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Annual data and sources

Avantor, Inc. (AVTR) · NYSE · USD · Sector unavailable · CIK 0001722482

Annual coverage: 2017-12-31–2025-12-31 (9 periods). Financial snapshot built 2026-10-09.

AVTR annual financial history

All stored annual observations, independent of the chart window. Per-share amounts in USD. Unavailable values are not zero.

See the calculation and limitations.

Annual EPS, cash flow, dividends, and fiscal-year dividend yield for Avantor, Inc.
Fiscal year / endBasic EPSDiluted EPSFCF / shareDividends / shareFiscal-year dividend yieldFiling sources
2025
2025-12-31
-0.78-0.780.73UnavailableUnavailableBasic EPS (2026-02-11)
Diluted EPS (2026-02-11)
Operating cash flow (2026-02-11) · Capex (2026-02-11)
2024
2024-12-31
1.051.041.01UnavailableUnavailableBasic EPS (2026-02-11)
Diluted EPS (2026-02-11)
Operating cash flow (2026-02-11) · Capex (2026-02-11)
2023
2023-12-31
0.480.471.07UnavailableUnavailableBasic EPS (2026-02-11)
Diluted EPS (2026-02-11)
Operating cash flow (2026-02-11) · Capex (2026-02-11)
2022
2022-12-31
1.021.011.05UnavailableUnavailableBasic EPS (2025-02-07)
Diluted EPS (2025-02-07)
Operating cash flow (2025-02-07) · Capex (2025-02-07)
2021
2021-12-31
0.860.851.41UnavailableUnavailableBasic EPS (2024-02-14)
Diluted EPS (2024-02-14)
Operating cash flow (2024-02-14) · Capex (2024-02-14)
2020
2020-12-31
0.090.091.49UnavailableUnavailableBasic EPS (2023-02-14)
Diluted EPS (2023-02-14)
Operating cash flow (2023-02-14) · Capex (2023-02-14)
2019
2019-12-31
-0.84-0.840.75UnavailableUnavailableBasic EPS (2022-02-11)
Diluted EPS (2022-02-11)
Operating cash flow (2022-02-11) · Capex (2022-02-11)
2018
2018-12-31
-2.69-2.691.23UnavailableUnavailableBasic EPS (2021-02-16)
Diluted EPS (2021-02-16)
Operating cash flow (2021-02-16) · Capex (2021-02-16)
2017
2017-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2020-02-14) · Capex (2020-02-14)

Annual per-share context (USD/share)

Complete annual history, independent of chart loading and range. Revenue/share is annual revenue per average diluted share. Debt/share is borrowings per year-end common share, excluding leases. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue / shareTotal debt / shareInputs & filing sources
2025-12-319.63Unavailable
Inputs & filings

revenue: 6552200000; averageDilutedShares: 680600000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 682000000

revenue (2026-02-11)
averageDilutedShares (2026-02-11)
periodEndShares (2026-02-11)
2024-12-319.95Unavailable
Inputs & filings

revenue: 6783600000; averageDilutedShares: 681900000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 680800000

revenue (2026-02-11)
averageDilutedShares (2026-02-11)
periodEndShares (2026-02-11)
2023-12-3110.27Unavailable
Inputs & filings

revenue: 6967200000; averageDilutedShares: 678400000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 676600000

revenue (2026-02-11)
averageDilutedShares (2026-02-11)
periodEndShares (2025-02-07)
2022-12-3111.06Unavailable
Inputs & filings

revenue: 7512400000; averageDilutedShares: 679400000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 674300000

revenue (2025-02-07)
averageDilutedShares (2025-02-07)
periodEndShares (2024-02-14)
2021-12-3112.32Unavailable
Inputs & filings

revenue: 7386100000; averageDilutedShares: 599600000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 609700000

revenue (2024-02-14)
averageDilutedShares (2024-02-14)
periodEndShares (2023-02-14)
2020-12-3110.96Unavailable
Inputs & filings

revenue: 6393600000; averageDilutedShares: 583400000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 580100000

