Last 48 quarters of trend data · Industrials · Business Equipment & Supplies
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Avery Dennison Corporation's quarterly P/E stands at 19.8x, down 5.8% year-over-year. EV/EBITDA has expanded 17.8% YoY to 15.2x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 18.07 | 19.80 | 21.15 | 18.87 | 18.22 | 21.03 | 21.82 | 24.70 | 25.07 | 26.20 | 28.55 | 26.71 | 34.64 |
| — | -5.8% | -3.1% | -23.6% | -27.3% | -19.8% | -23.6% | -7.5% | -27.6% | -12.7% | -4.7% | +77.3% | +119.9% | |
| P/S Ratio | 1.38 | 1.45 | 1.55 | 1.42 | 1.55 | 1.62 | 1.73 | 2.06 | 1.98 | 2.10 | 1.94 | 1.76 | 1.66 |
| — | -11.0% | -10.6% | -31.0% | -21.8% | -22.7% | -10.6% | +16.7% | +19.0% | +19.0% | +6.4% | +22.6% | +15.7% | |
| P/B Ratio | 5.48 | 5.78 | 6.28 | 5.69 | 6.25 | 6.43 | 6.55 | 7.50 | 7.74 | 8.20 | 7.70 | 7.17 | 6.91 |
| — | -10.1% | -4.2% | -24.1% | -19.3% | -21.6% | -14.8% | +4.7% | +12.1% | +14.9% | +5.9% | +8.0% | -0.9% | |
| P/FCF | 17.13 | 30.72 | 11.36 | 11.39 | 19.23 | — | 13.45 | 20.61 | 30.71 | 70.53 | 19.03 | 14.16 | 26.26 |
| — | — | -15.5% | -44.7% | -37.4% | — | -29.3% | +45.5% | +16.9% | — | +26.0% | -40.3% | +60.9% | |
| EV / EBITDA | 11.69 | 15.25 | 17.97 | 10.84 | 11.62 | 12.95 | 12.55 | 14.61 | 14.10 | 15.35 | 14.35 | 13.63 | 14.01 |
| — | +17.8% | +43.1% | -25.8% | -17.6% | -15.6% | -12.5% | +7.2% | +0.7% | -3.3% | -15.3% | +20.3% | +29.9% | |
| EV / EBIT | 14.25 | 15.25 | 17.97 | 14.76 | 14.75 | 16.69 | 16.61 | 19.41 | 19.36 | 20.09 | 20.97 | 20.76 | 25.05 |
| — | -8.7% | +8.2% | -24.0% | -23.8% | -16.9% | -20.8% | -6.5% | -22.7% | -12.0% | -9.2% | +49.3% | +86.7% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Avery Dennison Corporation's operating margin was 11.8% in Q1 2026, down 0.6 pp QoQ and down 0.0 pp YoY. This marks the 4th consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 28.8% | 28.9% | 28.7% | 28.7% | 28.8% | 28.9% | 27.9% | 28.7% | 29.6% | 29.4% | 28.2% | 27.9% | 26.5% |
| — | -0.0% | +2.8% | -0.1% | -2.9% | -1.6% | -1.3% | +2.8% | +12.0% | +11.9% | +14.4% | +4.5% | -3.4% | |
| Operating Margin | 12.5% | 11.8% | 12.4% | 12.7% | 12.9% | 11.9% | 12.8% | 12.8% | 12.9% | 12.4% | 12.4% | 12.1% | 11.2% |
| — | -0.2% | -3.2% | -1.0% | -0.1% | -4.5% | +3.5% | +6.2% | +15.5% | +23.3% | +33.4% | -3.1% | -15.5% | |
| Net Margin | 7.8% | 7.3% | 7.3% | 7.5% | 8.5% | 7.7% | 8.0% | 8.3% | 7.9% | 8.0% | 6.8% | 6.6% | 4.8% |
| — | -5.5% | -8.0% | -9.8% | +7.6% | -3.4% | +17.4% | +26.3% | +64.7% | +36.5% | +11.8% | -31.1% | -47.5% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 30.2% | 7.4% | 7.5% | 7.5% | 8.6% | 7.4% | 7.4% | 7.8% | 7.9% | 8.0% | 6.8% | 6.8% | 4.9% |
| — | -0.2% | +1.1% | -2.9% | +9.8% | -6.8% | +8.3% | +14.5% | +59.1% | +33.8% | +12.2% | -39.6% | -55.4% | |
| ROA | 8.0% | 1.9% | 1.9% | 1.9% | 2.2% | 2.0% | 2.1% | 2.2% | 2.1% | 2.1% | 1.8% | 1.7% | 1.2% |
| — | -4.7% | -8.8% | -12.1% | +4.6% | -5.2% | +17.9% | +28.6% | +75.4% | +39.7% | +13.9% | -38.6% | -53.9% | |
| ROIC | 15.2% | 3.5% | 3.8% | 3.8% | 3.9% | 3.6% | 4.0% | 3.9% | 4.1% | 3.8% | 3.8% | 3.6% | 3.3% |
| — | -2.8% | -6.2% | -2.8% | -4.5% | -6.0% | +5.7% | +9.2% | +24.0% | +26.0% | +34.3% | -16.3% | -28.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Avery Dennison Corporation's Debt/EBITDA ratio is 13.7x, down from 15.2x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 12.0% YoY to 1.15x, strengthening the short-term liquidity position. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.66 | 1.65 | 1.66 | 1.71 | 1.61 | 1.59 | 1.36 | 1.32 | 1.41 | 1.47 | 1.52 | 1.61 | 1.76 |
| — | +3.4% | +22.1% | +29.6% | +14.6% | +8.4% | -10.6% | -17.8% | -20.0% | -15.6% | -0.1% | +2.9% | +5.4% | |
| Debt / EBITDA | 2.77 | 13.73 | 15.24 | 10.36 | 9.66 | 10.40 | 8.80 | 8.83 | 8.76 | 9.41 | 9.60 | 10.09 | 11.52 |
| — | +32.0% | +73.1% | +17.3% | +10.3% | +10.5% | -8.3% | -12.5% | -23.9% | -25.9% | -19.1% | +16.1% | +36.9% | |
| Current Ratio | 1.13 | 1.15 | 1.13 | 1.26 | 1.04 | 1.03 | 1.08 | 0.92 | 0.90 | 0.87 | 1.04 | 1.03 | 1.09 |
| — | +12.0% | +4.8% | +37.3% | +15.6% | +17.6% | +3.8% | -10.2% | -17.7% | -22.8% | +4.2% | +1.8% | +11.2% | |
| Quick Ratio | 0.76 | 0.80 | 0.76 | 0.89 | 0.70 | 0.68 | 0.73 | 0.62 | 0.60 | 0.58 | 0.69 | 0.68 | 0.71 |
| — | +16.8% | +3.5% | +44.2% | +16.9% | +17.8% | +5.6% | -9.6% | -15.5% | -21.1% | +9.8% | +3.3% | +9.3% | |
| Interest Coverage | 7.83 | 7.75 | 6.59 | 8.05 | 8.51 | 8.35 | 9.27 | 8.98 | 9.16 | 9.20 | 7.79 | 6.95 | 5.39 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
Deep dive into AVY consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying AVY stock.
Avery Dennison Corporation's current P/E is 18.1x. The average P/E over the last 4 quarters is 19.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Avery Dennison Corporation's current operating margin is 12.5%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Avery Dennison Corporation's business trajectory between earnings reports.