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

RXO, Inc. is the larger business by last-quarter revenue ($1.5B vs $760.6M, roughly 1.9× AVIENT CORP). AVIENT CORP runs the higher net margin — 2.2% vs -3.1%, a 5.4% gap on every dollar of revenue. On growth, AVIENT CORP posted the faster year-over-year revenue change (1.9% vs -11.9%). AVIENT CORP produced more free cash flow last quarter ($125.4M vs $-9.0M). Over the past eight quarters, RXO, Inc.'s revenue compounded faster (26.8% 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.

RXO, Inc. is a leading transportation and logistics solutions provider headquartered in the United States. Its core service portfolio includes freight brokerage, last-mile delivery for heavy and bulky goods, managed transportation services, and end-to-end supply chain optimization support, primarily catering to clients across the North American manufacturing, retail, and e-commerce segments.

AVNT vs RXO — Head-to-Head

Bigger by revenue
RXO
RXO
1.9× larger
RXO
$1.5B
$760.6M
AVNT
Growing faster (revenue YoY)
AVNT
AVNT
+13.8% gap
AVNT
1.9%
-11.9%
RXO
Higher net margin
AVNT
AVNT
5.4% more per $
AVNT
2.2%
-3.1%
RXO
More free cash flow
AVNT
AVNT
$134.4M more FCF
AVNT
$125.4M
$-9.0M
RXO
Faster 2-yr revenue CAGR
RXO
RXO
Annualised
RXO
26.8%
-4.2%
AVNT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVNT
AVNT
RXO
RXO
Revenue
$760.6M
$1.5B
Net Profit
$16.9M
$-46.0M
Gross Margin
30.2%
Operating Margin
5.2%
-2.9%
Net Margin
2.2%
-3.1%
Revenue YoY
1.9%
-11.9%
Net Profit YoY
-65.0%
-84.0%
EPS (diluted)
$0.18
$-0.28

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
RXO
RXO
Q4 25
$760.6M
$1.5B
Q3 25
$806.5M
$1.4B
Q2 25
$866.5M
$1.4B
Q1 25
$826.6M
$1.4B
Q4 24
$746.5M
$1.7B
Q3 24
$815.2M
$1.0B
Q2 24
$849.7M
$930.0M
Q1 24
$829.0M
$913.0M
Net Profit
AVNT
AVNT
RXO
RXO
Q4 25
$16.9M
$-46.0M
Q3 25
$32.6M
$-14.0M
Q2 25
$52.6M
$-9.0M
Q1 25
$-20.2M
$-31.0M
Q4 24
$48.3M
$-25.0M
Q3 24
$38.2M
$-243.0M
Q2 24
$33.6M
$-7.0M
Q1 24
$49.4M
$-15.0M
Gross Margin
AVNT
AVNT
RXO
RXO
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%
Operating Margin
AVNT
AVNT
RXO
RXO
Q4 25
5.2%
-2.9%
Q3 25
8.3%
-0.5%
Q2 25
11.1%
Q1 25
0.1%
-2.1%
Q4 24
11.5%
-1.4%
Q3 24
9.5%
-1.9%
Q2 24
8.5%
Q1 24
11.3%
-1.3%
Net Margin
AVNT
AVNT
RXO
RXO
Q4 25
2.2%
-3.1%
Q3 25
4.0%
-1.0%
Q2 25
6.1%
-0.6%
Q1 25
-2.4%
-2.2%
Q4 24
6.5%
-1.5%
Q3 24
4.7%
-23.4%
Q2 24
4.0%
-0.8%
Q1 24
6.0%
-1.6%
EPS (diluted)
AVNT
AVNT
RXO
RXO
Q4 25
$0.18
$-0.28
Q3 25
$0.36
$-0.08
Q2 25
$0.57
$-0.05
Q1 25
$-0.22
$-0.18
Q4 24
$0.53
$-0.17
Q3 24
$0.41
$-1.81
Q2 24
$0.36
$-0.06
Q1 24
$0.54
$-0.13

