Buyback yield (TTM)
2.79%
Shareholder yield (TTM)
4.98%
5Y share count change
-8.0%
Buyback spend (TTM)
$371.30M
Cumulative buybacks
$5.16B
Key takeaways
- Avery Dennison (AVY) repurchased about $371.30M of stock over the trailing twelve months.
- Diluted share count is down 8.0% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 14.39× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +40.6% per year over the latest 5-year window.
- TTM repurchases used about 64% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Avery Dennison (AVY)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Avery Dennison (AVY)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Avery Dennison (AVY)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Avery Dennison (AVY)
Latest: $572.30M
Overview
In 2025, Avery Dennison (AVY) buyback spend totalled $572.30M – surged 123.6% year-over-year.
Through 2020–2025 (5 years), Avery Dennison buyback spend delivered a +40.6% annualised rate; sustaining 2 straight years of year-over-year growth.
The record annual buyback spend stands at $572.30M, reached in 2025; the historical low of $0.00 was recorded in 1990.
Avery Dennison Buyback Spend 2025: $572.30M
Avery Dennison buyback spend in 2025 was $572.30M, surged 123.6% from 2024. This figure represents the highest annual value in the available history.
Avery Dennison Buyback Spend 2024: $255.90M
2024's buyback spend for Avery Dennison came in at $255.90M, surged 86.1% from 2023.
Avery Dennison Buyback Spend 2023: $137.50M
Avery Dennison posted buyback spend of $137.50M in 2023, plunged 63.8% below 2022.
Avery Dennison Buyback Spend 2022: $379.50M
In 2022, Avery Dennison reported buyback spend of $379.50M, surged 109.8% from 2021.
Avery Dennison Buyback Spend 2021: $180.90M
Avery Dennison buyback spend in 2021 was $180.90M.
See more financial history for Avery Dennison (AVY).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $572.30M | $27.90M | $544.40M | 4.07% | 0.08B | -4.1% | |
| 2024 | $255.90M | $28.70M | $227.20M | 1.70% | 0.08B | -0.5% | |
| 2023 | $137.50M | $22.30M | $115.20M | 0.84% | 0.08B | -1.3% | |
| 2022 | $379.50M | $47.40M | $332.10M | 2.59% | 0.08B | -1.9% | |
| 2021 | $180.90M | $37.20M | $143.70M | 1.01% | 0.08B | -0.4% | |
| 2020 | $104.30M | $24.00M | $80.30M | 0.81% | 0.08B | -1.1% | |
| 2019 | $237.70M | $34.50M | $203.20M | 2.17% | 0.09B | -4.1% | |
| 2018 | $392.90M | $34.30M | $358.60M | 5.22% | 0.09B | -1.7% | |
| 2017 | $129.70M | $30.20M | $99.50M | 1.28% | 0.09B | -0.7% | |
| 2016 | $262.40M | $27.20M | $235.20M | 4.23% | 0.09B | -2.4% | |
| 2015 | $232.30M | $26.30M | $206.00M | 4.12% | 0.09B | -2.9% | |
| 2014 | $355.50M | $28.30M | $327.20M | 7.59% | 0.10B | -4.4% | |
| 2013 | $283.50M | $34.00M | $249.50M | 5.84% | 0.10B | -3.3% | |
| 2012 | $235.20M | $38.90M | $196.30M | 6.84% | 0.10B | -3.1% | |
| 2011 | $13.50M | $39.60M | −$26.10M | 0.44% | 0.11B | 0.0% | |
| 2010 | $108.70M | $35.20M | $73.50M | 2.41% | 0.11B | +3.1% | |
| 2009 | $0.00 | $25.80M | −$25.80M | — | 0.10B | +5.0% | |
| 2008 | $9.80M | $29.00M | −$19.20M | 0.32% | 0.10B | -0.2% | |
| 2007 | $63.20M | $0.00 | $63.20M | 1.20% | 0.10B | -1.5% | |
| 2006 | $157.70M | $0.00 | $157.70M | 2.37% | 0.10B | -0.1% | |
| 2005 | $41.00M | $0.00 | $41.00M | 0.74% | 0.10B | 0.0% | |
| 2004 | $700.00K | $0.00 | $700.00K | 0.01% | 0.10B | +0.5% | |
| 2003 | $300.00K | $0.00 | $300.00K | 0.01% | 0.10B | +0.6% | |
| 2002 | $10.40M | $0.00 | $10.40M | 0.18% | 0.10B | +0.8% | |
| 2001 | $17.90M | $0.00 | $17.90M | 0.33% | 0.10B | -1.2% | |
| 2000 | $134.40M | $0.00 | $134.40M | — | 0.10B | -1.5% | |
| 1999 | $121.90M | $0.00 | $121.90M | — | 0.10B | -2.7% | |
| 1998 | $192.60M | $0.00 | $192.60M | — | 0.10B | -1.9% | |
| 1997 | $99.30M | $0.00 | $99.30M | — | 0.11B | -1.7% | |
| 1996 | $109.30M | $0.00 | $109.30M | — | 0.11B | — | |
| 1995 | $35.10M | $0.00 | $35.10M | — | — | — | |
| 1994 | $105.70M | $0.00 | $105.70M | — | — | — | |
| 1993 | $82.90M | $0.00 | $82.90M | — | — | — | |
| 1992 | $74.00M | $0.00 | $74.00M | — | — | — | |
| 1991 | $20.80M | $0.00 | $20.80M | — | — | — | |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$572.30M
- 2024$255.90M
- 2023$137.50M
- 2022$379.50M
- 2021$180.90M
- 2020$104.30M
- 2019$237.70M
- 2018$392.90M
- 2017$129.70M
- 2016$262.40M
- 2015$232.30M
- 2014$355.50M
- 2013$283.50M
- 2012$235.20M
- 2011$13.50M
- 2010$108.70M
- 2009$0.00
- 2008$9.80M
- 2007$63.20M
- 2006$157.70M
- 2005$41.00M
- 2004$700.00K
- 2003$300.00K
- 2002$10.40M
- 2001$17.90M
- 2000$134.40M
- 1999$121.90M
- 1998$192.60M
- 1997$99.30M
- 1996$109.30M
- 1995$35.10M
- 1994$105.70M
- 1993$82.90M
- 1992$74.00M
- 1991$20.80M
- 1990$0.00
Buybacks vs stock-based compensation for Avery Dennison (AVY)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 14.39×.
Buybacks vs dividends (share of cash returned) for Avery Dennison (AVY)
How Avery Dennison splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Avery Dennison, ranked by their latest buyback spend.
| $6.44B | |
| $2.52B | |
| $2.06B | |
| $1.10B | |
| $211.00M | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $6.44B
- $2.52B
- $2.06B
- $1.10B
- $211.00M
- $0.00
- $0.00
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $581.60M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation