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Side-by-side financial comparison of Avery Dennison (AVY) and Champion Homes, Inc. (SKY). Click either name above to swap in a different company.
Avery Dennison is the larger business by last-quarter revenue ($2.3B vs $656.6M, roughly 3.5× Champion Homes, Inc.). Champion Homes, Inc. runs the higher net margin — 8.3% vs 7.3%, a 0.9% gap on every dollar of revenue. On growth, Avery Dennison posted the faster year-over-year revenue change (3.9% vs 1.8%). Avery Dennison produced more free cash flow last quarter ($309.7M vs $92.9M). Over the past eight quarters, Champion Homes, Inc.'s revenue compounded faster (10.6% CAGR vs 2.7%).
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.
Champion Homes, Inc., is a mobile and modular home manufacturing company. It is one of the largest modular homebuilders in North America. The company also provides factory-built housing to the United States and western Canada.
AVY vs SKY — Head-to-Head
Income Statement — Q4 2025 vs Q3 2026
| Metric | ||
|---|---|---|
| Revenue | $2.3B | $656.6M |
| Net Profit | $166.4M | $54.3M |
| Gross Margin | 28.7% | 26.2% |
| Operating Margin | 9.1% | 9.5% |
| Net Margin | 7.3% | 8.3% |
| Revenue YoY | 3.9% | 1.8% |
| Net Profit YoY | -4.4% | -11.7% |
| EPS (diluted) | $2.16 | $0.97 |
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.
| Q4 25 | $2.3B | $656.6M | ||
| Q3 25 | $2.2B | $684.4M | ||
| Q2 25 | $2.2B | $701.3M | ||
| Q1 25 | $2.1B | $593.9M | ||
| Q4 24 | $2.2B | $644.9M | ||
| Q3 24 | $2.2B | $616.9M | ||
| Q2 24 | $2.2B | $627.8M | ||
| Q1 24 | $2.2B | $536.4M |
| Q4 25 | $166.4M | $54.3M | ||
| Q3 25 | $166.3M | $58.2M | ||
| Q2 25 | $189.0M | $64.7M | ||
| Q1 25 | $166.3M | $36.3M | ||
| Q4 24 | $174.0M | $61.5M | ||
| Q3 24 | $181.7M | $54.7M | ||
| Q2 24 | $176.8M | $45.8M | ||
| Q1 24 | $172.4M | $2.8M |
| Q4 25 | 28.7% | 26.2% | ||
| Q3 25 | 28.7% | 27.5% | ||
| Q2 25 | 28.8% | 27.1% | ||
| Q1 25 | 28.9% | 25.7% | ||
| Q4 24 | 27.9% | 28.1% | ||
| Q3 24 | 28.7% | 27.0% | ||
| Q2 24 | 29.6% | 26.2% | ||
| Q1 24 | 29.4% | 18.3% |
| Q4 25 | 9.1% | 9.5% | ||
| Q3 25 | 10.6% | 10.9% | ||
| Q2 25 | 11.5% | 11.2% | ||
| Q1 25 | 10.6% | 7.1% | ||
| Q4 24 | 11.0% | 11.3% | ||
| Q3 24 | 11.0% | 10.8% | ||
| Q2 24 | 10.7% | 8.8% | ||
| Q1 24 | 10.9% | 1.4% |
| Q4 25 | 7.3% | 8.3% | ||
| Q3 25 | 7.5% | 8.5% | ||
| Q2 25 | 8.5% | 9.2% | ||
| Q1 25 | 7.7% | 6.1% | ||
| Q4 24 | 8.0% | 9.5% | ||
| Q3 24 | 8.3% | 8.9% | ||
| Q2 24 | 7.9% | 7.3% | ||
| Q1 24 | 8.0% | 0.5% |
| Q4 25 | $2.16 | $0.97 | ||
| Q3 25 | $2.13 | $1.03 | ||
| Q2 25 | $2.41 | $1.13 | ||
| Q1 25 | $2.09 | $0.63 | ||
| Q4 24 | $2.17 | $1.06 | ||
| Q3 24 | $2.25 | $0.94 | ||
| Q2 24 | $2.18 | $0.79 | ||
| Q1 24 | $2.13 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $202.8M | $659.8M |
| Total DebtLower is stronger | $3.2B | — |
| Stockholders' EquityBook value | $2.2B | $1.6B |
| Total Assets | $8.8B | $2.1B |
| Debt / EquityLower = less leverage | 1.43× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $202.8M | $659.8M | ||
| Q3 25 | $536.3M | $618.7M | ||
| Q2 25 | $215.9M | $605.3M | ||
| Q1 25 | $195.9M | $610.3M | ||
| Q4 24 | $329.1M | $581.8M | ||
| Q3 24 | $212.7M | $570.2M | ||
| Q2 24 | $208.8M | $548.9M | ||
| Q1 24 | $185.7M | $495.1M |
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $2.1B | — |
| Q4 25 | $2.2B | $1.6B | ||
| Q3 25 | $2.2B | $1.6B | ||
| Q2 25 | $2.2B | $1.6B | ||
| Q1 25 | $2.2B | $1.5B | ||
| Q4 24 | $2.3B | $1.5B | ||
| Q3 24 | $2.4B | $1.5B | ||
| Q2 24 | $2.3B | $1.5B | ||
| Q1 24 | $2.2B | $1.4B |
| Q4 25 | $8.8B | $2.1B | ||
| Q3 25 | $8.9B | $2.1B | ||
| Q2 25 | $8.6B | $2.1B | ||
| Q1 25 | $8.4B | $2.1B | ||
| Q4 24 | $8.4B | $2.0B | ||
| Q3 24 | $8.5B | $2.0B | ||
| Q2 24 | $8.3B | $2.0B | ||
| Q1 24 | $8.3B | $1.9B |
| Q4 25 | 1.43× | — | ||
| Q3 25 | 1.45× | — | ||
| Q2 25 | 1.19× | — | ||
| Q1 25 | 1.19× | — | ||
| Q4 24 | 1.11× | — | ||
| Q3 24 | 0.85× | — | ||
| Q2 24 | 0.89× | — | ||
| Q1 24 | 0.94× | — |
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 | $376.8M | $100.0M |
| Free Cash FlowOCF − Capex | $309.7M | $92.9M |
| FCF MarginFCF / Revenue | 13.6% | 14.1% |
| Capex IntensityCapex / Revenue | 3.0% | 1.1% |
| Cash ConversionOCF / Net Profit | 2.26× | 1.84× |
| TTM Free Cash FlowTrailing 4 quarters | $712.4M | $259.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $376.8M | $100.0M | ||
| Q3 25 | $312.1M | $75.9M | ||
| Q2 25 | $208.8M | $75.3M | ||
| Q1 25 | $-16.3M | $46.0M | ||
| Q4 24 | $351.2M | $50.4M | ||
| Q3 24 | $270.1M | $59.8M | ||
| Q2 24 | $197.7M | $84.6M | ||
| Q1 24 | $119.8M | — |
| Q4 25 | $309.7M | $92.9M | ||
| Q3 25 | $276.2M | $67.0M | ||
| Q2 25 | $178.8M | $66.4M | ||
| Q1 25 | $-52.3M | $33.4M | ||
| Q4 24 | $281.7M | $37.3M | ||
| Q3 24 | $227.1M | $45.7M | ||
| Q2 24 | $150.2M | $73.9M | ||
| Q1 24 | $71.0M | — |
| Q4 25 | 13.6% | 14.1% | ||
| Q3 25 | 12.5% | 9.8% | ||
| Q2 25 | 8.1% | 9.5% | ||
| Q1 25 | -2.4% | 5.6% | ||
| Q4 24 | 12.9% | 5.8% | ||
| Q3 24 | 10.4% | 7.4% | ||
| Q2 24 | 6.7% | 11.8% | ||
| Q1 24 | 3.3% | — |
| Q4 25 | 3.0% | 1.1% | ||
| Q3 25 | 1.6% | 1.3% | ||
| Q2 25 | 1.4% | 1.3% | ||
| Q1 25 | 1.7% | 2.1% | ||
| Q4 24 | 3.2% | 2.0% | ||
| Q3 24 | 2.0% | 2.3% | ||
| Q2 24 | 2.1% | 1.7% | ||
| Q1 24 | 2.3% | — |
| Q4 25 | 2.26× | 1.84× | ||
| Q3 25 | 1.88× | 1.30× | ||
| Q2 25 | 1.10× | 1.16× | ||
| Q1 25 | -0.10× | 1.27× | ||
| Q4 24 | 2.02× | 0.82× | ||
| Q3 24 | 1.49× | 1.09× | ||
| Q2 24 | 1.12× | 1.85× | ||
| Q1 24 | 0.69× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AVY
| Other | $1.1B | 47% |
| Materials Group Segment | $475.0M | 21% |
| Apparel And Other | $460.8M | 20% |
| Identification Solutions And Vestcom | $263.4M | 12% |
SKY
| Manufacturing | $369.7M | 56% |
| Retail | $252.7M | 38% |
| Canadian Factory Built Housing | $25.8M | 4% |
| Transportation And Other | $8.5M | 1% |