profit from every $100 of sales.

Avery Dennison
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $20.65 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Avery Dennison sold, what it kept, and what it did with the cash.
Sales went from $9.04 billion in 2022 to $8.86 billion in 2025, with $688 million of profit last year.
Avery Dennison handed back more cash to shareholders than it generated last year.
Avery Dennison vs. similar companies
Avery Dennison grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Avery Dennison | 20.7× · Fair price | ||
Brother Industries | 20.7× · Fair price | ||
Ricoh | 20.4× · Fair price | ||
Canon Marketing Japan | 19.1× · Fair price | ||
GRG Banking Equipment | 24.8× · Fair price |
AI analysis
An AI analyst reads Avery Dennison's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 6,972 | 8,408 | 9,039 | 8,364 | 8,756 | 8,856 | |
| 1,923 | 2,313 | 2,404 | 2,278 | 2,531 | 2,546 | |
| – | – | 1,073 | 964 | 1,115 | 1,124 | |
| 1,013 | 1,307 | 1,374 | 1,112 | 1,383 | 1,389 | |
| 556 | 740 | 757 | 503 | 705 | 688 | |
| 6.61 | 8.83 | 9.21 | 6.20 | 8.73 | 8.79 | |
| 27.6% | 27.5% | 26.6% | 27.2% | 28.9% | 28.8% | |
| – | – | 11.9% | 11.5% | 12.7% | 12.7% | |
| 8.0% | 8.8% | 8.4% | 6.0% | 8.1% | 7.8% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 6,084 | 7,972 | 7,951 | 8,210 | 8,404 | 8,802 |
| Cash | 252 | 163 | 167 | 215 | 329 | 203 |
| Total debt | 2,117 | 3,105 | 3,102 | 3,244 | 3,152 | 3,733 |
| Total liabilities | – | – | 5,918 | 6,082 | 6,092 | 6,560 |
| 1,485 | 1,924 | 2,032 | 2,128 | 2,312 | 2,242 | |
| 84 | 84 | 82 | 81 | 81 | 78 | |
| 17.7% | 16.7% | 16.7% | 12.0% | 15.5% | 14.0% | |
| 37.4% | 38.5% | 37.3% | 23.6% | 30.5% | 30.7% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 751 | 1,047 | 961 | 826 | 939 | 881 | |
| – | – | 299 | 285 | 240 | 200 | |
| – | – | 663 | 541 | 699 | 681 | |
| Dividends paid | 197 | 221 | 239 | 257 | 278 | 288 |
| 104 | 181 | 380 | 138 | 248 | 572 | |
| 24 | 37 | 47 | 22 | 29 | 28 |
Valuation
- 20.7×
- 18.7×
- 3.52
- 5.4×
- 1.6×
- 20.9×
- 12.8×
- 4.8%
- 4.8%
- 2.3%
Profitability
- 28.8%
- 12.7%
- 7.8%
- 13.8%
- 12.1%
- 12.6%
- 30.8%
- 7.7%
- 18.1%
- –
Growth
- +4.9%
- +5.9%
- −2.4%
- +9.4%
- −1.7%
Financial health
- 2.8×
- 1.65
- 42.2%
- 8.0×
- 1.15
- 0.80
- 1.00
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $214.75
- Range
- $192.00 – $224.00
- 5 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 28, 2026 | 2.47 | 2.41 | +2.5% |
| Feb 4, 2026 | 2.45 | 2.40 | +2.1% |
| Oct 22, 2025 | 2.37 | 2.33 | +1.7% |
| Jul 22, 2025 | 2.42 | 2.39 | +1.3% |
| Apr 23, 2025 | 2.30 | 2.32 | −0.9% |
| Jan 30, 2025 | 2.38 | 2.39 | −0.4% |
| Oct 23, 2024 | 2.33 | 2.33 | +0.0% |
| Jul 23, 2024 | 2.42 | 2.26 | +7.1% |
Paid per share, each year
$1.46 in 2015 → $3.70 in 2025
How safe it looks
41.9% of its profit
Room to growStretchedMore than it earns: 42.3%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Avery Dennison
Is Avery Dennison a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Avery Dennison AI analysis
What does Avery Dennison do?
Avery Dennison Corporation manufactures and markets pressure-sensitive materials and products in the United States, Europe, Asia, Latin America, and internationally. It is in Business Equipment & Supplies, based in Mentor, OH, United States, with 35,000 employees.
Does Avery Dennison pay a dividend?
Yes. At today's price the dividend is 2.3% a year, about 42% of its yearly profit. In 2025 it paid out $288 million in dividends.
Is Avery Dennison stock halal?
Yes. Avery Dennison passes our halal screen: its business is permitted and its debt is 26% of its market value, under the 30% limit. How we check
How has Avery Dennison stock done over the past year?
Up 8.0% over the past twelve months, to $188.18. It traded between $153.01 and $197.45 and is 4.7% below its high.
Who are Avery Dennison's competitors?
The largest listed companies in the same industry are Brother Industries, Ricoh, Canon Marketing Japan and GRG Banking Equipment. The peers table on this page compares their profit, growth and price with Avery Dennison's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