revenue (2023-02-14)
averageDilutedShares (2023-02-14)
periodEndShares (2022-02-11)
2019-12-3115.06Unavailable
Inputs & filings

revenue: 6040300000; averageDilutedShares: 401200000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 572800000

revenue (2022-02-11)
averageDilutedShares (2022-02-11)
periodEndShares (2021-02-16)
2018-12-3144.19Unavailable
Inputs & filings

revenue: 5864300000; averageDilutedShares: 132700000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 132800000

revenue (2021-02-16)
averageDilutedShares (2021-02-16)
periodEndShares (2020-02-14)
2017-12-31UnavailableUnavailable
Inputs & filings

revenue: 1247400000; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2020-02-14)

Annual returns and cash generation (%)

Complete annual history, independent of chart loading and range. FCF margin and FCF / net income use matching annual totals. ROCE uses positive exact opening and closing capital-employed bases. Inputs, scopes and unavailable reasons are disclosed below. Missing inputs remain unavailable. Metric definitions.

Fiscal endFCF margin (%)FCF / net income (%)ROCE (%)Inputs & filing sources
2025-12-317.55Unavailable-2.40
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":495000000,"capex":{"accession":"0001628280-26-007118","end":"2025-12-31","filed":"2026-02-11","form":"10-K","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628280-26-007118","end":"2025-12-31","filed":"2026-02-11","form":"10-K","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":6552200000,"tag":"Revenues","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"netIncome":{"value":-530200000,"tag":"ProfitLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"operatingIncome":{"value":-246200000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"openingAssets":{"value":12114500000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"openingCurrentLiabilities":{"value":2007500000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"openingCapitalEmployed":{"value":10107000000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":5956700000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"openingTotalEquity":{"value":5956700000,"inputNames":["openingParentEquity","openingAssets","openingLiabilities"]},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":6157800000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"openingCash":{"value":261900000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":11794700000,"tag":"Assets","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"closingCurrentLiabilities":{"value":1378900000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"closingCapitalEmployed":{"value":10415800000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":5565000000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"closingTotalEquity":{"value":5565000000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":6229700000,"tag":"Liabilities","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"closingCash":{"value":365400000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2025-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-530200000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"incomeTaxExpense":{"value":88900000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"pretaxIncome":{"value":-441300000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":10261400000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 7.55471444705595; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -2.3992827489426394

fcfMargin component 1 (2026-02-11) · fcfMargin component 2 (2026-02-11) · fcfMargin component 3 (2026-02-11)
cashConversion component 1 (2026-02-11) · cashConversion component 2 (2026-02-11) · cashConversion component 3 (2026-02-11)
roce component 1 (2026-02-11) · roce component 2 (2026-02-11) · roce component 3 (2026-02-11) · roce component 4 (2026-02-11) · roce component 5 (2026-02-11)
2024-12-3110.2097.2610.04
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":692000000,"capex":{"accession":"0001628280-26-007118","end":"2024-12-31","filed":"2026-02-11","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628280-26-007118","end":"2024-12-31","filed":"2026-02-11","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":6783600000,"tag":"Revenues","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"netIncome":{"value":711500000,"tag":"ProfitLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"operatingIncome":{"value":1084800000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"openingAssets":{"value":12972700000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-07","accession":"0001722482-25-000015","form":"10-K"},"openingCurrentLiabilities":{"value":1480300000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-07","accession":"0001722482-25-000015","form":"10-K"},"openingCapitalEmployed":{"value":11492400000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":5252600000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":7720100000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-07","accession":"0001722482-25-000015","form":"10-K"},"openingCash":{"value":262900000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-07","accession":"0001722482-25-000015","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":12114500000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"closingCurrentLiabilities":{"value":2007500000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"closingCapitalEmployed":{"value":10107000000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":5956700000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"closingTotalEquity":{"value":5956700000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":6157800000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"closingCash":{"value":261900000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":711500000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"incomeTaxExpense":{"value":142400000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"pretaxIncome":{"value":853900000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"effectiveTaxRate":{"value":0.16676425810984893,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":903894132.8024359,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":10799700000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 10.201073176484462; cashConversion: 97.25931131412509; roce: 10.044723464540683

