Avery Dennison (AVY) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
8.8B
Gross Profit
2.5B
28.90%
Operating Income
1.1B
12.74%
Net Income
704.9M
8.05%
EPS (Diluted)
$8.73
Balance Sheet Metrics
Total Assets
8.4B
Total Liabilities
6.1B
Shareholders Equity
2.3B
Debt to Equity
2.63
Cash Flow Metrics
Operating Cash Flow
891.4M
Free Cash Flow
699.0M
Revenue & Profitability Trend
Avery Dennison Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 8.8B | 8.4B | 9.0B | 8.4B | 7.0B |
| Cost of Goods Sold | 6.2B | 6.1B | 6.6B | 6.1B | 5.0B |
| Gross Profit | 2.5B | 2.3B | 2.4B | 2.3B | 1.9B |
| Operating Expenses | 1.4B | 1.3B | 1.3B | 1.2B | 1.1B |
| Operating Income | 1.1B | 963.8M | 1.1B | 1.1B | 862.8M |
| Pre-tax Income | 953.5M | 694.7M | 999.3M | 992.6M | 737.3M |
| Income Tax | 248.6M | 191.7M | 242.2M | 248.6M | 177.7M |
| Net Income | 704.9M | 503.0M | 757.1M | 740.1M | 555.9M |
| EPS (Diluted) | $8.73 | $6.20 | $9.21 | $8.83 | $6.61 |
Income Statement Trend
Avery Dennison Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 3.1B | 2.8B | 2.8B | 2.7B | 2.4B |
| Non-Current Assets | 5.3B | 5.4B | 5.2B | 5.2B | 3.7B |
| Total Assets | 8.4B | 8.2B | 8.0B | 8.0B | 6.1B |
| Liabilities | |||||
| Current Liabilities | 2.9B | 2.7B | 2.8B | 2.5B | 1.9B |
| Non-Current Liabilities | 3.2B | 3.4B | 3.1B | 3.5B | 2.7B |
| Total Liabilities | 6.1B | 6.1B | 5.9B | 6.0B | 4.6B |
| Equity | |||||
| Total Shareholders Equity | 2.3B | 2.1B | 2.0B | 1.9B | 1.5B |
Balance Sheet Composition
Avery Dennison Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 704.9M | 503.0M | 757.1M | 740.1M | 555.9M |
| Operating Cash Flow | 891.4M | 776.1M | 910.9M | 1.0B | 687.3M |
| Investing Activities | |||||
| Capital Expenditures | -208.2M | -264.3M | -275.8M | -253.9M | -192.2M |
| Investing Cash Flow | -212.1M | -439.2M | -312.3M | -1.7B | -537.0M |
| Financing Activities | |||||
| Dividends Paid | -277.5M | -256.7M | -238.9M | -220.6M | -196.8M |
| Financing Cash Flow | -576.1M | -317.2M | -615.2M | 604.3M | -818.1M |
| Free Cash Flow | 699.0M | 540.9M | 662.5M | 774.7M | 532.7M |
Cash Flow Trend
Avery Dennison Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
20.64
Forward P/E
17.05
Price to Book
6.49
Price to Sales
1.60
PEG Ratio
17.05
Profitability Ratios
Profit Margin
7.98%
Operating Margin
12.78%
Return on Equity
31.95%
Return on Assets
8.65%
Financial Health
Current Ratio
1.03
Debt to Equity
159.37
Beta
0.89
Per Share Data
EPS (TTM)
$8.69
Book Value per Share
$27.63
Revenue per Share
$109.31
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| avy | 14.0B | 20.64 | 6.49 | 31.95% | 7.98% | 159.37 |
| International Paper | 24.6B | 39.85 | 1.36 | 3.01% | 1.99% | 57.09 |
| Smurfit WestRock plc | 23.0B | 53.65 | 1.28 | 4.23% | 1.98% | 79.49 |
| Amcor plc | 20.8B | 16.20 | 3.40 | 20.80% | 5.99% | 241.41 |
| Packaging | 17.0B | 19.72 | 3.74 | 20.21% | 10.09% | 62.29 |
| Ball | 15.6B | 31.95 | 2.86 | 8.22% | 4.18% | 126.81 |
Financial data is updated regularly. All figures are in the company's reporting currency.