Avery Dennison reported revenue of $8.86 billion for fiscal year 2025 (ended December 31, 2025), up 1.1% from fiscal year 2024. Net income was $688.00 million, a net margin of 7.8%.
At the end of fiscal year 2025 it had total assets of $8.80 billion, total liabilities of $6.56 billion and shareholders' equity of $2.24 billion, with total debt of $3.73 billion.
Its operations brought in $881.40 million of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

Annual • USD
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $8.9B | $8.8B | $8.4B | $9.0B | $8.4B |
| Gross profit | $2.5B | $2.5B | $2.3B | $2.4B | $2.3B |
| Operating income | $910.9M | $926.8M | $663.9M | $989.9M | $1.1B |
| Net income | $688.0M | $704.9M | $503.0M | $757.1M | $740.1M |
| Diluted EPS | – | – | – | – | $8.83 |
| Total assets | $8.8B | $8.4B | $8.2B | $8.0B | $8.0B |
| Total liabilities | $6.6B | $6.1B | $6.1B | $5.9B | $6.0B |
| Shareholders' equity | $2.2B | $2.3B | $2.1B | $2.0B | $1.9B |
| Cash | – | – | – | – | $162.7M |
| Total debt | $3.7B | $3.2B | $3.2B | $3.1B | $3.1B |
| Operating cash flow | $881.4M | $938.8M | $826.0M | $961.0M | $1.0B |
| Capital spending | – | – | – | – | $272.1M |
| Free cash flow | – | – | – | – | $774.7M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
$8.86 billion, up 1.1% from $8.76 billion in fiscal year 2024.
Avery Dennison reported net income of $688.00 million for fiscal year 2025 (7.8% of revenue); operating income was $910.90 million.
At the end of fiscal year 2025: total debt of $3.73 billion.