NYSE$AVY

Avery Dennison Corp · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Avery Dennison's Q4 2024 performance was marked by increased sales and earnings, driven by strong results in both Materials and Solutions Groups.

Avery Dennison reported a 3.6% increase in net sales to $2.2 billion and a 10% increase in adjusted EPS to $2.38 for Q4 2024. The company's Materials and Solutions Groups both contributed to the strong performance.

  • Reported EPS increased to $2.16, while adjusted EPS reached $2.38, up 10%.
  • Net sales grew by 3.6% to $2.2 billion.
  • The Materials Group reported a 4% increase in sales, reaching $1.5 billion.
  • The Solutions Group reported a 3% increase in sales, totaling $714 million.

Headline financials

Total Revenue

$2.19B

Previous: $2.11B+3.6%
EPS (adj)

$2.38

Previous: $2.16+10.2%
Organic Sales Change

1.3%

No prior period
Adjusted Operating Margin

12.8%

No prior period
Adjusted EBITDA Margin

16.4%

No prior period
FY Adjusted EBITDA Margin

16.4%

No prior period
Capital Expenditures

-$78.4M

Previous: -$96.8M+19.0%
Net Income

$174M

Previous: $143M+21.6%
Operating Income

$263M

Previous: $220M+19.4%
Gross Profit

$609M

Previous: $596M+2.2%

Revenue & EPS history

Avery Dennison · Revenue · Quarterly

$2.19B

Q4 2024+3.6%vs Q4 2023
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Forward guidance

The company expects 2025 reported earnings per share of $9.55 to $9.95. Excluding an estimated $0.25 per share impact of restructuring charges and other items, the company expects 2025 adjusted earnings per share of $9.80 to $10.20.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+0.9%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+1.3%

Avg return

30 days after

55%

37 / 67 earnings

Positive

+10.1%

Q2 2022

Best reaction

-8.3%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.6%-1.2%-2.6%
Q4 2025+2.8%+1.4%-3.8%
Q3 2025+9.5%+10.4%+4.2%
Q2 2025+1.7%+1.7%-1.9%
Q1 2025-2.6%-2.6%+1.6%
Q4 2024-5.4%-5.3%-2.6%
Q3 2024-3.5%-2.5%-4.6%
Q2 2024-4.2%-4.7%-3.6%
Q1 2024+2.8%+3.3%+7.4%
Q4 2023-0.9%-2.6%+7.7%
Q3 2023-1.3%-0.3%+9.6%
Q2 2023+1.7%+3.9%+2.2%
Q1 2023-0.8%+2.3%-4.6%
Q4 2022-5.5%-4.2%-4.3%
Q3 2022-4.8%-4.2%+8.7%
Q2 2022+10.1%+10.9%+9.9%
Q1 2022+7.5%+7.1%+0.1%
Q4 2021-6.4%-12.1%-18.8%
Q3 2021+1.6%+3.5%+1.0%
Q2 2021+2.3%+2.5%+10.3%
Q1 2021+5.1%+4.6%+8.0%
Q3 2020+4.9%+3.7%+9.8%
Q2 2020-2.3%-5.9%-3.9%
Q1 2020-3.7%-6.8%-3.5%
Q4 2019+5.3%+3.7%-11.4%
Q3 2019+6.6%+7.7%+9.1%
Q2 2019+3.8%+4.4%+2.4%
Q1 2019-6.5%-5.5%-12.7%
Q4 2018+5.8%+5.0%+11.1%
Q3 2018-8.3%-9.1%-4.7%
Q2 2018+9.1%+9.2%+2.3%
Q1 2018+0.8%-0.6%+2.9%
Q4 2017+2.6%-3.0%-1.8%
Q3 2017+6.0%+6.5%+12.9%
Q2 2017-1.7%-2.1%-1.1%
Q1 2017+1.4%+1.4%+2.3%
Q4 2016+9.6%+8.9%+12.0%
Q3 2016-7.1%-7.9%-5.4%
Q2 2016+8.7%+7.8%+7.8%
Q1 2016+1.0%
Q4 2015+7.5%
Q3 2015+1.1%
Q2 2015+0.8%
Q1 2015+7.2%
Q4 2014-0.8%
Q3 2014+2.4%
Q2 2014-2.7%
Q1 2014-5.3%
Q4 2013-3.8%
Q3 2013+8.6%
Q2 2013-1.1%
Q1 2013+0.6%
Q4 2012+6.6%
Q3 2012+9.1%
Q2 2012+5.9%
Q1 2012-0.4%
Q4 2011+0.2%
Q3 2011-3.5%
Q2 2011-1.1%
Q4 2008+1.1%
Q1 2011-1.2%
Q3 2010+0.2%
Q3 2009+0.2%
Q2 2010-4.5%
Q4 2010-4.5%
Q2 2009-4.5%
Q1 2010-1.9%

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