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) Operating margin

Alert me on 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

Against its own ten years

Low 7.87% High 12.6%
Ten-year median 10.9%
Current reading's percentile 67

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

The full definition of Operating margin →

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