Avery Dennison financials
$170.78−0.65%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 28 | FY23 Dec 30 | FY22 Dec 31 | FY21 Jan 1 | FY20 Jan 2 | FY19 Dec 28 | FY18 Dec 29 | FY17 Dec 30 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.86B | $8.76B | $8.36B | $9.04B | $8.41B | $6.97B | $7.07B | $7.16B | $6.61B | $6.09B |
| Gross profit | $2.55B | $2.53B | $2.28B | $2.40B | $2.31B | $1.92B | $1.90B | $1.92B | $1.81B | $1.70B |
| Gross margin | 28.8% | 28.9% | 27.2% | 26.6% | 27.5% | 27.6% | 26.9% | 26.8% | 27.4% | 27.9% |
| Operating income | $1.12B | $1.12B | $963.8M | $1.07B | $1.06B | $862.8M | $823.7M | $788.0M | $707.0M | $614.0M |
| Net income | $688.0M | $704.9M | $503.0M | $757.1M | $740.1M | $555.9M | $303.6M | $467.4M | $281.8M | $320.7M |
| Net margin | 7.8% | 8.1% | 6.0% | 8.4% | 8.8% | 8.0% | 4.3% | 6.5% | 4.3% | 5.3% |
| Diluted EPS | $8.79 | $8.73 | $6.20 | $9.21 | $8.83 | $6.61 | $3.57 | $5.28 | $3.13 | $3.54 |
| EBITDA | $1.45B | $1.43B | $1.26B | $1.36B | $1.31B | $1.07B | $1.00B | $969.0M | $885.7M | $794.1M |
| Operating cash flow | $881.4M | $938.8M | $826.0M | $961.0M | $1.05B | $751.3M | $746.5M | $457.9M | $645.7M | $582.1M |
| Free cash flow | $712.4M | $730.0M | $560.7M | $682.9M | $791.8M | $549.9M | $527.1M | $231.2M | $455.2M | $405.2M |
| Diluted shares | 78.3M | 80.7M | 81.1M | 82.2M | 83.8M | 84.1M | 85.0M | 88.6M | 90.1M | 90.7M |
Balance sheet
| Period end | Dec 31 | Dec 28 | Dec 30 | Dec 31 | Jan 1 | Jan 2 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $202.8M | $329.1M | $215.0M | $167.2M | $162.7M | $252.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $3.73B | $3.15B | $3.24B | $3.10B | $3.10B | $2.12B |
| Total assets | $8.80B | $8.40B | $8.21B | $7.95B | $7.97B | $6.08B |
| Total liabilities | $6.56B | $6.09B | $6.08B | $5.92B | $6.05B | $4.60B |
| Shareholders' equity | $2.24B | $2.31B | $2.13B | $2.03B | $1.92B | $1.48B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology