Tearsheet
Investment Highlights Market Valuation Price Chart Business Description Interactive Breakdown Latest Trefis Analyses Better Bets vs. AVY Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

Avery Dennison (AVY)

Market Price (9/17/2025): $166.22 | Market Cap: $13.0 Bil
Sector: Materials | Industry: Paper & Plastic Packaging Products & Materials

Avery Dennison (AVY)

Market Price (9/17/2025): $166.22
Market Cap: $13.0 Bil
Sector: Materials
Industry: Paper & Plastic Packaging Products & Materials

Investment Highlights

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.7%, Dividend Yield is 2.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.2%		 Weak multi-year price returns
2Y Excs Rtn is -53%, 3Y Excs Rtn is -71%		 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.8%, Rev Chg QQuarterly Revenue Change % is -0.7%
1 Low stock price volatility
Vol 12M is 23%		  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.7%, Dividend Yield is 2.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.2%
1 Low stock price volatility
Vol 12M is 23%
2 Weak multi-year price returns
2Y Excs Rtn is -53%, 3Y Excs Rtn is -71%
3 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.8%, Rev Chg QQuarterly Revenue Change % is -0.7%

Market Valuation

 9/17/252024202320222021
Share Price CYE$166.22$184.22$195.87$172.33$202.89
Market Cap CYE ($ Bil)13.014.815.814.016.8
Total Debt ($ Bil)3.63.23.23.13.1
Total Cash ($ Bil)0.20.30.20.20.2
Enterprise Value ($ Bil)16.318.019.017.119.9
Valuation Ratios     
P/S TTM1.51.71.91.62.1
P/EBIT TTM11.914.120.113.616.9
P/E TTM18.321.332.419.524.3
Sector Ratios     
P/S TTM (Sector)1.61.31.41.21.6
P/EBIT TTM (Sector)7.16.36.64.75.7
P/E TTM (Sector)4.45.57.04.67.3
 9/17/2520242023
Share Price CYE$166.22$184.22$195.87
Market Cap CYE ($ Bil)13.014.815.8
Total Debt ($ Bil)3.63.23.2
Total Cash ($ Bil)0.20.30.2
Enterprise Value ($ Bil)16.318.019.0
Valuation Ratios   
P/S TTM1.51.71.9
P/EBIT TTM11.914.120.1
P/E TTM18.321.332.4
Sector Ratios   
P/S TTM (Sector)1.61.31.4
P/EBIT TTM (Sector)7.16.36.6
P/E TTM (Sector)4.45.57.0

Market Cap Chart

Business Description

Avery Dennison Corporation manufactures and markets pressure-sensitive materials and products in the United States, Europe, Asia, Latin America, and internationally. The company's Label and Graphic Materials segment offers pressure-sensitive label and packaging materials; and graphics and reflective products under the Fasson, JAC, Avery Dennison, and Mactac brands, as well as durable cast and reflective films. It provides its products to the home and personal care, beer and beverage, durables, pharmaceutical, wine and spirits, and food market segments; architectural, commercial sign, digital printing, and other related market segments; construction, automotive, and fleet transportation market segments, as well as traffic and safety applications; and sign shops, commercial printers, and designers. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
AVY Return21%41%-15%14%-6%-10%40%
Peers Return21%36%-10%-9%31%14%102%
S&P 500 Return16%27%-19%24%23%12%104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: JNJ, MMM, PI, SEE, IP. See AVY Returns vs. Peers.
[3] 2025 data is for the year up to 9/16/2025 (YTD)

Better Bets than Avery Dennison (AVY)

