Avery Dennison Corporation Financial Ratios — AV3 Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	11.51	13.3	13.88	19.3	27.25	33.91	28.58	46.71	28.12	41.35	43.42	38.27	24.18	31.75	30.21
Return on Assets (%)	3.77	4.27	4.39	5.47	6.46	7.52	5.91	9.06	5.69	9.61	10.53	9.51	6.23	8.49	8
Return on Capital (%)	8.15	9.35	9.52	12.25	14.94	17.02	12.87	18.63	- -	18.06	18.37	16.15	11.22	14.61	13.79
Return on Invested Capital (%)	6.39	7.22	10.76	12.22	14.63	18.49	13.22	21.8	- -	17.86	17.82	15.68	11.15	14.63	13.85
Gross Margin (%)	25.24	26.06	26.67	26.08	27.58	27.93	27.4	26.76	26.93	27.59	27.51	26.6	27.23	28.9	28.75
EBITDA Margin (%)	9.08	9.06	10.45	9.88	11.02	12.66	12.84	12.61	13.43	14.47	15.22	14.95	13.3	15.89	15.85
Operating Margin (%)	5.75	6.47	7.55	7.78	9.01	10.09	10.69	11.01	11.65	12.38	12.66	11.87	11.52	12.74	12.69
Incremental Operating Margin (%)	1.59	233.33	30.45	15.13	- -	63.8	17.64	14.86	- -	- -	14.02	1.44	16.24	38.73	8.42
Pretax Margin (%)	3.65	4.05	5.96	5.7	6.85	7.84	8.91	7.75	3.53	10.58	11.81	11.06	8.31	10.89	10.45
Profit Margin (%)	3.25	3.67	3.47	3.87	4.6	5.27	4.26	6.53	4.29	7.97	8.8	8.38	6.01	8.05	7.77
Net Income to Common Margin (%)	3.25	3.67	3.47	3.87	4.6	5.27	4.26	6.53	4.29	7.97	8.8	8.38	6.01	8.05	7.77
Effective Tax Rate (%)	33.54	33.67	33.96	31.46	32.89	32.78	52.2	15.39	- -	24.1	25.05	24.24	27.59	26.07	25.63
Dvd Payout Ratio (%)	75.16	70.05	46.34	50.59	48.51	44.43	55.18	37.44	62.48	35.4	29.81	31.55	51.03	39.37	41.92
Sustainable Growth Rate (%)	2.86	3.98	7.45	9.54	14.03	18.85	12.81	29.22	10.55	26.71	30.48	26.19	11.84	19.25	17.55

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	1,181	1,222	1,028	1,144	1,059	1,293	1,582	1,966	1,940	2,117	3,105	3,102	3,244	3,152	3,733
ST Debt	227	520	77	204	95	579	265	195	440	65	319	599	622	592	523
LT Debt	954	702	951	940	964	713	1,316	1,772	1,499	2,052	2,786	2,504	2,622	2,560	3,210
Total Debt/EBITDA	2.23	2.3	1.6	1.83	1.61	1.68	1.86	2.18	2.04	2.1	2.43	2.3	2.92	2.27	2.66
Net Debt/EBITDA	1.89	1.86	1.05	1.5	1.37	1.42	1.6	1.92	1.78	1.85	2.3	2.17	2.72	2.03	2.52
Total Debt/EBIT	4.16	3.94	2.35	2.7	2.26	2.19	2.36	2.73	2.52	2.63	3	2.93	3.98	2.92	3.47
Net Debt/EBIT	3.53	3.18	1.55	2.21	1.92	1.86	2.02	2.4	2.19	2.32	2.84	2.77	3.72	2.62	3.28
EBITDA to Interest Expense	7.47	7.29	10.53	9.88	10.87	12.86	13.48	15.43	12.53	14.42	18.23	16.07	9.35	11.89	10.36
EBITDA-CapEx/Interest Expense	5.56	5.11	7.56	7.12	8.37	9.41	9.89	11.04	9.13	11.29	14.35	12.52	6.95	9.84	8.88
EBIT to Interest Expense	4.72	5.2	7.61	7.78	8.89	10.25	11.22	13.47	10.87	12.33	15.16	12.76	8.1	9.53	8.3
Interest Expense	71	73	61	63	61	60	63	59	76	70	70	84	119	117	135
Common Equity/Total Assets	33.35	30.97	32.36	24.05	23.36	21.05	20.37	18.45	21.94	24.41	24.14	25.56	25.92	27.51	25.47
Long-Term Debt/Equity (%)	57.53	44.42	63.7	89.73	99.78	77.08	125.82	185.49	124.53	138.2	144.77	123.19	123.22	110.71	143.17
Long-Term Debt/Capital (%)	33.6	25.05	37.73	42.89	47.59	32.16	50.09	60.64	47.7	56.98	55.4	48.76	48.81	46.85	53.72
Long-Term Debt/Total Assets (%)	19.19	13.75	20.62	21.58	23.31	16.23	25.62	34.22	27.32	33.73	34.95	31.49	31.94	30.46	36.47
Total Debt/Equity (%)	71.23	77.32	68.86	109.23	109.65	139.65	151.19	205.86	161.09	142.56	161.33	152.65	152.46	136.32	166.49
Total Debt/Capital (%)	41.6	43.61	40.78	52.21	52.3	58.27	60.19	67.31	61.7	58.77	61.73	60.42	60.39	57.69	62.48
Total Debt/Total Assets (%)	23.76	23.94	22.29	26.27	25.62	29.4	30.79	37.98	35.34	34.79	38.95	39.02	39.52	37.51	42.41
Net Debt to Equity	60.49	62.43	45.3	89.45	93.21	118.57	129.74	181.57	140.02	125.56	152.88	144.42	142.36	122.09	157.45
Net Debt/Capital (%)	37.69	38.44	31.17	47.22	48.24	54.25	56.47	64.49	58.34	55.67	60.46	59.09	58.74	54.97	61.16
EBITDA	531	531	642	626	658	770	849	903	950	1,009	1,280	1,351	1,113	1,392	1,403
EBITDA-CapEx	395	373	460	451	506	564	623	646	692	791	1,008	1,053	828	1,152	1,203
Operating Income (Loss)	336	379	464	492	538	614	707	788	824	863	1,064	1,073	964	1,115	1,124

