OakChart

Avery Dennison Corp

AVYConsumer Cyclical·Packaging & Containers·USA·Large·NYSE·Nov 11 • 8:40 AM ET

187.51-1.53 (-0.81%)
2026-11-11 14:54 CET
Market cap
14,274.68 USD m
Revenue, TTM
9,364.10 USD m
Net income, TTM
708.30 USD m
Free cash flow, TTM
1,038.10 USD m
EPS diluted, TTM
9.24
P/E
20.29
Compare

Price

AVY against its 20, 50 and 200-day averages
2050200beatmiss
150.00160.00170.00180.00190.003.7M7.3MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26AVYclose 187.5120-day 183.3350-day 175.61200-day 172.04187.51

6.0% under 199.54 on 24 Feb 2026. Last 15 sessions, 10.0% high to low

Profile

AVY
52-week range, 74% of the way up
152.42199.54

Avery Dennison Corp. engages in the provision of labeling and packaging materials and solutions. It operates through the following business segments: Materials Group and Solutions Group. The Materials Group segment manufactures and sells pressure-sensitive label materials, films for graphic and reflective products, performance tapes and other adhesive products for industrial, medical and other applications, as well as fastener solutions. The Solutions Group segment designs, manufactures and sells a wide variety of branding and information solutions, including brand and price tickets, tags and labels, and related services, supplies and equipment. The company was founded by R. Stanton Avery in 1935 and is headquartered in Mentor, OH.

IndexS&P 500, RUI
Employees35000
IPOJun 20, 1967
Beta0.77
ATR, 14d4.65
Rel volume0.05
Short float2.79%
Insider own0.65%
Inst own99.09%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap14.16B
Enterprise Value17.46B
Income708.30M
Sales9.36B
Book/sh31.59
Cash/sh4.22
Dividend Est.3.97 (2.12%)
Dividend TTM3.88 (2.07%)
Dividend Ex-DateDec 02, 2026
Dividend Gr. 3/5Y8.09% 9.41%
Payout42.11%
Employees35000
IPOJun 20, 1967

Ratios

P/E20.29
Forward P/E16.93
PEG1.97
P/S1.51
P/B5.94
P/C44.46
P/FCF13.64
EV/EBITDA11.18
EV/Sales1.86
Quick Ratio0.80
Current Ratio1.16
Debt/Eq1.51
LT Debt/Eq1.33
Option/ShortYes / Yes

Earnings

EPS (ttm)9.24
EPS next Y11.08
EPS next Q2.41
EPS this Y6.93%
EPS next Y8.71%
EPS next 5Y8.57%
EPS past 3/5Y-1.56% 5.86%
Sales past 3/5Y-0.68% 4.90%
EPS Y/Y TTM4.93%
Sales Y/Y TTM6.77%
EPS Q/Q4.87%
Sales Q/Q5.24%
EarningsOct 29 BMO
EPS/Sales Surpr.4.13% 3.01%

Ownership

Insider Own0.65%
Insider Trans-1.92%
Inst Own99.09%
Inst Trans-1.97%
ROA7.85%
ROE30.80%
ROIC12.73%
Gross Margin28.83%
Oper. Margin13.09%
Profit Margin7.56%
SMA202.28%
SMA506.78%
SMA2008.99%
Trades-

Technical

Shs Outstand75.60M
Shs Float75.02M
Short Float2.79%
Short Ratio2.51
Short Interest2.09M
52W High199.54 -6.03%
52W Low152.42 23.02%
Volatility3.09% 2.36%
ATR (14)4.65
RSI (14)60.55
Beta0.77
Rel Volume0.05
Avg Volume835.07K
Volume2,204

Performance

Perf Week-2.64%
Perf Month9.83%
Perf Quarter4.17%
Perf Half Y18.12%
Perf YTD3.10%
Perf Year7.57%
Perf 3Y4.12%
Perf 5Y-15.48%
Perf 10Y169.60%
Recom1.77
Target Price203.30
Prev Close189.04
Price187.51
Change %-0.81%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Apr 01, 2026InitiatedDDeutsche BankBuy$200+6.7%
Oct 28, 2025UpgradeAArgusHold → Buy
Oct 23, 2025UpgradeUUBSNeutral → Buy$218+16.3%
Oct 23, 2025UpgradeJJP MorganNeutral → Overweight$195+4.0%
Apr 24, 2025DowngradeJJP MorganOverweight → Neutral$172-8.3%
Apr 22, 2025InitiatedJJefferiesHold$175-6.7%
Jan 31, 2025UpgradeJJP MorganNeutral → Overweight$210 → $205+9.3%
Oct 24, 2024DowngradeJJP MorganOverweight → Neutral$230 → $210+12.0%
Oct 17, 2024UpgradeBBofA SecuritiesUnderperform → Buy$207 → $250+33.3%
Oct 07, 2024InitiatedBBarclaysOverweight$250+33.3%

Peers

Mkt cap
TickerCompanyMkt cap
AMCRAmcor Plc20.74B
SONSonoco Products Co4.93B
SLGNSilgan Holdings Inc4.42B
PKGPackaging Corp Of America22.65B
IPInternational Paper Co18.59B
GPKGraphic Packaging Holding Co3.33B
SWSmurfit WestRock plc23.20B
BALLBall Corp17.38B
CCKCrown Holdings Inc13.32B
ZBRAZebra Technologies Corp15.13B

Insider trading

latest 14 of 38
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Lopez Andres AlbertoDirectorNov 05 '26Sale193.804,000775,2081,147Nov 06 05:52 PM
Lopez Andres AlbertoDirectorNov 05 '26Proposed Sale193.804,000775,209Nov 05 11:42 AM
Colisto NicholasSVP & CIOSep 15 '26Sale170.683,886663,2647,126Sep 16 04:21 PM
Colisto NicholasOfficerSep 15 '26Proposed Sale170.683,886663,264Sep 15 01:18 PM
Walker Ignacio JSVP and Chief Legal OfficerAug 04 '26Sale171.611,742298,9457,585Aug 05 06:24 PM
Walker Ignacio JOfficerAug 04 '26Proposed Sale171.611,742298,945Aug 04 01:25 PM
Yost Ryan DFormer OfficerAug 03 '26Proposed Sale172.264,889842,179Aug 03 12:40 PM
Flitman David EDirectorJul 23 '26Option Exercise156.11765119,424765Jul 27 10:21 AM
Alford Bradley ADirectorMay 01 '26Option Exercise164.011,087178,27928,093May 04 05:47 PM
Wagner William RaymondDirectorMay 01 '26Option Exercise164.011,087178,2793,412May 04 05:45 PM
Siewert PatrickDirectorMay 01 '26Option Exercise164.011,087178,27919,611May 04 05:44 PM
Reverberi FrancescaDirectorMay 01 '26Option Exercise164.011,087178,2792,464May 04 05:42 PM
MEJIA MARIA FERNANDADirectorMay 01 '26Option Exercise164.011,087178,2792,063May 04 05:40 PM
Lopez Andres AlbertoDirectorMay 01 '26Option Exercise164.011,087178,2795,147May 04 05:37 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 689.41B
VOOVanguard S&P 500 ETFAUM: 1057.81B
VBVanguard Morningstar Small-Cap ETFAUM: 79.96B
RSPInvesco S&P 500 Equal Weight ETFAUM: 104.22B
IVViShares Core S&P 500 ETFAUM: 875.00B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.82B
XLBState Street Materials Select Sector SPDR ETFAUM: 8.60B
SPYSPDR S&P 500 ETF TrustAUM: 791.88B
VIGVanguard Dividend Appreciation FTFAUM: 116.72B
IWRiShares Russell Mid-Cap ETFAUM: 58.75B

