| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | 1 | 1 | 1 | — | 2 | 1 | — | 2 | — | — | — | — |
| Sell | — | — | — | — | — | — | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2027 | ‡‡‡‡ |
|
| 2026 | ‡‡‡‡ |
|
| 2025 | ‡‡‡‡ |
|
| 2024 | ‡‡‡‡ |
|
| 2023 | ‡‡‡ |
|
| 2022 | ‡‡‡‡ |
|
| 2021 | ‡‡‡‡ |
|
| 2020 | ‡‡‡‡ |
|
| 2019 | ‡‡‡‡ |
|
| 2018 | ‡‡‡ |
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 262.90 | 261.90 | 365.40 | 306.80 |
| Receivables | 1,150.20 | 1,034.50 | 1,074.60 | 1,138.90 |
| Inventory | 828.10 | 731.50 | 818.20 | 828.70 |
| Other | 143.70 | 118.70 | 193.00 | 187.80 |
| 2,384.90 | 2,146.60 | 2,451.20 | 2,462.20 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 625.90 | 662.80 | 741.70 | 743.20 |
| ST’ Debt | 259.90 | 821.10 | 30.80 | 37.00 |
| Other | 544.30 | 475.00 | 559.10 | 555.60 |
| 1,480.30 | 2,007.50 | 1,378.90 | 1,382.00 |
| 10y | 5y | 3y | |
| Sales | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | — | ‡‡‡ | ‡‡‡ |
| Book Value | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 1,581.40 | 1,692.30 | — | — |
—
|
| ’25 | 1,581.40 | 1,683.40 | 1,623.80 | 1,663.60 |
6,552.20
|
| ’24 | 1,679.80 | 1,702.80 | 1,714.40 | 1,686.60 |
6,783.60
|
| ’23 | 1,780.30 | 1,743.90 | 1,720.20 | 1,722.80 |
6,967.20
|
| ’22 | 1,950.40 | 1,910.50 | 1,856.50 | 1,795.00 |
7,512.40
|
| ’21 | 1,785.60 | 1,858.60 | 1,834.30 | 1,907.60 |
7,386.10
|
| ’20 | 1,519.00 | 1,478.70 | 1,605.00 | 1,790.90 |
6,393.60
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 58.70 | 178.20 | — | — |
—
|
| ’25 | 109.30 | 154.40 | 207.40 | 152.70 |
623.80
|
| ’24 | 141.60 | 281.10 | 244.80 | 173.30 |
840.80
|
| ’23 | 219.50 | 168.20 | 230.70 | 251.60 |
870.00
|
| ’22 | 152.20 | 227.50 | 258.30 | 205.60 |
843.60
|
| ’21 | 126.90 | 263.80 | 261.90 | 301.00 |
953.60
|
| ’20 | 253.10 | 89.20 | 281.50 | 306.00 |
929.80
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 25.20 | 140.60 | — | — |
—
|
| ’25 | 81.30 | 124.80 | 171.70 | 117.20 |
495.00
|
| ’24 | 106.90 | 235.30 | 204.00 | 145.80 |
692.00
|
| ’23 | 191.50 | 138.10 | 193.00 | 201.00 |
723.60
|
| ’22 | 127.70 | 191.20 | 219.30 | 172.00 |
710.20
|
| ’21 | 111.80 | 240.40 | 229.30 | 261.00 |
842.50
|
| ’20 | 240.50 | 75.70 | 266.20 | 285.80 |
868.20
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 0.06 | 0.06 | — | — |
—
|
| ’25 | 0.09 | 0.09 | (1.04) | 0.08 |
(0.78)
|
| ’24 | 0.09 | 0.14 | 0.08 | 0.73 |
1.04
|
| ’23 | 0.18 | (0.01) | 0.16 | 0.15 |
0.47
|
| ’22 | 0.28 | 0.28 | 0.25 | 0.21 |
1.01
|
| ’21 | 0.25 | 0.24 | 0.24 | 0.13 |
0.85
|
| ’20 | 0.05 | 0.08 | (0.10) | 0.06 |
0.09
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 17.91 | 16.63 | 19.59 | 10.62 | — | — | — |
Low Price
|
| — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 41.99 | 25.25 | 28.00 | 23.32 | — | — | — |
High Price
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 14,500 | 14,500 | 13,500 | 13,500 | — | — | — |
Employees
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.52 | 0.48 | 0.50 | 0.49 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7,512.40 | 6,967.20 | 6,783.60 | 6,552.20 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 34.65% | 33.93% | 33.60% | 32.65% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 851.10 | 410.50 | 853.90 | (441.30) | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 11.33% | 5.89% | 12.59% | (6.74%) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 686.50 | 321.10 | 711.50 | (530.20) | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 421.20 | 415.30 | 416.70 | 418.70 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 11.54 | 10.31 | 9.98 | 9.63 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 1.02 | 0.48 | 1.05 | (0.78) | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.30 | 1.29 | 1.24 | 0.92 | ‡‡‡‡ | — | — |
Cash Flow/Sh
|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.20) | (0.22) | (0.22) | (0.19) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.09 | 1.07 | 1.02 | 0.73 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.46 | 7.77 | 8.77 | 8.18 | ‡‡‡‡ | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 650.90 | 675.60 | 679.60 | 680.60 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | 20.55 | 47.40 | 20.07 | 0.00 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.83 | 2.21 | 2.11 | 1.19 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.84 | 2.93 | 2.40 | 1.40 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.62 | 2.96 | 2.67 | 1.74 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 27.73 | 28.53 | 26.18 | 22.99 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 843.60 | 870.00 | 840.80 | 623.80 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (133.40) | (146.40) | (148.80) | (128.80) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 710.20 | 723.60 | 692.00 | 495.00 | ‡‡‡‡‡ | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 999.10 | 904.60 | 139.10 | 1,072.30 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6,287.50 | 5,536.60 | 4,055.80 | 3,946.30 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5,914.60 | 5,273.70 | 3,793.90 | 3,580.90 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4,855.40 | 5,252.60 | 5,956.70 | 5,565.00 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.84% | 2.43% | 5.67% | (4.44%) | — | — | — |
ROA
|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.56% | 4.13% | 6.95% | (1.68%) | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 16.46% | 6.35% | 12.69% | (9.20%) | — | — | — |
ROE
|
Avantor, Inc. (AVTR) is navigating a post-COVID hangover in the life sciences supply chain, with revenue sliding from a $7.52 billion peak in 2022 to a projected $6.55 billion low in 2025 amid structural pressures and competition from giants like Thermo Fisher. Profitability swings wildly—EBT soaring to 12.6% margins in 2024 before a forecasted $441 million loss next year—yet gross margins hold steady at 32-34%, and the balance sheet strengthens with debt slashed 43% to $4.05 billion since its 2017 LBO. At dirt-cheap valuations (2.1x PS, 2.4x PB), the stock lags despite resilient FCF, trading near lows with analysts eyeing just 9% upside.
The real intrigue? Insiders are piling in with over $9.7 million in buys—CEO, directors loading up at dips—bucking Wall Street’s yawn and signaling conviction in a 2026 FCF surge to $2.06/share and revenue rebound. Is this beaten-down value play primed for resurrection via semis/biopharma tailwinds and M&A, or a trap in a commoditizing market? Dive into the full analysis for the risks, catalysts, and contrarian verdict.
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