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Avantor share price today

Avantor, Inc. · AVTR · Healthcare · Medical Instruments & Supplies · price as of the 6 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Avantor share price: $15.47 at the close on 6 November 2026, +33.9% in a year.

MixedBusiness trend from the last 12 quarters
$15.47Price +33.9% in a year
31.1×P/E lower than 51% of the last 4.6 years
$1.7 BRevenue (Sep 2026) +4.6% on a year ago
$203 MProfit (Sep 2026)
8.2%Operating margin −0.3 points on a year ago
−10%ROE FY25
5.8%ROIC against a 8.2% cost of capital: −2.4 points

Avantor, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

The main question: the share price moved +33.9% in a year while yearly earnings per share moved −175.0%. The difference came from the market paying a higher multiple.

The price has been stalling near its high for 18 weeks, and the P/E is lower than 51% of its own last 4.6 years. Over the last four quarters, results have been mixed, and 151% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.

What is the Avantor share price today?

Avantor, Inc.'s share price was $15.47 at the close on 6 November 2026. It has been stalling near its high for 18 weeks. That is 37.1% above its average price over the last 200 trading days. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 23 weeks in a row.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Avantor, Inc. is in stage 3. The phase helps read everything below.

In the last 52 weeks it traded between $7 and $17, and at that close it sat 82% of the way up from that low.

1Y

Nov 2026: $15.47, 37.1% above its 200-day average. The price has been stalling near its high for 18 weeks.

  • Price $15.47
  • 50-day avg $15.59
  • 200-day avg $11.28
Nov 2026: $15.47, 37.1% above its 200-day average. The price has been stalling near its high for 18 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025$11.82$13.32$14.68
7 Nov 2025$11.55$13.15$14.41
14 Nov 2025$11.38$12.98$14.15
21 Nov 2025$11.52$12.81$13.88
28 Nov 2025$11.73$12.74$13.74
5 Dec 2025$10.93$12.66$13.58
12 Dec 2025$11.17$12.50$13.43
19 Dec 2025$11.27$12.23$13.31
26 Dec 2025$11.43$12.04$13.20
2 Jan 2026$11.46$11.75$13.10
9 Jan 2026$12.41$11.44$12.99
16 Jan 2026$12.16$11.52$12.89
23 Jan 2026$11.80$11.56$12.82
30 Jan 2026$10.92$11.54$12.72
6 Feb 2026$11.26$11.52$12.62
13 Feb 2026$9.20$11.35$12.53
20 Feb 2026$9.03$11.20$12.45
27 Feb 2026$9.05$10.99$12.37
6 Mar 2026$8.17$10.73$12.26
13 Mar 2026$7.93$10.40$12.14
20 Mar 2026$7.51$9.98$12.00
27 Mar 2026$7.41$9.51$11.86
2 Apr 2026$7.90$9.16$11.75
10 Apr 2026$7.90$8.79$11.61
17 Apr 2026$8.52$8.52$11.48
24 Apr 2026$7.90$8.26$11.34
1 May 2026$7.96$8.14$11.21
8 May 2026$8.31$8.06$11.09
15 May 2026$7.62$7.97$10.93
22 May 2026$8.12$7.94$10.83
29 May 2026$9.12$8.02$10.77
5 Jun 2026$9.16$8.17$10.68
12 Jun 2026$9.39$8.38$10.59
18 Jun 2026$9.58$8.50$10.52
26 Jun 2026$10.28$8.67$10.44
2 Jul 2026$10.32$8.80$10.38
10 Jul 2026$10.39$9.03$10.33
17 Jul 2026$11.07$9.34$10.30
24 Jul 2026$11.44$9.62$10.24
31 Jul 2026$13.78$10.17$10.23
7 Aug 2026$13.59$10.71$10.21
14 Aug 2026$13.66$11.18$10.17
21 Aug 2026$14.46$11.61$10.21
28 Aug 2026$14.58$12.10$10.28
4 Sep 2026$14.97$12.61$10.37
11 Sep 2026$14.81$13.00$10.44
18 Sep 2026$15.52$13.53$10.54
25 Sep 2026$15.25$13.95$10.64
2 Oct 2026$15.34$14.37$10.74
9 Oct 2026$15.67$14.64$10.84
16 Oct 2026$16.42$14.87$10.96
23 Oct 2026$17.29$15.19$11.08
30 Oct 2026$16.05$15.49$11.19
6 Nov 2026$15.47$15.59$11.28
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: $15.47, 37.1% above its 200-day average. The price has been stalling near its high for 18 weeks.

  • Price $15.47
  • 50-day avg $15.59
  • 200-day avg $11.28
Nov 2026: $15.47, 37.1% above its 200-day average. The price has been stalling near its high for 18 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023$18.37$20.64$21.23
10 Nov 2023$18.56$20.29$21.11
17 Nov 2023$19.34$20.10$20.98
24 Nov 2023$20.32$20.00$20.91
1 Dec 2023$21.38$19.91$20.82
8 Dec 2023$20.98$19.92$20.73
15 Dec 2023$23.01$20.04$20.67
22 Dec 2023$22.94$20.24$20.65
29 Dec 2023$22.83$20.38$20.69
5 Jan 2024$21.79$20.51$20.71
12 Jan 2024$22.01$20.90$20.73
19 Jan 2024$21.58$21.18$20.75
26 Jan 2024$22.66$21.55$20.77
2 Feb 2024$23.42$21.95$20.83
9 Feb 2024$23.21$22.29$20.92
16 Feb 2024$23.76$22.52$21.02
23 Feb 2024$24.35$22.79$21.10
1 Mar 2024$25.00$23.02$21.21
8 Mar 2024$25.64$23.26$21.33
15 Mar 2024$25.08$23.52$21.45
22 Mar 2024$26.07$23.90$21.59
28 Mar 2024$25.57$24.18$21.70
5 Apr 2024$25.87$24.52$21.84
12 Apr 2024$24.96$24.79$21.98
19 Apr 2024$24.10$24.87$22.09
26 Apr 2024$23.94$25.05$22.19
3 May 2024$24.72$25.07$22.28
10 May 2024$24.79$25.09$22.33
17 May 2024$24.99$25.06$22.42
24 May 2024$24.14$24.98$22.51
31 May 2024$24.08$24.84$22.57
7 Jun 2024$24.01$24.70$22.64
14 Jun 2024$21.68$24.41$22.65
21 Jun 2024$22.12$24.09$22.65
28 Jun 2024$21.20$23.78$22.68
5 Jul 2024$21.03$23.48$22.67
12 Jul 2024$20.80$23.12$22.65
19 Jul 2024$20.85$22.77$22.66
26 Jul 2024$25.60$22.56$22.71
2 Aug 2024$25.60$22.72$22.84
9 Aug 2024$24.98$22.80$22.95
16 Aug 2024$25.29$22.90$23.10
23 Aug 2024$25.66$23.13$23.29
30 Aug 2024$25.84$23.52$23.47
6 Sep 2024$25.54$23.77$23.59
13 Sep 2024$26.88$24.33$23.76
20 Sep 2024$26.99$24.94$23.91
27 Sep 2024$25.83$25.45$24.04
4 Oct 2024$25.31$25.83$24.12
11 Oct 2024$24.75$25.65$24.17
18 Oct 2024$24.73$25.63$24.22
25 Oct 2024$22.43$25.48$24.26
1 Nov 2024$22.31$25.19$24.27
8 Nov 2024$22.59$24.91$24.30
15 Nov 2024$20.74$24.52$24.25
22 Nov 2024$20.78$23.89$24.17
29 Nov 2024$21.06$23.40$24.13
6 Dec 2024$21.39$22.87$24.05
13 Dec 2024$22.33$22.56$24.00
20 Dec 2024$21.21$22.22$23.91
27 Dec 2024$21.41$21.94$23.83
3 Jan 2025$21.76$21.69$23.75
10 Jan 2025$21.66$21.60$23.67
17 Jan 2025$22.11$21.56$23.59
24 Jan 2025$22.06$21.49$23.52
31 Jan 2025$22.28$21.56$23.44
7 Feb 2025$19.16$21.67$23.37
14 Feb 2025$17.87$21.39$23.20
21 Feb 2025$17.30$21.10$23.06
28 Feb 2025$16.70$20.56$22.87
7 Mar 2025$17.50$20.03$22.65
14 Mar 2025$16.30$19.54$22.45
21 Mar 2025$16.54$19.04$22.27
28 Mar 2025$16.18$18.48$22.07
4 Apr 2025$15.13$17.86$21.92
11 Apr 2025$15.22$17.15$21.75
17 Apr 2025$15.10$16.61$21.63
25 Apr 2025$12.93$16.17$21.48
2 May 2025$12.87$15.68$21.27
9 May 2025$12.02$15.18$21.05
16 May 2025$13.41$14.88$20.75
23 May 2025$12.69$14.52$20.43
30 May 2025$12.91$14.23$20.20
6 Jun 2025$13.07$13.90$19.89
13 Jun 2025$13.07$13.63$19.59
20 Jun 2025$13.57$13.49$19.35
27 Jun 2025$13.53$13.31$19.05
3 Jul 2025$13.88$13.21$18.79
11 Jul 2025$13.58$13.19$18.45
18 Jul 2025$13.29$13.23$18.13
25 Jul 2025$14.21$13.32$17.83
1 Aug 2025$11.36$13.33$17.54
8 Aug 2025$11.50$13.19$17.20
15 Aug 2025$12.93$13.15$16.93
22 Aug 2025$13.27$13.11$16.69
29 Aug 2025$13.47$13.11$16.46
5 Sep 2025$13.31$13.08$16.29
12 Sep 2025$12.31$12.99$16.10
19 Sep 2025$12.50$12.88$15.89
26 Sep 2025$11.84$12.77$15.66
3 Oct 2025$14.29$12.76$15.43
10 Oct 2025$13.40$12.74$15.24
17 Oct 2025$14.78$13.02$15.06
24 Oct 2025$15.40$13.31$14.90
31 Oct 2025$11.82$13.32$14.68
7 Nov 2025$11.55$13.15$14.41
14 Nov 2025$11.38$12.98$14.15
21 Nov 2025$11.52$12.81$13.88
28 Nov 2025$11.73$12.74$13.74
5 Dec 2025$10.93$12.66$13.58
12 Dec 2025$11.17$12.50$13.43
19 Dec 2025$11.27$12.23$13.31
26 Dec 2025$11.43$12.04$13.20
2 Jan 2026$11.46$11.75$13.10
9 Jan 2026$12.41$11.44$12.99
16 Jan 2026$12.16$11.52$12.89
23 Jan 2026$11.80$11.56$12.82
30 Jan 2026$10.92$11.54$12.72
6 Feb 2026$11.26$11.52$12.62
13 Feb 2026$9.20$11.35$12.53
20 Feb 2026$9.03$11.20$12.45
27 Feb 2026$9.05$10.99$12.37
6 Mar 2026$8.17$10.73$12.26
13 Mar 2026$7.93$10.40$12.14
20 Mar 2026$7.51$9.98$12.00
27 Mar 2026$7.41$9.51$11.86
2 Apr 2026$7.90$9.16$11.75
10 Apr 2026$7.90$8.79$11.61
17 Apr 2026$8.52$8.52$11.48
24 Apr 2026$7.90$8.26$11.34
1 May 2026$7.96$8.14$11.21
8 May 2026$8.31$8.06$11.09
15 May 2026$7.62$7.97$10.93
22 May 2026$8.12$7.94$10.83
29 May 2026$9.12$8.02$10.77
5 Jun 2026$9.16$8.17$10.68
12 Jun 2026$9.39$8.38$10.59
18 Jun 2026$9.58$8.50$10.52
26 Jun 2026$10.28$8.67$10.44
2 Jul 2026$10.32$8.80$10.38
10 Jul 2026$10.39$9.03$10.33
17 Jul 2026$11.07$9.34$10.30
24 Jul 2026$11.44$9.62$10.24
31 Jul 2026$13.78$10.17$10.23
7 Aug 2026$13.59$10.71$10.21
14 Aug 2026$13.66$11.18$10.17
21 Aug 2026$14.46$11.61$10.21
28 Aug 2026$14.58$12.10$10.28
4 Sep 2026$14.97$12.61$10.37
11 Sep 2026$14.81$13.00$10.44
18 Sep 2026$15.52$13.53$10.54
25 Sep 2026$15.25$13.95$10.64
2 Oct 2026$15.34$14.37$10.74
9 Oct 2026$15.67$14.64$10.84
16 Oct 2026$16.42$14.87$10.96
23 Oct 2026$17.29$15.19$11.08
30 Oct 2026$16.05$15.49$11.19
6 Nov 2026$15.47$15.59$11.28
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: $15.47, 37.1% above its 200-day average. The price has been stalling near its high for 18 weeks.