fcfMargin component 1 (2026-02-11) · fcfMargin component 2 (2026-02-11) · fcfMargin component 3 (2026-02-11)
cashConversion component 1 (2026-02-11) · cashConversion component 2 (2026-02-11) · cashConversion component 3 (2026-02-11)
roce component 1 (2026-02-11) · roce component 2 (2025-02-07) · roce component 3 (2025-02-07) · roce component 4 (2026-02-11) · roce component 5 (2026-02-11)
2023-12-3110.39225.355.98
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":723600000,"capex":{"accession":"0001628280-26-007118","end":"2023-12-31","filed":"2026-02-11","form":"10-K","start":"2023-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628280-26-007118","end":"2023-12-31","filed":"2026-02-11","form":"10-K","start":"2023-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":6967200000,"tag":"Revenues","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"netIncome":{"value":321100000,"tag":"ProfitLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"operatingIncome":{"value":696400000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"openingAssets":{"value":13464300000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-14","accession":"0001722482-24-000012","form":"10-K"},"openingCurrentLiabilities":{"value":1658800000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-14","accession":"0001722482-24-000012","form":"10-K"},"openingCapitalEmployed":{"value":11805500000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":4855400000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":8608900000,"tag":"Liabilities","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-14","accession":"0001722482-24-000012","form":"10-K"},"openingCash":{"value":372900000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-14","accession":"0001722482-24-000012","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2022-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":12972700000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-07","accession":"0001722482-25-000015","form":"10-K"},"closingCurrentLiabilities":{"value":1480300000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-07","accession":"0001722482-25-000015","form":"10-K"},"closingCapitalEmployed":{"value":11492400000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":5252600000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":7720100000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-07","accession":"0001722482-25-000015","form":"10-K"},"closingCash":{"value":262900000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-07","accession":"0001722482-25-000015","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":321100000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"incomeTaxExpense":{"value":89400000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"pretaxIncome":{"value":410500000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-11","accession":"0001628280-26-007118","form":"10-K"},"effectiveTaxRate":{"value":0.21778319123020706,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":544735785.6272838,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":11648950000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 10.385807785049948; cashConversion: 225.3503581438804; roce: 5.9782212130707055

fcfMargin component 1 (2026-02-11) · fcfMargin component 2 (2026-02-11) · fcfMargin component 3 (2026-02-11)
cashConversion component 1 (2026-02-11) · cashConversion component 2 (2026-02-11) · cashConversion component 3 (2026-02-11)
roce component 1 (2026-02-11) · roce component 2 (2024-02-14) · roce component 3 (2024-02-14) · roce component 4 (2025-02-07) · roce component 5 (2025-02-07)
2022-12-319.45103.459.32
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":710200000,"capex":{"accession":"0001722482-25-000015","end":"2022-12-31","filed":"2025-02-07","form":"10-K","start":"2022-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001722482-25-000015","end":"2022-12-31","filed":"2025-02-07","form":"10-K","start":"2022-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":7512400000,"tag":"Revenues","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-07","accession":"0001722482-25-000015","form":"10-K"},"netIncome":{"value":686500000,"tag":"ProfitLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-07","accession":"0001722482-25-000015","form":"10-K"},"operatingIncome":{"value":1130200000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-07","accession":"0001722482-25-000015","form":"10-K"},"openingAssets":{"value":13897200000,"tag":"Assets","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"openingCurrentLiabilities":{"value":1450800000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"openingCapitalEmployed":{"value":12446400000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":4197000000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2025-02-07","accession":"0001722482-25-000015","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":9700200000,"tag":"Liabilities","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"openingCash":{"value":301700000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2022-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":662300000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-07","accession":"0001722482-25-000015","form":"10-K"},"incomeTaxExpense":{"value":164600000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-07","accession":"0001722482-25-000015","form":"10-K"},"pretaxIncome":{"value":851100000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-07","accession":"0001722482-25-000015","form":"10-K"},"effectiveTaxRate":{"value":0.19339678063682295,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":911622958.5242627,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":12125950000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 9.453703210691657; cashConversion: 103.45229424617625; roce: 9.320506846886223

