AVY: Avery Dennison Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Avery Dennison Corp (AVY).
$15.15B Market Cap.
AVY Market Cap. (MRY)
AVY Shares Outstanding (MRY)
AVY Assets (MRY)
Total Assets
$8.40B
Total Liabilities
$6.09B
Total Investments
$0
AVY Income (MRY)
Revenue
$8.76B
Net Income
$704.90M
Operating Expense
$1.42B
AVY Cash Flow (MRY)
CF Operations
$938.80M
CF Investing
-$243.10M
CF Financing
-$576.10M
AVY Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $8,404,200,000 (2.37%) | $8,209,800,000 (3.26%) | $7,950,500,000 (-0.26%) | $7,971,600,000 (31.03%) |
Assets Current | $3,078,700,000 (10.11%) | $2,796,000,000 (0.50%) | $2,782,000,000 (1.73%) | $2,734,600,000 (13.18%) |
Assets Non-Current | $5,325,500,000 (-1.63%) | $5,413,800,000 (4.75%) | $5,168,500,000 (-1.31%) | $5,237,000,000 (42.79%) |
Goodwill & Intangible Assets | $2,731,500,000 (-4.58%) | $2,862,700,000 (5.92%) | $2,702,700,000 (-3.23%) | $2,792,900,000 (105.16%) |
Shareholders Equity | $2,312,300,000 (8.67%) | $2,127,900,000 (4.71%) | $2,032,200,000 (5.60%) | $1,924,400,000 (29.60%) |
Property Plant & Equipment Net | $1,586,700,000 (-2.40%) | $1,625,800,000 (5.56%) | $1,540,200,000 (4.23%) | $1,477,700,000 (9.97%) |
Cash & Equivalents | $329,100,000 (53.07%) | $215,000,000 (28.59%) | $167,200,000 (2.77%) | $162,700,000 (-35.51%) |
Accumulated Other Comprehensive Income | -$456,100,000 (-11.76%) | -$408,100,000 (-12.12%) | -$364,000,000 (-28.67%) | -$282,900,000 (19.08%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $978,100,000 (6.23%) | $920,700,000 (-8.83%) | $1,009,900,000 (11.32%) | $907,200,000 (26.49%) |
Trade & Non-Trade Receivables | $1,466,200,000 (3.63%) | $1,414,900,000 (2.95%) | $1,374,400,000 (-3.52%) | $1,424,500,000 (15.33%) |
Trade & Non-Trade Payables | $1,340,700,000 (4.98%) | $1,277,100,000 (-4.64%) | $1,339,300,000 (3.12%) | $1,298,800,000 (23.59%) |
Accumulated Retained Earnings (Deficit) | $5,151,200,000 (9.79%) | $4,691,800,000 (6.28%) | $4,414,600,000 (13.76%) | $3,880,700,000 (15.87%) |
Tax Assets | $110,000,000 (-4.93%) | $115,700,000 (0.52%) | $115,100,000 (-11.60%) | $130,200,000 (-34.14%) |
Tax Liabilities | $234,800,000 (-26.07%) | $317,600,000 (-2.01%) | $324,100,000 (3.41%) | $313,400,000 (53.93%) |
Total Debt | $3,152,200,000 (-2.84%) | $3,244,300,000 (4.58%) | $3,102,100,000 (-0.08%) | $3,104,700,000 (46.67%) |
Debt Current | $592,300,000 (-4.81%) | $622,200,000 (3.94%) | $598,600,000 (87.77%) | $318,800,000 (392.74%) |
Debt Non-Current | $2,559,900,000 (-2.37%) | $2,622,100,000 (4.74%) | $2,503,500,000 (-10.14%) | $2,785,900,000 (35.76%) |
Total Liabilities | $6,091,900,000 (0.16%) | $6,081,900,000 (2.76%) | $5,918,300,000 (-2.13%) | $6,047,200,000 (31.49%) |
Liabilities Current | $2,862,600,000 (6.04%) | $2,699,500,000 (-3.58%) | $2,799,800,000 (9.89%) | $2,547,900,000 (32.29%) |
Liabilities Non-Current | $3,229,300,000 (-4.53%) | $3,382,400,000 (8.46%) | $3,118,500,000 (-10.88%) | $3,499,300,000 (30.91%) |
AVY Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $8,755,700,000 (4.68%) | $8,364,300,000 (-7.47%) | $9,039,300,000 (7.50%) | $8,408,300,000 (20.61%) |
Cost of Revenue | $6,225,000,000 (2.27%) | $6,086,800,000 (-8.26%) | $6,635,100,000 (8.85%) | $6,095,500,000 (20.75%) |
Selling General & Administrative Expense | $1,415,300,000 (7.73%) | $1,313,700,000 (-1.28%) | $1,330,800,000 (6.59%) | $1,248,500,000 (17.73%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $1,415,300,000 (7.73%) | $1,313,700,000 (-1.28%) | $1,330,800,000 (6.59%) | $1,248,500,000 (17.73%) |