  • Price $15.47
  • 50-day avg $15.59
  • 200-day avg $11.28
Nov 2026: $15.47, 37.1% above its 200-day average. The price has been stalling near its high for 18 weeks.
WeekPrice50-day avg200-day avg
5 Nov 2021$38.18$40.34$34.52
19 Nov 2021$39.66$39.97$34.98
3 Dec 2021$38.27$39.31$35.41
17 Dec 2021$39.90$38.93$35.98
31 Dec 2021$42.14$39.44$36.58
14 Jan 2022$37.71$39.35$37.07
28 Jan 2022$36.30$38.89$37.26
11 Feb 2022$36.18$38.47$37.50
25 Feb 2022$35.39$37.67$37.66
11 Mar 2022$33.88$36.30$37.79
25 Mar 2022$33.57$35.34$37.92
8 Apr 2022$32.06$34.70$37.86
22 Apr 2022$30.02$33.61$37.66
6 May 2022$31.09$32.78$37.38
20 May 2022$31.22$32.05$37.02
3 Jun 2022$32.68$31.61$36.73
17 Jun 2022$29.84$31.11$36.32
1 Jul 2022$31.61$31.04$35.84
15 Jul 2022$28.73$30.97$35.27
29 Jul 2022$29.02$30.96$34.77
12 Aug 2022$28.56$30.38$34.30
26 Aug 2022$25.55$29.42$33.69
9 Sep 2022$25.83$28.38$33.07
23 Sep 2022$20.60$26.78$32.24
7 Oct 2022$20.12$24.78$31.28
21 Oct 2022$19.63$23.02$30.23
4 Nov 2022$20.06$21.60$29.35
18 Nov 2022$20.88$20.70$28.55
2 Dec 2022$22.74$20.49$27.89
16 Dec 2022$20.70$20.71$27.25
30 Dec 2022$21.09$20.82$26.66
13 Jan 2023$22.10$21.05$26.07
27 Jan 2023$24.10$21.57$25.64
10 Feb 2023$23.98$22.16$25.29
24 Feb 2023$24.62$22.59$25.00
10 Mar 2023$21.26$23.18$24.66
24 Mar 2023$20.89$23.20$24.10
6 Apr 2023$20.70$22.88$23.67
21 Apr 2023$20.15$22.26$23.14
5 May 2023$20.05$21.33$22.65
19 May 2023$20.95$20.58$22.14
2 Jun 2023$20.02$20.46$21.78
16 Jun 2023$19.95$20.25$21.47
30 Jun 2023$20.54$20.04$21.24
14 Jul 2023$20.90$20.24$21.18
28 Jul 2023$21.28$20.61$21.27
11 Aug 2023$20.74$20.64$21.31
25 Aug 2023$21.77$20.95$21.39
8 Sep 2023$20.23$21.24$21.42
22 Sep 2023$21.11$21.41$21.40
6 Oct 2023$20.64$21.15$21.37
20 Oct 2023$20.54$21.19$21.38
3 Nov 2023$18.37$20.64$21.23
17 Nov 2023$19.34$20.10$20.98
1 Dec 2023$21.38$19.91$20.82
15 Dec 2023$23.01$20.04$20.67
29 Dec 2023$22.83$20.38$20.69
12 Jan 2024$22.01$20.90$20.73
26 Jan 2024$22.66$21.55$20.77
9 Feb 2024$23.21$22.29$20.92
23 Feb 2024$24.35$22.79$21.10
8 Mar 2024$25.64$23.26$21.33
22 Mar 2024$26.07$23.90$21.59
5 Apr 2024$25.87$24.52$21.84
19 Apr 2024$24.10$24.87$22.09
3 May 2024$24.72$25.07$22.28
17 May 2024$24.99$25.06$22.42
31 May 2024$24.08$24.84$22.57
14 Jun 2024$21.68$24.41$22.65
28 Jun 2024$21.20$23.78$22.68
12 Jul 2024$20.80$23.12$22.65
26 Jul 2024$25.60$22.56$22.71
9 Aug 2024$24.98$22.80$22.95
23 Aug 2024$25.66$23.13$23.29
6 Sep 2024$25.54$23.77$23.59
20 Sep 2024$26.99$24.94$23.91
4 Oct 2024$25.31$25.83$24.12
18 Oct 2024$24.73$25.63$24.22
1 Nov 2024$22.31$25.19$24.27
15 Nov 2024$20.74$24.52$24.25
29 Nov 2024$21.06$23.40$24.13
13 Dec 2024$22.33$22.56$24.00
27 Dec 2024$21.41$21.94$23.83
10 Jan 2025$21.66$21.60$23.67
24 Jan 2025$22.06$21.49$23.52
7 Feb 2025$19.16$21.67$23.37
21 Feb 2025$17.30$21.10$23.06
7 Mar 2025$17.50$20.03$22.65
21 Mar 2025$16.54$19.04$22.27
4 Apr 2025$15.13$17.86$21.92
17 Apr 2025$15.10$16.61$21.63
2 May 2025$12.87$15.68$21.27
16 May 2025$13.41$14.88$20.75
30 May 2025$12.91$14.23$20.20
13 Jun 2025$13.07$13.63$19.59
27 Jun 2025$13.53$13.31$19.05
11 Jul 2025$13.58$13.19$18.45
25 Jul 2025$14.21$13.32$17.83
8 Aug 2025$11.50$13.19$17.20
22 Aug 2025$13.27$13.11$16.69
5 Sep 2025$13.31$13.08$16.29
19 Sep 2025$12.50$12.88$15.89
3 Oct 2025$14.29$12.76$15.43
17 Oct 2025$14.78$13.02$15.06
31 Oct 2025$11.82$13.32$14.68
14 Nov 2025$11.38$12.98$14.15
28 Nov 2025$11.73$12.74$13.74
12 Dec 2025$11.17$12.50$13.43
26 Dec 2025$11.43$12.04$13.20
9 Jan 2026$12.41$11.44$12.99
23 Jan 2026$11.80$11.56$12.82
6 Feb 2026$11.26$11.52$12.62
20 Feb 2026$9.03$11.20$12.45
6 Mar 2026$8.17$10.73$12.26
20 Mar 2026$7.51$9.98$12.00
2 Apr 2026$7.90$9.16$11.75
17 Apr 2026$8.52$8.52$11.48
1 May 2026$7.96$8.14$11.21
15 May 2026$7.62$7.97$10.93
29 May 2026$9.12$8.02$10.77
12 Jun 2026$9.39$8.38$10.59
26 Jun 2026$10.28$8.67$10.44
10 Jul 2026$10.39$9.03$10.33
24 Jul 2026$11.44$9.62$10.24
7 Aug 2026$13.59$10.71$10.21
21 Aug 2026$14.46$11.61$10.21
4 Sep 2026$14.97$12.61$10.37
18 Sep 2026$15.52$13.53$10.54
2 Oct 2026$15.34$14.37$10.74
16 Oct 2026$16.42$14.87$10.96
30 Oct 2026$16.05$15.49$11.19
6 Nov 2026$15.47$15.59$11.28
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

Price stage: Falling from Oct 2025 to Jul 2026; Sideways from Jul 2026 to Nov 2026.

