NYSE$AVTR

Avantor Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Avantor reported strong second-quarter results driven by core organic growth and Adjusted EBITDA margin expansion.

Avantor reported a 2.8% increase in net sales, reaching $1.91 billion. Core organic net sales grew by 6.4%. Net income increased to $187.4 million, and Adjusted EBITDA rose to $404.1 million. Diluted GAAP EPS was $0.28, with adjusted EPS at $0.37.

  • Net sales increased by 2.8% to $1.91 billion, with core organic net sales growth of 6.4%.
  • Net income reached $187.4 million, and Adjusted EBITDA was $404.1 million.
  • Diluted GAAP EPS was $0.28, while adjusted EPS was $0.37.
  • Operating cash flow was $227.5 million, and free cash flow was $191.2 million.

Headline financials

Total Revenue

$1.91B

Previous: $1.86B+2.8%
EPS (adj)

$0.37

Previous: $0.35+5.7%
Adjusted EBITDA

$404M

Previous: $367M+10.2%
Adjusted EBITDA Margin

21.2%

Previous: 125.0%-83.0%
Capital Expenditures

-$60.8M

Previous: -$38.5M-57.9%
Free Cash Flow

$127M

Previous: $119M+6.1%
Net Income

$187M

Previous: $158M+18.8%
Operating Income

$296M

Previous: $255M+16.1%
Gross Profit

$648M

Previous: $627M+3.4%
Cash & Equivalents

$238M

Previous: $223M+6.5%
Total Assets

$13.4B

Previous: $11.2B+19.4%
Stock-Based Comp

$13M

Previous: $12.2M+6.6%

Revenue & EPS history

Avantor · Revenue · Quarterly

$1.91B

Q2 2022+2.8%vs Q2 2021
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

Avantor expects the momentum in its core business to continue into the second half of 2022, with a robust order book for proprietary products giving confidence in the full-year growth trajectory. Avantor remains well positioned to deliver another year of strong financial results.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-0.6%

Avg return

Earnings day

-0.9%

Avg return

5 days after

+1.3%

Avg return

30 days after

47%

15 / 32 earnings

Positive

+21.7%

Q1 2020

Best reaction

-23.2%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.1%+1.5%+16.0%
Q4 2025-13.6%-17.6%-28.9%
Q3 2025-23.2%-22.5%-22.2%
Q1 2025-16.6%-16.2%-18.1%
Q4 2024-11.7%-16.8%-19.4%
Q3 2024-2.7%-3.5%-10.7%
Q2 2024+15.0%+17.2%+12.4%
Q1 2024-4.3%-2.9%-4.0%
Q4 2023+8.6%+7.3%+13.3%
Q3 2023-12.1%-10.8%+4.1%
Q2 2023-9.9%-7.9%-4.6%
Q1 2023+8.0%+7.8%+10.2%
Q4 2022-5.9%-1.9%+0.9%
Q3 2022-1.8%-6.1%+4.4%
Q2 2022-8.6%-7.9%-19.6%
Q1 2022+8.4%+7.4%+12.1%
Q4 2021-2.9%-3.6%-13.5%
Q3 2021+9.3%+7.9%+7.3%
Q2 2021+0.3%+0.9%+4.8%
Q1 2021-1.4%-5.7%-3.0%
Q4 2020-2.2%-1.9%-9.9%
Q3 2020-5.5%-5.9%+5.3%
Q2 2020+16.6%+18.3%+16.0%
Q1 2020+21.7%+22.8%+37.4%
Q4 2019-11.4%-7.5%-21.5%
Q3 2018+2.7%-4.2%+17.4%
Q3 2019+2.7%-4.2%+17.4%
Q2 2019+4.2%+5.2%+7.3%
Q1 2018+4.2%+5.2%+7.3%
Q2 2018+4.2%+5.2%+7.3%
Q1 2019+4.2%+5.2%+7.3%
Q4 2018+4.2%+5.2%+7.3%
Q4 2017

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro