Avient Corp (AVNT)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net income (ttm) US$ in thousands 169,500 149,800 116,700 105,200 75,700 30,500 -2,400 60,200 124,500 170,900 251,600 235,700 230,800 275,300 224,100 178,100 131,600 522,600 563,900 583,200
Revenue (ttm) US$ in thousands 3,240,400 3,212,900 3,151,400 3,126,100 3,142,800 3,214,200 3,283,800 3,761,800 4,209,900 4,621,000 5,017,500 4,950,300 4,818,800 4,614,300 4,319,000 3,692,900 3,242,100 2,903,700 2,684,500 2,979,200
Net profit margin 5.23% 4.66% 3.70% 3.37% 2.41% 0.95% -0.07% 1.60% 2.96% 3.70% 5.01% 4.76% 4.79% 5.97% 5.19% 4.82% 4.06% 18.00% 21.01% 19.58%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $169,500K ÷ $3,240,400K
= 5.23%

Based on the data provided for Avient Corp's net profit margin over various quarters, the trend shows some fluctuations over time. The net profit margin started relatively high at around 19-21% in the first half of 2020, indicating a healthy level of profitability. However, there was a significant decrease in the net profit margin towards the end of 2020, dropping to as low as 4.06%.

Throughout 2021 and the beginning of 2022, the net profit margin remained relatively stable around the 4-6% range, indicating some level of recovery. However, in the following quarters, there was a downward trend in the net profit margin, reaching its lowest point at -0.07% in June 2023.

From September 2023 onwards, there was a gradual improvement in the net profit margin, with the figure progressively increasing to 5.23% by the end of December 2024. This recovery suggests that Avient Corp managed to enhance its profitability over the stated period, albeit with fluctuations.

It is advisable for stakeholders and management to closely monitor the company's performance drivers, cost structure, and revenue streams to ensure sustained profitability in the future.