Price stage: Falling in Nov 2023; Sideways from Dec 2023 to Mar 2024; Rising from Mar 2024 to Jun 2024; Sideways from Jun 2024 to Jul 2024; Rising from Jul 2024 to Oct 2024; Sideways from Oct 2024 to Feb 2025; Falling from Mar 2025 to Jul 2026; Sideways from Jul 2026 to Nov 2026.

Price stage: Rising from Nov 2021 to Jan 2022; Sideways from Jan 2022 to Jul 2022; Falling from Jul 2022 to Nov 2023; Sideways from Dec 2023 to Mar 2024; Rising from Apr 2024 to May 2024; Sideways from Jun 2024 to Jul 2024; Rising from Jul 2024 to Oct 2024; Sideways from Nov 2024 to Feb 2025; Falling from Mar 2025 to Jun 2026; Sideways from Jul 2026 to Nov 2026.

Week by week since 2019: did it beat the S&P 500 over the past 13 weeks?

Ahead in 159 of 377 weeks

Week by week since 2019: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
24 May 2019no S&P 500 reading
31 May 2019no S&P 500 reading
7 Jun 2019no S&P 500 reading
14 Jun 2019no S&P 500 reading
21 Jun 2019no S&P 500 reading
28 Jun 2019no S&P 500 reading
5 Jul 2019no S&P 500 reading
12 Jul 2019no S&P 500 reading
19 Jul 2019no S&P 500 reading
26 Jul 2019no S&P 500 reading
2 Aug 2019no S&P 500 reading
9 Aug 2019no S&P 500 reading
16 Aug 2019no S&P 500 reading
23 Aug 2019−0.7%
30 Aug 2019−6.2%
6 Sep 2019−4.5%
13 Sep 2019−24.7%
20 Sep 2019−20.6%
27 Sep 2019−28.1%
4 Oct 2019−23.0%
11 Oct 2019−22.9%
18 Oct 2019−22.4%
25 Oct 2019−21.9%
1 Nov 2019−14.6%
8 Nov 2019−20.7%
15 Nov 2019−9.9%
22 Nov 2019−10.1%
29 Nov 2019−9.6%
6 Dec 2019+1.2%
13 Dec 2019+16.0%
20 Dec 2019+9.4%
27 Dec 2019+21.8%
3 Jan 2020+17.3%
10 Jan 2020+21.3%
17 Jan 2020+22.6%
24 Jan 2020+24.2%
31 Jan 2020+18.5%
7 Feb 2020+14.5%
14 Feb 2020+1.7%
21 Feb 2020−3.3%
28 Feb 2020−2.3%
6 Mar 2020−11.5%
13 Mar 2020−19.7%
20 Mar 2020−13.5%
27 Mar 2020−14.8%
3 Apr 2020−10.8%
9 Apr 2020−8.9%
17 Apr 2020−15.1%
24 Apr 2020−11.0%
1 May 2020+3.1%
8 May 2020+10.6%
15 May 2020+15.5%
22 May 2020+11.4%
29 May 2020+17.7%
5 Jun 2020+13.0%
12 Jun 2020+30.8%
19 Jun 2020+34.5%
26 Jun 2020+26.1%
2 Jul 2020+18.1%
10 Jul 2020+16.7%
17 Jul 2020+24.8%
24 Jul 2020+18.2%
31 Jul 2020+15.9%
7 Aug 2020+11.0%
14 Aug 2020−1.9%
21 Aug 2020+10.4%
28 Aug 2020+0.7%
4 Sep 2020+9.5%
11 Sep 2020+16.8%
18 Sep 2020+19.2%
25 Sep 2020+21.9%
2 Oct 2020+23.7%
9 Oct 2020+25.2%
16 Oct 2020+22.5%
23 Oct 2020+27.0%
30 Oct 2020+5.4%
6 Nov 2020+19.6%
13 Nov 2020+23.0%
20 Nov 2020+11.3%
27 Nov 2020+16.1%
4 Dec 2020+20.0%
11 Dec 2020+15.5%
18 Dec 2020+12.1%
24 Dec 2020+10.6%
31 Dec 2020+10.9%
8 Jan 2021+8.6%
15 Jan 2021+10.2%
22 Jan 2021+11.8%
29 Jan 2021+13.4%
5 Feb 2021+0.2%
12 Feb 2021+5.1%
19 Feb 2021+0.9%
26 Feb 2021+1.2%
5 Mar 2021−3.1%
12 Mar 2021−2.3%
19 Mar 2021−1.4%
26 Mar 2021−1.8%
1 Apr 2021−2.5%
9 Apr 2021+1.4%
16 Apr 2021+0.2%
23 Apr 2021−0.1%
30 Apr 2021−4.1%
7 May 2021−4.3%
14 May 2021−3.0%
21 May 2021+2.3%
28 May 2021+4.9%
4 Jun 2021+4.4%
11 Jun 2021+10.2%
18 Jun 2021+14.3%
25 Jun 2021+17.2%
2 Jul 2021+11.8%
9 Jul 2021+7.9%
16 Jul 2021+9.5%
23 Jul 2021+6.5%
30 Jul 2021+12.2%
6 Aug 2021+17.0%
13 Aug 2021+15.1%
20 Aug 2021+17.4%
27 Aug 2021+15.0%
3 Sep 2021+22.9%
10 Sep 2021+21.7%
17 Sep 2021+17.0%
24 Sep 2021+19.3%
1 Oct 2021+17.4%
8 Oct 2021+11.9%
15 Oct 2021+2.1%
22 Oct 2021+0.3%
29 Oct 2021+2.7%
5 Nov 2021−5.5%
12 Nov 2021−6.3%
19 Nov 2021−3.3%
26 Nov 2021−1.1%
3 Dec 2021−6.1%
10 Dec 2021−12.7%
17 Dec 2021−11.0%
23 Dec 2021−12.3%
31 Dec 2021−8.0%
7 Jan 2022−16.2%
14 Jan 2022−5.9%
21 Jan 2022−2.7%
28 Jan 2022−6.3%
4 Feb 2022+1.5%
11 Feb 2022+0.9%
18 Feb 2022−6.9%
25 Feb 2022−6.1%
4 Mar 2022−8.8%
11 Mar 2022−3.1%
18 Mar 2022−8.6%
25 Mar 2022−14.8%
1 Apr 2022−14.2%
8 Apr 2022−8.5%
14 Apr 2022−10.8%
22 Apr 2022−14.1%
29 Apr 2022−5.4%
6 May 2022−8.0%
13 May 2022−8.1%
20 May 2022+2.1%
27 May 2022−1.7%
3 Jun 2022+3.7%
10 Jun 2022−2.0%
17 Jun 2022+2.6%
24 Jun 2022+8.0%
1 Jul 2022+8.3%
8 Jul 2022+11.1%
15 Jul 2022+3.4%
22 Jul 2022+10.4%
29 Jul 2022−9.0%
5 Aug 2022−8.7%
12 Aug 2022−11.3%
19 Aug 2022−23.3%
26 Aug 2022−20.1%
2 Sep 2022−20.6%
9 Sep 2022−20.3%
16 Sep 2022−30.0%
23 Sep 2022−29.1%
30 Sep 2022−31.7%
7 Oct 2022−29.3%
14 Oct 2022−24.7%
21 Oct 2022−31.4%
28 Oct 2022−28.2%
4 Nov 2022−20.8%
11 Nov 2022−17.6%
18 Nov 2022−15.2%
25 Nov 2022−15.4%
2 Dec 2022−10.9%
9 Dec 2022−13.4%
16 Dec 2022−7.3%
23 Dec 2022−4.4%
30 Dec 2022+0.5%
6 Jan 2023−7.2%
13 Jan 2023+1.4%
20 Jan 2023+11.5%
27 Jan 2023+21.1%
3 Feb 2023+5.3%
10 Feb 2023+8.5%
17 Feb 2023+14.7%
24 Feb 2023+16.3%
3 Mar 2023+11.0%
10 Mar 2023+0.7%
17 Mar 2023−1.5%
24 Mar 2023−1.6%
31 Mar 2023−6.8%
6 Apr 2023−2.3%
14 Apr 2023−9.9%
21 Apr 2023−16.6%
28 Apr 2023−21.7%
5 May 2023−13.1%
12 May 2023−16.5%
19 May 2023−17.4%
26 May 2023−22.1%
2 Jun 2023−26.1%
9 Jun 2023−19.1%
16 Jun 2023−16.5%
23 Jun 2023−15.3%
30 Jun 2023−11.1%
7 Jul 2023−7.0%
14 Jul 2023−7.9%
21 Jul 2023+4.4%
28 Jul 2023−0.6%
4 Aug 2023−5.0%
11 Aug 2023−5.8%
18 Aug 2023−2.0%
25 Aug 2023+0.7%
1 Sep 2023+3.0%
8 Sep 2023−0.6%
15 Sep 2023+8.7%
22 Sep 2023+8.0%
29 Sep 2023+6.2%
6 Oct 2023+1.6%
13 Oct 2023+4.4%
20 Oct 2023−3.8%
27 Oct 2023−6.1%
3 Nov 2023−8.5%
10 Nov 2023−9.4%
17 Nov 2023−13.0%
24 Nov 2023−10.1%
1 Dec 2023−3.2%
8 Dec 2023+0.4%
15 Dec 2023−0.6%
22 Dec 2023−1.4%
29 Dec 2023−2.9%
5 Jan 2024−3.4%
12 Jan 2024−5.6%
19 Jan 2024−9.5%
26 Jan 2024+8.4%
2 Feb 2024+13.8%
9 Feb 2024+11.3%
16 Feb 2024+12.0%
23 Feb 2024+8.3%
1 Mar 2024+5.2%
8 Mar 2024+11.0%
15 Mar 2024+0.4%
22 Mar 2024+3.6%
28 Mar 2024+2.0%
5 Apr 2024+7.9%
12 Apr 2024+6.2%
19 Apr 2024+9.0%
26 Apr 2024+1.4%
3 May 2024+2.1%
10 May 2024+2.9%
17 May 2024−0.8%
24 May 2024−5.1%
31 May 2024−6.5%
7 Jun 2024−10.7%
14 Jun 2024−20.0%
21 Jun 2024−19.6%
28 Jun 2024−21.1%
5 Jul 2024−25.7%
12 Jul 2024−26.3%
19 Jul 2024−24.4%
26 Jul 2024−0.2%
2 Aug 2024−0.7%
9 Aug 2024−1.6%
16 Aug 2024−3.5%
23 Aug 2024+0.1%
30 Aug 2024+0.4%
6 Sep 2024+5.2%
13 Sep 2024+20.4%
20 Sep 2024+17.7%
27 Sep 2024+16.8%
4 Oct 2024+17.0%
11 Oct 2024+15.5%
18 Oct 2024+12.1%
25 Oct 2024−18.7%
1 Nov 2024−20.0%
8 Nov 2024−21.8%
15 Nov 2024−23.7%
22 Nov 2024−25.0%
29 Nov 2024−25.4%
6 Dec 2024−28.7%
13 Dec 2024−24.4%
20 Dec 2024−25.4%
27 Dec 2024−21.2%
3 Jan 2025−17.3%
10 Jan 2025−12.6%
17 Jan 2025−12.8%
24 Jan 2025−6.6%
31 Jan 2025−5.5%
7 Feb 2025−15.6%
14 Feb 2025−17.9%
21 Feb 2025−17.5%
28 Feb 2025−19.3%
7 Mar 2025−12.9%
14 Mar 2025−20.2%
21 Mar 2025−17.4%
28 Mar 2025−17.8%
4 Apr 2025−15.8%
11 Apr 2025−21.7%
17 Apr 2025−19.8%
25 Apr 2025−32.0%
2 May 2025−36.4%
9 May 2025−31.2%
16 May 2025−22.4%
23 May 2025−23.2%
30 May 2025−21.9%
6 Jun 2025−29.3%
13 Jun 2025−25.9%
20 Jun 2025−23.3%
27 Jun 2025−27.0%
3 Jul 2025−32.0%
11 Jul 2025−27.6%
18 Jul 2025−31.2%
25 Jul 2025−5.8%
1 Aug 2025−21.4%
8 Aug 2025−17.2%
15 Aug 2025−11.9%
22 Aug 2025−6.9%
29 Aug 2025−5.1%
5 Sep 2025−6.2%
12 Sep 2025−15.9%
19 Sep 2025−19.6%
26 Sep 2025−20.1%
3 Oct 2025−4.1%
10 Oct 2025−6.0%
17 Oct 2025+5.3%
24 Oct 2025+2.1%
31 Oct 2025−5.7%
7 Nov 2025−4.9%
14 Nov 2025−16.4%
21 Nov 2025−15.3%
28 Nov 2025−18.9%
5 Dec 2025−23.8%
12 Dec 2025−13.0%
19 Dec 2025−12.4%
26 Dec 2025−7.8%
2 Jan 2026−21.9%
9 Jan 2026−13.7%
16 Jan 2026−21.8%
23 Jan 2026−25.1%
30 Jan 2026−9.1%
6 Feb 2026−5.4%
13 Feb 2026−20.6%
20 Feb 2026−26.2%
27 Feb 2026−23.2%
6 Mar 2026−23.3%
13 Mar 2026−26.2%
20 Mar 2026−28.7%
27 Mar 2026−27.0%
2 Apr 2026−27.1%
10 Apr 2026−34.2%
17 Apr 2026−32.6%
24 Apr 2026−36.6%
1 May 2026−31.3%
8 May 2026−33.0%
15 May 2026−25.6%
22 May 2026−18.2%
29 May 2026−9.5%
5 Jun 2026+2.4%
12 Jun 2026+6.4%
18 Jun 2026+12.4%
26 Jun 2026+23.8%
2 Jul 2026+17.1%
10 Jul 2026+20.4%
17 Jul 2026+25.3%
24 Jul 2026+41.3%
31 Jul 2026+69.5%
7 Aug 2026+58.7%
14 Aug 2026+74.2%
21 Aug 2026+75.4%
28 Aug 2026+58.2%
4 Sep 2026+59.0%
11 Sep 2026+54.7%
18 Sep 2026+60.0%
25 Sep 2026+42.5%
2 Oct 2026+45.3%
9 Oct 2026+47.7%
16 Oct 2026+45.6%
23 Oct 2026+48.3%
30 Oct 2026+15.3%
6 Nov 2026+18.7%
Each bar is one week, from 2019 to now (377 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 7.5 years the share price moved −11% while the S&P 500 moved +160%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Avantor pay?

Avantor, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.

Which stock lists is Avantor on?

Avantor is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Is Avantor profitable?

Avantor, Inc. earned $203 M of net profit in the Sep 2026 quarter. The full FY25 year was a loss of $530 M. That is 12.0% of the quarter's revenue. The same quarter a year earlier lost $712 M. 1 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY25 profit was −$530 M (−174.5% on the year before).

FY25 profit −$530 M (−174.5% on the year before)

  • Net profit −$530 M
FY25 profit −$530 M (−174.5% on the year before)
QuarterNet profit
FY21$508 M
FY22$662 M
FY23$321 M
FY24$712 M
FY25−$530 M

Growth on a year earlier

  • Growth on a year earlier −174.5%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2230.4%
FY23−51.5%
FY24121.6%
FY25−174.5%
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Sep 2026: $203 M

  • Net profit (quarterly) $203 M
Sep 2026: $203 M
QuarterNet profit (quarterly)
Dec 2023$98.5 M
Mar 2024$60.4 M
Jun 2024$92.9 M
Sep 2024$57.8 M
Dec 2024$500 M
Mar 2025$64.5 M
Jun 2025$64.7 M
Sep 2025−$712 M
Dec 2025$52.4 M
Mar 2026$43.3 M
Jun 2026$38.1 M
Sep 2026$203 M

Growth on a year earlier

  • Growth on a year earlier −41.1%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 2023−30.5%
Mar 2024−50.3%
Jun 2024–
Sep 2024−46.7%
Dec 2024408%
Mar 20256.8%
Jun 2025−30.4%
Sep 2025−1,331.5%
Dec 2025−89.5%
Mar 2026−32.9%
Jun 2026−41.1%
Sep 2026–
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

On average over the last four quarters, profit changed −54.5% and revenue +0.9%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does Avantor make, and is it growing?

Avantor, Inc. reported $1.7 B of revenue in the Sep 2026 quarter, +4.6% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 4 years it has grown −3.0% a year on average. The last full year, FY25, came in at $6.6 B.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to $6.6 B.

FY25 revenue was $6.6 B, −3.4% on the year before.

FY25 revenue $6.6 B (−3.4% on the year before), −3.0% a year over 4 years

  • Revenue $6.6 B
FY25 revenue $6.6 B (−3.4% on the year before), −3.0% a year over 4 years
QuarterRevenue
FY21$7.4 B
FY22$7.5 B
FY23$7.0 B
FY24$6.8 B
FY25$6.6 B

Growth on a year earlier

  • Growth on a year earlier −3.4%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY221.7%
FY23−7.3%
FY24−2.6%
FY25−3.4%
Top: revenue each year, $ B. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Sep 2026: $1.7 B (+4.6% on a year earlier), the 2nd quarter in a row of growth

  • Revenue (quarterly) $1.7 B
Sep 2026: $1.7 B (+4.6% on a year earlier), the 2nd quarter in a row of growth
QuarterRevenue (quarterly)
Dec 2023$1.7 B
Mar 2024$1.7 B
Jun 2024$1.7 B
Sep 2024$1.7 B
Dec 2024$1.7 B
Mar 2025$1.6 B
Jun 2025$1.7 B
Sep 2025$1.6 B
Dec 2025$1.7 B
Mar 2026$1.6 B
Jun 2026$1.7 B
Sep 2026$1.7 B

Growth on a year earlier

  • Growth on a year earlier 4.6%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 2023−4%
Mar 2024−5.6%
Jun 2024−2.4%
Sep 2024−0.3%
Dec 2024−2.1%
Mar 2025−5.9%
Jun 2025−1.1%
Sep 2025−5.3%
Dec 2025−1.4%
Mar 20260%
Jun 20260.5%
Sep 20264.6%
Top: revenue each quarter, $ B. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +0.9% on average, against −3.0% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +0.9%, against −1.4% a year over the last 8 quarters (stabilising).

How much of every $100 of sales does Avantor keep?

Avantor, Inc.'s operating margin was 8.2% in the Sep 2026 quarter, 0.3 percentage points lower than the same quarter a year ago. Across 5 years it has been between 8.9% and 15.3%. The latest quarter is below every full year in that period.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −0.3 percentage points on the year while gross margin changed −0.9 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

FY25: 8.9%, within a range of 8.9% to 15.3% over 5 years

  • Operating margin 8.9%
FY25: 8.9%, within a range of 8.9% to 15.3% over 5 years
QuarterOperating margin
FY2114.6%
FY2215.3%
FY2312.9%
FY2410.8%
FY258.9%

Change on the year before (points)

  • Change on the year before (points) −1.9 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22+0.7 pts
FY23−2.4 pts
FY24−2.1 pts
FY25−1.9 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Sep 2026: operating margin 8.2% (−0.3 points on a year earlier)

  • Operating margin 8.2%
Sep 2026: operating margin 8.2% (−0.3 points on a year earlier)
QuarterOperating margin
Dec 202312.9%
Mar 20248.7%
Jun 202410.4%
Sep 20247.3%
Dec 202417%
Mar 20259.4%
Jun 20257.6%
Sep 20258.5%
Dec 202510.2%
Mar 20266.3%
Jun 20267.2%
Sep 20268.2%

Change on a year earlier (points)

  • Change on a year earlier (points) −0.3 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Dec 2023−1.8 pts
Mar 2024−4.3 pts
Jun 2024−2.9 pts
Sep 2024−4.9 pts
Dec 2024+4.1 pts
Mar 2025+0.7 pts
Jun 2025−2.8 pts
Sep 2025+1.2 pts
Dec 2025−6.8 pts
Mar 2026−3.1 pts
Jun 2026−0.4 pts
Sep 2026−0.3 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Avantor's profit turning into cash?

