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

Veralto is the larger business by last-quarter revenue ($1.4B vs $760.6M, roughly 1.9× AVIENT CORP). Veralto runs the higher net margin — 17.9% vs 2.2%, a 15.6% gap on every dollar of revenue. On growth, Veralto posted the faster year-over-year revenue change (6.8% vs 1.9%). Veralto produced more free cash flow last quarter ($170.0M vs $125.4M). Over the past eight quarters, Veralto's revenue compounded faster (6.8% 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.

Veralto Corporation is an American technology company headquartered in Waltham, Massachusetts. It produces products related to water analytics, water treatment, marking and coding, and packaging and color.

AVNT vs VLTO — Head-to-Head

Bigger by revenue
VLTO
VLTO
1.9× larger
VLTO
$1.4B
$760.6M
AVNT
Growing faster (revenue YoY)
VLTO
VLTO
+4.9% gap
VLTO
6.8%
1.9%
AVNT
Higher net margin
VLTO
VLTO
15.6% more per $
VLTO
17.9%
2.2%
AVNT
More free cash flow
VLTO
VLTO
$44.6M more FCF
VLTO
$170.0M
$125.4M
AVNT
Faster 2-yr revenue CAGR
VLTO
VLTO
Annualised
VLTO
6.8%
-4.2%
AVNT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AVNT
AVNT
VLTO
VLTO
Revenue
$760.6M
$1.4B
Net Profit
$16.9M
$254.0M
Gross Margin
30.2%
60.1%
Operating Margin
5.2%
23.8%
Net Margin
2.2%
17.9%
Revenue YoY
1.9%
6.8%
Net Profit YoY
-65.0%
12.9%
EPS (diluted)
$0.18
$1.02

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
VLTO
VLTO
Q1 26
$1.4B
Q4 25
$760.6M
$1.4B
Q3 25
$806.5M
$1.4B
Q2 25
$866.5M
$1.3B
Q1 25
$826.6M
Q4 24
$746.5M
$1.3B
Q3 24
$815.2M
$1.3B
Q2 24
$849.7M
$1.3B
Net Profit
AVNT
AVNT
VLTO
VLTO
Q1 26
$254.0M
Q4 25
$16.9M
$239.0M
Q3 25
$32.6M
$222.0M
Q2 25
$52.6M
$225.0M
Q1 25
$-20.2M
Q4 24
$48.3M
$227.0M
Q3 24
$38.2M
$219.0M
Q2 24
$33.6M
$203.0M
Gross Margin
AVNT
AVNT
VLTO
VLTO
Q1 26
60.1%
Q4 25
30.2%
60.1%
Q3 25
30.4%
60.0%
Q2 25
32.1%
60.4%
Q1 25
31.8%
Q4 24
34.8%
59.6%
Q3 24
32.1%
59.6%
Q2 24
30.3%
60.1%
Operating Margin
AVNT
AVNT
VLTO
VLTO
Q1 26
23.8%
Q4 25
5.2%
23.2%
Q3 25
8.3%
22.8%
Q2 25
11.1%
24.2%
Q1 25
0.1%
Q4 24
11.5%
22.9%
Q3 24
9.5%
23.4%
Q2 24
8.5%
23.2%
Net Margin
AVNT
AVNT
VLTO
VLTO
Q1 26
17.9%
Q4 25
2.2%
17.0%
Q3 25
4.0%
16.2%
Q2 25
6.1%
16.9%
Q1 25
-2.4%
Q4 24
6.5%
16.9%
Q3 24
4.7%
16.7%
Q2 24
4.0%
15.8%
EPS (diluted)
AVNT
AVNT
VLTO
VLTO
Q1 26
$1.02
Q4 25
$0.18
$0.95
Q3 25
$0.36
$0.89
Q2 25
$0.57
$0.90
Q1 25
$-0.22
Q4 24
$0.53
$0.91
Q3 24
$0.41
$0.88
Q2 24
$0.36
$0.81

