Tearsheet

Avient (AVNT)

Market Price (12/4/2025): $31.3 | Market Cap: $2.9 Bil
Sector: Materials | Industry: Specialty Chemicals

Avient (AVNT)

Market Price (12/4/2025): $31.3
Market Cap: $2.9 Bil
Sector: Materials
Industry: Specialty Chemicals

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.0%, Dividend Yield is 3.2%, FCF Yield is 5.0%	Weak multi-year price returns 2Y Excs Rtn is -55%, 3Y Excs Rtn is -69%	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 51%
1	Low stock price volatility Vol 12M is 40%		Weak revenue growth Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.6%, Rev Chg QQuarterly Revenue Change % is -1.1%
2	Megatrend and thematic drivers Megatrends include Advanced Materials, and Circular Economy & Recycling. Themes include Lightweight Composites, Specialty Chemicals for Performance, Show more.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.0%, Dividend Yield is 3.2%, FCF Yield is 5.0%
1	Low stock price volatility Vol 12M is 40%
2	Megatrend and thematic drivers Megatrends include Advanced Materials, and Circular Economy & Recycling. Themes include Lightweight Composites, Specialty Chemicals for Performance, Show more.
3	Weak multi-year price returns 2Y Excs Rtn is -55%, 3Y Excs Rtn is -69%
4	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 51%
5	Weak revenue growth Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.6%, Rev Chg QQuarterly Revenue Change % is -1.1%

Valuation, Metrics & Events

	12/4/25	2024	2023	2022	2021
Share Price CYE	$31.30	$39.98	$39.73	$31.44	$50.89
Market Cap CYE ($ Bil)	2.9	3.7	3.6	2.9	4.7
Total Debt ($ Bil)	2.0	2.1	2.1	2.2	1.9
Total Cash ($ Bil)	0.4	0.5	0.5	0.6	0.6
Enterprise Value ($ Bil)	4.4	5.8	5.7	5.1	6.6
Valuation Ratios
P/S TTM	0.9	1.1	1.2	0.9	1.5
P/EBIT TTM	12.0	11.3	18.7	16.8	18.4
P/E TTM	26.6	22.0	50.0	4.4	22.2
Sector Ratios
P/S TTM (Sector)	0.0	0.0	0.0	0.0	0.0
P/EBIT TTM (Sector)	0.0	0.0	0.0	0.0	0.0
P/E TTM (Sector)	0.0	0.0	0.0	0.0	0.0

	12/4/25	2024	2023
Share Price CYE	$31.30	$39.98	$39.73
Market Cap CYE ($ Bil)	2.9	3.7	3.6
Total Debt ($ Bil)	2.0	2.1	2.1
Total Cash ($ Bil)	0.4	0.5	0.5
Enterprise Value ($ Bil)	4.4	5.8	5.7
Valuation Ratios
P/S TTM	0.9	1.1	1.2
P/EBIT TTM	12.0	11.3	18.7
P/E TTM	26.6	22.0	50.0
Sector Ratios
P/S TTM (Sector)	0.0	0.0	0.0
P/EBIT TTM (Sector)	0.0	0.0	0.0
P/E TTM (Sector)	0.0	0.0	0.0

	AVNT	S&P 500
REVENUE GROWTH	VERY POOR
Rev LTM ($ Bil)	3.2
Rev Chg Q	-1.1%	7.1%
Rev Chg LTM	1.0%	6.1%
Rev Chg 3Y Avg	-1.6%	5.5%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	0.2
CFO LTM ($ Bil)	0.3
Net Inc LTM ($ Bil)	0.1
Op Mgn LTM	7.7%	18.8%
CFO/Rev LTM	7.9%	20.5%
Net Inc Mgn	3.5%	13.1%
VALUATION	MODERATE
P/S	0.9	3.2
P/CFO	11.8	15.8
P/FCF	20.0	20.5
P/E	26.6	23.5
STABILITY	FAIR
Debt/Equity	0.65	0.20
Cash/Assets	0.07	0.07

AI Generated Analysis | Feedback

Metric	Value	Date	Source
Number of Employees	9200	12312024	Link
Total Patent Families	446	6302025	Link
Greenhouse Gas Emissions Reduction (Scope 1 and 2 vs. 2019 baseline)	52%	8282025	Link
Renewable Energy Sourcing	61%	8282025	Link
Waste-to-Landfill Intensity Reduction	5%	8282025	Link
Sustainable Sourcing (suppliers representing total spend assessed for sustainability alignment)	75%	8282025	Link
Total Recordable Incident Rate (TRIR)	0.40 per 100 employees	12312024	Link
Number of Manufacturing Sites	102	12012023	Link
Vitality Index (revenue from products introduced in the last five years)	37%	10022020	Link

Recent
11/05/2025	Earnings Release	Rev: $806 Mil (A) vs. $750 Mil (E) EPS: 0.70 (A) vs. $0.69 (E)
Upcoming
12/12/2025	Dividend	Amount: $0.28 Payment On: 1/07/2026
2/12/2026	Earnings Release	Rev: - EPS: -

AVNT Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

1. Avient's Q3 2025 earnings reported mixed results, with revenue falling short of expectations. On November 5, 2025, Avient Corporation reported its third-quarter 2025 earnings, where the adjusted earnings per share (EPS) of $0.70 slightly surpassed the forecast of $0.69. However, the company's revenue of $807 million fell short of the anticipated $822.57 million, leading to a 2.46% decline in its stock price in pre-market trading due to investor concerns over the revenue miss.

