Earnings Summary

Avient Corp’s revenue fell -9.03% since last year same period to $719Mn in the Q4 2023. On a quarterly growth basis, Avient Corp has generated -4.6% fall in its revenue since last 3-months.

Avient Corp’s net profit jumped 272.29% since last year same period to $28.6Mn in the Q4 2023. On a quarterly growth basis, Avient Corp has generated 460.78% jump in its net profits since last 3-months.

Avient Corp’s net profit margin jumped 289.4% since last year same period to 3.98% in the Q4 2023. On a quarterly growth basis, Avient Corp has generated 487.85% jump in its net profit margins since last 3-months.

Avient Corp’s price-to-earnings ratio after this Q4 2023 earnings stands at 52.18.

Avient Corp’s earning per share (EPS) estimates for the current quarter stand at 0.69 - a 43.75% jump from last quarter’s estimates.

Avient Corp’s earning per share (EPS) estimates for the current year stand at 0.69.

Avient Corp’s earning per share (EPS) jumped 33.33% since last year same period to 0.52 in the Q4 2023. This indicates that the Avient Corp has generated 33.33% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Avient Corp’s return on assets (ROA) stands at 0.03.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Avient Corp’s return on equity (ROE) stands at 0.03.

Avient Corp declared 0.26 dividend per share during the earnings announcement for Q4 2023.