Avient (AVNT) Financials

$35.33 +1.02 (+2.97%)

Closing price 05/26/2026 03:58 PM Eastern

Extended Trading

$35.37 +0.04 (+0.12%)

As of 07:33 AM Eastern

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

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

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	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	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	5.10	29	49	34	38	48	-20	53	33	17	56
Consolidated Net Income / (Loss)	5.10	28	50	34	39	49	-20	54	33	17	56
Net Income / (Loss) Continuing Operations	5.10	28	50	34	39	49	-20	54	33	17	56
Total Pre-Tax Income	5.00	21	67	45	50	63	-27	71	43	25	72
Total Operating Income	34	43	94	73	77	86	0.70	96	67	40	96
Total Gross Profit	195	209	278	258	261	260	263	278	245	230	273
Total Revenue	754	719	829	850	815	747	827	867	807	761	847
Operating Revenue	754	719	829	850	815	747	827	867	807	761	847
Total Cost of Revenue	558	510	551	592	554	487	563	589	562	531	575
Operating Cost of Revenue	558	510	551	592	554	487	563	589	562	531	575
Total Operating Expenses	161	166	184	185	184	174	263	182	178	190	177
Selling, General & Admin Expense	161	166	184	185	184	174	263	182	178	190	177
Total Other Income / (Expense), net	-29	-23	-28	-28	-27	-22	-27	-25	-24	-15	-24
Interest & Investment Income	-30	-	-27	-27	-27	-	-27	-25	-24	-23	-22
Other Income / (Expense), net	1.00	4.30	-0.90	-0.90	-0.30	3.20	-0.40	-0.50	0.00	7.70	-1.50
Income Tax Expense	-0.10	-7.00	17	11	11	15	-6.70	17	10	7.30	17
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	-0.20	0.30	0.20	0.50	0.20	0.30	0.90	0.20	0.30	0.10
Basic Earnings per Share	$0.06	$0.31	$0.54	$0.37	$0.42	$0.53	($0.22)	$0.57	$0.36	$0.19	$0.61
Weighted Average Basic Shares Outstanding	91.10M	91.10M	91.20M	91.30M	91.30M	91.30M	91.50M	91.50M	91.60M	91.50M	91.70M
Diluted Earnings per Share	$0.06	$0.31	$0.54	$0.36	$0.41	$0.53	($0.22)	$0.57	$0.36	$0.18	$0.61
Weighted Average Diluted Shares Outstanding	91.90M	91.80M	93.10M	92.20M	92.30M	92M	91.50M	91.80M	91.80M	91.80M	91.90M
Weighted Average Basic & Diluted Shares Outstanding	91.16M	91.18M	91.26M	91.31M	91.36M	91.44M	91.53M	91.54M	91.56M	91.62M	91.71M
Cash Dividends to Common per Share	$0.25	$0.26	$0.26	$0.26	$0.26	$0.27	$0.27	$0.27	$0.27	$0.27	$0.28

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

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	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	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	3/31/2026
Net Change in Cash & Equivalents	-89	106	-102	45	16	39	-89	19	-29	65	-83
Net Cash From Operating Activities	72	155	-43	106	71	123	-51	113	72	168	-35
Net Cash From Continuing Operating Activities	72	155	-43	106	71	123	-51	113	72	168	-35
Net Income / (Loss) Continuing Operations	5.10	28	50	34	39	49	-20	54	33	17	56
Consolidated Net Income / (Loss)	5.10	28	50	34	39	49	-20	54	33	17	56
Depreciation Expense	46	44	44	45	45	45	45	47	47	47	48
Non-Cash Adjustments To Reconcile Net Income	2.10	3.50	3.30	5.70	3.50	-31	108	-38	41	-30	2.10
Changes in Operating Assets and Liabilities, net	18	78	-140	22	-16	60	-185	51	-49	134	-140
Net Cash From Investing Activities	-27	-29	-25	-30	-25	-41	-13	-27	-25	-33	-19
Net Cash From Continuing Investing Activities	-27	-29	-25	-30	-25	-41	-13	-27	-25	-33	-19
Purchase of Property, Plant & Equipment	-29	-44	-24	-31	-25	-41	-13	-27	-25	-42	-19
Net Cash From Financing Activities	-128	-26	-28	-27	-39	-27	-28	-78	-75	-75	-28
Net Cash From Continuing Financing Activities	-128	-26	-28	-27	-39	-27	-28	-78	-75	-75	-28
Repayment of Debt	-105	0.30	-4.60	-3.20	-666	2.80	-3.60	-53	-51	-47	-2.60
Payment of Dividends	-23	-23	-24	-24	-24	-24	-25	-25	-25	-25	-25
Effect of Exchange Rate Changes	-6.40	6.20	-6.10	-4.10	9.20	-16	3.40	11	-1.00	5.30	-1.60

