Avery Dennison Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $8.86B | $8.76B | $8.36B | $9.04B | $8.41B | $6.97B | $7.07B |
| Label and Graphic Materials | — | — | — | — | — | $5.43B | $4.72B | $4.75B |
| Retail Branding and Information Solutions | — | — | — | — | — | $2.20B | $1.63B | $1.65B |
| Industrial and Healthcare Materials | — | — | — | — | — | $776.1M | $625.5M | $673.9M |
| Materials Group | — | $6.09B | $6.01B | $5.81B | $6.50B | — | — | — |
| Solutions Group | — | $2.76B | $2.74B | $2.55B | $2.54B | — | — | — |
| Cost of Revenue | — | $6.31B | $6.23B | $6.09B | $6.64B | $5.05B | — | $5.17B |
| Gross Profit | — | $2.55B | $2.53B | $2.28B | $2.40B | $1.92B | — | $1.90B |
| Gross Margin | — | 28.8% | 28.9% | 27.2% | 26.6% | 22.9% | — | 26.9% |
| Operating Expenses | ||||||||
| Research & Development | — | $136.6M | $137.8M | $135.8M | $136.1M | $112.8M | — | $92.6M |
| SG&A Expense | — | $1.42B | $1.42B | $1.31B | $1.33B | $1.06B | — | $1.08B |
| Operating Income | — | $925.1M | $953.5M | $813.7M | $1.08B | $807.3M | — | $325.3M |
| Operating Margin | — | 10.4% | 10.9% | 9.7% | 12.0% | 9.6% | — | 4.6% |
| Interest Expense | — | — | — | $119.0M | $84.1M | $70.0M | — | $75.8M |
| Pretax Income | — | $925.1M | $953.5M | $694.7M | $999.3M | $737.3M | — | $249.5M |
| Income Tax Expense | — | $237.1M | $248.6M | $191.7M | $242.2M | $177.7M | — | $-56.7M |
| Net Income | — | $688.0M | $704.9M | $503.0M | $757.1M | $555.9M | — | $303.6M |
| Net Margin | — | 7.8% | 8.1% | 6.0% | 8.4% | 6.6% | — | 4.3% |
| EPS (Basic) | — | $8.81 | $8.77 | $6.23 | $9.28 | $6.67 | — | $3.61 |
| EPS (Diluted) | — | $8.79 | $8.73 | $6.20 | $9.21 | $6.61 | — | $3.57 |
| Shares Outstanding (Basic) | 76.9M | 78.1M | 80.4M | 80.7M | 81.6M | 83.4M | 83.3M | 84.0M |
| Shares Outstanding (Diluted) | 76.9M | 78.3M | 80.7M | 81.1M | 82.2M | 84.1M | 83.3M | 85.0M |
| Dividends Per Share | — | $3.70 | $3.45 | $3.18 | $2.93 | $2.36 | — | $2.26 |