Avery Dennison Corp. engages in the provision of labeling and packaging materials and solutions. It operates through the following segments: Label & Graphic Materials, Retail Branding & Information Solutions and Industrial & Healthcare Materials. The Label and Graphic Materials Segment manufactures and sells Fasson, JAC, and Avery Dennison-brand pressure-sensitive label and packaging materials, Avery Dennison and Mactac brand graphics, and Avery Dennison brand reflective products. The Retail Branding and Information Solutions segment designs, manufactures, and sells a variety of branding and information solutions to retailers, brand owners, apparel manufacturers, distributors and industrial customers. The Industrial and Healthcare Materials Segment manufactures and sells Fasson-brand and Avery Dennison-brand tapes and fasteners, Vancive -brand medical pressure sensitive adhesive based materials and products, and performance polymers. The company was founded by R. Stanton Avery in 1935 and is headquartered in Glendale, CA.
Highlights
The stock's price to earnings (P/E) is 30% less than its last 4 quarters average of 27.2 and 29% less than its 5-year quarterly average of 26.9
Avery Dennison's equity has increased by 14% YoY and by 3.5% from the previous quarter
Avery Dennison's EPS has soared by 122% YoY but it has decreased by 11% from the previous quarter
The company's net income has surged by 114% YoY but it fell by 11% QoQ
Avery Dennison's gross profit has decreased by 5% QoQ and by 2.9% YoY
The company's revenue fell by 3.9% YoY and by 3.8% QoQ
Key stats
What are the main financial stats of AVY
Market
Shares outstanding
83.46M
Market cap
$9.91B
Enterprise value
$11.91B
Valuations
Price to earnings (P/E)
19.09
Price to book (P/B)
8.15
Price to sales (P/S)
1.46
EV/EBIT
16.97
EV/EBITDA
13.39
EV/Sales
1.76
Earnings
Revenue
$6.79B
EBIT
$701.9M
EBITDA
$889.3M
Free cash flow
$452.9M
Per share
EPS
$6.22
Free cash flow per share
$5.43
Book value per share
$14.57
Revenue per share
$81.36
TBVPS
$52.95
Balance sheet
Total assets
$5.65B
Total liabilities
$4.44B
Debt
$2.27B
Equity
$1.21B
Working capital
$415.1M
Liquidity
Debt to equity
1.87
Current ratio
1.22
Quick ratio
0.72
Net debt/EBITDA
2.25
Margins
EBITDA margin
13.1%
Gross margin
26.9%
Net margin
7.7%
Operating margin
11.6%
Efficiency
Return on assets
9.2%
Return on equity
44.8%
Return on invested capital
16.8%
Return on capital employed
18.8%
Return on sales
10.3%
Dividend
Dividend yield
1.95%
DPS
$2.32
Payout ratio
37.3%
AVY stock price
How has the Avery Dennison stock price performed over time
Financial performance
How have Avery Dennison's revenue and profit performed over time
Revenue
$6.79B
Gross profit
$1.82B
Operating income
$785.6M
Net income
$521M
Gross margin
26.9%
Net margin
7.7%
AVY's net margin has soared by 127% YoY but it is down by 7% from the previous quarter
The company's net income has surged by 114% YoY but it fell by 11% QoQ
AVY's operating income is down by 6% since the previous quarter
Avery Dennison's gross profit has decreased by 5% QoQ and by 2.9% YoY
Growth
What is Avery Dennison's growth rate over time
Valuation
What is Avery Dennison stock price valuation
P/E
19.09
P/B
8.15
P/S
1.46
EV/EBIT
16.97
EV/EBITDA
13.39
EV/Sales
1.76
Avery Dennison's EPS has soared by 122% YoY but it has decreased by 11% from the previous quarter
The stock's price to earnings (P/E) is 30% less than its last 4 quarters average of 27.2 and 29% less than its 5-year quarterly average of 26.9
Avery Dennison's equity has increased by 14% YoY and by 3.5% from the previous quarter
The stock's price to book (P/B) is 4.5% more than its 5-year quarterly average of 7.8
The P/S is 22% more than the 5-year quarterly average of 1.2 and 4.3% more than the last 4 quarters average of 1.4
The company's revenue fell by 3.9% YoY and by 3.8% QoQ
Efficiency
How efficient is Avery Dennison business performance
AVY's return on invested capital has surged by 180% year-on-year but it is down by 14% since the previous quarter
AVY's return on assets has surged by 100% year-on-year but it is down by 12% since the previous quarter
The ROE has soared by 87% YoY but it has decreased by 14% from the previous quarter
Avery Dennison's ROS has decreased by 8% from the previous quarter
Dividends
What is AVY's dividend history
DPS
$2.32
Dividend yield
1.95%
Payout ratio
37.3%
Recent dividends
Financial health
How did Avery Dennison financials performed over time
The total assets is 27% more than the total liabilities
The current ratio has grown by 17% YoY and by 7% from the previous quarter
Avery Dennison's total liabilities has decreased by 13% from the previous quarter but it has increased by 2.6% YoY
AVY's debt is 87% more than its equity
Avery Dennison's debt to equity has decreased by 22% QoQ and by 3.6% YoY
AVY's debt is down by 20% from the previous quarter but it is up by 10% YoY
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.