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

PHINIA INC. is the larger business by last-quarter revenue ($889.0M vs $760.6M, roughly 1.2× AVIENT CORP). On growth, PHINIA INC. posted the faster year-over-year revenue change (6.7% vs 1.9%). AVIENT CORP produced more free cash flow last quarter ($125.4M vs $67.0M). Over the past eight quarters, PHINIA INC.'s revenue compounded faster (1.5% 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.

PHINIA Inc. is a global automotive technology provider specializing in fuel injection systems, starters, alternators, and hybrid/electric vehicle components. It serves OEMs and aftermarket customers across North America, Europe, Asia Pacific and key markets, covering passenger car, commercial vehicle and industrial mobility segments.

AVNT vs PHIN — Head-to-Head

Bigger by revenue
PHIN
PHIN
1.2× larger
PHIN
$889.0M
$760.6M
AVNT
Growing faster (revenue YoY)
PHIN
PHIN
+4.8% gap
PHIN
6.7%
1.9%
AVNT
More free cash flow
AVNT
AVNT
$58.4M more FCF
AVNT
$125.4M
$67.0M
PHIN
Faster 2-yr revenue CAGR
PHIN
PHIN
Annualised
PHIN
1.5%
-4.2%
AVNT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVNT
AVNT
PHIN
PHIN
Revenue
$760.6M
$889.0M
Net Profit
$16.9M
Gross Margin
30.2%
21.7%
Operating Margin
5.2%
7.8%
Net Margin
2.2%
Revenue YoY
1.9%
6.7%
Net Profit YoY
-65.0%
EPS (diluted)
$0.18
$1.14

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
PHIN
PHIN
Q4 25
$760.6M
$889.0M
Q3 25
$806.5M
$908.0M
Q2 25
$866.5M
$890.0M
Q1 25
$826.6M
$796.0M
Q4 24
$746.5M
$833.0M
Q3 24
$815.2M
$839.0M
Q2 24
$849.7M
$868.0M
Q1 24
$829.0M
$863.0M
Net Profit
AVNT
AVNT
PHIN
PHIN
Q4 25
$16.9M
Q3 25
$32.6M
$13.0M
Q2 25
$52.6M
$46.0M
Q1 25
$-20.2M
$26.0M
Q4 24
$48.3M
Q3 24
$38.2M
$31.0M
Q2 24
$33.6M
$14.0M
Q1 24
$49.4M
$29.0M
Gross Margin
AVNT
AVNT
PHIN
PHIN
Q4 25
30.2%
21.7%
Q3 25
30.4%
22.0%
Q2 25
32.1%
22.1%
Q1 25
31.8%
21.6%
Q4 24
34.8%
22.7%
Q3 24
32.1%
22.3%
Q2 24
30.3%
21.7%
Q1 24
33.6%
22.2%
Operating Margin
AVNT
AVNT
PHIN
PHIN
Q4 25
5.2%
7.8%
Q3 25
8.3%
3.7%
Q2 25
11.1%
10.0%
Q1 25
0.1%
7.8%
Q4 24
11.5%
6.1%
Q3 24
9.5%
7.9%
Q2 24
8.5%
8.2%
Q1 24
11.3%
8.2%
Net Margin
AVNT
AVNT
PHIN
PHIN
Q4 25
2.2%
Q3 25
4.0%
1.4%
Q2 25
6.1%
5.2%
Q1 25
-2.4%
3.3%
Q4 24
6.5%
Q3 24
4.7%
3.7%
Q2 24
4.0%
1.6%
Q1 24
6.0%
3.4%
EPS (diluted)
AVNT
AVNT
PHIN
PHIN
Q4 25
$0.18
$1.14
Q3 25
$0.36
$0.33
Q2 25
$0.57
$1.14
Q1 25
$-0.22
$0.63
Q4 24
$0.53
$0.13
Q3 24
$0.41
$0.70
Q2 24
$0.36
$0.31
Q1 24
$0.54
$0.62

