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Avery Dennison Corp. (AVY)
NYSE:AVY
US Market
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Avery Dennison (AVY) Operating Margin by Segment

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Operating Margin by Segment

Highlights the profitability ratio of each segment, offering a detailed view of which parts of the business are most financially efficient.
Margins are bifurcated: Materials is the clear profit engine—steady margin expansion from productivity and pricing drove recent outperformance and strong cash generation—while Solutions is volatile and structurally weaker, pressured by base‑category softness, higher employee/investment costs and Intelligent Labels/logistics headwinds. Management’s pricing, procurement and >$55M restructuring targets should fuel sequential margin recovery, but Solutions’ destocking risk and inflation timing are the key swing factors for company‑level upside.
Date
Materials Group
Solutions Group
Jun 30, 2026
15.608.90
Mar 31, 2026
15.419.00
Dec 31, 2025
14.1811.24
Sep 30, 2025
12.1810.00
Jun 30, 2025
16.098.90
Mar 31, 2025
15.268.70
Dec 31, 2024
14.0011.40
Sep 30, 2024
14.509.70
Jun 30, 2024
14.409.30
Mar 31, 2024
15.108.60