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

TreeHouse Foods, Inc. is the larger business by last-quarter revenue ($840.3M vs $760.6M, roughly 1.1× AVIENT CORP). AVIENT CORP runs the higher net margin — 2.2% vs -31.6%, a 33.9% gap on every dollar of revenue. On growth, AVIENT CORP posted the faster year-over-year revenue change (1.9% vs 0.1%). Over the past eight quarters, TreeHouse Foods, Inc.'s revenue compounded faster (-3.9% 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.

TreeHouse Foods Inc. is a multinational food processing company specializing in producing private label packaged foods headquartered in Oak Brook, Illinois. Created in 2005 and consisting entirely of acquisitions, in 2010 the company had sales of $2 billion and employed over 4,000 people at 20 facilities. Food Processing magazine named TreeHouse Foods their 2010 Processor of the Year, calling them "the biggest company you never heard of". In 2015, the company was the 37th-largest food and bev...

AVNT vs THS — Head-to-Head

Bigger by revenue
THS
THS
1.1× larger
THS
$840.3M
$760.6M
AVNT
Growing faster (revenue YoY)
AVNT
AVNT
+1.7% gap
AVNT
1.9%
0.1%
THS
Higher net margin
AVNT
AVNT
33.9% more per $
AVNT
2.2%
-31.6%
THS
Faster 2-yr revenue CAGR
THS
THS
Annualised
THS
-3.9%
-4.2%
AVNT

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
AVNT
AVNT
THS
THS
Revenue
$760.6M
$840.3M
Net Profit
$16.9M
$-265.8M
Gross Margin
30.2%
18.8%
Operating Margin
5.2%
-30.2%
Net Margin
2.2%
-31.6%
Revenue YoY
1.9%
0.1%
Net Profit YoY
-65.0%
-7717.6%
EPS (diluted)
$0.18
$-5.26

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
THS
THS
Q4 25
$760.6M
Q3 25
$806.5M
$840.3M
Q2 25
$866.5M
$798.0M
Q1 25
$826.6M
$792.0M
Q4 24
$746.5M
$905.7M
Q3 24
$815.2M
$839.1M
Q2 24
$849.7M
$788.5M
Q1 24
$829.0M
$820.7M
Net Profit
AVNT
AVNT
THS
THS
Q4 25
$16.9M
Q3 25
$32.6M
$-265.8M
Q2 25
$52.6M
$-2.9M
Q1 25
$-20.2M
$-31.8M
Q4 24
$48.3M
$58.7M
Q3 24
$38.2M
$-3.4M
Q2 24
$33.6M
$-16.7M
Q1 24
$49.4M
$-11.7M
Gross Margin
AVNT
AVNT
THS
THS
Q4 25
30.2%
Q3 25
30.4%
18.8%
Q2 25
32.1%
17.4%
Q1 25
31.8%
14.5%
Q4 24
34.8%
19.5%
Q3 24
32.1%
15.6%
Q2 24
30.3%
16.3%
Q1 24
33.6%
13.6%
Operating Margin
AVNT
AVNT
THS
THS
Q4 25
5.2%
Q3 25
8.3%
-30.2%
Q2 25
11.1%
3.4%
Q1 25
0.1%
-0.7%
Q4 24
11.5%
8.9%
Q3 24
9.5%
3.8%
Q2 24
8.5%
-0.5%
Q1 24
11.3%
-0.6%
Net Margin
AVNT
AVNT
THS
THS
Q4 25
2.2%
Q3 25
4.0%
-31.6%
Q2 25
6.1%
-0.4%
Q1 25
-2.4%
-4.0%
Q4 24
6.5%
6.5%
Q3 24
4.7%
-0.4%
Q2 24
4.0%
-2.1%
Q1 24
6.0%
-1.4%
EPS (diluted)
AVNT
AVNT
THS
THS
Q4 25
$0.18
Q3 25
$0.36
$-5.26
Q2 25
$0.57
$-0.06
Q1 25
$-0.22
$-0.63
Q4 24
$0.53
$1.12
Q3 24
$0.41
$-0.07
Q2 24
$0.36
$-0.32
Q1 24
$0.54
$-0.22

