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

West Pharmaceutical Services is the larger business by last-quarter revenue ($805.0M vs $760.6M, roughly 1.1× AVIENT CORP). West Pharmaceutical Services runs the higher net margin — 16.4% vs 2.2%, a 14.2% gap on every dollar of revenue. On growth, West Pharmaceutical Services posted the faster year-over-year revenue change (7.5% vs 1.9%). West Pharmaceutical Services produced more free cash flow last quarter ($175.0M vs $125.4M). Over the past eight quarters, West Pharmaceutical Services's revenue compounded faster (7.6% 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.

West Pharmaceutical Services, Inc. is a designer and manufacturer of injectable pharmaceutical packaging and delivery systems. Founded in 1923 by Herman O. West and J.R. Wike of Philadelphia, the company is headquartered in Exton, Pennsylvania. In its early years of development, West produced rubber components for packaging injectable drugs, providing a sterile environment for the producers of penicillin and insulin.

AVNT vs WST — Head-to-Head

Bigger by revenue
WST
WST
1.1× larger
WST
$805.0M
$760.6M
AVNT
Growing faster (revenue YoY)
WST
WST
+5.6% gap
WST
7.5%
1.9%
AVNT
Higher net margin
WST
WST
14.2% more per $
WST
16.4%
2.2%
AVNT
More free cash flow
WST
WST
$49.6M more FCF
WST
$175.0M
$125.4M
AVNT
Faster 2-yr revenue CAGR
WST
WST
Annualised
WST
7.6%
-4.2%
AVNT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVNT
AVNT
WST
WST
Revenue
$760.6M
$805.0M
Net Profit
$16.9M
$132.1M
Gross Margin
30.2%
37.8%
Operating Margin
5.2%
19.5%
Net Margin
2.2%
16.4%
Revenue YoY
1.9%
7.5%
Net Profit YoY
-65.0%
1.5%
EPS (diluted)
$0.18
$1.82

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
WST
WST
Q4 25
$760.6M
$805.0M
Q3 25
$806.5M
$804.6M
Q2 25
$866.5M
$766.5M
Q1 25
$826.6M
$698.0M
Q4 24
$746.5M
$748.8M
Q3 24
$815.2M
$746.9M
Q2 24
$849.7M
$702.1M
Q1 24
$829.0M
$695.4M
Net Profit
AVNT
AVNT
WST
WST
Q4 25
$16.9M
$132.1M
Q3 25
$32.6M
$140.0M
Q2 25
$52.6M
$131.8M
Q1 25
$-20.2M
$89.8M
Q4 24
$48.3M
$130.1M
Q3 24
$38.2M
$136.0M
Q2 24
$33.6M
$111.3M
Q1 24
$49.4M
$115.3M
Gross Margin
AVNT
AVNT
WST
WST
Q4 25
30.2%
37.8%
Q3 25
30.4%
36.6%
Q2 25
32.1%
35.7%
Q1 25
31.8%
33.2%
Q4 24
34.8%
36.5%
Q3 24
32.1%
35.4%
Q2 24
30.3%
32.8%
Q1 24
33.6%
33.1%
Operating Margin
AVNT
AVNT
WST
WST
Q4 25
5.2%
19.5%
Q3 25
8.3%
20.8%
Q2 25
11.1%
20.1%
Q1 25
0.1%
15.3%
Q4 24
11.5%
21.3%
Q3 24
9.5%
21.6%
Q2 24
8.5%
18.0%
Q1 24
11.3%
17.7%
Net Margin
AVNT
AVNT
WST
WST
Q4 25
2.2%
16.4%
Q3 25
4.0%
17.4%
Q2 25
6.1%
17.2%
Q1 25
-2.4%
12.9%
Q4 24
6.5%
17.4%
Q3 24
4.7%
18.2%
Q2 24
4.0%
15.9%
Q1 24
6.0%
16.6%
EPS (diluted)
AVNT
AVNT
WST
WST
Q4 25
$0.18
$1.82
Q3 25
$0.36
$1.92
Q2 25
$0.57
$1.82
Q1 25
$-0.22
$1.23
Q4 24
$0.53
$1.78
Q3 24
$0.41
$1.85
Q2 24
$0.36
$1.51
Q1 24
$0.54
$1.55

