vs

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

AVIENT CORP is the larger business by last-quarter revenue ($760.6M vs $542.6M, roughly 1.4× ExlService Holdings, Inc.). ExlService Holdings, Inc. runs the higher net margin — 11.1% vs 2.2%, a 8.9% gap on every dollar of revenue. On growth, ExlService Holdings, Inc. posted the faster year-over-year revenue change (12.7% vs 1.9%). AVIENT CORP produced more free cash flow last quarter ($125.4M vs $106.5M). Over the past eight quarters, ExlService Holdings, Inc.'s revenue compounded faster (11.5% 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.

Exlservice Holdings, Inc. is a global analytics and digital solutions company serving industries including insurance, healthcare, banking and financial services, media, retail, and others. The company is headquartered in New York and has more than 54,000 professionals in locations throughout the United States, Europe, Asia, Latin America, Australia and South Africa.

AVNT vs EXLS — Head-to-Head

Bigger by revenue
AVNT
AVNT
1.4× larger
AVNT
$760.6M
$542.6M
EXLS
Growing faster (revenue YoY)
EXLS
EXLS
+10.8% gap
EXLS
12.7%
1.9%
AVNT
Higher net margin
EXLS
EXLS
8.9% more per $
EXLS
11.1%
2.2%
AVNT
More free cash flow
AVNT
AVNT
$18.9M more FCF
AVNT
$125.4M
$106.5M
EXLS
Faster 2-yr revenue CAGR
EXLS
EXLS
Annualised
EXLS
11.5%
-4.2%
AVNT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVNT
AVNT
EXLS
EXLS
Revenue
$760.6M
$542.6M
Net Profit
$16.9M
$60.2M
Gross Margin
30.2%
38.6%
Operating Margin
5.2%
14.4%
Net Margin
2.2%
11.1%
Revenue YoY
1.9%
12.7%
Net Profit YoY
-65.0%
18.9%
EPS (diluted)
$0.18
$0.38

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
EXLS
EXLS
Q4 25
$760.6M
$542.6M
Q3 25
$806.5M
$529.6M
Q2 25
$866.5M
$514.5M
Q1 25
$826.6M
$501.0M
Q4 24
$746.5M
$481.4M
Q3 24
$815.2M
$472.1M
Q2 24
$849.7M
$448.4M
Q1 24
$829.0M
$436.5M
Net Profit
AVNT
AVNT
EXLS
EXLS
Q4 25
$16.9M
$60.2M
Q3 25
$32.6M
$58.2M
Q2 25
$52.6M
$66.1M
Q1 25
$-20.2M
$66.6M
Q4 24
$48.3M
$50.7M
Q3 24
$38.2M
$53.0M
Q2 24
$33.6M
$45.8M
Q1 24
$49.4M
$48.8M
Gross Margin
AVNT
AVNT
EXLS
EXLS
Q4 25
30.2%
38.6%
Q3 25
30.4%
38.5%
Q2 25
32.1%
37.7%
Q1 25
31.8%
38.6%
Q4 24
34.8%
38.1%
Q3 24
32.1%
37.8%
Q2 24
30.3%
37.1%
Q1 24
33.6%
37.4%
Operating Margin
AVNT
AVNT
EXLS
EXLS
Q4 25
5.2%
14.4%
Q3 25
8.3%
14.4%
Q2 25
11.1%
15.8%
Q1 25
0.1%
15.7%
Q4 24
11.5%
14.8%
Q3 24
9.5%
14.7%
Q2 24
8.5%
13.7%
Q1 24
11.3%
14.1%
Net Margin
AVNT
AVNT
EXLS
EXLS
Q4 25
2.2%
11.1%
Q3 25
4.0%
11.0%
Q2 25
6.1%
12.8%
Q1 25
-2.4%
13.3%
Q4 24
6.5%
10.5%
Q3 24
4.7%
11.2%
Q2 24
4.0%
10.2%
Q1 24
6.0%
11.2%
EPS (diluted)
AVNT
AVNT
EXLS
EXLS
Q4 25
$0.18
$0.38
Q3 25
$0.36
$0.36
Q2 25
$0.57
$0.40
Q1 25
$-0.22
$0.40
Q4 24
$0.53
$0.31
Q3 24
$0.41
$0.33
Q2 24
$0.36
$0.28
Q1 24
$0.54
$0.29

