Avery Dennison (AVY) Tax Rate (2009 - 2026)
Avery Dennison's (AVY) quarterly Tax Rate came in at 27.8% in Q2 2026, up 178.0% year-over-year from 10.0% in Q2 2025, and down 7.55% quarter-over-quarter from 30.07% in Q1 2026.
Analysis
Avery Dennison (AVY) Tax Rate (2009 - 2026) Analysis & Trends
Avery Dennison (AVY) has reported Tax Rate for 18 consecutive years, with 27.8% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 178.0% year-over-year to 27.8% in Q2 2026; TTM through Jun 2026 was 27.01%, a 82.0% increase from a year earlier, with the FY2025 full-year figure at 25.63%, down 44.0% from the prior year.
- Tax Rate was 27.8% for Q2 2026 at Avery Dennison, down from 30.07% in the prior quarter.
- Over five years, Tax Rate peaked at 30.07% in Q1 2026 and troughed at 18.72% in Q4 2022.
- A 5-year average of 26.25% and a median of 26.51% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 637 bps in 2023 and plunged 800 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 27.36% in 2022, then gained by 6 bps to 29.02% in 2023, then fell by 4 bps to 27.92% in 2024, then fell by 29 bps to 19.92% in 2025, then soared by 40 bps to 27.8% in 2026.
- The last three Tax Rate figures came in at 27.8% (Q2 2026), 30.07% (Q1 2026), and 19.92% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 143.12 Bn | 140.61 Bn | 1.63 Bn | 6.16% |
| 2 | Ati | 27.12 Bn | 26.34 Bn | 309.80 Mn | 20.01% |
| 3 | Qnity Electronics | 26.42 Bn | 25.46 Bn | 666.00 Mn | 31.66% |
| 4 | International Flavors & Fragrances | 21.37 Bn | 20.80 Bn | 853.00 Mn | 48.44% |
| 5 | DuPont de Nemours | 17.24 Bn | 15.50 Bn | 639.00 Mn | 28.20% |
| 6 | Avery Dennison | 12.90 Bn | 12.67 Bn | 729.40 Mn | 27.80% |
| 7 | Solstice Advanced Materials | 9.79 Bn | 9.04 Bn | 370.00 Mn | 23.86% |
| 8 | Element Solutions | 8.33 Bn | 8.14 Bn | 334.00 Mn | 27.82% |
| 9 | Eastman Chemical | 7.75 Bn | 7.06 Bn | 560.00 Mn | 23.15% |
| 10 | Hexcel | 6.99 Bn | 6.93 Bn | 138.10 Mn | 18.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.80% |
| Mar 31, 2026 | 30.07% |
| Dec 31, 2025 | 19.92% |
| Sep 27, 2025 | 29.17% |
| Jun 28, 2025 | 26.03% |
| Mar 29, 2025 | 26.74% |
| Dec 28, 2024 | 27.92% |
| Sep 28, 2024 | 24.07% |
| Jun 29, 2024 | 25.84% |
| Mar 30, 2024 | 26.45% |
| Dec 30, 2023 | 29.02% |
| Sep 30, 2023 | 25.08% |
| Jul 1, 2023 | 28.39% |
| Apr 1, 2023 | 27.99% |
| Dec 31, 2022 | 27.36% |
| Oct 1, 2022 | 18.72% |
| Jul 2, 2022 | 25.49% |
| Apr 2, 2022 | 26.51% |
| Jan 1, 2022 | 26.20% |
| Oct 2, 2021 | 26.38% |