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) Return on invested capital

Alert me on Return on invested capital

Avery Dennison Corporation's return on invested capital over the twelve months to 30 September 2026 was 13.0%, up 0.5 percentage points from fiscal 2025 (12.5%). Over the past ten years it has ranged from 10.8% (fiscal 2023) to 25.6% (fiscal 2016); the current reading is higher than 18% of that period. That is above the Packaging & Containers industry median of 4.57% and above the Consumer Cyclical sector median of 3.42%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 12.5% (1.90)
FY2024 14.4% 3.57
FY2023 10.8% (4.58)
FY2022 15.4% 0.82
FY2021 14.6% 0.48
FY2020 14.1% (5.59)
FY2019 19.7% 1.67
FY2018 18.0% (1.61)
FY2017 19.6% (5.95)
FY2016 25.6% 8.98

Against its own ten years

Low 10.8% High 25.6%
Ten-year median 15.4%
Current reading's percentile 18

Return on invested capital against peers

Company Return on invested capital
AMCR Amcor PLC compare 17.9%
AVY Avery Dennison Corporation 13.0%
CCK Crown Holdings, Inc. compare 11.8%
REYN Reynolds Consumer Products Inc. compare 8.29%
BALL Ball Corporation compare 4.57%
SW Smurfit Westrock PLC compare 2.87%
IP International Paper Company compare 2.15%
SON Sonoco Products Company compare 1.97%
PKG Packaging Corporation of America compare 0.00%
Packaging & Containers industry median 4.57%
Consumer Cyclical sector median 3.42%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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