Avery Dennison Debt-to-Equity Ratio Growth & History (AVY)
Avery Dennison's debt-to-equity ratio was 1.53 for fiscal 2025.
View full Avery Dennison company overviewAvery Dennison annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.53 | 0.33 | +27.01% |
| 2024 | 2024-12-28 | 1.20 | −0.12 | −9.09% |
| 2023 | 2023-12-30 | 1.33 | 0.02 | +1.26% |
| 2022 | 2022-12-31 | 1.31 | −0.23 | −15.16% |
| 2021 | 2022-01-01 | 1.54 | 0.05 | +3.53% |
| 2020 | 2021-01-02 | 1.49 | 0.13 | +9.41% |
| 2019 | 2019-12-28 | 1.36 | −0.49 | −26.58% |
| 2018 | 2018-12-29 | 1.85 | 0.58 | +45.48% |
| 2017 | 2017-12-30 | 1.27 | 0.50 | +65.41% |
| 2016 | 2016-12-31 | 0.77 | −0.23 | −22.75% |
| 2015 | 2016-01-02 | 1.00 | 0.10 | +11.20% |
| 2014 | 2015-01-03 | 0.90 | 0.25 | +38.58% |
| 2013 | 2013-12-28 | 0.65 | 0.19 | +41.69% |
| 2012 | 2012-12-29 | 0.46 | −0.26 | −36.21% |
| 2011 | 2011-12-31 | 0.72 | −0.10 | −11.84% |
| 2010 | 2011-01-01 | 0.81 | 0.01 | +1.70% |
| 2009 | 2010-01-02 | 0.80 | — | — |
Avery Dennison quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.37 | 0.17 | +14.60% |
| Q1 2026 | 2026-03-31 | 1.38 | 0.20 | +16.41% |
| Q4 2025 | 2025-12-31 | 1.53 | 0.33 | +27.01% |
| Q3 2025 | 2025-09-27 | 1.45 | 0.60 | +69.79% |
| Q2 2025 | 2025-06-28 | 1.19 | 0.30 | +33.41% |
| Q1 2025 | 2025-03-29 | 1.19 | 0.25 | +26.65% |
| Q4 2024 | 2024-12-28 | 1.20 | −0.12 | −9.09% |
| Q3 2024 | 2024-09-28 | 0.85 | −0.41 | −32.23% |
| Q2 2024 | 2024-06-29 | 0.89 | −0.55 | −38.03% |
| Q1 2024 | 2024-03-30 | 0.94 | −0.49 | −34.09% |
| Q4 2023 | 2023-12-30 | 1.33 | 0.02 | +1.26% |
| Q3 2023 | 2023-09-30 | 1.26 | 0.03 | +2.59% |
| Q2 2023 | 2023-07-01 | 1.44 | 0.16 | +12.16% |
| Q1 2023 | 2023-04-01 | 1.42 | −0.01 | −0.73% |
| Q4 2022 | 2022-12-31 | 1.31 | −0.23 | −15.16% |
| Q3 2022 | 2022-10-01 | 1.23 | −0.33 | −21.16% |
| Q2 2022 | 2022-07-02 | 1.29 | 0.10 | +8.56% |
| Q1 2022 | 2022-04-02 | 1.44 | 0.15 | +12.08% |
| Q4 2021 | 2022-01-01 | 1.54 | 0.05 | +3.53% |
| Q3 2021 | 2021-10-02 | 1.56 | 0.04 | +2.83% |
| Q2 2021 | 2021-07-03 | 1.19 | −0.46 | −27.94% |
| Q1 2021 | 2021-04-03 | 1.28 | −0.41 | −24.41% |
| Q4 2020 | 2021-01-02 | 1.49 | 0.13 | +9.41% |
| Q3 2020 | 2020-09-26 | 1.51 | −0.03 | −1.77% |
| Q2 2020 | 2020-06-27 | 1.65 | 0.09 | +5.55% |
