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Side-by-side financial comparison of Avery Dennison (AVY) and CONSTELLIUM SE (CSTM). Click either name above to swap in a different company.
Avery Dennison is the larger business by last-quarter revenue ($2.3B vs $2.2B, roughly 1.0× CONSTELLIUM SE). Avery Dennison runs the higher net margin — 7.3% vs 5.1%, a 2.2% gap on every dollar of revenue. Avery Dennison produced more free cash flow last quarter ($309.7M vs $109.0M).
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.
Constellium SE is an American-Swiss, French-based global manufacturer of aluminium rolled products, extruded products, and structural parts based on a large variety of advanced alloys. Constellium's C-TEC research center has been credited for advancing technology in the field of advanced aluminium alloy. Constellium primarily serves the aerospace, automotive, and packaging sectors. Large clients include Mercedes-Benz, Audi, BMW, Fiat Chrysler Automotive, Ford, Airbus, Boeing, and Bombardier.
AVY vs CSTM — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $2.3B | $2.2B |
| Net Profit | $166.4M | $112.0M |
| Gross Margin | 28.7% | — |
| Operating Margin | 9.1% | 7.5% |
| Net Margin | 7.3% | 5.1% |
| Revenue YoY | 3.9% | — |
| Net Profit YoY | -4.4% | — |
| EPS (diluted) | $2.16 | $0.79 |
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.
| Q4 25 | $2.3B | $2.2B | ||
| Q3 25 | $2.2B | $2.2B | ||
| Q2 25 | $2.2B | $2.1B | ||
| Q1 25 | $2.1B | $2.0B | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.2B | $1.9B | ||
| Q1 24 | $2.2B | — |
| Q4 25 | $166.4M | $112.0M | ||
| Q3 25 | $166.3M | $88.0M | ||
| Q2 25 | $189.0M | $36.0M | ||
| Q1 25 | $166.3M | $37.0M | ||
| Q4 24 | $174.0M | — | ||
| Q3 24 | $181.7M | — | ||
| Q2 24 | $176.8M | $76.0M | ||
| Q1 24 | $172.4M | — |
| Q4 25 | 28.7% | — | ||
| Q3 25 | 28.7% | — | ||
| Q2 25 | 28.8% | — | ||
| Q1 25 | 28.9% | — | ||
| Q4 24 | 27.9% | — | ||
| Q3 24 | 28.7% | — | ||
| Q2 24 | 29.6% | — | ||
| Q1 24 | 29.4% | — |
| Q4 25 | 9.1% | 7.5% | ||
| Q3 25 | 10.6% | 5.8% | ||
| Q2 25 | 11.5% | 2.7% | ||
| Q1 25 | 10.6% | 3.1% | ||
| Q4 24 | 11.0% | — | ||
| Q3 24 | 11.0% | — | ||
| Q2 24 | 10.7% | 5.4% | ||
| Q1 24 | 10.9% | — |
| Q4 25 | 7.3% | 5.1% | ||
| Q3 25 | 7.5% | 4.1% | ||
| Q2 25 | 8.5% | 1.7% | ||
| Q1 25 | 7.7% | 1.9% | ||
| Q4 24 | 8.0% | — | ||
| Q3 24 | 8.3% | — | ||
| Q2 24 | 7.9% | 3.9% | ||
| Q1 24 | 8.0% | — |
| Q4 25 | $2.16 | $0.79 | ||
| Q3 25 | $2.13 | $0.62 | ||
| Q2 25 | $2.41 | $0.25 | ||
| Q1 25 | $2.09 | $0.26 | ||
| Q4 24 | $2.17 | — | ||
| Q3 24 | $2.25 | — | ||
| Q2 24 | $2.18 | $0.51 | ||
| Q1 24 | $2.13 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $202.8M | $120.0M |
| Total DebtLower is stronger | $3.2B | $1.9B |
| Stockholders' EquityBook value | $2.2B | $952.0M |
| Total Assets | $8.8B | $5.4B |
| Debt / EquityLower = less leverage | 1.43× | 2.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $202.8M | $120.0M | ||
| Q3 25 | $536.3M | $122.0M | ||
| Q2 25 | $215.9M | $133.0M | ||
