Avery Dennison (AVY) Operating Expenses (2009 - 2026)

Avery Dennison (AVY) posted quarterly Operating Expenses of $375.1 million for Q1 2026, up 8.1% YoY from $347.0 million in Q1 2025, and up 1.6% sequentially from $369.2 million in Q4 2025.

Avery Dennison (AVY) Operating Expenses (2009 - 2026) Analysis & Trends

Avery Dennison has disclosed Operating Expenses across 18 years of filings, most recently posting $375.1 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 8.1% year-over-year to $375.1 million; the TTM figure through Mar 2026 stood at $1.5 billion (up 3.83% YoY), while the FY2025 annual figure was $1.4 billion, up 0.51% from the prior year.
  • Operating Expenses grew to $375.1 million in Q1 2026, from $369.2 million in the prior quarter.
  • Over the last five years, Operating Expenses for AVY reached as high as $489.8 million in Q1 2022 and fell as low as $312.3 million in Q4 2022.
  • The 5-year median for Operating Expenses is $347.0 million (2024), against an average of $352.6 million.
  • Annual changes were most pronounced in 2022 — Operating Expenses tumbled 36.24% — and 2024, when it gained 16.99%.
  • A 5-year view of Operating Expenses shows it stood at $312.3 million in 2022, then gained by 7.24% to $334.9 million in 2023, then retreated by 1.67% to $329.3 million in 2024, then rose by 12.12% to $369.2 million in 2025, then climbed by 1.6% to $375.1 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $375.1 million, $369.2 million, and $353.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Ball 88.75 Bn 87.87 Bn 646.00 Mn 283.00 Mn
2 International Paper 24.05 Bn 22.75 Bn 1.73 Bn 943.00 Mn
3 Avery Dennison 12.53 Bn 12.27 Bn 664.80 Mn 375.10 Mn
4 Crown Holdings 12.47 Bn 12.38 Bn 644.00 Mn 239.00 Mn
5 Reynolds Consumer Products 5.71 Bn 5.64 Bn 207.00 Mn 109.00 Mn
6 Sonoco Products 5.57 Bn 5.37 Bn 345.63 Mn 201.54 Mn
7 Silgan Holdings 4.87 Bn 4.43 Bn 265.78 Mn 140.22 Mn
8 Graphic Packaging Holding 3.15 Bn 2.96 Bn 306.00 Mn 273.00 Mn
9 Ardagh Metal Packaging 2.81 Bn 2.81 Bn 179.00 -86.00
10 Greif 1.96 Bn 1.76 Bn 257.30 Mn 158.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 375.10 Mn
Dec 31, 2025 369.20 Mn
Sep 27, 2025 353.90 Mn
Jun 28, 2025 352.40 Mn
Mar 29, 2025 347.00 Mn
Dec 28, 2024 329.30 Mn
Sep 28, 2024 346.90 Mn
Jun 29, 2024 373.90 Mn
Mar 30, 2024 365.20 Mn
Dec 30, 2023 334.90 Mn
Sep 30, 2023 324.80 Mn
Jul 1, 2023 319.60 Mn
Apr 1, 2023 334.40 Mn
Dec 31, 2022 312.30 Mn
Oct 1, 2022 330.80 Mn
Jul 2, 2022 332.70 Mn
Apr 2, 2022 355.00 Mn
Jan 1, 2022 489.80 Mn
Oct 2, 2021 296.90 Mn
Jul 3, 2021 307.00 Mn