Balance Sheet & Financial Strength

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

Metric
AVNT
AVNT
EXLS
EXLS
Cash + ST InvestmentsLiquidity on hand
$328.4M
Total DebtLower is stronger
$1.9B
$298.6M
Stockholders' EquityBook value
$2.4B
$912.7M
Total Assets
$6.0B
$1.7B
Debt / EquityLower = less leverage
0.81×
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNT
AVNT
EXLS
EXLS
Q4 25
$328.4M
Q3 25
$390.1M
Q2 25
$353.3M
Q1 25
$331.4M
Q4 24
$340.6M
Q3 24
$325.8M
Q2 24
$276.1M
Q1 24
$246.2M
Total Debt
AVNT
AVNT
EXLS
EXLS
Q4 25
$1.9B
$298.6M
Q3 25
$2.0B
$354.8M
Q2 25
$2.0B
$260.0M
Q1 25
$2.1B
$307.3M
Q4 24
$2.1B
$288.5M
Q3 24
$2.1B
$344.7M
Q2 24
$2.1B
Q1 24
$2.1B
Stockholders' Equity
AVNT
AVNT
EXLS
EXLS
Q4 25
$2.4B
$912.7M
Q3 25
$2.4B
$952.4M
Q2 25
$2.4B
$1.1B
Q1 25
$2.3B
$1.0B
Q4 24
$2.3B
$929.9M
Q3 24
$2.4B
$907.6M
Q2 24
$2.3B
$852.6M
Q1 24
$2.3B
$803.3M
Total Assets
AVNT
AVNT
EXLS
EXLS
Q4 25
$6.0B
$1.7B
Q3 25
$6.1B
$1.7B
Q2 25
$6.1B
$1.7B
Q1 25
$5.8B
$1.7B
Q4 24
$5.8B
$1.6B
Q3 24
$6.0B
$1.6B
Q2 24
$5.9B
$1.5B
Q1 24
$5.9B
$1.4B
Debt / Equity
AVNT
AVNT
EXLS
EXLS
Q4 25
0.81×
0.33×
Q3 25
0.83×
0.37×
Q2 25
0.86×
0.25×
Q1 25
0.90×
0.30×
Q4 24
0.89×
0.31×
Q3 24
0.88×
0.38×
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
EXLS
EXLS
Operating Cash FlowLast quarter
$167.8M
$117.4M
Free Cash FlowOCF − Capex
$125.4M
$106.5M
FCF MarginFCF / Revenue
16.5%
19.6%
Capex IntensityCapex / Revenue
5.6%
2.0%
Cash ConversionOCF / Net Profit
9.93×
1.95×
TTM Free Cash FlowTrailing 4 quarters
$195.0M
$298.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNT
AVNT
EXLS
EXLS
Q4 25
$167.8M
$117.4M
Q3 25
$72.1M
$120.7M
Q2 25
$112.8M
$109.4M
Q1 25
$-51.1M
$3.2M
Q4 24
$122.6M
$105.3M
Q3 24
$71.1M
$110.1M
Q2 24
$105.9M
$74.9M
Q1 24
$-42.8M
$-21.9M
Free Cash Flow
AVNT
AVNT
EXLS
EXLS
Q4 25
$125.4M
$106.5M
Q3 25
$47.4M
$106.4M
Q2 25
$85.8M
$95.0M
Q1 25
$-63.6M
$-9.7M
Q4 24
$81.5M
$95.3M
Q3 24
$46.1M
$97.3M
Q2 24
$74.5M
$62.8M
Q1 24
$-67.2M
$-33.1M
FCF Margin
AVNT
AVNT
EXLS
EXLS
Q4 25
16.5%
19.6%
Q3 25
5.9%
20.1%
Q2 25
9.9%
18.5%
Q1 25
-7.7%
-1.9%
Q4 24
10.9%
19.8%
Q3 24
5.7%
20.6%
Q2 24
8.8%
14.0%
Q1 24
-8.1%
-7.6%
Capex Intensity
AVNT
AVNT
EXLS
EXLS
Q4 25
5.6%
2.0%
Q3 25
3.1%
2.7%
Q2 25
3.1%
2.8%
Q1 25
1.5%
2.6%
Q4 24
5.5%
2.1%
Q3 24
3.1%
2.7%
Q2 24
3.7%
2.7%
Q1 24
2.9%
2.6%
Cash Conversion
AVNT
AVNT
EXLS
EXLS
Q4 25
9.93×
1.95×
Q3 25
2.21×
2.08×
Q2 25
2.14×
1.66×
Q1 25
0.05×
Q4 24
2.54×
2.08×
Q3 24
1.86×
2.08×
Q2 24
3.15×
1.63×
Q1 24
-0.87×
-0.45×

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%

EXLS
EXLS

Insurance$185.8M34%
Healthcare And Life Sciences$142.2M26%
Banking Capital Markets And Diversified Industries$122.6M23%
International Growth Markets$92.0M17%

Related Comparisons