Avery Dennison Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	8,364	9,039	8,408	6,972	7,070	Upgrade
Revenue Growth (YoY)	-7.47%	7.50%	20.61%	-1.39%	-1.24%	Upgrade
Cost of Revenue	6,087	6,635	6,096	5,048	5,166	Upgrade
Gross Profit	2,278	2,404	2,313	1,923	1,904	Upgrade
Selling, General & Admin	1,314	1,331	1,249	1,061	1,080	Upgrade
Operating Expenses	1,314	1,331	1,249	1,061	1,080	Upgrade
Operating Income	963.8	1,073	1,064	862.8	823.7	Upgrade
Interest Expense / Income	119	84.1	70.2	70	75.8	Upgrade
Other Expense / Income	150.1	-10	5.4	59.2	501	Upgrade
Pretax Income	694.7	999.3	988.7	733.6	246.9	Upgrade
Income Tax	191.7	242.2	248.6	177.7	-56.7	Upgrade
Net Income	503	757.1	740.1	555.9	303.6	Upgrade
Net Income Growth	-33.56%	2.30%	33.14%	83.10%	-35.04%	Upgrade
Shares Outstanding (Basic)	81	82	83	83	84	Upgrade
Shares Outstanding (Diluted)	81	82	84	84	85	Upgrade
Shares Change	-1.34%	-1.91%	-0.36%	-1.06%	-4.06%	Upgrade
EPS (Basic)	6.23	9.28	8.93	6.67	3.61	Upgrade
EPS (Diluted)	6.20	9.21	8.83	6.61	3.57	Upgrade
EPS Growth	-32.68%	4.30%	33.59%	85.15%	-32.39%	Upgrade
Free Cash Flow	541.9	664.8	775.8	541.9	497.1	Upgrade
Free Cash Flow Per Share	6.71	8.15	9.36	6.50	5.92	Upgrade
Dividend Per Share	3.180	2.930	2.660	2.360	2.260	Upgrade
Dividend Growth	8.53%	10.15%	12.71%	4.42%	12.44%	Upgrade
Gross Margin	27.23%	26.60%	27.51%	27.59%	26.93%	Upgrade
Operating Margin	11.52%	11.87%	12.66%	12.38%	11.65%	Upgrade
Profit Margin	6.01%	8.38%	8.80%	7.97%	4.29%	Upgrade
Free Cash Flow Margin	6.48%	7.35%	9.23%	7.77%	7.03%	Upgrade
Effective Tax Rate	27.59%	24.24%	25.14%	24.22%	-22.96%	Upgrade
EBITDA	1,112	1,374	1,303	1,009	501.7	Upgrade
EBITDA Margin	13.30%	15.20%	15.50%	14.47%	7.10%	Upgrade
Depreciation & Amortization	298.4	290.7	244.1	205.3	179	Upgrade
EBIT	813.7	1,083	1,059	803.6	322.7	Upgrade
EBIT Margin	9.73%	11.99%	12.59%	11.53%	4.56%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).