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Side-by-side financial comparison of Avery Dennison (AVY) and Fidelity National Information Services (FIS). Click either name above to swap in a different company.
Fidelity National Information Services is the larger business by last-quarter revenue ($2.8B vs $2.3B, roughly 1.2× Avery Dennison). Fidelity National Information Services runs the higher net margin — 18.2% vs 7.3%, a 10.9% gap on every dollar of revenue. On growth, Fidelity National Information Services posted the faster year-over-year revenue change (8.1% vs 7.0%). Fidelity National Information Services produced more free cash flow last quarter ($739.0M vs $104.4M). Over the past eight quarters, Fidelity National Information Services's revenue compounded faster (6.8% 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.
Fidelity National Information Services, Inc. (FIS) is an American multinational corporation which offers a wide range of financial products and services. FIS is most known for its development of Financial Technology, or FinTech. Annually, FIS facilitates the movement of roughly US$9 trillion through the processing of approximately 75 billion transactions in service to more than 20,000 clients around the globe.
AVY vs FIS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.3B | $2.8B |
| Net Profit | $168.1M | $511.0M |
| Gross Margin | 28.9% | 38.3% |
| Operating Margin | 10.7% | 18.8% |
| Net Margin | 7.3% | 18.2% |
| Revenue YoY | 7.0% | 8.1% |
| Net Profit YoY | 1.1% | 97.3% |
| EPS (diluted) | — | $0.98 |
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 | $2.8B | ||
| Q3 25 | $2.2B | $2.7B | ||
| Q2 25 | $2.2B | $2.6B | ||
| Q1 25 | $2.1B | $2.5B | ||
| Q4 24 | $2.2B | $2.6B | ||
| Q3 24 | $2.2B | $2.6B | ||
| Q2 24 | $2.2B | $2.5B |
| Q1 26 | $168.1M | — | ||
| Q4 25 | $166.4M | $511.0M | ||
| Q3 25 | $166.3M | $264.0M | ||
| Q2 25 | $189.0M | $-470.0M | ||
| Q1 25 | $166.3M | $77.0M | ||
| Q4 24 | $174.0M | $259.0M | ||
| Q3 24 | $181.7M | $224.0M | ||
| Q2 24 | $176.8M | $243.0M |
| Q1 26 | 28.9% | — | ||
| Q4 25 | 28.7% | 38.3% | ||
| Q3 25 | 28.7% | 37.8% | ||
| Q2 25 | 28.8% | 36.4% | ||
| Q1 25 | 28.9% | 34.7% | ||
| Q4 24 | 27.9% | 36.9% | ||
| Q3 24 | 28.7% | 38.0% | ||
| Q2 24 | 29.6% | 38.2% |
| Q1 26 | 10.7% | — | ||
| Q4 25 | 9.1% | 18.8% | ||
| Q3 25 | 10.6% | 16.8% | ||
| Q2 25 | 11.5% | 15.6% | ||
| Q1 25 | 10.6% | 13.7% | ||
| Q4 24 | 11.0% | 18.5% | ||
| Q3 24 | 11.0% | 19.1% | ||
| Q2 24 | 10.7% | 15.2% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.3% | 18.2% | ||
| Q3 25 | 7.5% | 9.7% | ||
| Q2 25 | 8.5% | -18.0% | ||
| Q1 25 | 7.7% | 3.0% | ||
| Q4 24 | 8.0% | 10.0% | ||
| Q3 24 | 8.3% | 8.7% | ||
| Q2 24 | 7.9% | 9.8% |
| Q1 26 | — | — | ||
| Q4 25 | $2.16 | $0.98 | ||
| Q3 25 | $2.13 | $0.50 | ||
| Q2 25 | $2.41 | $-0.90 | ||
| Q1 25 | $2.09 | $0.15 | ||
| Q4 24 | $2.17 | $0.51 | ||
| Q3 24 | $2.25 | $0.41 | ||
| Q2 24 | $2.18 | $0.44 |
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 | $599.0M |
| Total DebtLower is stronger | $3.2B | $9.1B |
