Avient Corp

Avient Corp

AVNT · NYSE · Basic Materials / Specialty Chemicals

44.66USD-0.26 (-0.58%)

Price History

Full chart

Market Stats

Previous Close44.92
Open44.84
Day Range44.43 – 45.04
52-Week Range26.64 – 46.33
Volume412.10K
Market Cap3.47B
P/E (TTM)20.43
Forward P/E11.71
EPS1.85
Dividend Yield2.99%
Beta1.29
50-Day Avg42.20
200-Day Avg37.86

About

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.

Company Details

  • SectorBasic Materials
  • IndustrySpecialty Chemicals
  • CEODr. Ashish K. Khandpur Ph.D.
  • Employees9.00K
  • Headquarters33587 Walker Road, Avon Lake, OH, United States, 44012, USA
  • Websitehttps://www.avient.com

Leadership

  • Dr. Ashish K. Khandpur Ph.D.President, CEO & Chairman of the Board · b. 1968
  • Mr. Woon Keat MohSenior VP and President of Color, Additives & Inks · b. 1974
  • Mr. David N. SchneiderSenior VP & President of Specialty Engineered Materials · b. 1970
  • Mr. Giuseppe Di Salvo CPASenior VP & CFO
  • Dr. Philip G. Clark Jr., Ph.D.Senior VP & CTO · b. 1970
  • Mr. Leslie SequeiraChief Information Officer
  • Ms. Amy M. SandersSenior VP, General Counsel, Secretary & Corporate Ethics Officer · b. 1973
  • Ms. Kristen A. GajewskiSenior VP & Chief Human Resources Officer · b. 1982
  • Mr. Michael Joseph IrwinSenior Vice President of New Business Development & Marketing Excellence · b. 1979
  • Mr. Nello RizzoSenior Vice President of Global Supply Chain · b. 1968

Financials

Income Statement

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.26B1.89B2.65B2.50B1.96B2.16B2.45B2.62B2.64B2.74B2.06B2.62B2.86B2.99B3.77B3.84B3.38B3.34B3.23B3.53B2.86B3.24B3.32B3.40B3.14B3.24B3.26B
Growth (%)-+49.68%+40.62%-5.89%-21.36%+10.03%+13.37%+7.01%+0.77%+3.63%-24.76%+27.23%+9.21%+4.51%+26.02%+1.71%-11.94%-1.12%-3.29%+9.40%-18.98%+13.25%+2.26%+2.46%-7.48%+3.11%+0.61%
Cost of Revenue1.03B1.60B2.22B2.10B1.66B1.84B2.15B2.28B2.34B2.44B1.74B2.19B2.40B2.43B3.11B3.13B2.70B2.63B2.51B2.79B2.21B2.46B2.37B2.51B2.24B2.18B2.20B
Gross Profit232.30M289.00M431.60M400.00M299.80M324.00M297.10M339.70M305.40M296.60M322.20M428.90M462.70M564.30M662.20M707.90M681.50M706.20M719.00M744.90M657.20M784.30M943.80M882.70M902.70M1.06B1.06B
Gross Margin18.42%15.31%16.26%16.01%15.26%14.99%12.12%12.95%11.56%10.83%15.64%16.36%16.16%18.86%17.56%18.46%20.18%21.14%22.26%21.08%22.96%24.19%28.47%25.99%28.72%32.61%32.46%
Operating Expense132.60M224.20M448.70M361.10M303.80M204.40M156.80M149.50M271.50M425.90M242.10M254.60M229.70M397.20M430.70M552.80M430.60M424.30M441.50M471.20M500.40M595.00M664.10M639.40M681.20M727.40M854.70M
Operating Income99.70M64.80M-17.10M38.90M-4.00M119.60M140.30M190.20M33.90M-129.30M80.10M174.30M233.00M167.10M231.50M155.10M250.90M281.90M277.50M273.70M156.80M189.30M279.70M243.30M221.50M329.30M203.50M
Operating Margin7.91%3.43%-0.64%1.56%-0.20%5.53%5.73%7.25%1.28%-4.72%3.89%6.65%8.14%5.58%6.14%4.04%7.43%8.44%8.59%7.75%5.48%5.84%8.44%7.16%7.05%10.16%6.24%
EBITDA144.10M130.00M15.70M56.00M42.80M179.30M203.10M247.30M91.30M-48.00M135.30M229.50M260.10M203.90M325.20M284.40M363.90M371.10M371.40M265.10M256.40M328.60M424.60M346.70M391.40M510.10M548.70M
EBITDA Margin11.43%6.89%0.59%2.24%2.18%8.30%8.29%9.43%3.45%-1.75%6.57%8.75%9.08%6.81%8.62%7.41%10.77%11.11%11.50%7.50%8.96%10.14%12.81%10.21%12.45%15.74%16.83%
Net Income104.70M15.90M-46.10M-58.90M-251.10M23.50M46.90M123.20M11.40M-272.90M49.50M162.60M172.60M71.90M243.80M79.20M144.60M165.20M-57.70M159.80M588.60M131.60M230.80M153.00M75.70M169.50M81.90M
Net Income Margin8.30%0.84%-1.74%-2.36%-12.78%1.09%1.91%4.70%0.43%-9.96%2.40%6.20%6.03%2.40%6.46%2.06%4.28%4.95%-1.79%4.52%20.56%4.06%6.96%4.50%2.41%5.23%2.51%
R&D-------------41.30M52.60M53.40M53.00M50.40M52.10M49.60M50.60M59.80M83.20M84.90M90.30M98.70M-
R&D as % of Total Revenue-------------1.38%1.39%1.39%1.57%1.51%1.61%1.40%1.77%1.84%2.51%2.50%2.87%3.05%-
Interest Expense69.20M64.10M117.50M118.40M291.20M116.30M98.90M82.90M85.70M40.60M34.30M31.50M33.70M50.80M63.50M62.20M64.10M59.80M60.80M62.80M59.50M81.80M105.10M182.30M115.30M105.60M98.60M
Interest Expense % of Total Revenue5.49%3.40%4.43%4.74%14.82%5.38%4.04%3.16%3.24%1.48%1.66%1.20%1.18%1.70%1.68%1.62%1.90%1.79%1.88%1.78%2.08%2.52%3.17%5.37%3.67%3.26%3.02%

