• Avery Dennison average pre-tax profit margin for 2023 was 8.85%, a 22.44% increase from 2022.
• Avery Dennison average pre-tax profit margin for 2022 was 11.41%, a 4.36% decline from 2021.
• Avery Dennison average pre-tax profit margin for 2021 was 11.93%, a 20.63% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.