Avery Dennison Corporation

AVY

$177.75

-0.33%

2026-08-28 16:00:02 EDT-$0.59

Consumer Cyclical

Packaging & Containers

NYSE

Active Trading

Avery Dennison Corporation operates as a materials science and digital identification solutions company in the North America, Europe, the Middle East, North ...

Price Action of AVY

$177.75

-0.33%-$0.59

High—

Low—

52W High-9.4%

Rel. vol—

Interval

Range6.4h

Volume—SMA5SMA10

—

Avery Dennison Corporation (NYSE: AVY) is a Fortune 500 global materials science and digital identification solutions company. Founded in 1935 by Stan Avery in Los Angeles as Kum Kleen Products, it later became Avery Adhesives and merged with Dennison Manufacturing in 1990 to form Avery Dennison. The company is headquartered ...Avery Dennison Corporation (NYSE: AVY) is a Fortune 500 global materials science and digital identification solutions company. Founded in 1935 by Stan Avery in Los Angeles as Kum Kleen Products, it later became Avery Adhesives and merged with Dennison Manufacturing in 1990 to form Avery Dennison. The company is headquartered in Mentor, Ohio, and employs approximately 35,000 people worldwide. Business segments: The company operates through two main segments: Materials Group and Solutions Group. The Materials Group specializes in pressure-sensitive materials, including labels, tapes, and other adhesive products, with brands like Fasson, JAC, and Avery Dennison. The Solutions Group provides RFID, branding, and information solutions, including item-level RFID tags, price ticketing, and brand protection, serving the apparel, retail, and logistics industries. Products and services: Avery Dennison offers a wide range of products, from label materials and performance tapes (mechanical fasteners, precision-extruded plastic devices) to graphics and reflective films for architectural, signage, and transportation markets. They also provide sustainable packaging solutions, brand embellishments, and digital identification solutions like RFID inlays and IoT-enabled sensors. Cost and financials: As of the latest TTM data, the company has a market cap of approximately $13.55 billion, with revenue per share of $120.58 and net income per share of $9.19. Gross profit margin is 29%, operating margin 12.4%, and net margin 7.6%. The company has a reasonable debt structure with debt-to-equity ratio of 1.58 and interest coverage of 8.08 times. Dividend yield is around 2.2%, with a payout ratio of 41.7%. Operations and supply chain: Avery Dennison manages a complex global supply chain with an operating cycle of 128 days and cash conversion cycle of 43 days. Inventory turnover is 6.37 times, receivables turnover 5.16, and payables turnover 4.31. The company's capital expenditure accounts for about 1.8% of revenue, focusing on innovation and capacity. Key people: Deon Stander is the President and CEO as of September 2023, succeeding Mitch Butier. Greg Lovins serves as Senior Vice President and CFO. Under Stander's leadership, the company continues to focus on materials science innovation and digital solutions. Vision and culture: Avery Dennison's purpose is to make possible products and solutions that advance industries and improve lives. They emphasize sustainability, with commitment to reducing environmental impact through recyclable materials and circular economy initiatives. Their culture fosters innovation, starting with curiosity, and they have a strong focus on employee development and community engagement.ExpandCollapse

Founded

1935

Employees

35000

CEO

Deon Stander

Full Name

Avery Dennison Corporation

Sector

Consumer Cyclical

Industry

Packaging & Containers

ROE

31.07%

Market Cap

$13.60B

Current Ratio

1.13

WACC

7.26%

ROIC

16.17%

Contact Information

https://www.averydennison.com

440 534 6000

8080 Norton Parkway, Mentor, OH 44060

Key Metrics of AVY

Snapshot

Latest / TTM · 6 periods

Market Cap

$13.60B

ROCE

18.5%

EV / EBITDA

12.23x

+0.5% YoY

FCF Yield

8.0%

+3.0% YoY

Cash Conversion Cycle

43.4d

Current Ratio

1.13

Quick take

TTM —

Positive CCC

Financial Highlights of AVY

Profitability trend

Latest / TTM · 6 periods

Gross Margin

29.0%

Net Margin

7.6%

P/E Ratio

18.95x

n/a

Debt / Equity

1.58

n/a

Current Ratio

1.13

Dividend Yield

2.2%

Understanding

TTM —

No major balance sheet stress in these headline ratios.

