Avient Announces Third Quarter 2025 Results

About this update from Avient Corporation

CLEVELAND , Nov. 5, 2025 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), an innovator of materials solutions, today announced its third quarter results for 2025. The company reported third quarter sales of $806.5 million, compared to $815.2 million in the prior year quarter. Third quarter GAAP earnings per share (EPS) were $0.36 compared to $0.41 in the prior year quarter. Third quarter 2025 GAAP EPS includes special items of $0.17 (see attachment 3), and $0.17 of intangible amortization expense (see attachment 1). Third quarter 2025 adjusted EPS were $0.70 compared to $0.65 in the prior year quarter and includes a favorable impact of $0.02 attributable to foreign exchange. "I am pleased with our team's execution to deliver 8% adjusted EPS growth, in line with our guidance, despite slightly weaker-than-expected sales. Our focus on driving profitable mix and increased productivity helped expand adjusted EBITDA margins by 60 basis points to 16.5%," said Dr. Ashish Khandpur, Chairman, President and Chief Executive Officer, Avient Corporation. "In the third quarter, weak consumer sentiment, evolving trade policy and geopolitical uncertainty continued to negatively impact demand in several of our key markets, particularly in the U.S. and EMEA. Defense, healthcare and telecommunication sales, however, remained strong, growing high single-digits in the quarter," added Dr. Khandpur. 2025 Outlook "For the fourth quarter, we expect year over year sales performance to be slightly better than what we experienced in the third quarter," said Jamie Beggs, Senior Vice President and Chief Financial Officer, Avient Corporation. "Our focus on disciplined cost control and productivity initiatives is expected to continue driving margin expansion and earnings growth." "Taking into account the third quarter results and current customer order patterns, we are updating our full-year guidance range for adjusted EBITDA to $540 to $550 million," added Ms. Beggs. "Lower interest expense from paying down debt and a favorable tax benefit in the third quarter are offsetting the slightly lower adjusted EBITDA range, allowing us to maintain our previous adjusted EPS guidance range of $2.77 to $2.87. Furthermore, we expect to reduce debt in total by $150 million by year-end, having repaid $100 million through the third quarter." Dr. Khandpur added, "While the macroenvironment still remains uncertain and challenging, our team continues to stay focused on customers and driving productivity in all parts of the organization. We are doing this while advancing our strategy, surgically investing in our prioritized growth vectors and deleveraging our balance sheet by paying down debt." Webcast Details Avient will provide additional details on its 2025 third quarter and its 2025 full year outlook during its webcast scheduled for 8:00 a.m. Eastern Time on November 5, 2025. The webcast can be viewed live at avient.com/investors , or by clicking on the webcast link here . Conference call participants in the question and answer session should pre-register using the link at avient.com/investors , or here , to receive the dial-in number and personal PIN. This information is required to access the conference call. The question-and-answer session will follow the company's presentation and prepared remarks. A recording of the webcast and the slide presentation will be available at avient.com/investors/events-presentations  immediately following the conference call and will be accessible for one year. Non-GAAP Financial Measures The Company uses both GAAP (generally accepted accounting principles) and non-GAAP financial measures. The non-GAAP financial measures include organic performance (which excludes the impact of foreign exchange), adjusted EPS, adjusted operating income, adjusted EBITDA, adjusted EBITDA margins, free cash flow and adjusted free cash flow. Avient's chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of the Company and each business segment and to allocate resources. The Company does not provide reconciliations of forward-looking non-GAAP financial measures, such as adjusted EPS and adjusted EBITDA, to the most comparable GAAP financial measures on a forward-looking basis because the Company is unable to provide a meaningful or accurate calculation or estimation of reconciling items, and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of certain items, such as, but not limited to, environmental remediation costs and associated recoveries, mark-to-market adjustments on pension and other post-retirement obligations, acquisition-related charges, and other non-routine costs. Each of such adjustments has not yet occurred, are out of the Company's control and/or cannot be reasonably predicted. For the same reasons, the Company is unable to address the probable significance of the unavailable information. To access Avient's news library online, please visit www.avient.com/news . About Avient Our purpose at Avient Corporation (NYSE: AVNT) is to be an innovator of materials solutions that help our customers succeed, while enabling a sustainable world. Our local touch and customer engagement, combined with our global presence, allows us to serve customers with agility. We harness the collective strength of more than 9,000 employees worldwide to collaborate and build on each other's ideas. In doing so, we innovate solutions that help our customers overcome their challenges or capitalize on opportunities provided by the fast-changing world and secular trends. Our expanding portfolio of offerings includes colorants, advanced composites, functional additives, engineered materials, and Dyneema®, the world's strongest fiber™. By intersecting our broad portfolio of technologies with the product roadmaps of our customers, we help create differentiated and high-performance products that make the world better and more sustainable. Visit www.avient.com  to learn more. Forward-looking Statements In this press release, statements that are not reported financial results or other historical information are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or forecasts of future events and are not guarantees of future performance. They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. They use words such as "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial condition, performance and/or sales. Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; disruptions or inefficiencies in our supply chain, logistics, or operations; changes in laws and regulations in jurisdictions where we conduct business, including with respect to plastics and climate change; fluctuations in raw material prices, quality and supply, and in energy prices and supply; demand for our products and services; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; information systems failures and cyberattacks; our ability to service our indebtedness and restrictions on our current and future operations due to our indebtedness; amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; and other factors affecting our business beyond our control, including without limitation, changes in the general economy, changes in interest rates, changes in the rate of inflation, geopolitical conflicts, tariffs and any recessionary conditions. The above list of factors is not exhaustive. Any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission.                         View original content to download multimedia: https://www.prnewswire.com/news-releases/avient-announces-third-quarter-2025-results-302605506.html

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