AVNTNYSEPlastic Materials, Synth Resins & Nonvulcan ElastomersFiscal year ends December 31
AVIENT CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$39.51+0.53 (+1.36%)
Close on Oct 19, 2026
- Market cap
- $3.64B
- P/E (TTM)
- 21.4
- Dividend yield
- 2.75%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
31.2%+1.4 pts over 5 years
Operating margin
6.2%+1.2 pts over 5 years
Net margin
2.5%−3.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +0.6% | -1.4% | +8.0% | +1.1% | |
| Gross profit | -3.9% | +4.8% | +9.0% | +4.5% | |
| Operating income | -38.2% | -5.8% | +12.8% | -2.3% | |
| Net income | -51.7% | -51.2% | -9.0% | -5.5% | |
| EPS, diluted | -51.6% | -51.1% | -9.3% | -5.9% | |
| Free cash flow | +44.6% | -12.7% | +4.3% | +2.7% | |
| Dividend per share | +4.1% | +4.2% | +5.8% | +10.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 23.1% | 9.6% | 3.5% | |
| Return on assets | 6.2% | 3.2% | 1.4% | |
| Current ratio | 1.86 | 2.00 | 1.66 | |
| Debt to equity | 1.74 | 1.10 | 0.81 | |
| Net debt to EBITDA | 2.80× | 5.47× | 3.63× | |
| Interest coverage | 4.5× | – | – | |
| Inventory turnover | 8.2× | 5.3× | 6.3× | |
| Capex to revenue | 2.9% | 2.9% | 3.3% | |
| Diluted shares | 85M | 91M | 92M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Avient generated $1.39B from operations and spent $1.04B on capital expenditure, dividends and share buybacks. 53% of that went back into the business.
Generated
$1.39B
Used
$1.04B
Capital expenditure$554.00M53%Dividends$447.50M43%Share buybacks$40.60M4%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.5%
×Asset turnover0.55×
×Equity multiplier2.52×
=Return on equity, FY20253.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.5% | 0.55× | 2.52× | 3.5% |
| FY2024 | 5.2% | 0.55× | 2.54× | 7.3% |
| FY2023 | 2.4% | 0.52× | 2.59× | 3.3% |
| FY2022 | 20.7% | 0.61× | 2.70× | 34.2% |
| FY2021 | 7.0% | 0.67× | 2.84× | 13.3% |
| FY2020 | 5.9% | 0.54× | 2.96× | 9.6% |
| FY2019 | 20.6% | 0.95× | 3.77× | 73.9% |
| FY2018 | 5.5% | 1.06× | 4.77× | 28.1% |
| FY2017 | -2.2% | 0.95× | 4.11× | -8.7% |
| FY2016 | 5.6% | 1.10× | 3.75× | 23.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$81.90M
- Cash generatingOperating cash flow above zero$301.60M
- Return on assets improvedROA up on the prior year2.8% → 1.4%
- Earnings backed by cashOperating cash flow above net income$301.60M vs $81.90M
- Less leverageLong-term debt to assets fell35.4% → 31.9%
- Better liquidityCurrent ratio rose1.88 → 1.66
- No dilutionShare count did not rise92M → 92M
- Gross margin improvedGross margin up on the prior year32.61% → 31.15%
- More efficientAsset turnover rose0.54 → 0.56