Over the last 3 years, 151% of Avantor, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $624 M of operating cash against −$530 M of profit. After $129 M of spending on assets, $495 M was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $624 M against profit −$530 M; 151% of 3 years' profit came in as cash

  • Operating cash $624 M
  • Net profit −$530 M
  • Free cash $495 M
FY25: operating cash $624 M against profit −$530 M; 151% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY21$954 M$508 M$843 M
FY22$844 M$662 M$710 M
FY23$870 M$321 M$724 M
FY24$841 M$712 M$692 M
FY25$624 M−$530 M$495 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Sep 2026: operating cash $195 M = 96% of the quarter's profit

  • Operating cash (quarterly) $195 M
Sep 2026: operating cash $195 M = 96% of the quarter's profit
QuarterOperating cash (quarterly)
Dec 2023$252 M
Mar 2024$142 M
Jun 2024$281 M
Sep 2024$245 M
Dec 2024$173 M
Mar 2025$109 M
Jun 2025$154 M
Sep 2025$207 M
Dec 2025$153 M
Mar 2026$58.7 M
Jun 2026$178 M
Sep 2026$195 M

Operating cash as % of profit

  • Operating cash as % of profit 96%
Operating cash as % of profit
QuarterOperating cash as % of profit
Dec 2023255%
Mar 2024234%
Jun 2024303%
Sep 2024424%
Dec 202435%
Mar 2025169%
Jun 2025239%
Sep 2025–
Dec 2025291%
Mar 2026136%
Jun 2026468%
Sep 202696%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Avantor's cash go?

Avantor, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $424 M on assets over the last 3 years. Averaged over those years that is 2.2% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $424 M over the last 3 years.

FY25: capex $129 M, steady spending

  • Capex $129 M
FY25: capex $129 M, steady spending
QuarterCapex
FY21$111 M
FY22$133 M
FY23$146 M
FY24$149 M
FY25$129 M
Capital spending each year, $ M.

Sep 2026: capex $38.9 M in the quarter

  • Capex (quarterly) $38.9 M
Sep 2026: capex $38.9 M in the quarter
QuarterCapex (quarterly)
Dec 2023$50.6 M
Mar 2024$34.7 M
Jun 2024$45.8 M
Sep 2024$40.8 M
Dec 2024$27.5 M
Mar 2025$28.0 M
Jun 2025$29.6 M
Sep 2025$35.7 M
Dec 2025$35.5 M
Mar 2026$33.5 M
Jun 2026$37.6 M
Sep 2026$38.9 M

Free cash

  • Free cash $156 M
Free cash
QuarterFree cash
Dec 2023$201 M
Mar 2024$107 M
Jun 2024$235 M
Sep 2024$204 M
Dec 2024$146 M
Mar 2025$81.3 M
Jun 2025$125 M
Sep 2025$172 M
Dec 2025$117 M
Mar 2026$25.2 M
Jun 2026$141 M
Sep 2026$156 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: most of the cash goes on covering the loss, not on new assets; spending on assets is small next to it.

What is Avantor's P/E ratio, and how does it compare with its own history?

Avantor, Inc.'s P/E is 31.1×, in the middle of its own history: higher than 49% of past readings. Its usual P/E (the middle reading) is 31.1×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

P/E 31.1× against a usual 31.1×: in the middle of its own history: higher than 49% of past readings

  • P/E 31.3×
  • Median 31.1×
P/E 31.1× against a usual 31.1×: in the middle of its own history: higher than 49% of past readings
WeekP/EMedian
1 Apr 202238.7×31.1×
8 Apr 202236.3×31.1×
14 Apr 202235.6×31.1×
22 Apr 202234.0×31.1×
29 Apr 202236.1×31.1×
6 May 202235.2×31.1×
13 May 202234.0×31.1×
20 May 202235.4×31.1×
27 May 202237.4×31.1×
3 Jun 202237.0×31.1×
10 Jun 202234.8×31.1×
17 Jun 202233.8×31.1×
24 Jun 202235.8×31.1×
1 Jul 202234.4×31.1×
8 Jul 202234.2×31.1×
15 Jul 202231.3×31.1×
22 Jul 202233.7×31.1×
29 Jul 202231.6×31.1×
5 Aug 202231.1×31.1×
12 Aug 202231.1×31.1×
19 Aug 202228.9×31.1×
26 Aug 202227.8×31.1×
2 Sep 202226.7×31.1×
9 Sep 202228.1×31.1×
16 Sep 202224.5×31.1×
23 Sep 202222.4×31.1×
30 Sep 202221.1×31.1×
7 Oct 202221.7×31.1×
14 Oct 202221.1×31.1×
21 Oct 202221.2×31.1×
28 Oct 202220.7×31.1×
4 Nov 202221.6×31.1×
11 Nov 202223.3×31.1×
18 Nov 202222.5×31.1×
25 Nov 202223.1×31.1×
2 Dec 202224.5×31.1×
9 Dec 202223.2×31.1×
16 Dec 202222.3×31.1×
23 Dec 202222.2×31.1×
30 Dec 202222.8×31.1×
6 Jan 202319.8×31.1×
13 Jan 202321.8×31.1×
20 Jan 202322.8×31.1×
27 Jan 202323.8×31.1×
3 Feb 202322.8×31.1×
10 Feb 202323.7×31.1×
17 Feb 202324.3×31.1×
24 Feb 202324.3×31.1×
3 Mar 202324.8×31.1×
10 Mar 202321.0×31.1×
17 Mar 202320.5×31.1×
24 Mar 202320.6×31.1×
31 Mar 202323.1×31.1×
6 Apr 202322.7×31.1×
14 Apr 202322.7×31.1×
21 Apr 202322.1×31.1×
28 Apr 202321.3×31.1×
5 May 202322.0×31.1×
12 May 202322.2×31.1×
19 May 202322.9×31.1×
26 May 202322.6×31.1×
2 Jun 202321.9×31.1×
9 Jun 202321.5×31.1×
16 Jun 202321.9×31.1×
23 Jun 202321.5×31.1×
30 Jun 202332.8×31.1×
7 Jul 202333.1×31.1×
14 Jul 202333.4×31.1×
21 Jul 202336.7×31.1×
28 Jul 202334.0×31.1×
4 Aug 202333.1×31.1×
11 Aug 202333.1×31.1×
18 Aug 202334.2×31.1×
25 Aug 202334.8×31.1×
1 Sep 202334.7×31.1×
8 Sep 202332.3×31.1×
15 Sep 202334.9×31.1×
22 Sep 202333.7×31.1×
29 Sep 202333.7×31.1×
6 Oct 202338.4×31.1×
13 Oct 202339.0×31.1×
20 Oct 202338.2×31.1×
27 Oct 202333.1×31.1×
3 Nov 202334.1×31.1×
10 Nov 202334.5×31.1×
17 Nov 202336.0×31.1×
24 Nov 202337.8×31.1×
1 Dec 202339.7×31.1×
8 Dec 202339.0×31.1×
15 Dec 202342.8×31.1×
22 Dec 202342.6×31.1×
29 Dec 202342.4×31.1×
5 Jan 202446.5×31.1×
12 Jan 202446.9×31.1×
19 Jan 202446.0×31.1×
26 Jan 202448.3×31.1×
2 Feb 202449.9×31.1×
9 Feb 202449.5×31.1×
16 Feb 202450.7×31.1×
23 Feb 202451.9×31.1×
1 Mar 202453.3×31.1×
8 Mar 202454.7×31.1×
15 Mar 202453.5×31.1×
22 Mar 202455.6×31.1×
28 Mar 202454.5×31.1×
5 Apr 202465.4×31.1×
12 Apr 202465.4×31.1×
19 Apr 202463.8×31.1×
26 Apr 202463.3×31.1×
3 May 202465.4×31.1×
10 May 202465.4×31.1×
17 May 202465.4×31.1×
24 May 202463.9×31.1×
31 May 202463.7×31.1×
7 Jun 202463.5×31.1×
14 Jun 202457.4×31.1×
21 Jun 202458.5×31.1×
28 Jun 202456.1×31.1×
5 Jul 202440.0×31.1×
12 Jul 202439.5×31.1×
19 Jul 202439.6×31.1×
26 Jul 202448.7×31.1×
2 Aug 202448.7×31.1×
9 Aug 202447.5×31.1×
16 Aug 202448.1×31.1×
23 Aug 202448.8×31.1×
30 Aug 202449.1×31.1×
6 Sep 202448.6×31.1×
13 Sep 202451.1×31.1×
20 Sep 202451.3×31.1×
27 Sep 202449.1×31.1×
4 Oct 202456.8×31.1×
11 Oct 202455.5×31.1×
18 Oct 202455.5×31.1×
25 Oct 202450.3×31.1×
1 Nov 202450.0×31.1×
8 Nov 202450.6×31.1×
15 Nov 202446.5×31.1×
22 Nov 202446.6×31.1×
29 Nov 202447.2×31.1×
6 Dec 202448.0×31.1×
13 Dec 202450.1×31.1×
20 Dec 202447.6×31.1×
27 Dec 202448.0×31.1×
3 Jan 202521.0×31.1×
10 Jan 202520.9×31.1×
17 Jan 202521.4×31.1×
24 Jan 202521.3×31.1×
31 Jan 202521.5×31.1×
7 Feb 202518.5×31.1×
14 Feb 202517.3×31.1×
21 Feb 202516.7×31.1×
28 Feb 202516.1×31.1×
7 Mar 202516.9×31.1×
14 Mar 202515.8×31.1×
21 Mar 202516.0×31.1×
28 Mar 202515.6×31.1×
4 Apr 202514.6×31.1×
11 Apr 202514.7×31.1×
17 Apr 202514.6×31.1×
25 Apr 202512.5×31.1×
2 May 202512.4×31.1×
9 May 202511.6×31.1×
16 May 202512.9×31.1×
23 May 202512.3×31.1×
30 May 202512.5×31.1×
6 Jun 202512.6×31.1×
13 Jun 202512.6×31.1×
20 Jun 202513.1×31.1×
27 Jun 202513.1×31.1×
3 Jul 202514.0×31.1×
11 Jul 202513.7×31.1×
18 Jul 202513.4×31.1×
25 Jul 202514.4×31.1×
1 Aug 202511.5×31.1×
8 Aug 202511.6×31.1×
15 Aug 202513.1×31.1×
22 Aug 202513.4×31.1×
29 Aug 202513.6×31.1×
5 Sep 202513.5×31.1×
12 Sep 202512.4×31.1×
19 Sep 202512.6×31.1×
26 Sep 202512.0×31.1×
3 Oct 202514.4×31.1×
10 Oct 202513.6×31.1×
17 Oct 202514.9×31.1×
24 Oct 202515.6×31.1×
31 Oct 202511.9×31.1×
7 Nov 202511.7×31.1×
14 Nov 202511.5×31.1×
21 Nov 202511.7×31.1×
28 Nov 202511.9×31.1×
5 Dec 202511.1×31.1×
12 Dec 202511.3×31.1×
19 Dec 202511.4×31.1×
26 Dec 202511.6×31.1×
2 Jan 202611.6×31.1×
9 Jan 202612.6×31.1×
16 Jan 202612.3×31.1×
23 Jan 202611.9×31.1×
30 Jan 202611.0×31.1×
2 Oct 202631.1×31.1×
9 Oct 202631.7×31.1×
16 Oct 202633.2×31.1×
23 Oct 202635.0×31.1×
30 Oct 202632.5×31.1×
6 Nov 202631.3×31.1×

