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Avantor AVTR Operating margin

Operating margin at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
17.2%+0.8pp
Danaher logo
DanaherDHR
19.2%-1.0pp
Agilent Technologies logo
Agilent TechnologiesA
21.5%+0.1pp
West Pharmaceutical Services logo
West Pharmaceutical ServicesWST
20.3%+1.2pp
Element Solutions logo
Element SolutionsESI
13.4%-0.4pp
Westlake logo
WestlakeWLK
-15.7%-20.8pp

Other financials

Income statement

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Revenue$1.6B0.0%
Gross profit$500.7M-6.4%
Operating income$99.5M-32.5%
Net income$43.3M-32.9%
EPS (diluted)$0.06-33.3%

Balance sheet

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Cash & equivalents$282.2M-11.4%
Total debt$3.8B-7.1%
Total equity$5.6B-8.4%
Total assets$11.7B-5.4%

Cash flow

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Operating cash flow$58.7M-46.3%
CapEx$33.5M+19.6%
Free cash flow$25.2M-69.0%

Valuation

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Market cap$6.54B-52.0%
Enterprise value$10.07B-40.4%
P/S-1.0×

Profitability

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Gross margin32.1%-1.4pp
Net margin-9.2%-19.9pp
FCF margin6.7%-3.3pp

Returns & leverage

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Return on equity-10.3%-22.8pp
Debt / equity0.7×0.0×
Current ratio1.8×+0.6×

Where this comes from

Calculated from Avantor’s reported figures.

Based on trailing twelve months.

The official record: Avantor’s 10-Q, filed October 29, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Avantor's operating margin?
Avantor (AVTR) reported operating margin of 4% in Q3 2025.
How has Avantor's operating margin changed year-over-year?
Avantor's operating margin decreased by 56.3% year-over-year, from 9.2% to 4%.
What is the long-term trend for Avantor's operating margin?
Over 4 years (2020 to 2024), Avantor's operating margin has grown at a 9.7% compound annual growth rate (CAGR), from 11.1% to 16%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.