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Side-by-side financial comparison of Avery Dennison (AVY) and PILGRIMS PRIDE CORP (PPC). Click either name above to swap in a different company.
PILGRIMS PRIDE CORP is the larger business by last-quarter revenue ($4.5B vs $2.3B, roughly 2.0× Avery Dennison). Avery Dennison runs the higher net margin — 7.3% vs 1.9%, a 5.4% gap on every dollar of revenue. On growth, Avery Dennison posted the faster year-over-year revenue change (7.0% vs 3.3%). Avery Dennison produced more free cash flow last quarter ($104.4M vs $10.0M). Over the past eight quarters, PILGRIMS PRIDE CORP's revenue compounded faster (1.8% 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.
Pilgrim's Pride Corporation is an American, multi-national food company, currently one of the largest chicken producers in the United States and Puerto Rico and the second-largest chicken producer in Mexico. It exited bankruptcy in December 2009 and relocated its U.S. headquarters to Greeley, Colorado, in 2011. It is majority-owned by JBS S.A. Pilgrim's Pride purchased Gold'n Plump for $350 million in late November 2016.
AVY vs PPC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.3B | $4.5B |
| Net Profit | $168.1M | $88.0M |
| Gross Margin | 28.9% | 9.5% |
| Operating Margin | 10.7% | 4.5% |
| Net Margin | 7.3% | 1.9% |
| Revenue YoY | 7.0% | 3.3% |
| Net Profit YoY | 1.1% | -62.7% |
| EPS (diluted) | — | $0.37 |
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 | $4.5B | ||
| Q3 25 | $2.2B | $4.8B | ||
| Q2 25 | $2.2B | $4.8B | ||
| Q1 25 | $2.1B | $4.5B | ||
| Q4 24 | $2.2B | $4.4B | ||
| Q3 24 | $2.2B | $4.6B | ||
| Q2 24 | $2.2B | $4.6B |
| Q1 26 | $168.1M | — | ||
| Q4 25 | $166.4M | $88.0M | ||
| Q3 25 | $166.3M | $342.8M | ||
| Q2 25 | $189.0M | $355.5M | ||
| Q1 25 | $166.3M | $296.0M | ||
| Q4 24 | $174.0M | $235.9M | ||
| Q3 24 | $181.7M | $349.9M | ||
| Q2 24 | $176.8M | $326.3M |
| Q1 26 | 28.9% | — | ||
| Q4 25 | 28.7% | 9.5% | ||
| Q3 25 | 28.7% | 13.9% | ||
| Q2 25 | 28.8% | 15.0% | ||
| Q1 25 | 28.9% | 12.4% | ||
| Q4 24 | 27.9% | 12.7% | ||
| Q3 24 | 28.7% | 14.9% | ||
| Q2 24 | 29.6% | 15.2% |
| Q1 26 | 10.7% | — | ||
| Q4 25 | 9.1% | 4.5% | ||
| Q3 25 | 10.6% | 10.4% | ||
| Q2 25 | 11.5% | 10.8% | ||
| Q1 25 | 10.6% | 9.1% | ||
| Q4 24 | 11.0% | 7.0% | ||
| Q3 24 | 11.0% | 11.1% | ||
| Q2 24 | 10.7% | 9.7% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.3% | 1.9% | ||
| Q3 25 | 7.5% | 7.2% | ||
| Q2 25 | 8.5% | 7.5% | ||
| Q1 25 | 7.7% | 6.6% | ||
| Q4 24 | 8.0% | 5.4% | ||
| Q3 24 | 8.3% | 7.6% | ||
| Q2 24 | 7.9% | 7.2% |
| Q1 26 | — | — | ||
| Q4 25 | $2.16 | $0.37 | ||
| Q3 25 | $2.13 | $1.44 | ||
| Q2 25 | $2.41 | $1.49 | ||
| Q1 25 | $2.09 | $1.24 | ||
| Q4 24 | $2.17 | $1.00 | ||
| Q3 24 | $2.25 | $1.47 | ||
| Q2 24 | $2.18 | $1.37 |
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 | $640.2M |
| Total DebtLower is stronger | $3.2B | $3.1B |
| Stockholders' EquityBook value | $2.3B | $3.7B |
| Total Assets | $9.0B | $10.3B |
| Debt / EquityLower = less leverage | 1.38× | 0.84× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $255.1M | — | ||
