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Side-by-side financial comparison of Avery Dennison (AVY) and CVR ENERGY INC (CVI). Click either name above to swap in a different company.

Avery Dennison is the larger business by last-quarter revenue ($2.3B vs $1.8B, roughly 1.3× CVR ENERGY INC). Avery Dennison runs the higher net margin — 7.3% vs -6.1%, a 13.4% gap on every dollar of revenue. On growth, Avery Dennison posted the faster year-over-year revenue change (7.0% vs -7.0%). Over the past eight quarters, Avery Dennison's revenue compounded faster (1.4% 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.

CVR Energy Inc is a United States-based energy holding company operating two core segments: petroleum refining and nitrogen fertilizer manufacturing. It produces a wide range of products including gasoline, diesel, jet fuel, and agricultural fertilizers, primarily serving commercial, industrial and agricultural customers across North America.

AVY vs CVI — Head-to-Head

Bigger by revenue
AVY
AVY
1.3× larger
AVY
$2.3B
$1.8B
CVI
Growing faster (revenue YoY)
AVY
AVY
+14.0% gap
AVY
7.0%
-7.0%
CVI
Higher net margin
AVY
AVY
13.4% more per $
AVY
7.3%
-6.1%
CVI
Faster 2-yr revenue CAGR
AVY
AVY
Annualised
AVY
1.4%
-1.4%
CVI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AVY
AVY
CVI
CVI
Revenue
$2.3B
$1.8B
Net Profit
$168.1M
$-110.0M
Gross Margin
28.9%
-3.1%
Operating Margin
10.7%
-5.3%
Net Margin
7.3%
-6.1%
Revenue YoY
7.0%
-7.0%
Net Profit YoY
1.1%
-492.9%
EPS (diluted)
$-1.09

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.

