OverviewSuggest Edit

Avient Corporation (formerly known as PolyOne Corporation) is a manufacturer of polymer, colorant, and additive solutions. It offers polymer distribution, screen printing inks, advanced composites, engineered polymer formulations, printing and marking inks, polymer additives, polymer colorants, thermoplastic elastomers, in-vivo formulations for healthcare, vinyl formulations, fiber solutions, and other products. The company serves the appliances, building and construction, consumer goods, electrical and electronics, healthcare, packaging, textiles, transportation, and wire and cable industries.

TypePublic
Founded2000
HQAvon Lake, OH, US
Websiteavient.com
Employee Ratings3.6
Overall CultureA-

Latest Updates

Employees (est.) (Dec 2020)8,400(+50%)
Job Openings128
Revenue (FY, 2020)$3.2 B(+14%)
Share Price (Sept 2021)$47.4(-2%)
Cybersecurity ratingCMore

Key People/Management at Avient

Robert M. Patterson

Robert M. Patterson

Chairman, President and Chief Executive Officer
Jamie A. Beggs

Jamie A. Beggs

Senior Vice President and Chief Financial Officer
Lisa K. Kunkle

Lisa K. Kunkle

Senior Vice President, General Counsel and Secretary
Woon Keat Moh

Woon Keat Moh

Senior Vice President, President of Color, Additives and Inks – Americas and Asia
Chris L. Pederson

Chris L. Pederson

Senior Vice President, President of Specialty Engineered Materials
Michael A. Garratt

Michael A. Garratt

Senior Vice President, President of Color, Additives and Inks – EMEA
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Avient Office Locations

Avient has offices in Avon Lake, Albion, Berea, Bethel and in 124 other locations
Avon Lake, OH, US (HQ)
33587 Walker Rd
Albion, MI, US
926 Elliott St
Berea, OH, US
680 N Rocky River Dr
Bethel, CT, US
19 Francis J Clarke Cir
Bethlehem, PA, US
2513 Highland Ave
Birmingham, AL, US
3850 Pinson Valley Pkwy
Show all (137)

Avient Financials and Metrics

Avient Revenue

Avient's revenue was reported to be $3.24 b in FY, 2020
USD

Revenue (Q1, 2021)

1.2b

Gross profit (Q1, 2021)

302.4m

Gross profit margin (Q1, 2021), %

26%

Net income (Q1, 2021)

79.7m

EBIT (Q1, 2021)

120.4m

Market capitalization (8-Sept-2021)

4.3b

Closing stock price (8-Sept-2021)

47.4

Cash (31-Mar-2021)

594.5m

EV

5.7b
Avient's current market capitalization is $4.3 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

2.9b3.0b3.8b3.8b2.9b2.9b3.2b3.5b2.9b3.2b

Revenue growth, %

2%(24%)0%10%

Cost of goods sold

2.4b2.4b2.3b2.3b2.5b2.8b2.2b2.5b

Gross profit

462.7m564.3m651.5m677.1m719.0m744.9m657.2m784.3m
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

718.5m768.8m735.8m781.0m792.0m740.2m801.1m1.0b1.0b1.0b1.0b958.4m873.1m887.1m841.6m847.0m861.5m843.6m898.8m814.1m818.5m901.6m914.8m883.0m899.9m903.8m705.3m711.5m609.1m924.5m1.2b

Cost of goods sold

595.8m639.6m621.8m640.4m637.3m597.5m638.8m833.9m827.6m814.1m821.0m775.8m703.3m701.4m672.5m661.5m669.2m670.5m711.4m626.1m639.0m703.1m718.3m698.1m703.6m698.3m544.8m459.4m714.3m859.9m

Gross profit

122.7m129.2m114.0m140.6m154.7m142.7m162.3m203.7m181.3m188.2m184.5m182.6m169.8m185.7m169.1m185.5m192.3m173.1m187.4m188.0m179.5m198.5m196.5m184.9m196.3m205.5m160.5m149.7m210.2m302.4m

Gross profit Margin, %

17%17%15%18%20%19%20%20%18%19%18%19%19%21%20%22%22%21%21%23%22%22%21%21%22%23%23%25%23%26%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

191.9m210.0m365.2m238.6m279.8m225.5m243.6m170.9m864.7m649.5m

Accounts Receivable

321.0m322.6m428.0m396.8m347.0m325.6m392.4m413.4m516.6m

Inventories

245.2m252.6m266.4m327.8m344.7m327.5m

Current Assets

843.5m866.9m1.3b1.0b960.8m949.5m1.1b998.8m1.5b1.6b
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

