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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 | 3.2% | -7.5% | -89.2% |
| 2022 | $3.4B | $347M | $703M | $293M | 29.9% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total 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 |
| Operating Income | 243.30 | 196.80 | 329.30 | 203.50 |
| EBITDA | 346.70 | 391.40 | 510.10 | 396.20 |
| EBIT | 183.60 | 202.60 | 330.40 | 210.30 |
| Pretax Income | 63.80 | 87.30 | 224.80 | 111.70 |
| Tax Provision | -19.30 | 11 | 54.10 | 28.10 |
| Net Income | 703.10 | 75.70 | 169.50 | 81.90 |
| Net Income Common Stockholders | 703.10 | 75.70 | 169.50 | 81.90 |
| Total Expenses | 3,153.60 | 2,946 | 2,911.10 | 3,056.70 |
| Interest Expense | 119.80 | 115.30 | 105.60 | 98.60 |
| Selling General And Administration | 639.40 | 695.70 | 727.40 | 812.10 |
| Normalized EBITDA | 346.70 | 391.40 | 510.10 | 396.20 |
| Normalized Income | 82.80 | 75.80 | 169.50 | 81.90 |
| Basic EPS | 7.71 | 0.83 | 1.86 | 0.90 |
| Diluted EPS | 7.63 | 0.83 | 1.84 | 0.89 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0.21 | 0.13 | 0.24 | 0.25 |
| Net Income From Continuing Operation Net Minority Interest | 82.80 | 75.80 | 169.50 | 81.90 |
| 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 |
| Net Interest Income | -119.80 | -115.30 | -105.60 | -98.60 |
| Net Income From Continuing And Discontinued Operation | 703.10 | 75.70 | 169.50 | 81.90 |
| Total Operating Income As Reported | 243.30 | 196.80 | 329.30 | 203.50 |
| Diluted Average Shares | 92.20 | 91.80 | 92 | 91.80 |
| Basic Average Shares | 91.20 | 91.10 | 91.30 | 91.50 |
| Diluted NI Availto Com Stockholders | 703.10 | 75.70 | 169.50 | 81.90 |
| Minority Interests | -0.30 | -0.50 | -1.20 | -1.70 |
| Net Income Including Noncontrolling Interests | 703.40 | 76.20 | 170.70 | 83.60 |
| Net Income Discontinuous Operations | 620.30 | -0.10 | 0 | 0 |
| Net Income Continuous Operations | 83.10 | 76.30 | 170.70 | 83.60 |
| Other Income Expense | -59.70 | 5.80 | 1.10 | 6.80 |
| Other Non Operating Income Expenses | -59.70 | 5.80 | 1.10 | 6.80 |
| Net Non Operating Interest Income Expense | -119.80 | -115.30 | -105.60 | -98.60 |
| Interest Expense Non Operating | 119.80 | 115.30 | 105.60 | 98.60 |
| Operating Revenue | 3,396.90 | 3,142.80 | 3,240.40 | 3,260.20 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Avient Corporationthis co. | AVNT | $3.3B | 40.65↑ premium | 1.40 | 3.4% | 8.87 |
| Constellium SE | CSTM | $4.4B | 16.79 | 4.58 | 28.1% | 7.60 |
| Cabot Corporation | CBT | $4.0B | 13.24 | 2.51 | 19.4% | 6.56 |
| United States Lime & Minerals, Inc. | USLM | $3.7B | 27.46 | 5.82 | 21.3% | 18.03 |
| NovaGold Resources Inc. | NG | $3.4B |
| - |
| 7.70 |
| -57.8% |
| -109.35 |
| Perpetua Resources Corp. | PPTA | $3.3B | - | 3.78 | - | -20.07 |
| Titan America SA | TTAM | $3.0B | 15.91 | 2.87 | 17.9% | 8.97 |
| Calumet, Inc. | CLMT | $2.8B | - | -3.85 | 6.9% | 23.77 |
| Tecnoglass Inc. | TGLS | $2.0B | 12.42 | 2.66 | 22.4% | 7.59 |
| Peer Median | - | 15.91 | 3.32 | 19.4% | 7.59 | |