2. Several analysts downgraded their ratings or reduced price targets for Avient. Robert W. Baird reduced their price target on Avient shares from $43.00 to $37.00 and maintained a "neutral" rating on August 4, 2025. Additionally, Zacks Research cut Avient from a "hold" rating to a "strong sell" rating on November 6, 2025.

Stock Movement Drivers

Fundamental Drivers

The -13.8% change in AVNT stock from 9/3/2025 to 12/3/2025 was primarily driven by a -9.4% change in the company's P/E Multiple.

	9032025	12032025	Change
Stock Price ($)	36.31	31.31	-13.76%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	3254.80	3246.10	-0.27%
Net Income Margin (%)	3.65%	3.49%	-4.45%
P/E Multiple	27.94	25.31	-9.40%
Shares Outstanding (Mil)	91.50	91.60	-0.11%
Cumulative Contribution			-13.76%

LTM = Last Twelve Months as of date shown

Market Drivers

9/3/2025 to 12/3/2025

	Return	Correlation
AVNT	-13.8%
Market (SPY)	6.2%	49.1%
Sector (XLB)	-2.2%	74.2%

Fundamental Drivers

The -12.8% change in AVNT stock from 6/4/2025 to 12/3/2025 was primarily driven by a -23.1% change in the company's P/E Multiple.

	6042025	12032025	Change
Stock Price ($)	35.92	31.31	-12.84%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	3238.00	3246.10	0.25%
Net Income Margin (%)	3.09%	3.49%	13.13%
P/E Multiple	32.90	25.31	-23.06%
Shares Outstanding (Mil)	91.50	91.60	-0.11%
Cumulative Contribution			-12.84%

LTM = Last Twelve Months as of date shown

Market Drivers

6/4/2025 to 12/3/2025

	Return	Correlation
AVNT	-12.8%
Market (SPY)	15.1%	39.2%
Sector (XLB)	1.6%	69.7%

Fundamental Drivers

The -37.3% change in AVNT stock from 12/3/2024 to 12/3/2025 was primarily driven by a -25.1% change in the company's Net Income Margin (%).

	12032024	12032025	Change
Stock Price ($)	49.95	31.31	-37.32%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	3212.90	3246.10	1.03%
Net Income Margin (%)	4.66%	3.49%	-25.14%
P/E Multiple	30.44	25.31	-16.85%
Shares Outstanding (Mil)	91.30	91.60	-0.33%
Cumulative Contribution			-37.32%

LTM = Last Twelve Months as of date shown

Market Drivers

12/3/2024 to 12/3/2025

	Return	Correlation
AVNT	-37.3%
Market (SPY)	14.3%	68.5%
Sector (XLB)	-4.3%	80.3%

Fundamental Drivers

The -5.0% change in AVNT stock from 12/4/2022 to 12/3/2025 was primarily driven by a -36.8% change in the company's Net Income Margin (%).

	12042022	12032025	Change
Stock Price ($)	32.95	31.31	-4.98%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	3413.50	3246.10	-4.90%
Net Income Margin (%)	5.52%	3.49%	-36.76%
P/E Multiple	15.90	25.31	59.21%
Shares Outstanding (Mil)	90.90	91.60	-0.77%
Cumulative Contribution			-4.99%

LTM = Last Twelve Months as of date shown

Market Drivers

12/4/2023 to 12/3/2025

	Return	Correlation
AVNT	-6.8%
Market (SPY)	53.2%	64.8%
Sector (XLB)	11.8%	77.1%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
AVNT Return	13%	41%	-38%	26%	1%	-24%	-5%
Peers Return	13%	33%	-33%	-1%	19%	13%	33%
S&P 500 Return	16%	27%	-19%	24%	23%	16%	112%
Monthly Win Rates [3]
AVNT Win Rate	67%	67%	50%	42%	58%	30%
Peers Win Rate	43%	48%	28%	37%	37%	36%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
AVNT Max Drawdown	-72%	-5%	-49%	-6%	-14%	-31%
Peers Max Drawdown	-46%	-2%	-46%	-27%	-31%	-21%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: FUL, GEVO, FSI, LOOP, VRDE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

Unique Key	Event	AVNT	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-53.9%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	117.0%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-72.5%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	263.2%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	251 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-46.4%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	86.6%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	645 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-85.3%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	579.9%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	375 days	1480 days

Compare to FUL, GEVO, FSI, LOOP, VRDE

In The Past

Avient's stock fell -53.9% during the 2022 Inflation Shock from a high on 11/17/2021. A -53.9% loss requires a 117.0% gain to breakeven.

Preserve Wealth

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Asset Allocation

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About Avient (AVNT)

Avient Corporation provides specialized formulator, services, and sustainable material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates through three segments: Color, Additives and Inks; Specialty Engineered Materials; and Distribution. The Color, Additives and Inks segment offers specialized color and additive concentrates in solid and liquid form for thermoplastics; dispersions for thermosets; and specialty inks. This segment products are used in various markets include medical, pharmaceutical devices, food packaging, personal care, cosmetics, transportation, building products, recreational, athletic apparel, construction, filtration, outdoor furniture, healthcare, wire, and cable. The Specialty Engineered Materials segment provides specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials; and long glass and carbon fiber technology to thermoset and thermoplastic composites. The Distribution segment distributes approximately 4,000 grades of engineering and commodity grade resins to custom injection molders and extruders. The company 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.

