AVIENT CORPORATION
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Feb 2024 | Sep 2023 | Jun 2023 | Mar 2023 | Feb 2023 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $849.7M | $829.0M | — | $753.7M | $824.4M | $845.7M | — | $823.3M |
| Cost of Revenue | $592.1M | $550.8M | — | $558.4M | $583.7M | $598.1M | — | $627.9M |
| Gross Profit | $257.6M | $278.2M | — | $195.3M | $240.7M | $247.6M | — | $195.4M |
| Gross Margin | 30.3% | 33.6% | — | 25.9% | 29.2% | 29.3% | — | 23.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $185.1M | $184.2M | — | $161.0M | $178.4M | $190.5M | — | $154.8M |
| Operating Income | $72.5M | $94.0M | — | $34.3M | $62.3M | $57.1M | — | $40.6M |
| Operating Margin | 8.5% | 11.3% | — | 4.6% | 7.6% | 6.8% | — | 4.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $45.0M | $66.5M | — | $5.0M | $32.7M | $29.0M | — | $-29.0M |
| Income Tax Expense | $11.2M | $16.8M | — | $-100.0K | $10.4M | $7.7M | — | $-1.2M |
| Net Income | $33.6M | $49.4M | — | $5.1M | $22.1M | $19.9M | — | $-10.3M |
| Net Margin | 4.0% | 6.0% | — | 0.7% | 2.7% | 2.4% | — | -1.3% |
| EPS (Basic) | $0.37 | $0.54 | — | $0.06 | $0.24 | $0.22 | — | $-0.11 |
| EPS (Diluted) | $0.36 | $0.54 | — | $0.06 | $0.24 | $0.22 | — | $-0.11 |
| Shares Outstanding (Basic) | 91.3M | 91.2M | 91.2M | 91.1M | 91.1M | 91.0M | 91.0M | 90.9M |
| Shares Outstanding (Diluted) | 92.2M | 92.0M | 91.2M | 91.9M | 91.9M | 91.8M | 91.0M | 90.9M |
| Dividends Per Share | $0.26 | $0.26 | — | $0.25 | $0.25 | $0.25 | — | $0.24 |