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Side-by-side financial comparison of Avery Dennison (AVY) and Roper Technologies (ROP). Click either name above to swap in a different company.

Avery Dennison is the larger business by last-quarter revenue ($2.3B vs $2.1B, roughly 1.1× Roper Technologies). Roper Technologies runs the higher net margin — 15.8% vs 7.3%, a 8.5% gap on every dollar of revenue. On growth, Roper Technologies posted the faster year-over-year revenue change (11.3% vs 7.0%). Roper Technologies produced more free cash flow last quarter ($507.0M vs $104.4M). Over the past eight quarters, Roper Technologies's revenue compounded faster (10.5% 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.

AVY vs ROP — Head-to-Head

Bigger by revenue
AVY
AVY
1.1× larger
AVY
$2.3B
$2.1B
ROP
Growing faster (revenue YoY)
ROP
ROP
+4.3% gap
ROP
11.3%
7.0%
AVY
Higher net margin
ROP
ROP
8.5% more per $
ROP
15.8%
7.3%
AVY
More free cash flow
ROP
ROP
$402.6M more FCF
ROP
$507.0M
$104.4M
AVY
Faster 2-yr revenue CAGR
ROP
ROP
Annualised
ROP
10.5%
1.4%
AVY

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
AVY
AVY
ROP
ROP
Revenue
$2.3B
$2.1B
Net Profit
$168.1M
$331.0M
Gross Margin
28.9%
69.4%
Operating Margin
10.7%
27.2%
Net Margin
7.3%
15.8%
Revenue YoY
7.0%
11.3%
Net Profit YoY
1.1%
842.6%
EPS (diluted)
$4.87

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
ROP
ROP
Q1 26
$2.3B
$2.1B
Q4 25
$2.3B
$2.1B
Q3 25
$2.2B
$2.0B
Q2 25
$2.2B
$1.9B
Q1 25
$2.1B
$1.9B
Q4 24
$2.2B
$1.9B
Q3 24
$2.2B
$1.8B
Q2 24
$2.2B
$1.7B
Net Profit
AVY
AVY
ROP
ROP
Q1 26
$168.1M
$331.0M
Q4 25
$166.4M
$428.4M
Q3 25
$166.3M
$398.5M
Q2 25
$189.0M
$378.3M
Q1 25
$166.3M
$331.1M
Q4 24
$174.0M
$462.3M
Q3 24
$181.7M
$367.9M
Q2 24
$176.8M
$337.1M
Gross Margin
AVY
AVY
ROP
ROP
Q1 26
28.9%
69.4%
Q4 25
28.7%
69.5%
Q3 25
28.7%
69.5%
Q2 25
28.8%
69.2%
Q1 25
28.9%
68.7%
Q4 24
27.9%
68.3%
Q3 24
28.7%
69.2%
Q2 24
29.6%
69.5%
Operating Margin
AVY
AVY
ROP
ROP
Q1 26
10.7%
27.2%
Q4 25
9.1%
28.6%
Q3 25
10.6%
28.4%
Q2 25
11.5%
28.2%
Q1 25
10.6%
27.9%
Q4 24
11.0%
28.0%
Q3 24
11.0%
28.1%
Q2 24
10.7%
28.8%
Net Margin
AVY
AVY
ROP
ROP
Q1 26
7.3%
15.8%
Q4 25
7.3%
20.8%
Q3 25
7.5%
19.8%
Q2 25
8.5%
19.5%
Q1 25
7.7%
17.6%
Q4 24
8.0%
24.6%
Q3 24
8.3%
20.8%
Q2 24
7.9%
19.6%
EPS (diluted)
AVY
AVY
ROP
ROP
Q1 26
$4.87
Q4 25
$2.16
$3.97
Q3 25
$2.13
$3.68
Q2 25
$2.41
$3.49
Q1 25
$2.09
$3.06
Q4 24
$2.17
$4.29
Q3 24
$2.25
$3.40
Q2 24
$2.18
$3.12