 AVYBetter Performance than AVY
MetricValueIndustry (Paper & Plastic Packaging Prod)
Rev Chg LTM1.7%IP (18.1%), SW (163.8%), PKG (9.0%), AMCR (10.0%), CCK (2.2%)
Rev Chg 3Y Avg-0.8%IP (2.7%), SW (65.7%), PKG (1.0%), AMCR (1.3%), GPK (1.5%)
Op Mgn LTM12.8%PKG (14.9%), CCK (13.6%), SEE (14.9%)
CFO/Rev LTM9.3%PKG (14.9%), CCK (10.9%), SEE (11.0%), SON (9.6%)
FCF/Rev LTM6.9%PKG (7.2%), CCK (8.3%), SEE (7.2%)
Total Yield7.7%AMCR (8.0%), GPK (10.7%), SON (16.3%)
 AVYBetter Performance than AVY
MetricValueAll Other Sectors
Rev Chg LTM1.7%NVDA (71.6%), MSFT (14.9%), AAPL (6.0%), GOOGL (13.1%), AMZN (10.9%)
Rev Chg 3Y Avg-0.8%NVDA (92.0%), MSFT (12.5%), AAPL (1.8%), GOOGL (10.2%), AMZN (11.3%)
Op Mgn LTM12.8%NVDA (58.1%), MSFT (45.6%), AAPL (31.9%), GOOGL (32.7%), META (42.9%)
CFO/Rev LTM9.3%NVDA (46.6%), MSFT (48.3%), AAPL (26.6%), GOOGL (36.0%), AMZN (18.1%)
FCF/Rev LTM6.9%NVDA (43.6%), MSFT (25.4%), AAPL (23.5%), GOOGL (18.0%), META (30.7%)
Total Yield7.7%XOM (9.7%), JNJ (8.2%), BABA (38.9%), UNH (9.4%), CVX (9.3%)

Latest Trefis Analyses

TitleTopicDate
0DASHBOARDS  
1Avery Dennison Earnings Notes  
2Avery Dennison vs Merck: Which Is A Better Investment?Counter-Intuitive Comparisons 
3Avery Dennison vs Newmont: Which Is A Better Investment?Counter-Intuitive Comparisons 
4How Does AVY Stack Up Against Its Peers?  
5Better Bet Than AVY Stock: Pay Less Than Avery Dennison To Get More From MRK, DUK   
6Better Bet Than AVY Stock: Pay Less Than Avery Dennison To Get More From AA, NEU   
7Day 7 of Loss Streak for Avery Dennison Stock with -7.7% Return (vs. -9.4% YTD) [7/31/2025]Notification 
8AVY Dip Buy Analysis  
9Avery Dennison Total Shareholder Return (TSR): -3.2% in 2024 and -1.2% 3-yr compounded annual returns (below peer average)  
10Avery Dennison (AVY) Operating Cash Flow ComparisonFinancials 
11ARTICLES  
12AVY Stock Down -7.7% after 7-Day Loss Streak August 1st, 2025
13While S&P Stays Flat, Avery Dennison Jumps 10% – Time To Buy? September 16th, 2020
14Avery Dennison Stock Looks Attractive At $116 September 11th, 2020
15Avery Dennison Stock Could See Higher Levels September 1st, 2020
Title
0DASHBOARDS
1AVY Stock Down -7.7% after 7-Day Loss Streak
2While S&P Stays Flat, Avery Dennison Jumps 10% – Time To Buy?
3Avery Dennison Stock Looks Attractive At $116
4Avery Dennison Stock Could See Higher Levels
5ARTICLES
6Avery Dennison Earnings Notes
7Avery Dennison vs Merck: Which Is A Better Investment?
8Avery Dennison vs Newmont: Which Is A Better Investment?
9How Does AVY Stack Up Against Its Peers?
10Better Bet Than AVY Stock: Pay Less Than Avery Dennison To Get More From MRK, DUK 
11Better Bet Than AVY Stock: Pay Less Than Avery Dennison To Get More From AA, NEU 
12Day 7 of Loss Streak for Avery Dennison Stock with -7.7% Return (vs. -9.4% YTD) [7/31/2025]
13AVY Dip Buy Analysis
14Avery Dennison Total Shareholder Return (TSR): -3.2% in 2024 and -1.2% 3-yr compounded annual returns (below peer average)
15Avery Dennison (AVY) Operating Cash Flow Comparison

