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Side-by-side financial comparison of Avantor, Inc. (AVTR) and Ralph Lauren Corporation (RL). Click either name above to swap in a different company.

Ralph Lauren Corporation is the larger business by last-quarter revenue ($2.4B vs $1.7B, roughly 1.4× Avantor, Inc.). Ralph Lauren Corporation runs the higher net margin — 15.0% vs 3.1%, a 11.9% gap on every dollar of revenue. On growth, Ralph Lauren Corporation posted the faster year-over-year revenue change (12.2% vs -1.4%). Ralph Lauren Corporation produced more free cash flow last quarter ($704.0M vs $117.2M). Over the past eight quarters, Ralph Lauren Corporation's revenue compounded faster (23.9% 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”.

Ralph Lauren is an American fashion designer, philanthropist, and billionaire businessman, best known for founding the brand Ralph Lauren, a global multibillion-dollar enterprise. He stepped down as CEO of the company in September 2015 but remains executive chairman and chief creative officer. As of May 2025, his net worth is estimated at US$11.9 billion.

AVTR vs RL — Head-to-Head

Bigger by revenue
RL
RL
1.4× larger
RL
$2.4B
$1.7B
AVTR
Growing faster (revenue YoY)
RL
RL
+13.6% gap
RL
12.2%
-1.4%
AVTR
Higher net margin
RL
RL
11.9% more per $
RL
15.0%
3.1%
AVTR
More free cash flow
RL
RL
$586.8M more FCF
RL
$704.0M
$117.2M
AVTR
Faster 2-yr revenue CAGR
RL
RL
Annualised
RL
23.9%
-0.5%
AVTR

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
AVTR
AVTR
RL
RL
Revenue
$1.7B
$2.4B
Net Profit
$52.4M
$361.6M
Gross Margin
31.5%
69.9%
Operating Margin
7.6%
19.6%
Net Margin
3.1%
15.0%
Revenue YoY
-1.4%
12.2%
Net Profit YoY
-89.5%
21.6%
EPS (diluted)
$0.08
$5.82

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
RL
RL
Q4 25
$1.7B
$2.4B
Q3 25
$1.6B
$2.0B
Q2 25
$1.7B
$1.7B
Q1 25
$1.6B
$1.7B
Q4 24
$1.7B
$2.1B
Q3 24
$1.7B
$1.7B
Q2 24
$1.7B
$1.5B
Q1 24
$1.7B
$1.6B
Net Profit
AVTR
AVTR
RL
RL
Q4 25
$52.4M
$361.6M
Q3 25
$-711.8M
$207.5M
Q2 25
$64.7M
$220.4M
Q1 25
$64.5M
$129.0M
Q4 24
$500.4M
$297.4M
Q3 24
$57.8M
$147.9M
Q2 24
$92.9M
$168.6M
Q1 24
$60.4M
$90.7M
Gross Margin
AVTR
AVTR
RL
RL
Q4 25
31.5%
69.9%
Q3 25
32.4%
68.0%
Q2 25
32.9%
72.3%
Q1 25
33.8%
68.7%
Q4 24
33.4%
68.4%
Q3 24
32.9%
67.0%
Q2 24
34.1%
70.5%
Q1 24
34.0%
66.6%
Operating Margin
AVTR
AVTR
RL
RL
Q4 25
7.6%
19.6%
Q3 25
-40.0%
12.2%
Q2 25
7.7%
15.9%
Q1 25
9.3%
9.1%
Q4 24
37.8%
18.2%
Q3 24
7.3%
10.4%
Q2 24
10.3%
13.8%
Q1 24
8.7%
6.9%
Net Margin
AVTR
AVTR
RL
RL
Q4 25
3.1%
15.0%
Q3 25
-43.8%
10.3%
Q2 25
3.8%
12.8%
Q1 25
4.1%
7.6%
Q4 24
29.7%
13.9%
Q3 24
3.4%
8.6%
Q2 24
5.5%
11.1%
Q1 24
3.6%
5.8%
EPS (diluted)
AVTR
AVTR
RL
RL
Q4 25
$0.08
$5.82
Q3 25
$-1.04
$3.32
Q2 25
$0.09
$3.52
Q1 25
$0.09
$2.03
Q4 24
$0.73
$4.66
Q3 24
$0.08
$2.31
Q2 24
$0.14
$2.61
Q1 24
$0.09
$1.37

