Avient Corporation
Rank #396ValueAVNT · NYSE · Basic Materials
Avient Corporation (AVNT) — Rank #396 by gross profitability (GP/assets 0.17) · ROE 3.4% · Piotroski F-Score 6 / 9.
As-of 2026-09-15 · CIK 0001122976 · all metrics point-in-time as of the filing date.
About
Avient Corporation operates as a formulator of material solutions in the United States, Canada, Mexico, Europe, South America, and Asia.
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The company operates in two segments, Color, Additives and Inks; and Specialty Engineered Materials. The Color, Additives and Inks segment offers custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets, and specialty inks; custom-formulated liquid system, such as polyester, vinyl, natural rubber and latex, polyurethane, and silicone; and proprietary inks. The company products are used in medical and pharmaceutical devices, food packaging, personal care and cosmetics, transportation, building products, wire and cable, recreational and athletic apparel, construction and filtration, outdoor furniture, healthcare, textiles and appliances, and industrial markets. The Specialty Engineered Materials segment provides specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials. It sells its products through direct sales personnel, distributors, and commissioned sales agents. The company was formerly known as PolyOne Corporation and changed its name to Avient Corporation in June 2020.
Avient Corporation was founded in 1885 and is headquartered in Avon Lake, Ohio.
- Industry
- Specialty Chemicals
- Sector
- Basic Materials
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- avient.com
Price History
Company Snapshot
P/E and dividend yield are the primary valuation lenses for mature businesses.
Market Cap
$3.75B
P/E (annual)
46.0
P/S (annual)
1.2
P/B
1.5
P/OCF (annual)
12.4
Shareholder Yield
7.5%
Employees
9,000
Industry
Specialty Chemicals
Exchange
NYSE
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
1/2 passTerry Smith quality gate
Passes 1/5 Terry Smith thresholds1 of 5 threshold not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
7.2%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Buyback tailwind: -4.9% — per-share value needs a total required return of 2.3% once share-count change is priced in.
vs. own 6-year median revenue growth: 9.2%
within its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
2.9%
r = 10% (base)
7.2%
r = 12%
10.9%
Net debt / market cap: 38.6%— material leverage inflates the implied growth read.
Note: current FCF margin is 1.8σ above its historical mean — implied growth may understate valuation risk if the margin reverts.
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / E
Price / diluted EPS
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Earnings bubble check
Current margins may be above sustainable levels — a P/E based on peak earnings can overstate cheapness.
Disclosure regression check
2 previously-disclosed line items are no longer reported. Worth checking the filing for why.
Dividend yield and payout ratio are the primary reads at this stage (trailing P/E — see valuation above).
Profitability
Gross profitability (GP / assets)
0.17
Primary signal (Novy-Marx).
24th pctl of 34 SIC 28 peers
Return on equity
3.4%
Gross margin
31.2%
27th pctl of 34 SIC 28 peers
Revenue growth (YoY)
-13.6%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
—
Revenue CAGR (5Y)
—
Earnings CAGR (3Y)
-51.2%
FCF CAGR (3Y)
—
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
1.45
13th pctl of 31 SIC 28 peers (best = lowest)
Current ratio
1.90×
30th pctl of 34 SIC 28 peers
Quick ratio
1.21×
Net cash
-$1.45B
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$195.00M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
1.38
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
0.3%
Stock-based comp intensity.
Dividend safety
Composite score
2.2 / 5
Piotroski F-Score
F-Score
6 / 9
Fundamental-strength score (0-9).
Lifecycle Phase History
Lynch sell alert: Fast grower deceleration
Revenue growth decelerated to 1.7% after being classified hypergrowth as of 2013-12-31 -- Lynch's fast-grower rule: sell once growth slows below the pace that justified the label, not on price weakness.