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CapEx at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
-$1.2B-509%
Danaher logo
DanaherDHR
$269M+8.5%
Agilent Technologies logo
Agilent TechnologiesA
$76M-33.3%
West Pharmaceutical Services logo
West Pharmaceutical ServicesWST
$43.2M-42.6%
Future Fuel logo
Future FuelFF
$5.39M+34.6%
Ascent Industries Co. logo
Ascent Industries Co.ACNT
$422K+32.7%

Other financials

Income statement

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Revenue$1.7B+0.5%
Gross profit$537.0M-3.1%
Operating income$121.8M-5.4%
Net income$38.1M-41.1%
EPS (diluted)$0.06-33.3%

Balance sheet

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Cash & equivalents$309.7M-31.5%
Total debt$3.7B-12.8%
Total equity$5.6B-10.4%
Total assets$11.6B-9.2%

Cash flow

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Operating cash flow$178.2M+15.4%
Free cash flow$140.6M+12.7%

Valuation

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Market cap$9.04B+18.6%
Enterprise value$12.42B+8.9%
P/S1.4×+0.2×

Profitability

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Gross margin31.8%-1.4pp
Operating margin4%-5.2pp
Net margin-9.6%-19.9pp
FCF margin6.9%-1.4pp

Returns & leverage

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Return on equity-10.6%-22.3pp
Debt / equity0.7×0.0×
Current ratio1.8×+0.8×

Where this comes from

Reported directly by Avantor in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Avantor’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 9:01 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050415
(in millions)Six months ended June 30, 2026Six months ended June 30, 2025
Other1.32.3
Net cash provided by operating activities236.9263.7
Cash flows from investing activities:
Capital expenditures(71.1)(57.6)
Other1.10.1
Net cash used in investing activities(70.0)(57.5)
Cash flows from financing activities:
Debt repayments(217.5)(38.1)

Item 1. Financial statements

FAQ

What is Avantor's capex?
Avantor (AVTR) reported capex of $37.6M in Q2 2026.
How has Avantor's capex changed year-over-year?
Avantor's capex increased by 27.0% year-over-year, from $29.6M to $37.6M.
What is the long-term trend for Avantor's capex?
Over 4 years (2021 to 2025), Avantor's capex has grown at a 3.8% compound annual growth rate (CAGR), from $111.1M to $128.8M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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