Avery Dennison Corporation (AVY) Financial Statements

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Avery Dennison financial statements at a glance

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.

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Avery Dennison Corporation

AVYUnited States
Non-Energy Raw Materials
USD (Local)

Income Statement

Annual • USD

Revenue
8.86B
Prev Year: 8.76B
YoY: +1.1%
Total Revenue
-
Cost of Revenue
6.31B
Prev Year: 6.22B
YoY: +1.4%
Gross Profit
2.55B
Prev Year: 2.53B
YoY: +0.6%
SG&A Expenses
1.29B
Prev Year: 1.28B
YoY: +0.7%
Operating Expense
-
R&D Expense
136.60M
Prev Year: 137.80M
YoY: -0.9%
Interest Exp.(Inc.),Net-Operating, Total
158.70M
Prev Year: 136.20M
YoY: +16.5%
Net Non Operating Interest Income Expense
-
Operating Expenses
7.94B
Prev Year: 7.83B
YoY: +1.5%
Other Income Expense
-
Operating Income
910.90M
Prev Year: 926.80M
YoY: -1.7%
Pre-tax Income
-
Other, Net
14.20M
Prev Year: 26.70M
YoY: -46.8%
Net Income Before Taxes
925.10M
Prev Year: 953.50M
YoY: -3.0%
Net Income Common Stockholders
-
Provision for Income Taxes
237.10M
Prev Year: 248.60M
YoY: -4.6%
Diluted NI Available to Com Stockholders
-
Net Income After Taxes
688.00M
Prev Year: 704.90M
YoY: -2.4%
Basic EPS
-
Net Income Before Extra. Items
688.00M
Prev Year: 704.90M
YoY: -2.4%
Diluted EPS
-
Net Income
688.00M
Prev Year: 704.90M
YoY: -2.4%
Weighted Average Shares (basic)
-
Income Available to Com Excl ExtraOrd
688.00M
Prev Year: 704.90M
YoY: -2.4%
Weighted Average Shares (diluted)
-
Income Available to Com Incl ExtraOrd
688.00M
Prev Year: 704.90M
YoY: -2.4%
Total Expenses
-
Diluted Net Income
688.00M
Prev Year: 704.90M
YoY: -2.4%
Net Income from Continuing and Discontinued Operation
-
Diluted Weighted Average Shares
78.30M
Prev Year: 80.70M
YoY: -3.0%
Normalized Income
-
Diluted EPS Excluding ExtraOrd Items
8.787
Prev Year: 8.735
YoY: +0.6%
Interest Expense
-
DPS - Common Stock Primary Issue
3.7
Prev Year: 3.45
YoY: +7.2%
Net Interest Income
-
Diluted Normalized EPS
9.302
Prev Year: 9.215
YoY: +0.9%
EBIT
-
Unusual Expense (Income)
54.20M
Prev Year: 52.40M
YoY: +3.4%
EBITDA
-
Values in USD

Avery Dennison key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
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.

Questions and answers

What was Avery Dennison's revenue in fiscal year 2025?

$8.86 billion, up 1.1% from $8.76 billion in fiscal year 2024.

How much profit does Avery Dennison make?

Avery Dennison reported net income of $688.00 million for fiscal year 2025 (7.8% of revenue); operating income was $910.90 million.

How much cash and debt does Avery Dennison have?

At the end of fiscal year 2025: total debt of $3.73 billion.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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