---
schema_version: "secwatch.filing_event.v1"
accession: "0001722482-23-000028"
form_type: "8-K"
ticker: "AVTR"
cik: "0001722482"
company_name: "Avantor, Inc."
filed_at: "2023-02-03T23:59:59+00:00"
generated_at: "2026-06-20T01:11:25.978273+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Avantor Q4 net sales down 5.9% to $1.80B; core organic growth +2.7%; adj. EBITDA margin 20.0%

## Summary
- Q4 GAAP diluted EPS $0.21; adjusted EPS $0.32; net income $141.7M vs $94.0M a year ago.
- Full-year net sales $7.51B (+1.7%); core organic growth 6.0%; adj. EBITDA margin 20.9% (+110 bps).
- Americas Q4 core organic sales +0.1%; Europe +6.3%; AMEA +5.7%; bioproduction core organic growth >20% in FY.
- Adjusted net leverage reduced to 3.7X from 4.2X; free cash flow Q4 $172.0M, FY $710.2M.

## SEC filing metadata
- accession: 0001722482-23-000028
- form_type: 8-K
- ticker: AVTR
- cik: 0001722482
- company_name: Avantor, Inc.
- filed_at: 2023-02-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1722482/000172248223000028/0001722482-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1722482/000172248223000028/avtr-20230203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001722482-23-000028
- JSON: https://secwatch.observer/filing/0001722482-23-000028.json
- Plain text: https://secwatch.observer/filing/0001722482-23-000028.txt

## Key facts
- Earnings Releases
  Avantor, Inc. reported the year ended December 31, 2022 results: revenue $7.51 billion, net income $686.5 million, EPS $1.01.
  - Period: the year ended December 31, 2022
  - Revenue: $7.51 billion
  - Net income: $686.5 million
  - EPS: $1.01
  - Result: reported results
  source text: For the full-year ended December 31, 2022, net sales were $7.51 billion, an increase of 1.7% compared to 2021. Foreign currency translation had an unfavorable impact of 4.3% with M&A adding 3.6%, resulting in organic sales growth of 2.4% and core organic sales growth of 6.0% (excluding COVID-19 headwinds). Net income increased to $686.5 million from $572.6 million in 2021 and adjusted net income was up 10.6% from the comparable prior period, excluding foreign exchange headwinds. Adjusted EBITDA was $1,570.7 million, an increase of 11.8% from 2021, excluding foreign exchange headwinds. Adjusted EBITDA margin expanded by approximately 110 basis points to 20.9%. Diluted earnings per share on a GAAP basis for 2022 was $1.01, while adjusted EPS was $1.41.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1722482/000172248223000028/0001722482-23-000028-index.htm
- Earnings Releases
  Avantor, Inc. reported the quarter ended December 31, 2022 results: revenue $1.80 billion, net income $141.7 million, EPS $0.21.
  - Period: the quarter ended December 31, 2022
  - Revenue: $1.80 billion
  - Net income: $141.7 million
  - EPS: $0.21
  - Result: reported results
  source text: For the three months ended December 31, 2022, net sales were $1.80 billion, a decrease of 5.9% compared to the fourth quarter of 2021. Foreign currency translation had an unfavorable impact of 4.5% with M&A adding 0.7%, resulting in an organic sales decline of 2.1% and core organic sales growth of 2.7% (excluding COVID-19 headwinds). Net income increased to $141.7 million from $94.0 million in the fourth quarter of 2021 and adjusted net income was $214.0 million as compared to $229.2 million in the comparable prior period. Adjusted EBITDA was $359.5 million and adjusted EBITDA margin expanded by more than 60 basis points to 20.0%. Diluted earnings per share on a GAAP basis was $0.21, while adjusted EPS was $0.32.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1722482/000172248223000028/0001722482-23-000028-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.