Revenue Showdown: Honeywell International Inc. vs Avery Dennison Corporation

Revenue Showdown: A Decade of Growth and Competition

In the ever-evolving landscape of industrial giants, Honeywell International Inc. and Avery Dennison Corporation have been pivotal players. Over the past decade, Honeywell has consistently outpaced Avery Dennison in revenue, boasting figures nearly five times higher. However, Avery Dennison has shown remarkable growth, with its revenue increasing by approximately 32% from 2014 to 2023.

A Closer Look at the Numbers

In 2014, Honeywell's revenue was at its peak, reaching over $40 billion, while Avery Dennison started at around $6.3 billion. Despite fluctuations, both companies have demonstrated resilience, with Honeywell maintaining a steady revenue stream and Avery Dennison achieving its highest revenue in 2022. This financial journey highlights the dynamic nature of the industrial sector and the strategic maneuvers these companies employ to stay competitive.