest		 16 2,369 19 19 17 17 17 16 16 16

Annual Metrics And Ratios for Avient

This table displays calculated financial ratios and metrics derived from Avient's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -23.64% 0.33% -11.85% 11.22% -0.64% -22.63% 49.69% 2.46% -7.48% 3.11% 0.61%
EBITDA Growth		 47.22% 4.62% -30.17% -5.99% 0.87% 1.83% 63.19% -10.56% 2.70% 30.33% -22.33%
EBIT Growth		 68.92% 12.70% -39.66% -4.22% 1.93% -19.72% 105.53% -34.12% 10.35% 63.08% -36.35%
NOPAT Growth		 62.31% -10.69% -12.47% -10.78% -29.24% 22.55% 56.70% 52.09% -45.72% 45.38% -39.09%
Net Income Growth		 84.57% 14.03% -134.91% 376.91% 269.15% -77.34% 72.86% 205.03% -89.17% 124.02% -51.03%
EPS Growth		 91.76% 19.63% -135.90% 384.29% 280.90% -80.87% 73.10% 203.98% -89.12% 121.69% -51.63%
Operating Cash Flow Growth		 15.31% -5.29% -11.07% 25.35% 18.57% -26.33% 5.51% 70.40% -49.40% 27.38% 17.45%
Free Cash Flow Firm Growth		 4.56% 77.04% -121.05% 425.77% 12.90% -612.60% 123.31% -333.39% 136.40% -4.25% 10.28%
Invested Capital Growth		 1.47% -9.70% 17.28% -5.16% -10.24% 107.07% -3.90% 37.95% -2.63% -0.33% -1.38%
Revenue Q/Q Growth		 -15.62% 9.69% -14.11% 6.45% 12.72% -23.72% 4.09% 25.51% -2.22% 0.86% 0.43%
EBITDA Q/Q Growth		 23.53% 1.95% -30.90% 4.91% 39.20% -1.29% -0.84% 6.69% 22.12% 9.09% -9.13%
EBIT Q/Q Growth		 26.57% 8.93% -40.30% 9.30% 75.39% -19.33% -1.97% -10.31% 59.28% 14.33% -16.48%
NOPAT Q/Q Growth		 15.71% 0.40% -14.99% -14.61% 26.65% 41.46% -18.04% 123.15% 59.45% 5.99% -20.04%
Net Income Q/Q Growth		 14.21% 22.86% 7.10% -14.43% 337.12% -74.54% -16.60% 275.35% -87.14% 13.35% -27.24%
EPS Q/Q Growth		 0.00% 21.88% 7.89% -13.10% 333.14% -78.16% -15.49% 270.39% -87.09% 13.58% -28.23%
Operating Cash Flow Q/Q Growth		 17.11% -6.80% -1.89% -3.20% 6.89% 29.67% -11.07% 14.58% -9.03% -11.05% 17.63%
Free Cash Flow Firm Q/Q Growth		 23.00% 6,790.71% -123.05% 145.95% 36.43% -19.72% 420.44% 13.32% -2.86% 13.99% -5.72%
Invested Capital Q/Q Growth		 -2.55% -21.30% -1.33% -10.77% -14.48% 0.93% -9.02% -5.36% -3.76% -4.22% -2.96%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 22.24% 23.02% 23.02% 21.69% 22.96% 29.80% 28.47% 25.99% 28.40% 32.61% 31.15%
EBITDA Margin		 12.64% 13.18% 10.44% 8.82% 8.96% 11.79% 12.85% 11.22% 12.45% 15.74% 12.15%
Operating Margin		 8.80% 9.11% 6.68% 6.20% 5.48% 5.04% 8.44% 7.16% 6.26% 10.16% 6.24%
EBIT Margin		 8.69% 9.76% 6.68% 5.75% 5.90% 6.12% 8.41% 5.40% 6.45% 10.20% 6.45%
Profit (Net Income) Margin		 4.94% 5.61% -2.22% 5.54% 20.57% 6.02% 6.96% 20.71% 2.42% 5.27% 2.56%
Tax Burden Percent		 83.16% 72.82% -51.47% 156.68% 538.21% 218.33% 113.32% 1,102.51% 87.29% 75.93% 74.84%
Interest Burden Percent		 68.40% 79.04% 64.68% 61.44% 64.77% 45.06% 73.02% 34.75% 43.09% 68.04% 53.11%
Effective Tax Rate		 14.66% 26.65% 0.71% 14.15% 30.80% -19.15% 25.50% -30.25% 12.60% 24.07% 25.16%
Return on Invested Capital (ROIC)		 14.09% 13.13% 11.14% 9.45% 7.24% 6.11% 7.24% 9.44% 4.48% 6.61% 3.98%
ROIC Less NNEP Spread (ROIC-NNEP)		 4.92% 9.11% -14.94% 10.04% 75.72% 6.16% 9.21% 39.55% -1.93% 1.13% -0.70%
Return on Net Nonoperating Assets (RNNOA)		 5.44% 9.94% -19.84% 18.53% 66.67% 3.54% 5.93% 24.51% -1.23% 0.70% -0.44%