| Q1 2020 | 2020-03-28 | 1.69 | −0.24 | −12.34% |
| Q4 2019 | 2019-12-28 | 1.36 | −0.49 | −26.58% |
| Q3 2019 | 2019-09-28 | 1.54 | 0.30 | +24.55% |
| Q2 2019 | 2019-06-29 | 1.56 | 0.30 | +23.53% |
| Q1 2019 | 2019-03-30 | 1.93 | 0.70 | +56.86% |
| Q4 2018 | 2018-12-29 | 1.85 | 0.58 | +45.48% |
| Q3 2018 | 2018-09-29 | 1.24 | 0.09 | +8.13% |
| Q2 2018 | 2018-06-30 | 1.26 | 0.07 | +5.79% |
| Q1 2018 | 2018-03-31 | 1.23 | −0.00 | −0.00% |
| Q4 2017 | 2017-12-30 | 1.27 | 0.50 | +65.41% |
| Q3 2017 | 2017-09-30 | 1.14 | 0.46 | +67.26% |
| Q2 2017 | 2017-07-01 | 1.19 | 0.19 | +18.51% |
| Q1 2017 | 2017-04-01 | 1.23 | 0.24 | +23.86% |
| Q4 2016 | 2016-12-31 | 0.77 | −0.23 | −22.75% |
| Q3 2016 | 2016-10-01 | 0.68 | −0.23 | −25.47% |
| Q2 2016 | 2016-07-02 | 1.01 | 0.12 | +13.88% |
| Q1 2016 | 2016-04-02 | 0.99 | 0.07 | +7.98% |
| Q4 2015 | 2016-01-02 | 1.00 | 0.10 | +11.20% |
| Q3 2015 | 2015-10-03 | 0.92 | 0.19 | +26.90% |
| Q2 2015 | 2015-07-04 | 0.88 | 0.22 | +33.66% |
| Q1 2015 | 2015-04-04 | 0.92 | 0.29 | +44.93% |
| Q4 2014 | 2015-01-03 | 0.90 | 0.25 | +38.58% |
| Q3 2014 | 2014-09-27 | 0.72 | 0.12 | +19.70% |
| Q2 2014 | 2014-06-28 | 0.66 | 0.03 | +5.29% |
| Q1 2014 | 2014-03-29 | 0.64 | 0.19 | +42.51% |
| Q4 2013 | 2013-12-28 | 0.65 | 0.19 | +41.69% |
| Q3 2013 | 2013-09-28 | 0.60 | 0.16 | +36.32% |
| Q2 2013 | 2013-06-29 | 0.63 | 0.18 | +40.29% |
| Q1 2013 | 2013-03-30 | 0.45 | 0.02 | +5.50% |
| Q4 2012 | 2012-12-29 | 0.46 | −0.26 | −36.21% |
| Q3 2012 | 2012-09-29 | 0.44 | −0.10 | −18.78% |
| Q2 2012 | 2012-06-30 | 0.45 | −0.08 | −15.37% |
| Q1 2012 | 2012-03-31 | 0.42 | −0.13 | −23.11% |
| Q4 2011 | 2011-12-31 | 0.72 | −0.10 | −11.84% |
| Q3 2011 | 2011-10-01 | 0.55 | −0.15 | −21.56% |
| Q2 2011 | 2011-07-02 | 0.53 | −0.22 | −29.68% |
| Q1 2011 | 2011-04-02 | 0.55 | — | — |
| Q4 2010 | 2011-01-01 | 0.81 | 0.01 | +1.70% |
| Q3 2010 | 2010-10-02 | 0.70 | — | — |
| Q2 2010 | 2010-07-03 | 0.75 | — | — |
| Q4 2009 | 2010-01-02 | 0.80 | — | — |
Avery Dennison debt-to-equity ratio trends
Over the last five fiscal years, Avery Dennison's debt-to-equity ratio increased from 1.49 to 1.53, a change of 0.04. The latest reported quarter, Q2 2026, shows 1.37.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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