Avantor, Inc. Financial Ratios — AVTR Stock

Profitability (USD)

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	3.26	20.8	16.17	6.25	12.41	-8.99
Return on Assets (%)	- -	-2.16	-0.85	0.38	1.18	4.81	5.02	2.43	5.67	-4.44
Return on Capital (%)	- -	- -	- -	7.71	- -	7.85	8.01	4.92	8.49	- -
Return on Invested Capital (%)	- -	- -	- -	9	- -	7.89	8.17	6.13	5.13	- -
Gross Margin (%)	46.25	34.7	31.03	31.8	32.54	33.88	34.65	33.93	33.6	32.65
EBITDA Margin (%)	10.15	-8.91	13.95	15.74	17.24	18.3	20.44	18.08	15.39	14.56
Operating Margin (%)	1.43	-16.87	7.05	9.14	11.05	13.16	15.04	12.3	9.41	8.3
Incremental Operating Margin (%)	- -	- -	13.51	78.58	43.87	26.74	125.1	50.07	119.28	40.75
Pretax Margin (%)	-10.21	-36.89	-1.94	0.67	0.97	10.19	11.33	5.89	12.59	-6.74
Profit Margin (%)	-6.13	-9.03	-1.48	0.63	1.82	7.75	9.14	4.61	10.49	-8.09
Net Income to Common Margin (%)	-6.13	-9.03	-6.08	-1.9	0.81	6.88	8.82	4.61	10.49	-8.09
Effective Tax Rate (%)	- -	- -	- -	6.9	- -	23.96	19.34	21.78	16.68	- -
Dvd Payout Ratio (%)	-133.36	-956.66	75.62	105.67	- -	- -	1.24	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	3.26	20.8	15.97	6.25	12.41	-8.99

Credit (USD)

API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	7,118	6,925	5,116	4,894	7,023	6,288	5,537	4,056	3,946
ST Debt	- -	109	142	94	26	45	364	260	821	31
LT Debt	- -	7,009	6,782	5,023	4,868	6,978	5,923	5,277	3,235	3,916
Total Debt/EBITDA	- -	-64.01	8.46	5.38	4.44	5.2	4.09	4.4	3.89	4.14
Net Debt/EBITDA	- -	-62.34	8.24	5.19	4.18	4.97	3.85	4.19	3.64	3.75
Total Debt/EBIT	- -	-33.83	16.75	9.27	6.92	7.22	5.56	6.46	6.36	7.26
Net Debt/EBIT	- -	-32.95	16.3	8.93	6.52	6.91	5.23	6.15	5.94	6.58
EBITDA to Interest Expense	0.87	-0.55	1.56	2.16	3.58	6.22	5.78	4.42	4.77	5.62
EBITDA-CapEx/Interest Expense	0.87	-0.55	1.56	2.16	3.58	6.22	5.78	4.42	4.77	5.62
EBIT to Interest Expense	0.12	-1.05	0.79	1.25	2.3	4.47	4.25	3.01	2.92	3.2
Interest Expense	80	201	524	440	308	217	266	285	219	170
Common Equity/Total Assets	- -	-25.33	-30.12	15.8	16.64	23.29	36.81	41.02	50.69	47.97
Long-Term Debt/Equity (%)	- -	- -	- -	204	182.01	166.26	121.99	100.46	54.3	70.36
Long-Term Debt/Capital (%)	- -	156.75	172.16	65.54	64.5	61.95	52.68	48.6	31.72	40.77
Long-Term Debt/Total Assets (%)	- -	67.09	68.43	51.4	49.13	50.21	43.99	40.68	26.7	33.2
Total Debt/Equity (%)	- -	-271.65	-226.91	207.8	183	167.34	129.49	105.41	68.09	70.91
Total Debt/Capital (%)	- -	159.19	175.78	66.75	64.85	62.35	55.92	50.99	39.78	41.09
Total Debt/Total Assets (%)	- -	68.14	69.86	52.35	49.4	50.54	46.7	42.68	33.48	33.46
Net Debt to Equity	- -	-264.58	-220.86	200.22	172.28	160.15	121.81	100.4	63.69	64.35
Net Debt/Capital (%)	- -	161.75	179.5	65.92	63.46	61.32	54.41	49.77	38.19	38.76
EBITDA	70	-111	818	951	1,102	1,351	1,536	1,260	1,044	954
EBITDA-CapEx	70	-111	818	951	1,102	1,351	1,536	1,260	1,044	954
Operating Income (Loss)	10	-210	414	552	707	972	1,130	857	638	544

