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Avery Dennison AVY Solutions Group — Goodwill

Other segment segments

Materials Group
$880.9M+42.8%

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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$13.31B+1.8%
Enterprise value$16.84B+2.7%
P/E19.3×+0.9×
P/S1.5×0.0×

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:Goodwill.

The source filing: Avery Dennison’s 10-Q, filed May 5, 2026.

Filed
May 4, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000008818-26-000109
(In millions)Materials GroupSolutions GroupTotal
Goodwill as of December 31, 2025$886.0$1,386.5$2,272.5
Acquisition adjustments(1).2.2
Translation adjustments(5.3)(4.4)(9.7)
Goodwill as of March 31, 2026$880.9$1,382.1$2,263.0

Cover / Front Matter

FAQ

What is Avery Dennison's solutions group — goodwill?
Avery Dennison (AVY) reported solutions group — goodwill of $1.38B in Q1 2026.
How has Avery Dennison's solutions group — goodwill changed year-over-year?
Avery Dennison's solutions group — goodwill increased by 0.6% year-over-year, from $1.37B to $1.38B.
What is the long-term trend for Avery Dennison's solutions group — goodwill?
Over 2 years (2023 to 2025), Avery Dennison's solutions group — goodwill has grown at a 1.5% compound annual growth rate (CAGR), from $5.37B to $5.53B.
What does solutions group — goodwill mean?
Represents the intangible asset value recorded when the Solutions Group segment acquires another business for a price exceeding the fair market value of its net identifiable assets. This reflects the premium paid for brand reputation, customer relationships, and intellectual property within the segment's specific market niche.

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