AI Generated Analysis | Feedback

Here are 1-2 brief analogies for Avient (AVNT):

The 3M of specialized polymer solutions. (Like 3M, Avient innovates in materials science to provide diverse, specialized solutions across industries, but with a focus on polymers.)
A modern DuPont focused on high-performance plastics. (Similar to DuPont's legacy in creating groundbreaking materials, Avient specializes in developing and supplying advanced, custom-engineered plastic and composite materials.)

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Specialty Engineered Materials: Custom-formulated polymer solutions, composites, and advanced materials designed for specific performance requirements.
Color & Additive Concentrates: Masterbatches and compounds that provide color, enhance performance, or add functionality to plastic products.
Thermoplastic Distribution: Distribution of a wide range of prime thermoplastic resins from leading producers to various industrial processors.

AI Generated Analysis | Feedback

Avient (symbol: AVNT) primarily sells its specialized polymer materials, composites, and colorants to other companies (B2B) across a wide range of industries.

Due to its highly diversified customer base, Avient does not publicly disclose specific major customer companies. According to its SEC filings, no single customer accounts for 10% or more of its net sales, and its top 10 customers collectively represent a relatively small portion of total revenue. Therefore, instead of naming specific companies, the major customers of Avient can be categorized by the industries whose manufacturers utilize Avient's products as key components or materials. These industries include, but are not limited to:

Automotive manufacturers: Companies producing vehicles and vehicle components that use Avient's materials for various interior, exterior, and under-the-hood applications.
Consumer Goods manufacturers: Producers of appliances, personal care products, sports and leisure items, and various packaging solutions for consumer products.
Building & Construction companies: Manufacturers creating materials for infrastructure, such as piping systems, window profiles, flooring, and insulation.
Healthcare and Medical Device companies: Enterprises developing medical devices, pharmaceutical packaging, and diagnostic equipment.
Electrical & Electronics manufacturers: Companies that produce wire & cable, connectors, and housings for electronic devices and components.

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Ashish K. Khandpur, Chairman, President and Chief Executive Officer

Dr. Ashish K. Khandpur was appointed President and Chief Executive Officer of Avient in December 2023, and Chairman of the Board in May 2025. He joined Avient after a nearly three-decade career at 3M, where he held various R&D and technology roles, eventually becoming Chief Technology Officer. He also led several of 3M's businesses, most recently serving as Group President of 3M's Transportation and Electronics Business, which generated approximately $8.9 billion in revenue in 2022. Dr. Khandpur holds undergraduate and doctorate degrees in chemical engineering.

Jamie A. Beggs, Senior Vice President, Chief Financial Officer

Jamie A. Beggs joined Avient in August 2020 as Senior Vice President, Chief Financial Officer. She has over 20 years of experience in financial leadership within both public and private organizations, with a focus on specialty materials and diverse end markets. Prior to Avient, Ms. Beggs served as Chief Financial Officer of Hunt Consolidated, Inc., a diversified holding company. Before that, she spent 10 years at Celanese Corporation in various finance and business leadership positions, including Corporate Vice President and Treasurer, and Chief Financial Officer of the Materials Solutions business. She began her career at PricewaterhouseCoopers LLP and holds Bachelor's and Master's degrees in Accounting from the University of Texas at Austin. Ms. Beggs also serves on the Board of Directors of International Paper (NYSE: IP).

Philip G. Clark, Ph.D., Senior Vice President, Chief Technology Officer

Dr. Philip G. Clark is Senior Vice President, Chief Technology Officer, for Avient Corporation. He is responsible for developing and executing Avient's long-term innovation strategy. Dr. Clark joined Avient in 2024 from Nouryon, a global specialty chemicals organization, where he served as Chief Technology Officer. Before Nouryon, he spent 17 years at 3M, leading R&D efforts in corporate innovation and business segments, including an international assignment in South Korea. He served as 3M's Vice President for Research and Development for the Automotive and Aerospace Solutions division. Dr. Clark holds a Ph.D. and Master's degree in Physical Chemistry from Harvard University and a Bachelor's degree with a dual major in Chemistry and Biology from Bates College.

Kristen Gajewski, Senior Vice President, Chief Human Resources Officer

Kristen Gajewski is Senior Vice President, Chief Human Resources Officer at Avient Corporation, a role she has held since 2023. She has global responsibility for the Human Resources function. Ms. Gajewski joined Avient in July 2013 from AkzoNobel/PPG and has held multiple roles with increasing responsibility within Human Resources, including HR Director for Avient's Color, Additives & Inks business segment and an international assignment with responsibility for the EMEA and India regions. She also led Avient's learning and organizational development programs, talent management, and acquisition. Ms. Gajewski holds a Bachelor of Arts degree in Organizational Psychology from Bowling Green State University.

