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Avery Dennison CorporationStock · Consumer DiscretionaryS&P 500 0.0%
$160.88+$5.68 (+3.66%)as of market close, Jul 24, 2026
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How Avery Dennison makes money

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How does Avery Dennison make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Avery Dennison Corporation · FY2025 · year ended 2025-12-31
Revenue$8.9BGross profit$2.5B · 29%Cost of revenue$6.3B · 71%Operating income$987M · 11%Operating expenses$1.6B · 18%R&D$137M · 2%SG&A$1.4B · 16%Pre-tax income$925M · 10%Other expense$62M · 1%Net income$688M · 8%Income tax$237M · 3%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.