fcfMargin component 1 (2025-02-07) · fcfMargin component 2 (2025-02-07) · fcfMargin component 3 (2025-02-07)
cashConversion component 1 (2025-02-07) · cashConversion component 2 (2025-02-07) · cashConversion component 3 (2025-02-07)
roce component 1 (2025-02-07) · roce component 2 (2023-02-14) · roce component 3 (2023-02-14) · roce component 4 (2024-02-14) · roce component 5 (2024-02-14)
2021-12-3111.41147.149.21
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":842500000,"capex":{"accession":"0001722482-24-000012","end":"2021-12-31","filed":"2024-02-14","form":"10-K","start":"2021-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001722482-24-000012","end":"2021-12-31","filed":"2024-02-14","form":"10-K","start":"2021-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":7386100000,"tag":"Revenues","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-14","accession":"0001722482-24-000012","form":"10-K"},"netIncome":{"value":572600000,"tag":"ProfitLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-14","accession":"0001722482-24-000012","form":"10-K"},"operatingIncome":{"value":972200000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-14","accession":"0001722482-24-000012","form":"10-K"},"openingAssets":{"value":9906500000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-11","accession":"0001722482-22-000030","form":"10-K"},"openingCurrentLiabilities":{"value":1242700000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-11","accession":"0001722482-22-000030","form":"10-K"},"openingCapitalEmployed":{"value":8663800000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":2674300000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-14","accession":"0001722482-24-000012","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":7232200000,"tag":"Liabilities","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-11","accession":"0001722482-22-000030","form":"10-K"},"openingCash":{"value":286600000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-11","accession":"0001722482-22-000030","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2020-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":20700000,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2020-12-31","filed":"2022-02-11","accession":"0001722482-22-000030","form":"10-K"},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":13897200000,"tag":"Assets","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"closingCurrentLiabilities":{"value":1450800000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"closingCapitalEmployed":{"value":12446400000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":4197000000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2025-02-07","accession":"0001722482-25-000015","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":9700200000,"tag":"Liabilities","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"closingCash":{"value":301700000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2021-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":20700000,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2021-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":508000000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-14","accession":"0001722482-24-000012","form":"10-K"},"incomeTaxExpense":{"value":180400000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-14","accession":"0001722482-24-000012","form":"10-K"},"pretaxIncome":{"value":753000000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-14","accession":"0001722482-24-000012","form":"10-K"},"effectiveTaxRate":{"value":0.2395750332005312,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":739285152.7224436,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":10555100000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 11.406560972637793; cashConversion: 147.13587146349983; roce: 9.21071330446893

fcfMargin component 1 (2024-02-14) · fcfMargin component 2 (2024-02-14) · fcfMargin component 3 (2024-02-14)
cashConversion component 1 (2024-02-14) · cashConversion component 2 (2024-02-14) · cashConversion component 3 (2024-02-14)
roce component 1 (2024-02-14) · roce component 2 (2022-02-11) · roce component 3 (2022-02-11) · roce component 4 (2023-02-14) · roce component 5 (2023-02-14)
2020-12-3113.58744.608.14
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":868200000,"capex":{"accession":"0001722482-23-000040","end":"2020-12-31","filed":"2023-02-14","form":"10-K","start":"2020-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001722482-23-000040","end":"2020-12-31","filed":"2023-02-14","form":"10-K","start":"2020-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":6393600000,"tag":"Revenues","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"netIncome":{"value":116600000,"tag":"ProfitLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"operatingIncome":{"value":706800000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"openingAssets":{"value":9773300000,"tag":"Assets","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-16","accession":"0001722482-21-000040","form":"10-K"},"openingCurrentLiabilities":{"value":1074500000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-16","accession":"0001722482-21-000040","form":"10-K"},"openingCapitalEmployed":{"value":8698800000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":2462200000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":7311100000,"tag":"Liabilities","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-16","accession":"0001722482-21-000040","form":"10-K"},"openingCash":{"value":186700000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-16","accession":"0001722482-21-000040","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2020-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":20700000,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2020-12-31","filed":"2022-02-11","accession":"0001722482-22-000030","form":"10-K"},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":52000000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"incomeTaxExpense":{"value":-54300000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"pretaxIncome":{"value":62300000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Effective tax rate outside 0–100% or nonfinite; no clamping"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Effective tax rate outside 0–100% or nonfinite; no clamping"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":8681300000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 13.579204204204204; cashConversion: 744.5969125214408; roce: 8.141637773144575