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.11	0.11	0.23	0.13	0.11	0.1	0.11	0.12	0.11	0.13	0.06	0.06	0.08	0.11	0.08
Current Ratio	1.35	1.16	1.35	1.21	1.22	0.95	1.13	1.15	1.04	1.25	1.07	0.99	1.04	1.08	1.13
Quick Ratio	0.64	0.58	0.88	0.73	0.79	0.61	0.73	0.71	0.65	0.77	0.62	0.55	0.6	0.63	0.64
CFO/Avg Current Liab	0.24	0.28	0.18	0.23	0.31	0.34	0.32	0.23	0.35	0.36	0.47	0.36	0.3	0.34	0.32
Common Equity/Total Assets	33.35	30.97	32.36	24.05	23.36	21.05	20.37	18.45	21.94	24.41	24.14	25.56	25.92	27.51	25.47
Long-Term Debt/Equity (%)	57.53	44.42	63.7	89.73	99.78	77.08	125.82	185.49	124.53	138.2	144.77	123.19	123.22	110.71	143.17
Long-Term Debt/Capital (%)	33.6	25.05	37.73	42.89	47.59	32.16	50.09	60.64	47.7	56.98	55.4	48.76	48.81	46.85	53.72
Long-Term Debt/Total Assets (%)	19.19	13.75	20.62	21.58	23.31	16.23	25.62	34.22	27.32	33.73	34.95	31.49	31.94	30.46	36.47
Total Debt/Equity (%)	71.23	77.32	68.86	109.23	109.65	139.65	151.19	205.86	161.09	142.56	161.33	152.65	152.46	136.32	166.49
Total Debt/Capital (%)	41.6	43.61	40.78	52.21	52.3	58.27	60.19	67.31	61.7	58.77	61.73	60.42	60.39	57.69	62.48
Total Debt/Total Assets (%)	23.76	23.94	22.29	26.27	25.62	29.4	30.79	37.98	35.34	34.79	38.95	39.02	39.52	37.51	42.41
CFO/Total Liabilities	12.75	14.57	10.25	10.72	14.95	16.77	15.78	10.84	17.42	16.34	17.31	16.24	13.58	15.41	13.44
CFO/CapEx	3.12	3.24	1.76	2.03	3.13	2.82	2.86	1.78	2.9	3.44	3.85	3.22	2.9	3.91	4.4
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	6.24	6.34	6.17	6.41	6.21	6.19	6.06	6.04	5.89	5.7	6.32	6.46	6	6.08	5.96
Days Sales Outstanding	58.49	57.58	59.13	56.93	58.81	58.94	60.19	60.42	62	64.07	57.73	56.51	60.86	60.05	61.21
Inventory Turnover	8.78	9.14	9.31	9.49	8.9	8.79	8.51	8.32	7.86	7.32	7.5	6.92	6.31	6.56	6.46
Days Inventory Outstanding	41.56	39.92	39.21	38.45	40.99	41.51	42.9	43.89	46.43	49.9	48.63	52.73	57.89	55.67	56.52
Accounts Payable Turnover	5.83	5.63	5.34	5.54	5.34	5.35	5.29	5.19	4.94	4.82	5.35	5.11	4.58	4.8	4.85
Accounts Payable Turnover Days	62.65	64.89	68.34	65.84	68.31	68.28	68.98	70.36	73.9	75.72	68.22	71.46	79.61	76.05	75.3
Cash Conversion Cycle	37.39	32.61	30	29.54	31.49	32.17	34.11	33.94	34.53	38.24	38.14	37.78	39.13	39.67	42.42
Inventory to Cash Days	16.93	17.65	19.91	18.47	17.82	17.43	17.29	16.53	15.57	14.17	9.09	3.78	2.97	4.38	4.69
Inventories	475	473	494	492	479	519	610	651	663	717	907	1,010	921	978	976
Raw Materials	194	185	196	184	181	185	215	236	232	269	394	458	415	435	388
Work In Process	126	139	149	150	143	157	180	197	201	210	233	255	238	225	243
Finished Goods	155	150	149	158	155	177	215	219	230	238	281	297	267	318	346
Other Inventory	55	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	178	235	352	207	159	195	224	232	254	252	163	167	215	329	203
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	1,181	1,222	1,028	1,144	1,059	1,293	1,582	1,966	1,940	2,117	3,105	3,102	3,244	3,152	3,733
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Capital	2,840	2,803	2,520	2,192	2,025	2,218	2,628	2,921	3,144	3,602	5,029	5,134	5,372	5,465	5,975
Total Debt/Capital (%)	41.6	43.61	40.78	52.21	52.3	58.27	60.19	67.31	61.7	58.77	61.73	60.42	60.39	57.69	62.48
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	5,845	5,864	6,140	6,330	5,967	6,087	6,614	7,159	7,070	6,972	8,408	9,039	8,364	8,756	8,856
TTM EBITDA	531	531	642	626	658	770	849	903	950	1,009	1,280	1,351	1,113	1,392	1,403
TTM Operating Income	336	379	464	492	538	614	707	788	824	863	1,064	1,073	964	1,115	1,124
TTM Cash Flow to Firm	470	562	360	398	514	622	676	507	- -	804	1,099	1,025	912	1,025	982
TTM Free Cash Flow to Firm	334	403	178	223	363	416	450	251	- -	586	827	726	627	785	782

