Every material Form 8-K Avient has filed with the SEC since August 06, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Avient reported third-quarter 2026 sales up 10.5% to $891 million and adjusted EPS of $0.86, above its $0.80 guidance and up from $0.70 a year earlier. The company raised its full-year 2026 adjusted EPS guidance to $3.22 to $3.32 from $3.10 to $3.25 and has repaid $100 million of debt year to date. For shareholders, the higher outlook is the main change, while GAAP EPS was $0.46 after special items of $0.23 per share.
Third-quarter sales rose 10.5% to $891 million, with organic sales growth of 10.6%.
Adjusted EPS was $0.86 versus $0.70 a year earlier and above $0.80 guidance; GAAP EPS was $0.46 versus $0.36.
Full-year 2026 adjusted EPS guidance was raised to $3.22 to $3.32 from $3.10 to $3.25, and adjusted EBITDA guidance was narrowed to $593 million to $603 million.
After quarter end, the company repurchased 281,000 shares for about $10.9 million, its first buyback since 2022.
Avient Corporation's board elected Mike Frank, former CEO of UPL Corporation, as President and Chief Executive Officer effective October 7, 2026, succeeding Dr. Ashish K. Khandpur. The company also reaffirmed its third quarter and full year 2026 guidance from August 6, 2026, and said its third quarter closing procedures are ongoing.
Mike Frank elected President and CEO and a board member effective October 7, 2026; Khandpur stepped down and will serve in an advisory role through December 31, 2026
Richard H. Fearon, Lead Independent Director, elected Non-Executive Chairman of the Board
Third quarter and full year 2026 guidance reaffirmed; third quarter 2026 earnings scheduled for November 4, 2026
Frank's sign-on package includes a $1,600,000 cash payment and RSUs valued at about $5,000,000; his base salary is $1,222,000 per year
Avient reported second-quarter 2026 sales of $917 million, up 5.8% from a year earlier, and adjusted EPS of $0.96, up 20% and above its $0.89 guidance. The company raised its full-year 2026 adjusted EPS guidance to $3.10 to $3.25 from $2.93 to $3.17, which it says represents 10% to 15% growth. Higher guidance and stronger earnings are positive for shareholders, though the release does not discuss risks beyond its standard forward-looking statements.
Q2 2026 sales rose 5.8% to $917 million, including 4.3% organic growth and 1.5% favorable foreign exchange
Q2 GAAP EPS was $0.70 versus $0.57 a year earlier; adjusted EPS was $0.96 versus $0.80
Full-year 2026 adjusted EBITDA guidance is $575 million to $603 million, and adjusted EPS guidance is $3.10 to $3.25
Avient repaid $50 million of debt in Q2 and expects to repay $100 million to $150 million in total during 2026
Avient reported first quarter 2026 sales up 3% to $847 million and GAAP EPS of $0.61, compared with a loss of $0.22 a year earlier. Adjusted EPS of $0.83 beat the $0.81 guidance and rose 9%, and the company kept its full-year adjusted EPS guidance of $2.93 to $3.17. Management expects second-quarter adjusted EPS of $0.89 but says the outlook for the second half of the year is less certain.
Sales rose 3% to $847 million, including a 5% favorable foreign exchange impact
Adjusted EPS of $0.83 compared with $0.76 a year earlier and guidance of $0.81
GAAP EPS of $0.61 compared with a loss of $0.22 in the prior year quarter
Full-year 2026 adjusted EPS guidance of $2.93 to $3.17 and adjusted EBITDA guidance of $555 to $585 million were unchanged
Avient CFO Jamie Beggs notified the company on April 22, 2026, that she will resign as Senior Vice President and Chief Financial Officer effective June 1, 2026, to pursue other professional opportunities, and the filing says the resignation was not due to any disagreement with the company. On April 24, 2026, the board appointed Giuseppe (Joe) Di Salvo, age 48, as CFO effective the same date, and he will also serve as principal accounting officer. The filing discloses his base salary of $560,000 and a one-time RSU grant valued at $220,000, which matters to shareholders as a change in the person leading finance.
Jamie A. Beggs notified the company on April 22, 2026, of her intent to resign as SVP and CFO and as an employee, effective June 1, 2026.
Giuseppe (Joe) Di Salvo, age 48, appointed SVP and CFO effective June 1, 2026, by board action on April 24, 2026.
Di Salvo's base salary is $560,000 per year, with a one-time RSU grant valued at $220,000 that vests in full after three years.
