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Side-by-side financial comparison of AVIENT CORP (AVNT) and Global Business Travel Group, Inc. (GBTG). Click either name above to swap in a different company.
Global Business Travel Group, Inc. is the larger business by last-quarter revenue ($792.0M vs $760.6M, roughly 1.0× AVIENT CORP). Global Business Travel Group, Inc. runs the higher net margin — 10.5% vs 2.2%, a 8.3% gap on every dollar of revenue. On growth, Global Business Travel Group, Inc. posted the faster year-over-year revenue change (34.0% vs 1.9%). AVIENT CORP produced more free cash flow last quarter ($125.4M vs $13.0M). Over the past eight quarters, Global Business Travel Group, 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.
A travel management company (TMC) is a travel agency which manages organizations' corporate or business travel programs. Such companies will often provide an end-user online booking tool, mobile application, program management, and consulting teams, executive travel services, meetings and events support, reporting functionality, duty of care, and more. Non-Profit travel management companies also provide services to manage complex visa requirements, pre-trip medical needs, remote area travel, ...
AVNT vs GBTG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $760.6M | $792.0M |
| Net Profit | $16.9M | $83.0M |
| Gross Margin | 30.2% | — |
| Operating Margin | 5.2% | 3.7% |
| Net Margin | 2.2% | 10.5% |
| Revenue YoY | 1.9% | 34.0% |
| Net Profit YoY | -65.0% | 692.9% |
| EPS (diluted) | $0.18 | $0.16 |
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.
| Q4 25 | $760.6M | $792.0M | ||
| Q3 25 | $806.5M | $674.0M | ||
| Q2 25 | $866.5M | $631.0M | ||
| Q1 25 | $826.6M | $621.0M | ||
| Q4 24 | $746.5M | $591.0M | ||
| Q3 24 | $815.2M | $597.0M | ||
| Q2 24 | $849.7M | $625.0M | ||
| Q1 24 | $829.0M | $610.0M |
| Q4 25 | $16.9M | $83.0M | ||
| Q3 25 | $32.6M | $-62.0M | ||
| Q2 25 | $52.6M | $15.0M | ||
| Q1 25 | $-20.2M | $75.0M | ||
| Q4 24 | $48.3M | $-14.0M | ||
| Q3 24 | $38.2M | $-128.0M | ||
| Q2 24 | $33.6M | $27.0M | ||
| Q1 24 | $49.4M | $-19.0M |
| Q4 25 | 30.2% | — | ||
| Q3 25 | 30.4% | — | ||
| Q2 25 | 32.1% | — | ||
| Q1 25 | 31.8% | — | ||
| Q4 24 | 34.8% | — | ||
| Q3 24 | 32.1% | — | ||
| Q2 24 | 30.3% | — | ||
| Q1 24 | 33.6% | — |
| Q4 25 | 5.2% | 3.7% | ||
| Q3 25 | 8.3% | 1.8% | ||
| Q2 25 | 11.1% | 5.4% | ||
| Q1 25 | 0.1% | 8.9% | ||
| Q4 24 | 11.5% | 5.1% | ||
| Q3 24 | 9.5% | 4.5% | ||
| Q2 24 | 8.5% | 6.7% | ||
| Q1 24 | 11.3% | 2.6% |
| Q4 25 | 2.2% | 10.5% | ||
| Q3 25 | 4.0% | -9.2% | ||
| Q2 25 | 6.1% | 2.4% | ||
| Q1 25 | -2.4% | 12.1% | ||
| Q4 24 | 6.5% | -2.4% | ||
| Q3 24 | 4.7% | -21.4% | ||
| Q2 24 | 4.0% | 4.3% | ||
| Q1 24 | 6.0% | -3.1% |
| Q4 25 | $0.18 | $0.16 | ||
| Q3 25 | $0.36 | $-0.13 | ||
| Q2 25 | $0.57 | $0.03 | ||
| Q1 25 | $-0.22 | $0.16 | ||
| Q4 24 | $0.53 | $-0.04 | ||
| Q3 24 | $0.41 | $-0.28 | ||
| Q2 24 | $0.36 | $0.06 | ||
| Q1 24 | $0.54 | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $434.0M |
| Total DebtLower is stronger | $1.9B | $1.4B |
| Stockholders' EquityBook value | $2.4B | $1.6B |
| Total Assets | $6.0B | $4.9B |
| Debt / EquityLower = less leverage | 0.81× | 0.88× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $434.0M | ||
| Q3 25 | — | $427.0M | ||
| Q2 25 | — | $601.0M | ||
| Q1 25 | — | $552.0M | ||
| Q4 24 | — | $536.0M | ||
| Q3 24 | — | $524.0M | ||
| Q2 24 | — | $515.0M | ||
| Q1 24 | — | $475.0M |
| Q4 25 | $1.9B | $1.4B | ||
| Q3 25 | $2.0B | $1.4B | ||
| Q2 25 | $2.0B | $1.4B | ||
| Q1 25 | $2.1B | $1.4B | ||
| Q4 24 | $2.1B | $1.4B | ||
| Q3 24 | $2.1B | $1.4B | ||
| Q2 24 | $2.1B | — | ||
| Q1 24 | $2.1B | — |
| Q4 25 | $2.4B | $1.6B | ||
| Q3 25 | $2.4B | $1.5B | ||
| Q2 25 | $2.4B | $1.2B | ||
| Q1 25 | $2.3B | $1.1B | ||
| Q4 24 | $2.3B | $1.1B | ||
| Q3 24 | $2.4B | $1.1B | ||
| Q2 24 | $2.3B | $1.2B | ||
| Q1 24 | $2.3B | $1.2B |
| Q4 25 | $6.0B | $4.9B | ||
| Q3 25 | $6.1B | $4.8B | ||
| Q2 25 | $6.1B | $3.9B | ||
| Q1 25 | $5.8B | $3.8B | ||
| Q4 24 | $5.8B | $3.6B | ||
| Q3 24 | $6.0B | $3.8B | ||
| Q2 24 | $5.9B | $3.8B | ||
| Q1 24 | $5.9B | $3.8B |
| Q4 25 | 0.81× | 0.88× | ||
| Q3 25 | 0.83× | 0.91× | ||
| Q2 25 | 0.86× | 1.15× | ||
| Q1 25 | 0.90× | 1.23× | ||
| Q4 24 | 0.89× | 1.32× | ||
| Q3 24 | 0.88× | 1.26× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $167.8M | $52.0M |
| Free Cash FlowOCF − Capex | $125.4M | $13.0M |
| FCF MarginFCF / Revenue | 16.5% | 1.6% |
| Capex IntensityCapex / Revenue | 5.6% | 4.9% |
| Cash ConversionOCF / Net Profit | 9.93× | 0.63× |
| TTM Free Cash FlowTrailing 4 quarters | $195.0M | $104.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $167.8M | $52.0M | ||
| Q3 25 | $72.1M | $71.0M | ||
| Q2 25 | $112.8M | $57.0M | ||
| Q1 25 | $-51.1M | $53.0M | ||
| Q4 24 | $122.6M | $65.0M | ||
| Q3 24 | $71.1M | $85.0M | ||
| Q2 24 | $105.9M | $73.0M | ||
| Q1 24 | $-42.8M | $49.0M |
| Q4 25 | $125.4M | $13.0M | ||
| Q3 25 | $47.4M | $38.0M | ||
| Q2 25 | $85.8M | $27.0M | ||
| Q1 25 | $-63.6M | $26.0M | ||
| Q4 24 | $81.5M | $33.0M | ||
| Q3 24 | $46.1M | $59.0M | ||
| Q2 24 | $74.5M | $49.0M | ||
| Q1 24 | $-67.2M | $24.0M |
| Q4 25 | 16.5% | 1.6% | ||
| Q3 25 | 5.9% | 5.6% | ||
| Q2 25 | 9.9% | 4.3% | ||
| Q1 25 | -7.7% | 4.2% | ||
| Q4 24 | 10.9% | 5.6% | ||
| Q3 24 | 5.7% | 9.9% | ||
| Q2 24 | 8.8% | 7.8% | ||
| Q1 24 | -8.1% | 3.9% |
| Q4 25 | 5.6% | 4.9% | ||
| Q3 25 | 3.1% | 4.9% | ||
| Q2 25 | 3.1% | 4.8% | ||
| Q1 25 | 1.5% | 4.3% | ||
| Q4 24 | 5.5% | 5.4% | ||
| Q3 24 | 3.1% | 4.4% | ||
| Q2 24 | 3.7% | 3.8% | ||
| Q1 24 | 2.9% | 4.1% |
| Q4 25 | 9.93× | 0.63× | ||
| Q3 25 | 2.21× | — | ||
| Q2 25 | 2.14× | 3.80× | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | 2.54× | — | ||
| Q3 24 | 1.86× | — | ||
| Q2 24 | 3.15× | 2.70× | ||
| Q1 24 | -0.87× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AVNT
| Color Additives And Inks | $466.0M | 61% |
| Specialty Engineered Materials | $295.5M | 39% |
GBTG
| Travel | $620.0M | 78% |
| Other | $172.0M | 22% |
