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Avery Dennison AVY Business Segments

FY'25FY'24FY'23FY'22
Net Sales by Business
Materials Group$6.09B+1.3%$6.01B+3.5%$5.81B-10.5%$6.5B+4.6%
Solutions Group$2.76B+0.7%$2.74B+7.4%$2.55B+0.3%$2.54B+15.6%
Segment adjusted operating income by Business
Materials Group$922.2M-0.3%$924.7M+17.2%$789.2M-6.7%$845.9M
Solutions Group$286.3M-1.0%$289.3M+14.8%$252M-18.7%$310.1M
Segment expense by Business
Materials Group$5.17B+1.6%$5.09B+1.3%$5.02B-11.1%$5.65B
Solutions Group$2.48B+0.9%$2.45B+6.6%$2.3B+3.0%$2.23B
Depreciation and amortization expense by Business
Materials Group$137.4M+5.0%$130.9M+2.4%$127.8M-5.9%$135.8M-4.3%
Solutions Group$190.8M+5.2%$181.3M+6.3%$170.6M+10.1%$154.9M+51.6%
Restructuring Charges by Business
Materials Group$22.9M+302%$5.7M-89.1%$52.4M+5,340%-$1M-120%
Solutions Group$23.4M-34.6%$35.8M+54.3%$23.2M+194%$7.9M+3.9%
Translation adjustments by Business
Materials Group$42.8M+274%-$24.6M-$26.8M+1.5%
Solutions Group$16.4M+262%-$10.1M-340%$4.2M+152%-$8.1M+21.4%
Goodwill by Business
Materials Group$2.79B+12.8%$2.47B-0.8%$2.49B
Solutions Group$5.53B+0.6%$5.5B+2.4%$5.37B
CapEx by Business
Materials Group$96.2M-0.1%$96.3M-18.3%$117.8M-23.3%$153.5M-9.9%
Solutions Group$75.1M-37.8%$120.8M-18.8%$148.7M+3.3%$144M+49.5%
Net Sales by Product
Apparel and other$1.81B-3.5%$1.88B+12.9%$1.66B-10.2%$1.85B
Identification Solutions and Vestcom$950.4M+9.8%$865.9M-2.7%$890.1M+28.4%$693M+91.1%
Labels, graphics and reflectives$5.33B+1.3%$5.27B+3.7%$5.08B-11.3%$5.73B+5.4%
Performance materials$547.2M+5.9%$516.6M-1.2%$522.8M
Net Sales by Geography
Europe, the Middle East and North Africa$2.46B+1.6%$2.42B+4.9%$2.31B-14.0%$2.68B+5.6%
Latin America$567.3M-5.4%$599.8M+3.0%$582.3M-3.9%$605.7M+12.7%
North America$1.94B+3.4%$1.88B+1.8%$1.85B
U.S.$2.75B+5.3%$2.61B+1.4%$2.58B+0.5%$2.57B+24.2%

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Questions, answered.

How does Avery Dennison break its business down?
Avery Dennison (AVY) reports net sales by business across 2 parts — Materials Group and Solutions Group. Each is extracted from the segment footnotes and tracked over time.
Where does Avery Dennison's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Avery Dennison's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.