Company Description
Avery Dennison Corporation (NYSE: AVY) is described in its public disclosures as a global materials science and digital identification solutions company. The business focuses on products and solutions that support branding and information needs, help optimize labor and supply chain efficiency, reduce waste, and advance goals related to sustainability, circularity and transparency. Its shares of common stock trade on the New York Stock Exchange under the symbol AVY, and the company also has senior notes listed on the Nasdaq Stock Market.
Business focus and core offerings
Avery Dennison states that it designs and develops labeling and functional materials, radio-frequency identification (RFID) inlays and tags, software applications that connect the physical and digital, and other offerings that enhance branded packaging and carry or display information that improves the customer experience. These capabilities position the company in areas such as branding, information management and item-level identification, where accurate data and reliable materials are important for customers.
According to company descriptions repeated across its news releases, Avery Dennison’s solutions are intended to help advance the industries it serves by improving how information is applied to and travels with products. Its RFID inlays and tags, along with related software, give physical items a digital identity, enabling more precise tracking and data capture. Labeling and functional materials support branding, regulatory information, and performance requirements in a range of end markets.
Industry classification and segments
For industry classification purposes, Avery Dennison is associated with paper bag and coated and treated paper manufacturing within the broader manufacturing sector. In its financial reporting, the company discusses two main operating segments: a Materials Group and a Solutions Group. The Materials Group is referenced in earnings materials as a segment that includes high-value categories such as Intelligent Labels, as well as base categories and areas like Graphics and Reflectives, Performance Tapes and Medical. The Solutions Group includes high-value categories, Intelligent Labels, and apparel-related categories, along with businesses such as Vestcom and Embelex.
These segments reflect different ways the company applies its materials science and identification capabilities. Materials Group focuses on materials and adhesives platforms, while Solutions Group focuses on solutions that are closer to the point of use, including intelligent labeling and information display for retail and other environments. Segment disclosures in earnings releases highlight that both groups contribute to overall net sales and profitability.
End markets and global footprint
Avery Dennison reports that it serves industries worldwide, listing end markets that include home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals and automotive. The company notes that it employs approximately 35,000 employees in more than 50 countries, underscoring a broad international presence. In its own description, it also notes that reported sales in 2024 were $8.8 billion, indicating a large scale of operations.
Company materials emphasize that Avery Dennison draws a significant amount of revenue from outside the United States, with international operations accounting for a majority of total sales. This global orientation means that the business is exposed to economic, currency, regulatory and geopolitical conditions in multiple regions, as reflected in the risk factor discussions referenced in its SEC filings.
Digital identification and RFID
A central theme in Avery Dennison’s public communications is its focus on digital identification. The company highlights its development of RFID inlays and tags and software applications that connect physical items to digital systems. In collaboration announcements, such as its work with Walmart, Avery Dennison describes RFID-enabled labels and sensor technologies that give items a digital identity and allow associates to understand product freshness and inventory status more quickly.
These digital identification capabilities are presented as supporting more accurate inventory management, faster tracking, and better decision-making about stocking and markdowns. The company also refers to its Intelligent Labels categories within both Materials Group and Solutions Group, indicating that RFID and related technologies are integrated across its portfolio rather than confined to a single product line.
Adhesives, coatings and materials science
Avery Dennison describes itself as a materials science company and, in acquisition-related disclosures, highlights its interest in specialty adhesives and coatings. For example, it has announced a definitive agreement to acquire the U.S.-based flooring adhesives business of Meridian Adhesives Group, which is described as a leader in the development, manufacture and commercialization of specialty adhesives and coatings for the U.S. flooring industry. Upon completion, that business is expected to become part of the Materials Group, expanding Avery Dennison’s adhesives portfolio in high-value categories.
Through this and similar initiatives, the company indicates that it is focused on expanding in high-value product lines and application-oriented solutions that align with its materials science capabilities and acrylic adhesive expertise. These activities are presented as consistent with its broader growth strategy.
Financial reporting and capital structure
Avery Dennison provides regular financial updates through quarterly earnings releases and related Form 8-K filings. These materials include segment net sales, operating margins, adjusted EBITDA margins and other non-GAAP measures for its Materials Group and Solutions Group. The company also discusses its capital allocation approach, including share repurchases, dividends and acquisitions.
In addition to common stock, Avery Dennison has issued senior notes that trade on the Nasdaq Stock Market, including 3.75% Senior Notes due 2034 and 4.000% Senior Notes due 2035. An 8-K filing describes the issuance of €500 million of 4.000% senior notes due 2035, noting that the net proceeds are intended for general corporate purposes, including financing acquisitions and repaying indebtedness under the commercial paper program. The notes are unsecured and unsubordinated obligations of the company and rank equally with its other unsecured and unsubordinated indebtedness.
