Avantor, Inc. (FRA:AVG)

Avantor Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	6,575	6,784	6,967	7,512	7,386	6,394
Revenue Growth (YoY)	-3.59%	-2.63%	-7.26%	1.71%	15.52%	5.85%
Cost of Revenue	4,397	4,504	4,603	4,910	4,883	4,313
Gross Profit	2,178	2,279	2,364	2,603	2,503	2,081
Selling, General & Admin	1,506	1,554	1,466	1,452	1,426	1,342
Operating Expenses	1,506	1,554	1,466	1,452	1,426	1,342
Operating Income	672.8	725	897.9	1,150	1,077	738.7
Interest Expense	-228.4	-306.6	-362.7	-281.7	-231.2	-307.6
Interest & Investment Income	43.3	75.1	65.2	15.9	1.9	-
Currency Exchange Gain (Loss)	7.7	17.4	15.8	-7	-1.3	0.7
Other Non Operating Income (Expenses)	-7.5	-9.9	-11.5	-10.5	-10.7	-10.9
EBT Excluding Unusual Items	487.9	501	604.7	867.1	835.5	420.9
Merger & Restructuring Charges	-82.8	-82.8	-26.5	-3.5	-83.1	-11.8
Gain (Loss) on Sale of Assets	446.6	446.6	-	-	-	-
Asset Writedown	-	-	-160.8	-	-	-
Other Unusual Items	-4.6	-10.9	-6.9	-12.5	0.6	-346.8
Pretax Income	62.1	853.9	410.5	851.1	753	62.3
Income Tax Expense	144.3	142.4	89.4	164.6	180.4	-54.3
Earnings From Continuing Operations	-82.2	711.5	321.1	686.5	572.6	116.6
Net Income	-82.2	711.5	321.1	686.5	572.6	116.6
Preferred Dividends & Other Adjustments	-	-	-	24.2	64.6	64.6
Net Income to Common	-82.2	711.5	321.1	662.3	508	52
Net Income Growth	-	121.58%	-53.23%	19.89%	391.08%	208.47%
Shares Outstanding (Basic)	681	680	676	651	591	576
Shares Outstanding (Diluted)	681	682	678	679	600	583
Shares Change (YoY)	-0.03%	0.52%	-0.15%	13.31%	2.78%	45.41%
EPS (Basic)	-0.12	1.05	0.48	1.02	0.86	0.09
EPS (Diluted)	-0.13	1.04	0.47	1.01	0.85	0.09
EPS Growth	-	121.28%	-53.49%	18.88%	844.44%	-
Free Cash Flow	523.6	692	723.6	710.2	842.5	868.2
Free Cash Flow Per Share	0.77	1.01	1.07	1.04	1.41	1.49
Gross Margin	33.13%	33.60%	33.93%	34.65%	33.88%	32.54%
Operating Margin	10.23%	10.69%	12.89%	15.31%	14.58%	11.55%
Profit Margin	-1.25%	10.49%	4.61%	8.82%	6.88%	0.81%
Free Cash Flow Margin	7.96%	10.20%	10.39%	9.45%	11.41%	13.58%
EBITDA	1,081	1,131	1,300	1,556	1,456	1,134
EBITDA Margin	16.43%	16.66%	18.66%	20.71%	19.71%	17.74%
D&A For EBITDA	407.8	405.5	402.3	405.5	379.2	395.4
EBIT	672.8	725	897.9	1,150	1,077	738.7
EBIT Margin	10.23%	10.69%	12.89%	15.31%	14.58%	11.55%
Effective Tax Rate	232.37%	16.68%	21.78%	19.34%	23.96%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.