AVTR - Avantor, Inc.
Price:
--
--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$9.44
DETAILS
HIGH:
$11.00
LOW:
$7.00
MEDIAN:
$10.00
CONSENSUS:
$9.44
UPSIDE:
16.26%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||
| Revenue | 6,552.2 | 6,783.6 | 6,967.2 | 7,512.4 | 7,386.1 | 6,393.6 | 6,040.3 | 5,864.3 | 1,247.4 | 691.3 | 636.9 |
| Cost of Revenue | 4,412.8 | 4,504.3 | 4,603.4 | 4,909.6 | 4,883.4 | 4,313.1 | 4,119.6 | 4,044.5 | 814.6 | 371.6 | 374.7 |
| Gross Profit | 2,139.4 | 2,279.3 | 2,363.8 | 2,602.8 | 2,502.7 | 2,080.5 | 1,920.7 | 1,819.8 | 432.8 | 319.7 | 262.2 |
| Operating Expenses | |||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.1 | 21.9 |
| SG&A Expenses | 1,595.5 | 1,641.1 | 1,506.6 | 1,472.6 | 1,530.5 | 1,373.7 | 1,368.9 | 1,406.3 | 643.2 | 309.8 | 201.6 |
| Other Expenses | 790.1 | (446.6) | 160.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.3) |
| Operating Expenses | 2,385.6 | 1,194.5 | 1,667.4 | 1,472.6 | 1,530.5 | 1,373.7 | 1,368.9 | 1,406.3 | 643.2 | 309.8 | 201.9 |
| Operating Income | |||||||||||
| Operating Income | (246.2) | 1,084.8 | 696.4 | 1,130.2 | 972.2 | 706.8 | 551.8 | 413.5 | (210.4) | 9.9 | 60.3 |
| Interest Expense | 169.8 | 218.8 | 284.8 | 265.8 | 217.4 | 307.6 | 440 | 523.8 | 200.9 | 80.3 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30.6 |
| Profitability | |||||||||||
| EBITDA | 138.7 | 1,478.2 | 1,097.6 | 1,522.4 | 1,349.6 | 765.3 | 879.5 | 814.6 | (160.1) | 70 | 121.1 |
| EBIT | (271.5) | 1,072.7 | 695.3 | 1,116.9 | 970.4 | 369.9 | 480.6 | 410 | (259.3) | 9.7 | 60.4 |
| Income Before Tax | (441.3) | 853.9 | 410.5 | 851.1 | 753 | 62.3 | 40.6 | (113.8) | (460.2) | (70.6) | 29.8 |
| Income Tax Expense | 88.9 | 142.4 | 89.4 | 164.6 | 180.4 | (54.3) | 2.8 | (26.9) | (314.9) | 10.1 | 17.1 |
| Net Income | (530.2) | 711.5 | 321.1 | 686.5 | 572.6 | 116.6 | 37.8 | (86.9) | (112.7) | (42.4) | 21.6 |
| Per Share Data | |||||||||||
| EPS (Basic) | -0.78 | 1.05 | 0.48 | 1.02 | 0.86 | 0.09 | -0.84 | -0.72 | -0.84 | -0.09 | 0.04 |
| EPS (Diluted) | -0.78 | 1.04 | 0.47 | 1.01 | 0.85 | 0.09 | -0.84 | -0.72 | -0.84 | -0.09 | 0.04 |
| Shares Outstanding | 678 | 680.3 | 675.6 | 650.9 | 590.5 | 576.3 | 401.2 | 496.5 | 496.5 | 491.3 | 534.3 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 365.4 | 261.9 | 262.9 | 372.9 | 301.7 | 286.6 | 186.7 | 184.7 | 185.4 | 62.9 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 1,074.6 | 1,034.5 | 1,150.2 | 1,218.4 | 1,222.1 | 1,113.3 | 988.8 | 931.2 | 875 | 87.9 |
| Inventory | 818.2 | 731.5 | 828.1 | 913.5 | 872 | 739.6 | 711.2 | 671.1 | 695.1 | 122.2 |
| Other Current Assets | 193 | 118.7 | 143.7 | 153.1 | 81.4 | 91.4 | 134.8 | 112.6 | 78.3 | 19 |
| Total Current Assets | 2,451.2 | 2,146.6 | 2,384.9 | 2,657.9 | 2,477.2 | 2,230.9 | 2,021.5 | 1,899.6 | 1,833.8 | 292 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 766.8 | 708.1 | 737.5 | 727 | 705.5 | 549.9 | 557 | 598.6 | 663.5 | 204 |
| Goodwill | 4,986.9 | 5,539.2 | 5,716.7 | 5,652.6 | 5,341.1 | 2,860.2 | 2,769.4 | 2,784.7 | 2,847.3 | 186.1 |
