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Side-by-side financial comparison of Avantor, Inc. (AVTR) and ACUITY INC. (DE) (AYI). Click either name above to swap in a different company.

Avantor, Inc. is the larger business by last-quarter revenue ($1.7B vs $1.1B, roughly 1.5× ACUITY INC. (DE)). ACUITY INC. (DE) runs the higher net margin — 10.5% vs 3.1%, a 7.4% gap on every dollar of revenue. On growth, ACUITY INC. (DE) posted the faster year-over-year revenue change (20.2% vs -1.4%). Avantor, Inc. produced more free cash flow last quarter ($117.2M vs $114.8M). Over the past eight quarters, ACUITY INC. (DE)'s revenue compounded faster (12.4% CAGR vs -0.5%).

Avantor, Inc. is an American biotechnology, chemicals, and pharmaceutical company headquartered in Radnor, Pennsylvania. Established in 1904 as J.T. Baker, the company changed its name to Avantor in 2010. Avantor went public in 2019 and is now listed on the New York Stock Exchange under the symbol “AVTR”.

Squarespace, Inc. is an American website building and hosting company based in New York City. It provides software as a service for website building and hosting, and allows users to use pre-built website templates and drag-and-drop elements to create and modify webpages.

AVTR vs AYI — Head-to-Head

Bigger by revenue
AVTR
AVTR
1.5× larger
AVTR
$1.7B
$1.1B
AYI
Growing faster (revenue YoY)
AYI
AYI
+21.6% gap
AYI
20.2%
-1.4%
AVTR
Higher net margin
AYI
AYI
7.4% more per $
AYI
10.5%
3.1%
AVTR
More free cash flow
AVTR
AVTR
$2.4M more FCF
AVTR
$117.2M
$114.8M
AYI
Faster 2-yr revenue CAGR
AYI
AYI
Annualised
AYI
12.4%
-0.5%
AVTR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AVTR
AVTR
AYI
AYI
Revenue
$1.7B
$1.1B
Net Profit
$52.4M
$120.5M
Gross Margin
31.5%
48.4%
Operating Margin
7.6%
14.0%
Net Margin
3.1%
10.5%
Revenue YoY
-1.4%
20.2%
Net Profit YoY
-89.5%
12.9%
EPS (diluted)
$0.08
$3.82

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
AVTR
AVTR
AYI
AYI
Q4 25
$1.7B
$1.1B
Q3 25
$1.6B
$1.2B
Q2 25
$1.7B
$1.2B
Q1 25
$1.6B
$1.0B
Q4 24
$1.7B
$951.6M
Q3 24
$1.7B
$1.0B
Q2 24
$1.7B
$968.1M
Q1 24
$1.7B
$905.9M
Net Profit
AVTR
AVTR
AYI
AYI
Q4 25
$52.4M
$120.5M
Q3 25
$-711.8M
$114.0M
Q2 25
$64.7M
$98.4M
Q1 25
$64.5M
$77.5M
Q4 24
$500.4M
$106.7M
Q3 24
$57.8M
$118.9M
Q2 24
$92.9M
$113.9M
Q1 24
$60.4M
$89.2M
Gross Margin
AVTR
AVTR
AYI
AYI
Q4 25
31.5%
48.4%
Q3 25
32.4%
48.9%
Q2 25
32.9%
48.4%
Q1 25
33.8%
46.5%
Q4 24
33.4%
47.2%
Q3 24
32.9%
47.3%
Q2 24
34.1%
46.7%
Q1 24
34.0%
45.5%
Operating Margin
AVTR
AVTR
AYI
AYI
Q4 25
7.6%
14.0%
Q3 25
-40.0%
14.9%
Q2 25
7.7%
11.9%
Q1 25
9.3%
11.0%
Q4 24
37.8%
14.0%
Q3 24
7.3%
15.2%
Q2 24
10.3%
15.0%
Q1 24
8.7%
13.0%
Net Margin
AVTR
AVTR
AYI
AYI
Q4 25
3.1%
10.5%
Q3 25
-43.8%
9.4%
Q2 25
3.8%
8.3%
Q1 25
4.1%
7.7%
Q4 24
29.7%
11.2%
Q3 24
3.4%
11.5%
Q2 24
5.5%
11.8%
Q1 24
3.6%
9.8%
EPS (diluted)
AVTR
AVTR
AYI
AYI
Q4 25
$0.08
$3.82
Q3 25
$-1.04
$3.61
Q2 25
$0.09
$3.12
Q1 25
$0.09
$2.45
Q4 24
$0.73
$3.35
Q3 24
$0.08
$3.77
Q2 24
$0.14
$3.62
Q1 24
$0.09
$2.84