| Q4 25 | $202.8M | $640.2M | ||
| Q3 25 | $536.3M | $612.6M | ||
| Q2 25 | $215.9M | $849.0M | ||
| Q1 25 | $195.9M | $2.1B | ||
| Q4 24 | $329.1M | $2.0B | ||
| Q3 24 | $212.7M | $1.9B | ||
| Q2 24 | $208.8M | $1.3B |
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $3.1B | ||
| Q3 25 | $3.2B | $3.1B | ||
| Q2 25 | $2.6B | $3.1B | ||
| Q1 25 | $2.6B | $3.2B | ||
| Q4 24 | $2.6B | $3.2B | ||
| Q3 24 | $2.0B | $3.2B | ||
| Q2 24 | $2.0B | $3.2B |
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.2B | $3.7B | ||
| Q3 25 | $2.2B | $3.5B | ||
| Q2 25 | $2.2B | $3.7B | ||
| Q1 25 | $2.2B | $3.1B | ||
| Q4 24 | $2.3B | $4.2B | ||
| Q3 24 | $2.4B | $4.2B | ||
| Q2 24 | $2.3B | $3.7B |
| Q1 26 | $9.0B | — | ||
| Q4 25 | $8.8B | $10.3B | ||
| Q3 25 | $8.9B | $10.0B | ||
| Q2 25 | $8.6B | $10.1B | ||
| Q1 25 | $8.4B | $11.0B | ||
| Q4 24 | $8.4B | $10.7B | ||
| Q3 24 | $8.5B | $10.7B | ||
| Q2 24 | $8.3B | $10.1B |
| Q1 26 | 1.38× | — | ||
| Q4 25 | 1.43× | 0.84× | ||
| Q3 25 | 1.45× | 0.87× | ||
| Q2 25 | 1.19× | 0.83× | ||
| Q1 25 | 1.19× | 1.02× | ||
| Q4 24 | 1.11× | 0.76× | ||
| Q3 24 | 0.85× | 0.76× | ||
| Q2 24 | 0.89× | 0.85× |
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 | — | $291.2M |
| Free Cash FlowOCF − Capex | $104.4M | $10.0M |
| FCF MarginFCF / Revenue | 4.5% | 0.2% |
| Capex IntensityCapex / Revenue | — | 6.2% |
| Cash ConversionOCF / Net Profit | — | 3.31× |
| TTM Free Cash FlowTrailing 4 quarters | $869.1M | $653.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $376.8M | $291.2M | ||
| Q3 25 | $312.1M | $458.3M | ||
| Q2 25 | $208.8M | $495.2M | ||
| Q1 25 | $-16.3M | $126.9M | ||
| Q4 24 | $351.2M | $349.3M | ||
| Q3 24 | $270.1M | $651.1M | ||
| Q2 24 | $197.7M | $718.6M |
| Q1 26 | $104.4M | — | ||
| Q4 25 | $309.7M | $10.0M | ||
| Q3 25 | $276.2M | $275.9M | ||
| Q2 25 | $178.8M | $339.1M | ||
| Q1 25 | $-52.3M | $28.1M | ||
| Q4 24 | $281.7M | $176.6M | ||
| Q3 24 | $227.1M | $565.3M | ||
| Q2 24 | $150.2M | $617.7M |
| Q1 26 | 4.5% | — | ||
| Q4 25 | 13.6% | 0.2% | ||
| Q3 25 | 12.5% | 5.8% | ||
| Q2 25 | 8.1% | 7.1% | ||
| Q1 25 | -2.4% | 0.6% | ||
| Q4 24 | 12.9% | 4.0% | ||
| Q3 24 | 10.4% | 12.3% | ||
| Q2 24 | 6.7% | 13.5% |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 6.2% | ||
| Q3 25 | 1.6% | 3.8% | ||
| Q2 25 | 1.4% | 3.3% | ||
| Q1 25 | 1.7% | 2.2% | ||
| Q4 24 | 3.2% | 4.0% | ||
| Q3 24 | 2.0% | 1.9% | ||
| Q2 24 | 2.1% | 2.2% |
| Q1 26 | — | — | ||
| Q4 25 | 2.26× | 3.31× | ||
| Q3 25 | 1.88× | 1.34× | ||
| Q2 25 | 1.10× | 1.39× | ||
| Q1 25 | -0.10× | 0.43× | ||
| Q4 24 | 2.02× | 1.48× | ||
| Q3 24 | 1.49× | 1.86× | ||
| Q2 24 | 1.12× | 2.20× |
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% |
PPC
| Retail | $1.5B | 33% |
| Europe Reportable Segment | $1.4B | 31% |
| Food Service | $889.2M | 20% |
| Prepared Product | $332.8M | 7% |
| Product Export | $122.7M | 3% |
| Other Sales Channel | $96.0M | 2% |
| Other Product And Service | $79.7M | 2% |
| Related Party | $21.7M | 0% |
| Seara Meats B.V. | $18.9M | 0% |
| Penasul UKLTD | $10.3M | 0% |
| JBSUSA Food Company | $5.4M | 0% |