fcfMargin component 1 (2023-02-14) · fcfMargin component 2 (2023-02-14) · fcfMargin component 3 (2023-02-14)
cashConversion component 1 (2023-02-14) · cashConversion component 2 (2023-02-14) · cashConversion component 3 (2023-02-14)
roce component 1 (2023-02-14) · roce component 2 (2021-02-16) · roce component 3 (2021-02-16) · roce component 4 (2022-02-11) · roce component 5 (2022-02-11)
2019-12-315.01800.006.30
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":302400000,"capex":{"accession":"0001722482-22-000030","end":"2019-12-31","filed":"2022-02-11","form":"10-K","start":"2019-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001722482-22-000030","end":"2019-12-31","filed":"2022-02-11","form":"10-K","start":"2019-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":6040300000,"tag":"Revenues","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-11","accession":"0001722482-22-000030","form":"10-K"},"netIncome":{"value":37800000,"tag":"ProfitLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-11","accession":"0001722482-22-000030","form":"10-K"},"operatingIncome":{"value":551800000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-11","accession":"0001722482-22-000030","form":"10-K"},"openingAssets":{"value":9911600000,"tag":"Assets","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-14","accession":"0001722482-20-000029","form":"10-K"},"openingCurrentLiabilities":{"value":1096200000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-14","accession":"0001722482-20-000029","form":"10-K"},"openingCapitalEmployed":{"value":8815400000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":-3051700000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-02-11","accession":"0001722482-22-000030","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":9104000000,"tag":"Liabilities","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-14","accession":"0001722482-20-000029","form":"10-K"},"openingCash":{"value":184700000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-14","accession":"0001722482-20-000029","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2018-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":9773300000,"tag":"Assets","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-16","accession":"0001722482-21-000040","form":"10-K"},"closingCurrentLiabilities":{"value":1074500000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-16","accession":"0001722482-21-000040","form":"10-K"},"closingCapitalEmployed":{"value":8698800000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":2462200000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-02-14","accession":"0001722482-23-000040","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":7311100000,"tag":"Liabilities","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-16","accession":"0001722482-21-000040","form":"10-K"},"closingCash":{"value":186700000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-16","accession":"0001722482-21-000040","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2019-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":20700000,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2019-12-31","filed":"2021-02-16","accession":"0001722482-21-000040","form":"10-K"},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-335100000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-11","accession":"0001722482-22-000030","form":"10-K"},"incomeTaxExpense":{"value":2800000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-11","accession":"0001722482-22-000030","form":"10-K"},"pretaxIncome":{"value":40600000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-11","accession":"0001722482-22-000030","form":"10-K"},"effectiveTaxRate":{"value":0.06896551724137931,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":513744827.58620685,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":8757100000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 5.006373855603199; cashConversion: 800; roce: 6.301172762672574

