Avery Dennison (AVY) Gross Margin (2009 - 2026)
Avery Dennison (AVY) reported 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 18 years of Gross Margin data on file, last reported at 28.92% in Q1 2026.
- Gross Margin for Q1 2026 came in at 28.92%, down 1.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 28.76% (down 4.0% YoY), and the FY2025 annual result was 28.75%, down 15.0% from the prior year.
- Gross Margin climbed to 28.92% in Q1 2026 per AVY's latest filing, from 28.65% in the prior quarter.
- Over five years, Gross Margin peaked at 29.65% in Q2 2024 and troughed at 24.69% in Q4 2022.
- A 5-year average of 27.92% and a median of 28.24% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 181 bps in 2022, then jumped 355 bps in 2023.
- 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.
- 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 | 21.17 Bn | 20.52 Bn | 1.27 Bn | 16.44% |
| 2 | Packaging Corp Of America | 19.43 Bn | 18.89 Bn | 452.90 Mn | 19.13% |
| 3 | Amcor | 17.53 Bn | 15.95 Bn | 1.19 Bn | 20.12% |
| 4 | International Paper | 17.36 Bn | 16.06 Bn | 1.73 Bn | 28.92% |
| 5 | Ball | 13.98 Bn | 13.10 Bn | 646.00 Mn | 17.93% |
| 6 | Avery Dennison | 11.76 Bn | 11.50 Bn | 664.80 Mn | 28.92% |
| 7 | Crown Holdings | 10.32 Bn | 10.23 Bn | 644.00 Mn | 19.76% |
| 8 | Reynolds Consumer Products | 4.74 Bn | 4.67 Bn | 207.00 Mn | 23.60% |
| 9 | Sonoco Products | 4.73 Bn | 4.53 Bn | 345.63 Mn | 20.62% |
| 10 | Silgan Holdings | 3.87 Bn | 3.44 Bn | 265.78 Mn | 17.02% |
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% |