Revenue Showdown: Avery Dennison vs. Allegion

In the competitive landscape of industrial giants, Avery Dennison Corporation and Allegion plc have been vying for revenue supremacy over the past decade. From 2014 to 2023, Avery Dennison consistently outperformed Allegion, generating nearly three times the revenue on average. In 2022, Avery Dennison peaked with a revenue of approximately $9 billion, marking a 43% increase from 2014. Meanwhile, Allegion's revenue grew steadily, reaching around $3.7 billion in 2023, a 72% rise from its 2014 figures.

Key Insights

• Avery Dennison's Dominance: Despite fluctuations, Avery Dennison maintained a strong lead, with its revenue peaking in 2022.
• Allegion's Growth: Allegion showed impressive growth, especially in the latter years, closing the gap slightly by 2023.

This data highlights the dynamic nature of the industrial sector, where strategic decisions and market conditions shape financial outcomes.