Is the business good?
How good a business is AVNT?
Avient Corporation earns 6.0% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
6.0%
Return on invested capital · cost of capital 9.0% · 3.0 points below what the capital costs: growth destroys value
- Operating margin
- 9.1%
Operating margin · Specialty Chemicals median 9.1% · 12 months to Q1 2026
- Cash conversion
- 1.30×
Cash conversion · 1.39× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- +0.44%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 5.0% |
| FY2021 | 8.4% |
| FY2022 | 7.2% |
| FY2023 | 6.3% |
| FY2024 | 10% |
| FY2025 | 6.2% |
Details›
- Gross margin12 months to Q1 2026
- 31%
- Operating margin12 months to Q1 2026
- 9.1%
- Net margin12 months to Q1 2026
- 4.8%
- Free cash flow margin
- 6.3%
- Revenue, trailing twelve months
- $3.28B
- Free cash flow, trailing twelve months
- $205M
- Net income, trailing twelve months
- $158M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 6.0%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Specialty Chemicals
Ranks #14 of 36 by Smart Score