Zacks Investment Research·Oct 26, 2026
Avery Dennison Gears Up to Report Q3 Earnings: What to Expect?AVY expects y/y revenue growth in Q3 from Materials Group, but softer auto demand, inventory destocking and rising costs may weigh on earnings.
Avery Dennison's revenue has hovered between $2.1 and $2.5 billion with year-over-year growth of only about 1.1%, suggesting the core label franchise is maturing and offers limited top-line momentum.
Price trend, volume and key moving averages
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Revenue has stayed near $2.3 billion per quarter with a 1.1% growth rate and gross margin stable around 28-30%, though the latest $2.24 EPS missed consensus and operating income has been roughly flat near $270 to $315 million, limiting evidence of operating leverage.
Avery Dennison reported solid first-quarter 2026 results with sales of US$2,298.5 million and net income of US$168.1 million, alongside positive earnings guidance for the second quarter.
The company's innovation capabilities and robust cash flow generation continue to support its growth and stock price appreciation.
Avery Dennison has demonstrated operational efficiency, contributing to its consistent dividend increases and growth in high-value categories.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 29, 2026 | $2.42+4.3% vs $2.32 | $2.3B+3.0% vs $2.3B |
Q3 2026 Jul 30, 2026 | $2.89+17.0% vs $2.47 | $2.5B+7.3% vs $2.3B |
Q2 2026 Apr 28, 2026 | $2.47+1.6% vs $2.43 | $2.3B+1.7% vs $2.3B |
Q1 2026 Feb 4, 2026 | $2.45+2.1% vs $2.40 | $2.3B-0.5% vs $2.3B |
AVY expects y/y revenue growth in Q3 from Materials Group, but softer auto demand, inventory destocking and rising costs may weigh on earnings.
This marks the first peak week of Q3 earnings season, with 1,885 companies expected to report and overall S&P 500 EPS growth holding at a robust 29.5%. Meta's AI capex-driven selloff set a new bar for hyperscalers — investors are no longer giving tech giants a blank check for AI infrastructure spend as Microsoft, Alphabet, and Amazon report this week, with Apple following next Monday. Seven S&P 500 companies confirmed outlier earnings dates this week, with Baker Hughes, Freeport-McMoRan, Avery Dennison, and General Dynamics reporting later than their historical norm.
MENTOR, Ohio--(BUSINESS WIRE)-- #AVY--AVERY DENNISON DECLARES QUARTERLY DIVIDEND.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Avery Dennison (AVY) have what it takes?
Benchmark AVY against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Avery Dennison Corporation (AVY)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $186.78 | $14.29B | 21.27 | 1.14% | 7.77% | 30.21% | 1.99% | |
| $121.30 | $13.55B | 19.01 | 4.78% | 5.77% | 23.15% | 0.85% | |
| $42.15 | $6.21B | 12.29 | -0.61% | 9.43% | 48.39% | 1.92% | |
| $50.43 | $4.99B | 12.67 | 41.72% | -2.82% | -6.11% | 4.14% | |
| $41.09 | $4.34B | 15.22 | 10.73% | 3.9% | 11.09% | 1.96% | |
| $11.19 | $3.31B | 7.56 | -2.16% | 0.86% | 2.27% | 3.85% |
Avery Dennison Corporation (AVY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Avery Dennison Corporation (AVY) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 29, 2026·SEC
Oct 13, 2026·SEC
Oct 5, 2026·SEC
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Avery Dennison Corporation (AVY) stock FAQ — growth, dividends, profitability & financials explained
Avery Dennison Corporation (AVY) reported $9.36B in revenue over the trailing twelve months. Revenue was $8.86B in fiscal year 2025. That is 175% more than the $3.22B of fiscal year 1996.
Avery Dennison Corporation (AVY) grew revenue by 1.1% in fiscal year 2025, compared with the prior fiscal year.
Yes. Avery Dennison Corporation (AVY) earned $708.3M in net income over the trailing twelve months (a 7.6% net margin).
Yes. Avery Dennison Corporation (AVY) pays a dividend that yields 1.99% at the current price, a moderate yield.
Avery Dennison Corporation (AVY) had a return on equity (ROE) of 30.2% in fiscal year 2025. That is well above the market's typical 10-15%.
Avery Dennison Corporation (AVY) generated $1.03B in free cash flow over the trailing twelve months.
