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Avient (Avient) Operating Margin %

: 5.99% (As of Dec. 2023)
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Operating Margin % is calculated as Operating Income divided by its Revenue. Avient's Operating Income for the three months ended in Dec. 2023 was $43 Mil. Avient's Revenue for the three months ended in Dec. 2023 was $719 Mil. Therefore, Avient's Operating Margin % for the quarter that ended in Dec. 2023 was 5.99%.

Good Sign:

Avient Corp operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Avient's Operating Margin % or its related term are showing as below:

AVNT' s Operating Margin % Range Over the Past 10 Years
Min: 4.04   Med: 6.47   Max: 9.11
Current: 6.26


AVNT's Operating Margin % is ranked better than
50.23% of 1529 companies
in the Chemicals industry
Industry Median: 6.23 vs AVNT: 6.26

Avient's 5-Year Average Operating Margin % Growth Rate was 3.50% per year.

Avient's Operating Income for the three months ended in Dec. 2023 was $43 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $197 Mil.


Avient Operating Margin % Historical Data

The historical data trend for Avient's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Avient Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.48 5.84 8.44 7.16 6.26

Avient Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 6.75 7.56 4.55 5.99

Competitive Comparison

For the Specialty Chemicals subindustry, Avient's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Avient Operating Margin % Distribution

For the Chemicals industry and Basic Materials sector, Avient's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Avient's Operating Margin % falls into.



Avient Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Avient's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=196.8 / 3142.8
=6.26 %

Avient's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=43.1 / 719
=5.99 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Avient  (NYSE:AVNT) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Avient Operating Margin % Related Terms

Thank you for viewing the detailed overview of Avient's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Avient (Avient) Business Description

Traded in Other Exchanges
Address
33587 Walker Road, Avon Lake, OH, USA, 44012
Avient Corp manufactures and sells a variety of chemical and plastic-based products to designers and processors of plastics. The firm operates in three segments: Specialty Engineered Materials; Distribution; and Color, Additives, & Ink. The company's product portfolio includes concentrated color and ink blends, plastic resins, and various specialized polymer materials used in industries such as food packaging, construction, transportation, cosmetics, and healthcare. The color, additives, & ink segment and the distribution segment together generate a vast majority of revenue. More than half of the total revenue is derived from the United States.
Executives
Robert M Patterson director, officer: Chairman, President & CEO 33587 WALKER ROAD, AVON LAKE OH 44012
Joel R. Rathbun officer: SVP, Mergers & Acquisitions 33587 WALKER ROAD, AVON LAKE OH 44012
Kristen Gajewski officer: SVP & CHRO 33587 WALKER ROAD, AVON LAKE OH 44012
Lisa K. Kunkle officer: SVP Gnrl Counsel & Secretary 33587 WALKER ROAD, AVON LAKE OH 44012
Neil Green director 33587 WALKER ROAD, AVON LAKE OH 44012
Ernest Nicolas director 1201 S. 2ND STREET, MILWAUKEE WI 53204
Michael A Garratt officer: SVP, Chief Commercial Officer 33587 WALKER ROAD, AVON LAKE OH 44012
Robert Vinod Purayath officer: SVP & Chief Technology Officer 33587 WALKER ROAD, AVON LAKE OH 44012
Jamie A. Beggs officer: SVP & Chief Financial Officer 33587 WALKER ROAD, AVON LAKE OH 44012
Cathy Dodd officer: SVP, Chief Commercial Officer 33587 WALKER ROAD, AVON LAKE OH 44012
J Scott Horn officer: SVP, President Distribution 33587 WALKER ROAD, AVON LAKE OH 44012
Richard H Fearon director 1239 GERBING ROAD, AMELIA ISLAND FL 32034
Midea M. John Jr. officer: SVP, Glbl Ops & Process Imprv 33587 WALKER ROAD, AVON LAKE OH 44012
Woon Keat Moh officer: SVP, President of CAI 33587 WALKER ROAD, AVON LAKE OH 44012
Patricia Verduin director ONE CONAGRA DRIVE, OMAHA NE 68102

Avient (Avient) Headlines

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