Balance Sheet

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.16B2.46B2.06B2.00B1.90B1.77B1.72B1.77B1.58B1.28B1.42B1.67B2.08B2.13B2.93B2.71B2.60B2.72B2.71B2.72B3.27B4.87B5.00B6.08B5.97B5.81B6.03B
Total Liabilities822.20M1.62B1.33B1.41B1.53B1.38B1.29B1.19B933.30M1.10B1.06B1.16B1.49B1.50B1.95B1.93B1.89B2.00B2.11B2.18B2.22B3.16B3.21B3.73B3.63B3.48B3.64B
Total Equity334.70M827.60M713.40M579.70M366.80M380.40M415.70M574.50M649.40M175.90M357.70M516.00M588.30M629.10M976.80M776.30M704.20M724.70M598.50M540.00M1.05B1.70B1.77B2.33B2.32B2.31B2.37B
Cash51.20M37.90M18.20M41.40M48.70M38.60M32.80M66.20M79.40M44.30M222.70M378.10M191.90M210.00M365.20M238.60M279.80M226.70M243.60M170.90M864.70M649.50M601.20M641.10M545.80M544.50M510.50M
Total Debt353.30M682.20M446.10M583.90M784.50M692.10M646.50M595.40M336.70M428.10M409.60M452.90M707.00M706.90M988.90M1.02B1.15B1.26B1.31B1.36B1.29B1.95B1.92B2.24B2.14B2.15B1.92B
Net Debt302.10M644.30M427.90M542.50M735.80M653.50M613.70M529.20M257.30M383.80M186.90M74.80M515.10M496.90M623.70M785.20M866.80M1.03B1.07B1.18B428.40M1.30B1.32B1.60B1.59B1.60B1.41B

Cash Flow

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow114.60M63.90M308.70M-31.30M-176.00M-27.00M63.70M111.70M67.20M72.50M229.70M140.80M72.50M106.90M109.00M208.40M227.20M221.30M202.40M253.70M301.70M221.60M233.80M398.40M201.60M256.80M301.60M
Investing Cash Flow-243.60M20.40M-74.90M-78.60M-12.90M111.90M-24.20M-16.80M215.30M-193.50M-26.20M-1.70M-422.50M-72.30M-60.10M-111.80M-106.50M-235.40M-119.40M-170.30M611.90M-1.43B-150.20M-504.00M-94.20M-120.60M-97.00M
Financing Cash Flow164.80M-97.20M-252.60M136.40M193.20M-94.10M-43.70M-63.40M-275.90M88.00M-25.70M15.70M163.90M-17.50M104.80M-218.40M-70.40M-34.00M-72.70M-148.10M-219.20M982.00M-114.60M166.40M-201.70M-120.90M-257.10M
Capital Expenditure60.10M62.70M80.20M75.10M28.70M23.40M32.10M41.10M43.40M42.50M31.70M39.50M54.10M57.40M76.40M92.80M91.20M84.20M79.60M76.00M81.70M63.70M100.60M105.50M119.40M121.90M106.60M
Free Cash Flow54.50M1.20M228.50M-106.40M-204.70M-50.40M31.60M70.60M23.80M30.00M198.00M101.30M18.40M49.50M32.60M115.60M136.00M137.10M122.80M177.70M220.00M157.90M133.20M292.90M82.20M134.90M195.00M
Dividends Paid11.80M14.90M22.90M22.70M-51.50M51.50M97.70M37.60M32.90M32.90M24.20M11.10M16.90M21.50M29.90M35.70M40.20M44.10M56.10M60.90M71.30M77.70M86.80M90.20M94.00M98.80M
FCF to OCF47.56%1.88%74.02%339.94%116.31%186.67%49.61%63.21%35.42%41.38%86.20%71.95%25.38%46.30%29.91%55.47%59.86%61.95%60.67%70.04%72.92%71.25%56.97%73.52%40.77%52.53%64.66%
Dividend Paid to FCF21.65%1241.67%10.02%-21.33%--102.18%162.97%138.39%157.98%109.67%16.62%23.89%60.33%34.14%65.95%25.87%26.25%29.32%35.91%31.57%27.68%45.16%58.33%29.63%109.73%69.68%50.67%

