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Avery Dennison income statement

In fiscal 2025, Avery Dennison reported revenue of $8.86bn, up 1.1% on the year before and net income of $688m, or $8.79 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income 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
Revenue5,1865,7825,8455,8646,1406,3305,9676,0876,6147,1597,0706,9728,4089,0398,3648,7568,8569,248
Cost of revenue3,9304,2684,3704,3354,5024,6794,3214,3874,8025,2445,1665,0486,0966,6356,0876,2256,3096,568
Gross profit1,2561,5141,4751,5281,6381,6511,6461,7001,8121,9161,9041,9232,3132,4042,2782,5312,5462,680
Research and development79889499961039290939893113137136136138137—
Selling, general and administrative1,0881,1791,1391,1491,1741,1591,1081,0861,1051,1281,0801,0611,2491,3311,3141,4151,4231,493
Interest expense8576717361636160635976707084119117135142
Provision for credit losses—————————51120——————
Income before tax−927239213238366361409477590555250737993999695954925966
Income tax−92−3728012411413515630885−57178249242192249237261
Net income−747317190215213245274321282467304556740757503705688705
Diluted EPS−$7.21$2.97$1.78$2.08$2.13$2.56$2.95$3.54$3.13$5.28$3.57$6.61$8.83$9.21$6.20$8.73$8.79$9.13
Diluted shares (average)104m107m107m104m100m96m93m91m90m89m85m84m84m82m81m81m78m77m

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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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.