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1BDSXBiodesix1313.2%-78.6%
2CLSDClearside Biomedical954.0%-74.9%
3SDOTSadot624.1%-79.4%
4WLDSWearable Devices498.0%-30.0%
5CHEKCheck-Cap285.6%154.6%
6ATCHAtlasClear275.9%-91.0%
7HSDTHelius Medical Technologies262.5%-95.6%
8OPIOffice Properties Income Trust261.7%-13.4%
9FGIFGI Industries156.8%145.2%
10AIREReAlpha Tech154.0%-56.1%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1NAKAKindly MD-81.4% 
2ATYRaTyr Pharma-79.7%-70.2%
3LGCLLucas GC-73.6%-77.1%
4EPSMEpsium Enterprise-70.1% 
5BNGOBionano Genomics-59.4%-89.7%
6FAASDigiAsia-58.5%-87.2%
7QMMMQMMM-57.5%6775.0%
8VCIGVCI Global-56.9%-99.1%
9YYGHYY-56.6%-78.5%
10XAGELongevity Health-55.5%-86.1%

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1PMIPicard Medical11963.5%11963.5%
2GIBOGIBO9734.4% 
3CHSNChanson International7565.0%-99.3%
4LNZALanzaTech Global7287.5%-86.0%
5QMMMQMMM3031.7%6775.0%
6OESXOrion Energy Systems1497.9%22.9%
7CURXCuranex Pharmaceuticals1401.6%1401.6%
8ENTOEntero Therapeutics565.6%117.6%
9PTNMPitanium553.2% 
10WLDSWearable Devices449.5%-30.0%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1CJETChijet Motor-92.2%-95.0%
2STFSStar Fashion Culture-92.2%-97.8%
3ELPWElong Power-91.6%-76.7%
4NXTTNext Technology-89.6%-95.1%
5NAKAKindly MD-89.0% 
6BINIBollinger Innovations-88.9%-100.0%
7JEM707 Cayman-88.4%-98.2%
8YAASYouxin Technology-82.5%-98.3%
9NEONNeonode-82.0%-50.2%
10NVNOenVVeno Medical-81.5%-69.8%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1BDSXBiodesix1313.2%-78.6%
2CLSDClearside Biomedical954.0%-74.9%
3SDOTSadot624.1%-79.4%
4WLDSWearable Devices498.0%-30.0%
5CHEKCheck-Cap285.6%154.6%
6ATCHAtlasClear275.9%-91.0%
7HSDTHelius Medical Technologies262.5%-95.6%
8OPIOffice Properties Income Trust261.7%-13.4%
9FGIFGI Industries156.8%145.2%
10AIREReAlpha Tech154.0%-56.1%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1NAKAKindly MD-81.4% 
2ATYRaTyr Pharma-79.7%-70.2%
3LGCLLucas GC-73.6%-77.1%
4EPSMEpsium Enterprise-70.1% 
5BNGOBionano Genomics-59.4%-89.7%
6FAASDigiAsia-58.5%-87.2%
7QMMMQMMM-57.5%6775.0%
8VCIGVCI Global-56.9%-99.1%
9YYGHYY-56.6%-78.5%
10XAGELongevity Health-55.5%-86.1%

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Avery Dennison

Financials

AVYJNJMMMPISEEIPMedian
NameAvery De.Johnson .3M Impinj Sealed A.Internat. 
Mkt Price166.23176.46156.50193.7633.8746.24161.37
Mkt Cap13.0424.684.15.55.024.418.7
Rev LTM8,73890,62724,6023645,32521,93415,336
Op Inc LTM1,12122,2284,790-5793274957
FCF LTM60216,397-1,98344382-118213
FCF 3Y Avg57916,9262,24612381507543
CFO LTM81423,028-1,002575831,106698
CFO 3Y Avg84122,2483,640286041,6321,236

Growth & Margins

AVYJNJMMMPISEEIPMedian
NameAvery De.Johnson .3M Impinj Sealed A.Internat. 
Rev Chg LTM1.7%4.7%0.2%21.8%-2.0%18.1%3.2%
Rev Chg 3Y Avg-0.8%4.0%-10.7%23.7%-2.7%2.7%1.0%
Rev Chg Q-0.7%5.8%1.4%-3.3%-0.8%42.9%0.4%
QoQ Delta Rev Chg LTM-0.2%1.5%0.4%-0.7%-0.2%10.2%0.1%
Op Mgn LTM12.8%24.5%19.5%-1.3%14.9%1.2%13.9%
Op Mgn 3Y Avg12.1%26.3%0.5%-7.6%15.2%3.8%7.9%
QoQ Delta Op Mgn LTM-0.0%-0.2%-0.6%0.1%-0.0%-0.3%-0.1%
CFO/Rev LTM9.3%25.4%-4.1%15.7%11.0%5.0%10.1%
CFO/Rev 3Y Avg9.8%25.7%13.1%8.1%11.2%8.2%10.5%
FCF/Rev LTM6.9%18.1%-8.1%12.2%7.2%-0.5%7.0%
FCF/Rev 3Y Avg6.7%19.6%7.9%3.1%7.0%2.6%6.9%