Return on Equity (ROE)		 19.52% 23.07% -8.70% 27.98% 73.91% 9.65% 13.17% 33.95% 3.25% 7.31% 3.55%
Cash Return on Invested Capital (CROIC)		 12.63% 23.32% -4.76% 14.75% 18.03% -63.63% 11.22% -22.45% 7.14% 6.94% 5.37%
Operating Return on Assets (OROA)		 9.67% 10.76% 6.36% 6.10% 5.63% 3.33% 5.65% 3.31% 3.36% 5.61% 3.55%
Return on Assets (ROA)		 5.50% 6.19% -2.12% 5.88% 19.64% 3.28% 4.67% 12.69% 1.26% 2.90% 1.41%
Return on Common Equity (ROCE)		 19.50% 23.04% -8.68% 27.95% 73.84% 9.60% 13.05% 33.67% 3.22% 7.26% 3.52%
Return on Equity Simple (ROE_SIMPLE)		 20.55% 22.77% -9.62% 29.54% 55.97% 7.86% 12.99% 30.13% 3.29% 7.38% 0.00%
Net Operating Profit after Tax (NOPAT)		 220 196 172 153 108 133 208 317 172 250 152
NOPAT Margin		 7.51% 6.68% 6.63% 5.32% 3.79% 6.00% 6.28% 9.33% 5.47% 7.72% 4.67%
Net Nonoperating Expense Percent (NNEP)		 9.17% 4.02% 26.08% -0.59% -68.47% -0.05% -1.97% -30.10% 6.41% 5.48% 4.68%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - 6.99% 3.86% 5.61% 3.53%
Cost of Revenue to Revenue		 77.76% 76.98% 76.98% 78.31% 77.04% 70.20% 71.53% 74.01% 71.60% 67.39% 68.85%
SG&A Expenses to Revenue		 13.45% 13.91% 16.34% 15.49% 17.48% 24.76% 20.03% 18.82% 22.14% 22.45% 24.91%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 13.45% 13.91% 16.34% 15.49% 17.48% 24.76% 20.03% 18.82% 22.14% 22.45% 24.91%
Earnings before Interest and Taxes (EBIT)		 254 287 173 166 169 136 279 184 203 330 210
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 370 387 270 254 256 261 426 381 391 510 396
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 3.24 3.13 5.04 3.69 2.41 2.01 2.71 1.25 1.60 1.61 1.20
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 0.78 0.77 1.16 0.69 0.89 1.54 1.45 0.86 1.18 1.15 0.88
Price to Earnings (P/E)		 15.76 13.72 0.00 12.48 4.31 25.87 20.85 4.16 48.90 22.02 34.93
Dividend Yield		 1.59% 1.83% 1.56% 2.88% 2.39% 2.20% 1.66% 2.99% 2.46% 2.55% 3.47%
Earnings Yield		 6.34% 7.29% 0.00% 8.01% 23.22% 3.87% 4.80% 24.06% 2.05% 4.54% 2.86%
Enterprise Value to Invested Capital (EV/IC)		 2.00 2.32 2.45 2.01 2.05 1.58 2.16 1.15 1.40 1.41 1.13
Enterprise Value to Revenue (EV/Rev)		 1.07 1.12 1.58 1.10 1.01 2.10 1.84 1.32 1.69 1.65 1.31
Enterprise Value to EBITDA (EV/EBITDA)		 8.50 8.52 15.09 12.51 11.31 17.78 14.28 11.75 13.54 10.46 10.82
Enterprise Value to EBIT (EV/EBIT)		 12.37 11.51 23.58 19.19 17.17 34.24 21.84 24.39 26.15 16.15 20.38
Enterprise Value to NOPAT (EV/NOPAT)		 14.32 16.81 23.74 20.74 26.73 34.91 29.21 14.13 30.80 21.34 28.14
Enterprise Value to Operating Cash Flow (EV/OCF)		 13.10 14.50 20.16 12.53 9.64 20.95 26.03 11.24 26.28 20.77 14.21
Enterprise Value to Free Cash Flow (EV/FCFF)		 15.97 9.46 0.00 13.29 10.74 0.00 18.86 0.00 19.32 20.32 20.85
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.63 1.73 2.18 2.51 1.17 1.09 1.04 0.93 0.91 0.91 0.81
Long-Term Debt to Equity		 1.60 1.71 2.13 2.47 1.15 1.08 1.03 0.93 0.90 0.91 0.81
Financial Leverage		 1.11 1.09 1.33 1.85 0.88 0.57 0.64 0.62 0.64 0.62 0.62
Leverage Ratio		 3.55 3.73 4.11 4.76 3.76 2.95 2.82 2.67 2.57 2.52 2.51
