Avery Dennison Corp (AVY) — Cash Flow Quality Index

Latest as of September 2025: 1.88x

Avery Dennison Corp (AVY) has a Cash Flow Quality Index of 1.88x as of September 2025. Operating cash flow of $312.10 Million exceeds net income of $166.30 Million, indicating high earnings quality where cash backs reported profits. Explore how much of Avery Dennison Corp's assets are long-term investments to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.88x
Operating CF / Net Income

Operating Cash Flow

$312.10 Million
USD

Net Income

$166.30 Million
USD

Data as of

Sep 2025
Most recent filing

Avery Dennison Corp Cash Flow Quality Index (1990–2024)

Historical Cash Flow Quality Index for Avery Dennison Corp across 34 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check AVY goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Avery Dennison Corp (1990–2024)

Year-by-year earnings quality comparison for Avery Dennison Corp. For live market cap and the full company financial profile, see Avery Dennison Corp market capitalisation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 1.33x $938.80 Million $704.90 Million ▼ -18.9%
2023 1.64x $826.00 Million $503.00 Million ▲ +29.4%
2022 1.27x $961.00 Million $757.10 Million ▼ -10.3%
2021 1.41x $1.05 Billion $740.10 Million ▲ +4.7%
2020 1.35x $751.30 Million $555.90 Million ▼ -45.0%
2019 2.46x $746.50 Million $303.60 Million ▲ +151.0%
2018 0.98x $457.90 Million $467.40 Million ▼ -57.5%
2017 2.31x $650.10 Million $281.80 Million ▲ +26.4%
2016 1.83x $585.30 Million $320.70 Million ▲ +5.7%
2015 1.73x $473.70 Million $274.30 Million ▲ +14.9%
2014 1.50x $374.20 Million $248.90 Million ▲ +1.4%
2013 1.48x $320.10 Million $215.80 Million ▼ -37.8%
2012 2.38x $513.40 Million $215.40 Million ▲ +7.2%
2011 2.22x $422.70 Million $190.10 Million ▲ +44.8%
2010 1.54x $486.70 Million $316.90 Million ▼ -24.3%
2008 2.03x $539.70 Million $266.10 Million ▲ +23.3%
2007 1.65x $499.40 Million $303.50 Million ▲ +18.3%
2006 1.39x $510.80 Million $367.20 Million ▼ -28.7%
2005 1.95x $441.60 Million $226.40 Million ▲ +5.5%
2004 1.85x $516.90 Million $279.70 Million ▲ +47.8%
2003 1.25x $334.90 Million $267.90 Million ▼ -38.5%
2002 2.03x $522.80 Million $257.20 Million ▲ +31.6%
2001 1.54x $375.50 Million $243.20 Million ▲ +6.8%
2000 1.45x $409.90 Million $283.50 Million ▼ -28.4%
1999 2.02x $435.20 Million $215.40 Million ▲ +6.7%
1998 1.89x $422.80 Million $223.30 Million ▲ +5.3%
1997 1.80x $368.40 Million $204.80 Million ▲ +4.1%
1996 1.73x $304.00 Million $175.90 Million ▲ +32.2%
1995 1.31x $187.90 Million $143.70 Million ▼ -46.0%
1994 2.42x $265.00 Million $109.40 Million ▼ -15.6%
1993 2.87x $239.20 Million $83.30 Million ▲ +37.1%
1992 2.09x $167.80 Million $80.10 Million ▼ -42.7%
1991 3.66x $230.50 Million $63.00 Million ▼ -75.9%
1990 15.20x $89.70 Million $5.90 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.