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Also trades as: 0HJR.L (LSE) · $vol 0M

AVY NYSE

Avery Dennison Corporation
1W: -0.1% 1M: -4.9% 3M: -18.9% YTD: -12.5% 1Y: -12.2% 3Y: -0.7% 5Y: -21.4%
$159.66
+0.76 (+0.48%)
 
Weekly Expected Move ±2.7%
$148 $152 $156 $160 $165
NYSE · Consumer Cyclical · Packaging & Containers · Alpha Radar Sell · Power 41 · $12.2B mcap · 76M float · 0.860% daily turnover · Short 63% of daily vol

Edge Score

Quantitative competitive moat analysis scoring five pillars of durable advantage — cost leadership, brand intangibles, switching costs, network effects, and efficient scale — using industry percentile rankings on a 0–100 scale.

NARROW EDGE
61.9 / 100
NoneWeakNarrowWide
Primary source: Efficient Scale  ·  ROIC: 14.3%  ·  5Y Avg: 15.5%
Cost Advantage
78
Intangibles
59
Switching Cost
54
Network Effect
35
Scale ★
85
The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. AVY has a Narrow competitive edge (61.9/100) — meaningful but not impregnable advantages over competitors. The primary source of advantage is Efficient Scale. ROIC of 14.3% suggests modest returns relative to capital deployed.

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets
$221
Low
$221
Avg Target
$221
High
Based on 1 analyst since Apr 28, 2026 earnings
Analyst Recommendations
Strong Buy: 0Buy: 13Hold: 5Sell: 0Strong Sell: 0
Rating Summary
ConsensusBuy
Avg Target$211.67
Analysts3
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2026-04-29 Truist Financial $234 $221 -13 +35.0% $163.74
2026-04-21 Raymond James $208 $192 -16 +11.6% $172.12
2026-04-10 UBS Joshua Spector $226 $222 -4 +29.0% $172.09
2026-02-06 BMO Capital $210 $224 +14 +16.1% $192.88
2026-02-05 UBS Joshua Spector $218 $226 +8 +17.0% $193.13
2026-01-06 Truist Financial $203 $234 +31 +29.6% $180.54
2025-10-28 Argus Research Alexandra Yates Initiated $200 +10.8% $180.52
2025-10-23 BMO Capital John McNulty $216 $210 -6 +13.3% $185.31
2025-10-23 UBS $181 $218 +37 +21.8% $179.04
2025-10-13 Truist Financial $210 $203 -7 +27.9% $158.67
2025-10-06 UBS $235 $181 -54 +11.4% $162.41
2025-04-25 BMO Capital $226 $216 -10 +26.5% $170.75
2025-04-22 Truist Financial Michael Roxland $258 $210 -48 +20.1% $174.83
2025-02-03 BMO Capital John McNulty $247 $226 -21 +23.3% $183.34
2025-01-31 Raymond James Matt Roberts $195 $208 +13 +12.0% $185.73
2025-01-31 Robert W. Baird Ghansham Panjabi $250 $220 -30 +18.5% $185.73
2024-10-24 BMO Capital John McNulty $252 $247 -5 +21.1% $204.01
2024-10-17 Bank of America Securities George Staphos $239 $250 +11 +16.3% $214.93
2024-09-19 BMO Capital John McNulty $233 $252 +19 +18.4% $212.76
2024-07-25 UBS Joshua Spector $194 $235 +41 +9.4% $214.79
2024-07-24 Truist Financial Michael Roxland $249 $258 +9 +19.1% $216.70
2024-06-07 Robert W. Baird Ghansham Panjabi $230 $250 +20 +10.2% $226.92
2024-04-25 Robert W. Baird Ghansham Panjabi Initiated $230 +8.3% $212.42
2024-01-12 Truist Financial Michael Roxland $215 $249 +34 +26.3% $197.12
2023-09-05 Truist Financial Michael Roxland $223 $215 -8 +16.4% $184.72
2023-02-06 BMO Capital Initiated $233 +28.6% $181.20
2023-02-03 Truist Financial Initiated $223 +19.7% $186.26
2023-01-11 UBS Initiated $194 +1.2% $191.69
2022-07-25 Raymond James Joshua Wilson $200 $195 -5 +11.6% $174.78
2022-04-28 Raymond James $185 $200 +15 +10.4% $181.23
2022-04-25 Raymond James Initiated $185 +10.5% $167.42
2021-07-05 Bank of America Securities George Staphos Initiated $239 +16.9% $204.46

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

B+
May 22, 2026
DCF
3
ROE
5
ROA
5
D/E
1
P/E
3
P/B
1
The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. AVY receives an overall rating of B+. Strongest factors: ROE (5/5), ROA (5/5). Areas of concern: D/E (1/5), P/B (1/5).
Rating Change History
DateFromTo
2026-04-01 B B+
2026-01-03 B+ B

