AVY · Avery Dennison Corp · Financials
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | FY2026 (G) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | $9.25B | $8.86B | $8.76B | $8.36B | $9.04B | $8.41B | $6.97B | $7.07B | $7.16B | $6.61B | $6.09B | $5.97B | $6.33B | $6.14B | $5.86B | $5.84B | $5.78B | $5.19B | $6.71B | |
| — | $6.57B | $6.31B | $6.23B | $6.09B | $6.64B | $6.1B | $5.05B | $5.17B | $5.24B | $4.8B | $4.39B | $4.32B | $4.68B | $4.5B | $4.34B | $4.37B | $4.27B | $3.93B | $4.98B | |
| — | $2.68B | $2.55B | $2.53B | $2.28B | $2.4B | $2.31B | $1.92B | $1.9B | $1.92B | $1.81B | $1.7B | $1.65B | $1.65B | $1.64B | $1.53B | $1.48B | $1.51B | $1.26B | $1.73B | |
| — | — | 28.75% | 28.9% | 27.23% | 26.6% | 27.51% | 27.59% | 26.93% | 26.76% | 27.4% | 27.93% | 27.58% | 26.08% | 26.67% | 26.06% | 25.24% | 26.18% | 24.23% | 25.74% | |
| — | — | $136.6M | $137.8M | $135.8M | $136.1M | $136.6M | $112.8M | $92.6M | $98.2M | $93.4M | $89.7M | $91.9M | $102.5M | $96M | $98.6M | $93.8M | $88.4M | $78.9M | — | |
| — | $1.49B | $1.42B | $1.42B | $1.31B | $1.33B | $1.25B | $1.06B | $1.08B | $1.13B | $1.11B | $1.09B | $1.11B | $1.16B | $1.17B | $1.15B | $1.14B | $1.18B | $1.09B | $1.3B | |
| — | $99.8M | $92.8M | $89.4M | $86.3M | $81.8M | $44.6M | $19.9M | $13.5M | $15.2M | $18.6M | $19.9M | $20.5M | $24.4M | $28.5M | $29.9M | — | — | — | — | |
| — | $342.7M | $328.2M | $312.2M | $298.4M | $290.7M | $244.1M | $205.3M | $179M | $181M | $178.7M | $180.1M | $188.3M | $201.6M | $204.3M | $211M | $220M | — | — | — | |
| — | $68.7M | $47.2M | $41.9M | $79.4M | $7.7M | $13.6M | $55.3M | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | $142M | $135.4M | $117M | $119M | $84.1M | $70.2M | $70M | $75.8M | $58.5M | $63M | $59.9M | $60.5M | $63.3M | $60.9M | $72.9M | $71.1M | $76.3M | $84.9M | $115.9M | |
| — | $16.8M | $14.2M | $26.7M | $30.8M | $9.4M | $4.1M | -$1.9M | -$445.2M | -$104.8M | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | $0 | $0 | -$3.9M | -$3.7M | -$2.6M | -$2M | $0 | $0 | — | — | — | — | — | — | — | — | |
| — | — | -$23.3M | -$19.2M | -$1.5M | $13.5M | $23M | $5.4M | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | $965.7M | $925.1M | $953.5M | $694.7M | $999.3M | $992.6M | $737.3M | $249.5M | $554.8M | $589.5M | $477.1M | $408.9M | $360.8M | $366M | $237.6M | $213.2M | $239M | -$926.6M | $270.6M | |
| — | $260.8M | $237.1M | $248.6M | $191.7M | $242.2M | $248.6M | $177.7M | -$56.7M | $85.4M | $307.7M | $156.4M | $134.5M | $113.5M | $124.3M | $80M | $71.5M | -$2.8M | -$92M | $4.5M | |
| — | $704.9M | $688M | $704.9M | $503M | $757.1M | $740.1M | $555.9M | $303.6M | $467.4M | $281.8M | $320.7M | — | — | — | — | $190.1M | $316.9M | -$746.7M | $266.1M | |
| — | — | 7.77% | 8.05% | 6.01% | 8.38% | 8.8% | 7.97% | 4.29% | 6.53% | 4.26% | 5.27% | — | — | — | — | 3.25% | 5.48% | -14.4% | 3.97% | |
| — | — | — | — | — | — | — | $555.9M | $303.6M | $467.4M | $281.8M | $320.7M | $274.3M | $245.1M | $213.2M | $215.4M | $190.1M | $316.9M | — | — | |
| — | $775.4M | $734.4M | $656.9M | $458.9M | $676M | $806.8M | $554.4M | $637.5M | $465.9M | $353.2M | $251.8M | $136.8M | -$12M | $232.9M | $200.6M | $69.8M | $319.2M | -$609.4M | -$101.2M | |
| USD/shares | — | $9.15 | $8.81 | $8.77 | $6.23 | $9.28 | $8.93 | $6.67 | $3.61 | $5.35 | $3.19 | $3.60 | $3.01 | $2.61 | $2.17 | $2.10 | $1.80 | $3.00 | -$7.21 | $2.70 |
| USD/shares | $9.40 – $9.70 | $9.14 | $8.79 | $8.73G | $6.20G | $9.21G | $8.83G | $6.61 | $3.57 | $5.28 | $3.13 | $3.54 | $2.95 | $2.56 | $2.13 | $2.08 | $1.78 | $2.97 | -$7.21 | $2.70 |
| shares | — | — | 78.1M | 80.4M | 80.7M | 81.6M | 82.9M | 83.4M | 84M | 87.3M | 88.3M | 89.1M | 91M | 93.8M | 98.4M | 102.6M | 105.8M | 105.8M | 103.6M | 98.4M |
| shares | — | — | 78.3M | 80.7M | 81.1M | 82.2M | 83.8M | 84.1M | 85M | 88.6M | 90.1M | 90.7M | 92.9M | 95.7M | 100.1M | 103.5M | 106.8M | 106.8M | 103.6M | 98.7M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2025: $3.88B in buybacks, $3.13B in dividends.
