Operating Income for Avery Dennison (AVY)
According to Avery Dennison's latest reported financial statements, the company's current operating income (TTM) is $1.12B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$1.12B
YoY change
-2.1%
5Y CAGR
+4.8%
Peak year (2024)
$1.13B
Cumulative operating income
$19.46B
Operating Income history chart for Avery Dennison (AVY) from 1985 to 2025
Operating Income history table for Avery Dennison (AVY) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.10B | -2.1% | ||
| 2024 | $1.13B | +18.1% | ||
| 2023 | $954.90M | -10.9% | ||
| 2022 | $1.07B | +3.1% | ||
| 2021 | $1.04B | +18.8% | ||
| 2020 | $875.00M | +6.7% | ||
| 2019 | $819.80M | +1.3% | ||
| 2018 | $809.10M | +7.8% | ||
| 2017 | $750.70M | +25.3% | ||
| 2016 | $599.00M | +13.2% | ||
| 2015 | $529.30M | -2.3% | ||
| 2014 | $541.90M | +9.9% | ||
| 2013 | $492.90M | +28.0% | ||
| 2012 | $385.20M | +5.5% | ||
| 2011 | $365.00M | +19.0% | ||
| 2010 | $306.70M | -2.2% | ||
| 2009 | $313.50M | -29.8% | ||
| 2008 | $446.80M | -23.0% | ||
| 2007 | $579.90M | +12.1% | ||
| 2006 | $517.30M | +5.9% | ||
| 2005 | $488.30M | +4.1% | ||
| 2004 | $469.20M | +10.9% | ||
| 2003 | $423.10M | -4.0% | ||
| 2002 | $440.60M | +7.5% | ||
| 2001 | $409.70M | -14.8% | ||
| 2000 | $480.90M | +9.6% | ||
| 1999 | $438.80M | +18.2% | ||
| 1998 | $371.30M | +8.3% | ||
| 1997 | $342.90M | +12.1% | ||
| 1996 | $305.90M | +14.4% | ||
| 1995 | $267.50M | +23.9% | ||
| 1994 | $215.90M | +23.1% | ||
| 1993 | $175.40M | +1.7% | ||
| 1992 | $172.50M | +21.2% | ||
| 1991 | $142.30M | +155.9% | ||
| 1990 | $55.60M | -65.6% | ||
| 1989 | $161.60M | +6.5% | ||
| 1988 | $151.70M | +21.7% | ||
| 1987 | $124.70M | +23.0% | ||
| 1986 | $101.40M | +9.1% | ||
| 1985 | $92.90M | — |
Operating Income values are taken from Avery Dennison's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual operating income for Avery Dennison (AVY) came in at $1.10B – edged down 2.1% year-over-year.
Avery Dennison operating income has recorded the values shown across consecutive periods, with a +4.8% compound annual growth rate over 2020–2025 (5 years).
Between 2024 and 2025, Avery Dennison operating income edged down 2.1%, falling from $1.13B to $1.10B.
The dataset's maximum operating income sits at $1.13B (2024); the minimum reading of $55.60M dates to 1990.
Avery Dennison (AVY) sits 8th of 8 Industrials peers we track on this metric, against a peer median of $8.59B.
Avery Dennison Operating Income by Year
Avery Dennison Operating Income 2025: $1.10B
Avery Dennison operating income in 2025 was $1.10B, edged down 2.1% below 2024.
Avery Dennison Operating Income 2024: $1.13B
Avery Dennison operating income in 2024 was $1.13B, grew 18.1% from 2023. This figure represents the highest annual value in the available history.
Avery Dennison Operating Income 2023: $954.90M
Avery Dennison operating income in 2023 was $954.90M, declined 10.9% below 2022.
Avery Dennison Operating Income 2022: $1.07B
Avery Dennison operating income in 2022 was $1.07B, edged up 3.1% from 2021.
Avery Dennison Operating Income 2021: $1.04B
Avery Dennison operating income in 2021 was $1.04B.
See more financial history for Avery Dennison (AVY).
Sector peers — Operating Income
Companies in the same sector as Avery Dennison, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $11.21B | Industrials |
| Union Pacific Corporation (UNP) | $9.84B | Industrials |
| RTX Corporation (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Deere & Company (DE) | $8.42B | Industrials |
| Honeywell International Inc. (HON) | $6.57B | Industrials |
| Eaton Corporation plc (ETN) | $5.23B | Industrials |
| The Boeing Company (BA) | -$5.42B | Industrials |
Frequently asked questions
What is Avery Dennison's operating income?
- Latest reported operating income for Avery Dennison (AVY) is $1.12B (period ending March 31, 2026).
How has Avery Dennison operating income changed year-over-year?
- Avery Dennison (AVY) operating income changed -2.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Avery Dennison operating income?
- Avery Dennison (AVY) operating income compound annual growth rate is +4.8% over the most recent 5 years available.
When did Avery Dennison operating income hit its highest annual value?
- Avery Dennison operating income reached its highest annual value of $1.13B in 2024.
What was Avery Dennison operating income in 2024?
- Avery Dennison (AVY) operating income in 2024 was $1.13B.
What was Avery Dennison operating income in 2025?
- Avery Dennison (AVY) operating income in 2025 was $1.10B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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