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

60 Grade B
Profitability
50
Balance Sheet
41
Earnings Quality
75
Growth
43
Value
51
Momentum
71
Safety
90
Cash Flow
68
The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. AVY scores highest in Safety (90/100) and lowest in Balance Sheet (41/100). A grade of B indicates above-average fundamentals with room for improvement in select areas.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score
3.58
Safe Zone
Piotroski F-Score
7/9
Beneish M-Score
-2.59
Unlikely Manipulator
Ohlson O-Score
-6.60
Bankruptcy prob: 0.1%
Low Risk
Credit Rating
A
Score: 71.2/100
Trend: Stable
Earnings Quality
100/100
OCF/NI: 1.50x
Accruals: -4.0%
The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. AVY scores 3.58, placing it in the Safe Zone (safe > 2.99, distress < 1.81). Bankruptcy is statistically unlikely within the next two years. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. AVY scores 7/9, signaling strong financial health across all three dimensions. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. AVY's score of -2.59 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. AVY's implied 0.1% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. AVY receives an estimated rating of A (score: 71.2/100), with a stable trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). AVY's score of 100/100 is high — cash flows strongly support reported earnings.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E
17.82x
PEG
11.13x
P/S
1.36x
P/B
5.34x
P/FCF
15.23x
P/OCF
12.86x
EV/EBITDA
13.53x
EV/Revenue
1.87x
EV/EBIT
15.60x
EV/FCF
19.28x
Earnings Yield
5.19%
FCF Yield
6.56%
Shareholder Yield
5.05%
Graham Number
$76.61
Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 17.8x earnings, AVY trades at a reasonable valuation. An earnings yield of 5.2% exceeds typical risk-free rates, suggesting equities are being compensated for risk. Graham's intrinsic value formula yields $76.61 per share, 108% below the current price.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden
0.735
NI / EBT
×
Interest Burden
0.870
EBT / EBIT
×
EBIT Margin
0.120
EBIT / Rev
×
Asset Turnover
1.047
Rev / Assets
×
Equity Multiplier
3.778
Assets / Equity
=
ROE
30.3%
The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. AVY's ROE of 30.3% is driven by financial leverage (equity multiplier: 3.78x). Note: high leverage means ROE is amplified by debt rather than operational performance.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Adj. Growth Rate
2.39%
Fair P/E
13.29x
Intrinsic Value
$119.03
Price/Value
1.45x
Margin of Safety
-45.07%
Premium
45.07%
Assessment
Overvalued
Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with AVY's realized 2.4% 3-year EPS CAGR — what the company actually delivered, not what analysts hope for. AVY trades at a 45% premium to its adjusted intrinsic value of $119.03, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 13.3x compares to the current market P/E of 17.8x.

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1800 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$159.70
Median 1Y
$164.11
5th Pctile
$101.62
95th Pctile
$264.52
Ann. Volatility
29.0%
Analyst Target
$211.67
25th–75th percentile 5th–95th percentile Median path Historical Analyst target

Executive Compensation

C-suite compensation breakdown including salary, stock awards, options, and incentive pay. The CEO-to-employee pay ratio and Gini coefficient measure pay distribution fairness.

C-Suite Compensation

ExecutiveSalaryStockTotal
Deon M. Stander
President & Chief Executive Officer
$1,136,538 $7,649,430 $9,538,375
Gregory S. Lovins
SVP & Chief Financial Officer
$810,867 $2,002,590 $3,181,060
Danny G. Allouche
SVP & Chief Strategy and Corporate Development Officer; former Interim CFO
$547,592 $1,405,017 $2,500,981
Deena Baker-Nel SVP
& Chief Human Resources Officer
$562,154 $1,492,673 $2,339,720
Ryan D. Yost
President, Materials Group
$555,692 $1,122,970 $1,949,735
Ignacio J. Walker
SVP & Chief Legal Officer
$548,300 $659,934 $1,409,976

CEO Pay Ratio

231:1
CEO-to-Employee Pay Ratio
CEO Total Comp: $9,538,375
Avg Employee Cost (SGA/emp): $41,211
Employees: 35,000

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Workforce efficiency metrics measuring revenue, profit, and R&D spend per employee — key indicators of operational leverage and human capital productivity.

Employees
35,000
0.0% YoY
Revenue / Employee
$253,014
Rev: $8,855,500,000
Profit / Employee
$19,657
NI: $688,000,000
SGA / Employee
$41,211
Avg labor cost proxy

Scaling Efficiency

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
ROE 54.4% 55.4% 43.2% 42.6% 44.4% 47.7% 38.3% 34.4% 28.6% 24.4% 24.2% 26.6% 30.3% 32.4% 31.8% 31.5% 32.0% 31.3% 30.2% 30.3% 30.29%
ROA 12.7% 12.9% 10.5% 10.4% 10.8% 11.6% 9.5% 8.5% 7.1% 6.1% 6.2% 6.9% 7.8% 8.3% 8.5% 8.4% 8.6% 8.4% 8.0% 8.0% 8.02%
ROIC 23.6% 24.1% 16.4% 16.1% 16.9% 17.8% 16.4% 15.2% 13.9% 13.0% 13.4% 14.3% 15.2% 15.7% 16.2% 16.0% 15.9% 15.7% 14.2% 14.3% 14.28%
ROCE 24.9% 25.6% 19.6% 19.7% 20.4% 21.3% 21.0% 19.2% 16.5% 15.0% 14.8% 16.0% 17.7% 18.7% 19.3% 19.2% 19.6% 19.6% 17.2% 17.5% 17.54%
Gross Margin 27.4% 26.8% 26.8% 27.3% 27.4% 26.7% 24.7% 26.3% 26.5% 27.9% 28.2% 29.4% 29.6% 28.7% 27.9% 28.9% 28.8% 28.7% 28.7% 28.9% 28.92%
Operating Margin 12.8% 12.4% 11.6% 12.2% 13.2% 12.4% 9.3% 10.1% 11.2% 12.1% 12.4% 12.4% 12.9% 12.8% 12.8% 11.9% 12.9% 12.7% 12.4% 11.8% 11.83%
Net Margin 8.7% 7.9% 8.4% 8.4% 9.1% 9.6% 6.1% 5.9% 4.8% 6.6% 6.8% 8.0% 7.9% 8.3% 8.0% 7.7% 8.5% 7.5% 7.3% 7.3% 7.31%
EBITDA Margin 15.5% 14.7% 15.4% 15.4% 16.3% 15.8% 13.1% 12.9% 11.8% 13.9% 14.6% 15.8% 15.5% 15.9% 16.0% 15.6% 16.7% 15.9% 10.8% 12.0% 12.01%
FCF Margin 10.3% 10.0% 9.2% 7.6% 7.4% 6.2% 7.3% 6.0% 5.3% 6.9% 6.5% 8.0% 8.0% 7.4% 8.1% 6.8% 7.2% 7.8% 8.0% 9.7% 9.69%
OCF Margin 13.3% 13.1% 12.4% 11.1% 10.8% 9.8% 10.6% 9.6% 8.9% 10.4% 9.9% 11.2% 11.1% 10.4% 10.7% 9.2% 9.3% 9.8% 10.0% 11.5% 11.48%
ROE 3Y Avg snapshot only 29.01%
ROE 5Y Avg snapshot only 31.67%
ROA 3Y Avg snapshot only 7.63%
ROIC 3Y Avg snapshot only 11.37%
ROIC Economic snapshot only 14.22%
Cash ROA snapshot only 11.75%
Cash ROIC snapshot only 17.92%
CROIC snapshot only 15.12%
NOPAT Margin snapshot only 9.15%
Pretax Margin snapshot only 10.42%
R&D / Revenue snapshot only 0.00%
SGA / Revenue snapshot only 16.11%
SBC / Revenue snapshot only 0.23%
Valuation
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
P/E Ratio 22.15 21.77 22.80 18.65 16.70 15.39 18.47 20.39 23.49 29.41 31.37 31.56 27.27 25.99 21.05 19.65 19.13 18.00 20.46 19.28 17.822
P/S Ratio 2.07 1.98 2.01 1.56 1.42 1.37 1.55 1.58 1.56 1.71 1.89 2.07 2.00 2.02 1.69 1.57 1.56 1.43 1.59 1.48 1.356
P/B Ratio 10.86 10.87 8.77 7.06 6.59 6.53 6.88 6.82 6.54 6.99 7.42 8.22 8.08 8.23 6.42 5.94 5.88 5.41 6.28 5.93 5.344
P/FCF 20.11 19.91 21.78 20.47 19.05 22.04 21.11 26.48 29.59 24.90 29.17 25.99 25.12 27.31 20.96 23.21 21.72 18.29 19.76 15.23 15.232
P/OCF 15.60 15.20 16.12 14.10 13.15 13.98 14.55 16.57 17.54 16.51 19.10 18.53 18.06 19.47 15.81 17.11 16.71 14.63 15.97 12.86 12.857
EV/EBITDA 14.43 14.01 15.16 12.44 11.29 10.73 12.31 13.13 14.19 16.03 16.91 17.31 15.73 15.31 12.75 11.98 11.68 10.88 13.51 13.53 13.533
EV/Revenue 2.31 2.21 2.36 1.90 1.75 1.69 1.87 1.92 1.91 2.07 2.25 2.43 2.35 2.37 2.01 1.89 1.88 1.74 1.99 1.87 1.868
