Avient Q4 Adjusted EPS Climbs 14% to $0.56, Sets 2026 EPS Guidance
Avient’s fourth-quarter sales increased 2% to $761 million, driving adjusted EPS of $0.56, a 14% year-over-year gain, while full-year sales rose 1% to $3.26 billion with adjusted EPS of $2.82, up 6%. The company generated $302 million in operating cash flow, repaid $150 million of debt and set 2026 adjusted EPS guidance of $2.93–3.17, up 4–12%.
1. Q4 and Full-Year Sales Performance
Avient reported fourth-quarter sales of $761 million, a 2% increase year-over-year, and full-year sales of $3.26 billion, up 1%. Favorable foreign exchange contributed 3% to Q4 sales growth and 1% for the full year.
2. Earnings and Margin Expansion
GAAP EPS for Q4 and full year were $0.18 and $0.89, compared with $0.52 and $1.84 a year earlier. Adjusted EPS reached $0.56 in Q4, a 14% rise, and $2.82 for the year, driven by organic growth in Specialty Engineered Materials and productivity initiatives, with adjusted EBITDA margin expanding by 50 basis points to 16.7%.
3. Cash Flow Generation and Debt Reduction
The company generated $302 million in operating cash flow for 2025, which supported $150 million of debt repayment. Free cash flow exceeded expectations, underpinning a stronger balance sheet and providing flexibility for future investments.
4. 2026 Financial Guidance
Avient initiated full-year 2026 guidance with adjusted EPS expected between $2.93 and $3.17, reflecting 4% to 12% growth, and adjusted EBITDA of $555 million to $585 million, up 2% to 7%. First-quarter adjusted EPS is projected at $0.81, 7% above the prior-year quarter, with free cash flow forecasted to exceed $200 million.