AVNT

MKT CAP:$3B

Avient Corporation

Market Cap

$3B

Basic Materials·Chemicals - Specialty·🇺🇸 United States·NYSE

Materials·Chemicals·🇺🇸·NYSE

Stock Price

$38.55+$6.84 (+21.57%)

Apr 17, 2026

Company Details

Avient Corporation provides specialized formulator, services, and sustainable material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates through three segments: Color, Additives and Inks; Specialty...

CEO

Ashish K. Khandpur

IPO Date

Sep 13, 1999

Website

www.avient.com

Key Metrics TTM

Revenue

$3.2B

-4.3% YoY

Net Income

$148M

EPS (Diluted)

$1.60

Free Cash Flow

$214M

Revenue / Share

$34.70

Gross Margin

32.7%

Operating Margin

9.2%

Net Margin

4.7%

FCF Margin

6.7%

P/S

1.1x

P/E

23.2x

Earnings Reports

Q1 2026

May 7, 2026

PENDING

Q4 2025

Feb 17, 2026

$761M+1.9%EPS $0.18

Q4 2024

Feb 18, 2025

$747MEPS $0.52

Q2 2024

Aug 6, 2024

$850MEPS $0.36

Q1 2024

May 7, 2024

$829MEPS $0.54

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 18	$883M	$185M	$71M
Q1 19	$900M	$196M	$68M
Q2 19	$904M	$206M	$72M
Q3 19	$705M	$161M	$43M
Q4 19	$659M	$153M	$21M
Q1 20	$712M	$172M	$53M
Q3 20	$925M	$210M	$34M
Q4 21	$1.2B	$253M	$74M
Q1 22	$892M	$254M	$102M
Q2 22	$891M	$261M	$100M
Q4 22	$790M	$172M	$400.0K
Q3 23	$754M	$195M	$34M
Q1 24	$829M	$278M	$94M
Q2 24	$850M	$258M	$73M
Q4 24	$747M	$260M	$86M
Q4 25	$761M	$246M	$40M

Valuation

Quarter	P/S	P/E
Q3 18	1.0x	18.3x
Q1 19	0.6x	12.3x
Q2 19	0.7x	13.1x
Q3 19	0.7x	14.5x
Q4 19	0.9x	4.8x
Q1 20	0.5x	2.8x
Q3 20	0.8x	4.6x
Q4 21	1.5x	9.8x
Q1 22	1.2x	30.2x
Q2 22	1.0x	19.1x
Q4 22	0.9x	4.6x
Q3 23	1.0x	4.4x
Q1 24	1.2x	5.7x
Q2 24	1.2x	6.1x
Q4 24	1.2x	26.9x
Q4 25	0.9x	19.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 18	$62M	$42M
Q1 19	-$25M	-$35M
Q2 19	$124M	$108M
Q3 19	$99M	$78M
Q4 19	$102M	$68M
Q1 20	-$13M	-$24M
Q3 20	$2M	-$15M
Q4 21	$124M	$86M
Q1 22	$19M	$6M
Q2 22	$88M	$67M
Q4 22	$175M	$124M
Q3 23	$72M	$43M
Q1 24	-$43M	-$67M
Q2 24	$106M	$75M
Q4 24	$123M	$82M
Q4 25	$168M	$125M

Capital Expenditures

Quarter	CapEx
Q3 18	$20M
Q1 19	$10M
Q2 19	$17M
Q3 19	$21M
Q4 19	$34M
Q1 20	$11M
Q3 20	$17M
Q4 21	$38M
Q1 22	$13M
Q2 22	$21M
Q4 22	$50M
Q3 23	$29M
Q1 24	$24M
Q2 24	$31M
Q4 24	$41M
Q4 25	$42M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 18	+7.9%	+8.2%
Q1 19	+12.4%	+10.2%
Q2 19	+0.2%	+1.1%
Q3 19	-22.9%	-20.9%
Q4 19	-25.4%	-21.5%
Q1 20	-20.9%	-20.8%
Q3 20	+2.3%	+7.1%
Q4 21	+70.4%	+70.3%
Q1 22	+35.5%	+23.8%
Q2 22	+25.2%	+20.1%
Q4 22	-14.5%	-11.3%
Q3 23	-37.3%	-36.2%
Q1 24	-7.1%	-7.0%
Q2 24	-4.6%	-1.7%
Q4 24	-5.6%	-16.3%
Q4 25	+0.9%	+0.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 18	$3M	0.3%
Q1 19	$3M	0.3%
Q2 19	$3M	0.4%
Q3 19	$3M	0.4%
Q4 19	$4M	0.5%
Q1 20	$2M	0.3%
Q3 20	$0	0.0%
Q4 21	$3M	0.2%
Q1 22	$3M	0.4%
Q2 22	$3M	0.3%
Q4 22	$4M	0.5%
Q3 23	$3M	0.4%
Q1 24	$3M	0.4%
Q2 24	$6M	0.7%
Q4 24	$3M	0.4%
Q4 25	$2M	0.3%

OpEx Breakdown

Quarter	R&D	S&M	SG&A
Q3 18	—	—	$114M
Q1 19	—	—	$128M
Q2 19	—	—	$134M
Q3 19	—	—	$117M
Q4 19	—	$500M	—
Q1 20	—	—	$119M
Q3 20	—	—	$177M
Q4 21	—	—	$179M
Q1 22	—	—	$152M
Q2 22	—	—	$161M
Q4 22	—	—	$172M
Q3 23	—	—	$161M
Q1 24	—	—	$184M
Q2 24	—	—	$185M
Q4 24	$99M	—	$174M
Q4 25	—	—	$173M

Revenue Segments

Quarter	Color Additives And Inks	Performance Products And Solutions	Polyone Distribution	Specialty Engineered Materials	Distribution	Color Additives And Inks Segment	Distribution Segment	Specialty Engineered Materials Segment
Q3 18	$259M	$154M	$317M	$153M	—	—	—	—
Q1 19	$262M	$149M	—	$176M	$313M	—	—	—
Q2 19	$266M	$156M	—	$180M	$302M	—	—	—
Q3 19	—	—	—	—	—	$245M	$291M	$170M
Q1 20	—	—	—	—	—	$255M	$283M	$169M
Q3 20	—	—	—	—	—	$492M	$272M	$157M
Q3 23	—	—	—	—	—	$487M	—	$268M
Q2 24	—	—	—	—	—	$542M	—	$308M
Q4 25	$466M	—	—	$296M	—	—	—	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$563M	$0	$563M
Q2 22	$645M	$0	$645M
Q3 22	$544M	$0	$544M
Q4 22	$641M	$0	$641M
Q1 23	$583M	$0	$583M
Q2 23	$529M	$0	$529M
Q3 23	$440M	$0	$440M
Q4 23	$546M	$0	$546M
Q1 24	$444M	$0	$444M
Q2 24	$489M	$0	$489M
Q3 24	$506M	$0	$506M
Q4 24	$545M	$0	$545M
Q1 25	$456M	$0	$456M
Q2 25	$475M	$0	$475M
Q3 25	$446M	$0	$446M
Q4 25	$511M	$0	$511M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 18	81M	-0.1%	-1.6%
Q1 19	78M	-3.1%	-4.4%
Q2 19	78M	-0.6%	-4.4%
Q3 19	77M	-0.4%	-4.2%
Q4 19	78M	+0.1%	-4.0%
Q1 20	87M	+11.9%	+10.9%
Q3 20	92M	+6.0%	+18.3%
Q4 21	92M	+0.5%	+19.4%
Q1 22	92M	-0.1%	+19.1%
Q2 22	92M	-0.2%	+6.2%
Q4 22	91M	-1.2%	-1.0%
Q3 23	92M	+1.0%	-0.5%
Q1 24	92M	+0.1%	-0.3%
Q2 24	92M	+0.2%	+0.1%
Q4 24	92M	0.0%	+1.3%
Q4 25	92M	-0.4%	-0.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 18	$140.2K	6K
Q1 19	$136.3K	7K
Q2 19	$136.9K	7K
Q3 19	$106.9K	7K
Q4 19	$117.6K	6K
Q1 20	$127.1K	6K
Q3 20	$165.1K	6K
Q4 21	$138.1K	9K
Q1 22	$102.6K	9K
Q2 22	$102.4K	9K
Q4 22	$81.5K	10K
Q3 23	$77.7K	10K
Q1 24	$89.1K	9K
Q2 24	$91.4K	9K
Q4 24	$81.1K	9K
Q4 25	$84.5K	9K

Revenue / Employee