Liquidity (USD)

API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	0.17	0.17	0.17	0.23	0.21	0.22	0.18	0.13	0.26
Current Ratio	- -	1.66	1.73	1.88	1.8	1.71	1.6	1.61	1.07	1.78
Quick Ratio	- -	0.96	1.02	1.09	1.13	1.05	0.96	0.95	0.65	1.04
CFO/Avg Current Liab	- -	-0.3	0.18	0.33	0.8	0.71	0.54	0.55	0.48	0.37
Common Equity/Total Assets	- -	-25.33	-30.12	15.8	16.64	23.29	36.81	41.02	50.69	47.97
Long-Term Debt/Equity (%)	- -	- -	- -	204	182.01	166.26	121.99	100.46	54.3	70.36
Long-Term Debt/Capital (%)	- -	156.75	172.16	65.54	64.5	61.95	52.68	48.6	31.72	40.77
Long-Term Debt/Total Assets (%)	- -	67.09	68.43	51.4	49.13	50.21	43.99	40.68	26.7	33.2
Total Debt/Equity (%)	- -	-271.65	-226.91	207.8	183	167.34	129.49	105.41	68.09	70.91
Total Debt/Capital (%)	- -	159.19	175.78	66.75	64.85	62.35	55.92	50.99	39.78	41.09
Total Debt/Total Assets (%)	- -	68.14	69.86	52.35	49.4	50.54	46.7	42.68	33.48	33.46
CFO/Total Liabilities	- -	-1.28	1.55	4.84	12.86	9.83	9.8	11.27	13.65	10.01
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	0.46	3.07	3.73	4.61	5.2	4.78	4.92	5.17	4.06

Working Capital (USD)

API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	2.85	6.49	6.29	6.08	6.33	6.16	5.88	6.21	6.21
Days Sales Outstanding	- -	128.02	56.21	58.01	60	57.7	59.29	62.04	58.78	58.75
Inventory Turnover	- -	2.34	5.92	5.96	5.95	6.06	5.5	5.29	5.78	5.7
Days Inventory Outstanding	- -	155.73	61.65	61.24	61.39	60.23	66.37	69.05	63.19	64.09
Accounts Payable Turnover	- -	5.57	7.31	7.44	7.01	7	6.54	6.53	6.84	6.41
Accounts Payable Turnover Days	- -	65.52	49.9	49.03	52.09	52.18	55.78	55.91	53.36	56.97
Cash Conversion Cycle	- -	218.22	67.95	70.21	69.3	65.76	69.88	75.18	68.61	65.87
Inventory to Cash Days	- -	-27.71	-5.44	-3.23	-1.38	-2.52	-7.08	-7	-4.41	-5.35
Inventories	- -	695	671	711	740	872	914	828	732	818
Raw Materials	- -	87	105	125	123	156	181	167	149	152
Work In Process	- -	30	34	36	38	50	59	66	65	65
Finished Goods	- -	578	532	550	579	666	673	594	517	602
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	7,282	16,223	24,884	13,727	15,424	14,319	7,800
- Cash & Cash Equivalents	- -	185	185	187	287	302	373	263	262	365
+ Preferred Equity and Hybrid Capital	- -	- -	- -	1,004	1,004	1,004	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	7,118	6,925	5,116	4,894	7,023	6,288	5,537	4,056	3,946
Enterprise Value	- -	6,932	6,740	13,215	21,834	32,609	19,642	20,698	18,113	11,381
Total Capital	- -	4,471	3,940	7,665	7,546	11,263	11,243	10,858	10,196	9,604
Total Debt/Capital (%)	- -	159.19	175.78	66.75	64.85	62.35	55.92	50.99	39.78	41.09
Total Debt / EV	- -	1.03	1.03	0.39	0.22	0.22	0.32	0.27	0.22	0.35
EV/Sales	- -	5.56	1.15	2.19	3.41	4.41	2.61	2.97	2.67	1.74
EV/EBITDA	- -	- -	8.24	13.9	19.81	24.13	12.79	16.43	17.35	11.93
EV/EBIT	- -	- -	16.3	23.95	30.89	33.54	17.38	24.15	28.38	20.92
EV/Cash Flow to Firm	- -	- -	11.22	17.31	14.5	29.14	18.57	18.94	17.7	13.75
EV/Free Cash Flow to Firm	- -	- -	11.22	17.31	14.5	29.14	18.57	18.94	17.7	13.75
Diluted Market Cap	- -	- -	- -	7,282	16,423	25,267	14,329	15,488	14,368	7,800
Diluted Enterprise Value	- -	6,932	6,740	13,215	22,034	32,992	20,243	20,762	18,162	11,381
EV per Share	- -	13.96	13.58	32.94	37.89	55.22	30.18	30.64	26.65	16.72
TTM Sales	691	1,247	5,864	6,040	6,394	7,386	7,512	6,967	6,784	6,552
TTM EBITDA	70	-111	818	951	1,102	1,351	1,536	1,260	1,044	954
TTM Operating Income	10	-210	414	552	707	972	1,130	857	638	544
TTM Cash Flow to Firm	165	-104	600	764	1,506	1,119	1,058	1,093	1,023	828
TTM Free Cash Flow to Firm	165	-104	600	764	1,506	1,119	1,058	1,093	1,023	828

Multiples (USD)

API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	20.57	17.66	26.5	16.98	17.8	17.09	12.5
EV/EBIT	- -	- -	16.3	23.95	30.89	33.54	17.38	24.15	28.38	20.92
Enterprise Value	- -	6,932	6,740	13,215	21,834	32,609	19,642	20,698	18,113	11,381
Low Price	- -	- -	- -	13.33	6.66	26.14	17.91	16.63	19.59	10.62
EV/Sales	- -	5.56	1.15	2.19	3.41	4.41	2.61	2.97	2.67	1.74
EV/EBITDA	- -	- -	8.24	13.9	19.81	24.13	12.79	16.43	17.35	11.93
Price/Earnings	- -	- -	- -	- -	311.98	48.98	20.73	48.03	20.13	- -
Price/Earnings Average	- -	- -	- -	-58.37	219.02	40.69	28.06	44.58	22.66	-18.47
Price/Earnings High	- -	- -	- -	-68.5	321.18	51.58	41.26	53.13	26.74	-29.94
Price/Earnings Low	- -	- -	- -	-46.63	73.76	30.39	17.6	34.99	18.71	-13.63
Price/Book Value	- -	- -	- -	4.71	9.84	7.69	2.77	2.9	2.33	1.38
Price/Book Value Average	- -	- -	- -	4.34	6.91	6.39	3.75	2.69	2.63	1.73
Price/Book Value High	- -	- -	- -	5.09	10.13	8.1	5.51	3.21	3.1	2.81
Price/Book Value Low	- -	- -	- -	3.46	2.33	4.77	2.35	2.11	2.17	1.28
Price/Tangible Book Value	- -	- -	- -	-1.32	-3.1	-3.41	-2.78	-3.64	-4.87	-2.98
Price/Tangible Book Value Average	- -	- -	- -	-1.21	-2.17	-2.84	-3.77	-3.38	-5.48	-3.74
Price/Tangible Book Value High	- -	- -	- -	-1.42	-3.19	-3.59	-5.54	-4.02	-6.47	-6.07
Price/Tangible Book Value Low	- -	- -	- -	-0.97	-0.73	-2.12	-2.36	-2.65	-4.52	-2.76
Price/Sales	- -	- -	- -	1.21	2.54	3.37	1.83	2.21	2.11	1.19
Price/Sales Average	- -	- -	- -	1.11	1.78	2.8	2.47	2.05	2.38	1.49
Price/Sales High	- -	- -	- -	1.3	2.61	3.55	3.64	2.45	2.81	2.42
Price/Sales Low	- -	- -	- -	0.89	0.6	2.09	1.55	1.61	1.96	1.1
Price/Cash Flow	- -	- -	- -	20.57	17.45	26.09	16.27	17.73	17.03	12.5
Price/Cash Flow Average	- -	- -	- -	18.91	12.25	21.68	22.03	16.45	19.18	15.7
Price/Cash Flow High	- -	- -	- -	22.2	17.96	27.48	32.39	19.61	22.63	25.44
Price/Cash Flow Low	- -	- -	- -	15.11	4.12	16.19	13.82	12.91	15.83	11.59
Price/Free Cash Flow Average	- -	- -	- -	18.91	12.4	22.01	22.99	16.52	19.24	15.7
Price/Free Cash Flow High	- -	- -	- -	22.2	18.18	27.9	33.81	19.69	22.71	25.44
Price/Free Cash Flow Low	- -	- -	- -	15.11	4.18	16.44	14.42	12.97	15.89	11.59
EV/Sales Average	- -	5.56	1.15	2.09	2.66	3.84	3.26	2.81	2.94	2.04
EV/Sales High	- -	5.56	1.15	2.28	3.49	4.59	4.43	3.21	3.36	2.97
EV/Sales Low	- -	5.56	1.15	1.87	1.48	3.14	2.34	2.37	2.52	1.65
EV/EBITDA Average	- -	-62.34	8.24	13.28	15.42	21.01	15.95	15.55	19.08	14.02
EV/EBITDA High	- -	-62.34	8.24	14.51	20.24	25.1	21.65	17.73	21.87	20.39
EV/EBITDA Low	- -	-62.34	8.24	11.87	8.57	17.14	11.44	13.11	16.39	11.33
EV/EBIT Average	- -	-32.95	16.3	22.89	24.05	29.21	21.67	22.85	31.21	24.59
EV/EBIT High	- -	-32.95	16.3	24.99	31.57	34.9	29.41	26.05	35.76	35.76
EV/EBIT Low	- -	-32.95	16.3	20.44	13.36	23.82	15.55	19.26	26.81	19.87
Last Price	- -	- -	- -	18.15	28.15	42.14	21.09	22.83	21.07	11.46
High Price	- -	- -	- -	19.58	28.98	44.37	41.98	25.25	28	23.32
Enterprise Value Average	- -	6,932	6,740	12,629	17,000	28,397	24,497	19,589	19,917	13,374
Enterprise Value High	- -	6,932	6,740	13,791	22,312	33,926	33,243	22,333	22,823	19,452
Enterprise Value Low	- -	6,932	6,740	11,281	9,446	23,161	17,572	16,509	17,107	10,809

