Avery Dennison Interest Expense History
AVY / Materials|8 years of SEC 10-K data (FY2016-FY2023)
$119M in FY2023 with a 5-year CAGR of +15.3%.
Increased from $70M to $119M over the past 2 years.
At $119M, Avery Dennison's interest expense ranks #26 of 48 in the Materials sector. Interest Expense has increased for 3 consecutive years, from $70M in FY2020 to $119M in FY2023.
Based on SEC 10-K filings.
Key Data Points
- Strong return on equity: 31.5%
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- +19.3%
- 5-Year CAGR
- +15.3%
- 10-Year CAGR
- -
Interest Expense Trend
#26 of 48 in MaterialsTop 52% of 48This company $119.0M Sector average $156.1M
▼
-23.8% below sector average
Key Insights
- Avery Dennison's interest expense has grown for 3 consecutive years.
- 5-year CAGR of +15.3%, indicating consistent growth.
- In FY2023, interest expense increased 41.5% year-over-year.
- Ranks #23 out of 48 companies in the Materials sector.
Annual Data
| Year | Interest Expense | YoY Growth |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $119.0M | +41.5% |
| FY2022 | $84.1M | +19.8% |
| FY2021 | $70.2M | +0.3% |
| FY2020 | $70.0M | -7.7% |
| FY2019 | $75.8M | +29.6% |
| FY2018 | $58.5M | -7.1% |
| FY2017 | $63.0M | +5.2% |
| FY2016 | $59.9M | -1.0% |
As of FY2023 · SEC 10-K · Updated Mar 2, 2026