Growth Metrics

Avery Dennison (AVY) Operating Margin (2016 - 2026)

Avery Dennison has reported Operating Margin over the past 17 years, most recently at 12.39% for Q4 2025.

  • Quarterly Operating Margin fell 41.0% to 12.39% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 12.69% through Dec 2025, down 5.0% year-over-year, with the annual reading at 12.69% for FY2025, 5.0% down from the prior year.
  • Operating Margin was 12.39% for Q4 2025 at Avery Dennison, down from 12.69% in the prior quarter.
  • Over five years, Operating Margin peaked at 28.69% in Q1 2021 and troughed at 9.27% in Q4 2022.
  • The 5-year median for Operating Margin is 12.57% (2022), against an average of 13.14%.
  • Year-over-year, Operating Margin soared 1675bps in 2021 and then plummeted -212bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 12.43% in 2021, then fell by -25bps to 9.27% in 2022, then soared by 33bps to 12.37% in 2023, then increased by 4bps to 12.81% in 2024, then fell by -3bps to 12.39% in 2025.
  • Per Business Quant, the three most recent readings for AVY's Operating Margin are 12.39% (Q4 2025), 12.69% (Q3 2025), and 12.91% (Q2 2025).