Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Avient Corp.AVNT · chemicals
GradeBearEweakest fifth of 331 graded peers; percentile 85.2, sampling error 2.7 points; lower is stronger
Rank275 of 331
ProfitabilityCpercentile 55.5
SolvencyDpercentile 65.6
Growth and financingDpercentile 72.6
Reliability0.94 AUCfailure model, filers with over $2.67B assets; 95% interval 0.88 to 0.97; 61 events, 2020 to 2025
Peer failure rate0.52% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size bandover $2.67B assetstotal assets $6.0B[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsnone activenot computable: short runway, distress
Inputs computable9 of 14
Graded fromfilings received through Feb 17, 2026234 days before the rescan; every figure keyed to the SEC receipt date
Last close$40.992026-10-08; market equity $3.8B; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$30$40NovDecJanFebMarAprMayJunJulAugSepOctDE$40.98
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/a
Feb 21, 2012nonen/aQ4
Feb 21, 2014C51.7Q5
Feb 21, 2015D64.5Q5
Mar 21, 2015C/D60.6Q5
Nov 21, 2015D64.3Q5
Dec 21, 2015C/D62.1Q5
Feb 21, 2016C52.6Q4
Feb 21, 2017D65.3Q5
Feb 21, 2018C55.1Q5
Sep 21, 2018C/D57.1Q5
Nov 21, 2018C56.9Q5
Dec 21, 2018C/D57.5Q5
Feb 21, 2019D74.3Q5
May 21, 2019D/E78.3Q5
Feb 21, 2020nonen/aQ5
Mar 21, 2022C/D60.5Q5
Aug 21, 2022C57.0Q5
Sep 21, 2022C/D57.5Q5
Nov 21, 2022C56.3Q5
Mar 21, 2023D73.4Q5
Feb 21, 2024E82.8Q5
Feb 21, 2025D75.7Q5
Feb 21, 2026E84.5Q5

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Feb 17, 2026; the document on sec.gov.

We are an innovator of materials solutions to help our customers succeed, while enabling a sustainable world. Our products include specialty engineered materials, performance fibers, advanced composites and color and additive solutions. We are also a highly specialized developer and manufacturer of performance enhancing additives, liquid colorants and silicone colorants. When used in this Annual Report on Form 10-K, the terms “we,” “us,” “our," "Avient" and the “Company” mean Avient Corporation and its consolidated subsidiaries. Avient was formed as PolyOne Corporation on August 31, 2000, from the consolidation of The Geon Company (Geon) and M.A. Hanna Company (Hanna).

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 55.5
Gross profitability16.9%[1,3]21.3%62.63592025-12-31
Return on invested capitalnot computable9.5%
latest aligned inputs end 2018-12-31; latest annual assets end 2025-12-31
Accruals ratio(3.7%)[1,4-6](4.2%)53.44002025-12-31
Gross margin stability, five years2.3 pts[2-3,7-14]2.2 pts50.73012025-12-31
Solvency, sleeve percentile 65.6
Twelve-month failure probabilitynot computable0.05%
liabilities and a nearby cover-page share count are required at 2026-06-30
Altman Z double-primenot computable3.41
one or more required annual facts are missing
Net debt to EBITDAnot computable1.88x
latest aligned inputs end 2018-12-31; latest annual assets end 2025-12-31
Interest coveragenot computable4.16x
latest aligned inputs end 2017-12-31; latest annual assets end 2025-12-31
Current ratio1.66x[15-16]2.20x65.64232025-12-31
Growth and financing, sleeve percentile 72.6
Revenue growth, three-year compound(1.4%)[2,8,10,12]1.2%61.33502025-12-31
Free cash flow growth, three-year compound(12.7%)[5,17-23]12.6%84.31792025-12-31
Reinvestment rate(125.2%)[15-17,24-29]24.3%94.11702025-12-31
Asset growth, three years(0.3%)[1,6,30-31]2.9%66.33692025-12-31
Net share issuance, one year0.2%[32-33]0.0%57.23212026-02-06

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite 0.344; sampling error 2.7 percentile points on 331 peers.

