Avery Dennison (MEX:AVY) Debt-to-Equity: 1.65 (As of Mar. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:AVY Avery Dennison Corp MEX:AVY
86 GF Score
Price MXN4,390.00
GF Value MXN5,106.18
! 2 Warning Signs
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What is Avery Dennison Debt-to-Equity?

Avery Dennison MEX:AVY 86 Debt-to-Equity is 1.65 as of Mar. 2026, which is 2% above its 10-year median of 1.61. GuruFocus rates MEX:AVY with a GF Score™ of 86/100 and a GF Value™ of MXN5,106.18. The stock has 2 warning signs investors should review. Among 363 Packaging & Containers companies, Avery Dennison ranks worse than 91.46% on this metric.

Avery Dennison's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN10,910 Mil. Avery Dennison's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN57,436 Mil. Avery Dennison's Total Stockholders Equity for the quarter that ended in Mar. 2026 was MXN41,484 Mil. Avery Dennison's debt to equity for the quarter that ended in Mar. 2026 was 1.65.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Avery Dennison's Debt-to-Equity or its related term are showing as below:

MEX:AVY' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.21   Med: 1.61   Max: 2.4
Current: 1.65

During the past 13 years, the highest Debt-to-Equity Ratio of Avery Dennison was 2.40. The lowest was 1.21. And the median was 1.61.

MEX:AVY's Debt-to-Equity is ranked worse than
91.46% of 363 companies
in the Packaging & Containers industry
Industry Median: 0.43 vs MEX:AVY: 1.65

Avery Dennison  (MEX:AVY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Avery Dennison Debt-to-Equity Related Terms


Avery Dennison Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Avery Dennison's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Avery Dennison Debt-to-Equity Chart

Avery Dennison Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 1.53 1.53 1.36 1.67

Avery Dennison Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.59 1.61 1.71 1.67 1.65

MEX:AVY vs CCK, BALL, SON: Debt-to-Equity Comparison

For the Packaging & Containers subindustry, Avery Dennison's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Avery Dennison Debt-to-Equity vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Avery Dennison's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Avery Dennison's Debt-to-Equity falls into.


MEX:AVY
86GF Score
Avery Dennison Corp MEX:AVY
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Avery Dennison Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avery Dennison's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Avery Dennison's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.65 mean?
Avery Dennison (MEX:AVY) has a Debt-to-Equity of 1.65 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Avery Dennison and its competitors. This is near median its historical median of 1.61. Over the past decade, Avery Dennison's Debt-to-Equity has ranged from 1.21 to 2.40. According to the industry distribution chart, Avery Dennison ranks #332 out of 363 companies in the Packaging & Containers industry, placing it in the top 91.5%.
Is Avery Dennison's Debt-to-Equity too high?
Avery Dennison's current Debt-to-Equity of 1.65 is near median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 2.40. The Packaging & Containers industry median Debt-to-Equity is 0.43. Avery Dennison's value of 1.65 is 283.7% above this industry median. Based on the distribution chart, Avery Dennison ranks #332 out of 363 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Avery Dennison has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Avery Dennison's Debt-to-Equity compare to CCK and BALL?
According to the Packaging & Containers industry distribution chart, Avery Dennison ranks #332 out of 363 companies for Debt-to-Equity. This places Avery Dennison in the lower half of its industry. The industry median Debt-to-Equity is 0.43. Avery Dennison's value of 1.65 is 283.7% above this benchmark. Historically, Avery Dennison's own Debt-to-Equity has ranged from 1.21 to 2.40 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 0.43, Avery Dennison has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Packaging & Containers company?
The median Debt-to-Equity among Packaging & Containers companies is 0.43, based on 363 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Avery Dennison's current Debt-to-Equity of 1.65 is 283.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Avery Dennison and its competitors. For the Packaging & Containers industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avery Dennison's current Debt-to-Equity is 1.65, which is near median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avery Dennison stock overvalued right now?
Avery Dennison (MEX:AVY) has a current Debt-to-Equity of 1.65. The stock's GF Value™ is MXN5,106.18, compared to a current price of MXN4,390.00 — trading 14% below its estimated fair value. The current Debt-to-Equity is 1.65, which is near median its 10-year median of 1.61 and 283.7% above the Packaging & Containers industry median of 0.43. Avery Dennison's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Avery Dennison (MEX:AVY), the current Debt-to-Equity is 1.65 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Avery Dennison (MEX:AVY) Overvalued in 2026?

Based on GuruFocus' analysis, Avery Dennison stock appears to be undervalued. The current stock price of MXN4,390.00 is trading 14% below its estimated GF Value™ of MXN5,106.18.

Key valuation signals for MEX:AVY:

  • Debt-to-Equity: 1.65 (near median its 10-year median of 1.61)
  • GF Value™: MXN5,106.18 vs. price of MXN4,390.00 (14% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 283.7% above the Packaging & Containers median (#332 of 363)

No single metric tells the full story. See the MEX:AVY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avery Dennison Business Description

Address 8080 Norton Parkway, Mentor, OH, USA, 44060
Avery Dennison Corp provides materials science and digital identification solutions, offering labeling and functional materials, RFID inlays and tags, software connecting physical and digital, and products that enhance packaging and customer experience. Serving industries including retail, apparel, e-commerce, logistics, food, pharmaceuticals, and automotive it operates through two reportable segments: Materials Group, which manufactures and sells pressure-sensitive label materials, graphics, reflective products, performance tapes, and other adhesive solutions, and earns the majority of revenue; and Solutions Group, which provides brand and price tickets, tags, labels with RFID inlays, and related services, supplies, and equipment.
86GF Score

Get the complete analysis for MEX:AVY

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN4,390.00
Price
MXN5,106.18
GF Value