Avery Dennison Corp (AVY) — Tangible Net Worth Ratio
Avery Dennison Corp (AVY) has a Tangible Net Worth Ratio of 68.6% as of September 2025. This metric is calculated by deducting intangible assets ($694.40 Million) from net assets ($2.21 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See AVY net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Avery Dennison Corp Tangible Net Worth Ratio (1985–2024)
This chart shows how Avery Dennison Corp's Tangible Net Worth Ratio has changed across 40 annual periods from 1985 to 2024. As of September 2025, the ratio stands at 68.6%, reflecting net assets of $2.21 Billion with intangible assets of $694.40 Million USD. Also explore Avery Dennison Corp equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Avery Dennison Corp (1985–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Avery Dennison Corp from 1985 to 2024, covering 40 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see AVY market cap.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 67.4% | $2.32 Billion | $755.30 Million | $8.40 Billion | ▲ +7.3 pp |
| 2023 | 60.1% | $2.13 Billion | $849.10 Million | $8.21 Billion | ▲ +1.4 pp |
| 2022 | 58.7% | $2.03 Billion | $840.30 Million | $7.95 Billion | ▲ +6.0 pp |
| 2021 | 52.6% | $1.92 Billion | $911.40 Million | $7.97 Billion | ▼ -32.4 pp |
| 2020 | 85.0% | $1.50 Billion | $224.90 Million | $6.10 Billion | ▼ -4.5 pp |
| 2019 | 89.5% | $1.20 Billion | $126.50 Million | $5.49 Billion | ▲ +4.6 pp |
| 2018 | 84.9% | $955.10 Million | $144.00 Million | $5.18 Billion | ▲ +0.8 pp |
| 2017 | 84.1% | $1.05 Billion | $166.30 Million | $5.14 Billion | ▼ -8.7 pp |
| 2016 | 92.8% | $925.50 Million | $66.70 Million | $4.40 Billion | ▼ -2.5 pp |
| 2015 | 95.3% | $965.70 Million | $45.80 Million | $4.13 Billion | ▲ +1.6 pp |
| 2014 | 93.7% | $1.07 Billion | $67.40 Million | $4.42 Billion | ▲ +0.1 pp |
| 2013 | 93.6% | $1.49 Billion | $96.00 Million | $4.61 Billion | ▲ +1.5 pp |
| 2012 | 92.1% | $1.58 Billion | $125.00 Million | $5.11 Billion | ▲ +1.8 pp |
| 2011 | 90.3% | $1.66 Billion | $161.20 Million | $4.97 Billion | ▲ +4.2 pp |
| 2010 | 86.1% | $1.65 Billion | $228.90 Million | $5.10 Billion | ▲ +5.3 pp |
| 2009 | 80.8% | $1.36 Billion | $262.20 Million | $5.00 Billion | ▼ -1.9 pp |
| 2008 | 82.7% | $1.75 Billion | $303.60 Million | $6.04 Billion | ▼ -1.6 pp |
| 2007 | 84.2% | $1.99 Billion | $314.20 Million | $6.24 Billion | ▼ -10.1 pp |
| 2006 | 94.3% | $1.68 Billion | $95.50 Million | $4.29 Billion | ▲ +0.8 pp |
| 2005 | 93.5% | $1.51 Billion | $98.70 Million | $4.20 Billion | ▲ +46.8 pp |
| 2004 | 46.6% | $1.55 Billion | $826.40 Million | $4.40 Billion | ▲ +12.5 pp |
| 2003 | 34.2% | $1.32 Billion | $867.90 Million | $4.11 Billion | ▲ +7.7 pp |
| 2002 | 26.5% | $1.06 Billion | $776.60 Million | $3.65 Billion | ▼ -29.1 pp |
| 2001 | 55.5% | $929.40 Million | $413.20 Million | $2.82 Billion | ▲ +3.2 pp |
| 2000 | 52.4% | $828.10 Million | $394.30 Million | $2.70 Billion | ▲ +1.4 pp |
| 1999 | 51.0% | $809.90 Million | $397.00 Million | $2.59 Billion | ▼ -31.6 pp |
| 1998 | 82.6% | $833.30 Million | $145.10 Million | $2.14 Billion | ▼ -1.4 pp |
| 1997 | 84.0% | $837.20 Million | $133.70 Million | $2.05 Billion | ▲ +0.4 pp |
| 1996 | 83.7% | $832.00 Million | $135.90 Million | $2.04 Billion | ▼ -1.1 pp |
| 1995 | 84.8% | $815.80 Million | $124.30 Million | $1.96 Billion | ▲ +2.3 pp |
| 1994 | 82.5% | $729.00 Million | $127.60 Million | $1.76 Billion | ▲ +0.5 pp |
| 1993 | 82.0% | $719.10 Million | $129.20 Million | $1.64 Billion | ▼ -0.8 pp |
| 1992 | 82.8% | $802.60 Million | $137.90 Million | $1.68 Billion | ▲ +0.6 pp |
| 1991 | 82.2% | $825.00 Million | $146.70 Million | $1.74 Billion | ▲ +0.1 pp |
| 1990 | 82.1% | $846.30 Million | $151.70 Million | $1.89 Billion | ▲ +7.3 pp |
| 1989 | 74.7% | $538.60 Million | $136.10 Million | $1.14 Billion | ▲ +1.6 pp |
| 1988 | 73.1% | $509.40 Million | $137.10 Million | $1.12 Billion | ▼ -1.3 pp |
| 1987 | 74.4% | $465.90 Million | $119.40 Million | $1.05 Billion | ▲ +5.1 pp |
| 1986 | 69.3% | $350.00 Million | $107.40 Million | $868.10 Million | ▼ -30.7 pp |
| 1985 | 100.0% | $314.50 Million | $0.00 | $614.70 Million | — |