Compound Leverage Factor		 2.43 2.95 2.66 2.93 2.44 1.33 2.06 0.93 1.11 1.72 1.33
Debt to Total Capital		 61.92% 63.42% 68.59% 71.49% 53.87% 52.24% 50.94% 48.08% 47.59% 47.77% 44.63%
Short-Term Debt to Total Capital		 1.00% 0.93% 1.71% 1.02% 0.81% 0.52% 0.24% 0.05% 0.21% 0.17% 0.01%
Long-Term Debt to Total Capital		 60.91% 62.49% 66.88% 70.47% 53.06% 51.73% 50.70% 48.03% 47.38% 47.60% 44.61%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.05% 0.04% 0.05% 0.03% 0.04% 0.41% 0.43% 0.40% 0.42% 0.35% 0.28%
Common Equity to Total Capital		 38.03% 36.54% 31.36% 28.48% 46.10% 47.35% 48.63% 51.51% 51.99% 51.88% 55.09%
Debt to EBITDA		 3.10 3.25 4.84 5.33 4.79 7.17 4.36 5.72 5.42 4.18 4.85
Net Debt to EBITDA		 2.34 2.67 3.94 4.66 1.42 4.68 2.95 4.04 4.03 3.11 3.57
Long-Term Debt to EBITDA		 3.05 3.20 4.72 5.26 4.72 7.10 4.34 5.71 5.40 4.16 4.85
Debt to NOPAT		 5.22 6.41 7.62 8.84 11.33 14.08 8.92 6.88 12.34 8.52 12.63
Net Debt to NOPAT		 3.94 5.26 6.20 7.73 3.36 9.20 6.04 4.85 9.17 6.34 9.27
Long-Term Debt to NOPAT		 5.13 6.31 7.43 8.71 11.16 13.94 8.88 6.87 12.29 8.49 12.62
Altman Z-Score		 2.59 2.54 2.45 2.24 2.46 1.69 2.30 1.69 1.78 1.95 1.67
Noncontrolling Interest Sharing Ratio		 0.13% 0.13% 0.13% 0.13% 0.09% 0.56% 0.87% 0.82% 0.79% 0.74% 0.59%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.93 1.86 1.87 1.79 2.15 2.00 1.94 1.81 1.82 1.88 1.66
Quick Ratio		 1.26 1.08 1.11 0.93 1.70 1.46 1.11 1.24 1.22 1.25 1.12
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 197 349 -73 239 270 -1,385 323 -753 274 263 206
Operating Cash Flow to CapEx		 263.49% 270.31% 303.90% 353.84% 368.18% 347.88% 232.41% 377.63% 168.84% 210.66% 282.93%
Free Cash Flow to Firm to Interest Expense		 2.45 5.80 -1.20 3.74 4.54 -18.58 4.29 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 2.99 3.79 3.31 3.97 5.06 2.97 3.11 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 1.85 2.39 2.22 2.85 3.68 2.12 1.77 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.11 1.10 0.95 1.06 0.95 0.54 0.67 0.61 0.52 0.55 0.55
Accounts Receivable Turnover		 7.88 8.74 7.22 7.79 8.45 5.23 6.93 7.72 7.48 8.11 7.81
Inventory Turnover		 7.64 8.18 6.71 7.37 8.09 5.29 7.49 7.41 6.25 6.29 6.29
Fixed Asset Turnover		 4.96 5.82 5.83 6.81 7.23 4.02 4.85 3.95 3.02 3.27 3.35
Accounts Payable Turnover		 6.35 6.73 5.62 6.50 7.44 4.10 5.26 5.69 5.08 5.14 5.43
Days Sales Outstanding (DSO)		 46.35 41.77 50.59 46.85 43.17 69.76 52.65 47.31 48.81 45.02 46.71
Days Inventory Outstanding (DIO)		 47.76 44.64 54.39 49.54 45.14 69.06 48.73 49.25 58.37 57.98 58.05
Days Payable Outstanding (DPO)		 57.50 54.25 64.97 56.13 49.04 89.13 69.35 64.16 71.91 71.01 67.27
Cash Conversion Cycle (CCC)		 36.61 32.16 40.01 40.26 39.27 49.69 32.04 32.40 35.26 31.99 37.49
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,572 1,420 1,665 1,579 1,417 2,935 2,820 3,891 3,788 3,776 3,799
Invested Capital Turnover		 1.88 1.96 1.68 1.78 1.91 1.02 1.15 1.01 0.82 0.86 0.85
Increase / (Decrease) in Invested Capital		 23 -153 245 -86 -162 1,518 -114 1,070 -102 -13 -53
