Avery Dennison Corp (AVY) — Cash Flow Quality Index

Latest as of June 2026: 2.00x

Avery Dennison Corp (AVY) has a Cash Flow Quality Index of 2.00x as of June 2026. Operating cash flow of $408.20 Million exceeds net income of $204.10 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Avery Dennison Corp service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.00x
Operating CF / Net Income

Operating Cash Flow

$408.20 Million
USD

Net Income

$204.10 Million
USD

Data as of

Jun 2026
Most recent filing

Avery Dennison Corp Cash Flow Quality Index (1990–2025)

Historical Cash Flow Quality Index for Avery Dennison Corp across 35 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Avery Dennison Corp.

Annual Cash Flow Quality Index for Avery Dennison Corp (1990–2025)

Year-by-year earnings quality comparison for Avery Dennison Corp.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.28x $881.40 Million $688.00 Million ▼ -3.8%
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.