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
Other Noncurrent Operating Assets	109	137	167	154	198	257	266	197	130	242	386
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	2,374
Noncontrolling Interest	1.00	0.80	0.90	0.60	0.80	15	16	18	19	16	12

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	Q1 2026
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	3/31/2026
Total Assets	6,307	6,111	6,052	5,790	5,876	5,908	6,047	5,811	6,133	6,056	5,945
Total Current Assets	1,988	1,564	1,511	1,364	1,391	1,459	1,457	1,430	1,494	1,424	1,424
Cash & Equivalents	544	583	529	440	444	489	506	456	475	446	428
Accounts Receivable	505	484	506	437	475	487	465	490	523	485	513
Inventories, net	442	372	359	350	354	366	378	373	388	392	386
Other Current Assets	130	125	117	138	117	117	109	112	109	102	97
Plant, Property, & Equipment, net	965	1,046	1,007	978	1,022	1,020	974	952	986	981	968
Total Noncurrent Assets	3,353	3,501	3,534	3,447	3,464	3,429	3,616	3,429	3,653	3,651	3,553
Goodwill	1,491	1,690	1,706	1,681	1,700	1,685	1,717	1,684	1,755	1,755	1,739
Intangible Assets	1,526	1,602	1,615	1,563	1,547	1,516	1,543	1,465	1,529	1,510	1,447
Other Noncurrent Operating Assets	281	210	213	203	217	228	224	281	369	387	366
Total Liabilities & Shareholders' Equity	6,307	6,111	6,052	5,790	5,876	5,908	6,047	5,811	6,133	6,056	5,945
Total Liabilities	4,571	3,743	3,698	3,494	3,538	3,574	3,667	3,497	3,759	3,667	3,527
Total Current Liabilities	1,556	837	777	727	732	1,498	895	698	737	702	803
Short-Term Debt	614	2.20	2.20	9.50	9.60	658	7.80	7.80	0.50	0.50	0.50
Accounts Payable	449	448	429	390	428	435	426	422	439	393	426
Accrued Expenses	305	387	346	328	294	405	461	268	297	308	377
Total Noncurrent Liabilities	3,015	2,905	2,922	2,767	2,806	2,075	2,773	2,799	3,022	2,966	2,724
Long-Term Debt	2,503	2,178	2,179	2,071	2,069	1,421	2,060	2,061	2,020	1,971	1,924
Noncurrent Deferred & Payable Income Tax Liabilities	210	333	305	293	280	276	289	268	307	308	281
Other Noncurrent Operating Liabilities	211	329	370	338	391	315	360	469	695	687	519
Total Equity & Noncontrolling Interests	1,736	2,369	2,354	2,296	2,338	2,334	2,380	2,314	2,374	2,388	2,418
Total Preferred & Common Equity	1,720	0.00	2,335	2,277	2,321	2,318	2,363	2,298	2,358	2,373	2,406
Total Common Equity	1,720	0.00	2,335	2,277	2,321	2,318	2,363	2,298	2,358	2,373	2,406
Common Stock	1,720	-	2,335	2,277	2,321	2,318	2,363	2,298	2,358	2,373	2,406
Noncontrolling Interest	16	2,369	19	19	17	17	17	16	16	16	12

