Avery Dennison Corp (AVY) Form 10-Q — Aug 4, 2026
Avery Dennison's second-quarter 2026 net sales rose 11% year over year to $2,462.9 million with organic sales up 8%, and net income increased to $204.1 million from $189.0 million; diluted EPS grew to $2.67 from $2.41. Growth was led by the Materials Group, where Q2 organic sales rose 10% on higher volume partly tied to customer inventory stocking and pricing actions, while Solutions Group organic sales rose a more modest 3%, with company-wide intelligent labels revenue up a low single digit rate.
Key figures
- Eps
- 2.67
- Net Income
- 204.1
- Total Debt
- $3.68 billion (carrying value at June 30, 2026)
- Revenue Yoy
- 11% (Q2 reported net sales change)
- Cash Position
- 227.3
- Shares Outstanding
- 75788142
- Q2 Buybacks Shares
- 821.7 thousand at average $161.49
- Wiliot Investment
- approximately $75 million minority investment
- Six Month Net Income
- 372.2
- Effective Tax Rate Q2
- 27.8% vs 26.0% prior year
- Six Month Diluted Eps
- 4.85
- Q2 Organic Sales Change
- 8%
- International Sales Pct
- 69%
- Quarterly Dividend Rate
- $1.00 per share (raised from $0.94, ~6% increase in April 2026)
- Revolving Credit Facility
- $1.20 billion (no balance outstanding)
- Materials Group Q2 Net Sales
- 1796.1
- Six Month Share Repurchases
- 198.2
- Solutions Group Q2 Net Sales
- 666.8
- Six Month Operating Cash Flow
- 544.7
- Six Month Organic Sales Change
- 4%
- Operational Working Capital Pct
- 13.2% vs 15.2% prior year
- Materials Group Q2 Organic Change
- 10%
- Remaining Buyback Authorization
- $333.0 million
- Solutions Group Q2 Organic Change
- 3%
- Prior Year Six Month Operating Cash Flow
- 192.5
Price after filing
Close on the filing date to close N calendar days later (from $173.30). Historical, not a forecast.
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