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Side-by-side financial comparison of AVIENT CORP (AVNT) and Maplebear Inc. (CART). Click either name above to swap in a different company.

Maplebear Inc. is the larger business by last-quarter revenue ($992.0M vs $760.6M, roughly 1.3× AVIENT CORP). Maplebear Inc. runs the higher net margin — 8.2% vs 2.2%, a 5.9% gap on every dollar of revenue. On growth, Maplebear Inc. posted the faster year-over-year revenue change (12.3% vs 1.9%). Maplebear Inc. produced more free cash flow last quarter ($171.0M vs $125.4M). Over the past eight quarters, Maplebear Inc.'s revenue compounded faster (10.0% CAGR vs -4.2%).

Avient Corporation is a global materials solutions company headquartered in Avon Lake, Ohio, United States, employing approximately 9,000 people worldwide. Its products include colorants, advanced composites, functional additives and engineered materials.

Maplebear Inc., doing business as Instacart, is an American retail media and delivery company based in San Francisco that operates a grocery delivery and pick-up service in the United States and Canada accessible via a website and mobile app. It allows customers to order groceries, and alcohol where legal, from participating retailers with the shopping being done by a personal shopper, who picks, packs, and delivers the order.

AVNT vs CART — Head-to-Head

Bigger by revenue
CART
CART
1.3× larger
CART
$992.0M
$760.6M
AVNT
Growing faster (revenue YoY)
CART
CART
+10.5% gap
CART
12.3%
1.9%
AVNT
Higher net margin
CART
CART
5.9% more per $
CART
8.2%
2.2%
AVNT
More free cash flow
CART
CART
$45.6M more FCF
CART
$171.0M
$125.4M
AVNT
Faster 2-yr revenue CAGR
CART
CART
Annualised
CART
10.0%
-4.2%
AVNT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVNT
AVNT
CART
CART
Revenue
$760.6M
$992.0M
Net Profit
$16.9M
$81.0M
Gross Margin
30.2%
72.3%
Operating Margin
5.2%
9.9%
Net Margin
2.2%
8.2%
Revenue YoY
1.9%
12.3%
Net Profit YoY
-65.0%
-45.3%
EPS (diluted)
$0.18
$0.31