EV/EBIT 17.44 16.98 18.64 15.49 14.15 13.42 15.62 16.99 19.05 22.13 23.12 23.27 20.69 19.92 16.46 15.50 15.07 14.09 16.60 15.60 15.600
EV/FCF 22.41 22.18 25.58 24.91 23.47 27.19 25.54 32.08 36.12 30.05 34.77 30.50 29.54 32.03 24.90 27.92 26.17 22.36 24.72 19.28 19.277
Earnings Yield 4.5% 4.6% 4.4% 5.4% 6.0% 6.5% 5.4% 4.9% 4.3% 3.4% 3.2% 3.2% 3.7% 3.8% 4.8% 5.1% 5.2% 5.6% 4.9% 5.2% 5.19%
FCF Yield 5.0% 5.0% 4.6% 4.9% 5.2% 4.5% 4.7% 3.8% 3.4% 4.0% 3.4% 3.8% 4.0% 3.7% 4.8% 4.3% 4.6% 5.5% 5.1% 6.6% 6.56%
PEG Ratio snapshot only 11.126
EV/OCF snapshot only 16.270
EV/Gross Profit snapshot only 6.498
Acquirers Multiple snapshot only 15.008
Shareholder Yield snapshot only 5.05%
Graham Number snapshot only $76.61
Leverage & Solvency
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Current Ratio 1.25 1.25 1.07 1.07 1.07 1.07 0.99 0.99 0.99 0.99 1.04 1.04 1.04 1.04 1.08 1.08 1.08 1.08 1.13 1.13 1.127
Quick Ratio 0.88 0.88 0.72 0.72 0.72 0.72 0.63 0.63 0.63 0.63 0.69 0.69 0.69 0.69 0.73 0.73 0.73 0.73 0.76 0.76 0.759
Debt/Equity 1.41 1.41 1.61 1.61 1.61 1.61 1.53 1.53 1.53 1.53 1.52 1.52 1.52 1.52 1.36 1.36 1.36 1.36 1.66 1.66 1.665
Net Debt/Equity 1.24 1.24 1.53 1.53 1.53 1.53 1.44 1.44 1.44 1.44 1.42 1.42 1.42 1.42 1.20 1.20 1.20 1.20 1.57 1.57 1.574
Debt/Assets 0.35 0.35 0.39 0.39 0.39 0.39 0.39 0.39 0.39 0.39 0.40 0.40 0.40 0.40 0.38 0.38 0.38 0.38 0.42 0.42 0.424
Debt/EBITDA 1.68 1.63 2.38 2.34 2.24 2.15 2.26 2.42 2.71 2.90 2.92 2.74 2.52 2.42 2.28 2.29 2.25 2.24 2.86 3.00 3.002
Net Debt/EBITDA 1.48 1.44 2.25 2.21 2.13 2.04 2.14 2.29 2.57 2.75 2.72 2.56 2.36 2.26 2.01 2.02 1.99 1.98 2.71 2.84 2.839
Interest Coverage 16.41 16.26 15.14 14.50 14.09 14.16 12.88 10.88 8.35 6.92 6.84 7.28 8.25 8.78 9.15 8.93 8.76 8.53 7.83 7.70 7.699
Equity Multiplier 4.07 4.07 4.14 4.14 4.14 4.14 3.91 3.91 3.91 3.91 3.86 3.86 3.86 3.86 3.63 3.63 3.63 3.63 3.93 3.93 3.926
Cash Ratio snapshot only 0.076
Debt Service Coverage snapshot only 8.875
Cash to Debt snapshot only 0.054
FCF to Debt snapshot only 0.234
Defensive Interval snapshot only 424.2 days
Efficiency & Turnover
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Asset Turnover 1.36 1.42 1.20 1.24 1.27 1.31 1.14 1.10 1.07 1.04 1.04 1.05 1.06 1.07 1.05 1.05 1.05 1.06 1.03 1.05 1.047
Inventory Turnover 8.18 8.57 7.50 7.82 8.04 8.26 6.92 6.73 6.56 6.36 6.31 6.30 6.34 6.38 6.56 6.56 6.57 6.60 6.46 6.57 6.567
Receivables Turnover 6.43 6.71 6.32 6.55 6.73 6.92 6.46 6.26 6.07 5.92 6.00 6.06 6.16 6.22 6.08 6.08 6.07 6.09 5.96 6.06 6.064
Payables Turnover 5.52 5.79 5.19 5.40 5.56 5.71 5.03 4.89 4.76 4.62 4.65 4.65 4.68 4.71 4.76 4.76 4.77 4.79 4.85 4.93 4.931
DSO 57 54 58 56 54 53 57 58 60 62 61 60 59 59 60 60 60 60 61 60 60.2 days
DIO 45 43 49 47 45 44 53 54 56 57 58 58 58 57 56 56 56 55 57 56 55.6 days