412.4m416.8m409.8m186.3m209.3m248.7m168.9m392.4m322.8m238.3m261.5m263.6m226.4m236.8m235.7m155.4m161.4m212.2m157.7m191.1m233.5m180.8m108.3m125.5m199.6m1.3b577.3m594.5m

Accounts Receivable

382.5m397.1m368.1m403.6m405.7m374.7m526.1m521.5m505.0m507.5m501.3m459.0m445.0m431.7m407.3m429.2m431.3m418.3m453.5m435.7m431.1m490.0m472.4m480.2m473.8m368.7m382.4m310.6m642.2m

Inventories

237.9m255.5m240.2m253.6m257.3m256.2m353.5m367.9m341.5m333.0m315.7m305.6m297.9m300.9m285.9m323.5m312.1m325.6m337.2m296.0m308.9m322.0m321.0m334.6m374.9m353.3m281.6m271.1m241.5m311.4m

Current Assets

1.1b1.1b1.1b898.0m927.7m931.0m1.2b1.4b1.2b1.2b1.2b1.1b1.1b1.1b1.0b948.9m951.2m1.0b985.0m1.1b1.0b1.1b1.0b1.0b1.2b2.0b2.6b1.5b1.7b
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

172.6m71.9m242.7m78.4m144.7m165.0m(57.6m)159.5m588.8m133.4m

Depreciation and Amortization

57.5m69.8m109.8m123.9m98.1m100.5m97.4m88.5m87.5m111.8m

Inventories

4.7m(2.7m)21.4m800.0k(41.1m)(10.6m)40.2m40.2m

Accounts Payable

13.8m13.8m(16.6m)(15.2m)(8.3m)12.4m52.2m7.9m(22.7m)78.4m
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

110.2m138.7m160.3m20.2m44.8m68.8m15.3m196.2m22.8m29.2m31.5m32.7m30.2m67.0m44.5m39.0m50.0m42.3m46.9m(134.5m)(95.7m)46.9m148.3m38.3m80.4m123.5m58.6m79.7m

Depreciation and Amortization

14.1m28.4m42.4m17.7m35.6m52.8m19.9m45.8m52.6m75.7m22.4m45.0m23.3m46.9m68.4m19.9m40.8m74.8m36.6m

Inventories

(17.4m)(33.7m)(21.9m)(7.5m)(15.4m)(13.3m)11.4m(3.9m)(17.8m)(21.7m)17.0m(100.0k)(12.0m)9.6m17.4m(35.1m)

Accounts Payable

66.8m88.6m59.2m61.0m57.0m29.7m49.2m15.5m396.9m374.6m383.4m373.1m383.4m402.1m39.5m43.0m34.0m28.4m1.2m(28.3m)44.6m(23.5m)21.3m67.3m
USDQ1, 2011

Debt/Equity

0.7 x

Debt/Assets

0.2 x

Financial Leverage

3 x
Show all financial metrics

Avient Revenue Breakdown

Embed Graph

Avient revenue breakdown by business segment: 17.8% from Specialty Engineered Materials, 27.2% from Color, Additives and Iinks, 19.8% from Performance Products and Solutions and 35.2% from PolyOne Distribution

Avient revenue breakdown by geographic segment: 59.2% from United States, 7.8% from Canada , 9.7% from Asia, 8.7% from Mexico, 14.1% from Europe and 0.6% from Other

Avient Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Avient Online and Social Media Presence

Embed Graph

Avient Company Culture

  • Overall Culture

    A-

    74/100

  • CEO Rating

    A+

    77/100

  • Compensation

    D

    49/100

Learn more on Comparably

Avient News and Updates

Worldwide Medical Composites Industry to 2030 - Featuring 3M, Toray Advanced Composites and PolyOne Among Others

Dublin, June 25, 2021 (GLOBE NEWSWIRE) -- The "Medical Composites Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030" report has been added to ResearchAndMarkets.com's offering. The new study on the global medical composites market published by the publisher …

PolyOne Completes Clariant Masterbatch Acquisition, Announces New Name: Avient Corporation

CLEVELAND, July 1, 2020 /PRNewswire/ -- PolyOne Corporation (NYSE: POL), a leading global provider of specialized polymer materials, services and sustainable solutions, has completed its purchase of the color masterbatch businesses of Clariant and Clariant Chemicals India Ltd. PolyOne...

