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

189.72 2.87 −1.49%
Market cap
$14.3B
P/E
20.5×
Fwd P/E
19.2×
Dividend yield
2.05%
F-score
5/9
Altman Z
3.63
Beneish M
−2.54
Dividend safety
77/100

Avery Dennison Corporation (AVY) Gross margin

Alert me on Gross margin

Avery Dennison Corporation's gross margin over the twelve months to 30 September 2026 was 28.8%, up 0.1 percentage points from fiscal 2025 (28.8%). Over the past ten years it has ranged from 26.6% (fiscal 2022) to 28.9% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Packaging & Containers industry median of 20.1% and below the Consumer Cyclical sector median of 34.3%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 28.8% (0.15)
FY2024 28.9% 1.67
FY2023 27.2% 0.63
FY2022 26.6% (0.91)
FY2021 27.5% (0.08)
FY2020 27.6% 0.66
FY2019 26.9% 0.17
FY2018 26.8% (0.64)
FY2017 27.4% (0.53)
FY2016 27.9% 0.35

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 28.1% (1.54)
Jun 2026 29.6% 0.70
Mar 2026 28.9% 0.27
Dec 2025 28.7% (0.01)
43 more quarters

Against its own ten years

Low 26.6% High 28.9%
Ten-year median 27.5%
Current reading's percentile 93

Gross margin against peers

Company Gross margin
IP International Paper Company compare 29.8%
AVY Avery Dennison Corporation 28.8%
REYN Reynolds Consumer Products Inc. compare 25.1%
PKG Packaging Corporation of America compare 20.5%
SON Sonoco Products Company compare 20.2%
AMCR Amcor PLC compare 20.0%
BALL Ball Corporation compare 17.8%
SW Smurfit Westrock PLC compare 17.4%
CCK Crown Holdings, Inc. compare 16.8%
Packaging & Containers industry median 20.1%
Consumer Cyclical sector median 34.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on AVY