DPO 66 63 70 68 66 64 73 75 77 79 78 78 78 77 77 77 77 76 75 74 74.0 days
Cash Conversion Cycle 35 34 36 35 34 33 37 38 39 40 40 40 39 38 39 39 39 39 42 42 41.7 days
Fixed Asset Turnover snapshot only 5.602
Operating Cycle snapshot only 115.8 days
Cash Velocity snapshot only 44.407
Capital Intensity snapshot only 0.977
Growth (YoY)
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Revenue 16.0% 21.7% 20.6% 19.3% 13.7% 11.9% 7.5% 0.6% -5.1% -10.0% -7.5% -3.5% 1.1% 4.8% 4.7% 3.6% 1.7% 1.0% 1.1% 2.9% 2.89%
Net Income 41.1% 42.1% 33.1% 15.5% 3.3% 9.1% 2.3% -6.7% -25.5% -40.9% -33.6% -18.5% 11.4% 39.6% 40.1% 26.1% 12.7% 3.2% -2.4% -1.3% -1.29%
EPS 41.1% 42.6% 33.9% 16.7% 5.4% 11.5% 4.8% -5.0% -24.5% -40.2% -33.1% -18.0% 11.4% 39.9% 41.2% 28.6% 16.6% 6.5% 1.4% 1.8% 1.79%
FCF 79.1% 57.8% 45.4% -11.4% -17.8% -30.3% -14.5% -21.1% -32.5% -0.0% -18.4% 28.5% 52.3% 12.5% 30.9% -12.1% -8.5% 6.7% 0.6% 47.6% 47.57%
EBITDA 40.9% 41.7% 29.1% 20.3% 10.0% 11.5% 5.1% -3.7% -17.3% -26.0% -19.1% -7.4% 12.4% 25.6% 24.3% 16.3% 9.1% 4.8% -5.7% -9.8% -9.78%
Op. Income 33.9% 34.5% 23.4% 13.0% 5.5% 5.3% 0.9% -6.7% -17.1% -22.4% -10.9% 2.0% 16.6% 24.2% 16.7% 8.7% 2.9% 0.5% -1.0% 1.7% 1.65%
OCF Growth snapshot only 28.84%
Asset Growth snapshot only 4.73%
Equity Growth snapshot only -3.04%
Debt Growth snapshot only 18.42%
Shares Change snapshot only -3.02%
Dividend Growth snapshot only 3.44%
Growth (CAGR)
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Revenue 3Y 3.8% 4.9% 5.5% 6.9% 8.2% 9.2% 8.5% 7.5% 7.8% 7.0% 6.3% 5.0% 3.0% 1.9% 1.4% 0.2% -0.8% -1.6% -0.7% 0.9% 0.95%
Revenue 5Y 5.8% 6.5% 6.7% 7.1% 7.4% 7.4% 6.4% 5.1% 3.8% 3.0% 3.2% 3.5% 4.0% 4.2% 4.4% 4.4% 5.2% 5.4% 4.9% 4.3% 4.29%
EPS 3Y 42.6% 36.6% 18.2% 55.9% 47.9% 52.6% 37.2% 6.3% 4.0% -1.7% -2.1% -3.1% -3.9% -2.3% -0.3% 0.1% -0.6% -3.8% -1.4% 2.4% 2.39%
EPS 5Y 20.9% 20.8% 20.0% 18.1% 16.7% 17.3% 24.2% 20.5% 18.2% 11.2% 3.0% 24.2% 22.2% 24.3% 19.5% 4.8% 7.9% 7.2% 6.1% 3.6% 3.55%
Net Income 3Y 39.7% 34.1% 16.6% 55.1% 46.2% 50.8% 35.6% 5.2% 2.8% -2.9% -3.3% -4.2% -5.0% -3.5% -1.6% -1.4% -2.2% -5.2% -3.1% 0.5% 0.47%
Net Income 5Y 19.0% 18.9% 18.2% 16.2% 14.6% 15.2% 21.9% 18.2% 16.0% 9.2% 1.5% 23.2% 21.0% 23.1% 18.3% 3.6% 6.4% 5.7% 4.4% 1.8% 1.79%
EBITDA 3Y 14.5% 14.7% 18.1% 55.0% 49.9% 50.4% 39.7% 9.6% 8.6% 5.3% 3.2% 2.4% 0.7% 1.2% 1.9% 1.2% 0.4% -0.9% -1.8% -1.0% -0.96%
EBITDA 5Y 10.8% 12.0% 11.1% 11.5% 12.1% 12.6% 10.6% 8.5% 6.4% 4.5% 7.0% 27.1% 25.6% 25.9% 22.4% 7.2% 9.5% 9.0% 5.2% 2.4% 2.39%
Gross Profit 3Y 5.5% 6.4% 6.6% 7.6% 9.0% 9.6% 8.1% 6.2% 6.7% 5.9% 5.8% 5.2% 3.6% 3.1% 3.0% 2.3% 1.0% 0.2% 1.9% 4.0% 3.95%
Gross Profit 5Y 6.1% 6.6% 6.3% 6.5% 6.8% 7.0% 5.8% 4.5% 3.1% 2.7% 3.6% 4.6% 5.7% 5.9% 5.9% 5.5% 6.5% 6.4% 5.8% 4.9% 4.94%
Op. Income 3Y 9.8% 11.5% 9.8% 10.2% 11.5% 11.5% 9.3% 5.9% 5.4% 3.2% 3.5% 2.5% 0.7% 0.5% 1.6% 1.1% -0.2% -1.1% 0.9% 4.1% 4.06%