News

latest 14 of 206
  • Avery Dennison Announces Cash Tender Offer for Its Senior Notes (Business Wire)
  • Avery Dennison Beats On Slower Destocking And Buybacks, But Walmart RFID Delay And Margin Squeeze Temper The Quarter (Earnings Whispers)
  • Avery Dennison: Q3 Earnings Snapshot (Associated Press)
  • Avery Dennison Announces Third Quarter 2026 Results (Business Wire)
  • Q3 Peak Season Arrives: Strong Beats, Sky-High AI Scrutiny (Wall Street Horizon)
  • Loading…
  • Avery Dennison Declares Quarterly Dividend (Business Wire)
  • Avery Dennison's Pre-Buy Hangover Arrives As Street Tests Its Reinstated Full-Year Outlook (Earnings Whispers)
  • Avery Dennison Names Helen Sheirbon President, Solutions Group (Business Wire)
  • Avery Dennison to Webcast Third Quarter 2026 Earnings Conference Call (Business Wire)
  • Avery Dennison to Host High-Value Category Investor Showcase (Business Wire)
  • CFOs On the Move: Week ending Aug. 7 (CFO.com)
  • Avery Dennison Corp (AVY) (Q2 2026) Earnings Call Highlights: Strong Organic Growth and Margin ... (GuruFocus.com)
  • Avery Dennison: Q2 Earnings Snapshot (Associated Press)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-292.4202.3242.2402,3322,26310
2026Q22026-07-302.8902.4692.6722,4632,2968
2026Q12026-04-282.4702.4262.1832,2992,26010
2025Q42026-02-042.4502.3962.1502,2712,28310
2025Q32025-10-222.3702.3262.1322,2162,21810
2025Q22025-07-222.4202.3942.4142,2212,24310
2025Q12025-04-232.3002.3162.0952,1482,15110
2024Q42025-01-302.3802.3772.1642,1862,1889
2024Q32024-10-232.3302.3252.2492,1832,2009
2024Q22024-07-232.4202.2552.1832,2352,1826
2024Q12024-04-242.2902.1552.1282,1512,1519
2023Q42024-01-312.1602.1661.7672,1112,0969
2023Q32023-10-252.1002.1001.7072,0982,1719
2023Q22023-07-251.9202.0471.2402,0912,15310
2023Q12023-04-261.7001.6921.4872,0652,17611
2022Q42023-02-021.6502.0241.5062,0262,15712

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY5.0004.9303.1286,6146,577
2018FY6.0606.0405.2757,1597,178
2019FY6.6006.5473.5727,0707,077
2020FY7.1006.8846.6106,9726,875
2021FY8.9108.9188.8328,4088,346
2022FY9.1509.5469.2119,0399,175
2023FY7.9007.8856.2028,3648,361
2024FY9.4309.4248.7358,7568,756
2025FY9.5309.4918.7908,8568,867
2026FY-10.191--9,383
2027FY-11.079--9,642
2028FY-12.197--9,978

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-10-3010372,2902,2352,354
2026Q4S2026-10-2910362,2972,2582,354
2026Q4S2026-10-1510002,3202,2662,368
2026Q4S2026-10-1310002,3202,2662,368
2026Q4S2026-10-1210172,3202,2662,368
2026Q4S2026-10-0510172,3202,2662,368
2026Q4S2026-10-0210172,3192,2492,368
2026Q4S2026-09-0810172,3212,2492,368
2026Q4S2026-07-3010172,3212,2492,368
2026Q4S2026-07-2910012,3502,3022,410
2026Q4S2026-07-1410012,3502,3022,410
2026Q4S2026-07-1210002,3532,3022,410
2026Q4S2026-07-0810202,3532,3022,410
2026Q4S2026-07-0310202,3562,3022,410

