Avery Dennison Financial Statements
NYSE: AVYConsumer DiscretionaryContainers/PackagingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Avery Dennison revenue and earnings
In fiscal 2025, Avery Dennison generated $8.86 billion in revenue, up 1.1% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $688.0 million (-2.4% year over year), for a net margin of 7.8% versus a median of 8.1% in the prior 5 years. Gross margin was 28.8% (down from 28.9%).
Diluted earnings per share came in at $8.79, up from $8.73. Over the last 5 fiscal years, AVY's revenue has grown at a 4.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Avery Dennison income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-28 | FY 20232023-12-30 | FY 20222022-12-31 | FY 20212022-01-01 | FY 20202021-01-02 | FY 20192019-12-28 | FY 20182018-12-29 | FY 20172017-12-30 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.86B | 8.76B | 8.36B | 9.04B | 8.41B | 6.97B | 7.07B | 7.16B | 6.61B | 6.09B |
| Revenue growth (YoY) | +1.14% | +4.68% | -7.47% | +7.50% | +20.61% | -1.39% | -1.24% | +8.24% | +8.66% | +2.00% |
| Cost of Revenue | 6.31B | 6.22B | 6.09B | 6.64B | 6.10B | 5.05B | 5.17B | 5.24B | 4.80B | 4.39B |
| Gross Profit | 2.55B | 2.53B | 2.28B | 2.40B | 2.31B | 1.92B | 1.90B | 1.92B | 1.81B | 1.70B |
| Research & Development | 136.60M | 137.80M | 135.80M | 136.10M | 136.60M | 112.80M | 92.60M | 98.20M | 93.40M | 89.70M |
| Selling, General & Admin | 1.42B | 1.42B | 1.31B | 1.33B | 1.25B | 1.06B | 1.08B | 1.13B | 1.11B | 1.09B |
| Interest Expense | 135.40M | 117.00M | 119.00M | 84.10M | 70.20M | 70.00M | 75.80M | 58.50M | 63.00M | 59.90M |
| Other Income (Expense) | 14.20M | 26.70M | 30.80M | 9.40M | 4.10M | -1.90M | -445.20M | -104.80M | — | — |
| Pretax Income | 925.10M | 953.50M | 694.70M | 999.30M | 992.60M | 737.30M | 249.50M | 554.80M | 589.50M | 477.10M |
| Income Tax | 237.10M | 248.60M | 191.70M | 242.20M | 248.60M | 177.70M | -56.70M | 85.40M | 307.70M | 156.40M |
| Net Income | 688.00M | 704.90M | 503.00M | 757.10M | 740.10M | 555.90M | 303.60M | 467.40M | 281.80M | 320.70M |
| Net Income growth (YoY) | -2.40% | +40.14% | -33.56% | +2.30% | +33.14% | +83.10% | -35.04% | +65.86% | -12.13% | +16.92% |
| EPS (Basic) | 8.81 | 8.77 | 6.23 | 9.28 | 8.93 | 6.67 | 3.61 | 5.35 | 3.19 | 3.60 |
| EPS (Diluted) | 8.79 | 8.73 | 6.20 | 9.21 | 8.83 | 6.61 | 3.57 | 5.28 | 3.13 | 3.54 |
| Shares Outstanding (Basic) | 78.10M | 80.40M | 80.70M | 81.60M | 82.90M | 83.40M | 84.00M | 87.30M | 88.30M | 89.10M |
| Shares Outstanding (Diluted) | 78.30M | 80.70M | 81.10M | 82.20M | 83.80M | 84.10M | 85.00M | 88.60M | 90.10M | 90.70M |
| Gross Margin | 28.75% | 28.90% | 27.23% | 26.60% | 27.51% | 27.59% | 26.93% | 26.76% | 27.40% | 27.93% |
| Net Margin | 7.77% | 8.05% | 6.01% | 8.38% | 8.80% | 7.97% | 4.29% | 6.53% | 4.26% | 5.27% |
This table shows 10 annual periods of Avery Dennison's income statement, from FY 2025 back to FY 2016, across 16 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow AVY's reporting calendar. What is a income statement?