Avery Dennison Corp Financials
Avery Dennison Corp (AVY) reported $8.9B in revenue for fiscal year 2025, up 1.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Cash generation remains positive, but buybacks and balance-sheet investment are increasingly supported by higher leverage than internal cash alone.
Operating cash flow declined6.1% in FY2025 while free cash flow declined2.4% , despite lower capital spending. The smaller FCF decline reflects a reinvestment pullback cushioning weaker cash conversion; it does not indicate that operations generated more cash efficiently.
Revenue growth was just
Debt-to-equity rose to 1.4x from 1.1x, making the capital structure more leveraged. Buybacks reached
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Avery Dennison Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Avery Dennison Corp, and counted as zero in the overall score.
Avery Dennison Corp's revenue grew a modest 1.1% year-over-year to $8.9B. This slow but positive growth earns a score of 42/100.
Avery Dennison Corp has a moderate D/E ratio of 1.43. This balance of debt and equity financing earns a leverage score of 38/100.
Avery Dennison Corp's current ratio of 1.13 is below the typical benchmark, resulting in a score of 25/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Avery Dennison Corp has a free cash flow margin of 8.0%, earning a moderate score of 60/100. The company generates positive cash flow after capital investments, but with room for improvement.
Not available for Avery Dennison Corp, and counted as zero in the overall score.
Avery Dennison Corp passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Avery Dennison Corp generates $1.28 in operating cash flow ($881.4M OCF vs $688.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Avery Dennison Corp generated $8.9B in revenue in fiscal year 2025. This represents an increase of 1.1% from the prior year.
Avery Dennison Corp reported $688.0M in net income in fiscal year 2025. This represents a decrease of 2.4% from the prior year.
Avery Dennison Corp earned $8.79 per diluted share (EPS) in fiscal year 2025. This represents an increase of 0.7% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Avery Dennison Corp generated $712.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 2.4% from the prior year.
Avery Dennison Corp held $202.8M in cash against $3.2B in long-term debt as of fiscal year 2025.
Avery Dennison Corp paid $3.70 per share in dividends in fiscal year 2025. This represents an increase of 7.2% from the prior year.
Margins & Returns
Avery Dennison Corp's gross margin was 28.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.2 percentage points from the prior year.
Avery Dennison Corp's net profit margin was 7.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.3 percentage points from the prior year.
