Avery Dennison Corporation

NYSE:AVY Stock Report

Market Cap: US$17.5b

Avery Dennison Past Earnings Performance

Past criteria checks 2/6

Avery Dennison has been growing earnings at an average annual rate of 12.4%, while the Packaging industry saw earnings growing at 10.8% annually. Revenues have been growing at an average rate of 5.6% per year. Avery Dennison's return on equity is 25.1%, and it has net margins of 6.6%.

Key information

12.4%

Earnings growth rate

13.2%

EPS growth rate

Packaging Industry Growth12.0%
Revenue growth rate5.6%
Return on equity25.1%
Net Margin6.6%
Last Earnings Update30 Mar 2024

Recent past performance updates

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

Recent updates

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

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

Nov 06
Is Avery Dennison (NYSE:AVY) A Risky Investment?

Avery Dennison Corporation's (NYSE:AVY) Intrinsic Value Is Potentially 27% Above Its Share Price

Oct 20
Avery Dennison Corporation's (NYSE:AVY) Intrinsic Value Is Potentially 27% Above Its Share Price

Avery Dennison: Fundamentally Sound But Fully Priced

Oct 06

At US$177, Is It Time To Put Avery Dennison Corporation (NYSE:AVY) On Your Watch List?

Aug 20
At US$177, Is It Time To Put Avery Dennison Corporation (NYSE:AVY) On Your Watch List?

Avery Dennison (NYSE:AVY) Has A Somewhat Strained Balance Sheet

Aug 01
Avery Dennison (NYSE:AVY) Has A Somewhat Strained Balance Sheet

Avery Dennison: Diversification Of Operations Resulting In Improved Cash Flows

Jul 24

Calculating The Intrinsic Value Of Avery Dennison Corporation (NYSE:AVY)

Jul 02
Calculating The Intrinsic Value Of Avery Dennison Corporation (NYSE:AVY)

What Does Avery Dennison Corporation's (NYSE:AVY) Share Price Indicate?

Apr 27
What Does Avery Dennison Corporation's (NYSE:AVY) Share Price Indicate?

Is Avery Dennison (NYSE:AVY) Using Too Much Debt?

Apr 09
Is Avery Dennison (NYSE:AVY) Using Too Much Debt?

Is Avery Dennison Corporation (NYSE:AVY) Trading At A 36% Discount?

Mar 24
Is Avery Dennison Corporation (NYSE:AVY) Trading At A 36% Discount?

Avery Dennison Q4 2022 Earnings Preview: Shares Still Offer Upside From Here

Jan 29

What Does Avery Dennison Corporation's (NYSE:AVY) Share Price Indicate?

Jan 16
What Does Avery Dennison Corporation's (NYSE:AVY) Share Price Indicate?

Is Avery Dennison (NYSE:AVY) Using Too Much Debt?

Dec 20
Is Avery Dennison (NYSE:AVY) Using Too Much Debt?

An Intrinsic Calculation For Avery Dennison Corporation (NYSE:AVY) Suggests It's 44% Undervalued

Dec 06
An Intrinsic Calculation For Avery Dennison Corporation (NYSE:AVY) Suggests It's 44% Undervalued

If EPS Growth Is Important To You, Avery Dennison (NYSE:AVY) Presents An Opportunity

Nov 22
If EPS Growth Is Important To You, Avery Dennison (NYSE:AVY) Presents An Opportunity

Avery Dennison: Facing Supply Chain, Inventory Headwinds

Nov 13

Avery Dennison Q3 2022 Earnings Preview

Oct 25

What Is Avery Dennison Corporation's (NYSE:AVY) Share Price Doing?

Oct 18
What Is Avery Dennison Corporation's (NYSE:AVY) Share Price Doing?

Here's Why Avery Dennison (NYSE:AVY) Can Manage Its Debt Responsibly

Sep 12
Here's Why Avery Dennison (NYSE:AVY) Can Manage Its Debt Responsibly

Avery Dennison: The Easy Money Has Been Made, But Further Upside Potential Exists

Aug 29

Avery Dennison (NYSE:AVY) Has Announced That It Will Be Increasing Its Dividend To $0.75

Aug 25
Avery Dennison (NYSE:AVY) Has Announced That It Will Be Increasing Its Dividend To $0.75

Avery Dennison Q2 2022 Earnings Preview

Jul 26

Do Avery Dennison's (NYSE:AVY) Earnings Warrant Your Attention?

Jul 12
Do Avery Dennison's (NYSE:AVY) Earnings Warrant Your Attention?

Revenue & Expenses Breakdown
Beta

How Avery Dennison makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:AVY Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Mar 248,4515541,177136
30 Dec 238,3645031,146136
30 Sep 238,2804831,148136
01 Jul 238,4995661,146136
01 Apr 238,7556801,159136
31 Dec 229,0397571,180136
01 Oct 229,1978171,231137
02 Jul 228,9517601,197137
02 Apr 228,7067291,171137
01 Jan 228,4087401,128137
02 Oct 218,2167491,094113
03 Jul 217,8737351,056113
03 Apr 217,300631968113
02 Jan 216,972556937113
26 Sep 206,75452794693
27 Jun 206,78652195393
28 Mar 207,05358599993
28 Dec 197,07030499493
28 Sep 197,0662381,05024
29 Jun 197,0642431,03648
30 Mar 197,1231951,03173
29 Dec 187,1594671,01598
29 Sep 187,1263111,03498
30 Jun 187,0452701,02797
31 Mar 186,81829599195
30 Dec 176,61428298993
30 Sep 176,42940398892
01 Jul 176,25938498991
01 Apr 176,1733431,01790
31 Dec 166,0873211,01290
01 Oct 165,9913151,01489
02 Jul 165,95030799589
02 Apr 165,92429298489
02 Jan 165,9672741,01992
03 Oct 156,1172881,00196
04 Jul 156,2082681,00199
04 Apr 156,3082481,027103
03 Jan 156,3302471,013103
27 Sep 146,3092221,049102
28 Jun 146,2552231,09699
29 Mar 146,1912491,08597
28 Dec 136,1402421,04296
28 Sep 136,0392281,05495
29 Jun 135,9812021,05896

Quality Earnings: AVY has high quality earnings.

Growing Profit Margin: AVY's current net profit margins (6.6%) are lower than last year (7.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: AVY's earnings have grown by 12.4% per year over the past 5 years.

Accelerating Growth: AVY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AVY had negative earnings growth (-18.7%) over the past year, making it difficult to compare to the Packaging industry average (-23.3%).


Return on Equity

High ROE: Whilst AVY's Return on Equity (25.15%) is high, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


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