Multiples (USD)

Valuation Multiples API ChatGPT

No data availableFinancial data will appear here once available

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	106	100	96	90	90	88	88	85	83	83	83	81	80	80	77
Diluted Weighted Avg Shares	107	104	100	96	93	91	90	89	85	84	84	82	81	81	78
Basic Weighted Avg Shares	107	100	96	90	90	88	88	85	83	83	83	81	80	80	77
Revenue per Share	54.73	58.68	63.84	69.98	66.32	68.92	75.15	84.5	84.81	83.84	101.79	111.86	103.91	109.72	115.19
EBITDA per Share	4.97	5.32	6.67	6.92	7.31	8.72	9.65	10.65	11.39	12.14	15.49	16.72	13.82	17.44	18.26
Operating Income per Share	3.15	3.8	4.82	5.44	5.98	6.95	8.03	9.3	9.88	10.38	12.88	13.28	11.97	13.98	14.62
Basic EPS, GAAP	1.78	2.16	2.22	2.71	3.05	3.63	3.2	5.52	3.64	6.69	8.96	9.37	6.25	8.83	8.95
Basic EPS from Cont Ops	1.33	1.58	2.51	2.73	3.05	3.63	3.2	5.52	3.64	6.69	8.96	9.37	6.25	8.83	8.95
Diluted EPS, GAAP	1.78	2.08	2.13	2.56	2.95	3.54	3.13	5.28	3.57	6.61	8.83	9.21	6.2	8.73	8.79
Diluted EPS from Cont Ops	1.33	1.52	2.41	2.58	2.95	3.54	3.13	5.28	3.57	6.61	8.83	9.21	6.2	8.73	8.79
Dividend per Share	1	1.1	1.16	1.38	1.48	1.61	1.77	2.07	2.28	2.37	2.67	2.96	3.19	3.48	3.75
Cash Flow per Share	3.96	5.14	3.32	3.92	5.27	6.59	7.34	5.4	8.95	9.04	12.67	11.89	10.26	11.76	11.46
Free Cash Flow per Basic Share	2.69	3.55	1.44	1.99	3.58	4.25	4.77	2.38	5.87	6.41	9.38	8.2	6.72	8.76	8.86
Cash & Equivalents per Share	1.67	2.36	3.66	2.29	1.77	2.21	2.55	2.74	3.04	3.03	1.97	2.07	2.67	4.12	2.64
Book Value per Share	15.61	15.82	15.51	11.58	10.73	10.48	11.89	11.27	14.44	17.86	23.3	25.15	26.43	28.98	29.16
Tangible Book Value per Share	6.94	6.92	6.71	2.86	2.6	0.74	-1.2	-1.54	1.76	1.49	-10.51	-8.3	-9.13	-5.25	-11.16