vs

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

AVIENT CORP is the larger business by last-quarter revenue ($760.6M vs $510.9M, roughly 1.5× MSA Safety Inc). MSA Safety Inc runs the higher net margin — 17.0% vs 2.2%, a 14.8% gap on every dollar of revenue. On growth, MSA Safety Inc posted the faster year-over-year revenue change (2.2% vs 1.9%). AVIENT CORP produced more free cash flow last quarter ($125.4M vs $106.0M). Over the past eight quarters, MSA Safety Inc's revenue compounded faster (11.2% 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.

Mine Safety Appliances, or MSA Safety Incorporated, is an American manufacturer and supplier of safety equipment designed for use in a variety of hazardous conditions in industries such as construction, the military, fire service, and chemical, oil, and gas production. MSA is based in the Pittsburgh suburb of Cranberry.

AVNT vs MSA — Head-to-Head

Bigger by revenue
AVNT
AVNT
1.5× larger
AVNT
$760.6M
$510.9M
MSA
Growing faster (revenue YoY)
MSA
MSA
+0.4% gap
MSA
2.2%
1.9%
AVNT
Higher net margin
MSA
MSA
14.8% more per $
MSA
17.0%
2.2%
AVNT
More free cash flow
AVNT
AVNT
$19.4M more FCF
AVNT
$125.4M
$106.0M
MSA
Faster 2-yr revenue CAGR
MSA
MSA
Annualised
MSA
11.2%
-4.2%
AVNT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVNT
AVNT
MSA
MSA
Revenue
$760.6M
$510.9M
Net Profit
$16.9M
$86.9M
Gross Margin
30.2%
46.9%
Operating Margin
5.2%
22.3%
Net Margin
2.2%
17.0%
Revenue YoY
1.9%
2.2%
Net Profit YoY
-65.0%
-1.2%
EPS (diluted)
$0.18
$2.22

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
MSA
MSA
Q4 25
$760.6M
$510.9M
Q3 25
$806.5M
$468.4M
Q2 25
$866.5M
$474.1M
Q1 25
$826.6M
$421.3M
Q4 24
$746.5M
$499.7M
Q3 24
$815.2M
$432.7M
Q2 24
$849.7M
$462.5M
Q1 24
$829.0M
$413.3M
Net Profit
AVNT
AVNT
MSA
MSA
Q4 25
$16.9M
$86.9M
Q3 25
$32.6M
$69.6M
Q2 25
$52.6M
$62.8M
Q1 25
$-20.2M
$59.6M
Q4 24
$48.3M
$87.9M
Q3 24
$38.2M
$66.6M
Q2 24
$33.6M
$72.2M
Q1 24
$49.4M
$58.1M
Gross Margin
AVNT
AVNT
MSA
MSA
Q4 25
30.2%
46.9%
Q3 25
30.4%
46.5%
Q2 25
32.1%
46.6%
Q1 25
31.8%
45.9%
Q4 24
34.8%
46.9%
Q3 24
32.1%
47.9%
Q2 24
30.3%
48.2%
Q1 24
33.6%
47.3%
Operating Margin
AVNT
AVNT
MSA
MSA
Q4 25
5.2%
22.3%
Q3 25
8.3%
20.1%
Q2 25
11.1%
18.1%
Q1 25
0.1%
18.5%
Q4 24
11.5%
23.5%
Q3 24
9.5%
21.1%
Q2 24
8.5%
21.6%
Q1 24
11.3%
19.4%
Net Margin
AVNT
AVNT
MSA
MSA
Q4 25
2.2%
17.0%
Q3 25
4.0%
14.9%
Q2 25
6.1%
13.2%
Q1 25
-2.4%
14.1%
Q4 24
6.5%
17.6%
Q3 24
4.7%
15.4%
Q2 24
4.0%
15.6%
Q1 24
6.0%
14.1%
EPS (diluted)
AVNT
AVNT
MSA
MSA
Q4 25
$0.18
$2.22
Q3 25
$0.36
$1.77
Q2 25
$0.57
$1.59
Q1 25
$-0.22
$1.51
Q4 24
$0.53
$2.22
Q3 24
$0.41
$1.69
Q2 24
$0.36
$1.83
Q1 24
$0.54
$1.47

