Avery Dennison
Avery Dennison returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
Operating income is unavailable in the extracted statements for this period.
ROCE
% · Annual / TTM
Operating income is unavailable in the extracted statements for this period.
ROIIC
% · Annual / TTM
Operating income is unavailable in the extracted statements for this period.
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Operating income is unavailable in the extracted statements for this period.
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | — | — | 31.16% | 7.93% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | — | — | 30.86% | 7.96% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | — | — | 30.21% | 8% | — |
| FY 2025 Q3 | Sep 27, 2025 | — | — | — | 30.21% | 8.03% | — |
| FY 2025 Q2 | Jun 28, 2025 | — | — | — | 31.68% | 8.43% | — |
| FY 2025 Q1 | Mar 29, 2025 | — | — | — | 31.95% | 8.41% | — |
| FY 2024 Q4 | Dec 28, 2024 | — | — | — | 31.75% | 8.49% | — |
| FY 2024 Q3 | Sep 28, 2024 | — | — | — | 30.24% | 8.13% | — |
| FY 2024 Q2 | Jun 29, 2024 | — | — | — | 29.31% | 7.61% | — |
| FY 2024 Q1 | Mar 30, 2024 | — | — | — | 26.1% | 6.73% | — |
| FY 2023 Q4 | Dec 30, 2023 | — | — | — | 24.18% | 6.23% | — |
| FY 2023 Q3 | Sep 30, 2023 | — | — | — | 23.72% | 5.97% | — |
| FY 2023 Q2 | Jul 1, 2023 | — | — | — | 28.64% | 6.92% | — |
| FY 2023 Q1 | Apr 1, 2023 | — | — | — | 34.22% | 8.31% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | — | — | 38.27% | 9.51% | — |
| FY 2022 Q3 | Oct 1, 2022 | — | — | — | 42.92% | 10.2% | — |
| FY 2022 Q2 | Jul 2, 2022 | — | — | — | 41.73% | 10.47% | — |
| FY 2022 Q1 | Apr 2, 2022 | — | — | — | 41.48% | 10.11% | — |
| FY 2021 Q4 | Jan 1, 2022 | — | — | — | 43.42% | 10.53% | — |
| FY 2021 Q3 | Oct 2, 2021 | — | — | — | 47.8% | 10.94% | — |
| FY 2021 Q2 | Jul 3, 2021 | — | — | — | 50.41% | 12.18% | — |
| FY 2021 Q1 | Apr 3, 2021 | — | — | — | 45.82% | 10.07% | — |
| FY 2020 Q4 | Jan 2, 2021 | — | — | — | 41.35% | 9.61% | — |
| FY 2020 Q3 | Sep 26, 2020 | — | — | — | 44.06% | 9.53% | — |
| FY 2020 Q2 | Jun 27, 2020 | — | — | — | 45.77% | 9.44% | — |
| FY 2020 Q1 | Mar 28, 2020 | — | — | — | 54.01% | 10.07% | — |
| FY 2019 Q4 | Dec 28, 2019 | — | — | — | 28.12% | 5.69% | — |
| FY 2019 Q3 | Sep 28, 2019 | — | — | — | 22.64% | 4.53% | — |
| FY 2019 Q2 | Jun 29, 2019 | — | — | — | 23.33% | 4.61% | — |
| FY 2019 Q1 | Mar 30, 2019 | — | — | — | 18.76% | 3.67% | — |
| FY 2018 Q4 | Dec 29, 2018 | — | — | — | 46.71% | 9.06% | — |
| FY 2018 Q3 | Sep 29, 2018 | — | — | — | 28.48% | 5.95% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | — | — | 25.77% | 5.26% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | — | — | 28.02% | 5.87% | — |
| FY 2017 Q4 | Dec 30, 2017 | — | — | — | 28.58% | 5.91% | — |
| FY 2017 Q3 | Sep 30, 2017 | — | — | — | 37.06% | — | — |
| FY 2017 Q2 | Jul 1, 2017 | — | — | — | 37.92% | — | — |
| FY 2017 Q1 | Apr 1, 2017 | — | — | — | 34.63% | — | — |
| FY 2016 Q4 | Dec 31, 2016 | — | — | — | 33.91% | 7.52% | — |
| FY 2016 Q3 | Oct 1, 2016 | — | — | — | 30.1% | — | — |
| FY 2016 Q2 | Jul 2, 2016 | — | — | — | 30.03% | — | — |
| FY 2016 Q1 | Apr 2, 2016 | — | — | — | 29.24% | — | — |
| FY 2015 Q4 | Jan 2, 2016 | — | — | — | 27% | — | — |
| FY 2015 Q3 | Oct 3, 2015 | — | — | — | 24.34% | — | — |
| FY 2015 Q2 | Jul 4, 2015 | — | — | — | 21.39% | — | — |
| FY 2015 Q1 | Apr 4, 2015 | — | — | — | 19.78% | — | — |
| FY 2014 Q4 | Jan 3, 2015 | — | — | — | 19.46% | — | — |
| FY 2014 Q3 | Sep 27, 2014 | — | — | — | 15.32% | — | — |
| FY 2014 Q2 | Jun 28, 2014 | — | — | — | 13.79% | — | — |
| FY 2014 Q1 | Mar 29, 2014 | — | — | — | 14.94% | — | — |
| FY 2013 Q4 | Dec 28, 2013 | — | — | — | 14.04% | — | — |
| FY 2013 Q3 | Sep 28, 2013 | — | — | — | 14.06% | — | — |
| FY 2013 Q2 | Jun 29, 2013 | — | — | — | 15.16% | — | — |
| FY 2013 Q1 | Mar 30, 2013 | — | — | — | 14.16% | — | — |
| FY 2012 Q4 | Dec 29, 2012 | — | — | — | 13.3% | — | — |
| FY 2012 Q3 | Sep 29, 2012 | — | — | — | 11.31% | — | — |
| FY 2012 Q2 | Jun 30, 2012 | — | — | — | 10.67% | 3.46% | — |
| FY 2012 Q1 | Mar 31, 2012 | — | — | — | 11.12% | 3.64% | — |
| FY 2011 Q4 | Dec 31, 2011 | — | — | — | 11.51% | 3.77% | — |
| FY 2011 Q3 | Oct 1, 2011 | — | — | — | 17.2% | 5.49% | — |
| FY 2011 Q2 | Jul 2, 2011 | — | — | — | 18.45% | 5.7% | — |
| FY 2011 Q1 | Apr 2, 2011 | — | — | — | — | — | — |
| FY 2010 Q4 | Jan 1, 2011 | — | — | — | — | — | — |
| FY 2010 Q3 | Oct 2, 2010 | — | — | — | — | — | — |
| FY 2010 Q2 | Jul 3, 2010 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · AVY, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.