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 | ||
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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.
Peer comparison
Dec 31, 2024