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

WEC Energy Group is the larger business by last-quarter revenue ($2.5B vs $2.3B, roughly 1.1× Avery Dennison). WEC Energy Group runs the higher net margin — 12.5% vs 7.3%, a 5.2% gap on every dollar of revenue. On growth, WEC Energy Group posted the faster year-over-year revenue change (11.1% vs 7.0%). Over the past eight quarters, Avery Dennison's revenue compounded faster (1.4% 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.

WEC Energy Group is an American energy company based in Milwaukee, Wisconsin. It provides electricity and natural gas to 4.4 million customers across four states.

AVY vs WEC — Head-to-Head

Bigger by revenue
WEC
WEC
1.1× larger
WEC
$2.5B
$2.3B
AVY
Growing faster (revenue YoY)
WEC
WEC
+4.1% gap
WEC
11.1%
7.0%
AVY
Higher net margin
WEC
WEC
5.2% more per $
WEC
12.5%
7.3%
AVY
Faster 2-yr revenue CAGR
AVY
AVY
Annualised
AVY
1.4%
-2.7%
WEC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AVY
AVY
WEC
WEC
Revenue
$2.3B
$2.5B
Net Profit
$168.1M
$316.8M
Gross Margin
28.9%
63.7%
Operating Margin
10.7%
17.9%
Net Margin
7.3%
12.5%
Revenue YoY
7.0%
11.1%
Net Profit YoY
1.1%
-30.1%
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
WEC
WEC
Q1 26
$2.3B
Q4 25
$2.3B
$2.5B
Q3 25
$2.2B
$2.1B
Q2 25
$2.2B
$2.0B
Q1 25
$2.1B
$3.1B
Q4 24
$2.2B
$2.3B
Q3 24
$2.2B
$1.9B
Q2 24
$2.2B
$1.8B
Net Profit
AVY
AVY
WEC
WEC
Q1 26
$168.1M
Q4 25
$166.4M
$316.8M
Q3 25
$166.3M
$270.2M
Q2 25
$189.0M
$243.0M
Q1 25
$166.3M
$725.5M
Q4 24
$174.0M
$453.1M
Q3 24
$181.7M
$238.6M
Q2 24
$176.8M
$210.0M
Gross Margin
AVY
AVY
WEC
WEC
Q1 26
28.9%
Q4 25
28.7%
63.7%
Q3 25
28.7%
71.1%
Q2 25
28.8%
71.6%
Q1 25
28.9%
63.0%
Q4 24
27.9%
67.7%
Q3 24
28.7%
72.1%
Q2 24
29.6%
73.5%
Operating Margin
AVY
AVY
WEC
WEC
Q1 26
10.7%
Q4 25
9.1%
17.9%
Q3 25
10.6%
21.4%
Q2 25
11.5%
20.1%
Q1 25
10.6%
29.8%
Q4 24
11.0%
25.9%
Q3 24
11.0%
20.6%
Q2 24
10.7%
20.6%
Net Margin
AVY
AVY
WEC
WEC
Q1 26
7.3%
Q4 25
7.3%
12.5%
Q3 25
7.5%
12.8%
Q2 25
8.5%
12.1%
Q1 25
7.7%
23.0%
Q4 24
8.0%
19.8%
Q3 24
8.3%
12.8%
Q2 24
7.9%
11.9%
EPS (diluted)
AVY
AVY
WEC
WEC
Q1 26
Q4 25
$2.16
Q3 25
$2.13
Q2 25
$2.41
Q1 25
$2.09
Q4 24
$2.17
Q3 24
$2.25
Q2 24
$2.18

