Avery Dennison Cash Flow Statement
NYSE: AVYConsumer DiscretionaryContainers/PackagingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Avery Dennison free cash flow
In fiscal 2025, Avery Dennison generated $881.4 million of operating cash flow and spent $169.0 million on capital expenditures. That left free cash flow of $712.4 million, a free-cash-flow margin of 8.0% of revenue. Free cash flow was down 2.4% from the prior year's $730.0 million.
Avery Dennison returned $860.7 million to shareholders: $288.4 million in dividends and $572.3 million in share repurchases, equal to 121% of free cash flow. Free cash flow covered dividend payments 2.5 times.
Summary generated from market data by MetaCap's automated system. Methodology
Avery Dennison cash flow 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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% |
| Depreciation & Amortization | 328.20M | 312.20M | 298.40M | 290.70M | 244.10M | 205.30M | 179.00M | 181.00M | 178.70M | 180.10M |
| Stock-Based Compensation | 27.90M | 28.70M | 22.30M | 47.40M | 37.20M | 24.00M | 34.50M | 34.30M | 30.20M | 27.20M |
| Change in Working Capital | -237.70M | -243.30M | -41.60M | -245.10M | -17.30M | -117.40M | -90.20M | -356.30M | -117.30M | -46.10M |
| Operating Cash Flow | 881.40M | 938.80M | 826.00M | 961.00M | 1.05B | 751.30M | 746.50M | 457.90M | 645.70M | 582.10M |
| Capital Expenditures | -169.00M | -208.80M | -265.30M | -278.10M | -255.00M | -201.40M | -219.40M | -226.70M | -190.50M | -176.90M |
| Investing Cash Flow | -596.00M | -243.10M | -459.00M | -332.70M | -1.74B | -554.20M | -251.00M | -232.50M | -543.30M | -432.20M |
| Dividends Paid | -288.40M | -277.50M | -256.70M | -238.90M | -220.60M | -196.80M | -189.70M | -175.00M | -155.50M | -142.50M |
| Share Repurchases | -572.30M | -247.50M | -137.50M | -379.50M | -180.90M | -104.30M | -237.70M | -392.90M | -129.70M | -262.40M |
| Debt Issued | 576.50M | 539.20M | 394.90M | 0 | 791.70M | 493.70M | — | 493.30M | 542.90M | — |
| Debt Repaid | -559.40M | -308.10M | -255.90M | -6.30M | -13.40M | -270.20M | -18.60M | -6.40M | -253.80M | -2.70M |
| Financing Cash Flow | -414.90M | -576.10M | -317.20M | -615.20M | 604.30M | -207.70M | -470.30M | -208.10M | -83.90M | -106.20M |
| Net Change in Cash | -126.30M | 114.10M | 47.80M | 4.50M | -89.60M | -1.40M | 21.70M | 7.60M | 29.30M | 36.30M |
| Free Cash Flow | 712.40M | 730.00M | 560.70M | 682.90M | 791.80M | 549.90M | 527.10M | 231.20M | 455.20M | 405.20M |
This table shows 10 annual periods of Avery Dennison's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow AVY's reporting calendar. What is a cash flow statement?