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVNT
AVNT
CART
CART
Q4 25
$760.6M
$992.0M
Q3 25
$806.5M
$939.0M
Q2 25
$866.5M
$914.0M
Q1 25
$826.6M
$897.0M
Q4 24
$746.5M
$883.0M
Q3 24
$815.2M
$852.0M
Q2 24
$849.7M
$823.0M
Q1 24
$829.0M
$820.0M
Net Profit
AVNT
AVNT
CART
CART
Q4 25
$16.9M
$81.0M
Q3 25
$32.6M
$144.0M
Q2 25
$52.6M
$116.0M
Q1 25
$-20.2M
$106.0M
Q4 24
$48.3M
$148.0M
Q3 24
$38.2M
$118.0M
Q2 24
$33.6M
$61.0M
Q1 24
$49.4M
$130.0M
Gross Margin
AVNT
AVNT
CART
CART
Q4 25
30.2%
72.3%
Q3 25
30.4%
73.7%
Q2 25
32.1%
74.2%
Q1 25
31.8%
74.8%
Q4 24
34.8%
75.2%
Q3 24
32.1%
75.2%
Q2 24
30.3%
75.7%
Q1 24
33.6%
74.9%
Operating Margin
AVNT
AVNT
CART
CART
Q4 25
5.2%
9.9%
Q3 25
8.3%
17.7%
Q2 25
11.1%
13.6%
Q1 25
0.1%
12.3%
Q4 24
11.5%
17.6%
Q3 24
9.5%
16.2%
Q2 24
8.5%
6.3%
Q1 24
11.3%
17.6%
Net Margin
AVNT
AVNT
CART
CART
Q4 25
2.2%
8.2%
Q3 25
4.0%
15.3%
Q2 25
6.1%
12.7%
Q1 25
-2.4%
11.8%
Q4 24
6.5%
16.8%
Q3 24
4.7%
13.8%
Q2 24
4.0%
7.4%
Q1 24
6.0%
15.9%
EPS (diluted)
AVNT
AVNT
CART
CART
Q4 25
$0.18
$0.31
Q3 25
$0.36
$0.51
Q2 25
$0.57
$0.41
Q1 25
$-0.22
$0.37
Q4 24
$0.53
$0.53
Q3 24
$0.41
$0.42
Q2 24
$0.36
$0.20
Q1 24
$0.54
$0.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVNT
AVNT
CART
CART
Cash + ST InvestmentsLiquidity on hand
$687.0M
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$2.4B
$2.5B
Total Assets
$6.0B
$3.7B
Debt / EquityLower = less leverage
0.81×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNT
AVNT
CART
CART
Q4 25
$687.0M
Q3 25
$1.7B
Q2 25
$1.6B
Q1 25
$1.6B
Q4 24
$1.4B
Q3 24
$1.3B
Q2 24
$1.4B
Q1 24
$1.5B
Total Debt
AVNT
AVNT
CART
CART
Q4 25
$1.9B
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.1B
Q4 24
$2.1B
Q3 24
$2.1B
Q2 24
$2.1B
Q1 24
$2.1B
Stockholders' Equity
AVNT
AVNT
CART
CART
Q4 25
$2.4B
$2.5B
Q3 25
$2.4B
$3.5B
Q2 25
$2.4B
$3.3B
Q1 25
$2.3B
$3.2B
Q4 24
$2.3B
$3.1B
Q3 24
$2.4B
$2.9B
Q2 24
$2.3B
$3.0B
Q1 24
$2.3B
$3.1B
Total Assets
AVNT
AVNT
CART
CART
Q4 25
$6.0B
$3.7B
Q3 25
$6.1B
$4.5B
Q2 25
$6.1B
$4.4B
Q1 25
$5.8B
$4.3B
Q4 24
$5.8B
$4.1B
Q3 24
$6.0B
$3.9B
Q2 24
$5.9B
$4.0B
Q1 24
$5.9B
$4.1B
Debt / Equity
AVNT
AVNT
CART
CART
Q4 25
0.81×
Q3 25
0.83×
Q2 25
0.86×
Q1 25
0.90×
Q4 24
0.89×
Q3 24
0.88×
Q2 24
0.90×
Q1 24
0.90×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVNT
AVNT
CART
CART
Operating Cash FlowLast quarter
$167.8M
$183.0M
Free Cash FlowOCF − Capex
$125.4M
$171.0M
FCF MarginFCF / Revenue
16.5%
17.2%
Capex IntensityCapex / Revenue
5.6%
1.2%
Cash ConversionOCF / Net Profit
9.93×
2.26×
TTM Free Cash FlowTrailing 4 quarters
$195.0M
$910.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNT
AVNT
CART
CART
Q4 25
$167.8M
$183.0M
Q3 25
$72.1M
$287.0M
Q2 25
$112.8M
$203.0M
Q1 25
$-51.1M
$298.0M
Q4 24
$122.6M
$153.0M
Q3 24
$71.1M
$185.0M
Q2 24
$105.9M
$244.0M
Q1 24
$-42.8M
$105.0M
Free Cash Flow
AVNT
AVNT
CART
CART
Q4 25
$125.4M
$171.0M
Q3 25
$47.4M
$272.0M
Q2 25
$85.8M
$187.0M
Q1 25
$-63.6M
$280.0M
Q4 24
$81.5M
$141.0M
Q3 24
$46.1M
$171.0M
Q2 24
$74.5M
$220.0M
Q1 24
$-67.2M
$91.0M
FCF Margin
AVNT
AVNT
CART
CART
Q4 25
16.5%
17.2%
Q3 25
5.9%
29.0%
Q2 25
9.9%
20.5%
Q1 25
-7.7%
31.2%
Q4 24
10.9%
16.0%
Q3 24
5.7%
20.1%
Q2 24
8.8%
26.7%
Q1 24
-8.1%
11.1%
Capex Intensity
AVNT
AVNT
CART
CART
Q4 25
5.6%
1.2%
Q3 25
3.1%
1.6%
Q2 25
3.1%
1.8%
Q1 25
1.5%
2.0%
Q4 24
5.5%
1.4%
Q3 24
3.1%
1.6%
Q2 24
3.7%
2.9%
Q1 24
2.9%
1.7%
Cash Conversion
AVNT
AVNT
CART
CART
Q4 25
9.93×
2.26×
Q3 25
2.21×
1.99×
Q2 25
2.14×
1.75×
Q1 25
2.81×
Q4 24
2.54×
1.03×
Q3 24
1.86×
1.57×
Q2 24
3.15×
4.00×
Q1 24
-0.87×
0.81×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVNT
AVNT

Color Additives And Inks$466.0M61%
Specialty Engineered Materials$295.5M39%

CART
CART

Transaction$698.0M70%
Advertising And Other$294.0M30%

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