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Side-by-side financial comparison of Avery Dennison (AVY) and News Corp (Class A) (NWSA). 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 1.1× News Corp (Class A)). Avery Dennison runs the higher net margin — 7.3% vs 5.5%, a 1.8% gap on every dollar of revenue. On growth, News Corp (Class A) posted the faster year-over-year revenue change (8.8% vs 7.0%). Over the past eight quarters, Avery Dennison's revenue compounded faster (1.4% CAGR vs -7.9%).

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.

News is information about current events. This may be provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, or through the testimony of observers and witnesses to events. News is sometimes called "hard news" to differentiate it from soft media.

AVY vs NWSA — Head-to-Head

Bigger by revenue
AVY
AVY
1.1× larger
AVY
$2.3B
$2.2B
NWSA
Growing faster (revenue YoY)
NWSA
NWSA
+1.8% gap
NWSA
8.8%
7.0%
AVY
Higher net margin
AVY
AVY
1.8% more per $
AVY
7.3%
5.5%
NWSA
Faster 2-yr revenue CAGR
AVY
AVY
Annualised
AVY
1.4%
-7.9%
NWSA

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
AVY
AVY
NWSA
NWSA
Revenue
$2.3B
$2.2B
Net Profit
$168.1M
$121.0M
Gross Margin
28.9%
Operating Margin
10.7%
Net Margin
7.3%
5.5%
Revenue YoY
7.0%
8.8%
Net Profit YoY
1.1%
-13.6%
EPS (diluted)

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
NWSA
NWSA
Q1 26
$2.3B
$2.2B
Q4 25
$2.3B
$2.4B
Q3 25
$2.2B
$2.1B
Q2 25
$2.2B
$1.6B
Q1 25
$2.1B
$2.0B
Q4 24
$2.2B
$2.2B
Q3 24
$2.2B
$2.6B
Q2 24
$2.2B
$2.6B
Net Profit
AVY
AVY
NWSA
NWSA
Q1 26
$168.1M
$121.0M
Q4 25
$166.4M
$193.0M
Q3 25
$166.3M
$112.0M
Q2 25
$189.0M
$743.0M
Q1 25
$166.3M
$103.0M
Q4 24
$174.0M
$215.0M
Q3 24
$181.7M
$119.0M
Q2 24
$176.8M
$50.0M
Gross Margin
AVY
AVY
NWSA
NWSA
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%
Operating Margin
AVY
AVY
NWSA
NWSA
Q1 26
10.7%
Q4 25
9.1%
Q3 25
10.6%
Q2 25
11.5%
8.5%
Q1 25
10.6%
7.5%
Q4 24
11.0%
19.2%
Q3 24
11.0%
7.9%
Q2 24
10.7%
4.3%
Net Margin
AVY
AVY
NWSA
NWSA
Q1 26
7.3%
5.5%
Q4 25
7.3%
8.2%
Q3 25
7.5%
5.2%
Q2 25
8.5%
45.6%
Q1 25
7.7%
5.1%
Q4 24
8.0%
9.6%
Q3 24
8.3%
4.6%
Q2 24
7.9%
1.9%
EPS (diluted)
AVY
AVY
NWSA
NWSA
Q1 26
Q4 25
$2.16
$0.34
Q3 25
$2.13
$0.20
Q2 25
$2.41
$1.30
Q1 25
$2.09
$0.18
Q4 24
$2.17
$0.38
Q3 24
$2.25
$0.21
Q2 24
$2.18
$0.09

