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Side-by-side financial comparison of Avery Dennison (AVY) and Hyatt Hotels Corp (H). 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× Hyatt Hotels Corp). Avery Dennison runs the higher net margin — 7.3% vs -1.1%, a 8.4% gap on every dollar of revenue. On growth, Hyatt Hotels Corp posted the faster year-over-year revenue change (11.7% vs 7.0%). Hyatt Hotels Corp produced more free cash flow last quarter ($236.0M vs $104.4M). Over the past eight quarters, Hyatt Hotels Corp's revenue compounded faster (2.2% 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.
Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family. Hyatt has more than 1350 hotels and all-inclusive properties in 69 countries, across North America, South America, Europe, Asia, Africa and Australia.
AVY vs H — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.3B | $1.8B |
| Net Profit | $168.1M | $-20.0M |
| Gross Margin | 28.9% | — |
| Operating Margin | 10.7% | 0.4% |
| Net Margin | 7.3% | -1.1% |
| Revenue YoY | 7.0% | 11.7% |
| Net Profit YoY | 1.1% | 64.3% |
| EPS (diluted) | — | $-0.20 |
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 | $1.8B | ||
| Q3 25 | $2.2B | $1.8B | ||
| Q2 25 | $2.2B | $1.8B | ||
| Q1 25 | $2.1B | $1.7B | ||
| Q4 24 | $2.2B | $1.6B | ||
| Q3 24 | $2.2B | $1.6B | ||
| Q2 24 | $2.2B | $1.7B |
| Q1 26 | $168.1M | — | ||
| Q4 25 | $166.4M | $-20.0M | ||
| Q3 25 | $166.3M | $-49.0M | ||
| Q2 25 | $189.0M | $-3.0M | ||
| Q1 25 | $166.3M | $20.0M | ||
| Q4 24 | $174.0M | $-56.0M | ||
| Q3 24 | $181.7M | $471.0M | ||
| Q2 24 | $176.8M | $359.0M |
| Q1 26 | 28.9% | — | ||
| 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 26 | 10.7% | — | ||
| Q4 25 | 9.1% | 0.4% | ||
| Q3 25 | 10.6% | -1.0% | ||
| Q2 25 | 11.5% | 2.1% | ||
| Q1 25 | 10.6% | 3.0% | ||
| Q4 24 | 11.0% | -3.0% | ||
| Q3 24 | 11.0% | 37.3% | ||
| Q2 24 | 10.7% | 27.1% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.3% | -1.1% | ||
| Q3 25 | 7.5% | -2.7% | ||
| Q2 25 | 8.5% | -0.2% | ||
| Q1 25 | 7.7% | 1.2% | ||
| Q4 24 | 8.0% | -3.5% | ||
| Q3 24 | 8.3% | 28.9% | ||
| Q2 24 | 7.9% | 21.1% |
| Q1 26 | — | — | ||
| Q4 25 | $2.16 | $-0.20 | ||
| Q3 25 | $2.13 | $-0.51 | ||
| Q2 25 | $2.41 | $-0.03 | ||
| Q1 25 | $2.09 | $0.19 | ||
| Q4 24 | $2.17 | $-0.37 | ||
| Q3 24 | $2.25 | $4.63 | ||
| Q2 24 | $2.18 | $3.46 |
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 | $813.0M |
| Total DebtLower is stronger | $3.2B | — |
| Stockholders' EquityBook value | $2.3B | $3.3B |
| Total Assets | $9.0B | $14.0B |
| Debt / EquityLower = less leverage | 1.38× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $255.1M | — | ||
| Q4 25 | $202.8M | $813.0M | ||
| Q3 25 | $536.3M | $749.0M | ||
| Q2 25 | $215.9M | $912.0M | ||
| Q1 25 | $195.9M | $1.8B | ||
| Q4 24 | $329.1M | $1.4B | ||
