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

AVIENT CORP is the larger business by last-quarter revenue ($760.6M vs $685.8M, roughly 1.1× PTC Inc.). PTC Inc. runs the higher net margin — 24.3% vs 2.2%, a 22.1% gap on every dollar of revenue. On growth, PTC Inc. posted the faster year-over-year revenue change (21.4% vs 1.9%). PTC Inc. produced more free cash flow last quarter ($267.4M vs $125.4M). Over the past eight quarters, PTC Inc.'s revenue compounded faster (6.6% 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.

PTC Inc. is an American computer software and services company founded in 1985 and headquartered in Boston, Massachusetts. The company was a pioneer in parametric, associative feature-based, solid computer-aided design (CAD) modeling software in 1988, including an Internet-based product for Product Lifecycle Management (PLM) in 1998. PTC markets products and services and an Internet of Things (IoT) and augmented reality (AR) platform for partners and developers.

AVNT vs PTC — Head-to-Head

Bigger by revenue
AVNT
AVNT
1.1× larger
AVNT
$760.6M
$685.8M
PTC
Growing faster (revenue YoY)
PTC
PTC
+19.5% gap
PTC
21.4%
1.9%
AVNT
Higher net margin
PTC
PTC
22.1% more per $
PTC
24.3%
2.2%
AVNT
More free cash flow
PTC
PTC
$142.0M more FCF
PTC
$267.4M
$125.4M
AVNT
Faster 2-yr revenue CAGR
PTC
PTC
Annualised
PTC
6.6%
-4.2%
AVNT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AVNT
AVNT
PTC
PTC
Revenue
$760.6M
$685.8M
Net Profit
$16.9M
$166.5M
Gross Margin
30.2%
82.8%
Operating Margin
5.2%
32.2%
Net Margin
2.2%
24.3%
Revenue YoY
1.9%
21.4%
Net Profit YoY
-65.0%
102.5%
EPS (diluted)
$0.18
$1.39

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
PTC
PTC
Q4 25
$760.6M
$685.8M
Q3 25
$806.5M
$893.8M
Q2 25
$866.5M
$643.9M
Q1 25
$826.6M
$636.4M
Q4 24
$746.5M
$565.1M
Q3 24
$815.2M
$626.5M
Q2 24
$849.7M
$518.6M
Q1 24
$829.0M
$603.1M
Net Profit
AVNT
AVNT
PTC
PTC
Q4 25
$16.9M
$166.5M
Q3 25
$32.6M
$347.8M
Q2 25
$52.6M
$141.3M
Q1 25
$-20.2M
$162.6M
Q4 24
$48.3M
$82.2M
Q3 24
$38.2M
$126.5M
Q2 24
$33.6M
$69.0M
Q1 24
$49.4M
$114.4M
Gross Margin
AVNT
AVNT
PTC
PTC
Q4 25
30.2%
82.8%
Q3 25
30.4%
86.9%
Q2 25
32.1%
82.9%
Q1 25
31.8%
83.3%
Q4 24
34.8%
80.2%
Q3 24
32.1%
82.0%
Q2 24
30.3%
78.4%
Q1 24
33.6%
81.8%
Operating Margin
AVNT
AVNT
PTC
PTC
Q4 25
5.2%
32.2%
Q3 25
8.3%
48.5%
Q2 25
11.1%
32.6%
Q1 25
0.1%
35.1%
Q4 24
11.5%
20.4%
Q3 24
9.5%
31.0%
Q2 24
8.5%
18.5%
Q1 24
11.3%
29.8%
Net Margin
AVNT
AVNT
PTC
PTC
Q4 25
2.2%
24.3%
Q3 25
4.0%
38.9%
Q2 25
6.1%
21.9%
Q1 25
-2.4%
25.6%
Q4 24
6.5%
14.6%
Q3 24
4.7%
20.2%
Q2 24
4.0%
13.3%
Q1 24
6.0%
19.0%
EPS (diluted)
AVNT
AVNT
PTC
PTC
Q4 25
$0.18
$1.39
Q3 25
$0.36
$2.88
Q2 25
$0.57
$1.17
Q1 25
$-0.22
$1.35
Q4 24
$0.53
$0.68
Q3 24
$0.41
$1.05
Q2 24
$0.36
$0.57
Q1 24
$0.54
$0.95