PolyOne to Host Investor Conference Call

CLEVELAND, March 18, 2020 /PRNewswire/ -- PolyOne Corporation (NYSE: POL) a premier provider of specialized polymer materials, services and solutions, today announced that it will hold a special investor conference call on Friday, March 20, 2020 at 9:00 am Eastern Time. Robert M....

PolyOne Announces Leadership Appointments

CLEVELAND, March 16, 2020 /PRNewswire/ -- In anticipation of closing the acquisition of Clariant Masterbatch later this year, PolyOne Corporation, (NYSE:POL) is announcing several changes that will subsequently take place within its leadership team. Given the size and scope of the pending...

PolyOne Announces Pricing of Public Offering of Common Shares

CLEVELAND, Jan. 30, 2020 /PRNewswire/ -- PolyOne Corporation (NYSE: POL) today announced the pricing of an underwritten offering of 13,333,333 common shares at a public offering price of $33.75 per share. PolyOne has also granted the underwriters an option, exercisable for 30 days after...

PolyOne Announces Fourth Quarter and Full Year 2019 Results

CLEVELAND, Jan. 28, 2020 /PRNewswire/ -- PolyOne Corporation (NYSE: POL) today reported its full year and fourth quarter results for 2019. Full year GAAP earnings per share from continuing operations were $0.97 in 2019 compared to $1.09 in 2018. Adjusted earnings per share in 2019...
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Avient Blogs

Peru - Sales Office and Plant

Region:  South America Facility Type:  Sales Office: Speciality Inks Manufacturing Plant Address:  Av. Revolucion 842 City:  Ventanilla State/Province:  Callao Country:  Peru Telephone:  +51 1 6134242

U.S. - NC Pineville Sales Office & Plant

Region:  North America Facility Type:  Sales Office: Speciality Inks Manufacturing Plant Address:  10021 Rodney Street City:  Pineville State/Province:  NC Country:  United States Zip/Postal:  28134 Telephone:  +1 704 553 0046 Fax:  +1 704 972 3089

XT146.9

Name:  XT146.9 Grade Name (general):  PEEK 851 White CMB Grade Name (color):  9016 Functionality:  Colored Precolored / Masterbatch:  Color Concentrate Lot Number:  XT146.9 Polymer Class:  PEEK Opacity:  Opaque Physical Form:  Plaque White R:  241 White G:  240 White B:  234 Black R:  2…

ETT9841-0594aL

Index:  911 Name:  ETT9841-0594aL Grade Name (general):  PA XE4112 Precolored Grade Name (color):  transparent kiwi green-02 Functionality:  Colored Precolored / Masterbatch:  Precolored Lot Number:  VR0733 Polymer Class:  PA Opacity:  Transparent Physical Form:  Pressout White R:  195 W…

EEE8700-0493

Index:  1167 Name:  EEE8700-0493 Grade Name (general):  PEI 1000 Precolored Grade Name (color):  HMF light yellow-03 Functionality:  Colored Precolored / Masterbatch:  Precolored Lot Number:  VR904 Polymer Class:  PEI Opacity:  Opaque Physical Form:  Pressout White R:  234 White G:  200 …

XT360.6

Name:  XT360.6 Grade Name (general):  PPSU Blue CMB Grade Name (color):  2154C Functionality:  Colored Precolored / Masterbatch:  Color Concentrate Lot Number:  XT360.6 Polymer Class:  PPSU Opacity:  Opaque Physical Form:  Plaque White R:  0 White G:  70 White B:  128 Black R:  0 Black…
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Avient Frequently Asked Questions

  • When was Avient founded?

    Avient was founded in 2000.

  • Who are Avient key executives?

    Avient's key executives are Robert M. Patterson, Jamie A. Beggs and Lisa K. Kunkle.

  • How many employees does Avient have?

    Avient has 8,400 employees.

  • What is Avient revenue?

    Latest Avient annual revenue is $3.2 b.

  • What is Avient revenue per employee?

    Latest Avient revenue per employee is $386 k.

  • Who are Avient competitors?

    Competitors of Avient include Momentive, Mitsubishi Chemical Advanced Materials and Greene Tweed.

  • Where is Avient headquarters?

    Avient headquarters is located at 33587 Walker Rd, Avon Lake.

  • Where are Avient offices?

    Avient has offices in Avon Lake, Albion, Berea, Bethel and in 124 other locations.

  • How many offices does Avient have?

    Avient has 137 offices.