Risk considerations and regulatory disclosures
In its SEC filings, Avery Dennison outlines a range of risk factors that it believes could affect its financial performance. These include global economic conditions, tariffs, geopolitical uncertainty, changes in environmental standards and regulations, competitors’ actions, the cost and availability of raw materials and energy, foreign currency fluctuations, and the execution and integration of acquisitions. The company also references risks related to information technology systems, cybersecurity events, tax law changes, human capital, indebtedness, legal and regulatory matters, and other financial considerations such as pension costs and goodwill impairment.
These risk discussions are presented in sections such as “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in its annual report on Form 10-K and subsequent Forms 10-Q. Forward-looking statements in earnings releases and 8-K filings are expressly qualified by these risk factor disclosures.
Dividends, governance and investor communications
Avery Dennison’s Board of Directors has declared recurring quarterly cash dividends, as reflected in multiple news releases that specify dividend amounts and payment dates. The company also reports changes in its Board and executive roles through Form 8-K filings, such as the appointment of new directors and changes in leadership positions within its segments and technology-focused units.
The company regularly announces investor events, such as participation in industry conferences and earnings conference calls, and provides webcasts and replays through its investor relations site. These communications are accompanied by press releases and supplemental presentation materials that offer additional context on financial performance and strategic priorities.
Position within manufacturing and identification markets
Based on its own descriptions, Avery Dennison occupies a position at the intersection of manufacturing, materials science and digital identification. Its activities in labeling and functional materials, RFID inlays and tags, software applications, and specialty adhesives and coatings connect it to a variety of end markets where product information, branding and traceability are important. The company’s emphasis on sustainability, circularity, transparency and waste reduction appears consistently across its public statements.
Investors evaluating AVY stock can review the company’s earnings releases, segment disclosures, risk factor discussions and capital structure information in its SEC filings and investor presentations to understand how its materials science and digital identification businesses perform over time and how they are affected by the factors the company identifies as significant to its results.
Stock Performance
Avery Dennison (AVY) stock last traded at $171.43. Over the past 12 months, the stock has lost 5.0%, ranking #1,357 in 52-week price change. At a market capitalization of $13.2B, AVY is classified as a large-cap stock with approximately 76.9M shares outstanding.
Latest News
Avery Dennison has 10 recent news articles, with the latest published 3 days ago. Of the recent coverage, 7 articles coincided with positive price movement and 3 with negative movement. Key topics include conferences, earnings, dividends, offering. View all AVY news →
SEC Filings
Avery Dennison has filed 5 recent SEC filings, including 1 Form 4, 1 Form 144, 1 Form SCHEDULE 13G/A, 1 Form ARS. The most recent filing was submitted on March 26, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all AVY SEC filings →
Insider Radar
Insider selling at Avery Dennison over the past 90 days can reflect routine portfolio management, scheduled trading plans (Rule 10b5-1), tax planning, or compensation-related dispositions rather than a directional view on the stock.
Financial Highlights
Avery Dennison generated $8.9B in revenue over the trailing twelve months, retaining a 28.7% gross margin, and net income was $688.0M, reflecting a 7.8% net profit margin. Diluted earnings per share stood at $8.79. The company generated $881.4M in operating cash flow. With a current ratio of 1.13, the company maintains adequate short-term liquidity.
Upcoming Events
Q1 2026 earnings release
Q1 2026 earnings call
Avery Dennison has 2 upcoming scheduled events. The next event, "Q1 2026 earnings release", is scheduled for April 28, 2026 (in 24 days). Investors can track these dates to stay informed about potential catalysts that may affect the AVY stock price.
Short Interest History
Short interest in Avery Dennison (AVY) currently stands at 1.8 million shares, down 1.5% from the previous reporting period, representing 2.4% of the float. Over the past 12 months, short interest has decreased by 16.8%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Avery Dennison (AVY) currently stands at 2.7 days, up 8.5% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has increased 50% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.8 to 4.3 days.
AVY Company Profile & Sector Positioning
Avery Dennison (AVY) operates in the Packaging & Containers industry within the broader Converted Paper & Paperboard Prods (no Contaners/boxes) sector and is listed on the NYSE. Among dividend-paying stocks, AVY ranks #998 by dividend yield. In monthly performance, the stock ranks #1,638 among all tracked companies.
Investors comparing AVY often look at related companies in the same sector, including Ball (BALL), Crown Holdings (CCK), Smurfit WestRock PLC (SW), Packaging Corp Amer (PKG), and Amcor Plc (AMCR). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate AVY's relative position within its industry.