David Schneider, Senior Vice President, President of Specialty Engineered Materials

David Schneider is Senior Vice President and President, Specialty Engineered Materials, for Avient Corporation. He joined Avient in 2025 and has over three decades of experience in specialty materials and businesses, including semiconductors, automotive aftermarket, electronics, healthcare, and industrial markets. Mr. Schneider previously served as Global Vice President for the Electronics Materials Solutions Division at 3M, where he led strategic growth and operational performance across a complex global portfolio. He began his career in 1993 at 3M in process engineering and manufacturing roles, progressing into product management, business development, and acquisition integration positions. Mr. Schneider holds a Bachelor of Science in Mechanical Engineering from North Dakota State University and is a certified Lean Six Sigma Master Black Belt.

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Avient (AVNT) operates primarily in two main product segments: Specialty Engineered Materials and Color, Additives, and Inks.

Specialty Engineered Materials

The addressable market for specialty engineered materials, which encompass specialty polymers, is substantial and global. The global specialty polymers market size was estimated at USD 185.10 billion in 2024 and is projected to reach USD 362.31 billion by 2033. Another estimate places the global market at USD 199.5 billion in 2025, with an expected growth to USD 422.9 billion by 2035. Avient itself has stated its addressable market within Global Specialty Engineered Materials to be greater than $15 billion.

Color, Additives, and Inks

This segment's addressable market can be broadly covered by the global masterbatch market. The global masterbatch market was valued at USD 6.88 billion in 2024 and is expected to reach USD 11.03 billion by 2032. Other sources estimate the global masterbatch market at USD 12.41 billion in 2025, projected to reach USD 15.49 billion by 2030. A specific component of this segment, the additive masterbatch market, is projected to grow from USD 2.15 billion in 2025 to USD 2.87 billion by 2030 globally.

AI Generated Analysis | Feedback

Avient (AVNT) is expected to drive future revenue growth over the next 2-3 years through a combination of strategic initiatives and market-specific opportunities:

Innovation and Growth in Healthcare and Defense Portfolios: Avient anticipates continued strong performance and growth in its healthcare and defense sectors, driven by innovative product offerings in areas such as medical devices and telecommunications.
Productivity Initiatives and Margin Expansion: The company's strategic focus on enhanced productivity, cost control, and portfolio prioritization is expected to continue driving margin expansion and earnings growth. These efficiencies enable Avient to remain competitive and support sustainable investments in growth areas.
Growth in Key Geographic Markets and End Markets: Avient has experienced strong organic growth in regions such as Latin America and Asia, particularly within the packaging and consumer markets. Additionally, the demand for composite materials in the building and construction market is contributing to revenue growth in the US and Canada.
Launch and Adoption of New Products: The successful launch and adoption of recently introduced innovative products, especially within the healthcare and defense markets, are expected to fuel future revenue.

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Share Repurchases

Avient's Board of Directors authorized a common share repurchase program, which was increased by an additional 5.0 million shares on December 9, 2020.
As of December 31, 2024, approximately 5.0 million shares remained available for purchase under these authorizations with no expiration.
Share repurchases have been on hold as the company focuses on deleveraging, with potential resumption expected once the net debt-to-EBITDA ratio reaches approximately 2.5x, possibly in the latter half of 2026.

Share Issuance

Avient used $496.1 million in net proceeds from the issuance of common shares to help finance the acquisition of the Clariant Masterbatches business in 2020.
The 2020 Equity and Incentive Compensation Plan initially reserved 2.5 million common shares for various share-based awards, with an additional 2.5 million common shares approved in May 2023.
The number of outstanding common shares was 91,563,628 as of September 30, 2025.

Outbound Investments

Avient acquired the Clariant Color business on July 1, 2020, for $1.4 billion, net of cash.
The company acquired DSM Protective Materials in 2022 for $1.485 billion, financed through debt and cash on hand.

Capital Expenditures

Capital expenditures are forecast to be approximately $110 million for 2025.
In 2023, estimated capital expenditures were approximately $150 million, primarily to support sales growth, continued investment in recent acquisitions, and other strategic investments.
Capital expenditures were estimated at $90 million in 2022, excluding amounts for IT system upgrades and synergy capture.

Better Bets than Avient (AVNT)

	AVNT	Better Performance than AVNT
Metric	Value	INDUSTRY: Specialty Chemicals
Rev Chg LTM	1.0%	DD (14.0%), PPG (8.5%), BCPC (7.6%), ESI (3.9%), RPM (3.1%)
Rev Chg 3Y Avg	-1.6%	ALB (6.2%), ECL (5.2%), RPM (2.5%), SHW (2.4%), DD (1.3%)
Op Mgn LTM	7.7%	ECL (17.3%), DD (15.9%), SHW (15.8%), PPG (13.8%), IFF (7.9%)
CFO/Rev LTM	7.9%	ECL (16.7%), DD (15.3%), SHW (14.2%), PPG (8.9%), IFF (8.3%)
FCF/Rev LTM	4.7%	NEU (19.9%), SHW (10.4%), ECL (10.0%), DD (9.7%), RPM (6.9%)
Total Yield	7.0%	LYB (12.7%), EMN (12.3%), AXTA (7.4%), ODC (7.3%), SCL (7.3%)
P/S	0.9	CLMT (0.3), LYB (0.4), CE (0.5), EMN (0.8), WLK (0.9)
P/Op Inc	12.1	CE (5.4), EMN (6.1), AXTA (8.1), LYB (10.4), PPG (10.9)