Balance Sheet & Financial Strength

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

Metric
AVY
AVY
ROP
ROP
Cash + ST InvestmentsLiquidity on hand
$255.1M
$382.9M
Total DebtLower is stronger
$3.2B
$9.7B
Stockholders' EquityBook value
$2.3B
$18.8B
Total Assets
$9.0B
$34.6B
Debt / EquityLower = less leverage
1.38×
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVY
AVY
ROP
ROP
Q1 26
$255.1M
$382.9M
Q4 25
$202.8M
$297.4M
Q3 25
$536.3M
$320.0M
Q2 25
$215.9M
$242.4M
Q1 25
$195.9M
$372.8M
Q4 24
$329.1M
$188.2M
Q3 24
$212.7M
$269.6M
Q2 24
$208.8M
$251.5M
Total Debt
AVY
AVY
ROP
ROP
Q1 26
$3.2B
$9.7B
Q4 25
$3.2B
$9.3B
Q3 25
$3.2B
Q2 25
$2.6B
Q1 25
$2.6B
Q4 24
$2.6B
$7.6B
Q3 24
$2.0B
Q2 24
$2.0B
Stockholders' Equity
AVY
AVY
ROP
ROP
Q1 26
$2.3B
$18.8B
Q4 25
$2.2B
$19.9B
Q3 25
$2.2B
$20.0B
Q2 25
$2.2B
$19.6B
Q1 25
$2.2B
$19.2B
Q4 24
$2.3B
$18.9B
Q3 24
$2.4B
$18.5B
Q2 24
$2.3B
$18.1B
Total Assets
AVY
AVY
ROP
ROP
Q1 26
$9.0B
$34.6B
Q4 25
$8.8B
$34.6B
Q3 25
$8.9B
$34.6B
Q2 25
$8.6B
$33.2B
Q1 25
$8.4B
$31.4B
Q4 24
$8.4B
$31.3B
Q3 24
$8.5B
$31.6B
Q2 24
$8.3B
$29.8B
Debt / Equity
AVY
AVY
ROP
ROP
Q1 26
1.38×
0.52×
Q4 25
1.43×
0.47×
Q3 25
1.45×
Q2 25
1.19×
Q1 25
1.19×
Q4 24
1.11×
0.40×
Q3 24
0.85×
Q2 24
0.89×

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
ROP
ROP
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$104.4M
$507.0M
FCF MarginFCF / Revenue
4.5%
24.2%
Capex IntensityCapex / Revenue
0.5%
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
ROP
ROP
Q1 26
Q4 25
$376.8M
$738.0M
Q3 25
$312.1M
$869.5M
Q2 25
$208.8M
$404.1M
Q1 25
$-16.3M
$528.7M
Q4 24
$351.2M
$722.2M
Q3 24
$270.1M
$755.4M
Q2 24
$197.7M
$384.1M
Free Cash Flow
AVY
AVY
ROP
ROP
Q1 26
$104.4M
$507.0M
Q4 25
$309.7M
Q3 25
$276.2M
Q2 25
$178.8M
Q1 25
$-52.3M
Q4 24
$281.7M
Q3 24
$227.1M
Q2 24
$150.2M
FCF Margin
AVY
AVY
ROP
ROP
Q1 26
4.5%
24.2%
Q4 25
13.6%
Q3 25
12.5%
Q2 25
8.1%
Q1 25
-2.4%
Q4 24
12.9%
Q3 24
10.4%
Q2 24
6.7%
Capex Intensity
AVY
AVY
ROP
ROP
Q1 26
0.5%
Q4 25
3.0%
Q3 25
1.6%
Q2 25
1.4%
Q1 25
1.7%
Q4 24
3.2%
Q3 24
2.0%
Q2 24
2.1%
Cash Conversion
AVY
AVY
ROP
ROP
Q1 26
Q4 25
2.26×
1.72×
Q3 25
1.88×
2.18×
Q2 25
1.10×
1.07×
Q1 25
-0.10×
1.60×
Q4 24
2.02×
1.56×
Q3 24
1.49×
2.05×
Q2 24
1.12×
1.14×

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%

ROP
ROP

Segment breakdown not available.

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