Avery Dennison Corp (AVY)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,115,400 | 963,800 | 1,083,400 | 1,062,800 | 856,700 |
| Revenue | US$ in thousands | 8,755,700 | 8,364,300 | 9,039,300 | 8,408,300 | 6,971,500 |
| Operating profit margin | 12.74% | 11.52% | 11.99% | 12.64% | 12.29% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,115,400K ÷ $8,755,700K
= 12.74%
The operating profit margin of Avery Dennison Corp has experienced fluctuations over the period from December 31, 2020, to December 31, 2024.
In December 2020, the operating profit margin was 12.29%, which increased slightly to 12.64% by December 2021. However, there was a decrease in the operating profit margin to 11.99% by December 2022, followed by a further decline to 11.52% by December 2023.
Despite the reductions in the two preceding years, the operating profit margin rebounded to 12.74% by December 2024. Overall, while there were fluctuations in the operating profit margin over the years, the positive trend seen towards the end of the period suggests a potential improvement in profitability for Avery Dennison Corp.
Peer comparison
Dec 31, 2024