Avient reported fourth-quarter 2025 sales of $760.6 million, up 2%, and adjusted EPS of $0.56, up 14%, but GAAP diluted EPS fell to $0.18 from $0.52 as special items and higher costs weighed on results. The company also initiated 2026 adjusted EPS guidance of $2.93 to $3.17, which the filing describes as 4% to 12% growth over 2025.
Q4 2025 sales were $760.6 million versus $746.5 million a year earlier; Q4 operating income fell to $39.6 million from $85.6 million.
Full-year 2025 adjusted EPS was $2.82 versus $2.66, while full-year GAAP diluted EPS fell to $0.89 from $1.84.
Full-year 2025 special items reduced GAAP EPS by $1.27, including an $86.3 million impairment of a cloud-based enterprise resource planning system.
For 2026, the company expects adjusted EBITDA of $555 million to $585 million and free cash flow above $200 million.
Avient reported third quarter 2025 sales of $806.5 million, down from $815.2 million a year earlier, and GAAP EPS of $0.36 versus $0.41. Adjusted EPS rose to $0.70 from $0.65, and the company kept its full-year adjusted EPS guidance of $2.77 to $2.87, while narrowing its full-year adjusted EBITDA guidance to $540 million to $550 million. Shareholders get a mixed picture: profit on an adjusted basis improved and debt is being reduced, but sales fell and the EBITDA range was lowered.
Q3 sales of $806.5 million vs. $815.2 million in Q3 2024, a decline of about 1%
Q3 GAAP EPS of $0.36 vs. $0.41; adjusted EPS of $0.70 vs. $0.65, including a $0.02 favorable foreign exchange impact
Full-year 2025 adjusted EPS guidance maintained at $2.77 to $2.87; adjusted EBITDA guidance updated to $540 million to $550 million
Debt repayment of $50 million in Q3 brought the year-to-date total to $100 million, with $150 million expected for full-year 2025
Avient reported second quarter 2025 sales of $866.5 million, up from $849.7 million a year earlier, and adjusted EPS of $0.80 versus $0.76, slightly above its prior guidance of $0.79. The company narrowed its full-year 2025 adjusted EPS guidance to $2.77 to $2.87 from $2.70 to $2.94, and reduced debt by $50 million in the quarter.
Q2 sales were $866.5 million, up from $849.7 million; GAAP EPS was $0.57 versus $0.36 a year earlier.
Q2 adjusted EPS was $0.80, above the prior guidance of $0.79 and up from $0.76.
Full-year 2025 adjusted EPS guidance narrowed to $2.77 to $2.87 from $2.70 to $2.94.
Third-quarter adjusted EPS is expected to be $0.70; the company repaid $50 million of debt in Q2.
Avient Corporation entered into a five-year senior secured revolving credit agreement with JPMorgan Chase Bank, N.A. as administrative agent, dated June 12, 2025. The facility replaces the company's existing credit agreement with Wells Fargo Capital Finance, LLC and provides up to $500 million of borrowing capacity, expandable by up to $250 million. For shareholders, the filing describes a refinancing of existing borrowing capacity rather than a stated change in operating results.
Revolving credit facility of up to $500 million, with an accordion feature to increase it by up to $250 million
Loans mature five years from the June 12, 2025 closing date and can be prepaid without premium or penalty
Interest rate margin tied to the company's Consolidated Leverage Ratio: 0.250% to 1.000% over the Alternate Base Rate, or 1.250% to 2.000% over the Relevant Rate
Replaces the Third Amended and Restated Credit Agreement dated June 28, 2019, with Wells Fargo Capital Finance, LLC as administrative agent
Avient Corporation said Christopher L. Pederson, Senior Vice President and President of Specialty Engineered Materials, has given notice that he will retire effective June 30, 2025. The company says a search for a successor is in progress, and the filing does not name a replacement or describe any financial effect.
Christopher L. Pederson, Senior Vice President and President of Specialty Engineered Materials, is retiring
Retirement is effective June 30, 2025
A search for a successor is in progress; no replacement is named in the filing
Filing dated June 3, 2025, signed by General Counsel and Secretary Amy M. Sanders
Avient reported first quarter 2025 sales of $826.6 million, down slightly from $829.0 million a year earlier, and a GAAP loss of $0.22 per share versus GAAP earnings of $0.54 per share in the prior-year quarter. The loss reflects special items of $0.82 per share, mainly an $86.3 million impairment tied to ceasing development of an S/4HANA cloud-based ERP system, while adjusted EPS was $0.76, flat year over year. Full-year adjusted EPS guidance of $2.70 to $2.94 was kept unchanged.