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%

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

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	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	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	91,710,167.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	91,710,167.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.61
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-8.45%	-9.03%	-1.97%	3.07%	8.16%	3.82%	-0.29%	1.98%	-1.07%	1.89%	2.52%
EBITDA Growth	69.15%	340.87%	26.87%	6.20%	49.33%	46.35%	-66.81%	22.06%	-6.56%	-29.66%	211.84%
EBIT Growth	325.30%	269.29%	61.07%	15.30%	117.85%	87.34%	-99.68%	33.52%	-12.74%	-46.73%	31,333.33%
NOPAT Growth	23.10%	20,523.44%	67.51%	28.17%	70.79%	13.58%	-99.30%	33.16%	-14.14%	-57.61%	14,989.17%
Net Income Growth	147.66%	-94.79%	143.63%	51.57%	658.82%	70.77%	-140.04%	58.28%	-15.25%	-64.54%	380.40%
EPS Growth	154.55%	-94.75%	145.45%	50.00%	583.33%	70.97%	-140.74%	58.33%	-12.20%	-66.04%	377.27%
Operating Cash Flow Growth	-38.74%	-11.46%	-92.79%	4,336.00%	-0.97%	-20.65%	-19.39%	6.52%	1.41%	36.87%	32.49%
Free Cash Flow Firm Growth	121.31%	114.95%	107.95%	114.85%	-74.14%	-51.18%	-28.42%	-44.88%	45.52%	4,194.62%	90.23%
Invested Capital Growth	-4.24%	-2.63%	0.17%	-2.07%	0.14%	-0.33%	-1.13%	-0.08%	-0.70%	-1.38%	-0.32%
Revenue Q/Q Growth	-8.58%	-4.60%	15.30%	2.50%	-4.06%	-8.43%	10.73%	4.83%	-6.92%	-5.69%	11.41%
EBITDA Q/Q Growth	-25.52%	12.24%	49.84%	-15.21%	4.72%	10.00%	-66.02%	211.84%	-19.83%	-17.19%	50.64%
EBIT Q/Q Growth	-43.16%	34.28%	96.41%	-23.09%	7.40%	15.47%	-99.66%	31,766.67%	-29.81%	-29.51%	99.37%
NOPAT Q/Q Growth	-17.65%	65.05%	21.66%	-22.49%	9.73%	9.76%	-99.25%	14,699.08%	-29.25%	-45.81%	165.95%
Net Income Q/Q Growth	-77.13%	456.86%	75.00%	-31.99%	14.50%	25.32%	-141.03%	368.84%	-38.69%	-47.56%	224.42%
EPS Q/Q Growth	-75.00%	416.67%	74.19%	-33.33%	13.89%	29.27%	-141.51%	359.09%	-36.84%	-50.00%	238.89%
Operating Cash Flow Q/Q Growth	2,972.00%	115.18%	-127.70%	347.43%	-32.86%	72.43%	-141.68%	320.74%	-36.08%	132.73%	-120.56%
Free Cash Flow Firm Q/Q Growth	122.60%	-23.61%	-16.54%	116.44%	-60.63%	44.20%	-41.74%	66.66%	3.94%	2.79%	6.83%
Invested Capital Q/Q Growth	-1.74%	-3.76%	2.59%	-1.24%	0.48%	-4.22%	4.01%	-0.19%	-0.14%	-2.96%	3.05%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	25.91%	29.05%	33.56%	30.32%	32.07%	34.76%	31.84%	32.07%	30.37%	30.19%	32.17%
EBITDA Margin	10.84%	12.75%	16.57%	13.71%	14.97%	17.98%	5.52%	16.41%	14.14%	12.41%	16.78%
Operating Margin	4.55%	5.99%	11.34%	8.53%	9.47%	11.47%	0.08%	11.09%	8.32%	5.21%	11.31%
EBIT Margin	4.68%	6.59%	11.23%	8.43%	9.43%	11.90%	0.04%	11.03%	8.32%	6.22%	11.13%
Profit (Net Income) Margin	0.68%	3.95%	6.00%	3.98%	4.75%	6.50%	-2.41%	6.17%	4.07%	2.26%	6.58%