| Stockholders' EquityBook value | $2.3B | $13.9B |
| Total Assets | $9.0B | $33.5B |
| Debt / EquityLower = less leverage | 1.38× | 0.65× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $255.1M | — | ||
| Q4 25 | $202.8M | $599.0M | ||
| Q3 25 | $536.3M | $571.0M | ||
| Q2 25 | $215.9M | $581.0M | ||
| Q1 25 | $195.9M | $805.0M | ||
| Q4 24 | $329.1M | $834.0M | ||
| Q3 24 | $212.7M | $1.3B | ||
| Q2 24 | $208.8M | $2.1B |
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $9.1B | ||
| Q3 25 | $3.2B | $8.9B | ||
| Q2 25 | $2.6B | $8.9B | ||
| Q1 25 | $2.6B | $8.7B | ||
| Q4 24 | $2.6B | $9.7B | ||
| Q3 24 | $2.0B | $10.5B | ||
| Q2 24 | $2.0B | $10.6B |
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.2B | $13.9B | ||
| Q3 25 | $2.2B | $13.9B | ||
| Q2 25 | $2.2B | $14.2B | ||
| Q1 25 | $2.2B | $15.1B | ||
| Q4 24 | $2.3B | $15.7B | ||
| Q3 24 | $2.4B | $16.6B | ||
| Q2 24 | $2.3B | $17.0B |
| Q1 26 | $9.0B | — | ||
| Q4 25 | $8.8B | $33.5B | ||
| Q3 25 | $8.9B | $33.0B | ||
| Q2 25 | $8.6B | $33.4B | ||
| Q1 25 | $8.4B | $32.8B | ||
| Q4 24 | $8.4B | $33.8B | ||
| Q3 24 | $8.5B | $34.3B | ||
| Q2 24 | $8.3B | $34.6B |
| Q1 26 | 1.38× | — | ||
| Q4 25 | 1.43× | 0.65× | ||
| Q3 25 | 1.45× | 0.64× | ||
| Q2 25 | 1.19× | 0.63× | ||
| Q1 25 | 1.19× | 0.57× | ||
| Q4 24 | 1.11× | 0.62× | ||
| Q3 24 | 0.85× | 0.63× | ||
| Q2 24 | 0.89× | 0.62× |
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 | — | $758.0M |
| Free Cash FlowOCF − Capex | $104.4M | $739.0M |
| FCF MarginFCF / Revenue | 4.5% | 26.3% |
| Capex IntensityCapex / Revenue | — | 0.7% |
| Cash ConversionOCF / Net Profit | — | 1.48× |
| TTM Free Cash FlowTrailing 4 quarters | $869.1M | $2.5B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $376.8M | $758.0M | ||
| Q3 25 | $312.1M | $1.0B | ||
| Q2 25 | $208.8M | $382.0M | ||
| Q1 25 | $-16.3M | $457.0M | ||
| Q4 24 | $351.2M | $782.0M | ||
| Q3 24 | $270.1M | $641.0M | ||
| Q2 24 | $197.7M | $546.0M |
| Q1 26 | $104.4M | — | ||
| Q4 25 | $309.7M | $739.0M | ||
| Q3 25 | $276.2M | $952.0M | ||
| Q2 25 | $178.8M | $343.0M | ||
| Q1 25 | $-52.3M | $420.0M | ||
| Q4 24 | $281.7M | $764.0M | ||
| Q3 24 | $227.1M | $605.0M | ||
| Q2 24 | $150.2M | $530.0M |
| Q1 26 | 4.5% | — | ||
| Q4 25 | 13.6% | 26.3% | ||
| Q3 25 | 12.5% | 35.0% | ||
| Q2 25 | 8.1% | 13.1% | ||
| Q1 25 | -2.4% | 16.6% | ||
| Q4 24 | 12.9% | 29.4% | ||
| Q3 24 | 10.4% | 23.5% | ||
| Q2 24 | 6.7% | 21.3% |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 0.7% | ||
| Q3 25 | 1.6% | 2.2% | ||
| Q2 25 | 1.4% | 1.5% | ||
| Q1 25 | 1.7% | 1.5% | ||
| Q4 24 | 3.2% | 0.7% | ||
| Q3 24 | 2.0% | 1.4% | ||
| Q2 24 | 2.1% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 2.26× | 1.48× | ||
| Q3 25 | 1.88× | 3.83× | ||
| Q2 25 | 1.10× | — | ||
| Q1 25 | -0.10× | 5.94× | ||
| Q4 24 | 2.02× | 3.02× | ||
| Q3 24 | 1.49× | 2.86× | ||
| Q2 24 | 1.12× | 2.25× |
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% |
FIS
| Banking Solutions | $1.6B | 57% |
| Other | $701.0M | 25% |
| Capital Market Solutions | $508.0M | 18% |
