greeksoup/ stock research

Avient (AVNT) FY2009 results: revenue $2.1 billion

Avient Corp. (AVNT) reported revenue of $2.1 billion for fiscal 2009, the year ended 31 December 2009. Net income was $107 million, and diluted earnings per share $1.14. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2012.

Revenue
$2.1 billion
FY2009FY2009
Operating margin
6.7%
FY2009FY2009
Net income
$107 million
FY2009FY2009
Diluted EPS
$1.14
FY2009FY2009

this yearthe year beforeHover a bar for its figure.

The year in brief

Income statement (profit and loss)

$ millionFY2009Last 8 years
Revenue2,061
Cost of revenue1,737
Gross profit324
Gross margin15.7%
Research and development30.2
Selling, general and administrative217
Operating income137
Operating margin6.7%
Interest expense34.3
Income tax-13.5
Net income107
Net margin5.2%
Diluted EPS$1.14
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionFY2009Last 8 years
Operating cash flow230
Capital expenditure31.7
Free cash flow198
Free cash flow margin9.6%
Cash from investing-26.2
Cash from financing-25.7
Depreciation and amortisation64.8
Share-based compensation2.6
Diluted shares, weighted93m

Balance sheet

$ millionFY2009Last 8 years
Shareholders' equity358
Goodwill164
Cash and equivalents223
Other assets1,030
Total assets1,416

10-K for the year ended 31 December 2009, filed 17 February 2012: the filing.