Avery Dennison Corporation

NYSE:AVY Stock Report

Market Cap: US$14.7b

Avery Dennison Balance Sheet Health

Financial Health criteria checks 4/6

Avery Dennison has a total shareholder equity of $2.3B and total debt of $3.2B, which brings its debt-to-equity ratio to 135.9%. Its total assets and total liabilities are $8.4B and $6.1B respectively. Avery Dennison's EBIT is $1.1B making its interest coverage ratio 10.1. It has cash and short-term investments of $329.1M.

Key information

135.9%

Debt to equity ratio

US$3.15b

Debt

Interest coverage ratio9.5x
CashUS$329.10m
EquityUS$2.32b
Total liabilitiesUS$6.09b
Total assetsUS$8.41b

Recent financial health updates

Recent updates

Why We're Not Concerned About Avery Dennison Corporation's (NYSE:AVY) Share Price

Jan 31
Why We're Not Concerned About Avery Dennison Corporation's (NYSE:AVY) Share Price

Avery Dennison Corporation (NYSE:AVY) Shares Could Be 38% Below Their Intrinsic Value Estimate

Jan 16
Avery Dennison Corporation (NYSE:AVY) Shares Could Be 38% Below Their Intrinsic Value Estimate

Avery Dennison: Labeling A Better Future

Jan 03

These 4 Measures Indicate That Avery Dennison (NYSE:AVY) Is Using Debt Reasonably Well

Dec 17
These 4 Measures Indicate That Avery Dennison (NYSE:AVY) Is Using Debt Reasonably Well

When Should You Buy Avery Dennison Corporation (NYSE:AVY)?

Nov 24
When Should You Buy Avery Dennison Corporation (NYSE:AVY)?

Avery Dennison Corporation's (NYSE:AVY) Intrinsic Value Is Potentially 63% Above Its Share Price

Oct 18
Avery Dennison Corporation's (NYSE:AVY) Intrinsic Value Is Potentially 63% Above Its Share Price

Avery Dennison Poised For Gains As Inventory Destocking Fades

Sep 26

Shareholders Should Be Pleased With Avery Dennison Corporation's (NYSE:AVY) Price

Sep 03
Shareholders Should Be Pleased With Avery Dennison Corporation's (NYSE:AVY) Price

Avery Dennison (NYSE:AVY) Seems To Use Debt Quite Sensibly

Aug 19
Avery Dennison (NYSE:AVY) Seems To Use Debt Quite Sensibly

Are Investors Undervaluing Avery Dennison Corporation (NYSE:AVY) By 25%?

Jul 12
Are Investors Undervaluing Avery Dennison Corporation (NYSE:AVY) By 25%?

Avery Dennison's Share Price Should Keep Rising With Stronger Bottom Line

Jul 08

At US$227, Is It Time To Put Avery Dennison Corporation (NYSE:AVY) On Your Watch List?

Jun 24
At US$227, Is It Time To Put Avery Dennison Corporation (NYSE:AVY) On Your Watch List?

Is Avery Dennison (NYSE:AVY) A Risky Investment?

May 14
Is Avery Dennison (NYSE:AVY) A Risky Investment?

Avery Dennison (NYSE:AVY) Will Pay A Larger Dividend Than Last Year At $0.88

Apr 29
Avery Dennison (NYSE:AVY) Will Pay A Larger Dividend Than Last Year At $0.88

Analysts Are Updating Their Avery Dennison Corporation (NYSE:AVY) Estimates After Its First-Quarter Results

Apr 26
Analysts Are Updating Their Avery Dennison Corporation (NYSE:AVY) Estimates After Its First-Quarter Results

Market Participants Recognise Avery Dennison Corporation's (NYSE:AVY) Earnings

Mar 29
Market Participants Recognise Avery Dennison Corporation's (NYSE:AVY) Earnings

Avery Dennison: Despite Growth Prospects, A Downgrade Is In Store

Mar 15

Is Avery Dennison Corporation (NYSE:AVY) Potentially Undervalued?

Mar 14
Is Avery Dennison Corporation (NYSE:AVY) Potentially Undervalued?

Is Avery Dennison Corporation (NYSE:AVY) Trading At A 26% Discount?

Feb 23
Is Avery Dennison Corporation (NYSE:AVY) Trading At A 26% Discount?

We Think You Can Look Beyond Avery Dennison's (NYSE:AVY) Lackluster Earnings

Feb 07
We Think You Can Look Beyond Avery Dennison's (NYSE:AVY) Lackluster Earnings

Avery Dennison (NYSE:AVY) Has A Pretty Healthy Balance Sheet

Feb 05
Avery Dennison (NYSE:AVY) Has A Pretty Healthy Balance Sheet

The High P/E Of Avery Dennison Is Too Rich For Me

Dec 12

Avery Dennison: Fundamentally Sound But Fully Priced

Oct 06

Avery Dennison: Diversification Of Operations Resulting In Improved Cash Flows

Jul 24

Financial Position Analysis

Short Term Liabilities: AVY's short term assets ($3.1B) exceed its short term liabilities ($2.9B).

Long Term Liabilities: AVY's short term assets ($3.1B) do not cover its long term liabilities ($3.2B).


Debt to Equity History and Analysis

Debt Level: AVY's net debt to equity ratio (121.7%) is considered high.

Reducing Debt: AVY's debt to equity ratio has reduced from 158.7% to 135.9% over the past 5 years.

Debt Coverage: AVY's debt is well covered by operating cash flow (29.8%).

Interest Coverage: AVY's interest payments on its debt are well covered by EBIT (10.1x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 22:45
End of Day Share Price 2025/01/31 00:00
Earnings2024/12/28
Annual Earnings2024/12/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Avery Dennison Corporation is covered by 26 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Ghansham PanjabiBaird
Peter RuschmeierBarclays