Avery Dennison R&D Expense History
AVY / Materials|10 years of SEC 10-K data (FY2016-FY2025)
$137M in FY2025 with a 5-year CAGR of +3.9%. Top quartile in the Materials sector.
Avery Dennison's r&d expense of $137M is higher than 78% of companies in the Materials sector (FY2025). R&D Expense has fluctuated over the past 10 years, ranging from $90M in FY2016 to $138M in FY2024.
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
- +0.1%
- 5-Year CAGR
- +3.9%
- 10-Year CAGR
- -
R&D Expense Trend
Top 22% in MaterialsTop 22% of 51This company $136.6M Sector average $135.2M
▼
+1.1% above sector average
Key Insights
- 5-year CAGR of +3.9%, indicating consistent growth.
- In FY2025, r&d expense decreased 0.9% year-over-year.
- Ranks #11 out of 51 companies in the Materials sector.
- Peak r&d expense was recorded in FY2024.
Annual Data
| Year | R&D Expense | YoY Growth |
|---|---|---|
| FY2025 | $136.6M | -0.9% |
| FY2024 | $137.8M | +1.5% |
| FY2023 | $135.8M | -0.2% |
| FY2022 | $136.1M | -0.4% |
| FY2021 | $136.6M | +21.1% |
| FY2020 | $112.8M | +21.8% |
| FY2019 | $92.6M | -5.7% |
| FY2018 | $98.2M | +5.1% |
| FY2017 | $93.4M | +4.1% |
| FY2016 | $89.7M | -2.4% |
As of FY2025 · SEC 10-K · Updated Mar 2, 2026