undamentalytics Newsletter
Sign in

Avery Dennison cash flow statement

In fiscal 2025, Avery Dennison's operations generated $881m of cash; it spent $169m on capital projects, leaving free cash flow of $712m. It returned $288m in dividends and $572m through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Jan 20102010Jan 20112011Dec 20112012Dec 20122013Dec 20132014Jan 20152015Jan 20162016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Jan 20212021Jan 20222022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash from operations5694874235133203554745826464587477511,0479618269398811,234
Depreciation and amortisation188173220211204202188180179181179205244291298312328343
Stock-based pay263540393428262730343524374722292825
Capital spending708411099129148136177191227219201255278265209169171
Free cash flow4994033134141902073384054552315275507926835617307121,063
Free cash flow after stock pay4743682743751561793123784251974935267556365387016851,038
Dividends paid13589107110112125133143156175190197221239257278288294
Share buybacks—10914235284356232262130393238104181380138248572411

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

Compare with peers

Head to head: AVY vs PKGAVY vs GPKAVY vs SON

More: Paper & Plastic Packaging Products & Materials stocks compared, Materials sector, rankings of US companies

Figures from Avery Dennison's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Avery Dennison.