Avient (AVNT)
Formulates colorants, additives, engineered polymers, advanced composites and Dyneema performance fiber.
$41.01
vs last close−0.23 (−0.57%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 754 | 719 | 829 | 850 | 815 | 747 | 827 | 867 | 807 | 761 | 847 | 917 |
| Cost of revenue | 558 | 510 | 551 | 592 | 554 | 487 | 563 | 589 | 562 | 515 | 575 | 609 |
| Gross profit | 195 | 209 | 278 | 258 | 261 | 260 | 263 | 278 | 245 | 246 | 273 | 308 |
| 161 | 166 | 184 | 185 | 184 | 174 | 263 | 182 | 172 | 206 | 174 | 195 | |
| Research & development | 0 | 0 | 0 | 0 | 0 | 99 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, general & administrative | 161 | 166 | 184 | 185 | 184 | 174 | 263 | 182 | 172 | 173 | 174 | 0 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | −99 | 0 | 0 | 0 | 33 | 0 | 195 |
| Operating income | 34 | 43 | 94 | 73 | 77 | 86 | 1 | 96 | 73 | 40 | 99 | 112 |
| −29 | −23 | −28 | −28 | −27 | −22 | −27 | −25 | −30 | −15 | −26 | −23 | |
| Interest income | 0 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 30 | 37 | 27 | 27 | 27 | 26 | 27 | 34 | 33 | 23 | −22 | 22 |
| Other non-operating income | −11 | −4 | −9 | −9 | 0 | 16 | 0 | 1 | −4 | −33 | 48 | 1 |
| Income before tax | 5 | 21 | 67 | 45 | 50 | 63 | −27 | 71 | 43 | 25 | 72 | 89 |
| Income tax expense | 0 | −7 | 17 | 11 | 11 | 15 | −7 | 17 | 10 | 7 | 17 | 23 |
| Net income from continuing operations | 5 | 28 | 50 | 34 | 39 | 49 | −20 | 54 | 33 | 17 | 56 | 66 |
| Discontinued operations | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 5 | 29 | 49 | 34 | 38 | 48 | −20 | 53 | 33 | 17 | 56 | 67 |
| EPS, basic | $0.06 | $0.31 | $0.54 | $0.37 | $0.42 | $0.53 | −$0.22 | $0.57 | $0.36 | $0.18 | $0.61 | $0.71 |
| EPS, diluted | $0.06 | $0.31 | $0.54 | $0.36 | $0.41 | $0.52 | −$0.22 | $0.57 | $0.36 | $0.18 | $0.61 | $0.70 |
| Weighted average shares, basic | 91 | 91 | 91 | 91 | 91 | 91 | 92 | 92 | 92 | 92 | 92 | 92 |
| Weighted average shares, diluted | 92 | 92 | 92 | 92 | 92 | 92 | 92 | 92 | 92 | 92 | 92 | 92 |
| EBITDA | 130 | 92 | 151 | 148 | 122 | 90 | 46 | 142 | 123 | 120 | 98 | 113 |
| Depreciation & amortization | 85 | 44 | 48 | 66 | 45 | 20 | 45 | 47 | 47 | 47 | 48 | 2 |
| EBIT | 45 | 47 | 103 | 81 | 77 | 69 | 0 | 96 | 76 | 73 | 50 | 111 |
