Avery Dennison Corp (AVY)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 704,900 | 674,000 | 630,600 | 554,200 | 503,000 | 482,800 | 566,000 | 680,100 | 757,100 | 816,900 | 759,500 | 728,800 | 740,100 | 748,900 | 735,300 | 631,200 | 555,900 | 526,900 | 521,000 | 584,700 |
| Revenue (ttm) | US$ in thousands | 8,755,700 | 8,680,500 | 8,595,400 | 8,450,600 | 8,364,300 | 8,279,700 | 8,498,500 | 8,755,000 | 9,039,300 | 9,196,600 | 8,951,300 | 8,706,300 | 8,408,300 | 8,216,000 | 7,873,300 | 7,299,800 | 6,971,500 | 6,753,500 | 6,785,800 | 7,053,000 |
| Net profit margin | 8.05% | 7.76% | 7.34% | 6.56% | 6.01% | 5.83% | 6.66% | 7.77% | 8.38% | 8.88% | 8.48% | 8.37% | 8.80% | 9.12% | 9.34% | 8.65% | 7.97% | 7.80% | 7.68% | 8.29% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $704,900K ÷ $8,755,700K
= 8.05%
Avery Dennison Corp's net profit margin has shown some fluctuations over the analyzed period, ranging from 5.83% to 9.34%. The net profit margin measures the company's profitability by indicating the percentage of revenue that translates into profit after all expenses have been deducted.
The trend indicates that the net profit margin generally improved from March 2020 to June 2021, reaching a peak of 9.34% in June 2021. However, there was a slight decrease in the margin in the subsequent quarters until December 2021.
From March 2022 onwards, the net profit margin fluctuated within a narrower range between 6.56% and 8.88%. Notably, the margin increased significantly to 8.88% in September 2022 before moderating again in the following quarters.
Overall, Avery Dennison Corp's net profit margin shows a pattern of variability, which may be influenced by factors such as operating expenses, revenue fluctuations, and cost management strategies. It is essential for stakeholders to monitor these trends to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2024