Balance Sheet & Financial Strength

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

Metric
AVY
AVY
NWSA
NWSA
Cash + ST InvestmentsLiquidity on hand
$255.1M
$2.2B
Total DebtLower is stronger
$3.2B
Stockholders' EquityBook value
$2.3B
$9.3B
Total Assets
$9.0B
$15.5B
Debt / EquityLower = less leverage
1.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVY
AVY
NWSA
NWSA
Q1 26
$255.1M
$2.2B
Q4 25
$202.8M
$2.1B
Q3 25
$536.3M
$2.2B
Q2 25
$215.9M
$2.4B
Q1 25
$195.9M
$2.1B
Q4 24
$329.1M
$1.8B
Q3 24
$212.7M
$1.8B
Q2 24
$208.8M
$2.0B
Total Debt
AVY
AVY
NWSA
NWSA
Q1 26
$3.2B
Q4 25
$3.2B
$2.0B
Q3 25
$3.2B
$2.0B
Q2 25
$2.6B
$2.0B
Q1 25
$2.6B
$2.0B
Q4 24
$2.6B
$2.0B
Q3 24
$2.0B
$2.9B
Q2 24
$2.0B
$2.9B
Stockholders' Equity
AVY
AVY
NWSA
NWSA
Q1 26
$2.3B
$9.3B
Q4 25
$2.2B
$8.8B
Q3 25
$2.2B
$8.7B
Q2 25
$2.2B
$8.8B
Q1 25
$2.2B
$8.2B
Q4 24
$2.3B
$8.1B
Q3 24
$2.4B
$8.3B
Q2 24
$2.3B
$8.1B
Total Assets
AVY
AVY
NWSA
NWSA
Q1 26
$9.0B
$15.5B
Q4 25
$8.8B
$15.5B
Q3 25
$8.9B
$15.3B
Q2 25
$8.6B
$15.5B
Q1 25
$8.4B
$16.6B
Q4 24
$8.4B
$16.2B
Q3 24
$8.5B
$16.9B
Q2 24
$8.3B
$16.7B
Debt / Equity
AVY
AVY
NWSA
NWSA
Q1 26
1.38×
Q4 25
1.43×
0.22×
Q3 25
1.45×
0.22×
Q2 25
1.19×
0.22×
Q1 25
1.19×
0.24×
Q4 24
1.11×
0.24×
Q3 24
0.85×
0.35×
Q2 24
0.89×
0.36×

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
NWSA
NWSA
Operating Cash FlowLast quarter
$815.0M
Free Cash FlowOCF − Capex
$535.0M
FCF MarginFCF / Revenue
24.5%
Capex IntensityCapex / Revenue
12.8%
Cash ConversionOCF / Net Profit
6.74×
TTM Free Cash FlowTrailing 4 quarters
$703.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVY
AVY
NWSA
NWSA
Q1 26
$815.0M
Q4 25
$376.8M
$231.0M
Q3 25
$312.1M
$85.0M
Q2 25
$208.8M
$189.0M
Q1 25
$-16.3M
$511.0M
Q4 24
$351.2M
$252.0M
Q3 24
$270.1M
$64.0M
Q2 24
$197.7M
$254.0M
Free Cash Flow
AVY
AVY
NWSA
NWSA
Q1 26
$535.0M
Q4 25
$309.7M
$132.0M
Q3 25
$276.2M
$4.0M
Q2 25
$178.8M
$32.0M
Q1 25
$-52.3M
$418.0M
Q4 24
$281.7M
$190.0M
Q3 24
$227.1M
$-31.0M
Q2 24
$150.2M
$111.0M
FCF Margin
AVY
AVY
NWSA
NWSA
Q1 26
24.5%
Q4 25
13.6%
5.6%
Q3 25
12.5%
0.2%
Q2 25
8.1%
2.0%
Q1 25
-2.4%
20.8%
Q4 24
12.9%
8.5%
Q3 24
10.4%
-1.2%
Q2 24
6.7%
4.3%
Capex Intensity
AVY
AVY
NWSA
NWSA
Q1 26
12.8%
Q4 25
3.0%
4.2%
Q3 25
1.6%
3.8%
Q2 25
1.4%
9.6%
Q1 25
1.7%
4.6%
Q4 24
3.2%
2.8%
Q3 24
2.0%
3.7%
Q2 24
2.1%
5.5%
Cash Conversion
AVY
AVY
NWSA
NWSA
Q1 26
6.74×
Q4 25
2.26×
1.20×
Q3 25
1.88×
0.76×
Q2 25
1.10×
0.25×
Q1 25
-0.10×
4.96×
Q4 24
2.02×
1.17×
Q3 24
1.49×
0.54×
Q2 24
1.12×
5.08×

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%

NWSA
NWSA

Dow Jones$619.0M28%
Book Publishing$555.0M25%
News Media$538.0M25%
Digital Real Estate Services$473.0M22%

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