AVYAvery Dennison

Materials · Paper Products · NYSE

Headquarters: Mentor, OH
CEO: Deon Stander
Next results: around Feb 3, 2027

AVY and 9 peers, year by year

The 9 Materials companies closest to AVY in revenue over the last twelve months. Every number is from the 10-K and links to it in SEC's Inline XBRL viewer.

5 years 10 years Download CSV

Choose the peers

Each company's latest fiscal year
Company	Year	Revenue	Sales growth	Gross margin	Operating margin	Net margin	FCF margin	Return on equity	Debt / equity
AVY Avery Dennison	FY2025	$8.9B	+1.1%	28.8%	-	7.8%	8.0%	30.7%	1.66
PKG Packaging Corporation of America	FY2025	$9.0B	+7.2%	21.0%	12.3%	8.6%	8.1%	16.8%	0.87
VMC Vulcan Materials Company	FY2025	$7.9B	+7.1%	27.4%	20.4%	13.6%	14.3%	12.6%	0.51
CF CF Industries	FY2025	$7.1B	+19.3%	38.5%	32.5%	20.5%	25.4%	30.1%	0.66
IFF International Flavors & Fragrances	FY2025	$10.9B	−5.2%	36.2%	−3.5%	−3.3%	2.4%	−2.6%	0.42
MLM Martin Marietta Materials	FY2025	$6.2B	+8.6%	30.7%	23.4%	18.5%	15.9%	11.3%	0.53
MOS Mosaic	FY2025	$12.1B	+8.4%	15.8%	6.8%	4.5%	−4.4%	4.5%	0.42
ALB Albemarle Corporation	FY2025	$5.1B	−4.4%	13.0%	−7.1%	−9.9%	13.5%	−5.4%	0.33
APD Air Products	FY2025	$12.0B	−0.5%	-	−7.3%	−3.3%	−31.3%	−2.6%	1.18
BALL Ball Corporation	FY2025	$13.2B	+11.6%	-	-	6.9%	6.0%	16.8%	1.29

Revenuepeer median $9.0B

Sales growthpeer median +7.2%

Gross marginpeer median 27.4%

Operating marginpeer median 9.6%

Net marginpeer median 6.9%

FCF marginpeer median 8.1%

Return on equitypeer median 11.3%

Debt / equitypeer median 0.53

AVY 1.66
BALL 1.29
APD 1.18
PKG 0.87
CF 0.66
MLM 0.53
VMC 0.51
IFF 0.42
MOS 0.42
ALB 0.33

RevenueSales growthGross marginOperating marginNet marginFree cash flowFCF marginReturn on equityDebt / equityEPS (diluted)

Revenue, FY2016 to FY2025

Revenue as reported in the 10-K.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
AVY Dec	$6.1B	$6.6B	$7.2B	$7.1B	$7.0B	$8.4B	$9.0B	$8.4B	$8.8B	$8.9B
PKG Dec	$5.8B	$6.4B	$7.0B	$7.0B	$6.7B	$7.7B	$8.5B	$7.8B	$8.4B	$9.0B
VMC Dec	$3.6B	$3.9B	$4.4B	$4.9B	$4.9B	$5.6B	$7.3B	$7.8B	$7.4B	$7.9B
CF Dec	$3.7B	$4.1B	$4.4B	$4.6B	$4.1B	$6.5B	$11.2B	$6.6B	$5.9B	$7.1B
IFF Dec	$3.1B	$3.4B	$4.0B	$5.1B	$5.1B	$11.7B	$12.4B	$11.5B	$11.5B	$10.9B
MLM Dec	$3.8B	$4.0B	$4.2B	$4.7B	$4.7B	$5.4B	$6.2B	$5.9B	$5.7B	$6.2B
MOS Dec	-	-	$9.6B	$8.9B	$8.7B	$12.4B	$19.1B	$13.7B	$11.1B	$12.1B
ALB Dec	$2.7B	$3.1B	$3.4B	$3.6B	$3.1B	$7.3B	-	$9.6B	$5.4B	$5.1B
APD Sep	$7.5B	$8.2B	$8.9B	$8.9B	$8.9B	$10.3B	$12.7B	$12.6B	$12.1B	$12.0B
BALL Dec	$9.1B	$11.0B	$11.6B	$11.5B	$11.8B	$13.8B	$15.3B	$14.0B	$11.8B	$13.2B
Peer median	$3.8B	$4.0B	$4.4B	$5.1B	$5.1B	$7.7B	$11.8B	$9.6B	$8.4B	$9.0B