Shares Outstanding	- -	426	426	573	580	610	674	677	681	682
Diluted Weighted Avg Shares	491	496	496	401	583	600	679	678	682	681
Basic Weighted Avg Shares	491	496	496	401	576	590	651	676	680	681
Revenue per Share	1.41	2.51	11.81	15.06	11.09	12.51	11.54	10.31	9.98	9.63
EBITDA per Share	0.14	-0.22	1.65	2.37	1.91	2.29	2.36	1.86	1.54	1.4
Operating Income per Share	0.02	-0.42	0.83	1.38	1.23	1.65	1.74	1.27	0.94	0.8
Basic EPS, GAAP	-0.09	-0.23	-0.72	-0.29	0.09	0.86	1.02	0.48	1.05	-0.78
Basic EPS from Cont Ops	-0.16	-0.29	-0.18	0.09	0.2	0.97	1.05	0.48	1.05	-0.78
Diluted EPS, GAAP	-0.09	-0.23	-0.72	-0.29	0.09	0.85	0.97	0.47	1.04	-0.78
Diluted EPS from Cont Ops	-0.16	-0.29	-0.18	0.09	0.2	0.95	1.01	0.47	1.04	-0.78
Dividend per Share	0.32	3.43	- -	0.08	0.11	0.11	0.05	- -	- -	- -
Cash Flow per Share	0.15	-0.34	0.4	0.88	1.61	1.61	1.3	1.29	1.24	0.92
Free Cash Flow per Basic Share	0.15	-0.34	0.4	0.88	1.61	1.61	1.3	1.29	1.24	0.92
Cash & Equivalents per Share	- -	0.37	0.37	0.47	0.5	0.51	0.57	0.39	0.39	0.54
Book Value per Share	- -	-5.33	-6.01	3.85	2.86	5.48	7.61	7.88	9.04	8.31
Tangible Book Value per Share	- -	-21.06	-20.95	-13.79	-9.09	-12.34	-7.57	-6.28	-4.33	-3.84

Avantor, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)