Earnings

Report DateApr 10, 1996Jul 18, 1996Oct 23, 1996Jan 29, 1997Apr 23, 1997Jul 23, 1997Oct 20, 1997Jan 28, 1998Apr 22, 1998Jul 22, 1998Oct 21, 1998Jan 27, 1999Apr 21, 1999Jul 21, 1999Oct 20, 1999Jan 26, 2000Apr 19, 2000Jul 26, 2000Oct 31, 2000Feb 1, 2001Apr 30, 2001Aug 1, 2001Oct 30, 2001Jan 30, 2002Apr 30, 2002Jul 30, 2002Oct 30, 2002Jan 30, 2003Apr 29, 2003Jul 29, 2003Oct 29, 2003Feb 4, 2004Apr 28, 2004Jul 28, 2004Oct 27, 2004Feb 3, 2005Apr 28, 2005Jul 28, 2005Oct 27, 2005Feb 7, 2006May 3, 2006Aug 2, 2006Nov 1, 2006Jan 30, 2007May 2, 2007Aug 7, 2007Oct 30, 2007Feb 6, 2008May 6, 2008Aug 7, 2008Nov 5, 2008Feb 5, 2009May 6, 2009Aug 6, 2009Nov 4, 2009Feb 4, 2010May 5, 2010Aug 2, 2010Nov 4, 2010Feb 3, 2011May 4, 2011Aug 3, 2011Oct 25, 2011Feb 17, 2012May 3, 2012Jul 31, 2012Oct 24, 2012Jan 29, 2013May 1, 2013Jul 30, 2013Oct 24, 2013Jan 28, 2014Apr 30, 2014Jul 21, 2014Oct 23, 2014Jan 27, 2015Apr 30, 2015Jul 27, 2015Oct 27, 2015Feb 3, 2016Apr 26, 2016Jul 27, 2016Oct 26, 2016Jan 27, 2017Apr 27, 2017Jul 25, 2017Oct 25, 2017Jan 26, 2018Apr 26, 2018Jul 24, 2018Oct 24, 2018Jan 29, 2019Apr 17, 2019Jul 25, 2019Oct 22, 2019Jan 28, 2020Apr 21, 2020Jul 22, 2020Nov 3, 2020Feb 9, 2021Apr 30, 2021Jul 30, 2021Oct 28, 2021Feb 8, 2022Apr 20, 2022Jul 26, 2022Nov 2, 2022Feb 15, 2023May 3, 2023Jul 27, 2023Nov 2, 2023Feb 14, 2024May 7, 2024Aug 6, 2024Oct 31, 2024Feb 13, 2025May 6, 2025Aug 1, 2025Nov 5, 2025Feb 12, 2026May 7, 2026Aug 6, 2026Nov 4, 2026
EPS Estimate0.290.330.320.300.340.370.370.350.340.280.200.130.120.210.220.210.220.190.26-0.12-0.17-0.040.03-0.05-0.030.070.15-0.20-0.04-0.05-0.04-0.070.000.170.160.020.120.200.090.060.220.300.170.060.080.090.110.070.090.120.100.04-0.020.000.050.080.150.200.230.150.210.290.270.140.260.330.310.210.260.350.340.250.390.500.480.340.470.580.530.420.490.610.560.370.540.630.550.390.640.710.620.410.650.730.430.300.440.270.460.470.720.810.680.550.950.920.610.240.550.600.570.470.680.720.630.480.760.780.690.550.810.890.80
EPS Actual0.290.330.330.320.330.380.360.340.340.290.200.050.170.230.220.210.230.190.10-0.15-0.130.010.03-0.06-0.010.070.14-0.16-0.03-0.04-0.04-0.070.030.270.13-0.010.160.190.050.130.330.310.230.050.080.100.140.090.080.120.130.08-0.040.130.140.140.190.250.280.170.300.310.260.180.290.370.330.210.310.370.360.260.440.510.490.360.460.570.540.390.560.630.560.380.590.630.580.410.680.710.620.410.640.740.440.340.480.280.540.520.890.870.700.580.990.980.590.390.630.630.570.520.760.760.650.490.760.800.700.560.830.96-
Surprise0.00%0.00%3.13%6.67%-2.94%2.70%-2.70%-2.86%0.00%3.57%0.00%-61.54%41.67%9.52%0.00%0.00%4.55%0.00%-61.54%-25.00%23.53%125.00%0.00%-20.00%66.67%0.00%-6.67%20.00%25.00%20.00%0.00%0.00%-58.82%-18.75%-150.00%33.33%-5.00%-44.44%116.67%50.00%3.33%35.29%-16.67%0.00%11.11%27.27%28.57%-11.11%0.00%30.00%100.00%-100.00%-180.00%75.00%26.67%25.00%21.74%13.33%42.86%6.90%-3.70%28.57%11.54%12.12%6.45%0.00%19.23%5.71%5.88%4.00%12.82%2.00%2.08%5.88%-2.13%-1.72%1.89%-7.14%14.29%3.28%0.00%2.70%9.26%0.00%5.45%5.13%6.25%0.00%0.00%0.00%-1.54%1.37%2.33%13.33%9.09%3.70%17.39%10.64%23.61%7.41%2.94%5.45%4.21%6.52%-3.28%62.50%14.55%5.00%0.00%10.64%11.76%5.56%3.17%2.08%0.00%2.56%1.45%1.82%2.47%7.87%-
Timing----Pre-marketPre-marketPre-marketPre-marketPre-market-------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap3.47B
Enterprise Value5.23B
Trailing P/E20.43
Forward P/E11.71
PEG Ratio1.22
Price / Sales1.04
Price / Book1.55
EPS1.85
Book Value26.57
Revenue (TTM)3.33B
Gross Profit (TTM)1.10B
EBITDA586.80M
Profit Margin5.10%
Operating Margin12.77%
Return on Equity7.11%
Return on Assets4.08%
Shares Outstanding91.72M
Shares Float91.07M
Beta1.29
Dividend Yield2.99%
Dividend Rate1.13
Payout Ratio36.07%

