Avery Dennison Corporation

NYSE:AVY Stock Report

Market Cap: US$15.1b

Avery Dennison Past Earnings Performance

Past criteria checks 5/6

Avery Dennison has been growing earnings at an average annual rate of 6.1%, while the Packaging industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 5.2% per year. Avery Dennison's return on equity is 28.2%, and it has net margins of 7.8%.

Key information

6.1%

Earnings growth rate

7.0%

EPS growth rate

Packaging Industry Growth12.0%
Revenue growth rate5.2%
Return on equity28.2%
Net Margin7.8%
Last Earnings Update28 Sep 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

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

Revenue & Expenses Breakdown

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
28 Sep 248,6816741,253136
29 Jun 248,5956311,231136
30 Mar 248,4515541,177136
30 Dec 238,3645031,146136
30 Sep 238,2804831,140136
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

Quality Earnings: AVY has high quality earnings.

Growing Profit Margin: AVY's current net profit margins (7.8%) are higher than last year (5.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AVY's earnings have grown by 6.1% per year over the past 5 years.

Accelerating Growth: AVY's earnings growth over the past year (39.1%) exceeds its 5-year average (6.1% per year).

Earnings vs Industry: AVY earnings growth over the past year (39.1%) exceeded the Packaging industry -20.4%.

Return on Equity

High ROE: Whilst AVY's Return on Equity (28.15%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 08:40
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/28
Annual Earnings2023/12/30

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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