AVY
Avery Dennison Corporation
AVY has lower modeled downside risk, despite its lower overall score.
VRT
Vertiv Holdings Co
VRT has the edge over AVY overall, supported by stronger modeled upside and stronger valuation.
AVY Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Stable |
AVY's profitability and cash flow are currently healthy, and its revenue and balance sheet are stable.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
AVY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 17x | $187 | — |
| Cheap | 19x | $174 | -6.8% |
| Current | 20x | $187 | — |
| Fair | 21x | $198 | +5.7% |
| Expensive | 29x | $272 | +45% |
Historical ranges are pointers, not guarantees.
AVY's PE is in its fair range at 20x. If earnings grow as analysts expect, today's price would be 17x next year's earnings, in its cheap range.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT has the edge over AVY in the historical PE scenario, which offers more potential upside but is not a forecast.
AVY Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect AVY's earnings to grow and its profitability to improve, with its revenue holding steady.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
VRT has the edge over AVY on the outlook, with more favorable revenue expectations.
AVY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $10.75 | +16% |
| Q3 2026 | $9.25 | +5.1% |
| Q2 2026 | $9.14 | +2.5% |
| Q1 2026 | $8.88 | +2.2% |
| Q4 2025 | $8.79 | +0.7% |
| Q3 2025 | $8.80 | +5.8% |
| Q2 2025 | $8.92 | +15% |
| Q1 2025 | $8.69 | +27% |
| Q4 2024 | $8.73 | +41% |
AVY's earnings per share have climbed steadily: $9.25 over the past year, up 5.1% from the year before, and higher year over year for 10 quarters in a row.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over AVY on earnings, with stronger typical year-over-year growth.
AVY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.3B | +5.2% |
| Q2 2026 | $2.5B | +11% |
| Q1 2026 | $2.3B | +7% |
| Q4 2025 | $2.3B | +3.9% |
| Q3 2025 | $2.2B | +1.5% |
| Q2 2025 | $2.2B | -0.7% |
| Q1 2025 | $2.1B | -0.1% |
| Q4 2024 | $2.2B | +3.6% |
AVY's revenue has grown year over year for five quarters in a row: $2.3B last quarter, up 5.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 10% | -0.3 points |
| Q2 2026 | 11% | 0 points |
| Q1 2026 | 10% | -0.1 points |
| Q4 2025 | 9.2% | -1.9 points |
| Q3 2025 | 11% | -0.4 points |
| Q2 2025 | 12% | +0.8 points |
| Q1 2025 | 11% | -0.3 points |
| Q4 2024 | 11% | +1.5 points |
AVY's operating margin was 10% last quarter, about level with the same quarter a year ago.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over AVY on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over AVY on profitability, with a higher operating margin.
AVY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $251.2M | -9.1% |
| Q2 2026 | $369M | +106% |
| Q1 2026 | $108.2M | +$160.5M |
| Q4 2025 | $309.7M | +9.9% |
| Q3 2025 | $276.2M | +22% |
| Q2 2025 | $178.8M | +19% |
| Q1 2025 | -$52.3M | -174% |
| Q4 2024 | $281.7M | +28% |
AVY generated $1B in free cash flow over the past year, up 52% from the year before.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over AVY on cash flow, with more consistent year-over-year improvement.
AVY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.7% | -500K shares |
| 1 year | -2.7% | -2.1M shares |
| 3 years | -6.3% | -5.1M shares |
| 5 years | -9.3% | -7.8M shares |
| Available history | -11% | -9.1M shares |
AVY has the edge over VRT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $59M |
| Q2 2026 | $137.6M |
| Q1 2026 | $60.6M |
| Q4 2025 | $118.7M |
| Q3 2025 | $93.6M |
| Q2 2025 | $98.4M |
| Q1 2025 | $261.6M |
| Q4 2024 | $140M |
AVY spent $376M buying back its own shares over the past year, down 37% from the year before.
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has 393M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
AVY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.5x | Moderate |
| Q2 2026 | 2.6x | Moderate |
| Q1 2026 | 2.8x | Moderate |
| Q4 2025 | 2.8x | Moderate |
| Q3 2025 | 2.6x | Moderate |
| Q2 2025 | 2.6x | Moderate |
| Q1 2025 | 2.6x | Moderate |
| Q4 2024 | 2.3x | Moderate |
AVY's net debt is about 2.5 years of its operating earnings (EBITDA), about the same as a year ago.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has the edge over AVY on leverage, with a lower net debt burden relative to earnings.
AVY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 63.9 | Neutral |
| Stochastic | 74.9 | Neutral |
AVY's weekly RSI is 64 (neutral) and its Stochastic is 75 (neutral).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
AVY PE vs Industrials Sector
| Metric | AVY | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 24x | 16% below |
| PE % | 38 | 58 | 20 pts below |
AVY has the edge over VRT on valuation relative to its sector.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
AVY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $177.6 | 5.2% above |
| 20 week MA | $173.5 | 7.8% above |
| 50 week MA | $174.2 | 7.3% above |
| 100 week MA | $175.1 | 6.8% above |
| 200 week MA | $185.9 | 0.5% above |
AVY has the edge over VRT on trend strength, trading above more of its moving averages.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 70% above its 200-week average.
AVY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $131.6 | $153.4 | +17% |
| 2021 | $153.4 | $208.5 | +36% |
| 2022 | $208.5 | $181.1 | -13% |
| 2023 | $181.1 | $202.2 | +12% |
| 2024 | $202.2 | $188.5 | -6.8% |
| 2025 | $188.5 | $182.5 | -3.2% |
| 2026 YTD | $182.5 | $187.0 | +2.4% |
AVY has finished lower in three of the last six years. It's up 2.4% so far in 2026.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over AVY on returns for 2026, with the stronger performance.