Balance Sheet & Financial Strength

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

Metric
AVNT
AVNT
PHIN
PHIN
Cash + ST InvestmentsLiquidity on hand
$359.0M
Total DebtLower is stronger
$1.9B
$970.0M
Stockholders' EquityBook value
$2.4B
$1.6B
Total Assets
$6.0B
$3.8B
Debt / EquityLower = less leverage
0.81×
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNT
AVNT
PHIN
PHIN
Q4 25
$359.0M
Q3 25
$349.0M
Q2 25
$347.0M
Q1 25
$373.0M
Q4 24
$484.0M
Q3 24
$477.0M
Q2 24
$339.0M
Q1 24
$325.0M
Total Debt
AVNT
AVNT
PHIN
PHIN
Q4 25
$1.9B
$970.0M
Q3 25
$2.0B
$990.0M
Q2 25
$2.0B
$990.0M
Q1 25
$2.1B
$989.0M
Q4 24
$2.1B
$988.0M
Q3 24
$2.1B
$987.0M
Q2 24
$2.1B
$821.0M
Q1 24
$2.1B
$706.0M
Stockholders' Equity
AVNT
AVNT
PHIN
PHIN
Q4 25
$2.4B
$1.6B
Q3 25
$2.4B
$1.6B
Q2 25
$2.4B
$1.6B
Q1 25
$2.3B
$1.5B
Q4 24
$2.3B
$1.6B
Q3 24
$2.4B
$1.7B
Q2 24
$2.3B
$1.7B
Q1 24
$2.3B
$1.9B
Total Assets
AVNT
AVNT
PHIN
PHIN
Q4 25
$6.0B
$3.8B
Q3 25
$6.1B
$4.0B
Q2 25
$6.1B
$3.9B
Q1 25
$5.8B
$3.7B
Q4 24
$5.8B
$3.8B
Q3 24
$6.0B
$4.0B
Q2 24
$5.9B
$3.9B
Q1 24
$5.9B
$4.0B
Debt / Equity
AVNT
AVNT
PHIN
PHIN
Q4 25
0.81×
0.61×
Q3 25
0.83×
0.62×
Q2 25
0.86×
0.61×
Q1 25
0.90×
0.64×
Q4 24
0.89×
0.63×
Q3 24
0.88×
0.58×
Q2 24
0.90×
0.47×
Q1 24
0.90×
0.38×

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
PHIN
PHIN
Operating Cash FlowLast quarter
$167.8M
$96.0M
Free Cash FlowOCF − Capex
$125.4M
$67.0M
FCF MarginFCF / Revenue
16.5%
7.5%
Capex IntensityCapex / Revenue
5.6%
3.3%
Cash ConversionOCF / Net Profit
9.93×
TTM Free Cash FlowTrailing 4 quarters
$195.0M
$188.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNT
AVNT
PHIN
PHIN
Q4 25
$167.8M
$96.0M
Q3 25
$72.1M
$119.0M
Q2 25
$112.8M
$57.0M
Q1 25
$-51.1M
$40.0M
Q4 24
$122.6M
$73.0M
Q3 24
$71.1M
$95.0M
Q2 24
$105.9M
$109.0M
Q1 24
$-42.8M
$31.0M
Free Cash Flow
AVNT
AVNT
PHIN
PHIN
Q4 25
$125.4M
$67.0M
Q3 25
$47.4M
$93.0M
Q2 25
$85.8M
$23.0M
Q1 25
$-63.6M
$5.0M
Q4 24
$81.5M
$53.0M
Q3 24
$46.1M
$70.0M
Q2 24
$74.5M
$92.0M
Q1 24
$-67.2M
$-12.0M
FCF Margin
AVNT
AVNT
PHIN
PHIN
Q4 25
16.5%
7.5%
Q3 25
5.9%
10.2%
Q2 25
9.9%
2.6%
Q1 25
-7.7%
0.6%
Q4 24
10.9%
6.4%
Q3 24
5.7%
8.3%
Q2 24
8.8%
10.6%
Q1 24
-8.1%
-1.4%
Capex Intensity
AVNT
AVNT
PHIN
PHIN
Q4 25
5.6%
3.3%
Q3 25
3.1%
2.9%
Q2 25
3.1%
3.8%
Q1 25
1.5%
4.4%
Q4 24
5.5%
2.4%
Q3 24
3.1%
3.0%
Q2 24
3.7%
2.0%
Q1 24
2.9%
5.0%
Cash Conversion
AVNT
AVNT
PHIN
PHIN
Q4 25
9.93×
Q3 25
2.21×
9.15×
Q2 25
2.14×
1.24×
Q1 25
1.54×
Q4 24
2.54×
Q3 24
1.86×
3.06×
Q2 24
3.15×
7.79×
Q1 24
-0.87×
1.07×

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%

PHIN
PHIN

Customer$618.0M70%
Fuel Systems$194.0M22%
Other$77.0M9%

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