Cost of Revenue Trends: Avery Dennison Corporation vs Nordson Corporation

Cost of Revenue Trends: Avery Dennison vs. Nordson

In the ever-evolving landscape of industrial manufacturing, understanding cost dynamics is crucial. Avery Dennison Corporation and Nordson Corporation, two giants in their respective fields, have shown distinct trends in their cost of revenue over the past decade. From 2014 to 2023, Avery Dennison's cost of revenue increased by approximately 30%, peaking in 2022. This growth reflects their strategic investments and expansion efforts. In contrast, Nordson Corporation's cost of revenue rose by about 58% during the same period, indicating a robust scaling of operations. Notably, Nordson's cost of revenue consistently remained below 20% of Avery Dennison's, highlighting their efficient cost management. However, 2024 data for Avery Dennison is missing, leaving room for speculation on their current financial strategies. These insights provide a window into the operational efficiencies and market strategies of these industry leaders.