	AVNT	Better Performance than AVNT
Metric	Value	SECTOR: Materials
Rev Chg LTM	1.0%	AEM (35.2%), NEM (26.6%), SCCO (12.7%), CRH (4.3%), LIN (1.3%)
Rev Chg 3Y Avg	-1.6%	AEM (26.0%), NEM (23.9%), SCCO (7.1%), SHW (2.4%), LIN (0.6%)
Op Mgn LTM	7.7%	SCCO (50.3%), AEM (49.4%), NEM (43.5%), LIN (26.9%), SHW (15.8%)
CFO/Rev LTM	7.9%	AEM (55.2%), NEM (42.9%), SCCO (37.4%), LIN (29.8%), SHW (14.2%)
FCF/Rev LTM	4.7%	AEM (34.5%), NEM (28.5%), SCCO (28.2%), LIN (15.2%), SHW (10.4%)
Total Yield	7.0%	AU (11.3%), NTR (10.1%), B (9.2%), NEM (9.0%), TECK (7.0%)
P/S	0.9	DOW (0.4), LYB (0.4), AA (0.7), SW (0.7), CCK (0.9)
P/Op Inc	12.1	B (6.7), FCX (8.1), AU (8.3), NEM (9.9), KGC (11.6)

	AVNT	Better Performance than AVNT
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	1.0%	NVDA (71.6%), MSFT (15.6%), GOOGL (13.4%), AMZN (10.9%), AAPL (6.0%)
Rev Chg 3Y Avg	-1.6%	NVDA (92.0%), MSFT (13.2%), AMZN (11.3%), GOOGL (11.0%), AAPL (1.8%)
Op Mgn LTM	7.7%	NVDA (58.1%), MSFT (46.3%), GOOGL (32.2%), AAPL (31.9%), AMZN (11.4%)
CFO/Rev LTM	7.9%	MSFT (50.0%), NVDA (46.6%), GOOGL (39.3%), AAPL (26.6%), AMZN (18.1%)
FCF/Rev LTM	4.7%	NVDA (43.6%), AVGO (41.6%), MSFT (26.6%), AAPL (23.5%), GOOGL (19.1%)
Total Yield	7.0%	XOM (10.3%), JNJ (8.4%), UNH (8.1%), BAC (7.7%), KO (7.5%)
P/S	0.9	CVS (0.2), MCK (0.2), UNH (0.7), UPS (0.8), DELL (0.8)
P/Op Inc	12.1	VZ (5.9), T (8.3), MRK (9.4), PFE (9.4), UNH (11.9)

		Best Bets In Materials Sector
	AVNT
What You Pay
P/E	26.6
P/EBIT	12.0
What You Get
Rev Chg Q	-1.1%
Rev Chg LTM	1.0%
Rev Chg 3Y Avg	-1.6%
FCF/Rev 3Y Avg	4.2%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 11%, alpha of 1.8%, and sharpe of 0.46

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2	Would You Still Hold Avient Stock If It Fell Another 30%?	Return
3	Avient vs UnitedHealth: Which Is A Better Investment?	Counter-Intuitive Comparisons
4	Avient vs Newmont: Which Is A Better Investment?	Counter-Intuitive Comparisons
5	Avient vs NewMarket: Which Is A Better Investment?	Counter-Intuitive Comparisons
6	null
7	Better Bet Than AVNT Stock: Pay Less Than Avient To Get More From UNH, MRK
8	Better Bet Than AVNT Stock: Pay Less Than Avient To Get More From AA, NEU
9	Better Bet Than AVNT Stock: Pay Less Than Avient To Get More From NEU
10	Why Avient Stock Moved: AVNT Stock Has Lost 42% Since 2021 Fiscal End, Primarily Due To Unfavorable Change In Price To Sales Multiple (P/S)

	Title
0	ARTICLES

Trade Ideas

Select past ideas related to AVNT. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
DD_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11212025	DD	DuPont de Nemours	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	3.1%	3.1%	-0.2%
CF_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	CF	CF Industries	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	0.5%	0.5%	-1.1%
HL_11212025_Quality_Momentum_RoomToRun_10%	11212025	HL	Hecla Mining	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	30.9%	30.9%	0.0%
CDE_11072025_Dip_Buyer_ValueBuy	11072025	CDE	Coeur Mining	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	12.7%	12.7%	-5.7%
ATR_10312025_Dip_Buyer_ValueBuy	10312025	ATR	AptarGroup	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	4.8%	4.8%	-2.5%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
DD_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11212025	DD	DuPont de Nemours	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	3.1%	3.1%	-0.2%
CF_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	CF	CF Industries	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	0.5%	0.5%	-1.1%
HL_11212025_Quality_Momentum_RoomToRun_10%	11212025	HL	Hecla Mining	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	30.9%	30.9%	0.0%
CDE_11072025_Dip_Buyer_ValueBuy	11072025	CDE	Coeur Mining	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	12.7%	12.7%	-5.7%
ATR_10312025_Dip_Buyer_ValueBuy	10312025	ATR	AptarGroup	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	4.8%	4.8%	-2.5%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
OLMA	Olema Pharmaceuticals	2.3	223.6%	367.4%
COGT	Cogent Biosciences	5.4	152.6%	402.1%
CDTX	Cidara Therapeutics	5.9	115.1%	722.1%
IRWD	Ironwood Pharmaceuticals	0.6	100.5%	-15.8%
TERN	Terns Pharmaceuticals	2.5	95.9%	396.2%
FRGE	Forge Global	0.6	90.3%	217.8%
SGML	Sigma Lithium	1.1	87.3%	-10.6%
INSP	Inspire Medical Systems	4.0	82.8%	-27.3%
NPCE	NeuroPace	0.6	77.2%	48.9%
ALMS	Alumis	0.6	71.9%	-0.3%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
UP	Wheels Up Experience	0.4	-52.7%	-62.4%
CCOI	Cogent Communications	0.9	-51.9%	-72.9%
SMR	NuScale Power	3.0	-50.7%	12.3%
FRMI	Fermi	10.3	-47.5%
AMSC	American Superconductor	1.4	-47.2%	30.1%
TLRY	Tilray Brands	7.5	-46.1%	-46.9%
BTDR	Bitdeer Technologies	2.4	-44.8%	-41.8%
EXOD	Exodus Movement	0.4	-43.1%	-53.3%
STUB	Stubhub	3.5	-39.8%
METC	Ramaco Resources	1.0	-39.4%	66.9%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

