Amcor plc

AMCR · NYSE · USD

Financials

Annual

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Valuation and market statistics · USD millions unless noted · ratios on the twelve months ending at each period

Line item	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989
Valuation
Market cap	$20,043	$13,283	$14,135	$14,685	$18,679	$17,570	$15,654	$17,616	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	$16,088	$16,088	$16,088	$16,088	$16,088	$16,088	$16,088	$16,088	$16,088	$16,088	$16,088	$16,088	$16,088	$16,088	$16,088
Enterprise value	$34,019	$27,476	$20,806	$21,269	$24,946	$23,528	$21,672	$23,183	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	$17,782	$16,040	$17,305	$17,002	$17,333	$17,506	$17,696	$17,712	$17,594	$17,300	$16,973	$16,951	$16,663	$17,010	$16,861
P/E (TTM) at period end	18.12×	26.04×	19.44×	14.11×	23.29×	18.75×	25.58×	41.06×	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	66.09×	33.55×	111.64×	92.63×	84.89×	513.17×	–	60.30×	62.98×	85.79×	76.48×	80.82×	91.51×	122.02×	161.77×
P/S (TTM) at period end	0.85×	0.88×	1.04×	1.00×	1.28×	1.37×	1.26×	1.86×	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.23×	3.82×	5.56×	4.70×	–	–	–	–	–	3.97×	–	–	6.28×	6.24×	9.64×
P/B at period end	1.70×	1.13×	3.64×	3.65×	4.58×	3.69×	3.38×	3.14×	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.38×	6.50×	13.36×	15.20×	8.99×	9.12×	7.11×	6.44×	7.35×	7.99×	9.26×	9.92×	10.40×	10.97×	14.02×
EV / EBITDA (TTM)	10.07×	15.87×	11.50×	10.16×	13.38×	12.42×	13.17×	18.62×	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.16×	–	–	–	–	–	4.44×	–	–	6.50×	6.60×	10.11×
EV / Sales (TTM)	1.45×	1.83×	1.53×	1.45×	1.72×	1.83×	1.74×	2.45×	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.46×	3.80×	5.98×	4.96×	–	–	–	–	–	4.27×	–	–	6.50×	6.60×	10.11×
Returns
Return on equity	9.4%	4.3%	18.7%	25.9%	19.6%	19.7%	13.2%	7.6%	91.6%	70.5%	31.1%	46.4%	26.2%	16.4%	12.5%	8.9%	4.5%	7.0%	8.7%	15.1%	10.0%	4.0%	7.5%	8.1%	19.4%	12.0%	16.4%	10.6%	1.8%	(2.7%)	10.7%	11.7%	9.3%	12.1%	12.3%	11.4%	9.0%	8.7%
Return on invested capital	6.3%	3.1%	9.4%	12.0%	8.8%	9.6%	7.2%	5.1%	18.3%	15.7%	4.4%	16.1%	17.1%	7.7%	4.6%	3.7%	4.4%	2.2%	2.4%	4.5%	6.1%	1.6%	4.4%	4.1%	7.1%	5.8%	124.7%	(1.7%)	(0.6%)	(4.2%)	8.2%	8.7%	61.8%	7.9%	9.9%	89.2%	80.0%	61.9%
Dividend yield	6.0%	6.4%	5.1%	4.9%	3.9%	4.2%	4.9%	3.9%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.8%	0.7%	0.5%	0.9%	1.0%	0.9%	1.1%	–	–	–	–	–	0.4%	–	–
Financial health
Current ratio	1.25×	1.21×	1.17×	1.19×	1.15×	1.21×	1.14×	1.15×	0.72×	0.81×	0.88×	0.93×	1.01×	0.89×	0.89×	1.09×	0.84×	0.79×	0.95×	0.96×	0.89×	1.08×	1.03×	0.98×	2.16×	1.29×	1.26×	1.31×	1.28×	1.18×	1.14×	1.36×	1.63×	1.77×	1.52×	1.63×	3.46×	2.61×
Debt / equity	1.19×	1.19×	1.72×	1.67×	1.59×	1.32×	1.35×	0.95×	5.86×	5.75×	5.53×	2.44×	1.73×	1.21×	1.19×	0.92×	0.81×	0.94×	0.85×	0.84×	0.90×	0.63×	0.59×	0.52×	0.45×	1.03×	0.92×	0.74×	0.87×	0.74×	0.65×	0.65×	0.55×	0.45×	0.46×	0.36×	0.63×	0.67×
Effective tax rate	14.1%	20.8%	18.0%	15.4%	26.9%	21.9%	22.7%	28.5%	16.4%	20.8%	58.8%	21.0%	8.8%	26.7%	46.5%	45.9%	18.9%	58.7%	62.4%	30.2%	28.1%	51.3%	25.4%	29.4%	12.3%	29.3%	21.9%	3.2%	61.8%	(146.8%)	33.5%	34.6%	46.6%	41.6%	35.4%	23.3%	23.1%	25.9%
Share count
Diluted shares outstanding	464	319	288	295	303	311	320	237	232	233	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Income statement · USD millions

