AVIENT CORP
Business
Avient Corporation is an innovator of materials solutions that formulates and manufactures specialty engineered materials, performance fibers, advanced composites, and color and additive solutions for polymer applications. The company sources base resins and additives, then employs chemistry and materials science to create engineered polymers tailored for specific end-use applications across packaging, defense, healthcare, industrial, transportation, building and construction, telecommunications, and energy markets. Avient operates two reportable segments—Color, Additives and Inks, and Specialty Engineered Materials—and serves customers globally through 98 manufacturing sites across North America, South America, Asia, Europe, the Middle East, and Africa.
Summary from 10-K filed 2026-02-17
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Sales | 3,260 | 3,240 | 3,143 | 3,397 | 3,316 | |
| Cost of sales | 2,245 | 2,184 | 2,250 | 2,514 | 2,372 | |
| Gross margin | 1,016 | 1,057 | 893 | 883 | 944 | |
| Selling and administrative expense | 812 | 727 | 696 | 639 | 664 | |
| Operating income | 204 | 329 | 197 | 243 | 280 | |
| Interest expense, net | −99 | −106 | −115 | −120 | — | |
| Other income, net | 7 | 1 | 6 | −60 | −1 | |
| Income from continuing operations before income taxes | 112 | 225 | 87 | 64 | 204 | |
| Income tax expense | −28 | −54 | −11 | 19 | −52 | |
| Net income from continuing operations | 84 | 171 | 76 | 83 | 152 | |
| Loss from discontinued operations, net of income taxes | 0 | 0 | −100,000 | 620 | 79 | |
| Net income | 84 | 171 | 76 | 703 | 231 | |
| Net income attributable to noncontrolling interests | −2 | −1 | −500,000 | −300,000 | 200,000 | |
| Net income attributable to Avient common shareholders | 82 | 170 | 76 | 703 | 231 | |
| Earnings per share attributable to Avient common shareholders - Basic (in USD per share) | 0.9 | 1.86 | 0.83 | 7.71 | 2.53 | |
| Earnings per share attributable to Avient common shareholders - Diluted (in USD per share) | 0.89 | 1.84 | 0.83 | 7.63 | 2.51 | |
| Basic (in shares) | 92 | 91 | 91 | 91 | 91 | |
| Plus dilutive impact of share-based compensation (in shares) | 300,000 | 700,000 | 700,000 | 1 | 700,000 | |
| Diluted (in shares) | 92 | 92 | 92 | 92 | 92 | |
| Anti-dilutive shares not included in diluted common shares outstanding (in shares) | 2 | 400,000 | 700,000 | 300,000 | 0 | |
| Cash dividends declared per share of common stock (in USD per share) | 1.09 | 1.04 | 1 | 0.96 | 0.88 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 511 | 545 | 546 | 641 | 601 | |
| Accounts receivable, net | 435 | 400 | 400 | 441 | 440 | |
| Inventories, net | 367 | 347 | 347 | 373 | 306 | |
| Other current assets | 88 | 131 | 115 | 115 | 120 | |
| Total current assets | 1,401 | 1,422 | 1,408 | 1,570 | 1,827 | |
| Property, net | 989 | 955 | 1,029 | 1,049 | 672 | |
| Goodwill | 1,758 | 1,660 | 1,719 | 1,672 | 1,285 | |
| Intangible assets, net | 1,492 | 1,450 | 1,591 | 1,598 | 925 | |
| Operating lease assets, net | 86 | 89 | 65 | 60 | 58 | |
| Deferred income tax assets | 195 | 81 | 92 | — | — | |
| Other non-current assets | 106 | 153 | 64 | 136 | 208 | |
| Total assets | 6,026 | 5,811 | 5,969 | 6,085 | 4,997 | |
| Short-term and current portion of long-term debt | 500,000 | 8 | 10 | 2 | 9 | |
| Accounts payable | 410 | 417 | 432 | 454 | 430 | |
| Accrued expenses and other current liabilities | 436 | 331 | 332 | 396 | 340 | |
| Total current liabilities | 846 | 756 | 774 | 869 | 941 | |
| Long-term debt | 1,923 | 2,059 | 2,071 | 2,177 | 1,850 | |
| Deferred income taxes | 286 | 260 | 282 | 343 | 101 | |
