Avery Dennison Corporation (AVY) — Financial statements
Income statement, balance sheet, and cash flow for Avery Dennison Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 8,856↑1.1% | 8,756↑4.7% | 8,364↓7.5% | 9,039↑7.5% | 8,408 | |
| Cost of Revenue | 6,309↑1.3% | 6,228↑2.3% | 6,090↓8.3% | 6,641↑8.9% | 6,099 | |
| Gross Profit | 2,546↑0.7% | 2,528↑11.1% | 2,274↓5.2% | 2,399↑3.9% | 2,309 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00↓100.0% | 138↑1.5% | 136↓0.2% | 136↓0.4% | 137 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,442↑14.3% | 1,262↑6.7% | 1,183↓0.6% | 1,190↑5.1% | 1,133 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 1,442↑3.0% | 1,400↑6.1% | 1,319↓0.6% | 1,327↑4.5% | 1,270 | |
| Total Costs & Expenses | 7,752↑1.6% | 7,628↑3.0% | 7,409↓7.0% | 7,967↑8.1% | 7,369 | |
| Operating Results | ||||||
| Operating Income | 1,104↓2.1% | 1,127↑18.1% | 955↓10.9% | 1,072↑3.1% | 1,040 | |
| Depreciation & Amortization | 243↓22.3% | 312↑4.6% | 298↑2.6% | 291↑19.1% | 244 | |
| EBITDA | 1,303↓5.7% | 1,383↑24.3% | 1,112↓19.1% | 1,374↑5.1% | 1,307 | |
| EBIT | 1,060↓0.9% | 1,071↑31.6% | 814↓24.9% | 1,083↑1.9% | 1,063 | |
| Interest & Other Income | ||||||
| Net Interest Income | -135↓15.7% | -117↓9.1% | -107↓27.5% | -84↓19.8% | -70 | |
| Interest Income | 0.00 | 0.00↓100.0% | 12 | 0.00 | 0.00 | |
| Interest Expense | 135↑15.7% | 117↓1.7% | 119↑41.5% | 84↑19.8% | 70 | |
| Non-Operating Income | 43↓23.7% | 57↓59.7% | 141↑1349.6% | -11↑51.1% | -23 | |
| Other Income / Expenses | -179↓2.8% | -174↑33.2% | -260↓257.4% | -73↓42.7% | -51 | |
| Income Before Tax | 925↓3.0% | 954↑37.3% | 695↓30.5% | 999↑1.1% | 989 | |
| Income Tax Expense | 237↓4.6% | 249↑29.7% | 192↓20.9% | 242↓2.6% | 249 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 688↓2.4% | 705↑40.1% | 503↓33.6% | 757↑2.3% | 740 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 688↓2.4% | 705↑40.1% | 503↓33.6% | 757↑2.3% | 740 | |
| Bottom-Line Net Income | 688↓2.4% | 705↑40.1% | 503↓33.6% | 757↑2.3% | 740 | |
| EPS (Basic) | 8.80↑0.8% | 8.73↑40.1% | 6.23↓32.9% | 9.28↑3.9% | 8.93 | |
| EPS (Diluted) | 8.78↑0.6% | 8.73↑40.8% | 6.20↓32.7% | 9.21↑4.3% | 8.83 | |
| Weighted Average Shares | 77↓3.7% | 80↓0.4% | 81↓1.1% | 82↓1.6% | 83 | |
| Weighted Average Diluted Shares | 77↓4.1% | 81↓0.5% | 81↓1.3% | 82↓1.9% | 84 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.