Op. Income 5Y 12.9% 13.0% 12.1% 11.6% 11.2% 10.3% 7.7% 5.1% 3.0% 2.5% 3.5% 5.0% 6.0% 6.0% 6.3% 5.7% 7.0% 6.5% 5.1% 3.5% 3.51%
FCF 3Y 22.3% 60.0% 56.7% 45.3% 42.3% 6.3% 10.6% 4.0% -0.2% 3.2% 0.5% -3.5% -5.5% -7.8% -3.0% -3.8% -2.0% 6.3% 2.5% 18.6% 18.57%
FCF 5Y 17.6% 16.9% 15.4% 11.2% 15.3% 7.8% 9.3% 4.6% 0.3% 23.3% 21.9% 25.5% 24.2% 6.2% 7.7% 4.9% 6.7% 5.7% 6.0% 3.1% 3.10%
OCF 3Y 15.3% 34.0% 31.7% 26.4% 25.6% 6.8% 8.8% 5.4% 3.1% 6.0% 3.2% -0.4% -3.0% -5.7% -3.6% -5.9% -5.5% -1.6% -2.8% 7.3% 7.32%
OCF 5Y 15.0% 14.3% 12.3% 9.7% 12.0% 8.0% 8.1% 5.2% 2.2% 14.1% 12.5% 14.6% 14.3% 4.1% 4.7% 2.3% 3.3% 3.5% 3.2% 1.6% 1.58%
Assets 3Y 5.9% 5.9% 15.5% 15.5% 15.5% 15.5% 13.1% 13.1% 13.1% 13.1% 10.4% 10.4% 10.4% 10.4% 1.8% 1.8% 1.8% 1.8% 3.4% 3.4% 3.45%
Assets 5Y 8.1% 8.1% 12.6% 12.6% 12.6% 12.6% 9.1% 9.1% 9.1% 9.1% 9.7% 9.7% 9.7% 9.7% 8.9% 8.9% 8.9% 8.9% 7.6% 7.6% 7.61%
Equity 3Y 12.8% 12.8% 26.3% 26.3% 26.3% 26.3% 19.1% 19.1% 19.1% 19.1% 12.4% 12.4% 12.4% 12.4% 6.3% 6.3% 6.3% 6.3% 3.3% 3.3% 3.33%
Book Value 3Y 15.0% 14.9% 28.1% 27.0% 27.8% 27.8% 20.5% 20.3% 20.4% 20.5% 13.8% 13.7% 13.6% 13.7% 7.7% 7.9% 8.0% 7.9% 5.2% 5.3% 5.31%
Dividend 3Y 4.5% 5.6% 5.3% 4.6% 4.7% 4.0% 3.9% 3.7% 3.7% 3.7% 3.7% 3.6% 3.7% 3.8% 4.0% 4.1% 3.8% 3.2% 3.1% 3.1% 3.07%
Growth Quality
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Revenue Stability 0.75 0.69 0.75 0.81 0.82 0.78 0.80 0.80 0.68 0.54 0.61 0.69 0.71 0.56 0.62 0.62 0.57 0.49 0.59 0.77 0.774
Earnings Stability 0.51 0.49 0.67 0.69 0.71 0.70 0.80 0.75 0.61 0.43 0.29 0.37 0.36 0.29 0.32 0.05 0.06 0.01 0.02 0.00 0.004
Margin Stability 0.97 0.98 0.98 0.98 0.97 0.98 0.98 0.98 0.97 0.98 0.98 0.97 0.96 0.96 0.97 0.97 0.96 0.96 0.96 0.96 0.964
Rev. Growth Consistency 0.50 0.50 0.50 1.00 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 1.00 1.00 1.00 1.000
Earn. Growth Consistency 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 1.00 0.00 0.00 0.000
FCF Positive Streak 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Earnings Persistence 0.84 0.83 0.87 0.94 0.99 0.96 0.99 0.97 0.90 0.84 0.87 0.93 0.95 0.84 0.84 0.90 0.95 0.99 0.99 0.99 0.995
Earnings Smoothness 0.66 0.65 0.72 0.86 0.97 0.91 0.98 0.93 0.71 0.49 0.60 0.80 0.89 0.67 0.67 0.77 0.88 0.97 0.98 0.99 0.987
ROE Trend 0.15 0.16 0.07 -0.07 -0.07 -0.04 -0.01 -0.07 -0.16 -0.22 -0.14 -0.10 -0.04 -0.01 0.00 0.00 0.02 0.02 0.04 0.03 0.026
Gross Margin Trend 0.02 0.01 0.00 -0.01 -0.01 -0.01 -0.01 -0.01 -0.02 -0.01 0.00 0.01 0.02 0.02 0.02 0.02 0.01 0.01 0.01 0.00 0.004
FCF Margin Trend 0.05 0.03 0.02 -0.01 -0.01 -0.03 -0.01 -0.03 -0.04 -0.01 -0.02 0.01 0.02 0.01 0.01 -0.00 0.01 0.01 0.01 0.02 0.023
Sustainable Growth Rate 39.0% 39.4% 30.3% 29.4% 30.9% 34.0% 26.2% 22.1% 16.1% 11.7% 11.8% 14.1% 17.5% 19.3% 19.3% 18.8% 19.2% 18.4% 17.5% 17.5% 17.50%
