OverviewSuggest Edit

PolyOne is a provider of specialized polymer materials, services, and solutions with operations in specialty polymer formulations, color and additive systems, polymer distribution and specialty vinyl resins. The Company operates in four segments: Global Specialty Engineered Materials, Global Color, Additives, and Inks, Performance Products and Solutions, and PolyOne Distribution. Specialty Engineered Materials is a provider of specialty polymer formulations, services, and solutions for designers and assemblers. Color, Additives and Inks segment offers specialized custom color and additive concentrates in solid and liquid form for thermoplastics. Performance Products and Solutions delivers products and services for vinyl molding and extrusion processors, and the Producer Services business unit offers contract manufacturing and outsourced polymer manufacturing services. The PolyOne Distribution business distributes engineering and commodity grade resins. 

TypePublic
Founded2000
HQAvon Lake, US
Websitepolyone.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Dec 2018)6,600(+5%)
Job Openings113
Revenue (FY, 2018)$3.5 B(+10%)
Share Price (Nov 2019)$32.8

Key People/Management at PolyOne

Robert M. Patterson

Robert M. Patterson

Chairman, President and Chief Executive Officer
Bradley C. Richardson

Bradley C. Richardson

Executive Vice President and Chief Financial Officer
Lisa K. Kunkle

Lisa K. Kunkle

Senior Vice President, General Counsel and Secretary
Don Wiseman

Don Wiseman

Senior Vice President, President of Performance Products and Solutions
Cathy K. Dodd

Cathy K. Dodd

Vice President, Marketing
Avery Johnson

Avery Johnson

Vice President, Tax
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PolyOne Office Locations

PolyOne has offices in Avon Lake, Bethlehem, Carson, Clinton and in 48 other locations
Avon Lake, US (HQ)
33587 Walker Rd
Avon Lake, US
Avon Lake, OH 44012, USA
Bethlehem, US
2513 Highland Ave
Carson, US
2104 E 223rd St
Clinton, US
1260 Carden Farm Dr
Dyersburg, US
107 Jackson St
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PolyOne Financials and Metrics

PolyOne Revenue

PolyOne's revenue was reported to be $3.53 b in FY, 2018
USD

Revenue (Q3, 2019)

705.3m

Gross profit (Q3, 2019)

160.5m

Gross profit margin (Q3, 2019), %

22.8%

Net income (Q3, 2019)

43.1m

EBIT (Q3, 2019)

43.1m

Market capitalization (15-Nov-2019)

2.5b

Closing stock price (15-Nov-2019)

32.8

Cash (30-Sep-2019)

199.6m

EV

3.8b
PolyOne's current market capitalization is $2.5 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

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

Revenue growth, %

2%(24%)0%10%

Cost of goods sold

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

Gross profit

462.7m564.3m651.5m677.1m719.0m744.9m
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, 2019

Revenue

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

Cost of goods sold

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

Gross profit

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

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%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

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

Accounts Receivable

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

Prepaid Expenses

85.4m81.7m69.8m

Inventories

245.2m252.6m266.4m327.8m344.7m
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, 2019

Cash

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

Accounts Receivable

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

Prepaid Expenses

58.3m41.7m32.9m54.5m55.4m51.4m80.3m73.6m69.8m71.3m67.2m58.4m

Inventories

237.9m255.5m240.2m253.6m257.3m256.2m353.5m367.9m341.5m333.0m315.7m305.6m297.9m300.9m285.9m323.5m312.1m325.6m337.2m296.0m308.9m322.0m321.0m334.6m374.9m353.3m281.6m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

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

Depreciation and Amortization

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

Inventories

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

Accounts Payable

13.8m13.8m(16.6m)(15.2m)(8.3m)12.4m52.2m7.9m
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, 2019

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)46.9m148.3m38.3m80.4m123.5m

Depreciation and Amortization

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

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)9.6m

Accounts Payable

66.8m88.6m59.2m61.0m57.0m29.7m49.2m15.5m396.9m374.6m383.4m373.1m383.4m402.1m39.5m43.0m34.0m28.4m1.2m(28.3m)
USDY, 2019