Enterprise Value (EV)		 3,147 3,300 4,080 3,180 2,900 4,642 6,086 4,478 5,298 5,335 4,285
Market Capitalization		 2,279 2,267 3,014 1,994 2,535 3,405 4,812 2,922 3,702 3,733 2,860
Book Value per Share		 $8.16 $8.65 $7.41 $6.77 $13.68 $18.55 $19.40 $25.67 $25.44 $25.33 $25.93
Tangible Book Value per Share		 ($2.76) ($1.80) ($5.10) ($6.53) ($1.34) ($6.77) ($4.76) ($10.28) ($10.87) ($8.72) ($9.56)
Total Capital		 1,852 1,983 1,908 1,896 2,282 3,584 3,649 4,532 4,461 4,460 4,309
Total Debt		 1,147 1,258 1,309 1,356 1,229 1,873 1,859 2,179 2,123 2,131 1,923
Total Long-Term Debt		 1,128 1,239 1,276 1,336 1,211 1,854 1,850 2,177 2,114 2,123 1,923
Net Debt		 867 1,032 1,065 1,185 365 1,223 1,258 1,538 1,577 1,586 1,413
Capital Expenditures (CapEx)		 91 84 67 72 82 64 101 106 119 122 107
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 202 233 285 290 -36 170 294 61 98 129 45
Debt-free Net Working Capital (DFNWC)		 481 458 529 461 829 820 895 703 644 674 555
Net Working Capital (NWC)		 463 440 496 441 811 801 886 700 634 666 555
Net Nonoperating Expense (NNE)		 75 31 229 -6.16 -480 -0.43 -22 -386 96 79 69
Net Nonoperating Obligations (NNO)		 867 694 1,065 1,038 365 1,223 1,030 1,538 1,450 1,446 1,413
Total Depreciation and Amortization (D&A)		 116 101 97 89 88 126 147 198 189 180 186
Debt-free, Cash-free Net Working Capital to Revenue		 6.88% 7.92% 11.00% 10.06% -1.24% 7.68% 8.86% 1.81% 3.11% 3.99% 1.37%
Debt-free Net Working Capital to Revenue		 16.43% 15.59% 20.41% 15.99% 28.97% 37.01% 26.99% 20.68% 20.48% 20.79% 17.03%
Net Working Capital to Revenue		 15.80% 14.96% 19.15% 15.31% 28.32% 36.17% 26.74% 20.62% 20.17% 20.55% 17.01%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.65 $1.97 ($0.71) $2.01 $7.62 $1.46 $2.53 $7.71 $0.83 $1.86 $0.90
Adjusted Weighted Average Basic Shares Outstanding		 87.80M 83.90M 81.50M 79.70M 77.20M 90.10M 91.40M 91.20M 91.10M 91.30M 91.50M
Adjusted Diluted Earnings per Share		 $1.63 $1.95 ($0.70) $1.99 $7.58 $1.45 $2.51 $7.63 $0.83 $1.84 $0.89
Adjusted Weighted Average Diluted Shares Outstanding		 88.70M 84.60M 82.70M 80.40M 77.70M 90.60M 92.10M 92.20M 91.80M 92M 91.80M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 85.31M 82.17M 80.89M 77.72M 92.28M 91.29M 91.60M 90.97M 91.18M 91.44M 91.62M
Normalized Net Operating Profit after Tax (NOPAT)		 220 196 172 153 108 78 208 170 172 250 152
Normalized NOPAT Margin		 7.51% 6.68% 6.63% 5.32% 3.79% 3.53% 6.28% 5.01% 5.47% 7.72% 4.67%
Pre Tax Income Margin		 5.94% 7.71% 4.32% 3.53% 3.82% 2.76% 6.14% 1.88% 2.78% 6.94% 3.43%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 3.16 4.77 2.83 2.59 2.84 1.82 3.71 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 2.73 3.27 2.81 2.40 1.82 1.78 2.77 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 2.03 3.37 1.74 1.47 1.47 0.97 2.37 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 1.60 1.87 1.72 1.28 0.45 0.93 1.43 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 24.67% 24.36% -76.56% 35.17% 10.24% 53.45% 33.69% 12.34% 118.37% 55.07% 118.18%
Augmented Payout Ratio		 132.55% 76.61% -199.31% 112.29% 14.81% 70.24% 35.52% 17.51% 118.37% 55.07% 118.18%

