vs

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

DENTSPLY SIRONA Inc. is the larger business by last-quarter revenue ($961.0M vs $760.6M, roughly 1.3× AVIENT CORP). AVIENT CORP runs the higher net margin — 2.2% vs -15.2%, a 17.4% gap on every dollar of revenue. On growth, DENTSPLY SIRONA Inc. posted the faster year-over-year revenue change (6.2% vs 1.9%). AVIENT CORP produced more free cash flow last quarter ($125.4M vs $60.0M). Over the past eight quarters, DENTSPLY SIRONA Inc.'s revenue compounded faster (0.4% 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.

Dentsply Sirona Inc. is an American dental equipment manufacturer and dental consumables producer that markets its products in over 120 countries. It has factories in 21 countries. The present company is largely the result of a merger in 1993 in which Gendex Corporation acquired Dentsply International Inc. for $590 million.

AVNT vs XRAY — Head-to-Head

Bigger by revenue
XRAY
XRAY
1.3× larger
XRAY
$961.0M
$760.6M
AVNT
Growing faster (revenue YoY)
XRAY
XRAY
+4.3% gap
XRAY
6.2%
1.9%
AVNT
Higher net margin
AVNT
AVNT
17.4% more per $
AVNT
2.2%
-15.2%
XRAY
More free cash flow
AVNT
AVNT
$65.4M more FCF
AVNT
$125.4M
$60.0M
XRAY
Faster 2-yr revenue CAGR
XRAY
XRAY
Annualised
XRAY
0.4%
-4.2%
AVNT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVNT
AVNT
XRAY
XRAY
Revenue
$760.6M
$961.0M
Net Profit
$16.9M
$-146.0M
Gross Margin
30.2%
46.1%
Operating Margin
5.2%
-14.5%
Net Margin
2.2%
-15.2%
Revenue YoY
1.9%
6.2%
Net Profit YoY
-65.0%
66.0%
EPS (diluted)
$0.18
$-0.74

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
XRAY
XRAY
Q4 25
$760.6M
$961.0M
Q3 25
$806.5M
$904.0M
Q2 25
$866.5M
$936.0M
Q1 25
$826.6M
$879.0M
Q4 24
$746.5M
$905.0M
Q3 24
$815.2M
$951.0M
Q2 24
$849.7M
$984.0M
Q1 24
$829.0M
$953.0M
Net Profit
AVNT
AVNT
XRAY
XRAY
Q4 25
$16.9M
$-146.0M
Q3 25
$32.6M
$-427.0M
Q2 25
$52.6M
$-45.0M
Q1 25
$-20.2M
$20.0M
Q4 24
$48.3M
$-430.0M
Q3 24
$38.2M
$-494.0M
Q2 24
$33.6M
$-4.0M
Q1 24
$49.4M
$18.0M
Gross Margin
AVNT
AVNT
XRAY
XRAY
Q4 25
30.2%
46.1%
Q3 25
30.4%
48.8%
Q2 25
32.1%
52.4%
Q1 25
31.8%
53.0%
Q4 24
34.8%
49.3%
Q3 24
32.1%
52.1%
Q2 24
30.3%
51.9%
Q1 24
33.6%
53.1%
Operating Margin
AVNT
AVNT
XRAY
XRAY
Q4 25
5.2%
-14.5%
Q3 25
8.3%
-24.1%
Q2 25
11.1%
-13.7%
Q1 25
0.1%
7.2%
Q4 24
11.5%
-56.2%
Q3 24
9.5%
-48.6%
Q2 24
8.5%
5.1%
Q1 24
11.3%
4.4%
Net Margin
AVNT
AVNT
XRAY
XRAY
Q4 25
2.2%
-15.2%
Q3 25
4.0%
-47.2%
Q2 25
6.1%
-4.8%
Q1 25
-2.4%
2.3%
Q4 24
6.5%
-47.5%
Q3 24
4.7%
-51.9%
Q2 24
4.0%
-0.4%
Q1 24
6.0%
1.9%
EPS (diluted)
AVNT
AVNT
XRAY
XRAY
Q4 25
$0.18
$-0.74
Q3 25
$0.36
$-2.14
Q2 25
$0.57
$-0.22
Q1 25
$-0.22
$0.10
Q4 24
$0.53
$-2.09
Q3 24
$0.41
$-2.46
Q2 24
$0.36
$-0.02
Q1 24
$0.54
$0.09