Valuation

AVYJNJMMMPISEEIPMedian
NameAvery De.Johnson .3M Impinj Sealed A.Internat. 
Mkt Cap13.0424.684.15.55.024.418.7
P/S1.54.73.415.30.91.12.5
P/EBIT12.015.114.52,576.26.874.614.8
P/E18.318.721.4-5,798.417.1-904.117.7
P/CFO16.018.4-83.997.38.522.117.2
Total Yield7.7%8.2%5.6%-0.0%7.0%3.2%6.3%
Dividend Yield2.2%2.8%0.9%0.0%1.2%3.3%1.7%
FCF Yield 3Y Avg3.8%4.5%4.9%0.2%7.7%4.2%4.4%
D/E0.30.10.20.10.90.40.2
Net D/E0.30.10.10.00.80.40.2

Returns

AVYJNJMMMPISEEIPMedian
NameAvery De.Johnson .3M Impinj Sealed A.Internat. 
1M Rtn-4.4%0.6%3.2%19.8%7.9%-0.8%1.9%
3M Rtn-3.9%16.7%10.6%86.3%10.3%1.7%10.4%
6M Rtn-6.6%9.2%4.7%111.9%14.8%-9.4%6.9%
12M Rtn-23.3%9.1%18.6%3.8%2.3%-3.8%3.0%
3Y Rtn1.1%15.4%80.6%116.7%-25.6%50.5%32.9%
1M Excs Rtn-6.8%-1.8%0.7%17.3%5.5%-3.2%-0.5%
3M Excs Rtn-14.8%5.0%-1.1%73.7%-1.0%-9.3%-1.0%
6M Excs Rtn-22.9%-6.3%-13.3%92.5%-2.8%-25.0%-9.8%
12M Excs Rtn-40.4%-7.4%2.8%-12.8%-12.9%-18.1%-12.9%
3Y Excs Rtn-70.7%-45.8%8.6%49.1%-97.0%-35.3%-40.6%

Financials

$ Mil | FY: 12/282025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q3
Period End6/28/20253/29/202512/28/20249/28/20246/29/20243/30/202412/30/20239/30/20237/1/20234/1/202312/31/202210/1/2022
Filing Date7/29/20254/29/20252/26/202510/29/20247/30/20244/30/20242/21/202410/31/20238/1/20235/2/20232/22/202311/1/2022
Key Financials Quarterly            
Total Revenue2,2202,1482,1862,1832,2352,1512,1102,0982,0902,0652,0262,317
Ebitda370336349347346340308291246267265366
Operating Income287274280280289267261261234208188288
Net Income189166174182177172143138100121123222
EPS2.422.102.182.262.192.141.781.721.241.501.522.73
Key Financials TTM            
Total Revenue TTM8,7388,7538,7568,6808,5958,4518,3648,2808,4988,7559,0399,197
Ebitda TTM1,4021,3781,3831,3421,2861,1851,1121,0691,1441,2801,3741,446
Operating Income TTM1,1211,1231,1151,0971,0781,0239648919189951,0731,138
Net Income TTM711699705674631554503483566680757817
Growth Rates Quarterly            
Total Revenue Growth-0.7%-0.1%3.6%4.1%6.9%4.2%4.2%-9.4%-10.9%-12.1%-7.2%11.8%
EBITDA Growth7.0%-1.3%13.1%19.5%40.7%27.5%16.3%-20.5%-35.6%-26.1%-21.2%20.2%
Operating Income Growth-0.7%2.8%7.2%7.2%23.5%28.4%39.0%-9.5%-24.8%-27.4%-25.7%12.0%
Net Income Growth6.9%-3.5%21.6%31.4%76.1%42.2%16.4%-37.6%-53.2%-38.8%-32.7%35.0%
Margins Quarterly            
EBITDA Margin16.7%15.6%16.0%15.9%15.5%15.8%14.6%13.9%11.8%12.9%13.1%15.8%
Operating Income Margin12.9%12.8%12.8%12.8%12.9%12.4%12.4%12.4%11.2%10.1%9.3%12.4%
Net Income Margin8.5%7.7%8.0%8.3%7.9%8.0%6.8%6.6%4.8%5.9%6.1%9.6%
Cash & Debt            
Total Cash216196329213209186215210217351167128
Total Debt3,5503,4593,1523,1593,2193,2403,2443,3143,5463,5593,1023,133
Net Debt / (Cash)3,3343,2632,8232,9463,0103,0553,0293,1043,3283,2082,9353,005
Cash Flows Quarterly            
FCF from Operations209-163512701981203123231902346221
Cash Flows TTM            
FCF from Operations TTM814803939900952944826860758837961899
Returns to Shareholders Quarterly            
Dividends746970717165656565616161
Share Repurchases98262140672516202839516150
Return on Invested Capital (ROIC) Quarterly            
ROIC25.4%24.7%28.6%28.8%28.5%25.7%24.5%25.2%20.1%18.7%18.6%31.2%
Return on Invested Capital (ROIC) TTM            
ROIC TTM24.8%25.4%29.2%27.5%26.3%24.4%23.0%20.9%20.8%23.5%27.7%28.8%

