Avantor, Inc. (AVTR)

Avantor Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	6,867	6,967	7,512	7,386	6,394	6,040
Revenue Growth (YoY)	-6.48%	-7.26%	1.71%	15.52%	5.85%	3.00%
Cost of Revenue	4,557	4,603	4,910	4,883	4,313	4,120
Gross Profit	2,310	2,364	2,603	2,503	2,081	1,921
Selling, General & Admin	1,537	1,507	1,473	1,531	1,374	1,369
Other Operating Expenses	160.8	160.8	0	0	0	0
Operating Expenses	1,698	1,667	1,473	1,531	1,374	1,369
Operating Income	611.5	696.4	1,130	972.2	706.8	551.8
Interest Expense / Income	275.4	284.8	265.8	217.4	307.6	440
Other Expense / Income	0.8	1.1	13.3	1.8	336.9	71.2
Pretax Income	335.3	410.5	851.1	753	62.3	40.6
Income Tax	75.3	89.4	164.6	180.4	-54.3	2.8
Net Income	260	321.1	686.5	572.6	116.6	37.8
Preferred Dividends	0	0	24.2	64.6	64.6	372.9
Net Income Common	260	321.1	662.3	508	52	-335.1
Net Income Growth	-57.34%	-51.52%	30.37%	876.92%	-	-
Shares Outstanding (Basic)	678	676	651	591	576	401
Shares Outstanding (Diluted)	681	678	679	600	583	401
Shares Change	0.49%	-0.15%	13.31%	2.78%	45.41%	202.34%
EPS (Basic)	0.39	0.48	1.02	0.86	0.09	-0.84
EPS (Diluted)	0.38	0.47	1.01	0.85	0.09	-0.84
EPS Growth	-58.70%	-53.47%	18.82%	844.44%	-	-
Free Cash Flow	639	723.6	710.2	842.5	868.2	302.4
Free Cash Flow Per Share	0.94	1.07	1.09	1.43	1.51	0.75
Gross Margin	33.63%	33.93%	34.65%	33.88%	32.54%	31.80%
Operating Margin	8.91%	10.00%	15.04%	13.16%	11.05%	9.14%
Profit Margin	3.79%	4.61%	8.82%	6.88%	0.81%	-5.55%
Free Cash Flow Margin	9.31%	10.39%	9.45%	11.41%	13.58%	5.01%
Effective Tax Rate	22.46%	21.78%	19.34%	23.96%	-87.16%	6.90%
EBITDA	1,012	1,098	1,522	1,350	765.3	879.5
EBITDA Margin	14.73%	15.75%	20.27%	18.27%	11.97%	14.56%
Depreciation & Amortization	400.8	402.3	405.5	379.2	395.4	398.9
EBIT	610.7	695.3	1,117	970.4	369.9	480.6
EBIT Margin	8.89%	9.98%	14.87%	13.14%	5.79%	7.96%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).