Among 331 Peers [top]

ABCDELRCX, LAM Research Corp.; A, percentile 8.3; market equity $401.2B; warnings: fortress balance sheetLRCXCAT, Caterpillar Inc.; C, percentile 51.2; market equity $366.0BCATLIN, Linde plc; C, percentile 52.7; market equity $222.1BLINPG, Procter & Gamble Co.; C, percentile 54.5; market equity $350.0BPGETN, Eaton Corp. plc; D, percentile 69.7; market equity $164.9BETNRTX, RTX Corp.; D, percentile 74.8; market equity $248.4BRTXAVNT 85.2strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
270Mosaic Co. (MOS)

Mosaic Co. (MOS)

Eweakest fifth; percentile 83.9

NYSE · Agricultural Chemicals

market equity $6.3B; last close $19.75

No active warnings; 10 of 14 inputs

83.9E
271O-I Glass, Inc. (OI)

O-I Glass, Inc. (OI)

Eweakest fifth; percentile 84.3

NYSE · Glass Containers

market equity $948.1M; last close $6.18

No active warnings; 7 of 14 inputs

84.3E
272Sifco Industries Inc. (SIF)

Sifco Industries Inc. (SIF)

Eweakest fifth; percentile 84.6

NYSE · Aircraft Engines & Engine Parts

market equity $140.8M; last close $22.95

Warnings: fortress balance sheet; 8 of 14 inputs

84.6Efortress balance sheet
273Kronos Worldwide Inc. (KRO)

Kronos Worldwide Inc. (KRO)

Eweakest fifth; percentile 84.8

NYSE · Industrial Inorganic Chemicals

market equity $900.1M; last close $7.84

No active warnings; 8 of 14 inputs

84.8E
274Clearwater Paper Corp. (CLW)

Clearwater Paper Corp. (CLW)

Eweakest fifth; percentile 85.0

NYSE · Paperboard Mills

market equity $314.6M; last close $19.42

No active warnings; 10 of 14 inputs

85.0E
275Avient Corp. (AVNT)

Avient Corp. (AVNT)

Eweakest fifth; percentile 85.2

NYSE · Plastic Materials, Synth Resins & Nonvulcan Elastomers

market equity $3.8B; last close $40.99

No active warnings; 9 of 14 inputs

85.2E
276MasterCraft Boat Holdings, Inc. (MCFT)

MasterCraft Boat Holdings, Inc. (MCFT)

Eweakest fifth; percentile 85.4

Nasdaq · Ship & Boat Building & Repairing

market equity $474.6M; last close $19.52

Warnings: dilution; 11 of 14 inputs

85.4Edilution
277Stepan Co. (SCL)

Stepan Co. (SCL)

Eweakest fifth; percentile 85.8

NYSE · Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics

market equity $1.4B; last close $60.95

No active warnings; 10 of 14 inputs

85.8E
278Smurfit Westrock plc (SW)

Smurfit Westrock plc (SW)

Eweakest fifth; percentile 85.8

NYSE · Paperboard Containers & Boxes

market equity $21.7B; last close $41.45

No active warnings; 8 of 14 inputs

85.8E
279FMC Corp. (FMC)

FMC Corp. (FMC)

Eweakest fifth; percentile 86.1

NYSE · Chemicals & Allied Products

market equity $1.1B; last close $8.91

No active warnings; 7 of 14 inputs

86.1E
280Worthington Enterprises, Inc. (WOR)

Worthington Enterprises, Inc. (WOR)

Eweakest fifth; percentile 86.2

NYSE · Steel Works, Blast Furnaces & Rolling & Finishing Mills

market equity $3.0B; last close $61.13

No active warnings; 13 of 14 inputs

86.2E
Peer policyLetterPercentilePeers
all graded filers, equal sleevesE84.72204
sector peers, equal sleeves (the grade)E85.2331
same exchange, equal sleevesD/E79.8984
sector peers, equal inputsE89.4331

Each letter is one fifth of the 331 graded peers, about 66 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month36.1%13.8%70hotter than 70 of 100 peers
Distance from 52-week high(11.6%)(24.2%)81closer to its high than 81 of 100 peers
EBIT to enterprise value3.7%3.9%48pricier than 52 of 100 peers
Free cash flow yield5.2%3.2%71pricier than 29 of 100 peers
Book value to price0.650.3969pricier than 31 of 100 peers
Sales to price0.870.5765pricier than 35 of 100 peers
Composite equity issuance, five years(13.2%)(9.9%)38more equity-funded than 38 of 100 peers
Relative strength against the sector, log excess return0.14(0.02)67ahead of 67 of 100 peers

Inputs: market equity $3.8B; EBIT $203.5M; free cash flow $195.0M; book equity $2.4B; sales $3.3B; debt $1.9B; cash $199.6M[34].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: 5 of 9, period end 2025-12-31
Return on assets above zero1.4%✓ pass[4,6]
Operating cash flow above zero$301.6M✓ pass[5]
Return on assets improved(1.4 pts)✗ fail[4,6,30,35]
Operating cash flow exceeds net income$219.7M✓ pass[4-5]
Long-term leverage fell(2.5 pts)✓ pass[1,6,30,36-37]
Current ratio improved(22.6 pts)✗ fail[15-16,28-29]
No new shares issued0.2%✗ fail[32-33]
Gross margin improved(1.5 pts)✗ fail[2-3,7-8]
Asset turnover improved1.8 pts✓ pass[2,6,8,30]
Cash, filings, liquidity
Cash and equivalentsn/a
Operating cash flow, four quartersn/a[5,38-41]
Months of runwaynot finite
cash is missing at the end of the latest cash-flow quarter
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing64
10-Q received Aug 6, 2026
Median daily dollar volume$28.8M
63 sessions
Days since newest grade input234