Sales growth, FY2016 to FY2025

Revenue against the fiscal year before.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
AVY Dec	+2.0%	+8.7%	+8.2%	−1.2%	−1.4%	+20.6%	+7.5%	−7.5%	+4.7%	+1.1%
PKG Dec	+0.6%	+11.5%	+8.8%	−0.7%	−4.4%	+16.1%	+9.7%	−8.0%	+7.4%	+7.2%
VMC Dec	+5.0%	+8.3%	+12.7%	+12.5%	−1.5%	+14.3%	+31.8%	+6.4%	−4.7%	+7.1%
CF Dec	−14.5%	+12.1%	+7.2%	+3.6%	−10.2%	+58.5%	+71.1%	−40.7%	−10.5%	+19.3%
IFF Dec	-	+9.1%	+17.0%	+29.2%	−1.1%	+129%	+6.7%	−7.7%	0.0%	−5.2%
MLM Dec	+7.9%	+3.8%	+7.0%	+11.7%	−0.2%	+14.5%	+13.8%	+10.0%	−3.2%	+8.6%
MOS Dec	-	-	-	−7.1%	−2.5%	+42.3%	+54.8%	−28.4%	−18.8%	+8.4%
ALB Dec	−5.3%	+14.7%	+9.9%	+6.4%	−12.8%	+120%	-	+31.4%	−44.1%	−4.4%
APD Sep	−4.1%	+9.1%	+9.1%	−0.1%	−0.7%	+16.6%	+23.0%	−0.8%	−4.0%	−0.5%
BALL Dec	+13.3%	+21.2%	+5.9%	−1.4%	+2.7%	+17.2%	+11.1%	−9.8%	−2.2%	+11.6%
Peer median	+0.6%	+10.3%	+9.0%	+3.6%	−1.5%	+17.2%	+18.4%	−7.7%	−4.0%	+7.2%

Gross margin, FY2016 to FY2025

Gross profit / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
AVY Dec	27.9%	27.4%	26.8%	26.9%	27.6%	27.5%	26.6%	27.2%	28.9%	28.8%
PKG Dec	22.1%	22.8%	23.5%	23.6%	20.6%	24.2%	24.7%	21.8%	21.3%	21.0%
VMC Dec	27.5%	25.5%	25.1%	25.5%	26.4%	24.7%	21.3%	25.0%	27.0%	27.4%
CF Dec	22.9%	10.5%	20.7%	25.6%	19.4%	36.5%	52.4%	38.4%	34.6%	38.5%
IFF Dec	44.8%	43.3%	42.3%	41.1%	41.0%	32.0%	33.4%	32.1%	35.9%	36.2%
MLM Dec	23.9%	24.5%	22.8%	24.9%	26.5%	24.9%	23.1%	29.8%	28.9%	30.7%
MOS Dec	-	-	15.6%	10.1%	12.3%	25.9%	30.1%	16.1%	13.6%	15.8%
ALB Dec	36.2%	36.0%	36.1%	35.0%	31.8%	42.0%	-	12.3%	1.2%	13.0%
APD Sep	31.0%	29.8%	30.7%	32.7%	33.9%	-	-	-	-	-
BALL Dec	15.7%	16.0%	15.5%	15.5%	-	-	-	-	-	-
Peer median	25.7%	25.0%	23.5%	25.5%	26.4%	25.9%	27.4%	25.0%	27.0%	27.4%

