AVY Avery Dennison

FY2024 10-K
Filed: Feb 26, 2025
Materials
Converted Paper & Paperboard Prods (No Contaners/Boxes)SEC EDGAR

Avery Dennison (AVY) filed its fiscal year 2024 10-K annual report with the SEC on Feb 26, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2024 10-K

Business Overview

  • Core business: global materials science and digital identification solutions serving diverse industries with labeling, branding, RFID, and supply chain optimization products
  • New emphasis on sustainable innovation including circular economy products and RFID digital identity solutions expanding in retail and logistics sectors
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Management Discussion & Analysis

  • Revenue $8.76B in 2024, up 5% YoY; organic sales up 5%, net sales ex. currency down 1%
  • Gross profit margin 28.9% in 2024 vs 27.2% in 2023; driven by productivity initiatives and higher volume
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Risk Factors

  • Regulatory risk from cybersecurity oversight by Audit Committee under SEC guidance on risk governance
  • Geopolitical threat from cyber threats necessitating risk intelligence from governmental and private sector sources
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Financial Summary
XBRL

Revenue

$8.8B

Net Income

$705M

Gross Margin

28.9%

Net Margin

8.1%

ROE

30.5%

Total Assets

$8.4B

EPS (Diluted)

$8.73

Operating Cash Flow

$939M

Source: XBRL data from Avery Dennison FY2024 10-K filing on SEC EDGAR. All figures in USD.

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