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$6.0B2025-12-312026-02-1710-Kfiling · viewer · series
2revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$3.3B2025-12-312026-02-1710-Kfiling · viewer · series
3gross profitus-gaap:GrossProfit$1.0B2025-12-312026-02-1710-Kfiling · viewer · series
4net incomeus-gaap:NetIncomeLoss$81.9M2025-12-312026-02-1710-Kfiling · viewer · series
5operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$301.6M2025-12-312026-02-1710-Kfiling · viewer · series
6assetsus-gaap:Assets$5.8B2024-12-312026-02-1710-Kfiling · viewer · series
7gross profitus-gaap:GrossProfit$1.1B2024-12-312026-02-1710-Kfiling · viewer · series
8revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$3.2B2024-12-312026-02-1710-Kfiling · viewer · series
9gross profitus-gaap:GrossProfit$892.5M2023-12-312026-02-1710-Kfiling · viewer · series
10revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$3.1B2023-12-312026-02-1710-Kfiling · viewer · series
11gross profitus-gaap:GrossProfit$882.7M2022-12-312025-02-1810-Kfiling · viewer · series
12revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$3.4B2022-12-312025-02-1810-Kfiling · viewer · series
13gross profitus-gaap:GrossProfit$943.8M2021-12-312024-02-2010-Kfiling · viewer · series
14revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$3.3B2021-12-312024-02-2010-Kfiling · viewer · series
15current assetsus-gaap:AssetsCurrent$1.4B2025-12-312026-02-1710-Kfiling · viewer · series
16current liabilitiesus-gaap:LiabilitiesCurrent$846.3M2025-12-312026-02-1710-Kfiling · viewer · series
17capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$106.6M2025-12-312026-02-1710-Kfiling · viewer · series
18operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$256.8M2024-12-312026-02-1710-Kfiling · viewer · series
19capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$121.9M2024-12-312026-02-1710-Kfiling · viewer · series
20operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$201.6M2023-12-312026-02-1710-Kfiling · viewer · series
21capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$119.4M2023-12-312026-02-1710-Kfiling · viewer · series
22operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$398.4M2022-12-312025-02-1810-Kfiling · viewer · series
23capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$105.5M2022-12-312025-02-1810-Kfiling · viewer · series
24depreciation amortizationus-gaap:DepreciationDepletionAndAmortization$185.9M2025-12-312026-02-1710-Kfiling · viewer · series
25operating incomeus-gaap:OperatingIncomeLoss$203.5M2025-12-312026-02-1710-Kfiling · viewer · series
26pretax incomeus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest$111.7M2025-12-312026-02-1710-Kfiling · viewer · series
27income taxus-gaap:IncomeTaxExpenseBenefit$28.1M2025-12-312026-02-1710-Kfiling · viewer · series
28current assetsus-gaap:AssetsCurrent$1.4B2024-12-312026-02-1710-Kfiling · viewer · series
29current liabilitiesus-gaap:LiabilitiesCurrent$756.1M2024-12-312026-02-1710-Kfiling · viewer · series
30assetsus-gaap:Assets$6.0B2023-12-312025-02-1810-Kfiling · viewer · series
31assetsus-gaap:Assets$6.1B2022-12-312024-02-2010-Kfiling · viewer · series
32shares outstandingdei:EntityCommonStockSharesOutstanding91,624,7282026-02-062026-02-1710-Kfiling · viewer · series
33shares outstandingdei:EntityCommonStockSharesOutstanding91,439,3432025-02-102025-02-1810-Kfiling · viewer · series
34shares outstandingdei:EntityCommonStockSharesOutstanding91,719,5502026-06-302026-08-0610-Qfiling · viewer · series
35net incomeus-gaap:NetIncomeLoss$169.5M2024-12-312026-02-1710-Kfiling · viewer · series
36long term debtus-gaap:LongTermDebtNoncurrent$1.9B2025-12-312026-02-1710-Kfiling · viewer · series
37long term debtus-gaap:LongTermDebtNoncurrent$2.1B2024-12-312026-02-1710-Kfiling · viewer · series
38operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$59.3M2026-06-302026-08-0610-Qfiling · viewer · series
39operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$34.5M2026-03-312026-05-0710-Qfiling · viewer · series
40operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$133.8M2025-09-302025-11-0510-Qfiling · viewer · series
41operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$61.7M2025-06-302026-08-0610-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 85.2 is 5.2 points from the nearest band edge; sampling error is 2.7 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.