| Q3 24 | $212.7M | $1.1B | ||
| Q2 24 | $208.8M | $2.0B |
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.2B | $6.0B | ||
| Q2 25 | $2.6B | $6.0B | ||
| Q1 25 | $2.6B | $4.3B | ||
| Q4 24 | $2.6B | $3.8B | ||
| Q3 24 | $2.0B | $3.1B | ||
| Q2 24 | $2.0B | $3.9B |
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.2B | $3.3B | ||
| Q3 25 | $2.2B | $3.5B | ||
| Q2 25 | $2.2B | $3.6B | ||
| Q1 25 | $2.2B | $3.5B | ||
| Q4 24 | $2.3B | $3.5B | ||
| Q3 24 | $2.4B | $3.7B | ||
| Q2 24 | $2.3B | $3.9B |
| Q1 26 | $9.0B | — | ||
| Q4 25 | $8.8B | $14.0B | ||
| Q3 25 | $8.9B | $15.7B | ||
| Q2 25 | $8.6B | $15.9B | ||
| Q1 25 | $8.4B | $14.0B | ||
| Q4 24 | $8.4B | $13.3B | ||
| Q3 24 | $8.5B | $11.9B | ||
| Q2 24 | $8.3B | $12.8B |
| Q1 26 | 1.38× | — | ||
| Q4 25 | 1.43× | — | ||
| Q3 25 | 1.45× | 1.73× | ||
| Q2 25 | 1.19× | 1.69× | ||
| Q1 25 | 1.19× | 1.25× | ||
| Q4 24 | 1.11× | 1.07× | ||
| Q3 24 | 0.85× | 0.85× | ||
| Q2 24 | 0.89× | 1.01× |
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 | — | $313.0M |
| Free Cash FlowOCF − Capex | $104.4M | $236.0M |
| FCF MarginFCF / Revenue | 4.5% | 13.2% |
| Capex IntensityCapex / Revenue | — | 4.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $869.1M | $159.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $376.8M | $313.0M | ||
| Q3 25 | $312.1M | $-20.0M | ||
| Q2 25 | $208.8M | $-67.0M | ||
| Q1 25 | $-16.3M | $153.0M | ||
| Q4 24 | $351.2M | $235.0M | ||
| Q3 24 | $270.1M | $-21.0M | ||
| Q2 24 | $197.7M | $177.0M |
| Q1 26 | $104.4M | — | ||
| Q4 25 | $309.7M | $236.0M | ||
| Q3 25 | $276.2M | $-89.0M | ||
| Q2 25 | $178.8M | $-111.0M | ||
| Q1 25 | $-52.3M | $123.0M | ||
| Q4 24 | $281.7M | $184.0M | ||
| Q3 24 | $227.1M | $-64.0M | ||
| Q2 24 | $150.2M | $135.0M |
| Q1 26 | 4.5% | — | ||
| Q4 25 | 13.6% | 13.2% | ||
| Q3 25 | 12.5% | -5.0% | ||
| Q2 25 | 8.1% | -6.1% | ||
| Q1 25 | -2.4% | 7.2% | ||
| Q4 24 | 12.9% | 11.5% | ||
| Q3 24 | 10.4% | -3.9% | ||
| Q2 24 | 6.7% | 7.9% |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 4.3% | ||
| Q3 25 | 1.6% | 3.9% | ||
| Q2 25 | 1.4% | 2.4% | ||
| Q1 25 | 1.7% | 1.7% | ||
| Q4 24 | 3.2% | 3.2% | ||
| Q3 24 | 2.0% | 2.6% | ||
| Q2 24 | 2.1% | 2.5% |
| Q1 26 | — | — | ||
| Q4 25 | 2.26× | — | ||
| Q3 25 | 1.88× | — | ||
| Q2 25 | 1.10× | — | ||
| Q1 25 | -0.10× | 7.65× | ||
| Q4 24 | 2.02× | — | ||
| Q3 24 | 1.49× | -0.04× | ||
| Q2 24 | 1.12× | 0.49× |
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% |
H
| Other | $627.0M | 35% |
| Rooms Revenue | $326.0M | 18% |
| Net Fees | $290.0M | 16% |
| Distribution Segment | $177.0M | 10% |
| Franchise And Other Fees | $114.0M | 6% |
| Base Management Fees | $112.0M | 6% |
| Incentive Management Fees | $81.0M | 5% |
| Other Owned And Leased Hotel Revenue | $41.0M | 2% |
| Contra Revenue | $17.0M | 1% |
| Other Revenues | $4.0M | 0% |
