Avery Dennison annual free cash flow
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Avery Dennison Free Cash Flow (FCF) History (AVY)
Avery Dennison reported $712.4M in free cash flow for fiscal 2025, a decrease of 2.41% from the previous fiscal year, with a free cash flow margin of 8.04%.
View full Avery Dennison company overviewAvery Dennison free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $712.4M | −$17.6M | −2.41% | +8.04% |
| 2024 | 2024-12-28 | $730.0M | $169.3M | +30.19% | +8.34% |
| 2023 | 2023-12-30 | $560.7M | −$122.2M | −17.89% | +6.70% |
| 2022 | 2022-12-31 | $682.9M | −$108.9M | −13.75% | +7.55% |
| 2021 | 2022-01-01 | $791.8M | $241.9M | +43.99% | +9.42% |
| 2020 | 2021-01-02 | $549.9M | $22.8M | +4.33% | +7.89% |
| 2019 | 2019-12-28 | $527.1M | $295.9M | +127.98% | +7.46% |
| 2018 | 2018-12-29 | $231.2M | −$224.0M | −49.21% | +3.23% |
| 2017 | 2017-12-30 | $455.2M | $50.0M | +12.34% | +6.88% |
| 2016 | 2016-12-31 | $405.2M | $67.3M | +19.92% | +6.66% |
| 2015 | 2016-01-02 | $337.9M | $130.9M | +63.24% | +5.66% |
| 2014 | 2015-01-03 | $207.0M | $16.6M | +8.72% | +3.27% |
| 2013 | 2013-12-28 | $190.4M | −$223.8M | −54.03% | +3.10% |
| 2012 | 2012-12-29 | $414.2M | $101.1M | +32.29% | +7.06% |
| 2011 | 2011-12-31 | $313.1M | −$90.1M | −22.35% | +5.36% |
| 2010 | 2011-01-01 | $403.2M | −$96.1M | −19.25% | +6.97% |
| 2009 | 2010-01-02 | $499.3M | $78.0M | +18.51% | +9.63% |
| 2008 | 2008-12-27 | $421.3M | — | — | +6.28% |
Avery Dennison quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $369.0M | $190.2M | +106.38% | +14.98% |
| Q1 2026 | 2026-03-31 | $108.2M | $160.5M | — | +4.71% |
| Q4 2025 | 2025-12-31 | $309.7M | $28.0M | +9.94% | +13.64% |
| Q3 2025 | 2025-09-27 | $276.2M | $49.1M | +21.62% | +12.47% |
| Q2 2025 | 2025-06-28 | $178.8M | $28.6M | +19.04% | +8.05% |
| Q1 2025 | 2025-03-29 | −$52.3M | −$123.3M | — | −2.43% |
| Q4 2024 | 2024-12-28 | $281.7M | $62.1M | +28.28% | +12.89% |
| Q3 2024 | 2024-09-28 | $227.1M | −$38.4M | −14.46% | +10.40% |
| Q2 2024 | 2024-06-29 | $150.2M | $12.0M | +8.68% | +6.72% |
| Q1 2024 | 2024-03-30 | $71.0M | $133.6M | — | +3.30% |
| Q4 2023 | 2023-12-30 | $219.6M | −$31.3M | −12.48% | +10.41% |
| Q3 2023 | 2023-09-30 | $265.5M | $121.1M | +83.86% | +12.65% |
| Q2 2023 | 2023-07-01 | $138.2M | −$72.9M | −34.53% | +6.61% |
| Q1 2023 | 2023-04-01 | −$62.6M | −$139.1M | — | −3.03% |
| Q4 2022 | 2022-12-31 | $250.9M | $91.3M | +57.21% | +12.38% |
| Q3 2022 | 2022-10-01 | $144.4M | −$94.8M | −39.63% | +6.23% |
| Q2 2022 | 2022-07-02 | $211.1M | $2.2M | +1.05% | +8.99% |
| Q1 2022 | 2022-04-02 | $76.5M | −$107.6M | −58.45% | +3.26% |
| Q4 2021 | 2022-01-01 | $159.6M | −$40.2M | −20.12% | +7.31% |
| Q3 2021 | 2021-10-02 | $239.2M | $9.2M | +4.00% | +11.55% |
| Q2 2021 | 2021-07-03 | $208.9M | $60.0M | +40.30% | +9.94% |
| Q1 2021 | 2021-04-03 | $184.1M | $212.9M | — | +8.97% |
| Q4 2020 | 2021-01-02 | $199.8M | $6.8M | +3.52% | +10.04% |
