Avient Corp (AVNT)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 32.61% | 31.86% | 30.39% | 30.09% | 28.96% | 26.62% | 26.06% | 24.42% | 22.92% | 22.64% | 22.04% | 22.04% | 22.82% | 23.83% | 24.41% | 24.78% | 24.19% | 23.58% | 23.65% | 23.19% |
| Operating profit margin | 10.16% | 9.74% | 8.57% | 8.31% | 7.09% | 4.79% | 3.90% | 5.19% | 6.34% | 7.37% | 8.19% | 7.87% | 7.91% | 8.07% | 7.57% | 6.96% | 5.84% | 4.99% | 5.75% | 6.31% |
| 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% |
| 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% |
Avient Corp's profitability ratios have shown mixed performance over the last few years.
1. Gross Profit Margin: The gross profit margin has fluctuated between 22% and 32% during the period analyzed. The margin has generally been on an upward trend, reaching 32.61% by December 31, 2024, indicating that the company is effectively managing its production costs and generating higher profits from its operations.
2. Operating Profit Margin: The operating profit margin has varied between 3.90% and 10.16%, with some volatility in the middle years. However, there has been an overall increasing trend, showing improved operational efficiency and profitability, reaching 10.16% by December 31, 2024.
3. Pretax Margin: The pretax margin has fluctuated significantly, even dipping into negative territory in some quarters. However, there has been a recovery towards the end of the period, with the margin increasing to 6.94% by December 31, 2024. This indicates that the company has been able to control its pre-tax expenses and enhance its profitability.
4. Net Profit Margin: The net profit margin has also experienced fluctuations, ranging from negative figures to 5.23% by December 31, 2024. Despite the volatility, there appears to be a gradual improvement in profitability, reflecting effective cost management and revenue growth strategies.
In conclusion, while Avient Corp has shown varying levels of profitability over the years, there are signs of improvement in its operational efficiency and overall financial performance, as indicated by the upward trends in gross profit margin, operating profit margin, pretax margin, and net profit margin in recent periods.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.67% | 5.17% | 4.57% | 4.42% | 3.73% | 2.66% | 2.12% | 3.20% | 4.38% | 5.40% | 8.14% | 7.72% | 7.62% | 7.43% | 6.48% | 5.23% | 3.89% | 3.07% | 3.56% | 5.02% |
| Return on assets (ROA) | 2.92% | 2.48% | 1.98% | 1.79% | 1.27% | 0.53% | -0.04% | 0.99% | 2.05% | 2.71% | 4.99% | 4.67% | 4.61% | 5.49% | 4.44% | 3.63% | 2.70% | 11.10% | 13.00% | 15.58% |
| Return on total capital | 15.02% | 13.46% | 12.35% | 11.92% | 9.99% | 6.71% | 5.32% | 8.12% | 9.97% | 19.05% | 19.54% | 18.03% | 19.82% | 20.09% | 19.68% | 16.68% | 12.86% | 9.51% | 10.35% | 10.31% |
| Return on equity (ROE) | 7.28% | 6.34% | 5.04% | 4.53% | 3.26% | 1.34% | -0.10% | 2.56% | 5.33% | 9.93% | 13.90% | 13.00% | 13.01% | 15.56% | 12.67% | 10.43% | 7.82% | 32.72% | 36.35% | 37.90% |
Avient Corp's profitability ratios exhibit fluctuations over the period under review.
1. Operating return on assets (Operating ROA) shows a downward trend initially but improves in the latter half of the period, indicating enhanced operational efficiency and asset utilization.
2. Return on assets (ROA) follows a similar pattern, starting with a decline and then a slow recovery, suggesting a gradual improvement in overall asset efficiency and profitability.
3. Return on total capital displays a consistent performance with variations, peaking in mid-2021 and dipping towards the end of the period. This metric reflects the company's ability to generate returns from its total invested capital.
4. Return on equity (ROE) also fluctuates, exhibiting a downward trend after a peak in mid-2021. ROE reflects the profitability derived from shareholder equity and indicates the company's effectiveness in generating profits for its equity holders.
Overall, the profitability ratios of Avient Corp demonstrate a mix of fluctuations and improvements, reflecting changes in operational efficiency, asset utilization, and overall returns generated for both shareholders and investors.