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Avient Corporation operates as a formulator of material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. The company operates in two segments, Color, Additives and Inks; and Specialty Engineered Materials. The Color, Additives and Inks segment offers custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets, and specialty inks; custom-formulated liquid system, such as polyester, vinyl, natural rubber and latex, polyurethane, and silicone; and proprietary inks. The company products are used in medical and pharmaceutical devices, food packaging, personal care and cosmetics, transportation, building products, wire and cable, recreational and athletic apparel, construction and filtration, outdoor furniture, healthcare, textiles and appliances, and industrial markets. The Specialty Engineered Materials segment provides specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials. It sells its products through direct sales personnel, distributors, and commissioned sales agents. The company was formerly known as PolyOne Corporation and changed its name to Avient Corporation in June 2020. Avient Corporation was founded in 1885 and is headquartered in Avon Lake, Ohio.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $3.3B | $396M | $82M | $195M | 3.4% | 0.6% | -51.7% |
| 2024 | $3.2B | $510M | $170M | $135M | 7.3% | 3.1% | 123.9% |
| 2023 | $3.1B | $391M | $76M | $82M | 3.3% | -7.5% | -89.2% |
| 2022 | $3.4B | $347M | $703M | $293M | 30.1% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 3,396.90 | 3,142.80 | 3,240.40 | 3,260.20 |
| Operating Revenue | - | 3,396.90 | 3,142.80 | 3,240.40 | 3,260.20 |
| Cost Of Revenue | - | 2,514.20 | 2,250.30 | 2,183.70 | 2,244.60 |
| Gross Profit | - | 882.70 | 892.50 | 1,056.70 | 1,015.60 |
| Operating Expense | - | 639.40 | 695.70 | 727.40 | 812.10 |
| Selling General And Administration | - | 639.40 | 695.70 | 727.40 | 812.10 |
| Total Expenses | - | 3,153.60 | 2,946 | 2,911.10 | 3,056.70 |
| Operating Income | - | 243.30 | 196.80 | 329.30 | 203.50 |
| Total Operating Income As Reported | - | 243.30 | 196.80 | 329.30 | 203.50 |
| EBITDA | - | 346.70 | 391.40 | 510.10 | 396.20 |
| Normalized EBITDA | - | 346.70 | 391.40 | 510.10 | 396.20 |
| EBIT | - | 183.60 | 202.60 | 330.40 | 210.30 |
| Interest Expense | - | 119.80 | 115.30 | 105.60 | 98.60 |
| Net Interest Income | - | -119.80 | -115.30 | -105.60 | -98.60 |
| Other Non Operating Income Expenses | - | -59.70 | 5.80 | 1.10 | 6.80 |
| Other Income Expense | - | -59.70 | 5.80 | 1.10 | 6.80 |
| Interest Expense Non Operating | - | 119.80 | 115.30 | 105.60 | 98.60 |
| Net Non Operating Interest Income Expense | - | -119.80 | -115.30 | -105.60 | -98.60 |
| Pretax Income | - | 63.80 | 87.30 | 224.80 | 111.70 |
| Tax Provision | - | -19.30 | 11 | 54.10 | 28.10 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 83.10 | 76.30 | 170.70 | 83.60 |
| Net Income From Continuing And Discontinued Operation | - | 703.10 | 75.70 | 169.50 | 81.90 |
| Net Income From Continuing Operation Net Minority Interest | - | 82.80 | 75.80 | 169.50 | 81.90 |
| Net Income | - | 703.10 | 75.70 | 169.50 | 81.90 |
| Net Income Common Stockholders | - | 703.10 | 75.70 | 169.50 | 81.90 |
| Net Income Including Noncontrolling Interests | - | 703.40 | 76.20 | 170.70 | 83.60 |
| Normalized Income | - | 82.80 | 75.80 | 169.50 | 81.90 |
| Diluted NI Availto Com Stockholders | - | 703.10 | 75.70 | 169.50 | 81.90 |
| Basic Average Shares | - | 91.20 | 91.10 | 91.30 | 91.50 |
| Diluted Average Shares | - | 92.20 | 91.80 | 92 | 91.80 |
| Reconciled Depreciation | - | 163.10 | 188.80 | 179.70 | 185.90 |
| Reconciled Cost Of Revenue | - | 2,514.20 | 2,250.30 | 2,183.70 | 2,244.60 |
| Minority Interests | - | -0.30 | -0.50 | -1.20 | -1.70 |
| Net Income Discontinuous Operations | - | 620.30 | -0.10 | 0 | 0 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Avient Corporationthis co. | AVNT | $3.1B | 38.23 | 1.32 | 3.4% | 11.66 |
| NovaGold Resources Inc. | NG | $3.6B | -37.96 | 21.94 | -57.8% | -45.70 |
| Calumet, Inc. | CLMT | $3.3B | -96.45 | -4.45 | 4.6% | 23.49 |
| Perpetua Resources Corp. | PPTA | $3.1B | -31.20 | 28.77 | -92.2% | - |
| United States Lime & Minerals, Inc. | USLM | $3.1B |
| - |
| - |
| - |
| - |
| - |
| 22.89 |
| 4.87 |
| 21.3% |
| 14.78 |
| Titan America SA | TTAM | $2.9B | 15.90 | 2.85 | 17.9% | 8.44 |
| Worthington Steel, Inc. | WS | $2.2B | 19.64 | 2.02 | 10.3% | 10.69 |
| Ivanhoe Electric Inc. | IE | $2.1B | -20.12 | 5.12 | -25.4% | -16.90 |
| Innospec Inc. | IOSP | $2.0B | 17.04 | 1.50 | 8.8% | 8.74 |
| Peer Median | - | -2.11 | 3.86 | 6.7% | 8.74 | |