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

AVIENT CORP is the larger business by last-quarter revenue ($760.6M vs $391.6M, roughly 1.9× DIODES INC). DIODES INC runs the higher net margin — 2.6% vs 2.2%, a 0.4% gap on every dollar of revenue. On growth, DIODES INC posted the faster year-over-year revenue change (15.4% vs 1.9%). AVIENT CORP produced more free cash flow last quarter ($125.4M vs $12.4M). Over the past eight quarters, DIODES INC's revenue compounded faster (13.9% 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.

Diodes Incorporated is a global semiconductor manufacturer that designs, produces and supplies discrete, analog and mixed-signal semiconductor products. Its solutions serve key end markets including automotive, industrial, consumer electronics, personal computing and communications infrastructure, with a worldwide customer base.

AVNT vs DIOD — Head-to-Head

Bigger by revenue
AVNT
AVNT
1.9× larger
AVNT
$760.6M
$391.6M
DIOD
Growing faster (revenue YoY)
DIOD
DIOD
+13.5% gap
DIOD
15.4%
1.9%
AVNT
Higher net margin
DIOD
DIOD
0.4% more per $
DIOD
2.6%
2.2%
AVNT
More free cash flow
AVNT
AVNT
$113.0M more FCF
AVNT
$125.4M
$12.4M
DIOD
Faster 2-yr revenue CAGR
DIOD
DIOD
Annualised
DIOD
13.9%
-4.2%
AVNT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVNT
AVNT
DIOD
DIOD
Revenue
$760.6M
$391.6M
Net Profit
$16.9M
$10.2M
Gross Margin
30.2%
31.1%
Operating Margin
5.2%
3.4%
Net Margin
2.2%
2.6%
Revenue YoY
1.9%
15.4%
Net Profit YoY
-65.0%
23.8%
EPS (diluted)
$0.18
$0.23

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
DIOD
DIOD
Q4 25
$760.6M
$391.6M
Q3 25
$806.5M
$392.2M
Q2 25
$866.5M
$366.2M
Q1 25
$826.6M
$332.1M
Q4 24
$746.5M
$339.3M
Q3 24
$815.2M
$350.1M
Q2 24
$849.7M
$319.8M
Q1 24
$829.0M
$302.0M
Net Profit
AVNT
AVNT
DIOD
DIOD
Q4 25
$16.9M
$10.2M
Q3 25
$32.6M
$14.3M
Q2 25
$52.6M
$46.1M
Q1 25
$-20.2M
$-4.4M
Q4 24
$48.3M
$8.2M
Q3 24
$38.2M
$13.7M
Q2 24
$33.6M
$8.0M
Q1 24
$49.4M
$14.0M
Gross Margin
AVNT
AVNT
DIOD
DIOD
Q4 25
30.2%
31.1%
Q3 25
30.4%
30.7%
Q2 25
32.1%
31.5%
Q1 25
31.8%
31.5%
Q4 24
34.8%
32.7%
Q3 24
32.1%
33.7%
Q2 24
30.3%
33.6%
Q1 24
33.6%
33.0%
Operating Margin
AVNT
AVNT
DIOD
DIOD
Q4 25
5.2%
3.4%
Q3 25
8.3%
3.0%
Q2 25
11.1%
2.6%
Q1 25
0.1%
0.4%
Q4 24
11.5%
3.5%
Q3 24
9.5%
6.2%
Q2 24
8.5%
1.2%
Q1 24
11.3%
4.3%
Net Margin
AVNT
AVNT
DIOD
DIOD
Q4 25
2.2%
2.6%
Q3 25
4.0%
3.6%
Q2 25
6.1%
12.6%
Q1 25
-2.4%
-1.3%
Q4 24
6.5%
2.4%
Q3 24
4.7%
3.9%
Q2 24
4.0%
2.5%
Q1 24
6.0%
4.6%
EPS (diluted)
AVNT
AVNT
DIOD
DIOD
Q4 25
$0.18
$0.23
Q3 25
$0.36
$0.31
Q2 25
$0.57
$0.99
Q1 25
$-0.22
$-0.10
Q4 24
$0.53
$0.18
Q3 24
$0.41
$0.30
Q2 24
$0.36
$0.17
Q1 24
$0.54
$0.30

