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

MATTEL INC is the larger business by last-quarter revenue ($862.2M vs $760.6M, roughly 1.1× AVIENT CORP). MATTEL INC runs the higher net margin — 7.1% vs 2.2%, a 4.9% gap on every dollar of revenue. On growth, MATTEL INC posted the faster year-over-year revenue change (4.3% vs 1.9%). AVIENT CORP produced more free cash flow last quarter ($125.4M vs $-88.1M). Over the past eight quarters, AVIENT CORP's revenue compounded faster (-4.2% CAGR vs -10.6%).

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.

Mattel Films was the film production division of American toy and entertainment company Mattel that operated from September 6, 2018 to June 2, 2025. It succeeded Mattel Playground Productions, which was formed on October 16, 2013 as part of Mattel Global Brands, a unified media structural and strategy unit, as itself the successor to Mattel Entertainment and Mattel Studios, Mattel's prior entertainment brands/banners.

AVNT vs MAT — Head-to-Head

Bigger by revenue
MAT
MAT
1.1× larger
MAT
$862.2M
$760.6M
AVNT
Growing faster (revenue YoY)
MAT
MAT
+2.4% gap
MAT
4.3%
1.9%
AVNT
Higher net margin
MAT
MAT
4.9% more per $
MAT
7.1%
2.2%
AVNT
More free cash flow
AVNT
AVNT
$213.5M more FCF
AVNT
$125.4M
$-88.1M
MAT
Faster 2-yr revenue CAGR
AVNT
AVNT
Annualised
AVNT
-4.2%
-10.6%
MAT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AVNT
AVNT
MAT
MAT
Revenue
$760.6M
$862.2M
Net Profit
$16.9M
$61.0M
Gross Margin
30.2%
44.9%
Operating Margin
5.2%
Net Margin
2.2%
7.1%
Revenue YoY
1.9%
4.3%
Net Profit YoY
-65.0%
251.4%
EPS (diluted)
$0.18
$0.20

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
MAT
MAT
Q1 26
$862.2M
Q4 25
$760.6M
$1.8B
Q3 25
$806.5M
$1.7B
Q2 25
$866.5M
$1.0B
Q1 25
$826.6M
$826.6M
Q4 24
$746.5M
$1.6B
Q3 24
$815.2M
$1.8B
Q2 24
$849.7M
$1.1B
Net Profit
AVNT
AVNT
MAT
MAT
Q1 26
$61.0M
Q4 25
$16.9M
$106.2M
Q3 25
$32.6M
$278.4M
Q2 25
$52.6M
$53.4M
Q1 25
$-20.2M
$-40.3M
Q4 24
$48.3M
$140.9M
Q3 24
$38.2M
$372.4M
Q2 24
$33.6M
$56.9M
Gross Margin
AVNT
AVNT
MAT
MAT
Q1 26
44.9%
Q4 25
30.2%
45.9%
Q3 25
30.4%
50.0%
Q2 25
32.1%
50.9%
Q1 25
31.8%
49.4%
Q4 24
34.8%
50.7%
Q3 24
32.1%
53.1%
Q2 24
30.3%
49.2%
Operating Margin
AVNT
AVNT
MAT
MAT
Q1 26
Q4 25
5.2%
8.0%
Q3 25
8.3%
21.9%
Q2 25
11.1%
7.7%
Q1 25
0.1%
-6.4%
Q4 24
11.5%
9.6%
Q3 24
9.5%
26.5%
Q2 24
8.5%
7.7%
Net Margin
AVNT
AVNT
MAT
MAT
Q1 26
7.1%
Q4 25
2.2%
6.0%
Q3 25
4.0%
16.0%
Q2 25
6.1%
5.2%
Q1 25
-2.4%
-4.9%
Q4 24
6.5%
8.6%
Q3 24
4.7%
20.2%
Q2 24
4.0%
5.3%
EPS (diluted)
AVNT
AVNT
MAT
MAT
Q1 26
$0.20
Q4 25
$0.18
$0.32
Q3 25
$0.36
$0.88
Q2 25
$0.57
$0.16
Q1 25
$-0.22
$-0.12
Q4 24
$0.53
$0.40
Q3 24
$0.41
$1.09
Q2 24
$0.36
$0.17