Balance Sheet & Financial Strength

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

Metric
AVNT
AVNT
PTC
PTC
Cash + ST InvestmentsLiquidity on hand
$209.7M
Total DebtLower is stronger
$1.9B
$1.2B
Stockholders' EquityBook value
$2.4B
$3.8B
Total Assets
$6.0B
$6.4B
Debt / EquityLower = less leverage
0.81×
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNT
AVNT
PTC
PTC
Q4 25
$209.7M
Q3 25
$184.4M
Q2 25
$199.3M
Q1 25
$235.2M
Q4 24
$196.3M
Q3 24
$265.8M
Q2 24
$247.7M
Q1 24
$249.0M
Total Debt
AVNT
AVNT
PTC
PTC
Q4 25
$1.9B
$1.2B
Q3 25
$2.0B
$1.2B
Q2 25
$2.0B
$1.2B
Q1 25
$2.1B
$1.4B
Q4 24
$2.1B
$1.0B
Q3 24
$2.1B
$1.2B
Q2 24
$2.1B
$1.3B
Q1 24
$2.1B
$1.5B
Stockholders' Equity
AVNT
AVNT
PTC
PTC
Q4 25
$2.4B
$3.8B
Q3 25
$2.4B
$3.8B
Q2 25
$2.4B
$3.5B
Q1 25
$2.3B
$3.4B
Q4 24
$2.3B
$3.2B
Q3 24
$2.4B
$3.2B
Q2 24
$2.3B
$3.0B
Q1 24
$2.3B
$2.9B
Total Assets
AVNT
AVNT
PTC
PTC
Q4 25
$6.0B
$6.4B
Q3 25
$6.1B
$6.6B
Q2 25
$6.1B
$6.2B
Q1 25
$5.8B
$6.2B
Q4 24
$5.8B
$6.1B
Q3 24
$6.0B
$6.4B
Q2 24
$5.9B
$6.1B
Q1 24
$5.9B
$6.2B
Debt / Equity
AVNT
AVNT
PTC
PTC
Q4 25
0.81×
0.31×
Q3 25
0.83×
0.31×
Q2 25
0.86×
0.34×
Q1 25
0.90×
0.40×
Q4 24
0.89×
0.32×
Q3 24
0.88×
0.38×
Q2 24
0.90×
0.43×
Q1 24
0.90×
0.51×

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
PTC
PTC
Operating Cash FlowLast quarter
$167.8M
$269.7M
Free Cash FlowOCF − Capex
$125.4M
$267.4M
FCF MarginFCF / Revenue
16.5%
39.0%
Capex IntensityCapex / Revenue
5.6%
0.3%
Cash ConversionOCF / Net Profit
9.93×
1.62×
TTM Free Cash FlowTrailing 4 quarters
$195.0M
$888.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNT
AVNT
PTC
PTC
Q4 25
$167.8M
$269.7M
Q3 25
$72.1M
$104.0M
Q2 25
$112.8M
$243.9M
Q1 25
$-51.1M
$281.3M
Q4 24
$122.6M
$238.4M
Q3 24
$71.1M
$98.1M
Q2 24
$105.9M
$213.8M
Q1 24
$-42.8M
$250.7M
Free Cash Flow
AVNT
AVNT
PTC
PTC
Q4 25
$125.4M
$267.4M
Q3 25
$47.4M
$100.5M
Q2 25
$85.8M
$242.0M
Q1 25
$-63.6M
$278.5M
Q4 24
$81.5M
$235.7M
Q3 24
$46.1M
$93.6M
Q2 24
$74.5M
$212.2M
Q1 24
$-67.2M
$247.1M
FCF Margin
AVNT
AVNT
PTC
PTC
Q4 25
16.5%
39.0%
Q3 25
5.9%
11.2%
Q2 25
9.9%
37.6%
Q1 25
-7.7%
43.8%
Q4 24
10.9%
41.7%
Q3 24
5.7%
14.9%
Q2 24
8.8%
40.9%
Q1 24
-8.1%
41.0%
Capex Intensity
AVNT
AVNT
PTC
PTC
Q4 25
5.6%
0.3%
Q3 25
3.1%
0.4%
Q2 25
3.1%
0.3%
Q1 25
1.5%
0.4%
Q4 24
5.5%
0.5%
Q3 24
3.1%
0.7%
Q2 24
3.7%
0.3%
Q1 24
2.9%
0.6%
Cash Conversion
AVNT
AVNT
PTC
PTC
Q4 25
9.93×
1.62×
Q3 25
2.21×
0.30×
Q2 25
2.14×
1.73×
Q1 25
1.73×
Q4 24
2.54×
2.90×
Q3 24
1.86×
0.78×
Q2 24
3.15×
3.10×
Q1 24
-0.87×
2.19×

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%

PTC
PTC

Support And Cloud Services$393.3M57%
License$269.7M39%
Technology Service$22.9M3%
Perpetual License$5.6M1%

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