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. In the quarter to June 2026, revenue grew 10.9%, EPS grew 10.8%, free cash flow grew 94.1% and total debt rose 20.9%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

175.40 0.48 −0.27%
Market cap
$13.3B
P/E
19.2×
Fwd P/E
16.3×
Dividend yield
2.21%
F-score
5/9
Altman Z
3.63
Beneish M
−2.54
Dividend safety
77/100

Avery Dennison Corporation (AVY) Gross margin

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Avery Dennison Corporation's gross margin over the twelve months to 30 June 2026 was 29.0%, up 0.2 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 20.0% and below the Consumer Cyclical sector median of 35.0%.

Gross margin, annual

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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)
Jun 2026 29.6% 0.70
Mar 2026 28.9% 0.27
Dec 2025 28.7% (0.01)
Sep 2025 28.7% (0.12)
42 more quarters

Against its own ten years

Low 26.6% High 28.9%
Ten-year median 27.5%
Current reading's percentile 98

Gross margin against peers

Company Gross margin
IP International Paper Company compare 29.8%
AVY Avery Dennison Corporation 29.0%
REYN Reynolds Consumer Products Inc. compare 25.1%
SON Sonoco Products Company compare 20.8%
PKG Packaging Corporation of America compare 20.1%
AMCR Amcor PLC compare 20.0%
BALL Ball Corporation compare 18.6%
SW Smurfit Westrock PLC compare 17.9%
CCK Crown Holdings, Inc. compare 17.4%
Packaging & Containers industry median 20.0%
Consumer Cyclical sector median 35.0%
Market median 46.2%

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 →

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