Quarterly Metrics And Ratios for Avient

This table displays calculated financial ratios and metrics derived from Avient's official financial filings.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -7.47% -8.45% -9.03% -1.97% 3.07% 8.16% 3.82% -0.29% 1.98% -1.07% 1.89%
EBITDA Growth		 -20.62% 69.15% 340.87% 26.87% 6.20% 49.33% 46.35% -66.81% 22.06% -6.56% -29.66%
EBIT Growth		 -38.94% 325.30% 269.29% 61.07% 15.30% 117.85% 87.34% -99.68% 33.52% -12.74% -46.73%
NOPAT Growth		 -42.21% 23.10% 20,523.44% 67.51% 28.17% 70.79% 13.58% -99.30% 33.16% -14.14% -57.61%
Net Income Growth		 -73.67% 147.66% -94.79% 143.63% 51.57% 658.82% 70.77% -140.04% 58.28% -15.25% -64.54%
EPS Growth		 -73.91% 154.55% -94.75% 145.45% 50.00% 583.33% 70.97% -140.74% 58.33% -12.20% -66.04%
Operating Cash Flow Growth		 -102.85% -38.74% -11.46% -92.79% 4,336.00% -0.97% -20.65% -19.39% 6.52% 1.41% 36.87%
Free Cash Flow Firm Growth		 -1,299.65% 121.31% 114.95% 107.95% 114.85% -74.14% -51.18% -28.42% -44.88% 45.52% 4,194.62%
Invested Capital Growth		 31.90% -4.24% -2.63% 0.17% -2.07% 0.14% -0.33% -1.13% -0.08% -0.70% -1.38%
Revenue Q/Q Growth		 -2.52% -8.58% -4.60% 15.30% 2.50% -4.06% -8.43% 10.73% 4.83% -6.92% -5.69%
EBITDA Q/Q Growth		 1.29% -25.52% 12.24% 49.84% -15.21% 4.72% 10.00% -66.02% 211.84% -19.83% -17.19%
EBIT Q/Q Growth		 7.44% -43.16% 34.28% 96.41% -23.09% 7.40% 15.47% -99.66% 31,766.67% -29.81% -29.51%
NOPAT Q/Q Growth		 1.30% -17.65% 65.05% 21.66% -22.49% 9.73% 9.76% -99.25% 14,699.08% -29.25% -45.81%
Net Income Q/Q Growth		 9.31% -77.13% 456.86% 75.00% -31.99% 14.50% 25.32% -141.03% 368.84% -38.69% -47.56%
EPS Q/Q Growth		 9.09% -75.00% 416.67% 74.19% -33.33% 13.89% 29.27% -141.51% 359.09% -36.84% -50.00%
Operating Cash Flow Q/Q Growth		 88.74% 2,972.00% 115.18% -127.70% 347.43% -32.86% 72.43% -141.68% 320.74% -36.08% 132.73%
Free Cash Flow Firm Q/Q Growth		 -15.88% 122.60% -23.61% -16.54% 116.44% -60.63% 44.20% -41.74% 66.66% 3.94% 2.79%
Invested Capital Q/Q Growth		 1.02% -1.74% -3.76% 2.59% -1.24% 0.48% -4.22% 4.01% -0.19% -0.14% -2.96%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 29.20% 25.91% 29.05% 33.56% 30.32% 32.07% 34.76% 31.84% 32.07% 30.37% 30.19%
EBITDA Margin		 13.31% 10.84% 12.75% 16.57% 13.71% 14.97% 17.98% 5.52% 16.41% 14.14% 12.41%
Operating Margin		 7.56% 4.55% 5.99% 11.34% 8.53% 9.47% 11.47% 0.08% 11.09% 8.32% 5.21%
EBIT Margin		 7.53% 4.68% 6.59% 11.23% 8.43% 9.43% 11.90% 0.04% 11.03% 8.32% 6.22%
Profit (Net Income) Margin		 2.71% 0.68% 3.95% 6.00% 3.98% 4.75% 6.50% -2.41% 6.17% 4.07% 2.26%
Tax Burden Percent		 68.20% 102.00% 137.86% 74.74% 75.11% 77.40% 76.62% 74.81% 75.46% 76.46% 70.20%
Interest Burden Percent		 52.66% 14.16% 43.46% 71.43% 62.85% 65.02% 71.28% -8,866.67% 74.16% 63.93% 51.80%
Effective Tax Rate		 31.80% -2.00% -33.98% 25.26% 24.89% 22.60% 23.38% 0.00% 24.54% 23.54% 29.80%
Return on Invested Capital (ROIC)		 4.81% 3.71% 6.57% 6.67% 5.09% 5.98% 7.53% 0.05% 6.95% 5.26% 3.12%
ROIC Less NNEP Spread (ROIC-NNEP)		 3.40% 2.22% 4.61% 5.40% 3.82% 4.66% 6.35% -1.21% 5.73% 4.06% 2.39%
Return on Net Nonoperating Assets (RNNOA)		 2.33% 2.21% 2.94% 3.71% 2.64% 3.19% 3.94% -0.84% 3.82% 2.63% 1.49%
Return on Equity (ROE)		 7.13% 5.92% 9.51% 10.38% 7.74% 9.17% 11.47% -0.79% 10.76% 7.88% 4.60%
Cash Return on Invested Capital (CROIC)		 -24.32% 7.02% 7.14% 4.77% 7.31% 5.85% 6.94% 5.73% 5.16% 5.55% 5.37%
Operating Return on Assets (OROA)		 4.46% 2.49% 3.44% 5.86% 4.44% 5.12% 6.54% 0.02% 5.96% 4.46% 3.43%
Return on Assets (ROA)		 1.60% 0.36% 2.06% 3.13% 2.10% 2.58% 3.57% -1.33% 3.34% 2.18% 1.25%
Return on Common Equity (ROCE)		 7.07% 5.87% 9.44% 5.12% 7.68% 9.10% 11.38% -0.79% 10.69% 7.83% 4.58%
Return on Equity Simple (ROE_SIMPLE)		 24.71% 26.03% 0.00% 4.54% 5.05% 6.37% 0.00% 4.40% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 42 35 58 70 54 60 66 0.49 73 51 28
NOPAT Margin		 5.15% 4.64% 8.03% 8.47% 6.41% 7.33% 8.79% 0.06% 8.37% 6.36% 3.66%
Net Nonoperating Expense Percent (NNEP)		 1.41% 1.49% 1.96% 1.27% 1.27% 1.31% 1.18% 1.26% 1.21% 1.20% 0.72%
