AVY vs. IP: Avery Dennison vs. International Paper Stock Comparison

November 11, 2026

How do Avery Dennison (AVY) and International Paper (IP) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Avery Dennison (AVY) and International Paper (IP) are both classified in the Paper & Plastic Packaging Products & Materials sub-industry within the broader Containers & Packaging industry, placing them in the closest GICS peer bucket.

Company profile comparison for Avery Dennison (AVY) and International Paper (IP)
Profile Item	AVY	IP
Name	Avery Dennison Corporation	International Paper Co.
Country/Region	United States	United States
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Containers & Packaging	Containers & Packaging
GICS Sub-Industry	Paper & Plastic Packaging Products & Materials	Paper & Plastic Packaging Products & Materials
Market Capitalization	14.10 billion USD	18.29 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	February 21, 1973	January 2, 1962
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

AVY

GSPC

Avery Dennison (AVY) vs. International Paper (IP), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Avery Dennison (AVY) and International Paper (IP). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Avery Dennison (AVY) and International Paper (IP). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Avery Dennison (AVY) and International Paper (IP)
Metric	AVY	IP
Total Return (1Y)	10.80%	-2.70%
Total Return (3Y, Annualized)	3.97%	6.64%
Total Return (5Y, Annualized)	-1.88%	-2.14%

Risk Profile

Drawdown History

AVY

GSPC

Avery Dennison (AVY) vs. International Paper (IP), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Avery Dennison (AVY) and International Paper (IP). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Avery Dennison (AVY) and International Paper (IP)
Metric	AVY	IP
Volatility (1Y, Annualized)	24.05%	42.71%
Beta (5Y)	0.75	0.96
Max Drawdown (5Y)	-31.73%	-48.61%
Avg. Volume (3M)	836.04K	5.09M

Risk-Adjusted Performance

Risk-Return Positioning

AVY and IP are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Avery Dennison (AVY) and International Paper (IP)
Metric	AVY	IP
Sharpe Ratio (1Y)	0.27	-0.16
Sortino Ratio (1Y)	0.43	-0.24

Profitability

ROE (TTM)

International Paper (IP) reports a negative ROE of -22.30%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Avery Dennison (AVY) reports 30.80%, ranking against industry peers normally.

AVY

Materials industry group

30.80%

Max: 52.88%
AVY: 30.80%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

IP

Materials industry group

-22.30%

Max: 52.88%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
IP: -22.30%
Min: -32.81%

Avery Dennison (AVY) vs. International Paper (IP): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

International Paper (IP) reports a negative net margin of -14.32%, usually indicating a net loss over the period. Meanwhile Avery Dennison (AVY) reports 7.56%, ranking against industry peers normally.

AVY

Materials industry group

7.56%

Max: 38.66%
Q3: 15.98%
AVY: 7.56%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

IP

Materials industry group

-14.32%

Max: 38.66%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
IP: -14.32%
Min: -20.40%

Avery Dennison (AVY) vs. International Paper (IP): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both Avery Dennison (AVY) at 12.10% and International Paper (IP) at 5.89% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

AVY

Materials industry group

12.10%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
AVY: 12.10%
Q1: 3.28%
Min: -14.07%

IP

Materials industry group

5.89%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
IP: 5.89%
Q1: 3.28%
Min: -14.07%

Avery Dennison (AVY) vs. International Paper (IP): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Avery Dennison (AVY) and International Paper (IP)
Metric	AVY	IP
ROE (TTM)	30.80%	-22.30%
ROA (TTM)	8.28%	1.60%
Net Margin (TTM)	7.56%	-14.32%
Operating Margin (TTM)	12.10%	5.89%
Gross Margin (TTM)	28.83%	29.78%

Growth

Revenue Growth

International Paper (IP) at 49.25% sits in the top revenue growth quartile, while Avery Dennison (AVY) at 1.14% is closer to the peer norm — faster top-line expansion for IP.

Avery Dennison (AVY) vs. International Paper (IP): A comparison of their Revenue Growth across different time periods.

EPS Growth

Avery Dennison (AVY) at 0.69% is around its peer norm for EPS growth, while International Paper (IP) at -542.68% falls below its industry range, a notably weak earnings reading.