Balance Sheet & Financial Strength

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

Metric
AVTR
AVTR
RL
RL
Cash + ST InvestmentsLiquidity on hand
$365.4M
$2.3B
Total DebtLower is stronger
$3.9B
Stockholders' EquityBook value
$5.6B
$2.9B
Total Assets
$11.8B
$7.8B
Debt / EquityLower = less leverage
0.71×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVTR
AVTR
RL
RL
Q4 25
$365.4M
$2.3B
Q3 25
$251.9M
$1.6B
Q2 25
$449.4M
$2.3B
Q1 25
$315.7M
$2.1B
Q4 24
$261.9M
$2.1B
Q3 24
$285.3M
$1.7B
Q2 24
$272.6M
$1.8B
Q1 24
$234.9M
$1.8B
Total Debt
AVTR
AVTR
RL
RL
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
RL
RL
Q4 25
$5.6B
$2.9B
Q3 25
$5.6B
$2.6B
Q2 25
$6.3B
$2.5B
Q1 25
$6.1B
$2.6B
Q4 24
$6.0B
$2.5B
Q3 24
$5.6B
$2.4B
Q2 24
$5.4B
$2.4B
Q1 24
$5.3B
$2.5B
Total Assets
AVTR
AVTR
RL
RL
Q4 25
$11.8B
$7.8B
Q3 25
$11.7B
$7.3B
Q2 25
$12.8B
$7.8B
Q1 25
$12.3B
$7.0B
Q4 24
$12.1B
$7.1B
Q3 24
$12.8B
$6.8B
Q2 24
$12.7B
$6.6B
Q1 24
$12.8B
$6.6B
Debt / Equity
AVTR
AVTR
RL
RL
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
RL
RL
Operating Cash FlowLast quarter
$152.7M
$779.6M
Free Cash FlowOCF − Capex
$117.2M
$704.0M
FCF MarginFCF / Revenue
7.0%
29.3%
Capex IntensityCapex / Revenue
2.1%
3.1%
Cash ConversionOCF / Net Profit
2.91×
2.16×
TTM Free Cash FlowTrailing 4 quarters
$495.0M
$694.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVTR
AVTR
RL
RL
Q4 25
$152.7M
$779.6M
Q3 25
$207.4M
$53.2M
Q2 25
$154.4M
$176.1M
Q1 25
$109.3M
$122.2M
Q4 24
$173.3M
$738.4M
Q3 24
$244.8M
$97.2M
Q2 24
$281.1M
$277.3M
Q1 24
$141.6M
Free Cash Flow
AVTR
AVTR
RL
RL
Q4 25
$117.2M
$704.0M
Q3 25
$171.7M
$-40.6M
Q2 25
$124.8M
$-11.2M
Q1 25
$81.3M
$42.3M
Q4 24
$145.8M
$677.2M
Q3 24
$204.0M
$55.5M
Q2 24
$235.3M
$243.9M
Q1 24
$106.9M
FCF Margin
AVTR
AVTR
RL
RL
Q4 25
7.0%
29.3%
Q3 25
10.6%
-2.0%
Q2 25
7.4%
-0.7%
Q1 25
5.1%
2.5%
Q4 24
8.6%
31.6%
Q3 24
11.9%
3.2%
Q2 24
13.8%
16.1%
Q1 24
6.4%
Capex Intensity
AVTR
AVTR
RL
RL
Q4 25
2.1%
3.1%
Q3 25
2.2%
4.7%
Q2 25
1.8%
10.9%
Q1 25
1.8%
4.7%
Q4 24
1.6%
2.9%
Q3 24
2.4%
2.4%
Q2 24
2.7%
2.2%
Q1 24
2.1%
Cash Conversion
AVTR
AVTR
RL
RL
Q4 25
2.91×
2.16×
Q3 25
0.26×
Q2 25
2.39×
0.80×
Q1 25
1.69×
0.95×
Q4 24
0.35×
2.48×
Q3 24
4.24×
0.66×
Q2 24
3.03×
1.64×
Q1 24
2.34×

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%

RL
RL

Segment breakdown not available.

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