OverviewSuggest Edit

Avery Dennison (formerly known as Avery International) is a company producing and selling pressure-sensitive materials. The Label and Graphic Materials segment offers pressure-sensitive label and packaging materials, and graphics and reflective products under the Fasson, JAC, Avery Dennison, and Mactac brands, as well as durable cast and reflective films. The Retail Branding and Information Solutions segment designs, manufactures, and sells brand embellishments, graphic tickets, tags and labels, and sustainable packaging solutions, as well as offers creative services, item-level radio-frequency identification solutions, visibility and loss prevention solutions, price ticketing and marking solutions, and brand protection and security solutions. The Industrial and Healthcare Materials segment offers tapes, pressure-sensitive adhesive based materials and converted products, medical fasteners, and performance polymers under the Fasson, Avery Dennison, and Yongle brands.
TypePublic
Founded1935
HQGlendale, CA, US
Websiteaverydennison.com
Employee Ratings3.8
Overall CultureC+

Latest Updates

Employees (est.) (Dec 2019)30,000
Job Openings584
Revenue (FY, 2019)$7.1 B(-1%)
Share Price (Jun 2021)$219.4(+2%)
Cybersecurity ratingBMore

Key People/Management at Avery Dennison

Mitch Butier

Mitch Butier

Chairman of the Board, President and Chief Executive Officer
Kamran Kian

Kamran Kian

Vice President, Global Operations and Supply Chain, Label and Graphic Materials and Industrial and Healthcare Materials
Jürgen Walda

Jürgen Walda

Vice President and General Manager of Global Performance Tapes and Performance Tapes, Europe
Sanjay Agrawal

Sanjay Agrawal

Vice President, Information Technology
Anil K. Sharma

Anil K. Sharma

Vice President and General Manager, Label and Graphic Materials, Asia Pacific
Hannah Bernard

Hannah Bernard

Director, Marketing Communications, Apparel and RFID
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Avery Dennison Office Locations

Avery Dennison has offices in Glendale, Beaverton, Bensalem, Bentonville and in 175 other locations
Glendale, CA, US (HQ)
207 Goode Ave
Beaverton, OR, US
4145 SW Watson Ave #440
Bensalem, PA, US
3466 Progress Dr #213
Bentonville, AR, US
309 SW 18th St #7
Boston, MA, US
101 Federal St #1900
Buffalo, NY, US
685 Howard St
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Avery Dennison Financials and Metrics

Avery Dennison Revenue

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Avery Dennison's revenue was reported to be $7.07 b in FY, 2019 which is a 1.2% decrease from the previous period.
USD

Revenue (Q3, 2020)

1.7b

Gross profit (Q3, 2020)

484.1m

Gross profit margin (Q3, 2020), %

28%

Net income (Q3, 2020)

150.5m

EBIT (Q3, 2020)

213.5m

Market capitalization (11-Jun-2021)

18.2b

Closing stock price (11-Jun-2021)

219.4

Cash (2-Oct-2020)

284.7m

EV

18.5b
Avery Dennison's current market capitalization is $18.2 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

6.6b7.2b7.1b

Revenue growth, %

9%8%(1%)

Cost of goods sold

4.8b5.2b5.2b

Gross profit

1.8b1.9b1.9b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

1.8b1.9b1.8b1.7b1.8b1.8b1.7b1.5b1.7b

Cost of goods sold

1.3b1.4b1.3b1.3b1.3b1.3b1.2b1.1b1.2b

Gross profit

483.4m501.4m459.2m465.4m482.3m471.7m486.0m382.9m484.1m

Gross profit Margin, %

27%27%26%27%27%27%28%25%28%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

224.4m232.0m253.7m

Accounts Receivable

1.2b1.2b1.2b

Inventories

609.6m651.4m663.0m

Current Assets

2.2b2.3b2.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

187.5m215.8m217.6m225.7m247.3m224.2m742.0m262.6m284.7m

Accounts Receivable

1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.1b1.2b

Inventories

678.2m660.8m682.5m688.3m671.0m665.0m723.3m726.6m662.6m

Current Assets

2.3b2.3b2.4b2.3b2.4b2.3b2.9b2.3b2.4b
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

281.8m467.4m303.6m

Depreciation and Amortization

178.7m181.0m179.0m

Inventories

(14.9m)(70.5m)(18.1m)

Accounts Payable

83.4m43.6m46.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

125.2m220.8m370.3m(146.9m)(3.5m)141.1m134.2m213.9m364.4m

Depreciation and Amortization

44.5m89.3m136.0m44.5m89.4m133.4m47.5m97.8m149.8m

Cash From Operating Activities

16.0m209.5m187.7m35.4m238.8m467.0m4.4m184.0m441.8m

Purchases of PP&E

(35.6m)(79.5m)(41.8m)(79.8m)(132.9m)(33.2m)(63.9m)(91.7m)
USDFY, 2017

Revenue/Employee

220.5k

Debt/Equity

1.5 x

Debt/Assets

0.3 x

Financial Leverage

4.9 x
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Avery Dennison Operating Metrics

FY, 2017FY, 2018FY, 2019FY, 2021

Countries

50505054

Operations

100

Patents (US)

1.57 k

Trademarks (US)

216
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Avery Dennison Acquisitions / Subsidiaries

