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Side-by-side financial comparison of Avery Dennison (AVY) and TopBuild Corp (BLD). Click either name above to swap in a different company.
Avery Dennison is the larger business by last-quarter revenue ($2.3B vs $1.5B, roughly 1.5× TopBuild Corp). Avery Dennison runs the higher net margin — 7.3% vs 7.0%, a 0.3% gap on every dollar of revenue. On growth, TopBuild Corp posted the faster year-over-year revenue change (13.2% vs 7.0%). TopBuild Corp produced more free cash flow last quarter ($159.4M vs $104.4M). Over the past eight quarters, TopBuild Corp's revenue compounded faster (7.8% CAGR vs 1.4%).
Avery Dennison Corporation is an American multinational manufacturer and distributor of pressure-sensitive adhesive materials, apparel branding labels and tags, RFID inlays, and specialty medical products. The company is a member of the Fortune 500 and is headquartered in Mentor, Ohio.
HashiCorp, Inc. is an American software company with a freemium business model based in San Francisco, California. HashiCorp provides tools and products that enable developers, operators and security professionals to provision, secure, run and connect cloud-computing infrastructure. It was founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company name HashiCorp is a portmanteau of co-founder last name Hashimoto and Corporation.
AVY vs BLD — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.3B | $1.5B |
| Net Profit | $168.1M | $104.5M |
| Gross Margin | 28.9% | 27.2% |
| Operating Margin | 10.7% | 12.1% |
| Net Margin | 7.3% | 7.0% |
| Revenue YoY | 7.0% | 13.2% |
| Net Profit YoY | 1.1% | -30.6% |
| EPS (diluted) | — | $3.69 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | $1.5B | ||
| Q3 25 | $2.2B | $1.4B | ||
| Q2 25 | $2.2B | $1.3B | ||
| Q1 25 | $2.1B | $1.2B | ||
| Q4 24 | $2.2B | $1.3B | ||
| Q3 24 | $2.2B | $1.4B | ||
| Q2 24 | $2.2B | $1.4B |
| Q1 26 | $168.1M | — | ||
| Q4 25 | $166.4M | $104.5M | ||
| Q3 25 | $166.3M | $142.2M | ||
| Q2 25 | $189.0M | $151.6M | ||
| Q1 25 | $166.3M | $123.4M | ||
| Q4 24 | $174.0M | $150.5M | ||
| Q3 24 | $181.7M | $169.0M | ||
| Q2 24 | $176.8M | $150.7M |
| Q1 26 | 28.9% | — | ||
| Q4 25 | 28.7% | 27.2% | ||
| Q3 25 | 28.7% | 30.1% | ||
| Q2 25 | 28.8% | 30.4% | ||
| Q1 25 | 28.9% | 28.5% | ||
| Q4 24 | 27.9% | 29.9% | ||
| Q3 24 | 28.7% | 30.7% | ||
| Q2 24 | 29.6% | 31.0% |
| Q1 26 | 10.7% | — | ||
| Q4 25 | 9.1% | 12.1% | ||
| Q3 25 | 10.6% | 15.4% | ||
| Q2 25 | 11.5% | 16.9% | ||
| Q1 25 | 10.6% | 14.4% | ||
| Q4 24 | 11.0% | 16.6% | ||
| Q3 24 | 11.0% | 17.8% | ||
| Q2 24 | 10.7% | 15.4% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.3% | 7.0% | ||
| Q3 25 | 7.5% | 10.2% | ||
| Q2 25 | 8.5% | 11.7% | ||
| Q1 25 | 7.7% | 10.0% | ||
| Q4 24 | 8.0% | 11.5% | ||
| Q3 24 | 8.3% | 12.3% | ||
| Q2 24 | 7.9% | 11.0% |
| Q1 26 | — | — | ||
| Q4 25 | $2.16 | $3.69 | ||
| Q3 25 | $2.13 | $5.04 | ||
| Q2 25 | $2.41 | $5.32 | ||
| Q1 25 | $2.09 | $4.23 | ||
| Q4 24 | $2.17 | $5.07 | ||
| Q3 24 | $2.25 | $5.65 | ||
| Q2 24 | $2.18 | $4.78 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $255.1M | $184.7M |
| Total DebtLower is stronger | $3.2B | $2.8B |