EV/EBIT

87.9 x

EV/CFO

19.1 x

Financial Leverage

5 x
Show all financial metrics

PolyOne Revenue Breakdown

Embed Graph

PolyOne 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

PolyOne 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

PolyOne Online and Social Media Presence

Embed Graph

PolyOne News and Updates

PolyOne Announces Appointment of Woon Keat Moh to President of Color, Additives and Inks

CLEVELAND, Nov. 7, 2019 / / -- PolyOne Corporation (NYSE: POL), a premier provider of specialized polymer materials, services and solutions, has announced that Woon Keat Moh ("Moh") has been appointed to the position of President of Color, Additives and Inks, effective January 1, 2020. He will succe…

SK Capital buys GEON Performance Solutions from PolyOne

SK Capital has acquired Avon Lake, Ohio-based GEON Performance Solutions, a provider of plastic compounded solutions. The seller was PolyOne Corporation. No financial terms were disclosed; however, a previous report of this news item tagged the value of the deal at about $775 million. The Valence Gr…

PolyOne Announces Third Quarter 2019 Results

CLEVELAND, Oct. 22, 2019 /PRNewswire/ -- PolyOne Corporation (NYSE: POL) today reported its third quarter results for 2019, which reflect PP&S as a discontinued operation. GAAP earnings per share from continuing operations were $0.30 in the third quarter of 2019 compared to $0.40 in the...

Saudi-backed Clariant said to mull $1.5bn sale to PolyOne

The Saudi Basic Industries Corp. is Clariant's anchor investor

Clariant Said to Discuss $1.5 Billion Unit Sale With PolyOne

Clariant Said to Discuss $1.5 Billion Unit Sale With PolyOne

SK Capital agrees to buy business unit from PolyOne Corp in $775 mln deal

SK Capital agreed to acquire Performance Products & Solutions business from maker of specialized polymer materials PolyOne Corp in a deal valued at about $775 million. The deal is expected to close in the fourth quarter.
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PolyOne Blogs

Webinar: Composite Sandwich Panels

Explore Design & Material Selection of Composite Panels for Structural Components Link:  MORE Background (280x265):  Headline:  Webinar: Composite Sandwich Panels Use Black Text Color:  Large Background (728x380): 

Pinpoint™ Express Color & Dosing System

Click here to watch video. Link:  MORE Background (280x265):  Headline:  Pinpoint™ Express Color & Dosing System Use Black Text Color:  Large Background (728x380): 

Challenge Accepted - Button

Content Link:  Challenge Accepted - Contact Us

Challenge Accepted - Contact Us

Link:  Contact Us Background Color:  #089f95 Background Image: 

Challenge Accepted - Transportation

Stronger, lighter weight, and more durable polymers can replace metal parts. Link:  Read More Background (280x265):  Headline:  Drive Transportation Forward Use Black Text Color:  Large Background (728x380): 

Challenge Accepted - Healthcare

Create medical devices that meet the ever-developing needs of practitioners and researchers. Link:  Read More Background (280x265):  Headline:  Healthcare Equipment That Excels Use Black Text Color:  Large Background (728x380): 
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PolyOne Frequently Asked Questions

  • When was PolyOne founded?

    PolyOne was founded in 2000.

  • Who are PolyOne key executives?

    PolyOne's key executives are Robert M. Patterson, Bradley C. Richardson and Lisa K. Kunkle.

  • How many employees does PolyOne have?

    PolyOne has 6,600 employees.

  • What is PolyOne revenue?

    Latest PolyOne annual revenue is $3.5 b.

  • What is PolyOne revenue per employee?

    Latest PolyOne revenue per employee is $535.4 k.

  • Who are PolyOne competitors?

    Competitors of PolyOne include Victrex, Chase Corporation and Good Natured Products.

  • Where is PolyOne headquarters?

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

  • Where are PolyOne offices?

    PolyOne has offices in Avon Lake, Bethlehem, Carson, Clinton and in 48 other locations.

  • How many offices does PolyOne have?

    PolyOne has 55 offices.