Balance Sheet & Financial Strength

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

Metric
AVNT
AVNT
VLTO
VLTO
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$2.4B
Total Assets
$6.0B
Debt / EquityLower = less leverage
0.81×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNT
AVNT
VLTO
VLTO
Q1 26
Q4 25
$1.8B
Q3 25
$1.6B
Q2 25
$1.2B
Q1 25
Q4 24
$1.1B
Q3 24
$1.3B
Q2 24
$1.0B
Total Debt
AVNT
AVNT
VLTO
VLTO
Q1 26
Q4 25
$1.9B
$2.7B
Q3 25
$2.0B
$2.7B
Q2 25
$2.0B
$2.6B
Q1 25
$2.1B
Q4 24
$2.1B
$2.6B
Q3 24
$2.1B
$2.6B
Q2 24
$2.1B
$2.6B
Stockholders' Equity
AVNT
AVNT
VLTO
VLTO
Q1 26
Q4 25
$2.4B
$2.8B
Q3 25
$2.4B
$2.7B
Q2 25
$2.4B
$2.3B
Q1 25
$2.3B
Q4 24
$2.3B
$2.0B
Q3 24
$2.4B
$2.0B
Q2 24
$2.3B
$1.7B
Total Assets
AVNT
AVNT
VLTO
VLTO
Q1 26
Q4 25
$6.0B
$7.4B
Q3 25
$6.1B
$7.2B
Q2 25
$6.1B
$6.6B
Q1 25
$5.8B
Q4 24
$5.8B
$6.4B
Q3 24
$6.0B
$6.3B
Q2 24
$5.9B
$5.9B
Debt / Equity
AVNT
AVNT
VLTO
VLTO
Q1 26
Q4 25
0.81×
0.94×
Q3 25
0.83×
1.01×
Q2 25
0.86×
1.14×
Q1 25
0.90×
Q4 24
0.89×
1.28×
Q3 24
0.88×
1.35×
Q2 24
0.90×
1.57×

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
VLTO
VLTO
Operating Cash FlowLast quarter
$167.8M
$182.0M
Free Cash FlowOCF − Capex
$125.4M
$170.0M
FCF MarginFCF / Revenue
16.5%
12.0%
Capex IntensityCapex / Revenue
5.6%
0.8%
Cash ConversionOCF / Net Profit
9.93×
0.72×
TTM Free Cash FlowTrailing 4 quarters
$195.0M
$893.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNT
AVNT
VLTO
VLTO
Q1 26
$182.0M
Q4 25
$167.8M
$270.0M
Q3 25
$72.1M
$339.0M
Q2 25
$112.8M
$157.0M
Q1 25
$-51.1M
Q4 24
$122.6M
$285.0M
Q3 24
$71.1M
$224.0M
Q2 24
$105.9M
$251.0M
Free Cash Flow
AVNT
AVNT
VLTO
VLTO
Q1 26
$170.0M
Q4 25
$125.4M
$258.0M
Q3 25
$47.4M
$323.0M
Q2 25
$85.8M
$142.0M
Q1 25
$-63.6M
Q4 24
$81.5M
$263.0M
Q3 24
$46.1M
$215.0M
Q2 24
$74.5M
$240.0M
FCF Margin
AVNT
AVNT
VLTO
VLTO
Q1 26
12.0%
Q4 25
16.5%
18.4%
Q3 25
5.9%
23.6%
Q2 25
9.9%
10.7%
Q1 25
-7.7%
Q4 24
10.9%
19.6%
Q3 24
5.7%
16.4%
Q2 24
8.8%
18.6%
Capex Intensity
AVNT
AVNT
VLTO
VLTO
Q1 26
0.8%
Q4 25
5.6%
0.9%
Q3 25
3.1%
1.2%
Q2 25
3.1%
1.1%
Q1 25
1.5%
Q4 24
5.5%
1.6%
Q3 24
3.1%
0.7%
Q2 24
3.7%
0.9%
Cash Conversion
AVNT
AVNT
VLTO
VLTO
Q1 26
0.72×
Q4 25
9.93×
1.13×
Q3 25
2.21×
1.53×
Q2 25
2.14×
0.70×
Q1 25
Q4 24
2.54×
1.26×
Q3 24
1.86×
1.02×
Q2 24
3.15×
1.24×

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%

VLTO
VLTO

Segment breakdown not available.

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