# Avantor, Inc. (AVTR) · Edgar & Edgarette company card

> Avantor (AVTR) saw revenue fall 3.4% in FY2025 to $6.6 billion, operating margin -3.8% against a -1.0% median for laboratory analytical instruments, equity 47.2% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1722482 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/AVTR) · [JSON](https://www.pops4.com/boards/company/AVTR.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $6.6B |
| Revenue growth, 1 year | -3.4% |
| Revenue growth per year | -3.0% |
| Operating margin | -3.8% (prior year 16.0%) |
| Net margin | -8.1% |
| Operating cash flow | $624M |
| Capital spending | $129M |
| Free cash flow | $495M |
| Cash | $365M |
| Long-term debt | $3.9B |
| Total assets | $11.8B |
| Total equity | $5.6B |
| Equity ÷ assets | 47.2% |
| Return on equity | -9.5% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 1.86 (grey zone)
- Piotroski F: 4 of 9 (middling)
- Beneish M: -2.91 (below the −1.78 line)
- Health Harbor boat: Sound ship · one warning sign · operating loss: a margin of -3.8% in FY2025
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $6.6B (FY2025), total debt $3.9B. Experience: revenue down 3.4% on the year, down 3.0% a year over 4 years; operating margin -3.8%, down from 16.0%. Soundness: equity 47.2% of assets, return on equity -9.5%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $5.6B and $6.7B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $5.2B to $7.2B. A statistical range, not company guidance. Against peers (12 filers, $50M+ revenue, laboratory analytical instruments): operating margin -3.8% against a -1.0% median; growth -3.4% against 1.1%.

Range logged 2026-09-24, receipt 1ada7734d6249169, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 8, latest 2026-11-03 ([filing](https://www.sec.gov/Archives/edgar/data/1722482/000162828026069641/0001628280-26-069641-index.htm))

## Recent filings

- 8-K · filed 2026-11-03 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1722482/000162828026069641/0001628280-26-069641-index.htm)
- 10-Q · filed 2026-10-28 · [filing](https://www.sec.gov/Archives/edgar/data/1722482/000162828026067751/0001628280-26-067751-index.htm)
- 8-K · filed 2026-10-28 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1722482/000162828026067710/0001628280-26-067710-index.htm)
- 8-K · filed 2026-09-21 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1722482/000094787126000877/0000947871-26-000877-index.htm)
- 8-K · filed 2026-09-21 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1722482/000094787126000876/0000947871-26-000876-index.htm)
- 10-Q · filed 2026-07-29 · [filing](https://www.sec.gov/Archives/edgar/data/1722482/000162828026050415/0001628280-26-050415-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001722482.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1722482

## Cite

POPS4, Edgar & Edgarette: Avantor, Inc. (AVTR) company card, from the company's own SEC filings, accessed 2026-11-06, https://www.pops4.com/boards/company/AVTR. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.