Financial Statements

Avery Dennison Corporation (AVY)

$174.29

+1.84 (+1.07%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2019 2018 2017
Retained Earnings (Previous Year) -2,8652,597-
Net Income 740304467282
Stock Dividends 3,3610-242,470
Dividend Paid -221-190-175-156
Retained Earnings 3,8812,9792,8652,597

PPE Schedule

Year 2021 2019 2018 2017
Gross PPE -1,1371,098-
Annual Depreciation 1,7504692961,324
Capital Expenditure -272-257-257-226
Net PPE 1,4781,3491,1371,098

Intangible and Goodwill Schedule

Year 2021 2019 2018 2017
Intangible and Goodwill (Previous Year) -985942-
New Purchases -8---
Intangible and Goodwill 9859429311,882

Avery Dennison Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Avery Dennison Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.