For the quarter ending 2026-03-31, AVNT had -$82.9M decrease in cash & cash equivalents over the period. -$53.5M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | 55.8 | 17.2 | 32.8 | 33.6 |
| Depreciation and amortization | 47.9 | 47.1 | 46.9 | 91.9 |
| Cloud-based enterprise resource planning system impairment | 0 | 0 | 0 | 71.6 |
| Deferred income tax benefit | - | -45.4 | - | - |
| Share-based compensation expense | 2.1 | 2.2 | 2.3 | 4.6 |
| Increase in accounts receivable | 83.7 | -48.1 | -36.5 | 102.9 |
| Increase in inventories | 22.9 | -26 | 4.6 | 20.8 |
| Increase (decrease) in accounts payable | 20 | 15.9 | -44.9 | 1.4 |
| Decrease in pension, retirement benefits and deferred compensation | - | -11.3 | - | - |
| (decrease) increase in restructuring obligations | -4.7 | 20.8 | 4.1 | - |
| Taxes paid on gain on sale of business | - | 0 | - | - |
| (decrease) increase in environmental obligations | - | 3.3 | 1.5 | - |
| Decrease (increase) in environmental insurance receivable | - | -34 | - | - |
| (decrease) increase in incentive accruals | - | - | -7.6 | 40.6 |
| Decrease in incentive accruals | 24.8 | 24 | - | - |
| Environmental insurance recovery | -34 | - | 0 | 34 |
| Accrued expenses and other assets and liabilities, net | -24.2 | 41.5 | -7.1 | -11.1 |
| Net cash used in operating activities | -34.5 | 167.8 | 72.1 | 61.7 |
| Capital expenditures | 19 | 42.4 | 24.7 | 39.5 |
| Net proceeds from divestiture | - | 0 | - | - |
| Proceeds from plant closures | - | 12.9 | 0 | 0 |
| Other investing activities | - | 3.3 | 0 | 0 |
| Net cash used in investing activities | -19 | -32.8 | -24.7 | -39.5 |
| Proceeds from long-term borrowings | - | 0 | 0 | - |
| Payments on long-term borrowings | - | 50.1 | 50 | 50.2 |
| Cash dividends paid | 25.2 | 24.7 | 24.7 | 49.4 |
| Payments on withholding tax on share awards | - | 4.1 | - | - |
| Debt financing costs | - | 0 | 3.9 | - |
| Other financing activities | 0.9 | - | 3.3 | -6.8 |
| Net cash used in financing activities | -27.8 | -75.4 | -75.3 | -106.4 |
| Effect of exchange rate changes on cash | - | 5.3 | -1 | 14.2 |
| Effect of exchange rate changes on cash and cash equivalents | -1.6 | - | - | - |
| Decrease in cash and cash equivalents | -82.9 | 64.9 | -28.9 | -70 |
| Cash and cash equivalents at beginning of period | - | 445.6 | 544.5 | - |
| Cash and cash equivalents at beginning of year | 510.5 | - | - | - |
| Cash and cash equivalents at end of period | 427.6 | 510.5 | 445.6 | - |
AVIENT CORP (AVNT)
AVIENT CORP (AVNT)