| Intangible Assets | 3,193.8 | 3,359.9 | 3,775.3 | 4,133.3 | 5,140.3 | 4,048.8 | 4,220.2 | 4,565.7 | 4,989.3 | 441.4 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.1 |
| Other Non-Current Assets | 396 | 360.4 | 358.3 | 293.5 | 233.1 | 216.7 | 205.2 | 63 | 112.6 | 9.2 |
| Total Non-Current Assets | 9,343.5 | 9,967.6 | 10,587.8 | 10,806.4 | 11,420 | 7,675.6 | 7,751.8 | 8,012 | 8,612.7 | 843.8 |
| Total Assets | 11,794.7 | 12,114.5 | 12,972.7 | 13,464.3 | 13,897.2 | 9,906.5 | 9,773.3 | 9,911.6 | 10,446.5 | 1,135.8 |
| Current Liabilities | ||||||||||
| Account Payables | 741.7 | 662.8 | 625.9 | 758.2 | 755.1 | 678.9 | 560.2 | 557.4 | 542 | 48 |
| Short-Term Debt | 30.8 | 821.1 | 259.9 | 364.2 | 45.2 | 26.4 | 93.5 | 142.4 | 109 | 13.7 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 |
| Other Current Liabilities | 559.1 | 475 | 544.3 | 486.5 | 600.7 | 492.9 | 346.6 | 319.8 | 374.3 | 64.2 |
| Total Current Liabilities | 1,378.9 | 2,007.5 | 1,480.3 | 1,658.8 | 1,450.8 | 1,242.7 | 1,074.5 | 1,096.2 | 1,104.3 | 135.9 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 3,915.5 | 3,234.7 | 5,276.7 | 5,923.3 | 6,978 | 4,867.5 | 5,023 | 6,782.3 | 7,008.8 | 1,282.4 |
| Deferred Tax Liabilities | 557.1 | 557.3 | 612.8 | 731.4 | 913 | 723.9 | 785.4 | 907.5 | 1,051.1 | 0 |
| Other Non-Current Liabilities | 378.2 | 358.3 | 350.3 | 295.4 | 358.4 | 398.1 | 428.2 | 4,177.3 | 3,902.5 | 228.1 |
| Total Non-Current Liabilities | 4,850.8 | 4,150.3 | 6,239.8 | 6,950.1 | 8,249.4 | 5,989.5 | 6,236.6 | 11,867.1 | 11,962.4 | 1,510.5 |
| Total Liabilities | 6,229.7 | 6,157.8 | 7,720.1 | 8,608.9 | 9,700.2 | 7,232.2 | 7,311.1 | 12,963.3 | 13,066.7 | 1,646.4 |
| Stockholders' Equity | ||||||||||
| Common Stock | 3,984.8 | 3,937.7 | 3,830.1 | 3,785.3 | 2,752.6 | 1,737.6 | 1,748.1 | 0 | 0 | 0 |
| Retained Earnings | 1,672.8 | 2,203 | 1,491.5 | 1,170.4 | 483.9 | (88.7) | (203.7) | (238.4) | (156.3) | (5.7) |
| Accumulated Other Comprehensive Income | (16.9) | (184) | (69) | (100.3) | (43.2) | 21.7 | (85.9) | (66.5) | 26.4 | (30.4) |
| Total Stockholders' Equity | 5,565 | 5,956.7 | 5,252.6 | 4,855.4 | 4,197 | 2,674.3 | 2,462.2 | (3,051.7) | (2,620.2) | (374.9) |
| Total Liabilities & Equity | 11,794.7 | 12,114.5 | 12,972.7 | 13,464.3 | 13,897.2 | 9,906.5 | 9,773.3 | 9,911.6 | 10,446.5 | 1,135.8 |
| Debt Metrics | ||||||||||
| Total Debt | 3,946.3 | 4,055.8 | 5,536.6 | 6,287.5 | 7,023.2 | 4,893.9 | 5,116.5 | 6,924.7 | 7,117.8 | 1,296.1 |
| Net Debt | 3,580.9 | 3,793.9 | 5,273.7 | 5,914.6 | 6,721.5 | 4,607.3 | 4,929.8 | 6,740 | 6,932.4 | 1,233.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (530.2) | 711.5 | 321.1 | 686.5 | 572.6 | 116.6 | 37.8 | (86.9) | (145.3) | (80.7) |
| Depreciation & Amortization | 410.2 | 405.5 | 402.3 | 405.5 | 379.2 | 395.4 | 398.9 | 404.6 | 99.2 | 60.3 |
| Stock-Based Compensation | 46.4 | 46.8 | 40.5 | 45.8 | 50.7 | 44.1 | 67.9 | 18.4 | 48.2 | 98.7 |
| Change in Working Capital | (198.9) | 47.7 | 16.6 | (321.3) | (114.5) | 19.5 | (186.6) | (93.8) | 72.6 | (11.5) |
| Other Non-Cash Items | 888.6 | (323.8) | 261.9 | 96.2 | 83.3 | 441.7 | 142.7 | 97.9 | 81.4 | 36.8 |