Balance Sheet & Financial Strength

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

Metric
AVNT
AVNT
XRAY
XRAY
Cash + ST InvestmentsLiquidity on hand
$326.0M
Total DebtLower is stronger
$1.9B
$2.3B
Stockholders' EquityBook value
$2.4B
$1.3B
Total Assets
$6.0B
$5.4B
Debt / EquityLower = less leverage
0.81×
1.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNT
AVNT
XRAY
XRAY
Q4 25
$326.0M
Q3 25
$363.0M
Q2 25
$359.0M
Q1 25
$398.0M
Q4 24
$272.0M
Q3 24
$296.0M
Q2 24
$279.0M
Q1 24
$291.0M
Total Debt
AVNT
AVNT
XRAY
XRAY
Q4 25
$1.9B
$2.3B
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.1B
Q4 24
$2.1B
$1.7B
Q3 24
$2.1B
Q2 24
$2.1B
Q1 24
$2.1B
Stockholders' Equity
AVNT
AVNT
XRAY
XRAY
Q4 25
$2.4B
$1.3B
Q3 25
$2.4B
$1.5B
Q2 25
$2.4B
$2.0B
Q1 25
$2.3B
$2.0B
Q4 24
$2.3B
$1.9B
Q3 24
$2.4B
$2.5B
Q2 24
$2.3B
$3.1B
Q1 24
$2.3B
$3.3B
Total Assets
AVNT
AVNT
XRAY
XRAY
Q4 25
$6.0B
$5.4B
Q3 25
$6.1B
$5.7B
Q2 25
$6.1B
$6.1B
Q1 25
$5.8B
$6.0B
Q4 24
$5.8B
$5.8B
Q3 24
$6.0B
$6.6B
Q2 24
$5.9B
$6.9B
Q1 24
$5.9B
$7.1B
Debt / Equity
AVNT
AVNT
XRAY
XRAY
Q4 25
0.81×
1.70×
Q3 25
0.83×
Q2 25
0.86×
Q1 25
0.90×
Q4 24
0.89×
0.90×
Q3 24
0.88×
Q2 24
0.90×
Q1 24
0.90×

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
XRAY
XRAY
Operating Cash FlowLast quarter
$167.8M
$101.0M
Free Cash FlowOCF − Capex
$125.4M
$60.0M
FCF MarginFCF / Revenue
16.5%
6.2%
Capex IntensityCapex / Revenue
5.6%
4.3%
Cash ConversionOCF / Net Profit
9.93×
TTM Free Cash FlowTrailing 4 quarters
$195.0M
$104.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNT
AVNT
XRAY
XRAY
Q4 25
$167.8M
$101.0M
Q3 25
$72.1M
$79.0M
Q2 25
$112.8M
$48.0M
Q1 25
$-51.1M
$7.0M
Q4 24
$122.6M
$87.0M
Q3 24
$71.1M
$141.0M
Q2 24
$105.9M
$208.0M
Q1 24
$-42.8M
$25.0M
Free Cash Flow
AVNT
AVNT
XRAY
XRAY
Q4 25
$125.4M
$60.0M
Q3 25
$47.4M
$40.0M
Q2 25
$85.8M
$16.0M
Q1 25
$-63.6M
$-12.0M
Q4 24
$81.5M
$36.0M
Q3 24
$46.1M
$98.0M
Q2 24
$74.5M
$156.0M
Q1 24
$-67.2M
$-9.0M
FCF Margin
AVNT
AVNT
XRAY
XRAY
Q4 25
16.5%
6.2%
Q3 25
5.9%
4.4%
Q2 25
9.9%
1.7%
Q1 25
-7.7%
-1.4%
Q4 24
10.9%
4.0%
Q3 24
5.7%
10.3%
Q2 24
8.8%
15.9%
Q1 24
-8.1%
-0.9%
Capex Intensity
AVNT
AVNT
XRAY
XRAY
Q4 25
5.6%
4.3%
Q3 25
3.1%
4.3%
Q2 25
3.1%
3.4%
Q1 25
1.5%
2.2%
Q4 24
5.5%
5.6%
Q3 24
3.1%
4.5%
Q2 24
3.7%
5.3%
Q1 24
2.9%
3.6%
Cash Conversion
AVNT
AVNT
XRAY
XRAY
Q4 25
9.93×
Q3 25
2.21×
Q2 25
2.14×
Q1 25
0.35×
Q4 24
2.54×
Q3 24
1.86×
Q2 24
3.15×
Q1 24
-0.87×
1.39×

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%

XRAY
XRAY

Essential Dental Solutions$372.0M39%
Equipment And Instruments$160.0M17%
Implants And Prosthetics$150.0M16%
CADCAM$139.0M14%
Wellspect Healthcare$88.0M9%
Orthodontics$52.0M5%

Related Comparisons