Operating margin, FY2016 to FY2025

Operating income / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
AVY Dec	-	-	-	-	-	-	-	-	-	-
PKG Dec	13.6%	14.5%	15.2%	15.1%	10.9%	16.1%	16.8%	13.8%	13.1%	12.3%
VMC Dec	18.5%	16.4%	17.1%	17.8%	18.4%	18.2%	13.0%	18.3%	18.4%	20.4%
CF Dec	3.7%	5.7%	17.3%	21.9%	15.1%	26.4%	48.2%	33.6%	29.4%	32.5%
IFF Dec	17.7%	16.3%	14.7%	12.9%	11.1%	5.0%	−10.7%	−18.4%	6.7%	−3.5%
MLM Dec	17.7%	17.7%	16.3%	18.7%	21.3%	18.0%	19.6%	22.8%	43.8%	23.4%
MOS Dec	-	-	9.7%	−12.3%	4.8%	20.0%	25.0%	9.8%	5.6%	6.8%
ALB Dec	22.4%	18.6%	27.0%	18.6%	16.2%	33.7%	-	2.6%	−33.0%	−7.1%
APD Sep	20.5%	17.6%	22.0%	24.0%	25.3%	22.1%	18.4%	19.8%	36.9%	−7.3%
BALL Dec	5.1%	7.3%	8.0%	8.1%	8.5%	9.3%	7.9%	9.1%	-	-
Peer median	17.7%	16.3%	16.3%	17.8%	15.1%	18.2%	17.6%	13.8%	15.8%	9.6%

Net margin, FY2016 to FY2025

Net income / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
AVY Dec	5.3%	4.3%	6.5%	4.3%	8.0%	8.8%	8.4%	6.0%	8.1%	7.8%
PKG Dec	7.8%	10.4%	10.5%	10.0%	6.9%	10.9%	12.1%	9.8%	9.6%	8.6%
VMC Dec	11.7%	15.5%	11.8%	12.5%	12.0%	12.1%	7.9%	12.0%	12.3%	13.6%
CF Dec	−7.5%	8.7%	6.5%	10.7%	7.7%	14.0%	29.9%	23.0%	20.5%	20.5%
IFF Dec	13.0%	8.7%	8.5%	8.9%	7.1%	2.3%	−15.0%	−22.6%	2.3%	−3.3%
MLM Dec	11.1%	18.0%	11.1%	12.9%	15.2%	13.0%	14.1%	20.0%	35.2%	18.5%
MOS Dec	-	-	4.9%	−12.0%	7.7%	13.2%	18.7%	8.5%	1.6%	4.5%
ALB Dec	24.0%	1.8%	20.6%	14.9%	12.0%	36.7%	-	16.4%	−21.9%	−9.9%
APD Sep	8.4%	36.6%	16.8%	19.7%	21.3%	20.3%	17.8%	18.3%	31.6%	−3.3%
BALL Dec	2.9%	3.4%	3.9%	4.9%	5.0%	6.4%	4.7%	5.0%	34.0%	6.9%
Peer median	9.8%	9.5%	10.5%	10.7%	7.7%	13.0%	13.1%	12.0%	12.3%	6.9%