| Operating Cash Flow | 623.8 | 840.8 | 870 | 843.6 | 953.6 | 929.8 | 354 | 200.5 | (167.5) | 72.9 |
| Investing Activities | ||||||||||
| Capital Expenditure | (128.8) | (148.8) | (146.4) | (133.4) | (111.1) | (61.6) | (51.6) | (37.7) | (25.2) | (29.9) |
| Acquisitions | 0 | 0 | 0 | (20.2) | (4,014.1) | 0 | 0 | 0 | (6,660.7) | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 42.5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (1.7) | 587.7 | 2.7 | 1.5 | 3.5 | 2.5 | 9.5 | 14.5 | 9.9 | 0 |
| Investing Cash Flow | (130.5) | 438.9 | (143.7) | (109.6) | (4,121.7) | (59.1) | (42.1) | (23.2) | (6,676) | (29.9) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (318.7) | (1,341.8) | (846) | (620.4) | 2,300.7 | (738.5) | (1,877.3) | (149.8) | 5,958.9 | 896.9 |
| Stock Repurchased | (80.7) | (8.6) | (13.7) | (13.2) | (25.8) | (20.2) | (2,630.9) | 0 | 0 | (702.2) |
| Dividends Paid | 0 | 0 | 0 | (32.4) | (64.6) | (64.6) | (31.3) | 0 | (1,701.9) | (158.7) |
| Other Financing Activities | (15.1) | 69.2 | 16 | 17.3 | 41.9 | 20.2 | (3.9) | (20.5) | (341) | (79.5) |
| Financing Cash Flow | (409.4) | (1,281.2) | (843.7) | (648.7) | 3,219.2 | (782.9) | (307.8) | (170.3) | 6,965 | (43.5) |
| Cash Position | ||||||||||
| Net Change in Cash | 103.6 | (23) | (109.2) | 69.8 | 37.9 | 99.9 | 1.6 | (0.8) | 122.5 | (1.2) |
| Cash at Beginning | 264.7 | 287.7 | 396.9 | 327.1 | 289.2 | 189.3 | 187.7 | 188.5 | 66 | 67.2 |
| Cash at End | 368.3 | 264.7 | 287.7 | 396.9 | 327.1 | 289.2 | 189.3 | 187.7 | 188.5 | 66 |
| Free Cash Flow | 495 | 692 | 723.6 | 710.2 | 842.5 | 868.2 | 302.4 | 162.8 | (192.7) | 43 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 6,552.2 | 6,783.6 | 6,967.2 | 7,512.4 | 7,386.1 | 6,393.6 | 6,040.3 | 5,864.3 | 1,247.4 | 691.3 | 636.9 |
| Gross Profit | 2,139.4 | 2,279.3 | 2,363.8 | 2,602.8 | 2,502.7 | 2,080.5 | 1,920.7 | 1,819.8 | 432.8 | 319.7 | 262.2 |
| Operating Income | (246.2) | 1,084.8 | 696.4 | 1,130.2 | 972.2 | 706.8 | 551.8 | 413.5 | (210.4) | 9.9 | 60.3 |
| Net Income | (530.2) | 711.5 | 321.1 | 686.5 | 572.6 | 116.6 | 37.8 | (86.9) | (112.7) | (42.4) | 21.6 |
| EPS (Diluted) | -0.78 | 1.04 | 0.47 | 1.01 | 0.85 | 0.09 | -0.84 | -0.72 | -0.84 | -0.09 | 0.04 |
| Balance Sheet | |||||||||||
| Cash & Equivalents | 365.4 | 261.9 | 262.9 | 372.9 | 301.7 | 286.6 | 186.7 | 184.7 | 185.4 | 62.9 | |
| Total Assets | 11,794.7 | 12,114.5 | 12,972.7 | 13,464.3 | 13,897.2 | 9,906.5 | 9,773.3 | 9,911.6 | 10,446.5 | 1,135.8 | |
| Total Debt | 3,946.3 | 4,055.8 | 5,536.6 | 6,287.5 | 7,023.2 | 4,893.9 | 5,116.5 | 6,924.7 | 7,117.8 | 1,296.1 | |
| Stockholders' Equity | 5,565 | 5,956.7 | 5,252.6 | 4,855.4 | 4,197 | 2,674.3 | 2,462.2 | (3,051.7) | (2,620.2) | (374.9) | |
| Cash Flow | |||||||||||
| Operating Cash Flow | 623.8 | 840.8 | 870 | 843.6 | 953.6 | 929.8 | 354 | 200.5 | (167.5) | 72.9 | |
| Capital Expenditure | (128.8) | (148.8) | (146.4) | (133.4) | (111.1) | (61.6) | (51.6) | (37.7) | (25.2) | (29.9) | |
| Free Cash Flow | 495 | 692 | 723.6 | 710.2 | 842.5 | 868.2 | 302.4 | 162.8 | (192.7) | 43 | |