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.
Peer comparison
Dec 31, 2024