Avery Dennison revenue and financials
$168.45Change from previous close: −0.91%Absolute change: −$1.55
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 408 | 137 | 377 | 312 | 209 | -16.3 | 351 | 270 | 198 | 120 | 312 | 323 |
| Depreciation and amortization | 86.4 | 86.8 | 45.3 | 84.0 | 80.8 | 77.9 | 45.1 | 78.1 | 78.6 | 77.3 | 49.1 | 75.1 |
| Capital expenditure | -39.2 | -28.3 | -67.1 | -35.9 | -30.0 | -36.0 | -69.5 | -43.0 | -47.5 | -48.8 | -92.3 | -57.1 |
| Investing cash flow | -118 | -32.6 | -491 | -43.4 | -28.0 | -33.2 | -73.6 | -50.7 | -56.8 | -62.0 | -115 | -22.3 |
| Financing cash flow | -319 | -50.6 | -219 | 52.9 | -164 | -84.9 | -156 | -218 | -117 | -85.0 | -195 | -306 |
| Dividends paid | -76.2 | -72.3 | -72.4 | -73.1 | -73.5 | -69.4 | -70.4 | -70.9 | -70.9 | -65.3 | -65.2 | -65.3 |
| Share repurchases | -138 | -69.8 | -119 | -93.7 | -99.1 | -274 | -140 | -56.6 | -25.2 | -33.9 | -20.4 | -27.7 |
| Debt issued | -93.2 | 93.2 | -59.8 | 243 | 19.7 | 797 | 331 | 208 | -15.9 | 15.9 | -70.6 | -211 |
| Debt repaid | -11.3 | -1.7 | -1.1 | -6.7 | -26.6 | -525 | -272 | -300 | -4.0 | -1.7 | -38.3 | -1.6 |
| Effect of exchange rates | 0.8 | -1.0 | 0.4 | -1.2 | 2.8 | 1.2 | -4.9 | 2.2 | -0.7 | -2.1 | 2.5 | -1.7 |
| Net change in cash | -27.8 | 52.3 | -334 | 320 | 20.0 | -133 | 116 | 3.9 | 23.1 | -29.3 | 5.1 | -7.2 |
| Free cash flow | 369 | 108 | 310 | 276 | 179 | -52.3 | 282 | 227 | 150 | 71.0 | 220 | 266 |
| Levered free cash flow | 329 | 155 | 256 | 250 | 134 | -35.2 | 305 | 175 | 120 | 165 | 176 | 241 |