Avery Dennison vs Graphic Packaging
Avery Dennison reported revenue of $8.9 billion in fiscal 2025, about the same as Graphic Packaging's $8.6 billion in fiscal 2025. Avery Dennison's revenue grew 1.1% in its latest year, and Graphic Packaging's fell 2.2%. Free cash flow was $712 million at Avery Dennison and −$81 million at Graphic Packaging.
Side by side
| Avery Dennison | Graphic Packaging | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $8.9B | $8.6B |
| Revenue growth | 1.1% | −2.2% |
| Revenue growth a year, last 5 years | 4.9% | 5.6% |
| Gross margin | 28.8% | 18.6% |
| Operating margin | — | 9.3% |
| Net margin | 7.8% | 5.2% |
| Free cash flow | $712M | −$81M |
| Free cash flow margin | 8.0% | −0.9% |
| Return on capital | 14.6% | 7.3% |
| Net debt to EBITDA | 2.5x | 4.0x |
| Dividends and buybacks | $861M | $278M |
| Change in diluted share count | −3.0% | −1.7% |
| Last close | $183.43 | $8.76 |
| P/E at the last close | 20.1× | 13.3× |
| Insider trades, last 12 months | sold $21.2 million | bought $1.1 million, sold $0 |
| Piotroski F-score | 5 of 9 | 4 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Avery DennisonGraphic Packaging
Operating margin
Percent of revenue
Avery DennisonGraphic Packaging
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Avery DennisonGraphic Packaging
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Avery Dennison and Graphic Packaging pages.