Balance Sheet & Financial Strength

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

Metric
AVNT
AVNT
MSA
MSA
Cash + ST InvestmentsLiquidity on hand
$165.1M
Total DebtLower is stronger
$1.9B
$580.9M
Stockholders' EquityBook value
$2.4B
$1.4B
Total Assets
$6.0B
$2.6B
Debt / EquityLower = less leverage
0.81×
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNT
AVNT
MSA
MSA
Q4 25
$165.1M
Q3 25
$170.0M
Q2 25
$147.0M
Q1 25
$170.6M
Q4 24
$164.6M
Q3 24
$154.4M
Q2 24
$146.8M
Q1 24
$148.3M
Total Debt
AVNT
AVNT
MSA
MSA
Q4 25
$1.9B
$580.9M
Q3 25
$2.0B
$628.6M
Q2 25
$2.0B
$679.3M
Q1 25
$2.1B
$502.1M
Q4 24
$2.1B
$508.0M
Q3 24
$2.1B
$554.7M
Q2 24
$2.1B
$588.2M
Q1 24
$2.1B
$596.2M
Stockholders' Equity
AVNT
AVNT
MSA
MSA
Q4 25
$2.4B
$1.4B
Q3 25
$2.4B
$1.3B
Q2 25
$2.4B
$1.3B
Q1 25
$2.3B
$1.2B
Q4 24
$2.3B
$1.1B
Q3 24
$2.4B
$1.1B
Q2 24
$2.3B
$1.0B
Q1 24
$2.3B
$994.8M
Total Assets
AVNT
AVNT
MSA
MSA
Q4 25
$6.0B
$2.6B
Q3 25
$6.1B
$2.6B
Q2 25
$6.1B
$2.6B
Q1 25
$5.8B
$2.2B
Q4 24
$5.8B
$2.2B
Q3 24
$6.0B
$2.2B
Q2 24
$5.9B
$2.2B
Q1 24
$5.9B
$2.2B
Debt / Equity
AVNT
AVNT
MSA
MSA
Q4 25
0.81×
0.42×
Q3 25
0.83×
0.48×
Q2 25
0.86×
0.54×
Q1 25
0.90×
0.42×
Q4 24
0.89×
0.44×
Q3 24
0.88×
0.51×
Q2 24
0.90×
0.57×
Q1 24
0.90×
0.60×

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
MSA
MSA
Operating Cash FlowLast quarter
$167.8M
$122.4M
Free Cash FlowOCF − Capex
$125.4M
$106.0M
FCF MarginFCF / Revenue
16.5%
20.8%
Capex IntensityCapex / Revenue
5.6%
3.2%
Cash ConversionOCF / Net Profit
9.93×
1.41×
TTM Free Cash FlowTrailing 4 quarters
$195.0M
$295.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNT
AVNT
MSA
MSA
Q4 25
$167.8M
$122.4M
Q3 25
$72.1M
$112.5M
Q2 25
$112.8M
$67.2M
Q1 25
$-51.1M
$61.8M
Q4 24
$122.6M
$107.9M
Q3 24
$71.1M
$84.3M
Q2 24
$105.9M
$53.3M
Q1 24
$-42.8M
$50.9M
Free Cash Flow
AVNT
AVNT
MSA
MSA
Q4 25
$125.4M
$106.0M
Q3 25
$47.4M
$100.5M
Q2 25
$85.8M
$37.9M
Q1 25
$-63.6M
$51.0M
Q4 24
$81.5M
$93.5M
Q3 24
$46.1M
$70.1M
Q2 24
$74.5M
$39.0M
Q1 24
$-67.2M
$39.7M
FCF Margin
AVNT
AVNT
MSA
MSA
Q4 25
16.5%
20.8%
Q3 25
5.9%
21.4%
Q2 25
9.9%
8.0%
Q1 25
-7.7%
12.1%
Q4 24
10.9%
18.7%
Q3 24
5.7%
16.2%
Q2 24
8.8%
8.4%
Q1 24
-8.1%
9.6%
Capex Intensity
AVNT
AVNT
MSA
MSA
Q4 25
5.6%
3.2%
Q3 25
3.1%
2.6%
Q2 25
3.1%
6.2%
Q1 25
1.5%
2.6%
Q4 24
5.5%
2.9%
Q3 24
3.1%
3.3%
Q2 24
3.7%
3.1%
Q1 24
2.9%
2.7%
Cash Conversion
AVNT
AVNT
MSA
MSA
Q4 25
9.93×
1.41×
Q3 25
2.21×
1.62×
Q2 25
2.14×
1.07×
Q1 25
1.04×
Q4 24
2.54×
1.23×
Q3 24
1.86×
1.27×
Q2 24
3.15×
0.74×
Q1 24
-0.87×
0.88×

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%

MSA
MSA

Americas Segment$335.2M66%
International Segment$175.7M34%

Related Comparisons