Avery Dennison revenue and financials
$170.00Change from previous close: +0.08%Absolute change: +$0.13
In the fiscal year ended December 2025, Avery Dennison reported revenue of $8.86B (+1.14% year over year). Net income was $688M, a net margin of 7.8%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +1.14%
- 2025 vs 2024
- Net income growth
- −2.40%
- 2025 vs 2024
- Net margin
- 7.8%
- 2024: 8.1%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 8,856 | 8,756 | 8,364 | 9,039 | 8,408 | 6,972 | 7,070 | 7,159 | 6,614 | 6,087 |
| Cost of revenue | 6,309 | 6,225 | 6,087 | 6,635 | 6,096 | 5,048 | 5,166 | 5,244 | 4,802 | 4,387 |
| Gross profit | 2,546 | 2,531 | 2,278 | 2,404 | 2,313 | 1,923 | 1,904 | 1,916 | 1,812 | 1,700 |
| Selling, general and administrative | 1,279 | 1,249 | 1,172 | 1,180 | 1,128 | — | — | — | — | — |
| Research and development | 137 | 138 | 136 | 136 | 137 | 113 | 92.6 | 98.2 | 93.4 | 89.7 |
| Operating income | 1,131 | 1,144 | 969 | 1,088 | 1,048 | — | — | — | — | — |
| EBIT | 1,131 | 1,144 | 969 | 1,088 | 1,048 | — | — | — | — | — |
| EBITDA | 1,419 | 1,423 | 1,240 | 1,349 | 1,262 | — | — | — | — | — |
| Interest expense | 135 | 117 | 119 | 84.1 | 70.2 | 70.0 | 75.8 | 58.5 | 63.0 | 59.9 |
| Pre-tax income | 925 | 954 | 695 | 999 | 989 | — | — | — | — | — |
| Income tax | 237 | 249 | 192 | 242 | 249 | 178 | -56.7 | 85.4 | 308 | 156 |
| Net income | 688 | 705 | 503 | 757 | 740 | 556 | 304 | 467 | 282 | 321 |
| Net income to common shareholders | 688 | 705 | 503 | 757 | 740 | — | — | — | — | — |
| Basic EPS | 8.81 | 8.77 | 6.23 | 9.28 | 8.93 | 6.67 | 3.61 | 5.35 | 3.19 | 3.60 |
| Diluted EPS | 8.79 | 8.73 | 6.20 | 9.21 | 8.83 | 6.61 | 3.57 | 5.28 | 3.13 | 3.54 |
| Average shares (basic) | 78.1 | 80.4 | 80.7 | 81.6 | 82.9 | — | — | — | — | — |
| Average shares (diluted) | 78.3 | 80.7 | 81.1 | 82.2 | 83.8 | 84.1 | 85.0 | 88.6 | 90.1 | 90.7 |
| Dividend per share | 3.70 | 3.45 | 3.18 | 2.93 | 2.66 | — | — | — | — | — |