Return On Investment Capital (ROIC_SIMPLE)		 - - 1.29% - - - 1.47% 0.01% 1.65% 1.18% 0.65%
Cost of Revenue to Revenue		 70.80% 74.09% 70.95% 66.44% 69.68% 67.93% 65.24% 68.16% 67.93% 69.63% 69.81%
SG&A Expenses to Revenue		 21.64% 21.36% 23.06% 22.22% 21.78% 22.60% 23.30% 31.76% 20.98% 22.05% 24.98%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 21.64% 21.36% 23.06% 22.22% 21.78% 22.60% 23.30% 31.76% 20.98% 22.05% 24.98%
Earnings before Interest and Taxes (EBIT)		 62 35 47 93 72 77 89 0.30 96 67 47
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 110 82 92 137 117 122 134 46 142 114 94
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.55 1.38 1.60 1.69 1.72 1.94 1.61 1.48 1.25 1.27 1.20
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 1.11 0.98 1.18 1.26 1.26 1.43 1.15 1.05 0.91 0.93 0.88
Price to Earnings (P/E)		 6.30 5.31 48.90 37.39 34.13 30.67 22.02 34.01 24.87 26.62 34.93
Dividend Yield		 2.46% 2.87% 2.46% 2.34% 2.34% 2.05% 2.55% 2.84% 3.30% 3.28% 3.47%
Earnings Yield		 15.87% 18.85% 2.05% 2.67% 2.93% 3.26% 4.54% 2.94% 4.02% 3.76% 2.86%
Enterprise Value to Invested Capital (EV/IC)		 1.32 1.22 1.40 1.41 1.42 1.57 1.41 1.28 1.15 1.16 1.13
Enterprise Value to Revenue (EV/Rev)		 1.61 1.49 1.69 1.79 1.77 1.92 1.65 1.55 1.39 1.40 1.31
Enterprise Value to EBITDA (EV/EBITDA)		 18.47 14.97 13.54 13.28 13.08 13.20 10.46 12.02 10.18 10.46 10.82
Enterprise Value to EBIT (EV/EBIT)		 52.91 37.72 26.15 23.47 22.59 21.36 16.15 21.16 17.27 18.10 20.38
Enterprise Value to NOPAT (EV/NOPAT)		 47.22 44.48 30.80 28.48 27.04 26.17 21.34 27.75 22.71 23.93 28.14
Enterprise Value to Operating Cash Flow (EV/OCF)		 19.86 21.65 26.28 30.85 19.31 21.39 20.77 20.23 17.69 17.78 14.21
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 17.00 19.32 29.49 19.28 26.81 20.32 22.23 22.34 20.91 20.85
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.93 0.91 0.91 0.89 0.89 0.87 0.91 0.89 0.85 0.83 0.81
Long-Term Debt to Equity		 0.93 0.90 0.90 0.89 0.61 0.87 0.91 0.89 0.85 0.83 0.81
Financial Leverage		 0.69 1.00 0.64 0.69 0.69 0.68 0.62 0.70 0.67 0.65 0.62
Leverage Ratio		 2.65 3.00 2.57 2.55 2.55 2.53 2.52 2.51 2.56 2.54 2.51
Compound Leverage Factor		 1.40 0.43 1.12 1.82 1.60 1.65 1.80 -222.75 1.90 1.62 1.30
Debt to Total Capital		 48.10% 47.54% 47.59% 47.07% 47.10% 46.49% 47.77% 47.20% 45.98% 45.22% 44.63%
Short-Term Debt to Total Capital		 0.05% 0.22% 0.21% 0.22% 14.90% 0.18% 0.17% 0.18% 0.01% 0.01% 0.01%
Long-Term Debt to Total Capital		 48.05% 47.32% 47.38% 46.85% 32.20% 46.31% 47.60% 47.02% 45.97% 45.21% 44.61%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.42% 0.43% 0.42% 0.37% 0.38% 0.39% 0.35% 0.37% 0.36% 0.36% 0.28%
Common Equity to Total Capital		 51.48% 52.03% 51.99% 52.56% 52.52% 53.13% 51.88% 52.43% 53.66% 54.41% 55.09%
Debt to EBITDA		 7.60 6.49 5.42 4.94 4.86 4.42 4.18 4.95 4.55 4.52 4.85
Net Debt to EBITDA		 5.76 5.12 4.03 3.89 3.72 3.34 3.11 3.86 3.48 3.50 3.57
Long-Term Debt to EBITDA		 7.59 6.46 5.40 4.92 3.33 4.41 4.16 4.93 4.55 4.52 4.85
Debt to NOPAT		 19.43 19.29 12.34 10.60 10.05 8.76 8.52 11.42 10.15 10.35 12.63
Net Debt to NOPAT		 14.72 15.21 9.17 8.34 7.69 6.62 6.34 8.90 7.77 8.01 9.27
Long-Term Debt to NOPAT		 19.41 19.20 12.29 10.55 6.87 8.73 8.49 11.38 10.15 10.35 12.62
Altman Z-Score		 1.31 1.25 1.70 1.39 1.23 1.44 1.82 1.29 1.20 1.21 1.58
Noncontrolling Interest Sharing Ratio		 0.84% 0.86% 0.79% 50.68% 0.76% 0.77% 0.74% 0.70% 0.69% 0.69% 0.59%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.95 1.88 1.82 1.90 0.97 1.63 1.88 2.05 2.03 2.03 1.66
Quick Ratio		 1.33 1.21 1.22 1.26 0.65 1.09 1.25 1.35 1.35 1.33 1.12
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -926 209 160 64 138 54 78 45 76 79 81
Operating Cash Flow to CapEx		 -9.77% 246.74% 347.97% -175.41% 337.26% 284.40% 298.30% -408.80% 417.78% 291.90% 395.75%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 2.39 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 -1.61 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 -2.53 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.59 0.53 0.52 0.52 0.53 0.54 0.55 0.55 0.54 0.54 0.55