Peer Comparisons for Avient

Peers to compare with:

Financials

	AVNT	FUL	GEVO	FSI	LOOP	VRDE	Median
Name	Avient	H.B. Ful.	Gevo	Flexible.	Loop Ind.	Verde Bi.
Mkt Price	31.31	58.92	2.33	6.83	1.07	-	6.83
Mkt Cap	2.9	3.2	0.5	0.1	0.1	-	0.5
Rev LTM	3,246	3,502	80	37	11	-	80
Op Inc LTM	250	349	-49	6	-1	-	6
FCF LTM	151	121	-92	0	-1	-	0
FCF 3Y Avg	137	220	-109	1	-16	-	1
CFO LTM	256	242	-56	5	-1	-	5
CFO 3Y Avg	256	348	-55	6	-14	-	6

Growth & Margins

	AVNT	FUL	GEVO	FSI	LOOP	VRDE	Median
Name	Avient	H.B. Ful.	Gevo	Flexible.	Loop Ind.	Verde Bi.
Rev Chg LTM	1.0%	-1.3%	341.8%	-1.5%	11,012.0%	-	1.0%
Rev Chg 3Y Avg	-1.6%	-1.7%	729.7%	-2.0%	3,661.4%	-	-1.6%
Rev Chg Q	-1.1%	-2.8%	725.3%	8.0%	-100.0%	-	-1.1%
QoQ Delta Rev Chg LTM	-0.3%	-0.7%	90.8%	2.3%	-0.2%	-	-0.2%
Op Mgn LTM	7.7%	10.0%	-60.6%	16.0%	-13.3%	-	7.7%
Op Mgn 3Y Avg	7.1%	10.5%	-494.2%	12.9%	-13,399.3%	-	7.1%
QoQ Delta Op Mgn LTM	-0.3%	0.2%	126.0%	3.2%	16.5%	-	3.2%
CFO/Rev LTM	7.9%	6.9%	-70.4%	13.4%	-8.5%	-	6.9%
CFO/Rev 3Y Avg	7.9%	9.8%	-303.8%	14.1%	-12,027.4%	-	7.9%
FCF/Rev LTM	4.7%	3.5%	-114.6%	1.0%	-10.9%	-	1.0%
FCF/Rev 3Y Avg	4.2%	6.2%	-691.7%	3.4%	-13,970.5%	-	3.4%

Valuation

	AVNT	FUL	GEVO	FSI	LOOP	VRDE	Median
Name	Avient	H.B. Ful.	Gevo	Flexible.	Loop Ind.	Verde Bi.
Mkt Cap	2.9	3.2	0.5	0.1	0.1	-	0.5
P/S	0.9	0.9	3.8	1.6	6.4	-	1.6
P/EBIT	12.0	10.6	-6.4	10.5	-6.4	-	10.5
P/E	26.6	28.5	-5.3	20.2	-6.1	-	20.2
P/CFO	11.8	13.5	-5.4	12.3	-74.4	-	11.8
Total Yield	7.0%	4.7%	-19.0%	5.0%	-16.5%	-	4.7%
Dividend Yield	3.2%	1.1%	0.0%	0.0%	0.0%	-	0.0%
FCF Yield 3Y Avg	3.9%	5.7%	-49.1%	4.4%	-12.5%	-	3.9%
D/E	0.7	0.6	0.6	0.1	0.0	-	0.6
Net D/E	0.5	0.6	0.4	-0.0	-0.1	-	0.4

Returns

	AVNT	FUL	GEVO	FSI	LOOP	VRDE	Median
Name	Avient	H.B. Ful.	Gevo	Flexible.	Loop Ind.	Verde Bi.
1M Rtn	-2.4%	2.7%	2.6%	-23.0%	-35.2%	-	-2.4%
3M Rtn	-13.8%	0.3%	42.9%	-31.1%	-32.3%	-	-13.8%
6M Rtn	-12.8%	6.0%	104.4%	56.7%	-31.8%	-	6.0%
12M Rtn	-37.3%	-21.4%	57.4%	78.7%	-22.7%	-	-21.4%
3Y Rtn	-5.0%	-23.8%	8.9%	130.6%	-61.1%	-	-5.0%
1M Excs Rtn	-2.4%	2.7%	2.7%	-23.0%	-35.1%	-	-2.4%
3M Excs Rtn	-20.8%	-8.8%	37.6%	-36.8%	-41.7%	-	-20.8%
6M Excs Rtn	-27.6%	-8.7%	89.7%	41.9%	-46.6%	-	-8.7%
12M Excs Rtn	-50.8%	-35.7%	27.7%	54.9%	-41.3%	-	-35.7%
3Y Excs Rtn	-69.3%	-94.3%	-55.1%	68.2%	-132.9%	-	-69.3%

