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Avient Corporation — Third Quarter 2026 Earnings Summary

  • Q3 2026 sales grew 10.5% year-over-year to $891.2 million with 10.6% organic growth, while adjusted EPS rose 23% to $0.86, exceeding the prior guidance range of $0.80.
  • Full-year 2026 adjusted EPS guidance was raised to $3.22–$3.32 (up from $3.10–$3.25), and adjusted EBITDA guidance narrowed to $593–$603 million, reflecting 9–11% growth.
  • The company executed $50 million in debt repayments during the quarter, contributing to $100 million in year-to-date debt reduction, and announced its first share repurchase since 2022 ($10.9 million for 281,000 shares).
  • Adjusted EBITDA margins expanded 80 basis points to 17.3%, driven by pricing, mix improvements, and strong demand in packaging, healthcare, and building & construction.
  • Management expects a net debt to adjusted EBITDA leverage ratio of 2.2x–2.3x by year-end and plans a balanced approach to deploying excess cash toward further debt reduction and opportunistic share repurchases.
Company
AVIENT CORP
Sector
Basic Materials
Industry
Specialty Chemicals