Earnings per share, 12 months

  • Earnings per share, 12 months $0.49
Earnings per share, 12 months
WeekEarnings per share, 12 months
1 Apr 2022–
8 Apr 2022–
14 Apr 2022–
22 Apr 2022–
29 Apr 2022–
6 May 2022–
13 May 2022–
20 May 2022–
27 May 2022–
3 Jun 2022–
10 Jun 2022–
17 Jun 2022–
24 Jun 2022$0.88
1 Jul 2022$0.88
8 Jul 2022$0.88
15 Jul 2022$0.88
22 Jul 2022$0.88
29 Jul 2022$0.88
5 Aug 2022$0.88
12 Aug 2022$0.88
19 Aug 2022$0.88
26 Aug 2022$0.88
2 Sep 2022$0.88
9 Sep 2022$0.88
16 Sep 2022$0.88
23 Sep 2022$0.88
30 Sep 2022$0.93
7 Oct 2022$0.93
14 Oct 2022$0.93
21 Oct 2022$0.93
28 Oct 2022$0.93
4 Nov 2022$0.93
11 Nov 2022$0.93
18 Nov 2022$0.93
25 Nov 2022$0.93
2 Dec 2022$0.93
9 Dec 2022$0.93
16 Dec 2022$0.93
23 Dec 2022$0.93
30 Dec 2022$0.93
6 Jan 2023$0.93
13 Jan 2023$0.93
20 Jan 2023$0.93
27 Jan 2023$0.93
3 Feb 2023$0.93
10 Feb 2023$0.93
17 Feb 2023$0.93
24 Feb 2023$0.93
3 Mar 2023$0.93
10 Mar 2023$0.93
17 Mar 2023$0.93
24 Mar 2023$0.93
31 Mar 2023$0.91
6 Apr 2023$0.91
14 Apr 2023$0.91
21 Apr 2023$0.91
28 Apr 2023$0.91
5 May 2023$0.91
12 May 2023$0.91
19 May 2023$0.91
26 May 2023$0.91
2 Jun 2023$0.91
9 Jun 2023$0.91
16 Jun 2023$0.91
23 Jun 2023$0.91
30 Jun 2023$0.63
7 Jul 2023$0.63
14 Jul 2023$0.63
21 Jul 2023$0.63
28 Jul 2023$0.63
4 Aug 2023$0.63
11 Aug 2023$0.63
18 Aug 2023$0.63
25 Aug 2023$0.63
1 Sep 2023$0.63
8 Sep 2023$0.63
15 Sep 2023$0.63
22 Sep 2023$0.63
29 Sep 2023$0.63
6 Oct 2023$0.63
13 Oct 2023$0.63
20 Oct 2023$0.63
27 Oct 2023$0.63
3 Nov 2023$0.63
10 Nov 2023$0.63
17 Nov 2023$0.63
24 Nov 2023$0.63
1 Dec 2023$0.63
8 Dec 2023$0.63
15 Dec 2023$0.63
22 Dec 2023$0.63
29 Dec 2023$0.54
5 Jan 2024$0.54
12 Jan 2024$0.54
19 Jan 2024$0.54
26 Jan 2024$0.54
2 Feb 2024$0.54
9 Feb 2024$0.54
16 Feb 2024$0.54
23 Feb 2024$0.54
1 Mar 2024$0.54
8 Mar 2024$0.54
15 Mar 2024$0.54
22 Mar 2024$0.54
28 Mar 2024$0.47
5 Apr 2024$0.47
12 Apr 2024$0.47
19 Apr 2024$0.47
26 Apr 2024$0.47
3 May 2024$0.47
10 May 2024$0.47
17 May 2024$0.47
24 May 2024$0.47
31 May 2024$0.47
7 Jun 2024$0.47
14 Jun 2024$0.47
21 Jun 2024$0.47
28 Jun 2024$0.38
5 Jul 2024$0.38
12 Jul 2024$0.38
19 Jul 2024$0.38
26 Jul 2024$0.38
2 Aug 2024$0.38
9 Aug 2024$0.38
16 Aug 2024$0.38
23 Aug 2024$0.38
30 Aug 2024$0.38
6 Sep 2024$0.38
13 Sep 2024$0.38
20 Sep 2024$0.38
27 Sep 2024$0.53
4 Oct 2024$0.53
11 Oct 2024$0.53
18 Oct 2024$0.53
25 Oct 2024$0.53
1 Nov 2024$0.53
8 Nov 2024$0.53
15 Nov 2024$0.53
22 Nov 2024$0.53
29 Nov 2024$0.53
6 Dec 2024$0.53
13 Dec 2024$0.53
20 Dec 2024$0.53
27 Dec 2024$0.45
3 Jan 2025$0.45
10 Jan 2025$0.45
17 Jan 2025$0.45
24 Jan 2025$0.45
31 Jan 2025$0.45
7 Feb 2025$0.45
14 Feb 2025$0.45
21 Feb 2025$0.45
28 Feb 2025$0.45
7 Mar 2025$0.45
14 Mar 2025$0.45
21 Mar 2025$0.45
28 Mar 2025$1.03
4 Apr 2025$1.03
11 Apr 2025$1.03
17 Apr 2025$1.03
25 Apr 2025$1.03
2 May 2025$1.03
9 May 2025$1.03
16 May 2025$1.03
23 May 2025$1.03
30 May 2025$1.03
6 Jun 2025$1.03
13 Jun 2025$1.03
20 Jun 2025$1.03
27 Jun 2025$1.04
3 Jul 2025$1.04
11 Jul 2025$1.04
18 Jul 2025$1.04
25 Jul 2025$1.04
1 Aug 2025$1.04
8 Aug 2025$1.04
15 Aug 2025$1.04
22 Aug 2025$1.04
29 Aug 2025$1.04
5 Sep 2025$1.04
12 Sep 2025$1.04
19 Sep 2025$1.04
26 Sep 2025$0.99
3 Oct 2025$0.99
10 Oct 2025$0.99
17 Oct 2025$0.99
24 Oct 2025$0.99
31 Oct 2025$0.99
7 Nov 2025$0.99
14 Nov 2025$0.99
21 Nov 2025$0.99
28 Nov 2025$0.99
5 Dec 2025$0.99
12 Dec 2025$0.99
19 Dec 2025$0.99
26 Dec 2025$0.99
2 Jan 2026$0.99
9 Jan 2026$0.99
16 Jan 2026$0.99
23 Jan 2026$0.99
30 Jan 2026$0.99
2 Oct 2026$0.99
9 Oct 2026$0.99
16 Oct 2026$0.99
23 Oct 2026$0.99
30 Oct 2026$0.99
6 Nov 2026$0.49
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 4.6 years of history; short peaks above 65× are drawn at the top edge.

PEG 16.68 at the Sep 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 6.00×
  • PEG = 1.0 1.00×
PEG 16.68 at the Sep 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Sep 20211.21×1.00×
Dec 20211.33×1.00×
Mar 20220.84×1.00×
Jun 20220.87×1.00×
Sep 20220.85×1.00×
Dec 20220.92×1.00×
Mar 20231.10×1.00×
Jun 20231.40×1.00×
Sep 20231.24×1.00×
Dec 20232.62×1.00×
Mar 20241.98×1.00×
Jun 20242.18×1.00×
Sep 20241.91×1.00×
Dec 20241.81×1.00×
Mar 20251.56×1.00×
Jun 20251.33×1.00×
Sep 20252.42×1.00×
Dec 20256.00×1.00×
Mar 20266.00×1.00×
Jun 20266.00×1.00×
Sep 20266.00×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 21 quarters; values above 6 are drawn at the top edge.
31.1×P/E · lower than 51% of its last 4.6 years
13.45PEG · today, as reported

Why the multiple is where it is: over the past year earnings per share moved −175.0% while the price moved +33.9%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 3 years the price moved −5.6% a year; about −2.8% a year came from earnings growth and about −2.8 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple.

Is the Avantor business getting better or worse?