Avery Dennison Corp's ROE was 30.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.2 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
Avery Dennison Corp invested $136.6M in research and development in fiscal year 2025. This represents a decrease of 0.9% from the prior year.
Avery Dennison Corp spent $572.3M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 131.2% from the prior year.
Avery Dennison Corp invested $169.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 19.1% from the prior year.
AVY Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.2B | $8.9B+1.1% | $8.8B+4.7% | $8.4B-7.5% | $9.0B+7.5% | $8.4B+20.6% | $7.0B-1.4% | $7.1B-1.2% | $7.2B+8.2% | $6.6B+8.7% | $6.1B+2.0% | $6.0B-5.7% | $6.3B+3.1% | $6.1B+4.7% | $5.9B+0.3% | $5.8B |
| Cost of Revenue | $6.6B | $6.3B+1.4% | $6.2B+2.3% | $6.1B-8.3% | $6.6B+8.9% | $6.1B+20.7% | $5.0B-2.3% | $5.2B-1.5% | $5.2B+9.2% | $4.8B+9.5% | $4.4B+1.5% | $4.3B-7.7% | $4.7B+3.9% | $4.5B+3.9% | $4.3B-0.8% | $4.4B |
| Gross Profit | $2.7B | $2.5B+0.6% | $2.5B+11.1% | $2.3B-5.3% | $2.4B+4.0% | $2.3B+20.3% | $1.9B+1.0% | $1.9B-0.6% | $1.9B+5.7% | $1.8B+6.6% | $1.7B+3.3% | $1.6B-0.3% | $1.7B+0.8% | $1.6B+7.2% | $1.5B+3.6% | $1.5B |
| R&D Expenses | N/A | $136.6M-0.9% | $137.8M+1.5% | $135.8M-0.2% | $136.1M-0.4% | $136.6M+21.1% | $112.8M+21.8% | $92.6M-5.7% | $98.2M+5.1% | $93.4M+4.1% | $89.7M-2.4% | $91.9M-10.3% | $102.5M+6.8% | $96.0M-2.6% | $98.6M+5.1% | $93.8M |
| SG&A Expenses | $1.5B | $1.4B+0.5% | $1.4B+7.7% | $1.3B-1.3% | $1.3B+6.6% | $1.2B+17.7% | $1.1B-1.8% | $1.1B-4.2% | $1.1B+2.0% | $1.1B+1.8% | $1.1B-2.0% | $1.1B-4.4% | $1.2B-1.3% | $1.2B+2.2% | $1.1B+0.8% | $1.1B |
| Interest Expense | $142.0M | $135.4M+15.7% | $117.0M-1.7% | $119.0M+41.5% | $84.1M+19.8% | $70.2M+0.3% | $70.0M-7.7% | $75.8M+29.6% | $58.5M-7.1% | $63.0M+5.2% | $59.9M-1.0% | $60.5M-4.4% | $63.3M+3.9% | $60.9M-16.5% | $72.9M+2.5% | $71.1M |
| Income Tax | $260.8M | $237.1M-4.6% | $248.6M+29.7% | $191.7M-20.9% | $242.2M-2.6% | $248.6M+39.9% | $177.7M+413.4% | -$56.7M-166.4% | $85.4M-72.2% | $307.7M+96.7% | $156.4M+16.3% | $134.5M+18.5% | $113.5M-8.7% | $124.3M+55.4% | $80.0M+11.9% | $71.5M |
| Net Income | $704.9M | $688.0M-2.4% | $704.9M+40.1% | $503.0M-33.6% | $757.1M+2.3% | $740.1M+33.1% | $555.9M+83.1% | $303.6M-35.0% | $467.4M+65.9% | $281.8M-12.1% | $320.7M+16.9% | $274.3M+11.9% | $245.1M+15.0% | $213.2M-1.0% | $215.4M+13.3% | $190.1M |
| EPS (Diluted) | — | $8.79+0.7% | $8.73+40.8% | $6.20-32.7% | $9.21+4.3% | $8.83+33.6% | $6.61+85.2% | $3.57-32.4% | $5.28+68.7% | $3.13-11.6% | $3.54+20.0% | $2.95+15.2% | $2.56+20.2% | $2.13+2.4% | $2.08+16.9% | $1.78 |
Not reported in any period shown, so not listed: Operating Income.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
AVY Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.8B+4.7% | $8.4B+2.4% | $8.2B+3.3% | $8.0B-0.3% | $8.0B+31.0% | $6.1B+10.8% | $5.5B+6.0% | $5.2B+0.8% | $5.1B+16.8% | $4.4B+6.4% | $4.1B-5.1% | $4.4B-5.5% | $4.6B-9.7% | $5.1B+2.7% | $5.0B |