Internal Growth Rate 10.0% 10.1% 8.0% 7.7% 8.1% 9.0% 7.0% 5.8% 4.2% 3.0% 3.1% 3.8% 4.7% 5.2% 5.4% 5.3% 5.4% 5.2% 4.9% 4.9% 4.86%
Cash Flow Quality
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
OCF/Net Income 1.42 1.43 1.41 1.32 1.27 1.10 1.27 1.23 1.34 1.78 1.64 1.70 1.51 1.33 1.33 1.15 1.14 1.23 1.28 1.50 1.499
FCF/OCF 0.78 0.76 0.74 0.69 0.69 0.63 0.69 0.63 0.59 0.66 0.65 0.71 0.72 0.71 0.75 0.74 0.77 0.80 0.81 0.84 0.844
FCF/Net Income snapshot only 1.265
OCF/EBITDA snapshot only 0.832
CapEx/Revenue 3.0% 3.1% 3.2% 3.4% 3.3% 3.6% 3.3% 3.6% 3.6% 3.5% 3.4% 3.2% 3.1% 3.0% 2.6% 2.4% 2.1% 2.0% 1.9% 1.8% 1.79%
CapEx/Depreciation snapshot only 0.979
Accruals Ratio -0.05 -0.06 -0.04 -0.03 -0.03 -0.01 -0.03 -0.02 -0.02 -0.05 -0.04 -0.05 -0.04 -0.03 -0.03 -0.01 -0.01 -0.02 -0.02 -0.04 -0.040
Sloan Accruals snapshot only -0.005
Cash Flow Adequacy snapshot only 2.285
Earnings Quality Score snapshot only 1.000
Dividends & Buybacks
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Dividend Yield 1.3% 1.3% 1.3% 1.7% 1.8% 1.9% 1.7% 1.8% 1.9% 1.8% 1.6% 1.5% 1.6% 1.6% 1.9% 2.1% 2.1% 2.3% 2.0% 2.2% 2.36%
Dividend/Share $2.48 $2.58 $2.64 $2.71 $2.80 $2.86 $2.93 $2.99 $3.06 $3.11 $3.17 $3.22 $3.29 $3.37 $3.45 $3.55 $3.63 $3.66 $3.73 $3.78 $3.76
Payout Ratio 28.3% 28.8% 29.8% 30.9% 30.3% 28.7% 31.6% 35.8% 43.8% 52.2% 51.0% 47.1% 42.3% 40.4% 39.4% 40.3% 40.0% 41.2% 41.9% 42.2% 42.23%
FCF Payout Ratio 25.7% 26.4% 28.5% 33.9% 34.5% 41.1% 36.1% 46.5% 55.1% 44.2% 47.5% 38.8% 39.0% 42.5% 39.2% 47.6% 45.4% 41.8% 40.5% 33.4% 33.37%
Total Payout Ratio 49.2% 52.6% 54.2% 68.9% 77.0% 74.4% 81.7% 76.8% 79.2% 89.1% 78.4% 65.6% 56.4% 59.4% 74.5% 1.1% 1.2% 1.3% 1.3% 97.4% 97.39%
Div. Increase Streak 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Chowder Number 0.09 0.13 0.13 0.14 0.12 0.11 0.10 0.10 0.10 0.09 0.09 0.09 0.09 0.10 0.10 0.10 0.09 0.07 0.06 0.06 0.056
Buyback Yield 0.9% 1.1% 1.1% 2.0% 2.8% 3.0% 2.7% 2.0% 1.5% 1.3% 0.9% 0.6% 0.5% 0.7% 1.7% 3.6% 4.2% 4.7% 4.1% 2.9% 2.86%
Net Buyback Yield 0.9% 1.1% 1.1% 2.0% 2.8% 3.0% 2.7% 2.0% 1.5% 1.3% 0.9% 0.6% 0.5% 0.7% 1.7% 3.6% 4.2% 4.7% 4.1% 2.9% 2.86%
Total Shareholder Return 2.2% 2.4% 2.4% 3.7% 4.6% 4.8% 4.4% 3.8% 3.4% 3.0% 2.5% 2.1% 2.1% 2.3% 3.5% 5.6% 6.3% 7.0% 6.1% 5.1% 5.05%
DuPont Factors
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Tax Burden (NI/EBT) 0.76 0.75 0.75 0.74 0.74 0.76 0.76 0.76 0.75 0.73 0.72 0.73 0.73 0.74 0.74 0.74 0.74 0.73 0.74 0.74 0.735
Interest Burden (EBT/EBIT) 0.93 0.93 0.93 0.93 0.93 0.93 0.92 0.91 0.88 0.86 0.85 0.86 0.88 0.89 0.89 0.89 0.89 0.88 0.87 0.87 0.870
EBIT Margin 0.13 0.13 0.13 0.12 0.12 0.13 0.12 0.11 0.10 0.09 0.10 0.10 0.11 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.120