Balance Sheet & Financial Strength

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

Metric
AVNT
AVNT
WST
WST
Cash + ST InvestmentsLiquidity on hand
$791.3M
Total DebtLower is stronger
$1.9B
$202.8M
Stockholders' EquityBook value
$2.4B
$3.2B
Total Assets
$6.0B
$4.3B
Debt / EquityLower = less leverage
0.81×
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNT
AVNT
WST
WST
Q4 25
$791.3M
Q3 25
$628.5M
Q2 25
$509.7M
Q1 25
$404.2M
Q4 24
$484.6M
Q3 24
$490.9M
Q2 24
$446.2M
Q1 24
$601.8M
Total Debt
AVNT
AVNT
WST
WST
Q4 25
$1.9B
$202.8M
Q3 25
$2.0B
$202.7M
Q2 25
$2.0B
$202.6M
Q1 25
$2.1B
$202.6M
Q4 24
$2.1B
$202.6M
Q3 24
$2.1B
$202.6M
Q2 24
$2.1B
$205.8M
Q1 24
$2.1B
$206.2M
Stockholders' Equity
AVNT
AVNT
WST
WST
Q4 25
$2.4B
$3.2B
Q3 25
$2.4B
$3.1B
Q2 25
$2.4B
$2.9B
Q1 25
$2.3B
$2.7B
Q4 24
$2.3B
$2.7B
Q3 24
$2.4B
$2.8B
Q2 24
$2.3B
$2.6B
Q1 24
$2.3B
$2.7B
Total Assets
AVNT
AVNT
WST
WST
Q4 25
$6.0B
$4.3B
Q3 25
$6.1B
$4.1B
Q2 25
$6.1B
$4.0B
Q1 25
$5.8B
$3.6B
Q4 24
$5.8B
$3.6B
Q3 24
$6.0B
$3.7B
Q2 24
$5.9B
$3.5B
Q1 24
$5.9B
$3.6B
Debt / Equity
AVNT
AVNT
WST
WST
Q4 25
0.81×
0.06×
Q3 25
0.83×
0.07×
Q2 25
0.86×
0.07×
Q1 25
0.90×
0.08×
Q4 24
0.89×
0.08×
Q3 24
0.88×
0.07×
Q2 24
0.90×
0.08×
Q1 24
0.90×
0.08×

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
WST
WST
Operating Cash FlowLast quarter
$167.8M
$251.1M
Free Cash FlowOCF − Capex
$125.4M
$175.0M
FCF MarginFCF / Revenue
16.5%
21.7%
Capex IntensityCapex / Revenue
5.6%
9.5%
Cash ConversionOCF / Net Profit
9.93×
1.90×
TTM Free Cash FlowTrailing 4 quarters
$195.0M
$468.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNT
AVNT
WST
WST
Q4 25
$167.8M
$251.1M
Q3 25
$72.1M
$197.2M
Q2 25
$112.8M
$177.1M
Q1 25
$-51.1M
$129.4M
Q4 24
$122.6M
$190.1M
Q3 24
$71.1M
$180.1M
Q2 24
$105.9M
$165.0M
Q1 24
$-42.8M
$118.2M
Free Cash Flow
AVNT
AVNT
WST
WST
Q4 25
$125.4M
$175.0M
Q3 25
$47.4M
$133.9M
Q2 25
$85.8M
$101.9M
Q1 25
$-63.6M
$58.1M
Q4 24
$81.5M
$85.2M
Q3 24
$46.1M
$98.8M
Q2 24
$74.5M
$64.8M
Q1 24
$-67.2M
$27.6M
FCF Margin
AVNT
AVNT
WST
WST
Q4 25
16.5%
21.7%
Q3 25
5.9%
16.6%
Q2 25
9.9%
13.3%
Q1 25
-7.7%
8.3%
Q4 24
10.9%
11.4%
Q3 24
5.7%
13.2%
Q2 24
8.8%
9.2%
Q1 24
-8.1%
4.0%
Capex Intensity
AVNT
AVNT
WST
WST
Q4 25
5.6%
9.5%
Q3 25
3.1%
7.9%
Q2 25
3.1%
9.8%
Q1 25
1.5%
10.2%
Q4 24
5.5%
14.0%
Q3 24
3.1%
10.9%
Q2 24
3.7%
14.3%
Q1 24
2.9%
13.0%
Cash Conversion
AVNT
AVNT
WST
WST
Q4 25
9.93×
1.90×
Q3 25
2.21×
1.41×
Q2 25
2.14×
1.34×
Q1 25
1.44×
Q4 24
2.54×
1.46×
Q3 24
1.86×
1.32×
Q2 24
3.15×
1.48×
Q1 24
-0.87×
1.03×

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%

WST
WST

Proprietary Products$661.8M82%
Contract Manufactured Products$143.2M18%
Affiliated Entity$3.3M0%

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