Ticker League

TTM

9.7%

YoY change

−0.29pp

Trough year (1990)

-2.3%

Peak year (2021)

9.2%

FCF Margin history chart for Avery Dennison (AVY) from 1990 to 2025

Latest: 8.0%

FCF Margin change chart for Avery Dennison (AVY) from 1990 to 2025

Latest: −0.29pp

FCF Margin history table for Avery Dennison (AVY) from 1990 to 2025

  • 20258.0%-0.29pp
  • 20248.3%+1.87pp
  • 20236.5%-0.86pp
  • 20227.3%-1.88pp
  • 20219.2%+1.57pp
  • 20207.6%+0.72pp
  • 20196.9%+4.11pp
  • 20182.8%-3.60pp
  • 20176.4%+0.19pp
  • 20166.2%+0.82pp
  • 20155.4%+2.25pp
  • 20143.1%+0.89pp
  • 20132.3%-3.69pp
  • 20126.0%+1.11pp
  • 20114.8%-1.70pp
  • 20106.5%-1.29pp
  • 20097.8%+2.64pp
  • 20085.2%+1.31pp
  • 20073.9%-1.78pp
  • 20065.7%+1.03pp
  • 20054.6%-1.73pp
  • 20046.4%+3.55pp
  • 20032.8%-6.02pp
  • 20028.8%+2.51pp
  • 20016.3%+0.88pp
  • 20005.4%+3.27pp
  • 19992.2%-4.54pp
  • 19986.7%+1.00pp
  • 19975.7%+2.10pp
  • 19963.6%+3.69pp
  • 1995-0.1%-3.64pp
  • 19943.6%-1.75pp
  • 19935.3%+2.26pp
  • 19923.1%-1.19pp
  • 19914.2%+6.53pp
  • 1990-2.3%

FCF Margin values are taken from Avery Dennison's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About FCF Margin at Avery Dennison (AVY)

According to Avery Dennison's latest reported financial statements, the company's latest reported free cash flow margin is 9.7%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

In 2025, Avery Dennison (AVY) free cash flow margin totalled 8.04% – contracted 0.3 percentage points year-over-year.

9.21% stands as the all-time-high annual free cash flow margin, posted in 2021, against a low of -2.29% during 1990.

Avery Dennison FCF Margin by Year

Avery Dennison FCF Margin 2025: 8.0%

Avery Dennison posted free cash flow margin of 8.04% in 2025, contracted 0.3 percentage points from 2024.

Avery Dennison FCF Margin 2024: 8.3%

In 2024, Avery Dennison reported free cash flow margin of 8.34%, expanded 1.9 percentage points from 2023.

Avery Dennison FCF Margin 2023: 6.5%

Avery Dennison free cash flow margin in 2023 was 6.47%, contracted 0.9 percentage points from 2022.

Avery Dennison FCF Margin 2022: 7.3%

2022's free cash flow margin for Avery Dennison came in at 7.33%, contracted 1.9 percentage points from 2021.

Avery Dennison FCF Margin 2021: 9.2%

Avery Dennison free cash flow margin in 2021 was 9.21%.

See more financial history for Avery Dennison (AVY).

Sector peers by FCF Margin

Consumer Cyclical peers of Avery Dennison (AVY), ranked by their latest free cash flow margin

Frequently asked questions