Q1 2025 sales were $826.6 million versus $829.0 million a year earlier; the company cited 2% organic growth excluding foreign exchange.
GAAP EPS was ($0.22) versus $0.54, including $0.82 per share of special items, mainly an $86.3 million ERP system impairment.
Adjusted EPS was $0.76, flat year over year; the company expects second quarter adjusted EPS of $0.79.
Full-year 2025 adjusted EBITDA guidance of $540 to $570 million and adjusted EPS guidance of $2.70 to $2.94 were unchanged; the company intends to repay $100 to $200 million of debt by year-end.
On March 12, 2025, Avient amended its secured Term Loan Agreement to create $721 million of new Term B-9 Loans, which were used to refinance all outstanding term loans. The amendment also reduced the interest rate on all term loans by 25 basis points.
New Term B-9 Loans total an initial principal amount of $721 million, used to refinance all outstanding term loans
Interest on Term B-9 Loans is Adjusted Term SOFR plus 1.75%, or Base Rate plus 0.75%, at the company's election
Amendment reduced the interest rate on all term loans by 25 basis points
Amendment Agreement No. 10 was signed with Citibank, N.A. as administrative agent and Truist Bank as an additional term lender
Avient reported fourth quarter 2024 sales of $747 million, up 4%, and GAAP diluted EPS from continuing operations of $0.52, versus $0.30 a year earlier. Full-year 2024 adjusted EPS rose 13% to $2.66, while Q4 adjusted EPS slipped to $0.49 from $0.52. The company also projected 2025 full-year adjusted EPS of $2.70 to $2.94, which shareholders can compare with the 2024 result.
Q4 2024 sales rose 4% to $746.5 million; full-year sales rose 3% to $3,240.4 million
Q4 2024 GAAP diluted EPS was $0.52 (vs. $0.30); Q4 adjusted EPS was $0.49 (vs. $0.52), above the $0.46 to $0.50 guidance range midpoint
2025 full-year adjusted EPS expected at $2.70 to $2.94; Q1 2025 adjusted EPS projected at $0.76, in line with the prior-year quarter
Avient reported third quarter 2024 sales of $815.2 million, up from $753.7 million a year earlier, and GAAP diluted EPS from continuing operations of $0.41, up from $0.06. Adjusted EPS of $0.65 exceeded the company's $0.62 guidance and rose 14% from the prior year. The company narrowed its full-year 2024 adjusted EPS guidance to $2.63 to $2.67 from $2.55 to $2.70, and raised its dividend 5% to $1.08 annualized.
Third quarter sales rose 8% to $815.2 million from $753.7 million; GAAP diluted EPS was $0.41 versus $0.06
Adjusted EPS of $0.65 beat the $0.62 guidance and was up 14% from $0.57 in the prior year quarter
2024 adjusted EPS guidance narrowed to $2.63 to $2.67 from $2.55 to $2.70; adjusted EBITDA guidance is $525 million to $530 million from $515 million to $540 million
Quarterly dividend increased 5% to $1.08 annualized, the fourteenth consecutive annual increase; investor day set for December 4 in New York
Avient Corporation entered into an indenture on September 19, 2024 for $650 million of 6.250% senior unsecured notes due November 1, 2031, sold in a private transaction. The filing describes customary covenants, change-of-control repurchase at 101% of principal, and redemption terms, which add a new long-term debt obligation for the company.
Principal amount: $650 million of 6.250% Senior Notes due 2031
Interest paid semi-annually on May 1 and November 1, starting May 1, 2025; maturity November 1, 2031
Redemption permitted from September 15, 2027; change-of-control offer at 101% of principal
Indenture with U.S. Bank Trust Company, National Association, as trustee; filed as Exhibit 4.1
Avient reported second quarter 2024 sales of $849.7 million, up from $824.4 million a year earlier, and adjusted EPS of $0.76 versus $0.63, above its $0.71 guidance. The company raised its full-year 2024 adjusted EPS guidance to $2.55 to $2.70 from $2.50 to $2.65, and its adjusted EBITDA guidance to $515 million to $540 million from $510 million to $535 million.
Q2 sales were $849.7 million, up from $824.4 million, with organic sales up 5% excluding foreign exchange.
Q2 adjusted EPS was $0.76 versus $0.63 a year earlier and above the $0.71 guidance; GAAP EPS from continuing operations was $0.36 versus $0.24.
Full-year 2024 adjusted EPS guidance rose to $2.55 to $2.70 from $2.50 to $2.65.
Third quarter adjusted EPS is expected at $0.62, a 9% increase; Investor Day is set for December 4 in New York City.
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