Balance Sheet & Financial Strength

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

Metric
AVNT
AVNT
THS
THS
Cash + ST InvestmentsLiquidity on hand
$21.0M
Total DebtLower is stronger
$1.9B
$1.5B
Stockholders' EquityBook value
$2.4B
$1.3B
Total Assets
$6.0B
$3.8B
Debt / EquityLower = less leverage
0.81×
1.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNT
AVNT
THS
THS
Q4 25
Q3 25
$21.0M
Q2 25
$17.1M
Q1 25
$16.4M
Q4 24
$289.6M
Q3 24
$102.0M
Q2 24
$105.8M
Q1 24
$191.8M
Total Debt
AVNT
AVNT
THS
THS
Q4 25
$1.9B
Q3 25
$2.0B
$1.5B
Q2 25
$2.0B
$1.5B
Q1 25
$2.1B
$1.4B
Q4 24
$2.1B
$1.4B
Q3 24
$2.1B
$1.4B
Q2 24
$2.1B
$1.4B
Q1 24
$2.1B
$1.4B
Stockholders' Equity
AVNT
AVNT
THS
THS
Q4 25
$2.4B
Q3 25
$2.4B
$1.3B
Q2 25
$2.4B
$1.5B
Q1 25
$2.3B
$1.5B
Q4 24
$2.3B
$1.5B
Q3 24
$2.4B
$1.6B
Q2 24
$2.3B
$1.6B
Q1 24
$2.3B
$1.6B
Total Assets
AVNT
AVNT
THS
THS
Q4 25
$6.0B
Q3 25
$6.1B
$3.8B
Q2 25
$6.1B
$4.0B
Q1 25
$5.8B
$3.9B
Q4 24
$5.8B
$4.0B
Q3 24
$6.0B
$4.0B
Q2 24
$5.9B
$3.9B
Q1 24
$5.9B
$4.0B
Debt / Equity
AVNT
AVNT
THS
THS
Q4 25
0.81×
Q3 25
0.83×
1.18×
Q2 25
0.86×
0.98×
Q1 25
0.90×
0.93×
Q4 24
0.89×
0.90×
Q3 24
0.88×
0.90×
Q2 24
0.90×
0.90×
Q1 24
0.90×
0.87×

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
THS
THS
Operating Cash FlowLast quarter
$167.8M
$38.2M
Free Cash FlowOCF − Capex
$125.4M
FCF MarginFCF / Revenue
16.5%
Capex IntensityCapex / Revenue
5.6%
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
THS
THS
Q4 25
$167.8M
Q3 25
$72.1M
$38.2M
Q2 25
$112.8M
$-47.2M
Q1 25
$-51.1M
$-53.5M
Q4 24
$122.6M
$296.2M
Q3 24
$71.1M
$41.4M
Q2 24
$105.9M
$-19.4M
Q1 24
$-42.8M
$-52.4M
Free Cash Flow
AVNT
AVNT
THS
THS
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
$-42.2M
Q1 24
$-67.2M
$-80.7M
FCF Margin
AVNT
AVNT
THS
THS
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%
-5.4%
Q1 24
-8.1%
-9.8%
Capex Intensity
AVNT
AVNT
THS
THS
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%
2.9%
Q1 24
2.9%
3.4%
Cash Conversion
AVNT
AVNT
THS
THS
Q4 25
9.93×
Q3 25
2.21×
Q2 25
2.14×
Q1 25
Q4 24
2.54×
5.05×
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%

THS
THS

Retail Grocery Customers$670.6M80%
Food Away From Home And Other$85.3M10%
Co Manufacturing$84.4M10%

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