Avery Dennison Corporation

AVY Consumer Cyclical Packaging & Containers

Avery Dennison Corporation’s revenue for fiscal 2025 (year ended December 2025) was $8.9 billion, up 1.14% from fiscal 2024.

Revenue
+5.24%
EPS
+5.16%
Free cash flow
−9.96%
Total debt
−0.88%

Quarter to September 2026, against a year earlier

186.45 3.25 −1.71%
Market cap
$14.3B
P/E
20.2×
Fwd P/E
19.2×
Dividend yield
2.08%
F-score
5/9
Altman Z
3.63
Beneish M
−2.54
Dividend safety
77/100

Avery Dennison Corporation (AVY) Free cash flow margin

Alert me on Free cash flow margin

Avery Dennison Corporation's free cash flow margin over the twelve months to 30 September 2026 was 10.8%, up 2.9 percentage points from fiscal 2025 (7.95%). Over the past ten years it has ranged from 2.94% (fiscal 2018) to 9.23% (fiscal 2021); the current reading is higher than 82% of that period. That is above the Packaging & Containers industry median of 4.78% and above the Consumer Cyclical sector median of 3.07%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 7.95% (0.04)
FY2024 7.99% 1.51
FY2023 6.48% (0.87)
FY2022 7.35% (1.88)
FY2021 9.23% 1.46
FY2020 7.77% 0.74
FY2019 7.03% 4.09
FY2018 2.94% (3.50)
FY2017 6.44% 0.13
FY2016 6.31% 0.78

Against its own ten years

Low 2.94% High 9.23%
Ten-year median 7.03%
Current reading's percentile 82

Free cash flow margin against peers

Company Free cash flow margin
AVY Avery Dennison Corporation 10.8%
CCK Crown Holdings, Inc. compare 7.64%
REYN Reynolds Consumer Products Inc. compare 7.40%
SON Sonoco Products Company compare 5.52%
BALL Ball Corporation compare 3.98%
SW Smurfit Westrock PLC compare 2.82%
IP International Paper Company compare 1.19%
AMCR Amcor PLC compare 0.00%
PKG Packaging Corporation of America compare 0.00%
Packaging & Containers industry median 4.78%
Consumer Cyclical sector median 3.07%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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