Avery Dennison (BUE:AVY) EBIT: ARS1,449,318 Mil (TTM As of Mar. 2026)


BUE:AVY Avery Dennison Corp BUE:AVY
76 GF Score
Price ARS14,080.00
GF Value ARS17,320.09
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Avery Dennison EBIT?

Avery Dennison BUE:AVY 76 EBIT is ARS1,449,318 Mil as of Mar. 2026. GuruFocus rates BUE:AVY with a GF Score™ of 76/100 and a GF Value™ of ARS17,320.09 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Avery Dennison's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ARS385,916 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ARS1,449,318 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Avery Dennison's annualized ROC % for the quarter that ended in Mar. 2026 was 11.33%. Avery Dennison's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 47.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Avery Dennison's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.08%.


Avery Dennison  (BUE:AVY) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Avery Dennison's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1620286.412 * ( 1 - 30.07% )/( (9940667.484 + 10058695.532)/ 2 )
=1133066.2879116/9999681.508
=11.33 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12775570.627 - 2540541.176 - ( 294361.967 - max(0, 3851671.179 - 4340387.521+294361.967))
=9940667.484

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12554283.37 - 2138895.515 - ( 356692.323 - max(0, 3914666.78 - 4501650.069+356692.323))
=10058695.532

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Avery Dennison's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1543662.58/( ( (2333558.846 + max(953337.967, 0)) + (2200138.65 + max(1076229.246, 0)) )/ 2 )
=1543662.58/( ( 3286896.813 + 3276367.896 )/ 2 )
=1543662.58/3281632.3545
=47.04 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2182894.289 + 1416362.955 + 446768.31) - (2540541.176 + 0 + 552146.411)
=953337.967

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2303049.489 + 1383423.693 + 458484.564) - (2138895.515 + 0 + 929832.985)
=1076229.246

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Avery Dennison's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1449317.585/23854466.711
=6.08 %

* 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 EBIT Related Terms


Avery Dennison EBIT Historical Data

* Premium members only.

The historical data trend for Avery Dennison's EBIT 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 EBIT Chart

Avery Dennison Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107,332.17 181,632.01 293,745.70 1,081,205.01 1,539,304.07

Avery Dennison Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 274,930.93 343,704.01 364,083.13 355,614.80 385,915.65

BUE:AVY vs CCK, BALL, IP: EBIT Comparison

For the Packaging & Containers subindustry, Avery Dennison's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Packaging & Containers Industry

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

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


BUE:AVY
76GF Score
Avery Dennison Corp BUE:AVY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Avery Dennison EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS1,449,318 Mil.

* 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 EBIT →
What does a EBIT of ARS1,449,318 Mil mean?
Avery Dennison (BUE:AVY) has a EBIT of ARS1,449,318 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Avery Dennison.
Is Avery Dennison's EBIT too high?
Avery Dennison's current EBIT is ARS1,449,318 Mil. Overall, Avery Dennison has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avery Dennison's EBIT compare to CCK and BALL?
Avery Dennison's EBIT of ARS1,449,318 Mil can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Packaging & Containers company?
A good EBIT depends on the Packaging & Containers industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Avery Dennison. Avery Dennison's current EBIT is ARS1,449,318 Mil. 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?
Based on GuruFocus' analysis, Avery Dennison (BUE:AVY) is currently considered Modestly Undervalued. The stock's GF Value™ is ARS17,320.09, compared to a current price of ARS14,080.00 — trading 18.7% below its estimated fair value. The current EBIT is ARS1,449,318 Mil. Avery Dennison's overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Avery Dennison (BUE:AVY), the current EBIT is ARS1,449,318 Mil 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 (BUE:AVY) Overvalued in 2026?

Based on GuruFocus' analysis, Avery Dennison stock appears to be undervalued. The current stock price of ARS14,080.00 is trading 18.7% below its estimated GF Value™ of ARS17,320.09. GuruFocus considers Avery Dennison to be Modestly Undervalued.

Key valuation signals for BUE:AVY:

  • EBIT: ARS1,449,318 Mil
  • GF Value™: ARS17,320.09 vs. price of ARS14,080.00 (18.7% below fair value)
  • GF Score™: 76/100 with 2 warning signs

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


Avery Dennison Business Description

Other Exchanges AVY:USA0HJR:UKAV3:Germany
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.
76GF Score

Get the complete analysis for BUE:AVY

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

ARS14,080.00
Price
ARS17,320.09
GF Value