← Avery Dennison Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $6.1b | $6.6b | $7.2b | $7.1b | $7.0b | $7.0b | $9.0b | $8.4b | $8.8b | $8.9b | |
| Cost of Revenue | $4.4b | $4.8b | $5.2b | $5.2b | $5.0b | $5.9b | $6.6b | $6.1b | $6.2b | $6.3b | |
| Gross Profit | $1.7b | $1.8b | $1.9b | $1.9b | $1.9b | $1.9b | $2.4b | $2.3b | $2.5b | $2.5b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $19.9m | $18.6m | $15.2m | $13.5m | $19.9m | — | $81.8m | $86.3m | $89.4m | $92.8m | |
| Foreign Currency Transaction Gain (Loss), Realized | ($1.6m) | ($4.1m) | ($13.4m) | ($9.7m) | ($7.2m) | — | — | — | — | — | |
| Gain (Loss) on Investments | — | — | — | — | $5.4m | — | $13.5m | ($1.5m) | ($19.2m) | ($23.3m) | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | $3.4m | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | — | — | — | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $17.9m | $49.0m | ($7.3m) | ($355.4m) | $123.8m | — | $232.4m | $187.2m | $211.4m | $160.4m | |
| Income (Loss) from Continuing Operations, Per Basic Share | $4 | $3 | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $4 | $3 | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | — | — | ($2.0m) | ($2.6m) | ($3.7m) | — | $0 | $0 | — | — | |
| Provision for income taxes | $134.5m | $307.7m | $85.4m | ($56.7m) | — | $177.7m | $248.6m | $191.7m | $248.6m | $237.1m | |
| Common shares (in shares) | $91.0m | $88.3m | $87.3m | $84.0m | — | $83.4m | $82.9m | $80.7m | $80.4m | $78.1m | |
| Common shares, assuming dilution (in shares) | $92.9m | $90.1m | $88.6m | $85.0m | — | $84.1m | $83.8m | $81.1m | $80.7m | $78.3m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $477.1m | — | — | — | — | — | — | — | $953.5m | $925.1m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $320.7m | $281.8m | — | — | — | — | $999.3m | $694.7m | $953.5m | $925.1m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | — | — | |
| Income before taxes | $477.1m | $589.5m | $554.8m | $249.5m | — | $737.3m | $992.6m | $694.7m | $953.5m | $925.1m | |
| Net Income (Loss) Attributable to Parent | $274.3m | $281.8m | $467.4m | $303.6m | $555.9m | $555.9m | $757.1m | $503.0m | $704.9m | $688.0m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $320.7m | $281.8m | $467.4m | $303.6m | $555.9m | $555.9m | $740.1m | $503.0m | $704.9m | $688.0m | |
| Earnings Per Share, Basic | $3.60 | $3.19 | $5.35 | $3.61 | $6.67 | $6.61 | $9.28 | $6.23 | $8.77 | $8.81 | |
| Earnings Per Share, Diluted | $3.54 | $3.13 | $5.28 | $3.57 | $6.61 | — | $9.21 | $6.20 | $8.73 | $8.79 | |
| Common Stock, Dividends, Per Share, Declared | $1.60 | $1.76 | $2.01 | $2.26 | $2.36 | $6.61 | $2.93 | $3.18 | $3.45 | $3.70 | |
| Weighted Average Number of Shares Outstanding, Basic | 89.1m | 88.3m | 87.3m | 84.0m | 83.4m | — | 81.6m | 80.7m | 80.4m | 78.1m | |
| Weighted Average Number of Shares Outstanding, Diluted | 90.7m | 90.1m | 88.6m | 85.0m | 84.1m | — | 82.2m | 81.1m | 80.7m | 78.3m | |
| Research and Development Expense | $89.7m | $93.4m | $98.2m | $92.6m | $112.8m | — | $136.1m | $135.8m | $137.8m | $136.6m | |
| Selling, General and Administrative Expense | $1.1b | $1.1b | $1.1b | $1.1b | $1.1b | $1.1b | $1.3b | $1.3b | $1.4b | $1.4b | |
| Marketing, general and administrative expense | $1.1b | $1.1b | $1.1b | $1.1b | — | $1.1b | $1.2b | $1.3b | $1.4b | $1.4b | |
| Other Nonoperating Income (Expense) | — | — | $104.8m | — | ($1.9m) | $1.9m | $9.4m | $30.8m | $26.7m | $14.2m | |
| Cost of products sold | $4.3b | $4.8b | $5.2b | $5.2b | — | $5.0b | $6.1b | $6.1b | $6.2b | $6.3b | |
| Other expense (income), net | — | — | $69.9m | $53.2m | — | $53.6m | $5.6m | $180.9m | $71.6m | $77.5m | |
| Other non-operating expense (income), net | — | — | $104.8m | $445.2m | — | $1.9m | ($4.1m) | ($30.8m) | ($26.7m) | ($14.2m) | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $117.0m | $135.4m | |
| Interest Expense | $59.9m | $63.0m | $58.5m | $75.8m | $70.0m | $70.0m | $84.1m | $119.0m | $117.0m | $135.4m | |
| Current Income Tax Expense (Benefit) | $88.0m | $158.2m | $115.4m | $159.6m | $171.5m | — | $215.9m | $212.3m | $261.5m | $262.2m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | ($41.4m) | — | ($93.7m) | ($444.1m) | ($500k) | — | $0 | — | — | — | |
| Income Tax Expense (Benefit) | $156.4m | $307.7m | $85.4m | ($56.7m) | $177.7m | — | $242.2m | $191.7m | $248.6m | $237.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.