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Avery Dennison Corporation

AVY

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/28/2024

Revenue
8,756
Cost of Revenue
6,228
Gross Profit
2,528
Gross Margin
28.9%
Operating Income
1,127
Operating Margin
12.9%
Net Income
705
Net Margin
8.1%
EPS (Basic)
$8.73
EPS (Diluted)
$8.73
EBITDA
1,383
EBITDA Margin
15.8%

2023

12/30/2023

Revenue
8,364
Cost of Revenue
6,090
Gross Profit
2,274
Gross Margin
27.2%
Operating Income
955
Operating Margin
11.4%
Net Income
503
Net Margin
6.0%
EPS (Basic)
$6.23
EPS (Diluted)
$6.20
EBITDA
1,112
EBITDA Margin
13.3%

2022

12/31/2022

Revenue
9,039
Cost of Revenue
6,641
Gross Profit
2,399
Gross Margin
26.5%
Operating Income
1,072
Operating Margin
11.9%
Net Income
757
Net Margin
8.4%
EPS (Basic)
$9.28
EPS (Diluted)
$9.21
EBITDA
1,374
EBITDA Margin
15.2%

2022

1/1/2022

Revenue
8,408
Cost of Revenue
6,099
Gross Profit
2,309
Gross Margin
27.5%
Operating Income
1,040
Operating Margin
12.4%
Net Income
740
Net Margin
8.8%
EPS (Basic)
$8.93
EPS (Diluted)
$8.83
EBITDA
1,307
EBITDA Margin
15.5%

2021

1/2/2021

Revenue
6,972
Cost of Revenue
5,050
Gross Profit
1,921
Gross Margin
27.6%
Operating Income
875
Operating Margin
12.6%
Net Income
556
Net Margin
8.0%
EPS (Basic)
$6.67
EPS (Diluted)
$6.61
EBITDA
1,013
EBITDA Margin
14.5%