Avery Dennison (AVY) Operating Margin (2009 - 2026)
Avery Dennison's Operating Margin was 13.59% in Q2 2026, up 0.67 percentage points from 12.91% a year earlier and up 0.98 percentage points from the prior quarter.
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Analysis
Avery Dennison (AVY) Operating Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Avery Dennison's Operating Margin was 12.83% through Jun 30, 2026, up 0.01 percentage points year-over-year; for FY2025, it came in at 12.69%, down 0.05 percentage points from FY2024.
- Operating Margin shows a four-year change of +0.03 percentage points (FY2021 to FY2025).
- In earlier years, Operating Margin was 12.74% in FY2024 (+1.22 pp), 11.52% in FY2023 (-0.35 pp), 11.87% in FY2022 (-0.78 pp) and 12.66% in FY2021.
- The Q2 2026 figure marks the highest quarterly Operating Margin in data going back to Q4 2010.
- Compared with a year earlier, Operating Margin was higher in four of the last eight quarters, with an average year-over-year change of +0.14 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q4 2023 (a gain of 3.10 percentage points); the worst was Q1 2023 (a drop of 2.12 percentage points).
- Per Business Quant data, AVY's Operating Margin in the three quarters before Q2 2026 was 12.60% (Q1 2026), 12.39% (Q4 2025) and 12.69% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 27.49% |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 15.49% |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 18.18% |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | -66.34% |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 32.29% |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 16.81% |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 28.51% |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 25.75% |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 17.45% |
| 10 | Avery Dennison | 12.96 Bn | 11.73 Bn | 729.40 Mn | 13.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.59% |
| Mar 31, 2026 | 12.60% |
| Dec 31, 2025 | 12.39% |
| Sep 27, 2025 | 12.69% |
| Jun 28, 2025 | 12.91% |
| Mar 29, 2025 | 12.78% |
| Dec 28, 2024 | 12.81% |
| Sep 28, 2024 | 12.81% |
| Jun 29, 2024 | 12.92% |
| Mar 30, 2024 | 12.41% |
| Dec 30, 2023 | 12.37% |
| Sep 30, 2023 | 12.44% |
| Jul 1, 2023 | 11.18% |
| Apr 1, 2023 | 10.07% |
| Dec 31, 2022 | 9.27% |
| Oct 1, 2022 | 12.45% |
| Jul 2, 2022 | 13.24% |
| Apr 2, 2022 | 12.19% |
| Oct 2, 2021 | 12.43% |
| Jul 3, 2021 | 12.81% |
API Access
Avery Dennison Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=AVY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "AVY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=AVY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();