Estimate history

EPS, annual3.1285.2753.5726.618.8329.2116.2028.7358.7879.2403
Period201720182019202020212022202320242025TTM
EPS, quarterly2.2492.1642.0952.4142.1322.152.1832.6722.236
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual6613.871597070.16971.58408.39039.38364.38755.78855.59364.1
Period201720182019202020212022202320242025TTM
Sales, quarterly2183.42185.72148.32220.52215.52271.22298.52462.92331.5
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual88.01284.72483.36783.15182.60680.8180.49679.876.87775.604
Period201720182019202020212022202320242025MRQ
Shares, quarterly80.44179.878.55278.04577.54576.87776.66275.90375.604
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue9,364.108,855.508,755.708,364.309,039.308,408.306,971.507,070.107,159.00
Cost of Goods Sold Incl. D&A6,664.406,308.306,228.206,090.206,640.706,099.105,050.205,166.405,249.40
Gross Profit2,699.702,547.202,527.502,274.102,398.602,309.201,921.301,903.701,909.60
Selling, General and Administrative Excl. Other1,474.101,424.401,400.101,319.201,326.501,269.501,046.301,083.901,100.50
Research and Development-136.60137.80135.80136.10136.60112.8092.6098.20
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income1,225.601,122.801,127.40954.901,072.101,039.70875.00819.80809.10
Interest Expense144.40135.40117.00119.0084.1070.2070.0075.8058.50
Unusual Expense114.6060.5048.00140.1013.0011.7071.8054.4095.10
Net Income Before Taxes972.10925.10953.50694.70999.30992.60737.30249.50554.80
Income Taxes263.80237.10248.60191.70242.20248.60177.70-56.7085.40
Consolidated Net Income708.30688.00704.90503.00757.10740.10555.90303.60467.40
Net Income From Continuing Operations708.30688.00704.90503.00757.10740.10555.90303.60467.40
Net Income708.30688.00704.90503.00757.10740.10555.90303.60467.40
EPS (Recurring)10.399.339.157.419.328.937.214.026.03
EPS (Basic, Before Extraordinaries)9.278.818.776.239.288.936.673.615.35
EPS (Diluted)9.248.798.736.209.218.836.613.575.28
EBITDA1,562.001,451.001,439.601,253.301,362.801,283.801,080.30998.80990.10
Non-Operating Income (Expense)5.50-1.80-8.90-1.1024.3034.804.10-440.10-100.70
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense-24.7026.1019.9037.4532.6021.1030.2029.60
Price To Earnings Ratio20.4620.4622.4734.0318.3024.5123.4536.6417.03
Price To Sales Ratio1.381.611.741.961.652.161.871.581.10
Gross Margin28.8328.7628.8727.1926.5427.4627.5626.9326.67
Operating Margin13.0912.6812.8811.4211.8612.3712.5511.6011.30
Net Margin7.567.778.056.018.388.807.974.296.53
Shares Outstanding75.6076.8879.8080.5080.8182.6183.1583.3784.72
Market Capitalization14,274.6814,274.6815,035.2216,280.2114,655.3917,931.0412,938.9210,923.867,789.16

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue2,331.502,462.902,298.502,271.202,215.502,220.502,148.302,185.70
Cost of Goods Sold Incl. D&A1,676.701,733.501,633.701,620.501,580.501,581.401,526.801,576.50
Gross Profit654.80729.40664.80650.70635.00639.10621.50609.20
Selling, General and Administrative Excl. Other377.90387.30401.60307.30351.40398.80366.90329.30
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income276.90342.10263.20343.40283.60240.30254.60279.90
Interest Expense35.7035.9035.6037.2033.3034.0030.9029.20
Unusual Expense4.5026.60-10.5094.0019.00-38.40-15.0017.20
Net Income Before Taxes241.20282.70240.40207.80234.80255.50227.00241.40
Income Taxes71.5078.6072.3041.4068.5066.5060.7067.40
Consolidated Net Income169.70204.10168.10166.40166.30189.00166.30174.00
Net Income From Continuing Operations169.70204.10168.10166.40166.30189.00166.30174.00
Net Income169.70204.10168.10166.40166.30189.00166.30174.00
EPS (Recurring)2.282.922.093.002.302.071.962.31
EPS (Basic, Before Extraordinaries)2.242.672.192.162.132.422.102.18
EPS (Diluted)2.242.672.182.152.132.412.092.16
EBITDA362.50420.60350.00428.90367.60313.90332.50358.10
Non-Operating Income (Expense)4.503.102.30-4.403.5010.80-11.707.90
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense---6.77----
Price To Earnings Ratio20.4618.2919.6420.6618.1820.1920.4022.47
Price To Sales Ratio1.381.341.481.591.431.571.591.73
Gross Margin28.0829.6228.9228.6528.6628.7828.9327.87
Operating Margin11.8813.8911.4515.1212.8010.8211.8512.81
Net Margin7.288.297.317.337.518.517.747.96
Shares Outstanding75.6075.9076.6676.8877.5578.0478.5579.80
Market Capitalization14,274.6812,418.2213,275.2814,058.4912,646.2813,717.4714,053.5815,035.22

