Avery Dennison CorporationAVY
NYSE•Consumer Cyclical•Packaging & Containers
Understand cash generation quality and how management allocates capital.
Free cash flow was $108.20M in the latest quarter (306.9% increase YoY). FCF margin is 1.2%. Shares outstanding declined by 3.0% year-over-year, indicating buybacks (returning capital to shareholders). Free cash flow is the lifeblood of a business — it funds dividends, buybacks, debt reduction, and reinvestment without relying on external capital.
Free cash flow, earnings quality, and capital allocation