Avient Corp (AVNT)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 329,300 221,500 183,600 381,200 189,300
Revenue US$ in thousands 3,240,400 3,142,800 3,396,900 4,818,800 3,242,100
Operating profit margin 10.16% 7.05% 5.40% 7.91% 5.84%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $329,300K ÷ $3,240,400K
= 10.16%

The operating profit margin of Avient Corp has shown varying trends over the past five years. It was 5.84% as of December 31, 2020, which increased to 7.91% by December 31, 2021, representing an improvement in profitability. However, the margin decreased to 5.40% by December 31, 2022, indicating a decline in operating efficiency.

There was a recovery in the operating profit margin to 7.05% by December 31, 2023, suggesting a rebound in profitability. The most notable increase was seen by December 31, 2024, where the margin significantly improved to 10.16%, signaling a substantial enhancement in operational performance.

Overall, the operating profit margin of Avient Corp has displayed a mix of fluctuations and improvements over the analyzed period, reflecting changes in the company's cost structure, pricing strategies, and operational effectiveness.