Tax Burden Percent	102.00%	137.86%	74.74%	75.11%	77.40%	76.62%	74.81%	75.46%	76.46%	70.20%	77.18%
Interest Burden Percent	14.16%	43.46%	71.43%	62.85%	65.02%	71.28%	-8,866.67%	74.16%	63.93%	51.80%	76.67%
Effective Tax Rate	-2.00%	-33.98%	25.26%	24.89%	22.60%	23.38%	0.00%	24.54%	23.54%	29.80%	22.82%
Return on Invested Capital (ROIC)	3.71%	6.57%	6.67%	5.09%	5.98%	7.53%	0.05%	6.95%	5.26%	3.12%	7.30%
ROIC Less NNEP Spread (ROIC-NNEP)	2.22%	4.61%	5.40%	3.82%	4.66%	6.35%	-1.21%	5.73%	4.06%	2.39%	6.13%
Return on Net Nonoperating Assets (RNNOA)	2.21%	2.94%	3.71%	2.64%	3.19%	3.94%	-0.84%	3.82%	2.63%	1.49%	4.03%
Return on Equity (ROE)	5.92%	9.51%	10.38%	7.74%	9.17%	11.47%	-0.79%	10.76%	7.88%	4.60%	11.33%
Cash Return on Invested Capital (CROIC)	7.02%	7.14%	4.77%	7.31%	5.85%	6.94%	5.73%	5.16%	5.55%	5.37%	6.08%
Operating Return on Assets (OROA)	2.49%	3.44%	5.86%	4.44%	5.12%	6.54%	0.02%	5.96%	4.46%	3.43%	6.21%
Return on Assets (ROA)	0.36%	2.06%	3.13%	2.10%	2.58%	3.57%	-1.33%	3.34%	2.18%	1.25%	3.68%
Return on Common Equity (ROCE)	5.87%	9.44%	5.12%	7.68%	9.10%	11.38%	-0.79%	10.69%	7.83%	4.58%	11.26%
Return on Equity Simple (ROE_SIMPLE)	26.03%	0.00%	4.54%	5.05%	6.37%	0.00%	4.40%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	35	58	70	54	60	66	0.49	73	51	28	74
NOPAT Margin	4.64%	8.03%	8.47%	6.41%	7.33%	8.79%	0.06%	8.37%	6.36%	3.66%	8.73%
Net Nonoperating Expense Percent (NNEP)	1.49%	1.96%	1.27%	1.27%	1.31%	1.18%	1.26%	1.21%	1.20%	0.72%	1.17%
Return On Investment Capital (ROIC_SIMPLE)	-	1.29%	-	-	-	1.47%	0.01%	1.65%	1.18%	0.65%	1.70%
Cost of Revenue to Revenue	74.09%	70.95%	66.44%	69.68%	67.93%	65.24%	68.16%	67.93%	69.63%	69.81%	67.83%
SG&A Expenses to Revenue	21.36%	23.06%	22.22%	21.78%	22.60%	23.30%	31.76%	20.98%	22.05%	24.98%	20.86%
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	21.36%	23.06%	22.22%	21.78%	22.60%	23.30%	31.76%	20.98%	22.05%	24.98%	20.86%
Earnings before Interest and Taxes (EBIT)	35	47	93	72	77	89	0.30	96	67	47	94
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	82	92	137	117	122	134	46	142	114	94	142
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.38	1.60	1.69	1.72	1.94	1.61	1.48	1.25	1.27	1.20	1.38
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)	0.98	1.18	1.26	1.26	1.43	1.15	1.05	0.91	0.93	0.88	1.01
Price to Earnings (P/E)	5.31	48.90	37.39	34.13	30.67	22.02	34.01	24.87	26.62	34.93	21.08
Dividend Yield	2.87%	2.46%	2.34%	2.34%	2.05%	2.55%	2.84%	3.30%	3.28%	3.47%	3.00%
Earnings Yield	18.85%	2.05%	2.67%	2.93%	3.26%	4.54%	2.94%	4.02%	3.76%	2.86%	4.74%
Enterprise Value to Invested Capital (EV/IC)	1.22	1.40	1.41	1.42	1.57	1.41	1.28	1.15	1.16	1.13	1.24
Enterprise Value to Revenue (EV/Rev)	1.49	1.69	1.79	1.77	1.92	1.65	1.55	1.39	1.40	1.31	1.47
Enterprise Value to EBITDA (EV/EBITDA)	14.97	13.54	13.28	13.08	13.20	10.46	12.02	10.18	10.46	10.82	9.81