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments249.70367.20250.10197.80196.10284.90284.30258.10246.70
Short Term Receivables1,511.401,471.401,420.201,377.601,438.601,248.001,233.501,239.701,227.60
Inventories975.80978.10920.701,009.90907.20717.20663.00651.40609.60
Other Current Assets253.40262.00205.00196.70192.70166.10159.80148.80154.00
Total Current Assets2,990.303,078.702,796.002,782.002,734.602,416.202,340.602,298.002,237.90
Net Property, Plant & Equipment1,823.501,814.201,826.001,701.901,660.701,505.001,348.801,137.401,097.90
Total Investments and Advances60.6055.9073.3085.5049.305.308.806.709.10
Intangible Assets3,217.602,842.202,967.202,811.002,916.201,497.701,210.101,221.301,278.50
Deferred Tax Assets125.30110.00115.70115.10130.20197.70225.40205.30196.30
Other Assets584.40503.20431.60455.00480.60462.00355.10308.80317.20
Total Assets8,801.708,404.208,209.807,950.507,971.606,083.905,488.805,177.505,136.90
Short Term Debt Incl. Current Port. of LT Debt576.00641.90667.60641.00366.10109.00481.60194.60265.40
Accounts Payable1,261.701,340.701,277.101,339.301,298.801,050.901,066.101,030.501,007.20
Income Tax Payable86.1074.7057.6076.2074.9086.3071.4058.1049.20
Other Current Liabilities729.80805.30697.20743.30808.10679.80634.70710.80650.00
Total Current Liabilities2,653.602,862.602,699.502,799.802,547.901,926.002,253.801,994.001,971.80
Long Term Debt3,377.602,736.002,774.402,617.102,921.202,168.101,598.201,771.601,316.30
Provision for Risks Charges82.00124.90127.50116.80180.20215.80193.900.000.00
Deferred Tax Liabilities----238.50117.30--173.30
Other Liabilities446.40368.40480.50384.60159.40171.80238.90456.80802.60
Total Liabilities6,559.606,091.906,081.905,918.306,047.204,599.004,284.804,222.404,090.70
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity2,242.102,312.302,127.902,032.201,924.401,484.901,204.00955.101,046.20
Total Shareholders Equity2,242.102,312.302,127.902,032.201,924.401,484.901,204.00955.101,046.20
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity2,242.102,312.302,127.902,032.201,924.401,484.901,204.00955.101,046.20
Total Liabilities & Stockholders Equity8,801.708,404.208,209.807,950.507,971.606,083.905,488.805,177.505,136.90
Book Value Per Share29.1628.9826.4325.1523.3017.8614.4411.2711.89
Tangible Book Value Per Share-12.69-6.64-10.43-9.64-12.01-0.15-0.07-3.14-2.64
Full-Time Employees35,00035,00035,00036,00036,00032,00030,00030,18030,000
Price to Book Ratio5.986.297.897.319.308.699.067.978.91
Return on Assets8.008.496.239.5110.539.615.699.065.91
Return on Equity30.2131.7524.1838.2743.4241.3528.1246.7128.58
Return on Invested Capital12.2413.9610.2616.2815.2715.2210.8317.1411.93
Quick Ratio0.760.730.690.630.720.880.740.830.83
Current Ratio1.131.081.040.991.071.251.041.151.13

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income708.30688.00704.90503.00757.10740.10555.90303.60467.40
Depreciation344.30328.20312.20298.40290.70244.10205.30179.00181.00
Other Funds (Non Cash)131.20127.90143.30109.30121.0084.60133.40565.60234.00
Funds from Operations1,151.501,124.201,141.90886.301,187.201,071.40903.90831.30849.70
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital68.80-242.80-203.10-60.30-226.20-24.60-152.60-84.80-391.80
Income Taxes Payable--5.1040.20-18.7018.90-7.30-35.205.40-35.50
Cash from Operating Activities1,220.30881.40938.80826.00961.001,046.80751.30746.50457.90
Capital Expenditures-211.20-200.40-239.80-285.10-298.50-272.10-218.60-257.20-256.60
Net Assets From Acquisitions-472.60-401.80-3.80-224.90-39.50-1,477.60-350.40-6.50-3.80
Sale of Fixed Assets and Businesses4.3022.600.601.003.408.709.207.809.40
Purchase or Sale of Investments0.000.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.00--
Other Uses-26.10-26.10-34.200.000.000.000.000.000.00
Other Sources19.409.7034.1050.001.903.105.604.9018.50
Cash from Investing Activities-686.20-596.00-243.10-459.00-332.70-1,737.90-554.20-251.00-232.50
Cash Dividends Paid-296.30-288.40-277.50-256.70-238.90-220.60-196.80-189.70-175.00
Change in Capital Stock-375.90-572.30-247.50-137.50-379.50-180.90-104.30-237.70-392.90
Repurchase of Common Pref Stock-375.90-572.30-247.50-137.50-379.50-180.90-104.30-237.70-392.90
Sale of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-135.60439.60-37.90102.4028.301,037.50113.10-23.90409.30
Change in Long Term Debt-7.0017.10231.10139.00-6.30778.30223.50-18.60486.90
Issuance of Long Term Debt-0.30576.50539.20394.900.00791.70993.700.00493.30
Reduction of Long Term Debt-6.70-559.40-308.10-255.90-6.30-13.40-770.20-18.60-6.40
Net Financing Active Other Cash Flow8.206.20-13.20-25.40-25.10-31.70-19.70-19.00-49.50
Other Financing Activities Uses-24.60-26.60-13.20-25.40-25.10-31.70-19.70-19.00-49.50
Cash from Financing Activities-799.60-414.90-576.10-317.20-615.20604.30-207.70-470.30-208.10
Exchange Rate Effect0.603.20-5.50-2.00-8.60-2.809.20-3.50-9.70
Net Change in Cash-264.90-126.30114.1047.804.50-89.60-1.4021.707.60
Free Cash Flow1,038.10712.40730.00560.70682.90791.80549.90527.10231.20
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow17.4633.5933.6253.9333.5131.7736.9433.16140.04
Deferred Taxes & Investment Tax Credit--19.90-18.50-24.4018.402.609.30-216.90-32.70

