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
DateValue
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%