Avery Dennison (AVY): financials, SEC filings and peers
Avery Dennison (AVY) is a paper & plastic packaging products & materials company in the Materials sector of the S&P 500, headquartered in Mentor, Ohio.
It was founded in 1935 and joined the S&P 500 on December 31, 1987.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “Converted Paper & Paperboard Prods (No Contaners/Boxes)”.
Avery Dennison at a glance
- Revenue (12 months)
- $9.2B
- Revenue growth
- +5.8%
- Operating margin
- 12.0%
- Net income (12 months)
- $705M
- Free cash flow (12 months)
- $1.1B
- Cash
- $227M
- Debt
- $3.7B
- Diluted EPS (12 months)
- $9.13
Twelve months to June 30, 2026, from the 10-Q filed August 4, 2026.
Latest twelve months
Over the twelve months to June 30, 2026, Avery Dennison reported revenue of $9.2 billion, about the same as a year earlier (+5.8%).
Its operating margin was 12.0%: for every $100 of sales, about $12 was left as operating profit.
Net income was $705 million (7.6% of revenue), 0.9% lower than a year earlier.
Operating cash flow was $1.2 billion and capital spending $171 million, leaving free cash flow of $1.1 billion (11.5% of revenue).
At the end of the period it held $227 million in cash and $3.7 billion in debt, a net debt position of $3.5 billion.
The diluted share count fell 2.4% in a year, typically the result of buybacks.
Five-year trend
- Revenue went from $7.0 billion in fiscal 2021 to $8.9 billion in fiscal 2025, about 4.9% a year.
- Free cash flow was positive in each of the last 6 fiscal years.
| Fiscal year | 2022 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $8.4B | $9.0B | $8.4B | $8.8B | $8.9B |
| Revenue growth | 20.6% | 7.5% | -7.5% | 4.7% | 1.1% |
| Operating margin | — | — | — | — | — |
| Net income | $740M | $757M | $503M | $705M | $688M |
| Free cash flow | $792M | $683M | $561M | $730M | $712M |
| Diluted EPS | $8.83 | $9.21 | $6.20 | $8.73 | $8.79 |
Fiscal years as reported in Avery Dennison’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed August 19, 2026 — Other event
- 10-Q filed August 4, 2026 — quarterly report
- 8-K filed July 30, 2026 — Earnings results
- 8-K filed June 4, 2026 — Executive or director change
- 10-Q filed May 5, 2026 — quarterly report
- 8-K filed May 1, 2026 — Shareholder vote results
- 8-K filed April 28, 2026 — Earnings results
- 8-K filed February 26, 2026 — Bylaw or fiscal-year change
Companies like Avery Dennison
Other S&P 500 companies in Paper & Plastic Packaging Products & Materials:
- AMCRAmcorWarmley, Bristol, United Kingdom
- IPInternational PaperMemphis, Tennessee
- PKGPackaging Corporation of AmericaLake Forest, Illinois
- SWSmurfit WestrockDublin, Ireland
More from Materials
Questions about Avery Dennison
Is Avery Dennison's revenue growing?
Yes. Revenue for the twelve months to June 30, 2026 was $9.2 billion, up 5.8% from a year earlier, according to its SEC filings.
Is Avery Dennison profitable?
Yes. It earned $705 million in net income over the twelve months to June 30, 2026, a net margin of 7.6%.
Does Avery Dennison have more cash or more debt?
At June 30, 2026 it had $227 million in cash and $3.7 billion in debt, so more debt than cash.
When did Avery Dennison last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on August 4, 2026.
Which companies are similar to Avery Dennison?
In the S&P 500, Avery Dennison is grouped in Paper & Plastic Packaging Products & Materials within the Materials sector. Amcor (AMCR), International Paper (IP), Packaging Corporation of America (PKG), Smurfit Westrock (SW) are in the same group.
Understand the numbers
Source: Avery Dennison’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.