OverviewSuggest Edit

OMNOVA Solutions is a supplier of specialty chemicals, emulsion polymers and decorative products including laminates, coated fabrics, and films. The company applies chemical and material science to develop performance chemicals and engineered surfaces. It serves a variety of industries and markets, including automotive, marine, industrial, agricultural and landscape, electronics and appliances, healthcare, food service, etc.

TypePublic
Founded1999
HQBeachwood, US
Websiteomnova.com
Employee Ratings3

Latest Updates

Employees (est.) (Aug 2019)1,900
Job Openings41
Revenue (FY, 2018)$769.8 M(-1%)
Share Price (Dec 2019)$10.1

Key People/Management at Omnova Solutions

Anne P. Noonan

Anne P. Noonan

President and Chief Executive Officer
Paul DeSantis

Paul DeSantis

Senior Vice President and Chief Financial Officer; Treasurer
James C. LeMay

James C. LeMay

Senior Vice President, Corporate Development; General Counsel
Marshall D. Moore

Marshall D. Moore

Chief Technology Officer and Senior Vice President of Operations
Michael A. Quinn

Michael A. Quinn

Senior Vice President; Chief Human Resources Officer
Kathy Vanderheyden

Kathy Vanderheyden

Vice President of Safety, Health, Environment and Security
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Omnova Solutions Office Locations

Omnova Solutions has offices in Beachwood, Akron, Auburn, Calhoun and in 15 other locations
Beachwood, US (HQ)
25435 Harvard Rd
Akron, US
1380 Tech Way Dr
Akron, US
2990 Gilchrist Rd
Auburn, US
95 Hickory Dr
Calhoun, US
1601 Highway 41 SW Calhoun, GA 30701
Chester, US
1455 J A Cochran Bypass
Show all (22)

Omnova Solutions Financials and Metrics

Omnova Solutions Revenue

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Omnova Solutions's revenue was reported to be $769.80 m in FY, 2018 which is a 1.7% decrease from the previous period.
USD

Revenue (Q3, 2019)

192.4m

Gross profit (Q3, 2019)

46.3m

Gross profit margin (Q3, 2019), %

24.1%

Net income (Q3, 2019)

300.0k

EBIT (Q3, 2019)

6.0m

Market capitalization (6-Dec-2019)

453.5m

Closing stock price (6-Dec-2019)

10.1

Cash (31-Aug-2019)

36.8m

EV

743.8m
Omnova Solutions's current market capitalization is $453.5 m.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

759.9m783.1m769.8m

Revenue growth, %

(9%)3%(2%)

Cost of goods sold

556.0m582.3m579.1m

Gross profit

203.9m200.8m190.7m
Quarterly
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

78.0m88.0m54.1m

Accounts Receivable

99.5m99.0m112.1m

Inventories

77.0m76.5m78.8m

Current Assets

273.9m276.0m253.0m
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

(400.0k)(87.8m)20.7m

Depreciation and Amortization

30.6m27.9m30.2m

Inventories

4.4m(100.0k)4.1m

Cash From Operating Activities

50.7m47.8m56.7m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(1.1m)6.1m10.8m3.6m(2.8m)5.1m7.3m15.7m13.7m(4.6m)1.0m1.3m

Depreciation and Amortization

9.6m16.7m23.5m6.7m13.6m20.7m7.2m14.5m22.3m8.0m15.9m23.4m

Inventories

(7.1m)(900.0k)2.4m(13.4m)(1.3m)(1.0m)(6.9m)(800.0k)(3.1m)(11.5m)(5.8m)(800.0k)

Cash From Operating Activities

(1.7m)19.4m41.0m(4.7m)8.3m28.2m(8.0m)15.6m37.1m(8.3m)(4.8m)3.5m
USDY, 2019

EV/EBIT

124 x

EV/CFO

212.5 x

EV/FCF

-33.2 x

Revenue/Employee

101.3k

Debt/Equity

5.6 x

Debt/Assets

0.6 x

Financial Leverage

9.7 x
Show all financial metrics

Omnova Solutions Operating Metrics

Nov, 2019

Countries

90

Product Categories

31
Show all operating metrics

Omnova Solutions Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
OMNOVA Decorative Products (Shanghai) Co., Ltd
OMNOVA Engineered Surfaces (Thailand) Co., Ltd
OMNOVA Ningbo Co., Ltd.
OMNOVA Performance Chemicals (UK) Ltd.
OMNOVA Shanghai Co., Ltd.
OMNOVA Solutions SAS

Omnova Solutions Revenue Breakdown

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Omnova Solutions revenue breakdown by business segment: 63.3% from Specialty Solutions and 36.7% from Performance Materials

Omnova Solutions revenue breakdown by geographic segment: 20.3% from Asia, 21.3% from Europe and 58.4% from United States

Omnova Solutions Online and Social Media Presence

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Omnova Solutions News and Updates

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Omnova Solutions Frequently Asked Questions

  • When was Omnova Solutions founded?

    Omnova Solutions was founded in 1999.

  • Who are Omnova Solutions key executives?

    Omnova Solutions's key executives are Anne P. Noonan, Paul DeSantis and James C. LeMay.

  • How many employees does Omnova Solutions have?

    Omnova Solutions has 1,900 employees.

  • What is Omnova Solutions revenue?

    Latest Omnova Solutions annual revenue is $769.8 m.

  • What is Omnova Solutions revenue per employee?

    Latest Omnova Solutions revenue per employee is $405.2 k.

  • Who are Omnova Solutions competitors?

    Competitors of Omnova Solutions include Victrex, Element Solutions and Celanese.

  • Where is Omnova Solutions headquarters?

    Omnova Solutions headquarters is located at 25435 Harvard Rd, Beachwood.

  • Where are Omnova Solutions offices?

    Omnova Solutions has offices in Beachwood, Akron, Auburn, Calhoun and in 15 other locations.

  • How many offices does Omnova Solutions have?

    Omnova Solutions has 22 offices.