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	9/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	11/5/2025	2/18/2025	2/20/2024	2/22/2023	2/22/2022	2/25/2021	2/19/2020
Key Financials
Total Revenue	3,246	3,240	3,143	3,397	3,316	3,242	2,863
EBITDA	436	510	391	347	425	329	256
Operating Income	250	329	197	243	280	189	157
Net Income	113	170	76	703	231	132	589
EPS	1.24	1.86	0.83	7.71	2.53	1.46	7.62
Growth Rates
Total Revenue Growth	1.0%	3.1%	-7.5%	2.5%	2.3%	13.3%	-0.6%
EBITDA Growth	-6.8%	30.3%	12.9%	-18.3%	29.2%	28.2%	0.1%
Operating Income Growth	-13.0%	67.3%	-19.1%	-13.0%	47.8%	20.7%	-12.2%
Net Income Growth	-24.4%	123.9%	-89.2%	204.6%	75.4%	-77.6%	268.3%
Margins
EBITDA Margin	13.4%	15.7%	12.5%	10.2%	12.8%	10.1%	9.0%
Operating Income Margin	7.7%	10.2%	6.3%	7.2%	8.4%	5.8%	5.5%
Net Income Margin	3.5%	5.2%	2.4%	20.7%	7.0%	4.1%	20.6%
Cash & Debt
Total Cash	446	544	546	641	601	650	865
Total Debt	1,972	2,149	2,140	2,237	1,917	1,954	1,293
Net Debt / (Cash)	1,526	1,604	1,594	1,596	1,316	1,304	428
Cash Flows
Net Cash from Operations	256	257	202	398	234	222	301
Free Cash from Operations	151	135	82	293	133	158	219
Returns to Shareholders
Dividends	98	94	90	87	78	71	60
Share Repurchases	-0	-0	-0	36	4	22	27

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	11/5/2025	8/1/2025	5/6/2025	2/18/2025	11/5/2024	8/6/2024	5/7/2024	2/20/2024	11/2/2023	7/27/2023	5/3/2023	2/22/2023
Key Financials Quarterly
Total Revenue	806	866	827	746	815	850	829	719	754	824	846	790
Ebitda	114	142	46	134	122	116	137	92	82	110	108	21
Operating Income	67	96	1	86	77	72	94	43	34	62	57	0
Net Income	33	53	-20	48	38	34	49	29	5	22	20	544
EPS	0.36	0.57	-0.22	0.53	0.42	0.37	0.54	0.31	0.06	0.24	0.22	5.98
Key Financials TTM
Total Revenue TTM	3,246	3,255	3,238	3,240	3,213	3,151	3,126	3,143	3,214	3,284	3,350	3,397
Ebitda TTM	436	444	418	510	468	427	420	391	320	287	316	347
Operating Income TTM	250	260	236	329	287	244	234	197	154	160	198	243
Net Income TTM	113	119	100	170	150	117	105	76	592	576	639	703
Growth Rates Quarterly
Total Revenue Growth	-1.1%	2.0%	-0.3%	3.8%	8.2%	3.1%	-2.0%	-9.0%	-8.5%	-7.5%	-5.2%	-2.1%
EBITDA Growth	-6.6%	22.1%	-66.8%	46.3%	49.3%	6.2%	26.9%	340.9%	69.2%	-20.6%	-22.3%	-74.9%
Operating Income Growth	-13.1%	32.6%	-99.3%	98.6%	125.1%	16.4%	64.6%	10675.0%	-15.5%	-37.8%	-44.1%	-99.2%
Net Income Growth	-14.7%	56.5%	-140.9%	68.9%	649.0%	52.0%	148.2%	-94.7%	149.5%	-73.9%	-76.4%	1727.2%
Margins Quarterly
EBITDA Margin	14.1%	16.4%	5.5%	18.0%	15.0%	13.7%	16.6%	12.8%	10.8%	13.3%	12.8%	2.6%
Operating Income Margin	8.3%	11.1%	0.1%	11.5%	9.5%	8.5%	11.3%	6.0%	4.6%	7.6%	6.8%	0.1%
Net Income Margin	4.0%	6.1%	-2.4%	6.5%	4.7%	4.0%	6.0%	4.0%	0.7%	2.7%	2.4%	68.9%
Cash & Debt
Total Cash	446	474	456	544	506	489	444	546	440	529	583	641
Total Debt	1,972	2,020	2,069	2,149	2,068	2,078	2,079	2,140	2,080	2,181	2,180	2,237
Net Debt / (Cash)	1,526	1,546	1,613	1,604	1,562	1,589	1,635	1,594	1,641	1,653	1,597	1,596
Cash Flows Quarterly
FCF from Operations	72	113	-51	123	71	106	-43	154	72	-2	-22	174
Cash Flows TTM
FCF from Operations TTM	256	255	248	257	289	289	181	202	222	267	357	398
Returns to Shareholders Quarterly
Dividends	25	25	25	24	24	24	24	23	23	22	22	22
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	13.4%	18.8%	0.1%	16.4%	15.3%	13.7%	17.2%	10.8%	8.4%	10.3%	10.5%	0.0%
Return on Invested Capital (ROIC) TTM
ROIC TTM	12.5%	12.9%	11.2%	15.6%	15.1%	13.0%	12.0%	10.8%	9.4%	0.2%	12.4%	15.2%

Segment Financials

Assets by Segment

$ Mil	2024	2023	2022	2021	2020
Color, Additives and Inks	2,657	2,703	2,965	3,019	1,216
Specialty Engineered Materials	2,533	2,526	771	728	774
Corporate	779	855	876	879	1,048
Distribution			385	245	236
Total	5,968	6,085	4,997	4,870	3,273

Price Behavior

Price Behavior

Market Price	$31.31
Market Cap ($ Bil)	2.9
First Trading Date	09/13/1999
Distance from 52W High	-37.3%
	50 Days	200 Days
DMA Price	$31.11	$34.41
DMA Trend	down	down
Distance from DMA	0.6%	-9.0%
	3M	1YR
Volatility	31.8%	39.8%
Downside Capture	183.69	161.52
Upside Capture	63.61	94.75
Correlation (SPY)	48.7%	68.5%

AVNT Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	1.18	1.20	1.28	1.22	1.38	1.43
Up Beta	1.44	1.63	2.13	2.07	1.48	1.49
Down Beta	-1.71	0.87	0.77	0.36	1.36	1.34
Up Capture	123%	79%	48%	78%	89%	223%
Bmk +ve Days	12	25	38	73	141	426
Stock +ve Days	8	19	27	59	104	367
Down Capture	168%	149%	181%	168%	130%	109%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	9	20	33	64	142	378

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of AVNT With Other Asset Classes (Last 1Y)
	AVNT	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-37.2%	-4.2%	15.3%	58.9%	4.6%	-5.8%	-3.1%
Annualized Volatility	39.5%	20.1%	19.7%	19.4%	15.9%	17.8%	35.7%
Sharpe Ratio	-1.08	-0.32	0.60	2.26	0.09	-0.48	0.04
Correlation With Other Assets		80.3%	68.5%	7.2%	25.5%	62.0%	34.0%

ETFs used for asset classes: Sector ETF = XLB, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of AVNT With Other Asset Classes (Last 5Y)
	AVNT	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-1.8%	6.3%	15.0%	17.9%	11.9%	4.9%	37.1%
Annualized Volatility	37.4%	18.9%	17.1%	15.5%	18.9%	19.0%	49.1%
Sharpe Ratio	0.05	0.24	0.71	0.93	0.52	0.17	0.64
Correlation With Other Assets		76.5%	65.2%	12.9%	18.2%	58.0%	31.0%

Based On 10-Year Data

		Comparison of AVNT With Other Asset Classes (Last 10Y)
	AVNT	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	0.9%	9.0%	14.5%	14.2%	5.6%	5.4%	76.3%
Annualized Volatility	39.8%	20.8%	18.0%	14.8%	17.7%	20.9%	55.9%
Sharpe Ratio	0.16	0.39	0.69	0.79	0.25	0.23	0.95
Correlation With Other Assets		72.2%	63.6%	4.5%	26.5%	54.8%	22.5%

Short Interest

Short Interest: As Of Date	11142025
Short Interest: Shares Quantity	1,550,725
Short Interest: % Change Since 10312025	7.8%
Average Daily Volume	894,827
Days-to-Cover Short Interest	1.73
Basic Shares Quantity	91,600,000
Short % of Basic Shares	1.7%

Returns Analyses

	Title
0	Would You Still Hold Avient Stock If It Fell Another 30%?

SEC Filings

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Report Date	Filing Date	Filing
9302025	11052025	10-Q 9/30/2025
6302025	8012025	10-Q 6/30/2025
3312025	5062025	10-Q 3/31/2025
12312024	2182025	10-K 12/31/2024
9302024	11052024	10-Q 9/30/2024
6302024	8062024	10-Q 6/30/2024
3312024	5072024	10-Q 3/31/2024
12312023	2202024	10-K 12/31/2023
9302023	11022023	10-Q 9/30/2023
6302023	7272023	10-Q 6/30/2023
3312023	5032023	10-Q 3/31/2023
12312022	2222023	10-K 12/31/2022
9302022	11022022	10-Q 9/30/2022
6302022	7262022	10-Q 6/30/2022
3312022	4272022	10-Q 3/31/2022
12312021	2222022	10-K 12/31/2021

External Quote Links

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2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Avient (AVNT)

Market Price (12/4/2025): $31.3 | Market Cap: $2.9 BilSector: Materials | Industry: Specialty Chemicals

Avient (AVNT)

Market Price (12/4/2025): $31.3Market Cap: $2.9 BilSector: MaterialsIndustry: Specialty Chemicals

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Market Price (12/4/2025): $31.3 | Market Cap: $2.9 Bil
Sector: Materials | Industry: Specialty Chemicals

Market Price (12/4/2025): $31.3
Market Cap: $2.9 Bil
Sector: Materials
Industry: Specialty Chemicals