Balance Sheet & Financial Strength

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

Metric
AVY
AVY
WEC
WEC
Cash + ST InvestmentsLiquidity on hand
$255.1M
$27.6M
Total DebtLower is stronger
$3.2B
$20.0B
Stockholders' EquityBook value
$2.3B
$14.1B
Total Assets
$9.0B
$51.5B
Debt / EquityLower = less leverage
1.38×
1.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVY
AVY
WEC
WEC
Q1 26
$255.1M
Q4 25
$202.8M
$27.6M
Q3 25
$536.3M
$51.1M
Q2 25
$215.9M
$23.0M
Q1 25
$195.9M
$82.2M
Q4 24
$329.1M
$9.8M
Q3 24
$212.7M
$322.5M
Q2 24
$208.8M
$224.0M
Total Debt
AVY
AVY
WEC
WEC
Q1 26
$3.2B
Q4 25
$3.2B
$20.0B
Q3 25
$3.2B
Q2 25
$2.6B
Q1 25
$2.6B
Q4 24
$2.6B
$18.9B
Q3 24
$2.0B
$16.9B
Q2 24
$2.0B
$16.9B
Stockholders' Equity
AVY
AVY
WEC
WEC
Q1 26
$2.3B
Q4 25
$2.2B
$14.1B
Q3 25
$2.2B
$14.0B
Q2 25
$2.2B
$13.7B
Q1 25
$2.2B
$13.4B
Q4 24
$2.3B
$12.8B
Q3 24
$2.4B
$12.4B
Q2 24
$2.3B
$12.4B
Total Assets
AVY
AVY
WEC
WEC
Q1 26
$9.0B
Q4 25
$8.8B
$51.5B
Q3 25
$8.9B
$49.8B
Q2 25
$8.6B
$48.5B
Q1 25
$8.4B
$48.2B
Q4 24
$8.4B
$47.4B
Q3 24
$8.5B
$45.2B
Q2 24
$8.3B
$44.6B
Debt / Equity
AVY
AVY
WEC
WEC
Q1 26
1.38×
Q4 25
1.43×
1.42×
Q3 25
1.45×
Q2 25
1.19×
Q1 25
1.19×
Q4 24
1.11×
1.48×
Q3 24
0.85×
1.36×
Q2 24
0.89×
1.36×

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
WEC
WEC
Operating Cash FlowLast quarter
$424.6M
Free Cash FlowOCF − Capex
$104.4M
FCF MarginFCF / Revenue
4.5%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.34×
TTM Free Cash FlowTrailing 4 quarters
$869.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVY
AVY
WEC
WEC
Q1 26
Q4 25
$376.8M
$424.6M
Q3 25
$312.1M
$938.9M
Q2 25
$208.8M
$853.3M
Q1 25
$-16.3M
$1.2B
Q4 24
$351.2M
$581.8M
Q3 24
$270.1M
$729.0M
Q2 24
$197.7M
$1.0B
Free Cash Flow
AVY
AVY
WEC
WEC
Q1 26
$104.4M
Q4 25
$309.7M
Q3 25
$276.2M
$-625.7M
Q2 25
$178.8M
$23.9M
Q1 25
$-52.3M
$461.5M
Q4 24
$281.7M
Q3 24
$227.1M
$-67.3M
Q2 24
$150.2M
$343.5M
FCF Margin
AVY
AVY
WEC
WEC
Q1 26
4.5%
Q4 25
13.6%
Q3 25
12.5%
-29.7%
Q2 25
8.1%
1.2%
Q1 25
-2.4%
14.7%
Q4 24
12.9%
Q3 24
10.4%
-3.6%
Q2 24
6.7%
19.4%
Capex Intensity
AVY
AVY
WEC
WEC
Q1 26
Q4 25
3.0%
Q3 25
1.6%
74.4%
Q2 25
1.4%
41.3%
Q1 25
1.7%
22.3%
Q4 24
3.2%
Q3 24
2.0%
42.7%
Q2 24
2.1%
39.2%
Cash Conversion
AVY
AVY
WEC
WEC
Q1 26
Q4 25
2.26×
1.34×
Q3 25
1.88×
3.47×
Q2 25
1.10×
3.51×
Q1 25
-0.10×
1.60×
Q4 24
2.02×
1.28×
Q3 24
1.49×
3.06×
Q2 24
1.12×
4.94×

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%

WEC
WEC

Wisconsin$1.9B73%
Illinois$441.2M17%
Other States$165.1M7%
External Revenues$74.0M3%
Otheroperatingrevenues$8.0M0%

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