Company NameDateDeal Size
JDC SolutionsFebruary 15, 2021$24 m
Finesse MedicalMay 22, 2017
Yongle Tape CoFebruary 06, 2017
Hanita CoatingsDecember 13, 2016$75 m
MACtac Europe S.A.April 27, 2016€200 m
DM Label GroupApril 01, 2008
PAXAR CORPORATIONJune 15, 2007
Rinke Etiketten GmbHSeptember 22, 2004
L&E PackagingNovember 28, 2002
RVL Packaging, Inc.November 05, 2002
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Avery Dennison Revenue Breakdown

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Avery Dennison revenue breakdown by business segment: 67.0% from Label and Graphic Materials (LGM), 23.0% from Retail Branding and Information Solutions (RBIS) and 10.0% from Industrial and Healthcare Materials (IHM)

Human Capital Metrics

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Avery Dennison Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Avery Dennison Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Avery Dennison Online and Social Media Presence

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Avery Dennison Company Culture

  • Overall Culture

    C+

    66/100

  • CEO Rating

    B+

    73/100

  • Compensation

    B

    72/100

  • Diversity

    D+

    58/100

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Avery Dennison News and Updates

Anti-counterfeit Packaging Market: COVID-19 Focused Report | Evolving Opportunities with Applied DNA Sciences Inc. and Avery Dennison Corp. | Technavio

NEW YORK, May 13, 2021 /PRNewswire/ -- The global anti-counterfeit packaging market is expected to grow by USD 80.88 billion, according to Technavio. This marks a significant market slow down due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is...

Avery Dennison to acquire privately held JDC Solutions in $24 million deal

Global materials manufacturer Avery Dennison Corp. says it has reached an agreement to acquire JDC Solutions Inc., a privately held Tennessee-based maker of specialty tapes for the automotive, consumer appliance, and building and construction industries, for $24 million. Avery Dennison said it expe…

Global RFID Printers Market (2020 to 2028) - Featuring Avery Dennison, BOCA Systems & GAO RFID Among Others

DUBLIN, Jan. 5, 2021 /PRNewswire/ -- The "RFID Printers Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2020 To 2028" report has been added to ResearchAndMarkets.com's offering. The overall RFID printers...

A $330 million short-seller alleges Fortune 500 company Avery Dennison is using 'accounting manipulating' to juice returns

Summary List Placement $330 million short-seller Spruce Point Capital has a new target in its sights: Fortune 500 manufacturer Avery Dennison. Avery Dennison, a California-based label-and-tape-maker, has used "manipulative accounting" to conceal poor finances, Spruce Point alleges in a new report r…

Avery Dennison boosts dividend by 6.9%, to yield more than the S&P 500

Avery Dennison Corp. raised on Wednesday its quarterly dividend by 6.9%, to 62 cents a share from 58 cents a share. The materials science and manufacturing company's new dividend will be payable Dec. 16 to shareholders of record on Dec. 2. Based on Tuesday's stock closing price of $134.34, the new …

While S&P Stays Flat, Avery Dennison Jumps 10% – Time To Buy?

Avery Dennison’s stock jumped 10% in the last 5 trading days, whereas the S&P 500 barely moved up 1%. Should you make a decision to invest now? We think that it may still not be the right time to buy the stock, and arrive at our conclusion by assessing Avery Dennison’s recent market movement fro…
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Avery Dennison Blogs

Avery Dennison to Webcast Third Quarter 2018 Earnings Conference Call

Avery Dennison to Webcast Third Quarter 2018 Earnings Conference Call Content Import Tue, 10/09/2018 - 18:02 Avery Dennison to Webcast Third Quarter 2018 Earnings Conference Call October 9, 2018 This release is a backfill from a News Wire Gener…

Mark J. Barrenechea Appointed to Avery Dennison Board of Directors

GLENDALE, Calif. --(BUSINESS WIRE)--Sep. 10, 2018-- Avery Dennison Corporation (NYSE:AVY) today announced that its board of directors has appointed Mark J. Barrenechea a director, effective September 10, 2018 . Barrenechea, 53, is vice chair, CEO and chief technology officer of OpenText Corporation

Avery Dennison Declares Quarterly Dividend

Avery Dennison Declares Quarterly Dividend Content Import Thu, 07/26/2018 - 06:46 Avery Dennison Declares Quarterly Dividend July 26, 2018 This release is a backfill from a News Wire General GLENDALE, Calif.--(BUSINESS WIRE)--Jul. 26…

Avery Dennison Frequently Asked Questions

  • When was Avery Dennison founded?

    Avery Dennison was founded in 1935.

  • Who are Avery Dennison key executives?

    Avery Dennison's key executives are Mitch Butier, Kamran Kian and Jürgen Walda.

  • How many employees does Avery Dennison have?

    Avery Dennison has 30,000 employees.

  • What is Avery Dennison revenue?

    Latest Avery Dennison annual revenue is $7.1 b.

  • What is Avery Dennison revenue per employee?

    Latest Avery Dennison revenue per employee is $235.7 k.

  • Who are Avery Dennison competitors?

    Competitors of Avery Dennison include Mondi, Clariant and Veritiv.

  • Where is Avery Dennison headquarters?

    Avery Dennison headquarters is located at 207 Goode Ave, Glendale.

  • Where are Avery Dennison offices?

    Avery Dennison has offices in Glendale, Beaverton, Bensalem, Bentonville and in 175 other locations.

  • How many offices does Avery Dennison have?

    Avery Dennison has 224 offices.