fcfMargin component 1 (2022-02-11) · fcfMargin component 2 (2022-02-11) · fcfMargin component 3 (2022-02-11)
cashConversion component 1 (2022-02-11) · cashConversion component 2 (2022-02-11) · cashConversion component 3 (2022-02-11)
roce component 1 (2022-02-11) · roce component 2 (2020-02-14) · roce component 3 (2020-02-14) · roce component 4 (2021-02-16) · roce component 5 (2021-02-16)
2018-12-312.78UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":162800000,"capex":{"accession":"0001722482-21-000040","end":"2018-12-31","filed":"2021-02-16","form":"10-K","start":"2018-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001722482-21-000040","end":"2018-12-31","filed":"2021-02-16","form":"10-K","start":"2018-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":5864300000,"tag":"Revenues","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-16","accession":"0001722482-21-000040","form":"10-K"},"netIncome":{"value":-86900000,"tag":"ProfitLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-16","accession":"0001722482-21-000040","form":"10-K"},"operatingIncome":{"value":413500000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-16","accession":"0001722482-21-000040","form":"10-K"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2017-12-31"},"openingParentEquity":{"value":-2620200000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2017-12-31","filed":"2021-02-16","accession":"0001722482-21-000040","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2017-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":9911600000,"tag":"Assets","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-14","accession":"0001722482-20-000029","form":"10-K"},"closingCurrentLiabilities":{"value":1096200000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-14","accession":"0001722482-20-000029","form":"10-K"},"closingCapitalEmployed":{"value":8815400000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":-3051700000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-02-11","accession":"0001722482-22-000030","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":9104000000,"tag":"Liabilities","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-14","accession":"0001722482-20-000029","form":"10-K"},"closingCash":{"value":184700000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-14","accession":"0001722482-20-000029","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2018-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-356400000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-16","accession":"0001722482-21-000040","form":"10-K"},"incomeTaxExpense":{"value":-26900000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-16","accession":"0001722482-21-000040","form":"10-K"},"pretaxIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 2.7761199120099587; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2017-12-31

fcfMargin component 1 (2021-02-16) · fcfMargin component 2 (2021-02-16) · fcfMargin component 3 (2021-02-16)
cashConversion component 1 (2021-02-16) · cashConversion component 2 (2021-02-16) · cashConversion component 3 (2021-02-16)
roce component 1 (2021-02-16) · roce component 2 (2020-02-14) · roce component 3 (2020-02-14)
2017-12-31-15.45UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-192700000,"capex":{"accession":"0001722482-20-000029","end":"2017-12-31","filed":"2020-02-14","form":"10-K","start":"2017-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001722482-20-000029","end":"2017-12-31","filed":"2020-02-14","form":"10-K","start":"2017-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":1247400000,"tag":"Revenues","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-14","accession":"0001722482-20-000029","form":"10-K"},"netIncome":{"value":-145300000,"tag":"ProfitLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-14","accession":"0001722482-20-000029","form":"10-K"},"operatingIncome":{"value":-210400000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-14","accession":"0001722482-20-000029","form":"10-K"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2016-12-31"},"openingParentEquity":{"value":-510600000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2016-12-31","filed":"2020-02-14","accession":"0001722482-20-000029","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2016-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCapitalEmployed":{"value":null,"inputNames":["closingAssets","closingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2017-12-31"},"closingParentEquity":{"value":-2620200000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2017-12-31","filed":"2021-02-16","accession":"0001722482-21-000040","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2017-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-414900000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-14","accession":"0001722482-20-000029","form":"10-K"},"incomeTaxExpense":{"value":-314900000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-14","accession":"0001722482-20-000029","form":"10-K"},"pretaxIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -15.448132114798781; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed, closingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2016-12-31; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2017-12-31

fcfMargin component 1 (2020-02-14) · fcfMargin component 2 (2020-02-14) · fcfMargin component 3 (2020-02-14)
cashConversion component 1 (2020-02-14) · cashConversion component 2 (2020-02-14) · cashConversion component 3 (2020-02-14)
roce component 1 (2020-02-14)

Annual operating facts

Complete annual history, independent of chart loading and range. Operating margin is operating profit as a percentage of revenue; net margin is consolidated net profit as a percentage of revenue. Negative margins show losses. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue (USD)Operating margin (%)Net margin (%)Inputs & filing sources
2025-12-316,552,200,000.00-3.76-8.09
Inputs & filings

revenue: 6552200000; operatingIncome: -246200000; netIncome: -530200000

revenue (2026-02-11)
operatingIncome (2026-02-11)
netIncome (2026-02-11)
2024-12-316,783,600,000.0015.9910.49
Inputs & filings

revenue: 6783600000; operatingIncome: 1084800000; netIncome: 711500000

revenue (2026-02-11)
operatingIncome (2026-02-11)
netIncome (2026-02-11)
2023-12-316,967,200,000.0010.004.61
Inputs & filings

