Avery Dennison (AVY) Gross Margin (2009 - 2026)
Avery Dennison (AVY) posted quarterly Gross Margin of 28.92% for Q1 2026, down 1.0% year-over-year from 29.22% in Q1 2025, and up 0.95% quarter-over-quarter from 28.65% in Q4 2025.
Avery Dennison (AVY) Gross Margin (2009 - 2026) Analysis & Trends
Avery Dennison (AVY) has reported Gross Margin for 18 consecutive years, with 28.92% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 1.0% year-over-year to 28.92%; the TTM figure through Mar 2026 stood at 28.76% (down 4.0% YoY), while the FY2025 annual figure was 28.75%, down 15.0% from the prior year.
- Gross Margin grew to 28.92% in Q1 2026 per AVY's latest filing, from 28.65% in the prior quarter.
- Across five years, Gross Margin topped out at 29.65% in Q2 2024 and bottomed at 24.69% in Q4 2022.
- Historically, Gross Margin has averaged 27.92% across 5 years, with a median of 28.24% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin plunged 181 bps — and 2023, when it jumped 355 bps.
- Avery Dennison's Gross Margin stood at 24.69% in 2022, then grew by 14 bps to 28.24% in 2023, then fell by 1 bps to 27.87% in 2024, then rose by 3 bps to 28.65% in 2025, then advanced by 1 bps to 28.92% in 2026.
- Business Quant data shows AVY's Gross Margin at 28.92% in Q1 2026, 28.65% in Q4 2025, and 28.66% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.18 Bn | 24.51 Bn | 1.40 Bn | 17.42% |
| 2 | Amcor | 22.16 Bn | 21.04 Bn | 1.34 Bn | 20.90% |
| 3 | Packaging Corp Of America | 22.12 Bn | 21.53 Bn | 512.50 Mn | 20.58% |
| 4 | International Paper | 21.39 Bn | 20.66 Bn | 1.66 Bn | 27.65% |
| 5 | Ball | 16.67 Bn | 16.00 Bn | 697.00 Mn | 17.44% |
| 6 | Avery Dennison | 13.95 Bn | 13.72 Bn | 729.40 Mn | 29.62% |
| 7 | Crown Holdings | 12.81 Bn | 12.16 Bn | 748.00 Mn | 20.39% |
| 8 | Sonoco Products | 5.80 Bn | 5.63 Bn | 392.38 Mn | 20.81% |
| 9 | Reynolds Consumer Products | 5.37 Bn | 5.31 Bn | 245.00 Mn | 25.95% |
| 10 | Silgan Holdings | 4.34 Bn | 3.99 Bn | 294.88 Mn | 17.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.62% |
| Mar 31, 2026 | 28.92% |
| Dec 31, 2025 | 28.65% |
| Sep 27, 2025 | 28.66% |
| Jun 28, 2025 | 28.78% |
| Mar 29, 2025 | 28.93% |
| Dec 28, 2024 | 27.87% |
| Sep 28, 2024 | 28.70% |
| Jun 29, 2024 | 29.65% |
| Mar 30, 2024 | 29.39% |
| Dec 30, 2023 | 28.24% |
| Sep 30, 2023 | 27.92% |
| Jul 1, 2023 | 26.47% |
| Apr 1, 2023 | 26.26% |
| Dec 31, 2022 | 24.69% |
| Oct 1, 2022 | 26.72% |
| Jul 2, 2022 | 27.42% |
| Apr 2, 2022 | 27.30% |
| Oct 2, 2021 | 26.76% |
| Jul 3, 2021 | 27.42% |