SequelSEC

AVIENT CORP AVNT

Plastic Materials, Synth Resins & Nonvulcan Elastomers · CIK 0001122976 · Fiscal year ends 1231

Revenue
$3.26B
Fiscal year ended 2025-12-31
Operating income
$203.50M
Fiscal year ended 2025-12-31
Free cash flow
$195.00M
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$3.00BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$32.74Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income36.6×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue0.9×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity1.3×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

36.6× earnings today, against a median of 19.5× across 9 years on record. Above its own history.

Float measuredPublic floatFloat / net income
2025-06-30$3.00B36.6×
2024-06-28$4.00B23.6×
2023-06-30$3.70B48.9×
2022-06-30$3.60B5.1×
2021-06-30$4.50B19.5×
2020-06-30$2.40B18.2×
2019-06-28$2.40B4.1×
2018-06-29$3.50B21.9×
2016-06-30$3.00B18.2×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the Plastic Materials, Synth Resins & Nonvulcan Elastomers filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
CapEx / revenue3.3%0th
SBC / revenue0.3%0th
Long-term debt / equity0.81x80th
Effective tax rate25.2%80th
Revenue YoY growth0.6%78th
Gross margin31.2%67th
Operating margin6.2%67th
Current ratio1.66x40th
R&D / revenue3.0%57th
Net margin2.5%56th
FCF margin6.0%50th

AVIENT CORP (AVNT) reported revenue of $3.26B and net income of $81.90M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from AVIENT CORP’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Plastic Materials, Synth Resins & Nonvulcan Elastomers.

Income

AVIENT CORP income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$3.26B$3.24B$3.14B$3.40B$3.32B$2.21B$2.86B$2.88B$2.59B$2.94B
Cost of revenue$2.24B$2.18B$2.25B$2.51B$2.37B$1.55B$2.21B$2.26B$1.99B$2.26B
Gross profit$1.02B$1.06B$892.50M$882.70M$943.80M$660.00M$657.20M$624.80M$596.40M$676.40M
Operating income$203.50M$329.30M$196.80M$243.30M$279.70M$111.60M$156.80M$178.60M$173.10M$267.70M
Net income$81.90M$169.50M$75.70M$703.10M$230.80M$131.60M$588.60M$159.80M-$57.70M$165.20M
Research & development$96.70M$98.70M$90.30M$84.90M$83.20M$59.80M$50.60M$49.60M$45.30M$50.40M
Weighted-average diluted sharesshares 91.80Mshares 92.00Mshares 91.80Mshares 92.20Mshares 92.10Mshares 90.60Mshares 77.70Mshares 80.40Mshares 82.10Mshares 84.60M
Pretax income$111.70M$224.80M$87.30M$63.80M$203.50M$61.10M$109.40M$101.80M$111.90M$226.60M
Income tax expense$28.10M$54.10M$11.00M-$19.30M$51.90M-$11.70M$33.70M$14.40M$800.00K$60.40M
Diluted EPS$0.89$1.84$0.83$7.63$2.51$1.45$7.58$1.99$-0.70$1.95
Selling, general & administrative$812.10M$727.40M$695.70M$639.40M$664.10M$548.40M$500.40M$446.20M$423.30M$408.70M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

AVIENT CORP balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Cash & equivalentsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$170.90M$243.60M$226.70M
Total assets$6.03B$5.81B$5.97B$6.08B$5.00B$4.87B$3.27B$2.72B$2.71B$2.74B
Current assets$1.40B$1.42B$1.41B$1.57B$1.83B$1.60B$1.51B$998.80M$1.07B$949.50M
Total liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current liabilities$846.30M$756.10M$773.60M$869.40M$940.60M$801.00M$702.50M$557.60M$570.60M$509.90M
Total equity incl. NCI$2.39B$2.33B$2.34B$2.35B$1.79B$1.71B$1.05B$540.60M$599.40M$725.50M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$367.20M$346.80M$347.00M$372.70M$305.80M$327.50M$260.90M$284.60M$327.80M$266.40M
Accounts receivable$435.00M$399.50M$399.90M$440.60M$439.90M$516.60M$330.00M$347.20M$392.40M$325.60M
Goodwill$1.76B$1.66B$1.72B$1.67B$1.28B$1.31B$685.70M$639.10M$599.30M$532.70M
Long-term debt$1.92B$2.06B$2.07B$2.18B$1.85B$1.85B$1.21B$1.34B$1.28B$1.24B
Accounts payable$410.00M$417.40M$432.30M$454.40M$429.50M$471.70M$287.70M$305.00M$388.90M$320.90M

Cash flow

AVIENT CORP cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Operating cash flow$301.60M$256.80M$201.60M$398.40M$233.80M$221.60M$300.80M$253.70M$202.40M$227.60M
Capital expenditures$106.60M$121.90M$119.40M$105.50M$100.60M$63.70M$81.70M$76.00M$79.60M$84.20M
Investing cash flow-$97.00M-$120.60M-$94.20M-$504.00M-$150.20M-$1.43B$611.90M-$170.30M-$119.40M-$235.40M
Financing cash flow-$257.10M-$120.90M-$201.70M$166.40M-$114.60M$982.00M-$218.30M-$148.10M-$72.70M-$40.30M
Net change in cash-$34.00M-$1.30M-$95.30M$39.90M-$48.30M-$215.20M$693.80M-$72.70M$16.90M-$53.10M
Stock-based compensation$9.10M$15.40M$13.20M$13.20M$11.20M$11.30M$11.60M$10.90M$10.20M$8.40M
Common dividends paid$98.80M$94.00M$90.20M$86.80M$77.70M$71.30M$60.30M$56.10M$44.10M$40.20M
Common share repurchasesUnavailable$0$0$36.40M$4.20M$22.40M$26.90M$123.00M$70.70M$86.20M
Depreciation & amortization$185.90M$179.70M$188.80M$163.10M$144.20M$111.80M$87.50M$88.50M$97.40M$100.50M

Derived

AVIENT CORP derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Free cash flow$195.00M$134.90M$82.20M$292.90M$133.20M$157.90M$219.10M$177.70M$122.80M$143.40M
Gross margin31.2%32.6%28.4%26.0%28.5%29.8%23.0%21.7%23.0%23.0%
Operating margin6.2%10.2%6.3%7.2%8.4%5.0%5.5%6.2%6.7%9.1%
FCF margin6.0%4.2%2.6%8.6%4.0%7.1%7.7%6.2%4.7%4.9%
SBC / revenue0.3%0.5%0.4%0.4%0.3%0.5%0.4%0.4%0.4%0.3%
Current ratio1.66x1.88x1.82x1.81x1.94x2.00x2.15x1.79x1.87x1.86x
Revenue YoY growth0.6%3.1%-7.5%2.5%49.7%-22.6%-0.6%11.2%-11.9%Unavailable
Net margin2.5%5.2%2.4%20.7%7.0%5.9%20.6%5.5%-2.2%5.6%
R&D / revenue3.0%3.0%2.9%2.5%2.5%2.7%1.8%1.7%1.7%1.7%
CapEx / revenue3.3%3.8%3.8%3.1%3.0%2.9%2.9%2.6%3.1%2.9%
Long-term debt / equity0.81xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate25.2%24.1%12.6%-30.3%25.5%-19.1%30.8%14.1%0.7%26.7%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open AVNT in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-02-17View SEC filing
10-Q · Filed 2025-11-05View SEC filing
10-Q · Filed 2025-08-01View SEC filing
10-Q · Filed 2025-05-06View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.