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Avery Dennison AVY U.S. — Property, plant and equipment, net

Discontinued — last reported Q4 '23

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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:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.

The official record: Avery Dennison’s 10-K, filed February 21, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Avery Dennison's U.S. — property, plant and equipment, net?
Avery Dennison (AVY) reported U.S. — property, plant and equipment, net of $621.2M in Q4 2023.
What does U.S. — property, plant and equipment, net mean?
The current value of the company's U.S. factories and equipment after accounting for wear and tear.
How do you interpret U.S. — property, plant and equipment, net?
An increase indicates ongoing investment in manufacturing capacity, while a decrease relative to sales may suggest aging infrastructure or a shift toward outsourcing.
How does U.S. — property, plant and equipment, net compare across companies?
Comparable to net PP&E figures reported by manufacturing companies with significant domestic production footprints.