Analyst Ratings

Buy
Based on 7 analystsTarget 50.86
  • Strong Buy
    5
  • Hold
    2

Ownership Breakdown

Institutions
107.90%
Insiders
0.86%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    11.82M12.89%
  • Vanguard Portfolio Management, LLC
    5.69M6.20%
  • Dimensional Fund Advisors, Inc.
    5.26M5.74%
  • Vanguard Capital Management, LLC
    4.12M4.50%
  • State Street Corp
    3.85M4.19%
  • AllianceBernstein L.P.
    3.49M3.80%
  • Wellington Management Company LLP
    3.01M3.28%
  • Geode Capital Management, LLC
    2.51M2.73%
  • Channing Capital Management, LLC
    2.38M2.60%
  • Allspring Global Investments Holdings, LLC
    2.27M2.48%
  • Amvescap Plc.
    1.98M2.16%
  • Jennison Associates LLC
    1.86M2.03%
  • FMR Inc
    1.74M1.90%
  • Massachusetts Financial Services Company
    1.64M1.79%
  • Ameriprise Financial Inc
    1.58M1.73%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    3.26M3.56%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.92M3.18%
  • iShares Russell 2000 ETF
    2.42M2.64%
  • Vanguard Small Cap Index
    2.11M2.30%
  • Invesco Small Cap Value A
    1.71M1.86%

Dividends

20263×
0.28Sep 11, 20260.28Jun 18, 20260.28Mar 17, 2026
20254×
0.28Dec 12, 20250.27Sep 12, 20250.27Jun 20, 20250.27Mar 18, 2025
20244×
0.27Dec 13, 20240.26Sep 13, 20240.26Jun 21, 20240.26Mar 18, 2024
20234×
0.26Dec 14, 20230.25Sep 14, 20230.25Jun 15, 20230.25Mar 13, 2023
20224×
0.25Dec 15, 20220.24Sep 15, 20220.24Jun 16, 20220.24Mar 14, 2022
20214×
0.24Dec 16, 20210.21Sep 16, 20210.21Jun 17, 20210.21Mar 15, 2021
20201×
0.21Dec 17, 2020

Stock Splits

  • Jun 18, 19963:2