| Other non-current liabilities | 585 | 406 | 505 | 236 | 165 | |
| Total non-current liabilities | 2,793 | 2,725 | 2,857 | 2,863 | 2,266 | |
| Common Shares, $0.01 par, 400.0 shares authorized, 122.2 shares issued | 1 | 1 | 1 | 1 | 1 | |
| Additional paid-in capital | 1,542 | 1,538 | 1,530 | 1,521 | 1,512 | |
| Retained earnings | 1,865 | 1,883 | 1,808 | 1,824 | 1,208 | |
| Common shares held in treasury, at cost, 30.6 shares in 2025 and 30.8 shares in 2024 | −928 | −930 | −933 | −935 | −901 | |
| Accumulated other comprehensive loss | −107 | −178 | −87 | −76 | −46 | |
| Avient shareholders equity | 2,374 | 2,314 | 2,319 | 2,335 | 1,775 | |
| Noncontrolling interest | 12 | 16 | 19 | 18 | 16 | |
| Total equity | 2,386 | 2,330 | 2,338 | 2,353 | 1,791 | |
| Total liabilities and equity | 6,026 | 5,811 | 5,969 | 6,085 | 4,997 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 186 | 180 | 189 | 163 | 144 | |
| Cloud-based enterprise resource planning system impairment | 72 | 0 | 0 | — | — | |
| Deferred income tax benefit | −45 | −24 | −61 | 500,000 | −27 | |
| Share-based compensation expense | 9 | 15 | 13 | 13 | 11 | |
| (Increase) decrease in accounts receivable | −18 | −15 | 39 | 33 | −143 | |
| Decrease (increase) in inventories | 600,000 | −14 | 24 | 14 | −141 | |
| (Decrease) increase in accounts payable | −28 | 300,000 | −22 | 11 | 95 | |
| Decrease in pension, retirement benefits and deferred compensation | −11 | −34 | −9 | 10 | −11 | |
| Increase (decrease) in restructuring obligations | 25 | −25 | 2 | — | — | |
| Taxes paid on gain on sale of business | 0 | 0 | −104 | −3 | 0 | |
| (Decrease) increase in environmental obligations | −5 | −11 | 39 | −6 | — | |
| Decrease (increase) in environmental insurance receivable | 34 | −34 | 0 | — | — | |
| (Decrease) increase in incentive accruals | −24 | 31 | 6 | — | — | |
| Accrued expenses and other assets and liabilities, net | 23 | 17 | 9 | −24 | 72 | |
| Net cash provided by operating activities | 302 | 257 | 202 | 398 | 234 | |
| Capital expenditures | −107 | −122 | −119 | −106 | −101 | |
| Net proceeds from divestiture | 0 | 0 | 7 | 928 | 0 | |
| Proceeds from plant closures | 13 | 3 | 8 | 6 | 0 | |
| Other investing activities | −3 | −2 | 10 | 0 | −2 | |
| Net cash used by investing activities | −97 | −121 | −94 | −504 | −150 | |
| Proceeds from long-term borrowings | 0 | 650 | 0 | 1,300 | 0 | |
| Payments on long-term borrowings | −150 | −661 | −106 | −957 | −19 | |
| Cash dividends paid | −99 | −94 | −90 | −87 | −78 | |
| Payments on withholding tax on share awards | −4 | −6 | −3 | −4 | −11 | |
| Debt financing costs | −4 | −10 | −2 | −49 | 0 | |
| Net cash used by financing activities | −257 | −121 | −202 | 166 | −115 | |
| Effect of exchange rate changes on cash | 19 | −17 | −1 | −21 | −17 | |
| Decrease in cash and cash equivalents | −34 | −1 | −95 | 40 | −48 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is AVIENT CORP's CIK number?
AVIENT CORP's SEC CIK number is 0001122976 (1122976). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find AVIENT CORP's SEC filings?
All of AVIENT CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did AVIENT CORP last report earnings?
AVIENT CORP (AVNT) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001122976-26-000091). This is AVIENT CORP's most recent earnings filing of record — not a forecast of its next earnings date.
What is AVIENT CORP's most recent earnings 8-K?
AVIENT CORP's latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001122976-26-000091. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View AVIENT CORP's latest earnings 8-K →
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