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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Avantor, Inc. (AVTR) trades at a price to free cash flow of 23.3×. Over the past ten years it has ranged from 8.5× (May 2019) to 36.2× (December 2019); the current reading is higher than 69% of that period. That is in line with the Medical Instruments & Supplies industry median of 23.5× and above the Healthcare sector median of 21.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 15.8× (23.85%)
FY2024 20.7× (2.58%)
FY2023 21.2× 9.48%
FY2022 19.4× (34.31%)
FY2021 29.5× 58.07%
FY2020 18.7× (22.40%)
FY2019 24.1× 181.87%
FY2018 8.5× 0.00%
FY2017 8.5× 0.00%
FY2016 8.5× —

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 23.2× 57.60%
Jun 2026 14.7× 21.98%
Mar 2026 12.1× (23.40%)
Dec 2025 15.8× (3.02%)
29 more quarters

Against its own ten years

Low 8.5× High 36.2×
Ten-year median 20.9×
Current reading's percentile 69

Price to free cash flow against peers

Company Price to free cash flow
SOLV Solventum Corporation compare n/m
BAX Baxter International Inc. compare 11.6×
ALGN Align Technology, Inc. compare 16.8×
COO The Cooper Companies, Inc. compare 18.1×
AVTR Avantor, Inc. 23.3×
ATR AptarGroup, Inc. compare 31.0×
BLCO Bausch + Lomb Corporation compare 31.4×
TFX Teleflex Incorporated compare 125×
RGEN Repligen Corporation compare 170×
Medical Instruments & Supplies industry median 23.5×
Healthcare sector median 21.1×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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