Interest Expense | $117,000,000 (-1.68%) | $119,000,000 (41.50%) | $84,100,000 (19.80%) | $70,200,000 (0.29%) |
Income Tax Expense | $248,600,000 (29.68%) | $191,700,000 (-20.85%) | $242,200,000 (-2.57%) | $248,600,000 (39.90%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $704,900,000 (40.14%) | $503,000,000 (-33.56%) | $757,100,000 (2.30%) | $740,100,000 (33.14%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $704,900,000 (40.14%) | $503,000,000 (-33.56%) | $757,100,000 (2.30%) | $740,100,000 (33.14%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $704,900,000 (40.14%) | $503,000,000 (-33.56%) | $757,100,000 (2.30%) | $740,100,000 (33.14%) |
Weighted Average Shares | $80,400,000 (-0.37%) | $80,700,000 (-1.10%) | $81,600,000 (-1.57%) | $82,900,000 (-0.60%) |
Weighted Average Shares Diluted | $80,700,000 (-0.49%) | $81,100,000 (-1.34%) | $82,200,000 (-1.91%) | $83,800,000 (-0.36%) |
Earning Before Interest & Taxes (EBIT) | $1,070,500,000 (31.56%) | $813,700,000 (-24.89%) | $1,083,400,000 (2.31%) | $1,058,900,000 (31.77%) |
Gross Profit | $2,530,700,000 (11.12%) | $2,277,500,000 (-5.27%) | $2,404,200,000 (3.95%) | $2,312,800,000 (20.25%) |
Operating Income | $1,115,400,000 (15.73%) | $963,800,000 (-10.21%) | $1,073,400,000 (0.86%) | $1,064,300,000 (23.35%) |
AVY Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$243,100,000 (47.04%) | -$459,000,000 (-37.96%) | -$332,700,000 (80.86%) | -$1,737,900,000 (-213.59%) |
Net Cash Flow from Financing | -$576,100,000 (-81.62%) | -$317,200,000 (48.44%) | -$615,200,000 (-201.80%) | $604,300,000 (390.95%) |
Net Cash Flow from Operations | $938,800,000 (13.66%) | $826,000,000 (-14.05%) | $961,000,000 (-8.20%) | $1,046,800,000 (39.33%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $114,100,000 (138.70%) | $47,800,000 (962.22%) | $4,500,000 (105.02%) | -$89,600,000 (-6300.00%) |
Net Cash Flow - Business Acquisitions and Disposals | -$3,800,000 (98.31%) | -$224,900,000 (-485.68%) | -$38,400,000 (97.39%) | -$1,470,000,000 (-319.52%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$100,000 (-105.26%) | $1,900,000 (0.00%) | $1,900,000 (-38.71%) | $3,100,000 (-44.64%) |
Capital Expenditure | -$239,200,000 (15.80%) | -$284,100,000 (4.09%) | -$296,200,000 (-9.30%) | -$271,000,000 (-29.42%) |
Issuance (Repayment) of Debt Securities | -$37,900,000 (-137.01%) | $102,400,000 (261.84%) | $28,300,000 (-97.27%) | $1,037,500,000 (817.33%) |
Issuance (Purchase) of Equity Shares | -$247,500,000 (-80.00%) | -$137,500,000 (63.77%) | -$379,500,000 (-109.78%) | -$180,900,000 (-73.44%) |
Payment of Dividends & Other Cash Distributions | -$277,500,000 (-8.10%) | -$256,700,000 (-7.45%) | -$238,900,000 (-8.30%) | -$220,600,000 (-12.09%) |
Effect of Exchange Rate Changes on Cash | -$5,500,000 (-175.00%) | -$2,000,000 (76.74%) | -$8,600,000 (-207.14%) | -$2,800,000 (-130.43%) |
Share Based Compensation | $28,700,000 (28.70%) | $22,300,000 (-52.95%) | $47,400,000 (27.42%) | $37,200,000 (55.00%) |
Depreciation Amortization & Accretion | $312,200,000 (4.62%) | $298,400,000 (2.65%) | $290,700,000 (19.09%) | $244,100,000 (18.90%) |
AVY Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 28.90% (6.25%) | 27.20% (2.26%) | 26.60% (-3.27%) | 27.50% (-0.36%) |
Profit Margin | 8.10% (35.00%) | 6.00% (-28.57%) | 8.40% (-4.55%) | 8.80% (10.00%) |