Avantor, Inc.'s business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 6.0%; each line tells part of the story. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue −3.4% in FY25, profit −174.5%

  • Revenue growth −3.4%
Growth year by year: revenue −3.4% in FY25, profit −174.5%
QuarterRevenue growth
FY21–
FY221.7%
FY23−7.3%
FY24−2.6%
FY25−3.4%

Profit growth, EPS growth

  • Profit growth −174.5%
  • EPS growth −175%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY2230.4%18.9%
FY23−51.5%−53.5%
FY24121.6%121.3%
FY25−174.5%−175%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue stabilising

  • Revenue 0.9%
Three growth lines over twelve quarters: revenue stabilising
QuarterRevenue
Dec 2023−7.3%
Mar 2024−6.5%
Jun 2024−4.9%
Sep 2024−3.1%
Dec 2024−2.6%
Mar 2025−2.6%
Jun 2025−2.3%
Sep 2025−3.6%
Dec 2025−3.4%
Mar 2026−2%
Jun 2026−1.6%
Sep 20260.9%

Profit, EPS

  • Profit −184.1%
  • EPS −186%
Profit, EPS
QuarterProfitEPS
Dec 2023−51.5%−53.6%
Mar 2024−57.3%−58.5%
Jun 2024−14.8%−16%
Sep 2024−15%−17.2%
Dec 2024121.6%120.6%
Mar 2025175.2%173.8%
Jun 202590.8%88.1%
Sep 2025−126.6%−130.3%
Dec 2025−174.5%−176%
Mar 2026−177.1%−178.9%
Jun 2026−184.1%−186%
Sep 2026––
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 6%
ROCE: the return line, worked out each quarter
QuarterROCE
Dec 20237.7%
Mar 20247.1%
Jun 20246.7%
Sep 20246%
Dec 2024–
Mar 2025–
Jun 2025–
Sep 2025–
Dec 2025–
Mar 2026–
Jun 2026–
Sep 2026–
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
Stuck lowRevenue growth · latest +0.9%, range −7.3% to +0.9%
FallingProfit growth · latest −184.1%, range −184.1% to +175.2%
FallingEPS growth · latest −186.0%, range −186.0% to +173.8%
Stuck lowROCE · latest 6.0%, range 6.0% to 7.7%

Why it matters: when the lines disagree, each line above matters more than any single label.

The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue−3.4%−4.5%——
Stock price+33.9%−5.6%−16.5%—
+4.6%Revenue growth (Sep 2026) · latest quarter against a year ago
−3.0%Revenue, 4 years · yearly growth over the long run

How much does Avantor earn on its capital?

Avantor, Inc. earned a ROE of −10% in FY25. Its return on capital used (ROIC) is 2.4 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −8.1% net margin and 0.56× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY25): a −8.1% net margin × 0.56× asset turnover × 2.12× leverage (assets divided by equity) ≈ −9.6% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 5.8% − 8.2% = −2.4 percentage points. The 8.2% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

FY25: ROE −10%, the full history

  • ROE −9.5%
  • ROIC (annual) 6%
  • Cost of capital 8.2%
FY25: ROE −10%, the full history
QuarterROEROIC (annual)Cost of capital
FY2112.1%8.9%8.2%
FY2213.6%8.5%8.2%
FY236.1%6.5%8.2%
FY2411.9%6%8.2%
FY25−9.5%6%8.2%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 8.2% cost of capital used on this page.

Sep 2026: ROIC 4.2% (last 12 months) against a 8.2% cost of capital

  • ROIC (12 months) 4.2%
  • ROE (12 months) −22.4%
  • Cost of capital 8.2%
Sep 2026: ROIC 4.2% (last 12 months) against a 8.2% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Dec 20237.1%36%8.2%
Mar 20246.6%27.8%8.2%
Jun 20245.8%25.8%8.2%
Sep 20245.2%24.1%8.2%
Dec 20245.8%30.4%8.2%
Mar 20255.9%37.9%8.2%
Jun 20255.5%42.7%8.2%
Sep 20256.2%35.4%8.2%
Dec 20254.8%13.5%8.2%
Mar 20264.5%−8.4%8.2%
Jun 20264%−29.8%8.2%
Sep 20264.2%−22.4%8.2%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Avantor have too much debt?

Avantor, Inc. has total debt of $3.7 B against shareholder equity of $5.8 B as of Sep 2026, so its debt is 0.63× its equity. Year by year, that ratio went from 1.70 in FY21 to 0.74 in FY25. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $4.1 B, 0.74× equity

  • Total debt $4.1 B
FY25: debt $4.1 B, 0.74× equity
QuarterTotal debt
FY21$7.1 B
FY22$6.4 B
FY23$5.7 B
FY24$4.2 B
FY25$4.1 B

Debt-to-equity

  • Debt-to-equity 0.74×
Debt-to-equity
QuarterDebt-to-equity
FY211.70×
FY221.32×
FY231.08×
FY240.71×
FY250.74×
Top: total debt each year, $ B. Below: debt-to-equity, ×. 5-year window.

Sep 2026: debt $3.7 B, debt-to-equity 0.63

  • Total debt (quarterly) $3.7 B
Sep 2026: debt $3.7 B, debt-to-equity 0.63
QuarterTotal debt (quarterly)
Dec 2023$5.7 B
Mar 2024$5.3 B
Jun 2024$5.1 B
Sep 2024$4.9 B
Dec 2024$4.2 B
Mar 2025$4.1 B
Jun 2025$4.2 B
Sep 2025$3.9 B
Dec 2025$4.1 B
Mar 2026$3.8 B
Jun 2026$3.7 B
Sep 2026$3.7 B

Debt-to-equity

  • Debt-to-equity 0.63×
Debt-to-equity
QuarterDebt-to-equity
Dec 20231.08×
Mar 20241.00×
Jun 20240.94×
Sep 20240.89×
Dec 20240.71×
Mar 20250.67×
Jun 20250.67×
Sep 20250.69×
Dec 20250.74×
Mar 20260.68×
Jun 20260.66×
Sep 20260.63×
Top: total debt each quarter, $ B. Below: debt-to-equity, ×. Last 12 quarters.

What is the Avantor shareholding pattern?

5.3% of Avantor, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.1 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

5.3%Short interest · of the tradable float
4.1Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Avantor from balance-sheet trouble?

For Avantor, Inc., the Z-score is 1.86. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 1.86 is in the grey area, neither clearly safe nor clearly in trouble.

How does Avantor rank in its industry?

50.8 out of 100, rank 10 of 30 in Medical Instruments & Supplies, with 64% of the evidence available.

Avantor, Inc. scores 50.8 out of 100 against the 30 companies it is compared with in Medical Instruments & Supplies, ranking 10. Relative strength against the index is 34.2%, and revenue and profit growth are weak.

The four parts add up to the total exactly: 11.8 + 10.8 + 9.9 + 18.3 = 50.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Avantor compared with?

Avantor ranks 10 of 30 Medical Instruments & Supplies companies on the 4-Factor Sector Score, with 50.8 out of 100.

