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.
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Avery Dennison Corporation (AVY) Operating margin
Avery Dennison Corporation's operating margin over the twelve months to 30 June 2026 was 11.8%, down 0.0 percentage points from fiscal 2025 (11.8%). Over the past ten years it has ranged from 7.87% (fiscal 2015) to 12.6% (fiscal 2021); the current reading is higher than 73% of that period. That is above the Packaging & Containers industry median of 8.36% and above the Consumer Cyclical sector median of 3.57%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 11.8% | (0.10) |
| FY2024 | 11.9% | 2.56 |
| FY2023 | 9.36% | (2.52) |
| FY2022 | 11.9% | (0.71) |
| FY2021 | 12.6% | 0.98 |
| FY2020 | 11.6% | 0.71 |
| FY2019 | 10.9% | 0.87 |
| FY2018 | 10.0% | (0.11) |
| FY2017 | 10.1% | 0.44 |
| FY2016 | 9.70% | 1.83 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 12.7% | 0.90 |
| Mar 2026 | 11.8% | 1.21 |
| Dec 2025 | 10.6% | (1.31) |
| Sep 2025 | 11.9% | (0.96) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| REYN Reynolds Consumer Products Inc. compare | 14.1% |
| SON Sonoco Products Company compare | 13.9% |
| CCK Crown Holdings, Inc. compare | 12.3% |
| AVY Avery Dennison Corporation | 11.8% |
| PKG Packaging Corporation of America compare | 10.9% |
| BALL Ball Corporation compare | 10.3% |
| AMCR Amcor PLC compare | 8.08% |
| SW Smurfit Westrock PLC compare | 4.71% |
| IP International Paper Company compare | 0.90% |
| Packaging & Containers industry median | 8.36% |
| Consumer Cyclical sector median | 3.57% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on AVY
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement