Avient Announces Second Quarter 2026 Results; Increases Full-Year Guidance

Second quarter sales grew 5.8% to $917 million, driven by 4.3% organic sales growth and 1.5% favorable foreign exchange, with organic growth in both business segments Second quarter GAAP EPS of $0.70 compared to $0.57 in the prior year quarter Second quarter adjusted EPS grew 20% over the prior year to $0.96; exceeded adjusted EPS guidance of $0.89, primarily driven by better-than-expected organic volume growth Strong cash flow generation in the quarter supported $50 million of debt repayment; expect to repay a total of $100 to $150 million during the full year 2026 Increasing 2026 full year adjusted EPS guidance range to $3.10 to $3.25 from previous guidance of $2.93 to $3.17; updated full year adjusted EPS guidance range represents 10% to 15% growth over the prior year CLEVELAND , Aug. 6, 2026 /PRNewswire/ -- Avient Corporation (NYSE: AVNT ), an innovator of materials solutions, today announced its second quarter results for 2026. Second quarter GAAP earnings per share (EPS) were $0.70 compared to $0.57 in the prior year quarter. The company noted that in the second quarter 2026, GAAP EPS includes special items of $0.09 and intangible amortization expense of $0.17 compared to special items of $0.07 and intangible amortization of $0.16 in the second quarter 2025 (see attachment 1). Second quarter 2026 adjusted EPS was $0.96 compared to $0.80 in the prior year quarter, reflecting 20% growth in adjusted EPS over the prior year. "Our teams delivered another quarter of strong execution, generating organic growth and adjusted EBITDA margin expansion in each of our two business segments. By remaining close to our customers, proactively managing inflation and supply chain disruptions, we delivered profitable growth across the portfolio," said Dr. Ashish Khandpur, Chairman, President and Chief Executive Officer, Avient Corporation. "Organic sales growth was driven by a combination of market share gains, new product innovation, and pricing actions. Our performance reflects the team's execution of our strategy to intersect Avient's capabilities with high growth secular trends while driving productivity improvements to enable both top-line growth and margin expansion. As a result, organic sales grew 4.3% and adjusted EBITDA margins expanded by 110 basis points to a record high 18.3%." added Dr. Khandpur. 2026 Outlook "Our teams once again demonstrated strong operational discipline to manage a volatile business environment while executing our strategy to drive long-term value creation. Supported by our year-to-date results and visibility into third quarter demand, we are increasing our full-year 2026 adjusted EBITDA guidance to $575 to $603 million and adjusted EPS guidance to $3.10 to $3.25, representing 10% to 15% adjusted EPS growth for the year," said Joe Di Salvo, Senior Vice President and Chief Financial Officer. "Strong cash generation continues to support both investment in growth and balance sheet improvement. We expect to repay a total of $100 to $150 million of debt during 2026, including $50 million repaid during the second quarter," said Mr. Di Salvo. Dr. Khandpur added, "Our strategy continues to produce strong financial results, delivering earnings growth in both 2024 and 2025 and positioning us to deliver double-digit adjusted EPS growth in 2026. As we look ahead, we remain focused on balancing strong near-term execution and financial performance with targeted investments in our prioritized growth portfolios, while continuing to serve our customers with innovation, quality, and reliability that underpin long-term value creation." Webcast Details Avient will provide additional details on its 2026 second quarter and its 2026 full year outlook during its webcast scheduled for 8:00 a.m. Eastern Time on August 6, 2026. The webcast can be viewed live at avient.com/investors , or by clicking on the webcast link here . Conference call participants in the question and answer session should pre-register using the link at avient.com...