Free cash flow, FY2016 to FY2025

Cash from operations minus capital spending.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
AVY Dec	$405.2M	$455.2M	$231.2M	$527.1M	$549.9M	$791.8M	$682.9M	$560.7M	$730.0M	$712.4M
PKG Dec	$532.6M	$513.1M	$628.7M	$807.9M	$611.6M	$489.0M	$670.8M	$845.4M	$521.5M	$728.6M
VMC Dec	$294.4M	$185.1M	$363.7M	$600.0M	$708.2M	$560.6M	$535.6M	$664.2M	$806.1M	$1.1B
CF Dec	−$1.6B	$1.2B	$1.1B	$1.1B	$922.0M	$2.4B	$3.4B	$2.3B	$1.8B	$1.8B
IFF Dec	$423.7M	$261.8M	$267.5M	$463.0M	$522.0M	$1.0B	−$107.0M	$952.0M	$607.0M	$256.0M
MLM Dec	$301.7M	$247.3M	$329.1M	$572.6M	$690.4M	$714.6M	$509.0M	$878.0M	$604.0M	$978.0M
MOS Dec	$417.1M	$115.4M	$455.3M	−$176.8M	$412.0M	$898.4M	$2.7B	$1.0B	$47.4M	−$534.6M
ALB Dec	$538.9M	−$13.7M	−$153.8M	−$132.4M	−$51.6M	$646.2M	-	−$828.0M	−$992.7M	$692.5M
APD Sep	$1.4B	$1.5B	$978.8M	$980.2M	$755.7M	$871.0M	$244.1M	−$1.4B	−$3.1B	−$3.8B
BALL Dec	−$413.0M	$922.0M	$750.0M	$950.0M	$319.0M	$34.0M	−$1.4B	$818.0M	−$369.0M	$788.0M
Peer median	$417.1M	$261.8M	$455.3M	$600.0M	$611.6M	$714.6M	$522.3M	$845.4M	$521.5M	$728.6M

FCF margin, FY2016 to FY2025

Free cash flow / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
AVY Dec	6.7%	6.9%	3.2%	7.5%	7.9%	9.4%	7.6%	6.7%	8.3%	8.0%
PKG Dec	9.2%	8.0%	9.0%	11.6%	9.2%	6.3%	7.9%	10.8%	6.2%	8.1%
VMC Dec	8.2%	4.8%	8.3%	12.2%	14.6%	10.1%	7.3%	8.5%	10.9%	14.3%
CF Dec	−43.3%	28.0%	24.3%	24.0%	22.4%	36.1%	30.4%	34.1%	29.5%	25.4%
IFF Dec	13.6%	7.7%	6.7%	9.0%	10.3%	9.0%	−0.9%	8.3%	5.3%	2.4%
MLM Dec	7.9%	6.2%	7.8%	12.1%	14.6%	13.2%	8.3%	15.0%	10.7%	15.9%
MOS Dec	-	-	4.7%	−2.0%	4.7%	7.3%	14.1%	7.3%	0.4%	−4.4%
ALB Dec	20.1%	−0.4%	−4.6%	−3.7%	−1.6%	8.8%	-	−8.6%	−18.5%	13.5%
APD Sep	18.0%	18.2%	11.0%	11.0%	8.5%	8.4%	1.9%	−11.3%	−26.0%	−31.3%
BALL Dec	−4.6%	8.4%	6.4%	8.3%	2.7%	0.2%	−8.8%	5.8%	−3.1%	6.0%
Peer median	8.7%	7.8%	7.8%	11.0%	9.2%	8.8%	7.6%	8.3%	5.3%	8.1%

Return on equity, FY2016 to FY2025

Net income / shareholders' equity at the year end.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
AVY Dec	34.7%	27.3%	48.9%	25.2%	37.4%	38.5%	37.3%	23.6%	30.5%	30.7%
PKG Dec	25.5%	30.6%	27.6%	22.7%	14.2%	23.3%	28.1%	19.1%	18.3%	16.8%
VMC Dec	9.2%	12.1%	9.9%	11.0%	9.7%	10.2%	8.3%	12.5%	11.2%	12.6%
CF Dec	−8.3%	10.0%	9.8%	17.0%	10.8%	28.6%	66.2%	26.7%	24.4%	30.1%
IFF Dec	24.9%	17.6%	5.6%	7.3%	5.8%	1.3%	−10.6%	−17.7%	1.9%	−2.6%
MLM Dec	10.3%	15.2%	9.5%	11.4%	12.2%	10.7%	12.1%	14.6%	21.1%	11.3%
MOS Dec	3.1%	−1.1%	4.5%	−11.6%	7.0%	15.4%	29.7%	9.5%	1.5%	4.5%
ALB Dec	17.0%	1.5%	19.3%	13.6%	8.8%	33.7%	-	16.7%	−11.8%	−5.4%
APD Sep	8.9%	29.7%	13.8%	15.9%	15.6%	15.5%	17.2%	16.1%	22.5%	−2.6%
BALL Dec	7.7%	9.5%	13.1%	19.2%	17.9%	24.2%	20.8%	18.8%	68.4%	16.8%
Peer median	9.2%	12.1%	9.9%	13.6%	10.8%	15.5%	19.0%	16.1%	18.3%	11.3%