Accounts Receivable Turnover		 5.22 6.83 7.48 6.51 6.35 7.12 8.11 6.71 6.45 6.84 7.81
Inventory Turnover		 5.69 5.96 6.25 6.07 6.10 6.07 6.29 6.04 5.82 5.72 6.29
Fixed Asset Turnover		 3.99 3.31 3.02 3.02 3.11 3.29 3.27 3.28 3.25 3.32 3.35
Accounts Payable Turnover		 4.57 5.63 5.08 5.03 5.12 5.41 5.14 5.16 5.01 5.38 5.43
Days Sales Outstanding (DSO)		 69.97 53.46 48.81 56.03 57.51 51.24 45.02 54.38 56.63 53.39 46.71
Days Inventory Outstanding (DIO)		 64.11 61.21 58.37 60.13 59.82 60.16 57.98 60.39 62.70 63.85 58.05
Days Payable Outstanding (DPO)		 79.87 64.86 71.91 72.60 71.30 67.43 71.01 70.67 72.79 67.89 67.27
Cash Conversion Cycle (CCC)		 54.21 49.81 35.26 43.56 46.03 43.96 31.99 44.10 46.54 49.35 37.49
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 4,006 3,937 3,788 3,973 3,923 3,942 3,776 3,928 3,920 3,915 3,799
Invested Capital Turnover		 0.93 0.80 0.82 0.79 0.79 0.82 0.86 0.82 0.83 0.83 0.85
Increase / (Decrease) in Invested Capital		 969 -174 -102 6.70 -83 5.60 -13 -45 -3.30 -28 -53
Enterprise Value (EV)		 5,302 4,798 5,298 5,584 5,589 6,174 5,335 5,027 4,519 4,558 4,285
Market Capitalization		 3,630 3,139 3,702 3,933 3,983 4,595 3,733 3,398 2,957 3,016 2,860
Book Value per Share		 $25.64 $25.00 $25.44 $25.45 $25.40 $25.88 $25.33 $25.13 $25.76 $25.92 $25.93
Tangible Book Value per Share		 ($10.82) ($10.62) ($10.87) ($10.15) ($9.68) ($9.82) ($8.72) ($9.30) ($10.11) ($9.74) ($9.56)
Total Capital		 4,535 4,376 4,461 4,417 4,413 4,448 4,460 4,384 4,395 4,360 4,309
Total Debt		 2,181 2,080 2,123 2,079 2,079 2,068 2,131 2,069 2,021 1,972 1,923
Total Long-Term Debt		 2,179 2,071 2,114 2,069 1,421 2,060 2,123 2,061 2,020 1,971 1,923
Net Debt		 1,653 1,641 1,577 1,635 1,589 1,562 1,586 1,613 1,546 1,526 1,413
Capital Expenditures (CapEx)		 26 29 44 24 31 25 41 13 27 25 42
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 208 207 98 224 129 65 129 284 283 277 45
Debt-free Net Working Capital (DFNWC)		 736 647 644 668 619 571 674 740 758 723 555
Net Working Capital (NWC)		 734 637 634 659 -39 563 666 732 757 722 555
Net Nonoperating Expense (NNE)		 20 30 29 21 21 21 17 20 19 19 11
Net Nonoperating Obligations (NNO)		 1,653 1,641 1,450 1,635 1,589 1,562 1,446 1,613 1,546 1,526 1,413
Total Depreciation and Amortization (D&A)		 48 46 44 44 45 45 45 45 47 47 47
Debt-free, Cash-free Net Working Capital to Revenue		 6.33% 6.44% 3.11% 7.16% 4.10% 2.02% 3.99% 8.77% 8.70% 8.54% 1.37%
Debt-free Net Working Capital to Revenue		 22.43% 20.12% 20.48% 21.37% 19.63% 17.76% 20.79% 22.85% 23.28% 22.27% 17.03%
Net Working Capital to Revenue		 22.36% 19.82% 20.17% 21.07% -1.24% 17.52% 20.55% 22.61% 23.26% 22.25% 17.01%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.24 $0.06 $0.31 $0.54 $0.37 $0.42 $0.53 ($0.22) $0.57 $0.36 $0.19
Adjusted Weighted Average Basic Shares Outstanding		 91.10M 91.10M 91.10M 91.20M 91.30M 91.30M 91.30M 91.50M 91.50M 91.60M 91.50M
Adjusted Diluted Earnings per Share		 $0.24 $0.06 $0.31 $0.54 $0.36 $0.41 $0.53 ($0.22) $0.57 $0.36 $0.18
Adjusted Weighted Average Diluted Shares Outstanding		 92.40M 91.90M 91.80M 92M 92.20M 92.30M 92M 91.50M 91.80M 91.80M 91.80M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 91.08M 91.16M 91.18M 91.26M 91.31M 91.36M 91.44M 91.53M 91.54M 91.56M 91.62M
Normalized Net Operating Profit after Tax (NOPAT)		 42 24 30 70 54 60 66 0.49 73 51 28
Normalized NOPAT Margin		 5.15% 3.19% 4.20% 8.47% 6.41% 7.33% 8.79% 0.06% 8.37% 6.36% 3.66%
Pre Tax Income Margin		 3.97% 0.66% 2.87% 8.02% 5.30% 6.13% 8.48% -3.22% 8.18% 5.32% 3.22%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 3.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 2.64 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 2.58 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 1.72 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 15.31% 15.05% 118.37% 86.45% 78.80% 61.82% 55.07% 94.16% 79.80% 84.94% 118.18%
Augmented Payout Ratio		 15.31% 15.05% 118.37% 86.45% 78.80% 61.82% 55.07% 94.16% 79.80% 84.94% 118.18%