Enterprise Value to EBIT (EV/EBIT)	37.72	26.15	23.47	22.59	21.36	16.15	21.16	17.27	18.10	20.38	15.89
Enterprise Value to NOPAT (EV/NOPAT)	44.48	30.80	28.48	27.04	26.17	21.34	27.75	22.71	23.93	28.14	21.41
Enterprise Value to Operating Cash Flow (EV/OCF)	21.65	26.28	30.85	19.31	21.39	20.77	20.23	17.69	17.78	14.21	15.20
Enterprise Value to Free Cash Flow (EV/FCFF)	17.00	19.32	29.49	19.28	26.81	20.32	22.23	22.34	20.91	20.85	20.28
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.91	0.91	0.89	0.89	0.87	0.91	0.89	0.85	0.83	0.81	0.80
Long-Term Debt to Equity	0.90	0.90	0.89	0.61	0.87	0.91	0.89	0.85	0.83	0.81	0.80
Financial Leverage	1.00	0.64	0.69	0.69	0.68	0.62	0.70	0.67	0.65	0.62	0.66
Leverage Ratio	3.00	2.57	2.55	2.55	2.53	2.52	2.51	2.56	2.54	2.51	2.48
Compound Leverage Factor	0.43	1.12	1.82	1.60	1.65	1.80	-222.75	1.90	1.62	1.30	1.90
Debt to Total Capital	47.54%	47.59%	47.07%	47.10%	46.49%	47.77%	47.20%	45.98%	45.22%	44.63%	44.32%
Short-Term Debt to Total Capital	0.22%	0.21%	0.22%	14.90%	0.18%	0.17%	0.18%	0.01%	0.01%	0.01%	0.01%
Long-Term Debt to Total Capital	47.32%	47.38%	46.85%	32.20%	46.31%	47.60%	47.02%	45.97%	45.21%	44.61%	44.31%
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	0.43%	0.42%	0.37%	0.38%	0.39%	0.35%	0.37%	0.36%	0.36%	0.28%	0.28%
Common Equity to Total Capital	52.03%	51.99%	52.56%	52.52%	53.13%	51.88%	52.43%	53.66%	54.41%	55.09%	55.40%
Debt to EBITDA	6.49	5.42	4.94	4.86	4.42	4.18	4.95	4.55	4.52	4.85	3.91
Net Debt to EBITDA	5.12	4.03	3.89	3.72	3.34	3.11	3.86	3.48	3.50	3.57	3.04
Long-Term Debt to EBITDA	6.46	5.40	4.92	3.33	4.41	4.16	4.93	4.55	4.52	4.85	3.90
Debt to NOPAT	19.29	12.34	10.60	10.05	8.76	8.52	11.42	10.15	10.35	12.63	8.52
Net Debt to NOPAT	15.21	9.17	8.34	7.69	6.62	6.34	8.90	7.77	8.01	9.27	6.63
Long-Term Debt to NOPAT	19.20	12.29	10.55	6.87	8.73	8.49	11.38	10.15	10.35	12.62	8.52
Altman Z-Score	1.25	1.70	1.39	1.23	1.44	1.82	1.29	1.20	1.21	1.58	1.30
Noncontrolling Interest Sharing Ratio	0.86%	0.79%	50.68%	0.76%	0.77%	0.74%	0.70%	0.69%	0.69%	0.59%	0.60%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.88	1.82	1.90	0.97	1.63	1.88	2.05	2.03	2.03	1.66	1.77
Quick Ratio	1.21	1.22	1.26	0.65	1.09	1.25	1.35	1.35	1.33	1.12	1.17
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	209	160	64	138	54	78	45	76	79	81	87
Operating Cash Flow to CapEx	246.74%	347.97%	-175.41%	337.26%	284.40%	298.30%	-408.80%	417.78%	291.90%	395.75%	-181.58%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	2.39	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	-1.61	0.00	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	-2.53	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.53	0.52	0.52	0.53	0.54	0.55	0.55	0.54	0.54	0.55	0.56
Accounts Receivable Turnover	6.83	7.48	6.51	6.35	7.12	8.11	6.71	6.45	6.84	7.81	6.54