Debt / equity, FY2016 to FY2025

Total debt / shareholders' equity at the year end.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
AVY Dec	1.40	1.53	2.02	1.37	1.41	1.61	1.40	1.38	1.12	1.66
PKG Dec	1.51	1.21	0.93	0.81	0.77	0.69	0.68	0.72	0.57	0.87
VMC Dec	0.43	0.57	0.56	0.50	0.55	0.59	0.79	0.52	0.65	0.51
CF Dec	1.73	1.31	1.59	1.37	1.36	1.08	0.59	0.52	0.60	0.66
IFF Dec	0.81	0.97	0.76	0.71	0.70	0.54	0.61	0.68	0.64	0.42
MLM Dec	0.41	0.65	0.63	0.52	0.45	0.78	0.70	0.54	0.57	0.53
MOS Dec	0.40	0.54	0.44	0.50	0.48	0.40	0.30	0.31	0.37	0.42
ALB Dec	0.62	0.50	0.48	0.78	0.84	0.40	-	0.44	0.35	0.33
APD Sep	0.72	0.39	0.32	0.27	0.63	0.54	0.53	0.72	0.84	1.18
BALL Dec	2.19	1.77	1.95	2.65	2.38	2.13	2.59	2.27	0.97	1.29
Peer median	0.72	0.65	0.63	0.71	0.70	0.59	0.64	0.54	0.60	0.53

EPS (diluted), FY2016 to FY2025

Diluted earnings per share, on today's share count after splits.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
AVY Dec	$3.54	$3.13	$5.28	$3.57	$6.61	$8.83	$9.21	$6.20	$8.73	$8.79
PKG Dec	$4.75	$7.07	$7.80	$7.34	$4.84	$8.83	$11.03	$8.48	$8.93	$8.58
VMC Dec	$3.09	$4.46	$3.85	$4.63	$4.39	$5.02	$4.31	$6.98	$6.85	$8.11
CF Dec	−$1.19	$1.53	$1.24	$2.23	$1.47	$4.24	$16.38	$7.87	$6.74	$8.97
IFF Dec	$5.05	$3.72	$3.79	$4.00	$3.21	$1.10	−$7.32	−$10.14	$1.04	−$1.41
MLM Dec	$6.63	$11.25	$7.43	$9.74	$11.54	$11.22	$13.87	$18.82	$32.41	$18.77
MOS Dec	$0.85	−$0.31	$1.22	−$2.78	$1.75	$4.27	$10.06	$3.50	$0.55	$1.70
ALB Dec	$5.68	$0.49	$6.34	$5.02	$3.52	$22.84	-	$13.36	−$11.20	−$5.76
APD Sep	$2.89	$13.65	$6.78	$7.94	$8.49	$9.43	$10.14	$10.33	$17.18	−$1.77
BALL Dec	$0.81	$1.05	$1.29	$1.66	$1.76	$2.65	$2.25	$2.23	$13.00	$3.30
Peer median	$3.09	$3.72	$3.85	$4.63	$3.52	$5.02	$10.10	$7.87	$6.85	$3.30

Fiscal years are lined up as each company's 10-K names them; the month next to a ticker is when its year ends. Hover a number for the XBRL line items and the filing; click it to open the filing on sec.gov. "n/m" means not meaningful: equity below zero, or a base so close to zero that the ratio says nothing. The peer median leaves out AVY and needs at least three peers with the number. P/E, P/S and P/FCF at each year end appear here once the site has daily prices. What the same companies write about AI, tariffs and more →

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