Line item	TTM	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989
Revenue and gross profit
Revenue	$23,506	$23,506	$15,009	$13,640	$14,694	$14,544	$12,861	$12,468	$9,458	$9,319	$9,101	$9,474	$9,599	$10,218	$11,339	$12,478	$13,266	$8,371	$7,696	$8,835	$8,448	$8,194	$8,463	$7,275	$7,216	$4,216	$2,892	$3,425	–	–	–	–	–	$4,055	–	–	$2,564	$2,578	$1,668
Cost of revenue	($18,816)	($18,816)	($12,175)	($10,928)	($11,969)	($11,724)	($10,129)	($9,932)	($7,659)	($7,462)	($7,189)	($7,468)	($7,670)	($8,289)	($9,336)	($10,365)	($10,996)	($6,890)	($6,488)	($7,417)	($7,067)	($6,923)	($7,095)	($6,005)	($5,921)	($3,408)	($2,318)	–	–	–	–	–	–	–	–	–	–	–	–
Gross profit	$4,690	$4,690	$2,834	$2,712	$2,725	$2,820	$2,732	$2,536	$1,799	$1,857	$1,912	$2,006	$1,930	$1,930	$2,004	$2,113	$2,270	$1,481	$1,208	$1,418	$1,381	$1,270	$1,369	$1,270	$1,296	$808	$574	–	–	–	–	–	–	–	–	–	–	–	–
Operating expenses
Research and development	($170)	($170)	($120)	($106)	($101)	($96)	($100)	($97)	($64)	($73)	($69)	($68)	($63)	($72)	($60)	($70)	($100)	($47)	($32)	($35)	($27)	($27)	($30)	($32)	($30)	($20)	($8)	($12)	–	–	–	–	–	($20)	–	–	–	–	–
Selling, general and administrative	($1,931)	($1,931)	($1,205)	($1,093)	($1,086)	($1,284)	($1,292)	($1,385)	($999)	($793)	($850)	($1,469)	($961)	($890)	($1,210)	($1,431)	($1,668)	($1,103)	($926)	($1,056)	($999)	($824)	($1,164)	($928)	($875)	($590)	($366)	($37)	($55)	($46)	–	–	–	($56)	–	–	($1)	–	–
Total operating expenses	($2,791)	($2,791)	($1,825)	($1,498)	($1,217)	($1,581)	($1,411)	($1,542)	($1,007)	($863)	($996)	($1,537)	($1,023)	($962)	($1,270)	($1,501)	($1,767)	($1,150)	($958)	($1,090)	($1,026)	($851)	($1,194)	($961)	($1,022)	($610)	($374)	–	–	–	–	–	–	–	–	–	–	–	–
Total costs and expenses	($21,607)	($21,607)	($14,000)	($12,426)	($13,186)	($13,305)	($11,540)	($11,474)	($8,666)	($8,325)	($8,185)	($9,006)	($8,693)	($9,250)	($10,606)	($11,866)	($12,764)	($8,040)	($7,446)	($8,508)	($8,093)	($7,774)	($8,289)	($6,966)	($6,943)	($4,018)	($2,692)	($274)	($55)	($46)	($163)	$508	$491	($324)	$352	$381	($106)	($96)	($64)
