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| Date | Value |
|---|---|
| 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 |