Inventory Turnover	5.96	6.25	6.07	6.10	6.07	6.29	6.04	5.82	5.72	6.29	5.94
Fixed Asset Turnover	3.31	3.02	3.02	3.11	3.29	3.27	3.28	3.25	3.32	3.35	3.42
Accounts Payable Turnover	5.63	5.08	5.03	5.12	5.41	5.14	5.16	5.01	5.38	5.43	5.32
Days Sales Outstanding (DSO)	53.46	48.81	56.03	57.51	51.24	45.02	54.38	56.63	53.39	46.71	55.79
Days Inventory Outstanding (DIO)	61.21	58.37	60.13	59.82	60.16	57.98	60.39	62.70	63.85	58.05	61.42
Days Payable Outstanding (DPO)	64.86	71.91	72.60	71.30	67.43	71.01	70.67	72.79	67.89	67.27	68.62
Cash Conversion Cycle (CCC)	49.81	35.26	43.56	46.03	43.96	31.99	44.10	46.54	49.35	37.49	48.58
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,937	3,788	3,973	3,923	3,942	3,776	3,928	3,920	3,915	3,799	3,915
Invested Capital Turnover	0.80	0.82	0.79	0.79	0.82	0.86	0.82	0.83	0.83	0.85	0.84
Increase / (Decrease) in Invested Capital	-174	-102	6.70	-83	5.60	-13	-45	-3.30	-28	-53	-13
Enterprise Value (EV)	4,798	5,298	5,584	5,589	6,174	5,335	5,027	4,519	4,558	4,285	4,835
Market Capitalization	3,139	3,702	3,933	3,983	4,595	3,733	3,398	2,957	3,016	2,860	3,326
Book Value per Share	$25.00	$25.44	$25.45	$25.40	$25.88	$25.33	$25.13	$25.76	$25.92	$25.93	$26.26
Tangible Book Value per Share	($10.62)	($10.87)	($10.15)	($9.68)	($9.82)	($8.72)	($9.30)	($10.11)	($9.74)	($9.56)	($8.52)
Total Capital	4,376	4,461	4,417	4,413	4,448	4,460	4,384	4,395	4,360	4,309	4,343
Total Debt	2,080	2,123	2,079	2,079	2,068	2,131	2,069	2,021	1,972	1,923	1,925
Total Long-Term Debt	2,071	2,114	2,069	1,421	2,060	2,123	2,061	2,020	1,971	1,923	1,924
Net Debt	1,641	1,577	1,635	1,589	1,562	1,586	1,613	1,546	1,526	1,413	1,497
Capital Expenditures (CapEx)	29	44	24	31	25	41	13	27	25	42	19
Debt-free, Cash-free Net Working Capital (DFCFNWC)	207	98	224	129	65	129	284	283	277	45	194
Debt-free Net Working Capital (DFNWC)	647	644	668	619	571	674	740	758	723	555	621
Net Working Capital (NWC)	637	634	659	-39	563	666	732	757	722	555	621
Net Nonoperating Expense (NNE)	30	29	21	21	21	17	20	19	19	11	18
Net Nonoperating Obligations (NNO)	1,641	1,450	1,635	1,589	1,562	1,446	1,613	1,546	1,526	1,413	1,497
Total Depreciation and Amortization (D&A)	46	44	44	45	45	45	45	47	47	47	48
Debt-free, Cash-free Net Working Capital to Revenue	6.44%	3.11%	7.16%	4.10%	2.02%	3.99%	8.77%	8.70%	8.54%	1.37%	5.90%
Debt-free Net Working Capital to Revenue	20.12%	20.48%	21.37%	19.63%	17.76%	20.79%	22.85%	23.28%	22.27%	17.03%	18.94%
Net Working Capital to Revenue	19.82%	20.17%	21.07%	-1.24%	17.52%	20.55%	22.61%	23.26%	22.25%	17.01%	18.92%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.06	$0.31	$0.54	$0.37	$0.42	$0.53	($0.22)	$0.57	$0.36	$0.19	$0.61
Adjusted Weighted Average Basic Shares Outstanding	91.10M	91.10M	91.20M	91.30M	91.30M	91.30M	91.50M	91.50M	91.60M	91.50M	91.70M