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported total debt history
| As of | Reported label | Amount | Source |
|---|---|---|---|
| 2025-12-31 | approximately $3.73 billion of debt | USD 3,730,000,000 |
10-K filed 2026-02-25
At December 31, 2025, we had approximately $3.73 billion of debt. Our level of indebtedness and credit ratings are significant factors in our ability to obtain short- and long-term financing. Significantly unfavorable changes in our debt leverage position and/or lower credit ratings could negatively impact our ability to issue debt at favorable terms to support our business needs and result in higher financing costs. A downgrade of our short-term credit ratings could impact our ability to access the commercial paper markets and increase our borrowing costs on commercial paper or alternative funding sources, including our revolving credit facility (the “Revolver”) or other credit facilities. If our access to commercial paper markets were to become limited, we would need to obtain short-term funding under our Revolver, which would expose us to variable interest rates. |
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current debt and lease obligations | 2026-06-30 | USD 500,500,000 | 10-Q filed 2026-08-04 |
| Noncurrent long-term debt and lease obligations | 2026-06-30 | USD 3,177,700,000 | 10-Q filed 2026-08-04 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 12 similar-size Packaging & Containers companies (of 23 listed).
EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.
Valuation over time computed as of each quarter's filing date
EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Materials Group Segment | $6,093,300,000 | $6,013,000,000 | $5,811,300,000 | $6,495,100,000 | $6,206,500,000 | $5,340,600,000 |
| Solutions Group Segment | $2,762,200,000 | $2,742,700,000 | $2,553,000,000 | $2,544,200,000 | $2,201,800,000 | $1,630,900,000 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| United States | $2,751,000,000 | $2,613,400,000 | $2,578,300,000 | $2,565,900,000 | $2,065,200,000 | $1,683,600,000 |
| Asia | $2,726,800,000 | $2,763,100,000 | $2,545,200,000 | $2,817,200,000 | $2,914,500,000 | $2,378,500,000 |
| Europe the Middle East and North Africa | $2,457,100,000 | $2,418,600,000 | $2,306,700,000 | $2,683,600,000 | $2,541,400,000 | $2,164,700,000 |
| China Including Hong Kong | $1,350,000,000 | $1,400,000,000 | $1,300,000,000 | $1,500,000,000 | $1,680,000,000 | $1,310,000,000 |
| Latin America | $567,300,000 | $599,800,000 | $582,300,000 | $605,700,000 | $537,600,000 | $440,300,000 |
| Other International | $353,300,000 | $360,800,000 | $351,800,000 | $366,900,000 | $349,600,000 | $304,400,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Labels, Graphics and Reflectives | $5,332,200,000 | $5,266,000,000 | $5,076,800,000 | $5,725,700,000 | $5,430,400,000 | $4,715,100,000 |
| Apparel and Other | $1,811,800,000 | $1,876,800,000 | $1,662,900,000 | $1,851,200,000 | — | — |
| Identification Solutions and Vestcom | $950,400,000 | $865,900,000 | $890,100,000 | $693,000,000 | $362,700,000 | $198,600,000 |
| Performance Materials | $547,200,000 | $516,600,000 | $522,800,000 | — | — | — |
| Other Material Group Products | $213,900,000 | $230,400,000 | $211,700,000 | $73,100,000 | $72,700,000 | $59,600,000 |
| Apparel | — | — | — | — | $1,839,100,000 | $1,432,300,000 |
| Tapes and Adhesives | — | — | — | $696,300,000 | $703,400,000 | $565,900,000 |