Avery Dennison (AVY) Gross Margin (2009 - 2026)
Avery Dennison (AVY) posted quarterly Gross Margin of 28.92% for Q1 2026, down 1.0% YoY from 29.22% in Q1 2025, and up 0.95% sequentially from 28.65% in Q4 2025.
Avery Dennison (AVY) Gross Margin (2009 - 2026) Analysis & Trends
Avery Dennison has disclosed Gross Margin across 18 years of filings, most recently posting 28.92% for 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 rose to 28.92% in Q1 2026, from 28.65% in the prior quarter.
- Over the last five years, Gross Margin for AVY reached as high as 29.65% in Q2 2024 and fell as low as 24.69% in Q4 2022.
- The 5-year median for Gross Margin is 28.24% (2023), against an average of 27.92%.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 181 bps — and 2023, when it jumped 355 bps.
- A 5-year view of Gross Margin shows it stood at 24.69% in 2022, then climbed by 14 bps to 28.24% in 2023, then declined by 1 bps to 27.87% in 2024, then increased by 3 bps to 28.65% in 2025, then gained by 1 bps to 28.92% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 28.92%, 28.65%, and 28.66% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ball | 88.75 Bn | 87.87 Bn | 646.00 Mn | 17.93% |
| 2 | International Paper | 24.05 Bn | 22.75 Bn | 1.73 Bn | 28.92% |
| 3 | Avery Dennison | 12.53 Bn | 12.27 Bn | 664.80 Mn | 28.92% |
| 4 | Crown Holdings | 12.47 Bn | 12.38 Bn | 644.00 Mn | 19.76% |
| 5 | Reynolds Consumer Products | 5.71 Bn | 5.64 Bn | 207.00 Mn | 23.60% |
| 6 | Sonoco Products | 5.57 Bn | 5.37 Bn | 345.63 Mn | 20.62% |
| 7 | Silgan Holdings | 4.87 Bn | 4.43 Bn | 265.78 Mn | 17.02% |
| 8 | Graphic Packaging Holding | 3.15 Bn | 2.96 Bn | 306.00 Mn | 14.19% |
| 9 | Ardagh Metal Packaging | 2.81 Bn | 2.81 Bn | 179.00 | 11.90% |
| 10 | Greif | 1.96 Bn | 1.76 Bn | 257.30 Mn | 22.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Apr 3, 2021 | 29.10% |