| Q3 2020 | 2020-09-26 | $230.0M | $54.9M | +31.35% | +13.30% |
| Q2 2020 | 2020-06-27 | $148.9M | −$16.5M | −9.98% | +9.74% |
| Q1 2020 | 2020-03-28 | −$28.8M | −$22.4M | — | −1.67% |
| Q4 2019 | 2019-12-28 | $193.0M | $16.8M | +9.53% | +10.89% |
| Q3 2019 | 2019-09-28 | $175.1M | $250.1M | — | +9.94% |
| Q2 2019 | 2019-06-29 | $165.4M | $15.8M | +10.56% | +9.21% |
| Q1 2019 | 2019-03-30 | −$6.4M | $13.2M | — | −0.37% |
| Q4 2018 | 2018-12-29 | $176.2M | −$500,000 | −0.28% | +9.96% |
| Q3 2018 | 2018-09-29 | −$75.0M | −$244.4M | — | −4.26% |
| Q2 2018 | 2018-06-30 | $149.6M | $24.1M | +19.20% | +8.07% |
| Q1 2018 | 2018-03-31 | −$19.6M | −$3.2M | — | −1.10% |
| Q4 2017 | 2017-12-30 | $176.7M | $32.3M | +22.37% | +10.18% |
| Q3 2017 | 2017-09-30 | $169.4M | $63.3M | +59.66% | +10.09% |
| Q2 2017 | 2017-07-01 | $125.5M | −$60.7M | −32.60% | +7.71% |
| Q1 2017 | 2017-04-01 | −$16.4M | $15.1M | — | −1.04% |
| Q4 2016 | 2016-12-31 | $144.4M | −$900,000 | −0.62% | +9.31% |
| Q3 2016 | 2016-10-01 | $106.1M | $27.5M | +34.99% | +7.03% |
| Q2 2016 | 2016-07-02 | $186.2M | $51.5M | +38.23% | +12.08% |
| Q1 2016 | 2016-04-02 | −$31.5M | −$10.8M | — | −2.12% |
| Q4 2015 | 2016-01-02 | $145.3M | $37.7M | +35.04% | +9.99% |
| Q3 2015 | 2015-10-03 | $78.6M | −$78.5M | −49.97% | +5.35% |
| Q2 2015 | 2015-07-04 | $134.7M | $45.7M | +51.35% | +8.89% |
| Q1 2015 | 2015-04-04 | −$20.7M | $126.0M | — | −1.35% |
| Q4 2014 | 2015-01-03 | $107.6M | −$66.2M | −38.09% | +6.70% |
| Q3 2014 | 2014-09-27 | $157.1M | $137.3M | +693.43% | +10.07% |
| Q2 2014 | 2014-06-28 | $89.0M | $4.5M | +5.33% | +5.51% |
| Q1 2014 | 2014-03-29 | −$146.7M | −$59.0M | — | −9.46% |
| Q4 2013 | 2013-12-28 | $173.8M | −$87.1M | −33.38% | +10.97% |
| Q3 2013 | 2013-09-28 | $19.8M | −$135.8M | −87.28% | +1.32% |
| Q2 2013 | 2013-06-29 | $84.5M | $73.5M | +668.18% | +5.44% |
| Q1 2013 | 2013-03-30 | −$87.7M | −$74.4M | — | −5.85% |
| Q4 2012 | 2012-12-29 | $260.9M | −$8.3M | −3.08% | +17.59% |
| Q3 2012 | 2012-09-29 | $155.6M | −$36.6M | −19.04% | +10.75% |
| Q2 2012 | 2012-06-30 | $11.0M | $13.8M | — | +0.74% |
| Q1 2012 | 2012-03-31 | −$13.3M | $132.2M | — | −0.92% |
| Q4 2011 | 2011-12-31 | $269.2M | $99.5M | +58.63% | +21.14% |
| Q3 2011 | 2011-10-01 | $192.2M | $74.4M | +63.16% | +12.81% |
| Q2 2011 | 2011-07-02 | −$2.8M | −$160.1M | — | −0.18% |
| Q1 2011 | 2011-04-02 | −$145.5M | −$103.9M | — | −9.53% |
| Q4 2010 | 2011-01-01 | $169.7M | $1.6M | +0.95% | +18.72% |
| Q3 2010 | 2010-10-02 | $117.8M | — | — | +7.18% |
| Q2 2010 | 2010-07-03 | $157.3M | — | — | +9.36% |
| Q1 2010 | 2010-04-03 | −$41.6M | — | — | −2.68% |
| Q3 2009 | 2009-10-03 | $168.1M | — | — | +10.85% |
Avery Dennison free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $549.9M to $712.4M, a compound annual growth rate of 5.31%. Avery Dennison's latest reported quarter, Q2 2026, generated $369.0M in free cash flow, an increase of 106.38% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Avery Dennison filings at SEC.gov ↗