Balance Sheet & Financial Strength

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

Metric
AVNT
AVNT
DIOD
DIOD
Cash + ST InvestmentsLiquidity on hand
$377.0M
Total DebtLower is stronger
$1.9B
$25.7M
Stockholders' EquityBook value
$2.4B
$1.9B
Total Assets
$6.0B
$2.4B
Debt / EquityLower = less leverage
0.81×
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNT
AVNT
DIOD
DIOD
Q4 25
$377.0M
Q3 25
$386.4M
Q2 25
$327.3M
Q1 25
$343.9M
Q4 24
$316.1M
Q3 24
$319.3M
Q2 24
$273.9M
Q1 24
$276.0M
Total Debt
AVNT
AVNT
DIOD
DIOD
Q4 25
$1.9B
$25.7M
Q3 25
$2.0B
$24.9M
Q2 25
$2.0B
$26.4M
Q1 25
$2.1B
$20.5M
Q4 24
$2.1B
$20.7M
Q3 24
$2.1B
$22.2M
Q2 24
$2.1B
$20.3M
Q1 24
$2.1B
$20.9M
Stockholders' Equity
AVNT
AVNT
DIOD
DIOD
Q4 25
$2.4B
$1.9B
Q3 25
$2.4B
$1.9B
Q2 25
$2.4B
$1.9B
Q1 25
$2.3B
$1.8B
Q4 24
$2.3B
$1.8B
Q3 24
$2.4B
$1.8B
Q2 24
$2.3B
$1.8B
Q1 24
$2.3B
$1.7B
Total Assets
AVNT
AVNT
DIOD
DIOD
Q4 25
$6.0B
$2.4B
Q3 25
$6.1B
$2.5B
Q2 25
$6.1B
$2.5B
Q1 25
$5.8B
$2.4B
Q4 24
$5.8B
$2.4B
Q3 24
$6.0B
$2.4B
Q2 24
$5.9B
$2.4B
Q1 24
$5.9B
$2.4B
Debt / Equity
AVNT
AVNT
DIOD
DIOD
Q4 25
0.81×
0.01×
Q3 25
0.83×
0.01×
Q2 25
0.86×
0.01×
Q1 25
0.90×
0.01×
Q4 24
0.89×
0.01×
Q3 24
0.88×
0.01×
Q2 24
0.90×
0.01×
Q1 24
0.90×
0.01×

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
DIOD
DIOD
Operating Cash FlowLast quarter
$167.8M
$38.1M
Free Cash FlowOCF − Capex
$125.4M
$12.4M
FCF MarginFCF / Revenue
16.5%
3.2%
Capex IntensityCapex / Revenue
5.6%
6.6%
Cash ConversionOCF / Net Profit
9.93×
3.74×
TTM Free Cash FlowTrailing 4 quarters
$195.0M
$137.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNT
AVNT
DIOD
DIOD
Q4 25
$167.8M
$38.1M
Q3 25
$72.1M
$79.1M
Q2 25
$112.8M
$41.5M
Q1 25
$-51.1M
$56.7M
Q4 24
$122.6M
$81.8M
Q3 24
$71.1M
$54.4M
Q2 24
$105.9M
$14.4M
Q1 24
$-42.8M
$-31.1M
Free Cash Flow
AVNT
AVNT
DIOD
DIOD
Q4 25
$125.4M
$12.4M
Q3 25
$47.4M
$62.8M
Q2 25
$85.8M
$21.1M
Q1 25
$-63.6M
$40.8M
Q4 24
$81.5M
$62.1M
Q3 24
$46.1M
$39.4M
Q2 24
$74.5M
$-3.5M
Q1 24
$-67.2M
$-51.5M
FCF Margin
AVNT
AVNT
DIOD
DIOD
Q4 25
16.5%
3.2%
Q3 25
5.9%
16.0%
Q2 25
9.9%
5.8%
Q1 25
-7.7%
12.3%
Q4 24
10.9%
18.3%
Q3 24
5.7%
11.2%
Q2 24
8.8%
-1.1%
Q1 24
-8.1%
-17.1%
Capex Intensity
AVNT
AVNT
DIOD
DIOD
Q4 25
5.6%
6.6%
Q3 25
3.1%
4.2%
Q2 25
3.1%
5.6%
Q1 25
1.5%
4.8%
Q4 24
5.5%
5.8%
Q3 24
3.1%
4.3%
Q2 24
3.7%
5.6%
Q1 24
2.9%
6.7%
Cash Conversion
AVNT
AVNT
DIOD
DIOD
Q4 25
9.93×
3.74×
Q3 25
2.21×
5.54×
Q2 25
2.14×
0.90×
Q1 25
Q4 24
2.54×
9.93×
Q3 24
1.86×
3.95×
Q2 24
3.15×
1.80×
Q1 24
-0.87×
-2.22×

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%

DIOD
DIOD

Distributor$253.1M65%
Direct Sales$138.5M35%

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