Avery Dennison vs Graphic Packaging Holding
Avery Dennison and Graphic Packaging Holding are similar in size: $8.86bn and $8.62bn of revenue in their latest fiscal years. Avery Dennison grew faster (1.1% against -2.2%). Avery Dennison kept more of each dollar of sales as profit: a net margin of 7.8% against 5.2%. Avery Dennison carries less debt relative to equity (166.5% against 167.0%).
| Latest fiscal year | Avery DennisonAVY, 2025 | Graphic Packaging HoldingGPK, 2025 |
|---|---|---|
| Revenue | $8.86bn | $8.62bn |
| Revenue growth | 1.1% | -2.2% |
| Net income | $688m | $444m |
| Operating margin | — | 9.3% |
| Net margin | 7.8% | 5.2% |
| Return on equity | 30.2% | 14.0% |
| Free cash flow | $712m | $841m |
| Cash | $203m | $261m |
| Total debt | $3.73bn | $5.57bn |
| Debt to equity | 166.5% | 167.0% |
| Dividend per share | $3.70 | — |
| Dividend yield | 2.1% | 4.7% |
| Share buybacks | $572m | $150m |
| Employees | — | 23,000 |
| Market value | $14.17bn | $3.30bn |
| Price vs our value range | Within our value range | — |
| Moat score | 68 (Moderate) | 44 (Weak) |
| Insider trades, 12 months | 0 buys, 26 sales | 8 buys, 0 sales |