NYSE$AVTR

Avantor Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Avantor reported a strong Q4 2021 with above plan performance on all key financial metrics.

Avantor's Q4 2021 net sales increased by 6.5% to $1.91 billion, with organic net sales growth of 2.5%. Net income rose to $94.0 million, and adjusted EBITDA increased by 15.6% to $369.8 million. Diluted GAAP EPS was $0.13, while adjusted EPS reached $0.36.

  • Net sales increased by 6.5% to $1.91 billion, with organic growth of 2.5%.
  • Net income increased to $94.0 million from $51.6 million.
  • Adjusted EBITDA increased 15.6% to $369.8 million, with margin expansion to 19.4%.
  • Diluted GAAP EPS was $0.13, and adjusted EPS was $0.36.

Headline financials

Total Revenue

$1.91B

Previous: $1.79B+6.5%
EPS (adj)

$0.36

Previous: $0.29+24.1%
Adjusted EBITDA

$370M

Previous: $320M+15.6%
Adjusted EBITDA Margin

19.4%

Previous: 60.0%-67.7%
Capital Expenditures

$40M

Previous: $20.2M+98.0%
Free Cash Flow

$314M

Previous: $286M+9.9%
Net Income

$94M

Previous: $51.6M+82.2%
Operating Income

$214M

Previous: $205M+4.6%
Gross Profit

$648M

Previous: $582M+11.3%
Cash & Equivalents

$302M

Previous: $287M+5.3%
Total Assets

$13.9B

Previous: $9.91B+40.3%
Stock-Based Comp

$13.7M

Previous: $12.7M+7.9%

Revenue & EPS history

Avantor · Revenue · Quarterly

$1.91B

Q4 2021+6.5%vs Q4 2020
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Forward guidance

No forward guidance was provided in the release.

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 2021

Historical avgQ4 2021

-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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