Avient Corp (AVNT)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 169,500 | 75,700 | 83,100 | 230,800 | 131,600 |
| Revenue | US$ in thousands | 3,240,400 | 3,142,800 | 3,396,900 | 4,818,800 | 3,242,100 |
| Net profit margin | 5.23% | 2.41% | 2.45% | 4.79% | 4.06% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $169,500K ÷ $3,240,400K
= 5.23%
Avient Corp's net profit margin has shown fluctuations over the past five years. The margin increased from 4.06% in December 2020 to 4.79% in December 2021, indicating improved profitability during that period. However, there was a decline in net profit margin to 2.45% in December 2022 and 2.41% in December 2023, suggesting a decrease in profitability in those years.
In December 2024, Avient Corp's net profit margin rebounded to 5.23%, reaching a level higher than the initial period in December 2020. This increase in net profit margin may indicate enhanced operational efficiency or successful cost management strategies.
Overall, while there have been fluctuations in Avient Corp's net profit margin over the years, the recent increase in December 2024 suggests a potential improvement in the company's profitability. It is important for investors and stakeholders to monitor this metric closely to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2024