Avery Dennison (AVY) vs. International Paper (IP): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Avery Dennison (AVY) and International Paper (IP)
Metric	AVY	IP
Revenue Growth (YoY)	1.14%	49.25%
Revenue Growth (3Y CAGR)	-0.68%	3.75%
EPS Growth (YoY)	0.69%	-542.68%
EPS Growth (3Y CAGR)	-1.54%	--

Financial Strength

Current Ratio (MRQ)

Both Avery Dennison (AVY) at 1.16 and International Paper (IP) at 0.99 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

AVY

Materials industry group

1.16

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
AVY: 1.16
Min: 0.16

IP

Materials industry group

0.99

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
IP: 0.99
Min: 0.16

Avery Dennison (AVY) vs. International Paper (IP): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

International Paper (IP) at 0.79 carries an industry-typical debt-to-equity mix, while Avery Dennison (AVY) at 1.52 uses more debt funding than most peers.

AVY

Materials industry group

1.52

Max: 1.98
AVY: 1.52
Q3: 0.89
Median: 0.47
Q1: 0.13
Min: 0.00

IP

Materials industry group

0.79

Max: 1.98
Q3: 0.89
IP: 0.79
Median: 0.47
Q1: 0.13
Min: 0.00

Avery Dennison (AVY) vs. International Paper (IP): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Avery Dennison (AVY) and International Paper (IP)
Metric	AVY	IP
Current Ratio (MRQ)	1.16	0.99
Debt / Equity (MRQ)	1.52	0.79
Net Debt / EBITDA	2.20	2.40

Dividends

Dividend Yield (TTM)

Avery Dennison (AVY) at 2.05% earns its spot in the top quartile of its industry’s yields; International Paper (IP) at 5.40% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.

AVY

Materials industry group

2.05%

Max: 4.52%
AVY: 2.05%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

IP

Materials industry group

5.40%

IP: 5.40%
Max: 4.52%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

Avery Dennison (AVY) vs. International Paper (IP): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

International Paper (IP) reports payout ratio above 100% at 402.17%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Avery Dennison (AVY) reports 41.99%, ranking against industry peers normally.

AVY

Materials industry group

41.99%

Max: 83.62%
AVY: 41.99%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

IP

Materials industry group

402.17%

IP: 402.17%
Max: 83.62%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

Avery Dennison (AVY) vs. International Paper (IP): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Avery Dennison (AVY) and International Paper (IP)
Metric	AVY	IP
Dividend Yield (TTM)	2.05%	5.40%
Dividend Payout Ratio (TTM)	41.99%	402.17%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Avery Dennison (AVY) trades at 20.21 times trailing earnings, ranked against its peers, while International Paper (IP) has no P/E ratio this period.

AVY

Materials industry group

20.21

Max: 59.00
Q3: 32.93
AVY: 20.21
Median: 18.82
Q1: 11.96
Min: 3.93

IP

Materials industry group

Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
Min: 3.93
IP: --

Avery Dennison (AVY) vs. International Paper (IP): IP does not report P/E ratio, so it has no value marker; AVY is benchmarked against the Materials industry group.

P/S Ratio (TTM)

On P/S ratio, both Avery Dennison (AVY) at 1.51 and International Paper (IP) at 0.76 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

AVY

Materials industry group

1.51

Max: 9.62
Q3: 4.34
Median: 1.87
AVY: 1.51
Q1: 0.73
Min: 0.00

IP

Materials industry group

0.76

Max: 9.62
Q3: 4.34
Median: 1.87
IP: 0.76
Q1: 0.73
Min: 0.00

Avery Dennison (AVY) vs. International Paper (IP): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

International Paper (IP) at 1.39 is valued about in line with its industry on P/B ratio, while Avery Dennison (AVY) at 5.91 carries an above-peer premium to book — AVY is pricier on assets.

AVY

Materials industry group

5.91

Max: 6.59
AVY: 5.91
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

IP

Materials industry group

1.39

Max: 6.59
Q3: 3.55
Median: 2.08
IP: 1.39
Q1: 1.26
Min: -0.17

Avery Dennison (AVY) vs. International Paper (IP): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Avery Dennison (AVY) and International Paper (IP)
Metric	AVY	IP
P/E Ratio (TTM)	20.21	--
P/S Ratio (TTM)	1.51	0.76
P/B Ratio (MRQ)	5.91	1.39
Free Cash Flow Yield (TTM)	6.90%	12.53%