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Materials Group5,9686,6326,312  
Solutions Group2,5882,5822,239  
Intersegment sales-193-174-143  
Industrial and Healthcare Materials   626674
Label and Graphic Materials   4,7154,746
Retail Branding and Information Solutions   1,6311,650
Total8,3649,0398,4086,9727,070


Price Behavior

AVY Betas & Captures as of 8/31/2025

 1M2M3M6M1Y3Y
Beta0.570.750.890.630.590.80
Up Beta1.230.991.130.720.690.91
Down Beta0.45-0.060.840.350.330.62
Up Capture46%41%46%53%36%41%
Bmk +ve Days10223571142415
Stock +ve Days13212959116388
Down Capture20%149%125%89%89%97%
Bmk -ve Days11192754106334
Stock -ve Days8203366132362

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity1,537,467
Short Interest: % Change Since 8152025-4.8%
Average Daily Volume539,685
Days-to-Cover Short Interest2.85
Basic Shares Quantity78,200,000
Short % of Basic Shares2.0%

Returns Analyses

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/22/20251.5%-2.6%-2.1%
4/23/2025-2.6%-1.8%3.0%
1/30/2025-5.4%-4.3%-2.6%
10/23/2024-2.2%-2.9%-6.9%
7/23/2024-1.6%-5.0%-5.3%
4/24/20240.5%2.8%8.5%
1/31/2024-0.9%-1.4%7.6%
10/25/2023-2.7%0.6%9.7%
...
SUMMARY STATS   
# Positive101312
# Negative141112
Median Positive4.5%4.4%9.1%
Median Negative-2.4%-4.3%-3.7%
Max Positive7.2%10.9%12.8%
Max Negative-7.8%-10.7%-16.7%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025729202510-Q 6/28/2025
3312025429202510-Q 3/29/2025
12312024226202510-K 12/28/2024
93020241029202410-Q 9/28/2024
6302024730202410-Q 6/29/2024
3312024430202410-Q 3/30/2024
12312023221202410-K 12/30/2023
93020231031202310-Q 9/30/2023
6302023801202310-Q 7/1/2023
3312023502202310-Q 4/1/2023
12312022222202310-K 12/31/2022
93020221101202210-Q 10/1/2022
6302022802202210-Q 7/2/2022
3312022503202210-Q 4/2/2022
12312021223202210-K 1/1/2022
93020211102202110-Q 10/2/2021

Insider Activity

Expand for More

 OwnerTitleFiling DateActionPriceSharesTransacted
Value		Value of
Held Shares		Form
0Butier Mitchell RExecutive Chairman3072025Sell181.225,6511,024,06456,295,253Form
1Butier Mitchell RExecutive Chairman3062025Sell186.198,0681,502,19958,892,624Form
2Colisto NicholasSVP & CIO11272024Sell206.003,679757,8561,467,920Form

External Quote Links


Prefer one of these to Trefis? Tell us why.