Balance Sheet & Financial Strength

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

Metric
AVNT
AVNT
MAT
MAT
Cash + ST InvestmentsLiquidity on hand
$866.0M
Total DebtLower is stronger
$1.9B
$2.3B
Stockholders' EquityBook value
$2.4B
$2.1B
Total Assets
$6.0B
$6.3B
Debt / EquityLower = less leverage
0.81×
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNT
AVNT
MAT
MAT
Q1 26
$866.0M
Q4 25
$1.2B
Q3 25
$691.9M
Q2 25
$870.5M
Q1 25
$1.2B
Q4 24
$1.4B
Q3 24
$723.5M
Q2 24
$722.4M
Total Debt
AVNT
AVNT
MAT
MAT
Q1 26
$2.3B
Q4 25
$1.9B
$2.3B
Q3 25
$2.0B
$2.3B
Q2 25
$2.0B
$2.3B
Q1 25
$2.1B
$2.3B
Q4 24
$2.1B
$2.3B
Q3 24
$2.1B
$2.3B
Q2 24
$2.1B
$2.3B
Stockholders' Equity
AVNT
AVNT
MAT
MAT
Q1 26
$2.1B
Q4 25
$2.4B
$2.2B
Q3 25
$2.4B
$2.3B
Q2 25
$2.4B
$2.2B
Q1 25
$2.3B
$2.1B
Q4 24
$2.3B
$2.3B
Q3 24
$2.4B
$2.3B
Q2 24
$2.3B
$2.0B
Total Assets
AVNT
AVNT
MAT
MAT
Q1 26
$6.3B
Q4 25
$6.0B
$6.6B
Q3 25
$6.1B
$6.6B
Q2 25
$6.1B
$6.2B
Q1 25
$5.8B
$6.2B
Q4 24
$5.8B
$6.5B
Q3 24
$6.0B
$6.5B
Q2 24
$5.9B
$5.9B
Debt / Equity
AVNT
AVNT
MAT
MAT
Q1 26
1.11×
Q4 25
0.81×
1.04×
Q3 25
0.83×
1.03×
Q2 25
0.86×
1.08×
Q1 25
0.90×
1.10×
Q4 24
0.89×
1.03×
Q3 24
0.88×
1.01×
Q2 24
0.90×
1.18×

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
MAT
MAT
Operating Cash FlowLast quarter
$167.8M
Free Cash FlowOCF − Capex
$125.4M
$-88.1M
FCF MarginFCF / Revenue
16.5%
-10.2%
Capex IntensityCapex / Revenue
5.6%
7.6%
Cash ConversionOCF / Net Profit
9.93×
TTM Free Cash FlowTrailing 4 quarters
$195.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNT
AVNT
MAT
MAT
Q1 26
Q4 25
$167.8M
$796.6M
Q3 25
$72.1M
$72.0M
Q2 25
$112.8M
$-300.1M
Q1 25
$-51.1M
$24.8M
Q4 24
$122.6M
$862.1M
Q3 24
$71.1M
$155.8M
Q2 24
$105.9M
$-252.9M
Free Cash Flow
AVNT
AVNT
MAT
MAT
Q1 26
$-88.1M
Q4 25
$125.4M
Q3 25
$47.4M
Q2 25
$85.8M
Q1 25
$-63.6M
Q4 24
$81.5M
Q3 24
$46.1M
Q2 24
$74.5M
FCF Margin
AVNT
AVNT
MAT
MAT
Q1 26
-10.2%
Q4 25
16.5%
Q3 25
5.9%
Q2 25
9.9%
Q1 25
-7.7%
Q4 24
10.9%
Q3 24
5.7%
Q2 24
8.8%
Capex Intensity
AVNT
AVNT
MAT
MAT
Q1 26
7.6%
Q4 25
5.6%
Q3 25
3.1%
Q2 25
3.1%
Q1 25
1.5%
Q4 24
5.5%
Q3 24
3.1%
Q2 24
3.7%
Cash Conversion
AVNT
AVNT
MAT
MAT
Q1 26
Q4 25
9.93×
7.50×
Q3 25
2.21×
0.26×
Q2 25
2.14×
-5.62×
Q1 25
Q4 24
2.54×
6.12×
Q3 24
1.86×
0.42×
Q2 24
3.15×
-4.45×

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%

MAT
MAT

Segment breakdown not available.

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