# Avantor Inc. (AVTR) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Basic Materials / Chemicals. Price $14.97, market value $10.1 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Avantor Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 1.5×**. Each dollar of revenue is priced at 1.5×.
- **Price / book: 1.8×**. The shares trade at 1.8× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 118.1×**. Enterprise value is 118.1× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 4.5%** (5-yr avg 4.8%). Free cash flow equals 4.5% of the market value, in line with its five-year average of 4.8%.

## Profitability
- **Gross margin: 31.8%**. Avantor Inc. keeps 31.8% of revenue after the direct cost of what it sells.
- **Operating margin: -4.6%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -8.1%**. The company reported a net loss over the last twelve months.
- **Return on equity: -9.5%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -2.6%**. Return on all capital, debt included, is -2.6%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -4.9%**. Each dollar of assets produces -4.9% of profit.

## Growth
- **Revenue growth (1 yr): -3.4%** (3-yr -4.5%/yr, 5-yr 0.5%/yr). Revenue fell 3.4% over the last year, against 0.5% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -175.0%**. Earnings per share fell 175.0%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -11.3%/yr**. Free cash flow has compounded at -11.3% a year over three years.

## Financial health
- **Debt to equity: 0.71**. Debt is 0.71 times equity, moderate leverage.
- **Net debt / EBITDA: 30.8×**. It would take 30.8 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 2.12**. A Z-score of 2.12 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Avantor Inc. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 13.5%** (YTD 30.6%, 3-mo 63.4%). The shares are up 13.5% over twelve months including dividends.
- **From 52-week high: -6.0%** (106.1% above the low). Trading 6% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 67**. An RSI of 67 is neutral.
- **Beta (1 yr): 0.97** (volatility 52%). Beta of 0.97 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=AVTR · Page: https://foliofundamentals.com/stocks/avtr

Not investment advice.