Revenue
AVY
AVY
CVI
CVI
Q1 26
$2.3B
Q4 25
$2.3B
$1.8B
Q3 25
$2.2B
$1.9B
Q2 25
$2.2B
$1.8B
Q1 25
$2.1B
$1.6B
Q4 24
$2.2B
$1.9B
Q3 24
$2.2B
$1.8B
Q2 24
$2.2B
$2.0B
Net Profit
AVY
AVY
CVI
CVI
Q1 26
$168.1M
Q4 25
$166.4M
$-110.0M
Q3 25
$166.3M
$374.0M
Q2 25
$189.0M
$-114.0M
Q1 25
$166.3M
$-123.0M
Q4 24
$174.0M
$28.0M
Q3 24
$181.7M
$-124.0M
Q2 24
$176.8M
$21.0M
Gross Margin
AVY
AVY
CVI
CVI
Q1 26
28.9%
Q4 25
28.7%
-3.1%
Q3 25
28.7%
28.8%
Q2 25
28.8%
-3.7%
Q1 25
28.9%
-5.5%
Q4 24
27.9%
3.0%
Q3 24
28.7%
-3.9%
Q2 24
29.6%
2.9%
Operating Margin
AVY
AVY
CVI
CVI
Q1 26
10.7%
Q4 25
9.1%
-5.3%
Q3 25
10.6%
26.3%
Q2 25
11.5%
-5.8%
Q1 25
10.6%
-8.0%
Q4 24
11.0%
1.1%
Q3 24
11.0%
-6.2%
Q2 24
10.7%
1.4%
Net Margin
AVY
AVY
CVI
CVI
Q1 26
7.3%
Q4 25
7.3%
-6.1%
Q3 25
7.5%
19.2%
Q2 25
8.5%
-6.5%
Q1 25
7.7%
-7.5%
Q4 24
8.0%
1.4%
Q3 24
8.3%
-6.8%
Q2 24
7.9%
1.1%
EPS (diluted)
AVY
AVY
CVI
CVI
Q1 26
Q4 25
$2.16
$-1.09
Q3 25
$2.13
$3.72
Q2 25
$2.41
$-1.14
Q1 25
$2.09
$-1.22
Q4 24
$2.17
$0.28
Q3 24
$2.25
$-1.24
Q2 24
$2.18
$0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVY
AVY
CVI
CVI
Cash + ST InvestmentsLiquidity on hand
$255.1M
$511.0M
Total DebtLower is stronger
$3.2B
$1.8B
Stockholders' EquityBook value
$2.3B
$730.0M
Total Assets
$9.0B
$3.7B
Debt / EquityLower = less leverage
1.38×
2.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVY
AVY
CVI
CVI
Q1 26
$255.1M
Q4 25
$202.8M
$511.0M
Q3 25
$536.3M
$670.0M
Q2 25
$215.9M
$596.0M
Q1 25
$195.9M
$695.0M
Q4 24
$329.1M
$987.0M
Q3 24
$212.7M
$534.0M
Q2 24
$208.8M
$586.0M
Total Debt
AVY
AVY
CVI
CVI
Q1 26
$3.2B
Q4 25
$3.2B
$1.8B
Q3 25
$3.2B
$1.8B
Q2 25
$2.6B
$1.8B
Q1 25
$2.6B
$1.9B
Q4 24
$2.6B
$1.9B
Q3 24
$2.0B
$1.6B
Q2 24
$2.0B
$1.6B
Stockholders' Equity
AVY
AVY
CVI
CVI
Q1 26
$2.3B
Q4 25
$2.2B
$730.0M
Q3 25
$2.2B
$840.0M
Q2 25
$2.2B
$466.0M
Q1 25
$2.2B
$580.0M
Q4 24
$2.3B
$703.0M
Q3 24
$2.4B
$675.0M
Q2 24
$2.3B
$849.0M
Total Assets
AVY
AVY
CVI
CVI
Q1 26
$9.0B
Q4 25
$8.8B
$3.7B
Q3 25
$8.9B
$4.0B
Q2 25
$8.6B
$4.0B
Q1 25
$8.4B
$4.3B
Q4 24
$8.4B
$4.3B
Q3 24
$8.5B
$3.9B
Q2 24
$8.3B
$4.0B
Debt / Equity
AVY
AVY
CVI
CVI
Q1 26
1.38×
Q4 25
1.43×
2.40×
Q3 25
1.45×
2.17×
Q2 25
1.19×
3.97×
Q1 25
1.19×
3.29×
Q4 24
1.11×
2.71×
Q3 24
0.85×
2.33×
Q2 24
0.89×
1.86×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVY
AVY
CVI
CVI
Operating Cash FlowLast quarter
$0
Free Cash FlowOCF − Capex
$104.4M
FCF MarginFCF / Revenue
4.5%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$869.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVY
AVY
CVI
CVI
Q1 26
Q4 25
$376.8M
$0
Q3 25
$312.1M
$163.0M
Q2 25
$208.8M
$176.0M
Q1 25
$-16.3M
$-195.0M
Q4 24
$351.2M
$98.0M
Q3 24
$270.1M
$48.0M
Q2 24
$197.7M
$81.0M
Free Cash Flow
AVY
AVY
CVI
CVI
Q1 26
$104.4M
Q4 25
$309.7M
Q3 25
$276.2M
$125.0M
Q2 25
$178.8M
$135.0M
Q1 25
$-52.3M
$-246.0M
Q4 24
$281.7M
$43.0M
Q3 24
$227.1M
$14.0M
Q2 24
$150.2M
$38.0M
FCF Margin
AVY
AVY
CVI
CVI
Q1 26
4.5%
Q4 25
13.6%
Q3 25
12.5%
6.4%
Q2 25
8.1%
7.7%
Q1 25
-2.4%
-14.9%
Q4 24
12.9%
2.2%
Q3 24
10.4%
0.8%
Q2 24
6.7%
1.9%
Capex Intensity
AVY
AVY
CVI
CVI
Q1 26
Q4 25
3.0%
3.0%
Q3 25
1.6%
2.0%
Q2 25
1.4%
2.3%
Q1 25
1.7%
3.1%
Q4 24
3.2%
2.8%
Q3 24
2.0%
1.9%
Q2 24
2.1%
2.2%
Cash Conversion
AVY
AVY
CVI
CVI
Q1 26
Q4 25
2.26×
Q3 25
1.88×
0.44×
Q2 25
1.10×
Q1 25
-0.10×
Q4 24
2.02×
3.50×
Q3 24
1.49×
Q2 24
1.12×
3.86×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVY
AVY

Materials Group$1.6B72%
Solutions Group$649.2M28%

CVI
CVI

Petroleum Segment$1.6B91%
Product UAN$64.0M4%
Product Ammonia$51.0M3%
Renewables Diesel$27.0M1%
Product Urea Products$8.0M0%
Renewable Fuel Credits$7.0M0%

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