Avery Dennison Corp. (AVY) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Avery Dennison Corp provides materials science and digital identification solutions, offering labeling and functional materials, RFID inlays and tags, software connecting physical and digital, and...
Avery Dennison Corp.'s revenue increased 1.1% year over year, from $8.76B to $8.86B.
Net income decreased 2.4% over the same period, from $704.9M to $688.0M.
Over the 9-year period from FY2016 to FY2025, revenue grew by 45% in total.
Total debt increased by 18.4% to $3.73B.
The debt-to-equity ratio stands at 1.66, indicating a elevated leverage profile.
Operating cash flow declined 6.1% to $881.4M.
Avery Dennison Corp. maintains a moderate net profit margin of 7.8%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $2.18B-2.3% | $181.7M | $626.6M | $156.3M | $270.1M | $8.45B | $3.16B | $2.39B |
| Q4 FY2024 | $2.19B+0.1% | $174.0M | $609.2M | $241.4M | $351.2M | $8.40B | $3.15B | $2.31B |
| Q1 FY2025 | $2.15B-1.7% | $166.3M | $621.5M | $227.0M | $-16.3M | $8.35B | $3.46B | $2.17B |
| Q2 FY2025 | $2.22B+3.4% | $189.0M | $639.1M | $255.5M | $208.8M | $8.57B | $3.55B | $2.20B |
| Q3 FY2025 | $2.22B-0.2% | $166.3M | $635.0M | $234.8M | $312.1M | $8.87B | $3.78B | $2.21B |
| Q4 FY2025 | $2.27B+2.5% | $166.4M | $650.7M | $207.8M | $376.8M | $8.80B | $3.73B | $2.24B |
| Q1 FY2026 | $2.30B+1.2% | $168.1M | $664.8M | $240.4M | $136.5M | $8.98B | $3.79B | $2.30B |
| Q2 FY2026 | $2.46B+7.2% | $204.1M | $729.4M | $383.9M | $408.2M | $9.21B | $3.69B | $2.32B |
Balance Sheet Summary (Q2 FY2026)
Avery Dennison Corp. (AVY) Financial Statements & Revenue History
Avery Dennison Corp. (AVY) is a US-listed stock operating in the Basic Materials sector, specifically the Converted Paper & Paperboard Prods (No Contaners/Boxes) industry trading at $175.31 with a market capitalization of $13. This page provides 42 historical financial statements for Avery Dennison Corp., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Avery Dennison Corp. reported revenue of $8.9 billion, representing 1.1% year-over-year growth. The net profit margin of 7.8% indicates moderate profitability. The debt-to-equity ratio of 1.66 indicates elevated leverage.
AVY Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Avery Dennison Corp.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether AVY is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track AVY's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Avery Dennison Corp. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of AVY's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use AVY Financial Data
Investors use Avery Dennison Corp.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare AVY's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how AVY's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View AVY's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Avery Dennison Corp.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.AVY trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