Financials Breakdown Chart

Key Financial Trends

Here’s a concise, investor-focused look at Avient (AVNT) using the latest quarterly data from 2022 through 2025. The highlights below focus on revenue, profitability, cash flow, and leverage trends over the last four years.

  • Operating cash flow from continuing activities has been positive in the recent years, with Q4 2025 net cash from continuing operating activities around $167.8 million, signaling solid cash generation as the business stabilizes.
  • Net income attributable to common shareholders has trended higher in late 2024–2025 quarters, with Q2 2025 at about $52.6 million, Q3 2025 at about $32.6 million, and Q4 2025 at about $16.9 million, indicating improving profitability.
  • Cash dividends per share remain steady at $0.27, providing a consistent shareholder payout component in recent periods.
  • Cash and cash equivalents have been substantial and relatively stable in the mid‑$400 million range, providing liquidity headroom across 2024–2025 quarters (roughly $445–$485 million at various points).
  • Capital expenditures (PPE) show ongoing, modest to moderate investment in fixed assets (examples include PPE purchases in the low tens of millions per quarter, with spikes like about $42 million in Q4 2025), indicating continued capacity and asset investment without over‑leveraging cash.
  • Revenue has shown a trough in 2023 and has since stabilized, with Q4 2025 revenue of about $760.6 million versus Q4 2022 at $790.4 million and Q4 2024 at $746.5 million, suggesting a sideways-to-moderately improving top line in 2024–2025.
  • Gross margins improved significantly from 2022 into 2024 (roughly the low 20s percent in 2022 up toward the mid‑30s by 2024), and remained near the low‑to‑mid 30% range in 2025, indicating historically favorable margin trend despite some compression in late 2025.
  • The balance sheet shows a solid equity base (~$2.38B of total equity as of Q3 2025) alongside total liabilities around $3.66B, reflecting a leveraged but manageable capital structure with substantial asset coverage.
  • Q1 2025 posted a negative net income to common (approximately -$20.2 million), highlighting quarterly earnings volatility despite improving trends later in 2025.
  • Financing outflows have been meaningful in several quarters (for example, net cash from financing activities around -$78.1 million in Q2 2025 and around -$75.4 million in Q4 2024), indicating ongoing debt repayments and shareholder payouts that reduce cash on hand.
05/06/26 08:53 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Avient's Financials

When does Avient's fiscal year end?

According to the most recent income statement we have on file, Avient's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

How has Avient's net income changed over the last 10 years?

Avient's net income appears to be on an upward trend, with a most recent value of $83.60 million in 2025, falling from $144.70 million in 2015. The previous period was $170.70 million in 2024. See Avient's forecast for analyst expectations on what’s next for the company.

What is Avient's operating income?
Avient's total operating income in 2025 was $203.50 million, based on the following breakdown:
  • Total Gross Profit: $1.02 billion
  • Total Operating Expenses: $812.10 million
How has Avient's revenue changed over the last 10 years?

Over the last 10 years, Avient's total revenue changed from $2.93 billion in 2015 to $3.26 billion in 2025, a change of 11.3%.

How much debt does Avient have?

Avient's total liabilities were at $3.64 billion at the end of 2025, a 4.5% increase from 2024, and a 92.6% increase since 2015.

How much cash does Avient have?

In the past 10 years, Avient's cash and equivalents has ranged from $170.90 million in 2018 to $864.70 million in 2019, and is currently $510.50 million as of their latest financial filing in 2025.

How has Avient's book value per share changed over the last 10 years?

Over the last 10 years, Avient's book value per share changed from 8.16 in 2015 to 25.93 in 2025, a change of 217.7%.


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Financial statements for NYSE:AVNT last updated on 2/22/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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