Calendar of AVY

Upcoming

Sep 16, 2026In 12 days
Dividend payment
$3.82 per share
Sep 30, 2026In 26 days
Q3 FY2026 · Estimated results
Est. EPS $2.33 · Revenue $2.26B · 7 analysts
Dec 30, 2026
Q4 FY2026 · Estimated results
Est. EPS $2.49 · Revenue $2.32B · 7 analysts
Dec 31, 2026
FY2026 · Estimated annual results
Est. EPS $10.17 · Revenue $9.34B · 7 analysts

Recent history

Sep 2, 2026
Ex-dividend date
$3.82 per share
Aug 4, 2026
Q2 FY2026 · Results reported
EPS $2.67 · Revenue $2.46B
View filing
May 5, 2026
Q1 FY2026 · Results reported
EPS $2.18 · Revenue $2.30B
View filing
Feb 25, 2026
FY2025 · Annual results
EPS $8.78 · Revenue $8.86B
View filing
Oct 28, 2025
Q3 FY2025 · Results reported
EPS $2.13 · Revenue $2.22B
View filing
Jul 29, 2025
Q2 FY2025 · Results reported
EPS $2.41 · Revenue $2.22B
View filing

Financial Statements of AVY

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$8.9B	+1.1%	+7.2%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$688.0M	-2.4%	+21.4%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+28.8%	-0.4%	+2.4%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	+12.5%	-3.2%	+7.6%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	+7.8%	-3.5%	+13.3%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$712.4M	-2.4%	+241.0%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	+8.0%	-3.5%	+218.3%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	166.5%	+22.1%	-3.9%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	1.13x	+4.8%	-1.6%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$8.8B	+4.7%	+2.6%

Actual vs Estimate

A Dec 31Q Sep 30

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	8.78 vs 9.49	-7.5%	2.67 vs 2.33	+14.6%
Revenue Surprise	$8.9B vs $8.9B	-0.1%	$2.5B vs $2.3B	+9.1%

Insider Transactions of AVY

Acquisitions (A)

Since May 1, 2026

Disposals (D)

Since May 1, 2026

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
Sep 1, 2026	Allouche Danny Gilad	officer: President, Materials Group	2026 Special RSU Award	A	2,866	—
Sep 1, 2026	Allouche Danny Gilad	officer: President, Materials Group	Suppl. 2026 PU Award	A	351	—
Sep 1, 2026	Allouche Danny Gilad	officer: President, Materials Group	Suppl. 2026 RSU Award	A	243	—
Sep 1, 2026	Wagner William Raymond	director	Suppl. 2026 Director RSU Award	A	344	—
Aug 14, 2026	Butier Mitchell R	director	Common Stock (Savings Plan)	D	2,185	$178.93