| Current Assets | $3.0B-2.9% | $3.1B+10.1% | $2.8B+0.5% | $2.8B+1.7% | $2.7B+13.2% | $2.4B+3.2% | $2.3B+1.9% | $2.3B+2.7% | $2.2B+17.5% | $1.9B+7.3% | $1.8B-7.6% | $1.9B-8.2% | $2.1B-13.3% | $2.4B+8.7% | $2.2B |
| Cash & Equivalents | $202.8M-38.4% | $329.1M+53.1% | $215.0M+28.6% | $167.2M+2.8% | $162.7M-35.5% | $252.3M-0.6% | $253.7M+9.4% | $232.0M+3.4% | $224.4M+15.0% | $195.1M+22.9% | $158.8M-23.4% | $207.2M-41.0% | $351.1M+49.2% | $235.4M+32.2% | $178.0M |
| Inventory | $975.8M-0.2% | $978.1M+6.2% | $920.7M-8.8% | $1.0B+11.3% | $907.2M+26.5% | $717.2M+8.2% | $663.0M+1.8% | $651.4M+6.9% | $609.6M+17.4% | $519.1M+8.4% | $478.7M-2.7% | $491.8M-0.5% | $494.1M+4.4% | $473.3M-0.4% | $475.1M |
| Accounts Receivable | $1.5B+2.6% | $1.5B+3.6% | $1.4B+2.9% | $1.4B-3.5% | $1.4B+15.3% | $1.2B+1.9% | $1.2B+1.9% | $1.2B+0.8% | $1.2B+17.9% | $1.0B+3.8% | $964.7M+0.7% | $958.1M-5.7% | $1.0B+4.5% | $972.8M+10.9% | $877.1M |
| Goodwill | $2.3B+15.0% | $2.0B-1.9% | $2.0B+8.1% | $1.9B-1.0% | $1.9B+65.6% | $1.1B+22.1% | $930.8M-1.2% | $941.8M-4.4% | $985.1M+24.1% | $793.6M+15.7% | $686.2M-4.9% | $721.6M-4.9% | $758.5M-0.8% | $764.4M+0.7% | $759.3M |
| Total Liabilities | $6.6B+7.7% | $6.1B+0.2% | $6.1B+2.8% | $5.9B-2.1% | $6.0B+31.5% | $4.6B+7.3% | $4.3B+1.5% | $4.2B+2.9% | $4.1B+18.3% | $3.5B+9.6% | $3.2B-4.3% | $3.3B+5.3% | $3.1B-11.9% | $3.6B+7.7% | $3.3B |
| Current Liabilities | $2.7B-7.3% | $2.9B+6.0% | $2.7B-3.6% | $2.8B+9.9% | $2.5B+32.3% | $1.9B-14.5% | $2.3B+13.0% | $2.0B+1.1% | $2.0B-1.6% | $2.0B+37.4% | $1.5B-8.4% | $1.6B+2.5% | $1.6B-25.1% | $2.1B+25.9% | $1.6B |
| Long-Term Debt | $3.2B+25.4% | $2.6B-2.4% | $2.6B+4.7% | $2.5B-10.1% | $2.8B+35.8% | $2.1B+36.9% | $1.5B-15.4% | $1.8B+34.6% | $1.3B+84.5% | $713.4M-26.0% | $963.6M+2.5% | $940.1M-1.1% | $950.6M+35.4% | $702.2M-26.4% | $954.2M |
| Total Equity | $2.2B-3.0% | $2.3B+8.7% | $2.1B+4.7% | $2.0B+5.6% | $1.9B+29.6% | $1.5B+23.3% | $1.2B+26.1% | $955.1M-7.5% | $1.0B+11.6% | $925.5M-4.2% | $965.7M-7.8% | $1.0B-28.6% | $1.5B-4.5% | $1.5B-7.4% | $1.7B |
| Retained Earnings | $5.6B+8.7% | $5.2B+9.8% | $4.7B+6.3% | $4.4B+13.8% | $3.9B+15.9% | $3.3B+12.4% | $3.0B+4.0% | $2.9B+10.3% | $2.6B+5.0% | $2.5B+8.6% | $2.3B+7.6% | $2.1B+5.3% | $2.0B+5.1% | $1.9B+5.5% | $1.8B |
AVY Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.2B | $881.4M-6.1% | $938.8M+13.7% | $826.0M-14.0% | $961.0M-8.2% | $1.0B+39.3% | $751.3M+0.6% | $746.5M+63.0% | $457.9M-29.1% | $645.7M+10.9% | $582.1M+22.9% | $473.7M+33.5% | $354.9M+11.0% | $319.6M-37.7% | $513.4M+21.5% | $422.7M |
| Capital Expenditures | $170.5M | $169.0M-19.1% | $208.8M-21.3% | $265.3M-4.6% | $278.1M+9.1% | $255.0M+26.6% | $201.4M-8.2% | $219.4M-3.2% | $226.7M+19.0% | $190.5M+7.7% | $176.9M+30.3% | $135.8M-8.2% | $147.9M+14.5% | $129.2M+30.2% | $99.2M-9.5% | $109.6M |