Asset Turnover 1.36 1.42 1.20 1.24 1.27 1.31 1.14 1.10 1.07 1.04 1.04 1.05 1.06 1.07 1.05 1.05 1.05 1.06 1.03 1.05 1.047
Equity Multiplier 4.29 4.29 4.11 4.11 4.11 4.11 4.02 4.02 4.02 4.02 3.88 3.88 3.88 3.88 3.74 3.74 3.74 3.74 3.78 3.78 3.778
Per Share
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
EPS (Diluted TTM) $8.77 $8.95 $8.85 $8.78 $9.25 $9.97 $9.28 $8.34 $6.99 $5.96 $6.21 $6.84 $7.79 $8.34 $8.77 $8.80 $9.08 $8.88 $8.89 $8.96 $8.96
Book Value/Share $17.90 $17.92 $23.02 $23.19 $23.44 $23.50 $24.90 $24.93 $25.09 $25.09 $26.27 $26.27 $26.27 $26.34 $28.76 $29.12 $29.53 $29.53 $28.97 $29.12 $29.88
Tangible Book/Share $1.65 $1.66 $-10.39 $-10.46 $-10.58 $-10.60 $-8.22 $-8.23 $-8.28 $-8.28 $-9.07 $-9.07 $-9.07 $-9.09 $-5.21 $-5.28 $-5.35 $-5.35 $-11.08 $-11.14 $-11.14
Revenue/Share $93.95 $98.16 $100.58 $104.90 $109.03 $112.29 $110.78 $107.42 $104.92 $102.22 $103.26 $104.33 $106.12 $107.43 $108.90 $110.24 $111.60 $112.01 $114.41 $116.96 $116.96
FCF/Share $9.67 $9.78 $9.27 $8.00 $8.11 $6.96 $8.12 $6.43 $5.55 $7.04 $6.68 $8.31 $8.45 $7.94 $8.80 $7.45 $8.00 $8.74 $9.20 $11.34 $11.34
OCF/Share $12.46 $12.81 $12.52 $11.61 $11.75 $10.98 $11.78 $10.27 $9.36 $10.62 $10.20 $11.65 $11.75 $11.13 $11.68 $10.11 $10.39 $10.93 $11.39 $13.43 $13.43
Cash/Share $3.01 $3.01 $1.95 $1.96 $1.98 $1.99 $2.05 $2.05 $2.06 $2.06 $2.65 $2.65 $2.65 $2.66 $4.57 $4.62 $4.69 $4.69 $2.62 $2.63 $3.31
EBITDA/Share $15.01 $15.49 $15.63 $16.01 $16.86 $17.65 $16.84 $15.70 $14.12 $13.20 $13.73 $14.63 $15.87 $16.61 $17.20 $17.36 $17.91 $17.97 $16.84 $16.15 $16.15
Debt/Share $25.26 $25.29 $37.14 $37.41 $37.82 $37.91 $38.02 $38.06 $38.30 $38.30 $40.05 $40.05 $40.05 $40.15 $39.21 $39.70 $40.26 $40.26 $48.23 $48.48 $48.48
Net Debt/Share $22.25 $22.28 $35.19 $35.45 $35.83 $35.92 $35.97 $36.01 $36.23 $36.23 $37.40 $37.40 $37.40 $37.49 $34.64 $35.08 $35.57 $35.57 $45.61 $45.85 $45.85
Academic Models
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Altman Z-Score 3.580
Altman Z-Prime snapshot only 5.276
Piotroski F-Score 9 8 7 7 6 5 6 5 4 5 7 7 8 9 8 8 8 7 7 7 7
Beneish M-Score -2.60 -2.59 -2.32 -2.28 -2.29 -2.22 -2.60 -2.60 -2.62 -2.78 -2.69 -2.73 -2.69 -2.58 -2.57 -2.50 -2.49 -2.54 -2.54 -2.59 -2.586
Ohlson O-Score snapshot only -6.604
Net-Net WC snapshot only $-46.35
EVA snapshot only $246864986.68
Credit
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Credit Rating snapshot only A
Credit Score 86.00 86.54 72.70 72.22 72.39 73.48 72.95 71.67 68.22 66.30 67.49 69.53 69.95 71.97 69.76 70.51 70.69 72.11 70.63 71.17 71.165
Credit Grade snapshot only 6
Credit Trend snapshot only 0.659
Implied Spread (bps) snapshot only 150.000
Industry Credit Rank snapshot only 69
Sector Credit Rank snapshot only 64

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