Avery Dennison Corp (AVY)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,115,400 | 1,096,600 | 1,078,800 | 962,100 | 889,800 | 820,400 | 852,200 | 988,800 | 1,083,400 | 1,155,300 | 1,119,100 | 1,079,700 | 1,075,100 | 1,080,800 | 1,049,200 | 943,400 | 844,000 | 786,300 | 766,800 | 800,400 |
| 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 |
| Operating profit margin | 12.74% | 12.63% | 12.55% | 11.38% | 10.64% | 9.91% | 10.03% | 11.29% | 11.99% | 12.56% | 12.50% | 12.40% | 12.79% | 13.15% | 13.33% | 12.92% | 12.11% | 11.64% | 11.30% | 11.35% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,115,400K ÷ $8,755,700K
= 12.74%
Over the period from March 31, 2020, to December 31, 2024, Avery Dennison Corp's operating profit margin has shown some fluctuations. The operating profit margin started at 11.35% in March 2020, gradually increased to a peak of 13.33% in June 2021, and then experienced some minor fluctuations before stabilizing around 12% from June 2022 to September 2024.
However, in the most recent quarter, the operating profit margin decreased to 12.74% in December 2024 from 12.63% in September 2024. This slight decrease may indicate some challenges or changes in the company's operations or cost structure during that period. It would be important for stakeholders and investors to further investigate the reasons behind this decrease to assess the company's performance and profitability prospects going forward.
Peer comparison
Dec 31, 2024