Balance Sheet & Financial Strength

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

Metric
AVTR
AVTR
AYI
AYI
Cash + ST InvestmentsLiquidity on hand
$365.4M
$376.1M
Total DebtLower is stronger
$3.9B
Stockholders' EquityBook value
$5.6B
$2.8B
Total Assets
$11.8B
$4.7B
Debt / EquityLower = less leverage
0.71×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVTR
AVTR
AYI
AYI
Q4 25
$365.4M
$376.1M
Q3 25
$251.9M
$422.5M
Q2 25
$449.4M
$371.8M
Q1 25
$315.7M
$397.9M
Q4 24
$261.9M
$935.6M
Q3 24
$285.3M
$845.8M
Q2 24
$272.6M
$699.0M
Q1 24
$234.9M
$578.9M
Total Debt
AVTR
AVTR
AYI
AYI
Q4 25
$3.9B
Q3 25
$3.9B
Q2 25
$4.2B
Q1 25
$4.1B
Q4 24
$4.1B
Q3 24
$4.9B
Q2 24
$5.1B
Q1 24
$5.3B
Stockholders' Equity
AVTR
AVTR
AYI
AYI
Q4 25
$5.6B
$2.8B
Q3 25
$5.6B
$2.7B
Q2 25
$6.3B
$2.6B
Q1 25
$6.1B
$2.5B
Q4 24
$6.0B
$2.5B
Q3 24
$5.6B
$2.4B
Q2 24
$5.4B
$2.3B
Q1 24
$5.3B
$2.1B
Total Assets
AVTR
AVTR
AYI
AYI
Q4 25
$11.8B
$4.7B
Q3 25
$11.7B
$4.8B
Q2 25
$12.8B
$4.6B
Q1 25
$12.3B
$4.6B
Q4 24
$12.1B
$3.9B
Q3 24
$12.8B
$3.8B
Q2 24
$12.7B
$3.6B
Q1 24
$12.8B
$3.5B
Debt / Equity
AVTR
AVTR
AYI
AYI
Q4 25
0.71×
Q3 25
0.69×
Q2 25
0.67×
Q1 25
0.67×
Q4 24
0.68×
Q3 24
0.89×
Q2 24
0.94×
Q1 24
1.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVTR
AVTR
AYI
AYI
Operating Cash FlowLast quarter
$152.7M
$140.8M
Free Cash FlowOCF − Capex
$117.2M
$114.8M
FCF MarginFCF / Revenue
7.0%
10.0%
Capex IntensityCapex / Revenue
2.1%
2.3%
Cash ConversionOCF / Net Profit
2.91×
1.17×
TTM Free Cash FlowTrailing 4 quarters
$495.0M
$534.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVTR
AVTR
AYI
AYI
Q4 25
$152.7M
$140.8M
Q3 25
$207.4M
$202.5M
Q2 25
$154.4M
$207.3M
Q1 25
$109.3M
$59.4M
Q4 24
$173.3M
$132.2M
Q3 24
$244.8M
$174.1M
Q2 24
$281.1M
$152.5M
Q1 24
$141.6M
$102.6M
Free Cash Flow
AVTR
AVTR
AYI
AYI
Q4 25
$117.2M
$114.8M
Q3 25
$171.7M
$177.7M
Q2 25
$124.8M
$192.3M
Q1 25
$81.3M
$49.7M
Q4 24
$145.8M
$113.3M
Q3 24
$204.0M
$151.1M
Q2 24
$235.3M
$140.5M
Q1 24
$106.9M
$88.2M
FCF Margin
AVTR
AVTR
AYI
AYI
Q4 25
7.0%
10.0%
Q3 25
10.6%
14.7%
Q2 25
7.4%
16.3%
Q1 25
5.1%
4.9%
Q4 24
8.6%
11.9%
Q3 24
11.9%
14.6%
Q2 24
13.8%
14.5%
Q1 24
6.4%
9.7%
Capex Intensity
AVTR
AVTR
AYI
AYI
Q4 25
2.1%
2.3%
Q3 25
2.2%
2.1%
Q2 25
1.8%
1.3%
Q1 25
1.8%
1.0%
Q4 24
1.6%
2.0%
Q3 24
2.4%
2.2%
Q2 24
2.7%
1.2%
Q1 24
2.1%
1.6%
Cash Conversion
AVTR
AVTR
AYI
AYI
Q4 25
2.91×
1.17×
Q3 25
1.78×
Q2 25
2.39×
2.11×
Q1 25
1.69×
0.77×
Q4 24
0.35×
1.24×
Q3 24
4.24×
1.46×
Q2 24
3.03×
1.34×
Q1 24
2.34×
1.15×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVTR
AVTR

Laboratory Solutions Segment$1.1B67%
Bioscience Production Segment$547.5M33%

AYI
AYI

Sales Channel Through Independent Sales Network$616.7M54%
Acuity Intelligent Spaces$248.1M22%
QSCLLC$95.1M8%
Sales Channel Through Direct Sales Network$70.6M6%
Sales Channel Through Original Equipment Manufacturer And Other$49.1M4%
Sales Channel Through Corporate Accounts Network$40.7M4%
Sales Channel Through Retail$40.3M4%

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