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments318.50274.70256.50249.70581.70255.70
Short Term Receivables1,716.101,802.901,652.701,511.401,634.801,632.30
Inventories1,048.201,031.70989.40975.801,037.401,026.90
Other Current Assets300.90291.20320.90253.40269.80268.90
Total Current Assets3,383.703,400.503,219.502,990.303,523.703,183.80
Net Property, Plant & Equipment1,558.701,565.101,573.501,823.501,579.901,604.20
Total Investments and Advances162.2028.7058.7060.6056.0055.00
Intangible Assets3,012.903,038.203,064.203,217.602,723.902,744.60
Deferred Tax Assets140.10139.80142.40125.30132.30131.60
Other Assets910.801,040.00920.30584.40851.10849.00
Total Assets9,168.409,212.308,978.608,801.708,866.908,568.20
Short Term Debt Incl. Current Port. of LT Debt440.80500.50605.00576.00578.80922.00
Accounts Payable1,465.901,524.701,329.501,261.701,303.201,307.50
Income Tax Payable---86.10--
Other Current Liabilities1,008.30979.80865.20729.80905.10832.60
Total Current Liabilities2,915.003,005.002,799.702,653.602,787.103,062.10
Long Term Debt3,174.203,177.703,185.103,377.603,202.302,628.20
Provision for Risks Charges416.30427.90411.4082.00436.70448.20
Other Liabilities274.30278.90281.90446.40229.80228.10
Total Liabilities6,779.806,889.506,678.106,559.606,655.906,366.60
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity2,388.602,322.802,300.502,242.102,211.002,201.60
Total Shareholders Equity2,388.602,322.802,300.502,242.102,211.002,201.60
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity2,388.602,322.802,300.502,242.102,211.002,201.60
Total Liabilities & Stockholders Equity9,168.409,212.308,978.608,801.708,866.908,568.20
Book Value Per Share31.5930.6030.0129.1628.5128.21
Tangible Book Value Per Share-8.26-9.43-9.96-12.69-6.61-6.96
Full-Time Employees---35,000--
Price to Book Ratio5.985.415.926.385.756.35
Return on Assets7.857.937.968.008.038.43
Return on Equity30.8031.1630.8630.2130.2131.68
Return on Invested Capital3.053.713.062.963.073.91
Quick Ratio0.800.790.800.760.890.70
Current Ratio1.161.131.151.131.261.04

