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Avery Dennison AVY Industrial and Healthcare Materials — Acquisition adjustment

Discontinued — last reported Q3 '22

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Other financials

Income statement

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Revenue$2.3B+7.0%
Gross profit$664.8M+7.0%
Net income$168.1M+1.1%
EPS (diluted)$2.18+4.3%

Balance sheet

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Cash & equivalents$255.1M+30.2%
Total debt$3.8B+9.6%
Total equity$2.3B+6.0%
Total assets$9.0B+7.5%

Cash flow

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Operating cash flow$136.5M+937%
CapEx$28.3M-21.4%
Free cash flow$108.2M+307%

Valuation

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Market cap$12.14B-5.5%
Enterprise value$15.67B-2.9%
P/E17.6×-0.8×
P/S1.4×-0.1×

Profitability

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Gross margin28.8%0.0pp
Net margin7.7%-0.3pp
FCF margin9.7%+2.8pp

Returns & leverage

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Return on equity30.9%-1.1pp
Debt / equity1.6×+0.1×
Current ratio1.1×+0.1×

Where this comes from

Reported directly by Avery Dennison in its filing.

Tagged under the XBRL concept us-gaap:GoodwillPurchaseAccountingAdjustments.

The official record: Avery Dennison’s 10-Q, filed November 1, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is Avery Dennison's industrial and healthcare materials — acquisition adjustment?
Avery Dennison (AVY) reported industrial and healthcare materials — acquisition adjustment of $0 in Q3 2022.
What does industrial and healthcare materials — acquisition adjustment mean?
Accounting corrections or refinements made to the value of assets and liabilities acquired for the Industrial and Healthcare Materials segment.
How do you interpret industrial and healthcare materials — acquisition adjustment?
Significant adjustments may indicate complexity in integrating acquisitions or revisions to initial fair value estimates.
How does industrial and healthcare materials — acquisition adjustment compare across companies?
Similar to 'Purchase Price Allocation Adjustments' or 'Acquisition-related fair value adjustments' at peer firms.