Avient Corp (AVNT)

Pretax 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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	224,800	182,100	137,100	124,800	87,300	-10,700	-44,700	37,300	119,400	247,900	338,000	313,100	304,600	310,900	255,100	196,600	139,000	100,900	123,800	148,700
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
Pretax margin		6.94%	5.67%	4.35%	3.99%	2.78%	-0.33%	-1.36%	0.99%	2.84%	5.36%	6.74%	6.32%	6.32%	6.74%	5.91%	5.32%	4.29%	3.47%	4.61%	4.99%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $224,800K ÷ $3,240,400K
= 6.94%

The pretax margin of Avient Corp has shown some fluctuations over the years. It started at 4.99% in March 2020, decreased to 3.47% by September 2020, and then gradually increased to reach 6.74% by June 2021. This upward trend continued until September 2022 when it dropped to 5.36%. Subsequently, there was a significant decline in pretax margin to 0.99% by March 2023, followed by negative margins in June and September 2023. However, the company improved its performance and achieved a pretax margin of 6.94% by December 2024. Overall, Avient Corp's pretax margin reflects a mix of positive and negative trends, suggesting fluctuations in profitability over the years, which may be indicative of various internal and external factors impacting the company's financial performance.