EBITDA Margin | 15.80% (18.80%) | 13.30% (-12.50%) | 15.20% (-1.94%) | 15.50% (6.90%) |
Return on Average Equity (ROAE) | 30.70% (25.82%) | 24.40% (-36.29%) | 38.30% (-9.24%) | 42.20% (-1.17%) |
Return on Average Assets (ROAA) | 8.40% (37.70%) | 6.10% (-35.11%) | 9.40% (-8.74%) | 10.30% (9.57%) |
Return on Sales (ROS) | 12.20% (25.77%) | 9.70% (-19.17%) | 12.00% (-4.76%) | 12.60% (9.57%) |
Return on Invested Capital (ROIC) | 20.10% (45.65%) | 13.80% (-29.95%) | 19.70% (-4.83%) | 20.70% (17.61%) |
Dividend Yield | 1.80% (12.50%) | 1.60% (0.00%) | 1.60% (33.33%) | 1.20% (-20.00%) |
Price to Earnings Ratio (P/E) | 21.5 (-33.76%) | 32.45 (66.37%) | 19.5 (-19.58%) | 24.25 (4.29%) |
Price to Sales Ratio (P/S) | 1.73 (-11.23%) | 1.95 (19.34%) | 1.63 (-23.47%) | 2.13 (15.03%) |
Price to Book Ratio (P/B) | 6.55 (-14.39%) | 7.65 (6.09%) | 7.21 (-22.60%) | 9.32 (6.93%) |
Debt to Equity Ratio (D/E) | 2.63 (-7.80%) | 2.86 (-1.85%) | 2.91 (-7.32%) | 3.14 (1.45%) |
Earnings Per Share (EPS) | 8.77 (40.77%) | 6.23 (-32.87%) | 9.28 (3.92%) | 8.93 (33.88%) |
Sales Per Share (SPS) | 108.9 (5.07%) | 103.65 (-6.44%) | 110.78 (9.22%) | 101.43 (21.34%) |
Free Cash Flow Per Share (FCFPS) | 8.7 (29.58%) | 6.71 (-17.58%) | 8.15 (-12.94%) | 9.36 (44.01%) |
Book Value Per Share (BVPS) | 28.76 (9.07%) | 26.37 (5.88%) | 24.9 (7.28%) | 23.21 (30.38%) |
Tangible Assets Book Value Per Share (TABVPS) | 70.56 (6.49%) | 66.26 (3.03%) | 64.31 (2.95%) | 62.47 (10.32%) |
Enterprise Value Over EBIT (EV/EBIT) | 17 (-29.17%) | 24 (50.00%) | 16 (-20.00%) | 20 (11.11%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 13.09 (-24.93%) | 17.43 (35.62%) | 12.85 (-19.96%) | 16.06 (9.47%) |
Asset Turnover | 1.05 (2.85%) | 1.02 (-9.18%) | 1.12 (-4.51%) | 1.18 (-0.09%) |
Current Ratio | 1.07 (3.76%) | 1.04 (4.23%) | 0.99 (-7.36%) | 1.07 (-14.50%) |
Dividends | $3.45 (8.49%) | $3.18 (8.53%) | $2.93 (10.15%) | $2.66 (12.71%) |
Free Cash Flow (FCF) | $699,600,000 (29.10%) | $541,900,000 (-18.49%) | $664,800,000 (-14.31%) | $775,800,000 (43.16%) |
Enterprise Value (EV) | $18,092,302,315 (-6.66%) | $19,383,903,160 (9.76%) | $17,659,991,534 (-15.59%) | $20,922,839,410 (41.39%) |
Earnings Before Tax (EBT) | $953,500,000 (37.25%) | $694,700,000 (-30.48%) | $999,300,000 (1.07%) | $988,700,000 (34.77%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $1,382,700,000 (24.33%) | $1,112,100,000 (-19.07%) | $1,374,100,000 (5.46%) | $1,303,000,000 (29.15%) |
Invested Capital | $5,633,200,000 (-0.77%) | $5,676,900,000 (5.46%) | $5,382,900,000 (-3.41%) | $5,572,800,000 (19.56%) |
Working Capital | $216,100,000 (123.94%) | $96,500,000 (642.13%) | -$17,800,000 (-109.53%) | $186,700,000 (-61.91%) |
Tangible Asset Value | $5,672,700,000 (6.09%) | $5,347,100,000 (1.89%) | $5,247,800,000 (1.33%) | $5,178,700,000 (9.66%) |
Market Capitalization | $15,146,102,315 (-6.97%) | $16,280,203,160 (11.09%) | $14,655,391,534 (-18.27%) | $17,931,039,410 (38.58%) |
Average Equity | $2,299,325,000 (11.49%) | $2,062,400,000 (4.31%) | $1,977,225,000 (12.84%) | $1,752,275,000 (34.61%) |
Average Assets | $8,352,375,000 (1.76%) | $8,207,875,000 (1.89%) | $8,056,000,000 (12.53%) | $7,158,750,000 (20.73%) |
Invested Capital Average | $5,321,975,000 (-9.47%) | $5,878,925,000 (7.05%) | $5,491,875,000 (7.43%) | $5,112,000,000 (12.13%) |
Shares | 80,346,413 (-0.23%) | 80,531,278 (-0.54%) | 80,969,014 (-2.21%) | 82,795,583 (-0.75%) |
