NYSE$AVTR

Avantor Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Avantor's Q4 2020 results were highlighted by mid-teens organic revenue growth and $286 million in free cash flow.

Avantor reported a strong Q4 2020 with a 17.5% increase in revenue to $1.791 billion and organic revenue growth of 14.9%. Adjusted EBITDA increased by approximately 21% to $319.9 million, with an adjusted EPS growth of 57.2% to $0.29. Free cash flow was $286 million, a growth of 282%.

  • Q4 revenue reached $1.791 billion, up 17.5% with organic revenue growth of 14.9%.
  • Adjusted EBITDA for Q4 was $319.9 million, with a 60 basis points expansion.
  • Q4 EPS was $0.06, and adjusted EPS grew by 57.2% to $0.29.
  • Q4 Operating Cash Flow was $306 million, and Free Cash Flow was $286 million, representing a 282% growth.

Headline financials

Total Revenue

$1.79B

Previous: $1.52B+17.5%
EPS (adj)

$0.29

Previous: $0.19+52.6%
Adjusted EBITDA

$320M

Previous: $264M+21.4%
Adjusted EBITDA Margin

60.0%

No prior period
Capital Expenditures

$20.2M

Previous: $12.1M+66.9%
Free Cash Flow

$286M

Previous: $74.9M+281.8%
Net Income

$51.6M

Previous: $70.6M-26.9%
Operating Income

$205M

Previous: $152M+34.7%
Gross Profit

$582M

Previous: $480M+21.1%
Cash & Equivalents

$287M

Previous: $187M+53.5%
Total Assets

$9.91B

Previous: $9.77B+1.4%
Stock-Based Comp

$12.7M

Previous: $10.5M+21.0%

Revenue & EPS history

Avantor · Revenue · Quarterly

$1.79B

Q4 2020+17.5%vs Q4 2019
Beat estimate in 8 of 10 quarters(80%)
ActualEstimate

Forward guidance

The Company will provide 2021 financial guidance during its earnings conference call today at 5 p.m. Eastern Time.

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 Q4 2020

Historical avgQ4 2020

-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

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