Adjusted Diluted Earnings per Share	$0.06	$0.31	$0.54	$0.36	$0.41	$0.53	($0.22)	$0.57	$0.36	$0.18	$0.61
Adjusted Weighted Average Diluted Shares Outstanding	91.90M	91.80M	92M	92.20M	92.30M	92M	91.50M	91.80M	91.80M	91.80M	91.90M
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	91.16M	91.18M	91.26M	91.31M	91.36M	91.44M	91.53M	91.54M	91.56M	91.62M	91.71M
Normalized Net Operating Profit after Tax (NOPAT)	24	30	70	54	60	66	0.49	73	51	28	74
Normalized NOPAT Margin	3.19%	4.20%	8.47%	6.41%	7.33%	8.79%	0.06%	8.37%	6.36%	3.66%	8.73%
Pre Tax Income Margin	0.66%	2.87%	8.02%	5.30%	6.13%	8.48%	-3.22%	8.18%	5.32%	3.22%	8.53%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	3.50	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	2.64	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	2.58	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	1.72	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	15.05%	118.37%	86.45%	78.80%	61.82%	55.07%	94.16%	79.80%	84.94%	118.18%	62.34%
Augmented Payout Ratio	15.05%	118.37%	86.45%	78.80%	61.82%	55.07%	94.16%	79.80%	84.94%	118.18%	62.34%

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.

05/27/26 06:10 AM ETAI Generated. May Contain Errors.

Avient Financials - Frequently Asked Questions

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

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 where experts think Avient is headed by visiting Avient's forecast page.

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

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%.

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.

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.

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%.

Related Companies

Financial statements for NYSE:AVNT last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Avient (AVNT) Financials

Financials Breakdown Chart

Key Financial Trends

Avient Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Avient (AVNT) Financials

Annual Income Statements for Avient

Quarterly Income Statements for Avient

Annual Cash Flow Statements for Avient

Quarterly Cash Flow Statements for Avient

Annual Balance Sheets for Avient

Quarterly Balance Sheets for Avient

Annual Metrics And Ratios for Avient

Quarterly Metrics And Ratios for Avient

Financials Breakdown Chart

Key Financial Trends

Avient Financials - Frequently Asked Questions

When does Avient's financial year end?

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

What is Avient's operating income?

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

How much debt does Avient have?

How much cash does Avient have?

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

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools