Avient Corp (AVNT)
Return on equity (ROE)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
Total stockholders’ equity | US$ in thousands | 2,329,600 | 2,363,000 | 2,317,500 | 2,321,300 | 2,319,200 | 2,276,900 | 2,334,700 | 2,349,800 | 2,334,500 | 1,720,400 | 1,809,700 | 1,813,200 | 1,774,700 | 1,768,800 | 1,768,200 | 1,707,000 | 1,683,600 | 1,597,000 | 1,551,300 | 1,538,600 |
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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $169,500K ÷ $2,329,600K
= 7.28%
Avient Corp's return on equity (ROE) has shown fluctuating trends over the past few years. The ROE decreased from 37.90% in March 2020 to 7.82% by December 2020, indicating a significant decline. However, there was a subsequent recovery, with ROE increasing to 15.56% by September 2021.
After reaching a peak of 13.90% in June 2022, the ROE once again started to decline, dropping to 1.34% by September 2023. This was followed by a gradual improvement, with ROE reaching 7.28% by December 2024.
Overall, Avient Corp's ROE has displayed a mix of positive and negative movements, reflecting fluctuations in the company's profitability and efficiency in generating returns for its shareholders. The management may need to closely monitor and address the factors impacting ROE to sustain and enhance the company's financial performance in the future.
Peer comparison
Dec 31, 2024