AVY vs SON
Avery Dennison Corp. and Sonoco Products Co., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AVY | SON |
|---|---|---|
| Revenue | $8.9B | $7.5B |
| Net income | $688.0M | $1.0B |
| Gross margin | 28.8% | 20.9% |
| Net margin | 7.8% | 13.3% |
| Return on equity | 30.2% | 34.1% |
| Diluted EPS | $8.79 | $10.07 |
| Dividend / share | $3.70 | $2.11 |
| Payout ratio | 41.9% | 20.7% |
| Free cash flow | $712.4M | $345.8M |
| Equity | $2.2B | $3.6B |
| Net debt / equity | 1.57× | 1.09× |
| Current ratio | 1.13× | 1.05× |
| Revenue CAGR 5y | 4.9% | 7.5% |
| Profit CAGR 5y | 4.4% | 37.0% |
AVY bills 1.2× the revenue of SON, and SON keeps more of each dollar of revenue as profit (13.3% against 7.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AVY | SON |
|---|---|---|
| FY2025 | $8.9B | $7.5B |
| FY2024 | $8.8B | $5.3B |
| FY2023 | $8.4B | $5.4B |
| FY2022 | $9.0B | $5.9B |
| FY2021 | $8.4B | $5.6B |
| FY2020 | $7.0B | $5.2B |
| FY2019 | $7.1B | $5.4B |
| FY2018 | $7.2B | $5.4B |
| FY2017 | $6.6B | $5.0B |
| FY2016 | $6.1B | $4.8B |
Bottom line
| Fiscal year | AVY | SON |
|---|---|---|
| FY2025 | $688.0M | $1.0B |
| FY2024 | $704.9M | $163.9M |
| FY2023 | $503.0M | $475.0M |
| FY2022 | $757.1M | $466.4M |
| FY2021 | $740.1M | $-85.5M |
| FY2020 | $555.9M | $207.5M |
| FY2019 | $303.6M | $291.8M |
| FY2018 | $467.4M | $313.6M |
| FY2017 | $281.8M | $175.3M |
| FY2016 | $320.7M | $286.4M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$1,336,747,000 | AVY |
| FY2024 | +$3,450,335,000 | AVY |
| FY2023 | +$2,922,874,000 | AVY |
| FY2022 | +$3,179,973,000 | AVY |
| FY2021 | +$2,817,862,000 | AVY |
| FY2020 | +$1,734,057,000 | AVY |
| FY2019 | +$1,695,893,000 | AVY |
| FY2018 | +$1,768,062,000 | AVY |
| FY2017 | +$1,577,150,000 | AVY |
| FY2016 | +$1,303,623,000 | AVY |
| FY2015 | +$1,002,531,000 | AVY |
| FY2014 | +$1,313,306,000 | AVY |
| FY2013 | +$1,278,343,000 | AVY |
| FY2012 | +$1,049,929,000 | AVY |
| FY2011 | +$1,345,968,000 | AVY |
| FY2010 | +$1,657,879,000 | AVY |
| FY2009 | +$1,588,869,000 | AVY |
| FY2008 | +$2,588,015,000 | AVY |
AVY has reported the higher revenue in every one of these 18 fiscal years. The gap has narrowed since the earliest year compared.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −5.6 pp | SON |
| FY2024 | +5.0 pp | AVY |
| FY2023 | −2.7 pp | SON |
| FY2022 | +0.4 pp | AVY |
| FY2021 | +10.3 pp | AVY |
| FY2020 | +4.0 pp | AVY |
| FY2019 | −1.2 pp | SON |
| FY2018 | +0.7 pp | AVY |
| FY2017 | +0.7 pp | AVY |
| FY2016 | −0.7 pp | SON |
| FY2011 | −1.6 pp | SON |
| FY2010 | +0.6 pp | AVY |
| FY2009 | −18.7 pp | SON |
| FY2008 | +0.2 pp | AVY |
The higher net margin has changed hands between AVY and SON over this period.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AVY's net margin has been more volatile than SON's over the 14 comparable fiscal years — 5.6 percentage points of standard deviation against 3.2.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between AVY and SON over these 14 fiscal years — AVY led in 8 and SON in 6.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AVY's return on equity has been more volatile than SON's over the 18 comparable fiscal years — 20.1 percentage points of standard deviation against 7.5.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between AVY and SON over these 18 fiscal years — AVY led in 15 and SON in 3.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.