  1. 1West Pharmaceutical Services, Inc.WST · breaking out · Most evidence points up · 81% evidence76.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 27.6/35 · Revenue 12.5% · Profit 29.9% · Operating margin change 3.6 points · 83% evidenceCapital efficiency 21.2/25 · ROCE 22.7% · Operating margin 25.4% · 76% evidenceValuation 11.5/20 · P/E 40.8× · PEG 1.28 · 65% evidenceRelative strength 16.2/20 · Lead over its industry 10.9% · Lead over S&P 500 27.8% · 1 year 47.5% · 100% evidence · 5 of 12 weeks aheadExact sum: 27.6 + 21.2 + 11.5 + 16.2 = 76.5 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2ResMed Inc.RMD · breaking out · Evidence leans up · 81% evidence62.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.7/35 · Revenue 9% · Profit 10.7% · Operating margin change 0.2 points · 83% evidenceCapital efficiency 21.6/25 · ROCE 28.3% · Operating margin 34.8% · 76% evidenceValuation 10.7/20 · P/E 19.9× · PEG 1.6 · 65% evidenceRelative strength 9.0/20 · Lead over its industry -13.1% · Lead over S&P 500 0.1% · 1 year -6.4% · 100% evidence · 11 of 12 weeks aheadExact sum: 20.7 + 21.6 + 10.7 + 9 = 62 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Align Technology, Inc.ALGN · turning · Evidence leans up · 81% evidence61.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.5/35 · Revenue 4.5% · Profit 29.8% · Operating margin change 4.4 points · 83% evidenceCapital efficiency 19.1/25 · ROCE 17.2% · Operating margin 20.1% · 76% evidenceValuation 15.1/20 · P/E 21× · PEG 0.63 · 65% evidenceRelative strength 3.3/20 · Lead over its industry -16% · Lead over S&P 500 -2.8% · 1 year 23.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 23.5 + 19.1 + 15.1 + 3.3 = 61 · What this means: Earnings are strong; relative strength in its sector is -16% and the one-year return is 23.1%.
  4. 4Merit Medical Systems, Inc.MMSI · losing its lead · Evidence leans up · 81% evidence60.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.5/35 · Revenue 9.2% · Profit 34.5% · Operating margin change 3 points · 83% evidenceCapital efficiency 14.6/25 · ROCE 8.5% · Operating margin 14.1% · 76% evidenceValuation 13.5/20 · P/E 32.2× · PEG 0.87 · 65% evidenceRelative strength 7.4/20 · Lead over its industry -5.7% · Lead over S&P 500 8.2% · 1 year -0.4% · 100% evidence · 10 of 12 weeks aheadExact sum: 24.5 + 14.6 + 13.5 + 7.4 = 60 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5Intuitive Surgical, Inc.ISRG · breaking out · Evidence leans up · 81% evidence58.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.3/35 · Revenue 20.4% · Profit 7.7% · Operating margin change 3 points · 83% evidenceCapital efficiency 21.1/25 · ROCE 22% · Operating margin 33.3% · 76% evidenceValuation 4.7/20 · P/E 48.6× · PEG 5.33 · 65% evidenceRelative strength 7.2/20 · Lead over its industry -16.6% · Lead over S&P 500 -3.8% · 1 year -19.2% · 100% evidence · 4 of 12 weeks aheadExact sum: 25.3 + 21.1 + 4.7 + 7.2 = 58.3 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value.
  6. 6AtriCure, Inc.ATRC · leader · Evidence leans up · 64% evidence57.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.8/35 · Revenue 13.9% · Profit — · Operating margin change 2.6 points · 62% evidenceCapital efficiency 6.1/25 · ROCE 2.7% · Operating margin 2.8% · 76% evidenceValuation 8.7/20 · P/E 192.1× · PEG — · 15% evidenceRelative strength 19.6/20 · Lead over its industry 30.4% · Lead over S&P 500 48.8% · 1 year 82.7% · 100% evidence · 12 of 12 weeks aheadExact sum: 22.8 + 6.1 + 8.7 + 19.6 = 57.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Bausch + Lomb CorporationBLCO · turning · Evidence leans up · 64% evidence56.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 21.4/35 · Revenue 8.9% · Profit — · Operating margin change 7.3 points · 62% evidenceCapital efficiency 8.3/25 · ROCE 4.3% · Operating margin 13.5% · 76% evidenceValuation 11.5/20 · P/E -54.7× · PEG — · 15% evidenceRelative strength 15.1/20 · Lead over its industry 1.3% · Lead over S&P 500 16.7% · 1 year 28.6% · 100% evidence · 8 of 12 weeks aheadExact sum: 21.4 + 8.3 + 11.5 + 15.1 = 56.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8Becton, Dickinson and CompanyBDX · leader · Evidence leans up · 71% evidence53.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 13.6/35 · Revenue 0.1% · Profit -31.8% · Operating margin change 0.7 points · 83% evidenceCapital efficiency 14.2/25 · ROCE 7.4% · Operating margin 18.6% · 76% evidenceValuation 9.5/20 · P/E 42.6× · PEG — · 15% evidenceRelative strength 16.5/20 · Lead over its industry 2.5% · Lead over S&P 500 17.7% · 1 year 19.3% · 100% evidence · 12 of 12 weeks aheadExact sum: 13.6 + 14.2 + 9.5 + 16.5 = 53.8 · What this means: Relative strength against the index is 17.7%, and revenue and profit growth are weak.
  9. 9The Cooper Companies, Inc.COO · basing · Evidence leans up · 81% evidence50.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.3/35 · Revenue 4.8% · Profit 40% · Operating margin change 4.2 points · 83% evidenceCapital efficiency 13.4/25 · ROCE 5.1% · Operating margin 20.8% · 76% evidenceValuation 15.3/20 · P/E 24.7× · PEG 0.56 · 65% evidenceRelative strength 1.9/20 · Lead over its industry -25.7% · Lead over S&P 500 -14.4% · 1 year -11% · 100% evidence · 2 of 12 weeks aheadExact sum: 20.3 + 13.4 + 15.3 + 1.9 = 50.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10Avantor, Inc. this pageAVTR · leader · Evidence leans up · 64% evidence50.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 11.8/35 · Revenue 0.9% · Profit — · Operating margin change -0.3 points · 62% evidenceCapital efficiency 10.8/25 · ROCE 5.1% · Operating margin 8.2% · 76% evidenceValuation 9.9/20 · P/E 30.2× · PEG — · 15% evidenceRelative strength 18.3/20 · Lead over its industry 17.6% · Lead over S&P 500 34.2% · 1 year 33.9% · 100% evidence · 12 of 12 weeks aheadExact sum: 11.8 + 10.8 + 9.9 + 18.3 = 50.8 · What this means: Relative strength against the index is 34.2%, and revenue and profit growth are weak.
  11. 11Teleflex IncorporatedTFX · turning · Evidence leans up · 64% evidence50.7out of 100GrowthCapitalValuationRelative
  12. 12Azenta, Inc.AZTA · leader · Too little evidence to rank firmly · 51% evidence50.7out of 100GrowthCapitalValuationRelative
  13. 13Kestra Medical Technologies, Ltd.KMTS · breaking out · Evidence leans up · 61% evidence50.3out of 100GrowthCapitalValuationRelative
  14. 14LeMaitre Vascular, Inc.LMAT · turning · Evidence leans down · 81% evidence49.6out of 100GrowthCapitalValuationRelative
  15. 15Baxter International Inc.BAX · quiet · Evidence leans down · 64% evidence49.0out of 100GrowthCapitalValuationRelative
  16. 16Envista Holdings CorporationNVST · quiet · Too little evidence to rank firmly · 58% evidence45.3out of 100GrowthCapitalValuationRelative
  17. 17STAAR Surgical CompanySTAA · turning · Evidence leans down · 74% evidence44.5out of 100GrowthCapitalValuationRelative
  18. 18AptarGroup, Inc.ATR · turning · Evidence leans down · 81% evidence43.6out of 100GrowthCapitalValuationRelative
  19. 19ICU Medical, Inc.ICUI · quiet · Evidence leans down · 64% evidence42.9out of 100GrowthCapitalValuationRelative
  20. 20Repligen CorporationRGEN · leader · Evidence leans down · 71% evidence42.5out of 100GrowthCapitalValuationRelative
  21. 21Stevanato Group S.p.A.STVN · quiet · Evidence leans down · 81% evidence41.1out of 100GrowthCapitalValuationRelative
  22. 22Solventum CorporationSOLV · turning · Evidence leans down · 71% evidence39.0out of 100GrowthCapitalValuationRelative
  23. 23Medline Inc.MDLN · turning · Too little evidence to rank firmly · 51% evidence37.8out of 100GrowthCapitalValuationRelative
  24. 24Warby Parker Inc.WRBY · turning · Most evidence points down · 64% evidence33.5out of 100GrowthCapitalValuationRelative
  25. 25DENTSPLY SIRONA Inc.XRAY · basing · Most evidence points down · 64% evidence29.3out of 100GrowthCapitalValuationRelative
  26. 26Pulse Biosciences, Inc.PLSE · leader · Too little evidence to rank firmly · 47% evidence50.9out of 100GrowthCapitalValuationRelative
  27. 27BioLife Solutions, Inc.BLFS · Too little evidence to rank firmly · 31% evidence48.3out of 100GrowthCapitalValuationRelative
  28. 28Alcon Inc.ALC · turning · Too little evidence to rank firmly · 49% evidence47.5out of 100GrowthCapitalValuationRelative
  29. 29MiniMed Group, Inc.MMED · quiet · Too little evidence to rank firmly · 38% evidence39.5out of 100GrowthCapitalValuationRelative
  30. 30Alamar Biosciences, Inc.ALMR · turning · Too little evidence to rank firmly · 33% evidence34.1out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Dec 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Medical Instruments & Supplies, all 30 compared on one page.

Which companies are close to Avantor in size?

Avantor is the 12th largest of 38 Medical Instruments & Supplies companies on Sector Alpha by market value (scores of 6 November 2026). Just above it: The Cooper Companies, Inc., Align Technology, Inc. and Repligen Corporation. Just below it: AptarGroup, Inc., Bausch + Lomb Corporation and Teleflex Incorporated.

Medical Instruments & Supplies companies close in size

  1. The Cooper Companies, Inc. $11.9 billion
  2. Align Technology, Inc. $11.7 billion
  3. Repligen Corporation $11.1 billion
  4. Avantor, Inc. $10.5 billion
  5. AptarGroup, Inc. $9 billion
  6. Bausch + Lomb Corporation $7.1 billion
  7. Teleflex Incorporated $6 billion

All 38 Medical Instruments & Supplies companies, largest first

Companies close in size in other industries

  1. Life Time Group Holdings, Inc. $10.6 billion · Leisure
  2. Paycom Software, Inc. $10.5 billion · Software - Application
  3. Avantor, Inc. $10.5 billion
  4. The Ensign Group, Inc. $10.5 billion · Medical Care Facilities
  5. OGE Energy Corp. $10.5 billion · Utilities - Regulated Electric

What else do people ask about Avantor?

What were Avantor's latest quarterly results?

Avantor, Inc. reported revenue of $1.7 B and net profit of $203 M for the Sep 2026 quarter. Earnings per share were $0.30. The operating margin was 8.2%, 0.3 percentage points lower than a year earlier (as of 6 November 2026).

What is Avantor's market cap?

Avantor, Inc.'s market capitalisation is $10.5 B at a stock price of $15.47. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 6 November 2026).

How is Avantor performing?

Avantor, Inc.'s share price has been stalling near its high for 18 weeks. Over the past 13 weeks it has done better than the S&P 500, for 23 weeks running. This describes what the data did, not a rating (as of 6 November 2026).

Will Avantor's stock price go up?

This page does not forecast Avantor, Inc.'s stock price. What it shows instead: the stock price is $15.47, and it has been stalling near its high for 18 weeks. Its P/E of 31.1× is higher than 49% of its own last 5 years (as of 6 November 2026).

Is Avantor's profit real cash?

Yes, over the last 3 years, 151% of Avantor, Inc.'s reported profit came in as cash from operations. The latest year was lower at -118%, so the trend is worth watching. In FY25, operating cash was $624 M against reported profit of −$530 M.

Most of that cash then goes into building new capacity. These are yearly figures (as of 6 November 2026).

Where is Avantor in its business cycle?

Avantor, Inc.'s FY25 operating margin was 8.9%, against a 5-year range of 8.9% to 15.3%: the low end of its own range, which is often where recoveries start. The latest quarter was 8.2%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 6 November 2026).

What could break the Avantor story?

The main question: the share price moved +33.9% in a year while yearly earnings per share moved −175.0%. The difference came from the market paying a higher multiple.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 6 November 2026).

Is Avantor a stock worth studying right now?

What the numbers show: Avantor, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 6 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 6 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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