| Stockholders' EquityBook value | $2.3B | $2.3B |
| Total Assets | $9.0B | $6.6B |
| Debt / EquityLower = less leverage | 1.38× | 1.23× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $255.1M | — | ||
| Q4 25 | $202.8M | $184.7M | ||
| Q3 25 | $536.3M | $1.1B | ||
| Q2 25 | $215.9M | $842.5M | ||
| Q1 25 | $195.9M | $308.8M | ||
| Q4 24 | $329.1M | $400.3M | ||
| Q3 24 | $212.7M | $257.3M | ||
| Q2 24 | $208.8M | $463.2M |
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $2.8B | ||
| Q3 25 | $3.2B | $2.9B | ||
| Q2 25 | $2.6B | $1.9B | ||
| Q1 25 | $2.6B | $1.4B | ||
| Q4 24 | $2.6B | $1.4B | ||
| Q3 24 | $2.0B | $1.4B | ||
| Q2 24 | $2.0B | $1.4B |
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.2B | $2.3B | ||
| Q3 25 | $2.2B | $2.2B | ||
| Q2 25 | $2.2B | $2.1B | ||
| Q1 25 | $2.2B | $2.1B | ||
| Q4 24 | $2.3B | $2.2B | ||
| Q3 24 | $2.4B | $2.1B | ||
| Q2 24 | $2.3B | $2.4B |
| Q1 26 | $9.0B | — | ||
| Q4 25 | $8.8B | $6.6B | ||
| Q3 25 | $8.9B | $6.4B | ||
| Q2 25 | $8.6B | $5.1B | ||
| Q1 25 | $8.4B | $4.6B | ||
| Q4 24 | $8.4B | $4.7B | ||
| Q3 24 | $8.5B | $4.7B | ||
| Q2 24 | $8.3B | $4.9B |
| Q1 26 | 1.38× | — | ||
| Q4 25 | 1.43× | 1.23× | ||
| Q3 25 | 1.45× | 1.29× | ||
| Q2 25 | 1.19× | 0.88× | ||
| Q1 25 | 1.19× | 0.65× | ||
| Q4 24 | 1.11× | 0.62× | ||
| Q3 24 | 0.85× | 0.66× | ||
| Q2 24 | 0.89× | 0.59× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $176.7M |
| Free Cash FlowOCF − Capex | $104.4M | $159.4M |
| FCF MarginFCF / Revenue | 4.5% | 10.7% |
| Capex IntensityCapex / Revenue | — | 1.2% |
| Cash ConversionOCF / Net Profit | — | 1.69× |
| TTM Free Cash FlowTrailing 4 quarters | $869.1M | $696.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $376.8M | $176.7M | ||
| Q3 25 | $312.1M | $233.3M | ||
| Q2 25 | $208.8M | $193.7M | ||
| Q1 25 | $-16.3M | $152.6M | ||
| Q4 24 | $351.2M | $266.2M | ||
| Q3 24 | $270.1M | $240.7M | ||
| Q2 24 | $197.7M | $90.4M |
| Q1 26 | $104.4M | — | ||
| Q4 25 | $309.7M | $159.4M | ||
| Q3 25 | $276.2M | $216.2M | ||
| Q2 25 | $178.8M | $182.2M | ||
| Q1 25 | $-52.3M | $139.2M | ||
| Q4 24 | $281.7M | $253.7M | ||
| Q3 24 | $227.1M | $219.8M | ||
| Q2 24 | $150.2M | $74.3M |
| Q1 26 | 4.5% | — | ||
| Q4 25 | 13.6% | 10.7% | ||
| Q3 25 | 12.5% | 15.5% | ||
| Q2 25 | 8.1% | 14.0% | ||
| Q1 25 | -2.4% | 11.3% | ||
| Q4 24 | 12.9% | 19.3% | ||
| Q3 24 | 10.4% | 16.0% | ||
| Q2 24 | 6.7% | 5.4% |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 1.2% | ||
| Q3 25 | 1.6% | 1.2% | ||
| Q2 25 | 1.4% | 0.9% | ||
| Q1 25 | 1.7% | 1.1% | ||
| Q4 24 | 3.2% | 1.0% | ||
| Q3 24 | 2.0% | 1.5% | ||
| Q2 24 | 2.1% | 1.2% |
| Q1 26 | — | — | ||
| Q4 25 | 2.26× | 1.69× | ||
| Q3 25 | 1.88× | 1.64× | ||
| Q2 25 | 1.10× | 1.28× | ||
| Q1 25 | -0.10× | 1.24× | ||
| Q4 24 | 2.02× | 1.77× | ||
| Q3 24 | 1.49× | 1.42× | ||
| Q2 24 | 1.12× | 0.60× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AVY
| Materials Group | $1.6B | 72% |
| Solutions Group | $649.2M | 28% |
BLD
| Distribution Segment | $755.4M | 51% |
| Residential | $557.9M | 38% |
| All Other Products | $91.9M | 6% |
| Glass And Windows | $51.5M | 3% |
| Rain Gutters | $27.1M | 2% |
