Avantor, Inc.

AVTR Healthcare Medical Instruments & Supplies

Avantor, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.6 billion, down 3.41% from fiscal 2024.

Revenue
+4.59%
EPS
+128.9%
Free cash flow
−9.03%
Total debt
−4.51%

Quarter to September 2026, against a year earlier

15.14 0.51 −3.26%
Market cap
$10.3B
P/E
30.3×
Fwd P/E
34.8×
Dividend yield
—
F-score
4/9
Altman Z
1.55
Beneish M
−2.91
Dividend safety
n/a

Avantor, Inc. (AVTR) Operating margin

Alert me on Operating margin

Avantor, Inc.'s operating margin over the twelve months to 30 September 2026 was 7.34%, up 11.1 percentage points from fiscal 2025 (−3.76%). Over the past ten years it has ranged from −16.9% (fiscal 2017) to 16.0% (fiscal 2024); the current reading is higher than 20% of that period. That is above the Medical Instruments & Supplies industry median of 1.97% and above the Healthcare sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −3.76% (19.75)
FY2024 16.0% 5.99
FY2023 10.0% (5.04)
FY2022 15.0% 1.88
FY2021 13.2% 2.11
FY2020 11.1% 1.91
FY2019 9.14% 2.09
FY2018 7.05% 23.92
FY2017 −16.9% (27.58)
FY2016 10.7% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 8.21% 1.01
Jun 2026 7.20% 0.91
Mar 2026 6.29% (1.31)
Dec 2025 7.60% 47.56
29 more quarters

Against its own ten years

Low −16.9% High 16.0%
Ten-year median 10.4%
Current reading's percentile 17

Operating margin against peers

Company Operating margin
ALGN Align Technology, Inc. compare 14.9%
COO The Cooper Companies, Inc. compare 12.8%
ATR AptarGroup, Inc. compare 11.9%
AVTR Avantor, Inc. 7.34%
BLCO Bausch + Lomb Corporation compare 7.07%
RGEN Repligen Corporation compare 2.26%
TFX Teleflex Incorporated compare 1.97%
SOLV Solventum Corporation compare 0.00%
BAX Baxter International Inc. compare −1.90%
Medical Instruments & Supplies industry median 1.97%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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