| Free Cash Flow | $1.1B | $712.4M-2.4% | $730.0M+30.2% | $560.7M-17.9% | $682.9M-13.8% | $791.8M+44.0% | $549.9M+4.3% | $527.1M+128.0% | $231.2M-49.2% | $455.2M+12.3% | $405.2M+19.9% | $337.9M+63.2% | $207.0M+8.7% | $190.4M-54.0% | $414.2M+32.3% | $313.1M |
| Investing Cash Flow | -$685.2M | -$596.0M-145.2% | -$243.1M+47.0% | -$459.0M-38.0% | -$332.7M+80.9% | -$1.7B-213.6% | -$554.2M-120.8% | -$251.0M-8.0% | -$232.5M+57.2% | -$543.3M-25.7% | -$432.2M-202.4% | -$142.9M+16.1% | -$170.4M-150.2% | $339.4M+312.1% | -$160.0M-53.6% | -$104.2M |
| Financing Cash Flow | -$536.0M | -$414.9M+28.0% | -$576.1M-81.6% | -$317.2M+48.4% | -$615.2M-201.8% | $604.3M+390.9% | -$207.7M+55.8% | -$470.3M-126.0% | -$208.1M-148.0% | -$83.9M+21.0% | -$106.2M+71.1% | -$367.3M-13.5% | -$323.5M+40.8% | -$546.2M-83.5% | -$297.6M-9.6% | -$271.5M |
| Dividends Paid | $294.0M | $288.4M+3.9% | $277.5M+8.1% | $256.7M+7.5% | $238.9M+8.3% | $220.6M+12.1% | $196.8M+3.7% | $189.7M+8.4% | $175.0M+12.5% | $155.5M+9.1% | $142.5M+7.1% | $133.1M+6.4% | $125.1M+11.7% | $112.0M+1.4% | $110.4M+3.7% | $106.5M |
| Share Buybacks | $410.5M | $572.3M+131.2% | $247.5M+80.0% | $137.5M-63.8% | $379.5M+109.8% | $180.9M+73.4% | $104.3M-56.1% | $237.7M-39.5% | $392.9M+202.9% | $129.7M-50.6% | $262.4M+13.0% | $232.3M-34.7% | $355.5M+25.4% | $283.5M+20.5% | $235.2M+1642.2% | $13.5M |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
AVY Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 28.7%-0.2pp | 28.9%+1.7pp | 27.2%+0.6pp | 26.6%-0.9pp | 27.5%-0.1pp | 27.6%+0.7pp | 26.9%+0.2pp | 26.8%-0.6pp | 27.4%-0.5pp | 27.9%+0.4pp | 27.6%+1.5pp | 26.1%-0.6pp | 26.7%+0.6pp | 26.1%+0.8pp | 25.2% |
| Net Margin | 7.8%-0.3pp | 8.1%+2.0pp | 6.0%-2.4pp | 8.4%-0.4pp | 8.8%+0.8pp | 8.0%+3.7pp | 4.3%-2.2pp | 6.5%+2.3pp | 4.3%-1.0pp | 5.3%+0.7pp | 4.6%+0.7pp | 3.9%+0.4pp | 3.5%-0.2pp | 3.7%+0.4pp | 3.3% |
| Return on Equity | 30.7%+0.2pp | 30.5%+6.8pp | 23.6%-13.6pp | 37.3%-1.2pp | 38.5%+1.0pp | 37.4%+12.2pp | 25.2%-23.7pp | 48.9%+21.6pp | 27.3%-7.3pp | 34.6%+6.3pp | 28.4%+5.0pp | 23.4%+8.9pp | 14.5%+0.5pp | 14.0%+2.6pp | 11.5% |
| Return on Assets | 7.8%-0.6pp | 8.4%+2.3pp | 6.1%-3.4pp | 9.5%+0.2pp | 9.3%+0.1pp | 9.1%+3.6pp | 5.5%-3.5pp | 9.0%+3.5pp | 5.5%-1.8pp | 7.3%+0.7pp | 6.6%+1.0pp | 5.6%+1.0pp | 4.6%+0.4pp | 4.2%+0.4pp | 3.8% |
| Current Ratio | 1.13+0.1x | 1.080.0x | 1.040.0x | 0.99-0.1x | 1.07-0.2x | 1.25+0.2x | 1.04-0.1x | 1.150.0x | 1.14+0.2x | 0.95-0.3x | 1.220.0x | 1.21-0.1x | 1.35+0.2x | 1.16-0.2x | 1.35 |
| Debt-to-Equity | 1.43+0.3x | 1.11-0.1x | 1.230.0x | 1.23-0.2x | 1.45+0.1x | 1.38+0.1x | 1.25-0.6x | 1.85+0.6x | 1.27+0.5x | 0.77-0.2x | 1.00+0.1x | 0.90+0.2x | 0.65+0.2x | 0.46-0.1x | 0.58 |
| FCF Margin | 8.0%-0.3pp | 8.3%+1.6pp | 6.7%-0.8pp | 7.5%-1.9pp | 9.4%+1.5pp | 7.9%+0.4pp | 7.5%+4.2pp | 3.2%-3.6pp | 6.9%+0.2pp | 6.7%+1.0pp | 5.7%+2.4pp | 3.3%+0.2pp | 3.1%-4.0pp | 7.1%+1.7pp | 5.4% |
Not reported in any period shown, so not listed: Operating Margin.
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Where Avery Dennison Corp Ranks