Earnings Call Transcript of AVY

1 transcript segments

Q2 2026

Unknown Speaker

Operator: Ladies and gentlemen, welcome to Avery Dennison's Earnings Conference Call for the Second Quarter Ended on June 30, 2026. During the presentation, all participants will be in a listen-only mode. Afterward, we will conduct a Q&A session. At that time, if you would like to ask a question, please raise your hand and enter the queue. As a reminder, this webcast is being recorded and will be available for replay on the Avery Dennison Investor Relations website. I would now like to turn the call over to William R. Gilchrist, Avery Dennison's vice president of investor relations. Please go ahead, sir. William R. Gilchrist: Thank you, Ellen, and welcome to Avery Dennison's second quarter 2026 earnings Conference Call. Please note that throughout today's discussion, we will be making references to non-GAAP financial measures. The non-GAAP measures that we use are defined, qualified, and reconciled from GAAP on schedules A-4 to A-8 of the financial statements accompanying today's earnings release. Remind you that we will make certain predictive statements that reflect our current views and estimates about our future performance and financial results. These forward-looking statements are made subject to the Safe Harbor statement included in today's earnings release. On the call today are Deon, President and Chief Executive Officer and Greg, senior vice president and chief financial officer. I will now turn the call over to Deon. Deon Stander: Thanks, Bill, and good morning, everyone. We delivered strong second quarter results across the board. On a year-over-year basis, organic sales growth accelerated to 8%, adjusted EBITDA margins expanded, adjusted EPS grew by 19%, and adjusted free cash flow generation was strong at more than $360 million. While these results benefited from continued customer inventory stocking in Materials Group. Excluding this tailwind, we continue to drive a step change in the pace of our sales and earnings growth. Our performance this quarter once again demonstrated the strength and resilience of our portfolio. Sales growth was balanced across both base and high-value categories, with high-value categories returning to mid-single-digit growth as we expected. Combining this improved organic growth with our commercial and operational excellence allowed us to expand adjusted EBITDA margins across both segments, even against a volatile and inflationary cost backdrop. Our priorities are clear. We are continuing to drive both earnings growth and business resiliency by leaning into our proven playbook. First, we are investing in innovation- and service-led differentiation to drive share gains and expand new business opportunities. The strength of this focus was evident in our second quarter performance where organic sales growth accelerated. Second, we are executing commercial and operational agility including productivity and pricing actions to mitigate inflationary pressures. And third, we are generating strong free cash flow …

Leadership Team of AVY

10 executives

Name	Title	Compensation	Gender	Year Born	Status
Deon Stander	President, Chief Executive Officer & Director	USD 1,888,945	Male	1969	Active
Gregory S. Lovins	Chief Financial Officer, Senior Vice President & Principal Financial Officer	USD 1,176,746	Male	1973	Active
Danny Allouche	President of Materials Group	USD 1,095,964	Male	1975	Active
Deena Baker-Nel	Senior Vice President & Chief Human Resources Officer	USD 847,047	Female	1971	Active
Ignacio J. Walker	Senior Vice President & Chief Legal Officer	USD 750,042	Male	1977	Active
Nicholas R. Colisto	Senior Vice President & Chief Information Officer	USD 563,440	Male	1967	Active
Mitchell R. Butier	Executive Chairman	USD 232,500	Male	1971	Active
William R. Gilchrist	Vice President of Investor Relations	—	Male	—	Active
Kristin Robinson	Vice President of Global Communications	—	—	—	Active
Divina Santiago	Vice President, Controller & Principal Accounting Officer	—	Female	1970	Active

Recent News of AVY

Zacks Investment Research8/5/2026Neutral

Why Avery Dennison (AVY) is a Top Value Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Zacks Investment Research8/4/2026Neutral

Avery Dennison (AVY) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Avery Dennison (AVY) have what it takes?

Seeking Alpha7/30/2026Neutral

Avery Dennison Corporation (AVY) Q2 2026 Earnings Call Transcript

Zacks Investment Research7/30/2026Neutral

Avery Dennison Q2 Earnings Beat on Pricing & Productivity Gains

AVY tops Q2 earnings and revenue estimates, as pricing, productivity gains and volume growth lift margins, even as it flags second-half destocking risks.

Zacks Investment Research7/30/2026Neutral

Avery Dennison (AVY) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for Avery Dennison (AVY) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Historical Employee Count of AVY

Current

35,000

Change

+0.00%

Minimum

35,000

Maximum

36,000

Recent Filings

Report Date	Employees	Form Type	Filing Date	SEC Filing
Dec 31, 2025	35,000	10-K	Feb 25, 2026	View
Dec 28, 2024	35,000	10-K	Feb 26, 2025	View
Dec 30, 2023	35,000	10-K	Feb 21, 2024	View
Dec 31, 2022	36,000	10-K	Feb 22, 2023	View
Jan 1, 2022	36,000	10-K	Feb 23, 2022	View

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Avery Dennison Corporation