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income169.70204.10168.10166.40166.30189.00
Depreciation85.6086.4086.8085.5084.0080.80
Other Funds (Non Cash)28.3037.0031.6034.3032.8020.50
Funds from Operations275.70329.40265.40281.00280.40293.10
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital23.1078.80-128.9095.8031.70-84.30
Cash from Operating Activities298.80408.20136.50376.80312.10208.80
Capital Expenditures-54.20-45.40-36.00-75.60-43.60-37.60
Net Assets From Acquisitions-6.00-75.00-0.50-391.100.00-8.10
Sale of Fixed Assets and Businesses1.200.000.702.404.5015.70
Purchase or Sale of Investments0.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses0.000.000.00-26.100.000.00
Other Sources14.602.603.20-1.00-4.302.00
Cash from Investing Activities-44.40-117.80-32.60-491.40-43.40-28.00
Cash Dividends Paid-75.40-76.20-72.30-72.40-73.10-73.50
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-59.00-137.60-60.60-118.70-93.60-98.40
Repurchase of Common Pref Stock-59.00-137.60-60.60-118.70-93.60-98.40
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-61.70-104.5091.50-60.90235.90-6.90
Change in Long Term Debt-2.20-1.70-1.70-1.40570.10-26.60
Issuance of Long Term Debt0.000.000.00-0.30576.800.00
Reduction of Long Term Debt-2.20-1.70-1.70-1.10-6.70-26.60
Net Financing Active Other Cash Flow-14.60-0.70-9.2032.70-16.3015.20
Other Financing Activities Uses-14.60-0.70-9.20-0.10-0.40-0.70
Cash from Financing Activities-210.70-319.00-50.60-219.3052.90-163.60
Exchange Rate Effect0.400.80-1.000.40-1.202.80
Net Change in Cash44.10-27.8052.30-333.50320.4020.00
Free Cash Flow251.20369.00108.20309.70276.20178.80
Price to Free Cash Flow17.4616.1322.8633.2031.5039.17

Revenue breakdown

Asia2024: 2.76B 2025: 2.73B
Europe, The Middle East And North Africa2024: 2.42B 2025: 2.46B
Latin America2024: 599.80M 2025: 567.30M
Other international2024: 360.80M 2025: 353.30M
United States2024: 2.61B 2025: 2.75B
Consolidation, Policy2024: 215.10M 2025: 229.10M
Materials Group2024: 5.85B 2025: 5.92B
Solutions Group2024: 2.69B 2025: 2.71B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-302.79%2.1M75.0M855.87K
2026-10-152.96%2.2M75.3M897.60K
2026-09-302.60%2.0M75.3M903.60K
2026-09-152.82%2.1M75.3M887.63K
2026-08-313.53%2.7M75.3M875.10K
2026-08-143.58%2.7M75.3M774.88K
2026-07-313.49%2.6M75.3M758.45K
2026-07-153.60%2.7M76.0M707.78K
2026-06-303.34%2.5M76.0M690.53K
2026-06-153.55%2.7M75.9M671.59K
2026-05-292.82%2.1M76.0M660.47K
2026-05-152.91%2.2M76.0M640.15K
2026-04-302.62%2.0M76.0M668.49K
2026-04-152.54%1.9M76.3M635.91K
2026-03-312.81%2.1M76.3M660.16K
2026-03-132.42%1.8M76.3M651.27K
2026-02-272.46%1.9M76.3M667.45K
2026-02-132.78%2.1M76.7M708.55K
2026-01-302.77%2.1M76.6M678.70K
2026-01-152.52%1.9M76.7M757.07K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call11572.6075.600.002.0570.000.000.945-0.3710.034
call12067.2071.000.002.0200.000.000.941-0.3650.036
call12562.6065.600.001.7660.000.000.937-0.3580.038
call13057.6060.600.001.6290.000.000.932-0.3510.041
call13552.2056.100.001.6110.000.000.926-0.3440.043
call14047.2051.100.001.4740.000.000.920-0.3350.046
call14542.3046.100.001.3400.000.000.913-0.3260.049
call15037.7040.600.001.1160.000.000.904-0.3150.053
call15532.3036.100.001.0810.000.000.894-0.3040.057
call16027.7031.200.000.9700.000.000.882-0.2910.061
call16522.8026.200.000.8420.000.000.866-0.2750.067
call17017.4021.209.680.7159.000.000.846-0.2570.073
call17513.0016.409.540.6098.000.000.815-0.2400.083
call1808.8011.3014.420.48323.000.000.767-0.2160.095
call1855.107.108.500.38891.000.000.647-0.2340.115
call1902.354.404.350.3883590.000.483-0.2420.124
call1950.602.802.770.4150.000.000.328-0.2240.112
call2000.002.651.550.4211.000.000.234-0.2170.096
call2100.002.150.000.6370.000.000.160-0.2430.076
call2200.002.100.000.8610.000.000.159-0.3310.075
call2300.002.150.000.9610.000.000.111-0.2800.059
call2400.002.150.001.0970.000.000.100-0.2970.055
call2500.002.150.001.2660.000.000.100-0.3420.054
put1150.002.150.001.9380.000.00-0.048-0.2960.031
put1200.002.150.001.6610.000.00-0.041-0.2240.027
put1250.002.150.001.6580.000.00-0.055-0.2850.035
put1300.002.150.001.6380.000.00-0.070-0.3380.042
put1350.002.150.001.5180.000.00-0.075-0.3310.044
put1400.002.150.001.3720.000.00-0.082-0.3200.047
put1450.002.150.001.0530.000.00-0.062-0.1980.038
put1500.002.151.900.9401.000.00-0.069-0.1920.041
put1550.002.150.200.8299.000.00-0.077-0.1840.045
put1600.002.150.050.7193.000.00-0.088-0.1750.049
put1650.002.151.650.79120.000.00-0.133-0.2640.067
put1700.002.301.500.66917.000.00-0.153-0.2450.074
put1750.002.603.200.54849.000.00-0.184-0.2310.083
put1800.051.751.600.41936.000.00-0.233-0.2080.095
put1850.503.004.000.3916.000.00-0.352-0.2250.115
put1902.555.000.000.3680.000.00-0.516-0.2320.124
put1955.707.800.000.3390.000.00-0.672-0.2140.112
put2009.8012.000.000.3720.000.00-0.740-0.2440.100
put21019.7023.000.000.6900.000.00-0.807-0.2860.085
put22028.8032.800.000.8460.000.00-0.840-0.3180.075
put23039.4042.400.000.9430.000.00-0.860-0.3450.069
put24049.4052.400.001.1850.000.00-0.873-0.3670.064
put25058.8063.000.001.3230.000.00-0.883-0.3860.061