| Q1 25 | $195.9M | $118.0M | ||
| Q4 24 | $329.1M | — | ||
| Q3 24 | $212.7M | — | ||
| Q2 24 | $208.8M | — | ||
| Q1 24 | $185.7M | — |
| Q4 25 | $3.2B | $1.9B | ||
| Q3 25 | $3.2B | $2.0B | ||
| Q2 25 | $2.6B | $2.0B | ||
| Q1 25 | $2.6B | $1.9B | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $2.1B | — |
| Q4 25 | $2.2B | $952.0M | ||
| Q3 25 | $2.2B | $845.0M | ||
| Q2 25 | $2.2B | $780.0M | ||
| Q1 25 | $2.2B | $745.0M | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.3B | $796.0M | ||
| Q1 24 | $2.2B | — |
| Q4 25 | $8.8B | $5.4B | ||
| Q3 25 | $8.9B | $5.4B | ||
| Q2 25 | $8.6B | $5.4B | ||
| Q1 25 | $8.4B | $5.2B | ||
| Q4 24 | $8.4B | — | ||
| Q3 24 | $8.5B | — | ||
| Q2 24 | $8.3B | — | ||
| Q1 24 | $8.3B | — |
| Q4 25 | 1.43× | 2.00× | ||
| Q3 25 | 1.45× | 2.34× | ||
| Q2 25 | 1.19× | 2.53× | ||
| Q1 25 | 1.19× | 2.56× | ||
| Q4 24 | 1.11× | — | ||
| Q3 24 | 0.85× | — | ||
| Q2 24 | 0.89× | — | ||
| Q1 24 | 0.94× | — |
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 | $376.8M | $218.0M |
| Free Cash FlowOCF − Capex | $309.7M | $109.0M |
| FCF MarginFCF / Revenue | 13.6% | 5.0% |
| Capex IntensityCapex / Revenue | 3.0% | 5.0% |
| Cash ConversionOCF / Net Profit | 2.26× | 1.95× |
| TTM Free Cash FlowTrailing 4 quarters | $712.4M | $159.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $376.8M | $218.0M | ||
| Q3 25 | $312.1M | $99.0M | ||
| Q2 25 | $208.8M | $114.0M | ||
| Q1 25 | $-16.3M | $58.0M | ||
| Q4 24 | $351.2M | — | ||
| Q3 24 | $270.1M | — | ||
| Q2 24 | $197.7M | $138.0M | ||
| Q1 24 | $119.8M | — |
| Q4 25 | $309.7M | $109.0M | ||
| Q3 25 | $276.2M | $24.0M | ||
| Q2 25 | $178.8M | $37.0M | ||
| Q1 25 | $-52.3M | $-11.0M | ||
| Q4 24 | $281.7M | — | ||
| Q3 24 | $227.1M | — | ||
| Q2 24 | $150.2M | $54.0M | ||
| Q1 24 | $71.0M | — |
| Q4 25 | 13.6% | 5.0% | ||
| Q3 25 | 12.5% | 1.1% | ||
| Q2 25 | 8.1% | 1.8% | ||
| Q1 25 | -2.4% | -0.6% | ||
| Q4 24 | 12.9% | — | ||
| Q3 24 | 10.4% | — | ||
| Q2 24 | 6.7% | 2.8% | ||
| Q1 24 | 3.3% | — |
| Q4 25 | 3.0% | 5.0% | ||
| Q3 25 | 1.6% | 3.5% | ||
| Q2 25 | 1.4% | 3.7% | ||
| Q1 25 | 1.7% | 3.5% | ||
| Q4 24 | 3.2% | — | ||
| Q3 24 | 2.0% | — | ||
| Q2 24 | 2.1% | 4.3% | ||
| Q1 24 | 2.3% | — |
| Q4 25 | 2.26× | 1.95× | ||
| Q3 25 | 1.88× | 1.13× | ||
| Q2 25 | 1.10× | 3.17× | ||
| Q1 25 | -0.10× | 1.57× | ||
| Q4 24 | 2.02× | — | ||
| Q3 24 | 1.49× | — | ||
| Q2 24 | 1.12× | 1.82× | ||
| Q1 24 | 0.69× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AVY
| Other | $1.1B | 47% |
| Materials Group Segment | $475.0M | 21% |
| Apparel And Other | $460.8M | 20% |
| Identification Solutions And Vestcom | $263.4M | 12% |
CSTM
| Packaging Rolled Products | $1.0B | 46% |
| Automotive Rolled Products | $318.0M | 14% |
| Aerospace Rolled Products | $270.0M | 12% |
| Transportation Industry Defense And Other Rolled Products | $232.0M | 11% |
| Automotive Extruded Products | $220.0M | 10% |
| Other Extruded Products | $132.0M | 6% |
| Specialty And Other Thin Rolled Products | $22.0M | 1% |
