Avery Dennison vs Packaging Corporation of America
Avery Dennison and Packaging Corporation of America are similar in size: $8.86bn and $8.99bn of revenue in their latest fiscal years. Packaging Corporation of America grew faster (7.2% against 1.1%). Packaging Corporation of America kept more of each dollar of sales as profit: a net margin of 8.6% against 7.8%.
| Latest fiscal year | Avery DennisonAVY, 2025 | Packaging Corporation of AmericaPKG, 2025 |
|---|---|---|
| Revenue | $8.86bn | $8.99bn |
| Revenue growth | 1.1% | 7.2% |
| Net income | $688m | $774m |
| Operating margin | — | — |
| Net margin | 7.8% | 8.6% |
| Return on equity | 30.2% | 17.2% |
| Free cash flow | $712m | $729m |
| Cash | $203m | $529m |
| Total debt | $3.73bn | $3.99bn |
| Debt to equity | 166.5% | — |
| Dividend per share | $3.70 | — |
| Dividend yield | 2.1% | 1.9% |
| Share buybacks | $572m | $153m |
| Employees | — | 16,800 |
| Market value | $14.19bn | $23.02bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 68 (Moderate) | 64 (Moderate) |
| Insider trades, 12 months | 0 buys, 26 sales | 0 buys, 6 sales |