Avery Dennison (AVY) Tax Rate (2009 - 2026)
Avery Dennison (AVY) recorded Tax Rate of 27.80% in Q2 2026, up 1.78 percentage points from 26.03% a year earlier but down 2.27 percentage points from the prior quarter.
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Analysis
Avery Dennison (AVY) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Avery Dennison's Tax Rate came in at 27.01% as of Jun 30, 2026, up 0.82 percentage points year-over-year; for FY2025, it was 25.63%, down 0.44 percentage points from FY2024.
- Annual Tax Rate has a four-year change of +0.58 percentage points (FY2021 to FY2025).
- Across earlier years, Tax Rate came in at 26.07% in FY2024 (-1.52 pp), 27.59% in FY2023 (+3.36 pp), 24.24% in FY2022 (-0.81 pp) and 25.05% in FY2021.
- Quarterly Tax Rate has ranged from 18.72% in Q3 2022 to 30.07% in Q1 2026 over the past five years.
- On a year-over-year basis, Tax Rate rose in five of the last eight quarters, with an average year-over-year change of +0.07 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 6.37 percentage points in Q3 2023, against a drop of 8.00 percentage points in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 30.07% (Q1 2026), 19.92% (Q4 2025) and 29.17% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 231.45 Bn | 213.03 Bn | 4.43 Bn | 23.96% |
| 2 | Corning | 116.59 Bn | 109.15 Bn | 1.63 Bn | 6.16% |
| 3 | Sherwin Williams | 82.19 Bn | 81.23 Bn | 3.34 Bn | 24.17% |
| 4 | Air Products & Chemicals | 67.40 Bn | 62.58 Bn | 1.04 Bn | - |
| 5 | LyondellBasell Industries | 40.93 Bn | 30.44 Bn | 2.04 Bn | 29.21% |
| 6 | Nutrien | 33.12 Bn | 29.95 Bn | 3.25 Bn | 21.50% |
| 7 | Qnity Electronics | 25.20 Bn | 22.33 Bn | 666.00 Mn | 31.66% |
| 8 | Ppg Industries | 24.54 Bn | 17.20 Bn | 1.81 Bn | 22.32% |
| 9 | Ati | 24.54 Bn | 22.56 Bn | 309.80 Mn | 20.01% |
| 10 | Avery Dennison | 13.65 Bn | 12.43 Bn | 729.40 Mn | 27.80% |
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% |
API Access
Avery Dennison Tax Rate 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=tax-rate&ticker=AVY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=AVY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();