revenue: 6967200000; operatingIncome: 696400000; netIncome: 321100000

revenue (2026-02-11)
operatingIncome (2026-02-11)
netIncome (2026-02-11)
2022-12-317,512,400,000.0015.049.14
Inputs & filings

revenue: 7512400000; operatingIncome: 1130200000; netIncome: 686500000

revenue (2025-02-07)
operatingIncome (2025-02-07)
netIncome (2025-02-07)
2021-12-317,386,100,000.0013.167.75
Inputs & filings

revenue: 7386100000; operatingIncome: 972200000; netIncome: 572600000

revenue (2024-02-14)
operatingIncome (2024-02-14)
netIncome (2024-02-14)
2020-12-316,393,600,000.0011.051.82
Inputs & filings

revenue: 6393600000; operatingIncome: 706800000; netIncome: 116600000

revenue (2023-02-14)
operatingIncome (2023-02-14)
netIncome (2023-02-14)
2019-12-316,040,300,000.009.140.63
Inputs & filings

revenue: 6040300000; operatingIncome: 551800000; netIncome: 37800000

revenue (2022-02-11)
operatingIncome (2022-02-11)
netIncome (2022-02-11)
2018-12-315,864,300,000.007.05-1.48
Inputs & filings

revenue: 5864300000; operatingIncome: 413500000; netIncome: -86900000

revenue (2021-02-16)
operatingIncome (2021-02-16)
netIncome (2021-02-16)
2017-12-311,247,400,000.00-16.87-11.65
Inputs & filings

revenue: 1247400000; operatingIncome: -210400000; netIncome: -145300000

revenue (2020-02-14)
operatingIncome (2020-02-14)
netIncome (2020-02-14)

Avantor, Inc. (AVTR) P/E ratio history

The interactive P/E chart contains all 387 stored weekly price points (2019-05-17–2026-10-08); 261 have an eligible basic or diluted ratio. Annual EPS is carried forward from its fiscal end. Use the P/E range bar or any other chart range bar to change all five chart windows.

Fiscal-year-end snapshots

5 eligible fiscal-year-end observations span 2020-12-31–2024-12-31. Latest eligible diluted P/E: 20.59×; basic P/E: 20.39×, for fiscal end 2024-12-31, using the close on 2024-12-27.

Annual P/E = eligible fiscal-year-end close ÷ reported annual EPS. This is retrospective annual P/E, not TTM or forward P/E. Why we use annual data. Missing or non-positive EPS and missing eligible prices produce unavailable ratios.

Explore the P/E chart and optional reference lines · How P/E history is calculated.

Complete annual P/E history (9 fiscal periods)
Full stored fiscal-year-end P/E history, independent of the selected chart window. Ratios in ×; prices in USD.
Fiscal endPrice dateClosePrice basisBasic P/EDiluted P/EEPS filings
2025-12-312025-12-2611.43Adjusted closeUnavailableUnavailableBasic EPS (2026-02-11) Diluted EPS (2026-02-11)
2024-12-312024-12-2721.41Adjusted close20.3920.59Basic EPS (2026-02-11) Diluted EPS (2026-02-11)
2023-12-312023-12-2922.83Adjusted close47.5648.57Basic EPS (2026-02-11) Diluted EPS (2026-02-11)
2022-12-312022-12-3021.09Adjusted close20.6820.88Basic EPS (2025-02-07) Diluted EPS (2025-02-07)
2021-12-312021-12-3142.14Adjusted close49.0049.58Basic EPS (2024-02-14) Diluted EPS (2024-02-14)
2020-12-312020-12-3128.15Adjusted close312.78312.78Basic EPS (2023-02-14) Diluted EPS (2023-02-14)
2019-12-312019-12-2718.21Adjusted closeUnavailableUnavailableBasic EPS (2022-02-11) Diluted EPS (2022-02-11)
2018-12-31UnavailableUnavailableUnavailableUnavailableUnavailableBasic EPS (2021-02-16) Diluted EPS (2021-02-16)
2017-12-31UnavailableUnavailableUnavailableUnavailableUnavailable Source unavailable

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