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-10SCHEDULE 13GSEC
2026-11-064Statement of changes in beneficial ownership of securities2026-11-05SEC
2026-11-05144Filing for proposed sale of securities under Rule 144.SEC
2026-11-043Initial statement of beneficial ownership of securities2026-11-03SEC
2026-11-0310-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-298-KCurrent report2026-10-29SEC
2026-10-27SCHEDULE 13G/ASEC
2026-10-138-KCurrent report2026-10-09SEC
2026-10-058-KCurrent report2026-09-30SEC
2026-09-164Statement of changes in beneficial ownership of securities2026-09-15SEC
2026-09-15144Filing for proposed sale of securities under Rule 144.SEC
2026-09-014Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-014Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-08-198-KCurrent report2026-08-18SEC
2026-08-174Statement of changes in beneficial ownership of securities2026-08-13SEC
2026-08-07SCHEDULE 13GSEC
2026-08-054Statement of changes in beneficial ownership of securities2026-08-04SEC
2026-08-04144Filing for proposed sale of securities under Rule 144.SEC
2026-08-0410-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-03144Filing for proposed sale of securities under Rule 144.SEC
2026-07-308-KCurrent report2026-07-30SEC
2026-07-274Statement of changes in beneficial ownership of securities2026-07-23SEC
2026-06-1611-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-048-KCurrent report2026-05-29SEC
2026-05-29SDSpecialized Disclosure ReportSEC
2026-05-0510-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-05-01SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-05-01SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-05-01SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-05-01SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-1100775.21K1
2026-100000
2026-0900663.26K1
2026-0800298.94K1
2026-070000
2026-060000
2026-050000
2026-040000
2026-030020.02M6
2026-0200223.05K1
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.8.48%
WELLINGTON MANAGEMENT GROUP LLP7.57%
VANGUARD CAPITAL MANAGEMENT LLC6.54%
VANGUARD PORTFOLIO MANAGEMENT LLC6.36%
STATE STREET CORP5.29%
MORGAN STANLEY4.64%
AMERIPRISE FINANCIAL INC3.00%
GEODE CAPITAL MANAGEMENT, LLC2.85%
Invesco Ltd.2.04%
PRICE T ROWE ASSOCIATES INC /MD/1.98%

Funds

Fund% owned
Thornburg Strategic Income Fund21.50%
VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND18.03%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND17.09%
Baird Core Plus Bond Fund13.30%
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND11.87%
VANGUARD TOTAL BOND MARKET II INDEX FUND10.72%
VANGUARD TOTAL BOND MARKET INDEX FUND9.26%
VANGUARD INTERMEDIATE-TERM BOND INDEX FUND8.23%
VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND7.84%
VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND6.54%

OakChart. AVY. Cached 15 minutes.