Frequently Asked Questions
What is Avery Dennison Corp's annual revenue?
Avery Dennison Corp (AVY) reported $8.9B in total revenue for fiscal year 2025. This represents a 1.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Avery Dennison Corp's revenue growing?
Avery Dennison Corp (AVY) revenue grew by 1.1% year-over-year, from $8.8B to $8.9B in fiscal year 2025.
Is Avery Dennison Corp profitable?
Yes, Avery Dennison Corp (AVY) reported a net income of $688.0M in fiscal year 2025, with a net profit margin of 7.8%.
How much debt does Avery Dennison Corp have?
As of fiscal year 2025, Avery Dennison Corp (AVY) had $202.8M in cash and equivalents against $3.2B in long-term debt.
What is Avery Dennison Corp's gross margin?
Avery Dennison Corp (AVY) had a gross margin of 28.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Avery Dennison Corp's net profit margin?
Avery Dennison Corp (AVY) had a net profit margin of 7.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Avery Dennison Corp pay dividends?
Yes, Avery Dennison Corp (AVY) paid $3.70 per share in dividends during fiscal year 2025.
What is Avery Dennison Corp's return on equity (ROE)?
Avery Dennison Corp (AVY) has a return on equity of 30.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Avery Dennison Corp's free cash flow?
Avery Dennison Corp (AVY) generated $712.4M in free cash flow during fiscal year 2025. This represents a -2.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Avery Dennison Corp's operating cash flow?
Avery Dennison Corp (AVY) generated $881.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Avery Dennison Corp's total assets?
Avery Dennison Corp (AVY) had $8.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Avery Dennison Corp's capital expenditures?
Avery Dennison Corp (AVY) invested $169.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Avery Dennison Corp spend on research and development?
Avery Dennison Corp (AVY) invested $136.6M in research and development during fiscal year 2025.
What is Avery Dennison Corp's current ratio?
Avery Dennison Corp (AVY) had a current ratio of 1.13 as of fiscal year 2025, which is considered adequate.
What is Avery Dennison Corp's debt-to-equity ratio?
Avery Dennison Corp (AVY) had a debt-to-equity ratio of 1.43 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Avery Dennison Corp's return on assets (ROA)?
Avery Dennison Corp (AVY) had a return on assets of 7.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Avery Dennison Corp's Piotroski F-Score?
Avery Dennison Corp (AVY) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Avery Dennison Corp's earnings high quality?
Avery Dennison Corp (AVY) has an earnings quality ratio of 1.28x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Avery Dennison Corp?
Avery Dennison Corp (AVY) scores 28 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.