Balance Sheet & Financial Strength

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

Metric
AVNT
AVNT
RXO
RXO
Cash + ST InvestmentsLiquidity on hand
$17.0M
Total DebtLower is stronger
$1.9B
$387.0M
Stockholders' EquityBook value
$2.4B
$1.5B
Total Assets
$6.0B
$3.3B
Debt / EquityLower = less leverage
0.81×
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNT
AVNT
RXO
RXO
Q4 25
$17.0M
Q3 25
$25.0M
Q2 25
$18.0M
Q1 25
$16.0M
Q4 24
$35.0M
Q3 24
$55.0M
Q2 24
$7.0M
Q1 24
$7.0M
Total Debt
AVNT
AVNT
RXO
RXO
Q4 25
$1.9B
$387.0M
Q3 25
$2.0B
$387.0M
Q2 25
$2.0B
$387.0M
Q1 25
$2.1B
$387.0M
Q4 24
$2.1B
$351.0M
Q3 24
$2.1B
$352.0M
Q2 24
$2.1B
$370.0M
Q1 24
$2.1B
$351.0M
Stockholders' Equity
AVNT
AVNT
RXO
RXO
Q4 25
$2.4B
$1.5B
Q3 25
$2.4B
$1.6B
Q2 25
$2.4B
$1.6B
Q1 25
$2.3B
$1.6B
Q4 24
$2.3B
$1.6B
Q3 24
$2.4B
$1.7B
Q2 24
$2.3B
$579.0M
Q1 24
$2.3B
$582.0M
Total Assets
AVNT
AVNT
RXO
RXO
Q4 25
$6.0B
$3.3B
Q3 25
$6.1B
$3.2B
Q2 25
$6.1B
$3.2B
Q1 25
$5.8B
$3.3B
Q4 24
$5.8B
$3.4B
Q3 24
$6.0B
$3.4B
Q2 24
$5.9B
$1.8B
Q1 24
$5.9B
$1.8B
Debt / Equity
AVNT
AVNT
RXO
RXO
Q4 25
0.81×
0.25×
Q3 25
0.83×
0.24×
Q2 25
0.86×
0.24×
Q1 25
0.90×
0.24×
Q4 24
0.89×
0.22×
Q3 24
0.88×
0.21×
Q2 24
0.90×
0.64×
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
RXO
RXO
Operating Cash FlowLast quarter
$167.8M
$7.0M
Free Cash FlowOCF − Capex
$125.4M
$-9.0M
FCF MarginFCF / Revenue
16.5%
-0.6%
Capex IntensityCapex / Revenue
5.6%
1.1%
Cash ConversionOCF / Net Profit
9.93×
TTM Free Cash FlowTrailing 4 quarters
$195.0M
$-8.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNT
AVNT
RXO
RXO
Q4 25
$167.8M
$7.0M
Q3 25
$72.1M
$23.0M
Q2 25
$112.8M
$23.0M
Q1 25
$-51.1M
$-2.0M
Q4 24
$122.6M
$-7.0M
Q3 24
$71.1M
$-7.0M
Q2 24
$105.9M
$-5.0M
Q1 24
$-42.8M
$7.0M
Free Cash Flow
AVNT
AVNT
RXO
RXO
Q4 25
$125.4M
$-9.0M
Q3 25
$47.4M
$9.0M
Q2 25
$85.8M
$9.0M
Q1 25
$-63.6M
$-17.0M
Q4 24
$81.5M
$-19.0M
Q3 24
$46.1M
$-18.0M
Q2 24
$74.5M
$-16.0M
Q1 24
$-67.2M
$-4.0M
FCF Margin
AVNT
AVNT
RXO
RXO
Q4 25
16.5%
-0.6%
Q3 25
5.9%
0.6%
Q2 25
9.9%
0.6%
Q1 25
-7.7%
-1.2%
Q4 24
10.9%
-1.1%
Q3 24
5.7%
-1.7%
Q2 24
8.8%
-1.7%
Q1 24
-8.1%
-0.4%
Capex Intensity
AVNT
AVNT
RXO
RXO
Q4 25
5.6%
1.1%
Q3 25
3.1%
1.0%
Q2 25
3.1%
1.0%
Q1 25
1.5%
1.0%
Q4 24
5.5%
0.7%
Q3 24
3.1%
1.1%
Q2 24
3.7%
1.2%
Q1 24
2.9%
1.2%
Cash Conversion
AVNT
AVNT
RXO
RXO
Q4 25
9.93×
Q3 25
2.21×
Q2 25
2.14×
Q1 25
Q4 24
2.54×
Q3 24
1.86×
Q2 24
3.15×
Q1 24
-0.87×

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%

RXO
RXO

Retail Sector$546.0M37%
Last Mile$298.0M20%
Food And Beverage Sector$225.0M15%
Other Sector$185.0M13%
Managed Transportation$133.0M9%
Automotive Sector$93.0M6%

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