Operating income	$1,899	$1,899	$1,009	$1,214	$1,508	$1,239	$1,321	$994	$792	$994	$916	$469	$906	$968	$734	$612	$502	$331	$250	$328	$355	$419	$174	$309	$273	$198	$200	$3,151	($55)	($46)	($163)	$508	$491	$3,731	$352	$381	$2,457	$2,482	$1,604
Earnings
EBITDA	$3,378	$3,378	$1,731	$1,809	$2,094	$1,864	$1,895	$1,646	$1,245	$1,351	$1,290	$823	$1,251	$1,343	$1,062	–	–	–	–	–	–	–	–	–	–	–	–	$3,296	–	–	–	–	–	$3,894	–	–	$2,562	$2,578	$1,668
Interest income	$66	$66	$49	$38	$31	$24	$14	$22	$17	$13	$12	$35	$27	$28	$25	$23	$20	$20	$8	$27	$18	$16	$16	$9	$7	$9	$7	$9	$12	$8	$8	$9	$5	–	$7	$9	–	–	–
Interest expense	($676)	($676)	($396)	($348)	($290)	($159)	($153)	($207)	($208)	($210)	($191)	($202)	($196)	($227)	($226)	($233)	($252)	($175)	($156)	($200)	($198)	($196)	($121)	($102)	($111)	($78)	($79)	($87)	($85)	($78)	($92)	($116)	($84)	($54)	($53)	($91)	($126)	($177)	($113)
Pre-tax income	$1,282	$1,282	$650	$907	$1,251	$1,115	$1,193	$825	$604	$723	$716	$411	$895	$859	$767	$580	$503	$272	$203	$275	$249	$378	$262	$335	$329	$552	$206	$227	$200	$90	($24)	$393	$407	$299	$300	$290	$237	$174	$135
Income tax expense	($181)	($181)	($135)	($163)	($193)	($300)	($261)	($187)	($172)	($119)	($149)	($242)	($188)	($76)	($205)	($270)	($231)	($51)	($119)	($172)	($75)	($106)	($134)	($85)	($97)	($68)	($60)	($50)	($6)	($56)	($36)	($132)	($141)	($139)	($125)	($103)	($55)	($40)	($35)
Net income	$1,106	$1,106	$511	$730	$1,048	$805	$939	$612	$430	$575	$564	$245	$679	$532	$539	$422	$352	$156	$171	$248	$453	$261	$132	$242	$243	$480	$144	$174	$190	$31	($60)	$267	$255	$188	$210	$199	$176	$132	$99
Per share
Diluted EPS (GAAP)	$2.38	$2.38	$1.60	$2.52	$3.52	$2.65	$3.01	$1.91	$1.81	$2.47	$2.40	$1.05	$2.75	$2.15	$2.25	$1.70	$1.55	$0.65	$0.60	$1.25	$2.15	$1.30	$0.4575	$1.05	$1.10	$1.65	$0.50	$0.60	$0.65	$0.109	($0.2095)	$0.95	$0.90	$0.65	$0.75	$0.70	$0.60	$0.458	$0.3455
Basic EPS (GAAP)	$2.39	$2.39	$1.60	$2.53	$3.54	$2.66	$3.02	$1.91	$1.82	$2.48	$2.45	$1.05	$2.85	$2.20	$2.25	$1.75	$1.55	$0.65	$0.60	$1.25	$2.20	$1.30	$0.461	$1.05	$1.10	$1.65	$0.50	$0.60	$0.65	$0.109	($0.2095)	$0.95	$0.90	$0.65	$0.75	$0.70	$0.60	$0.458	$0.3455
Basic shares outstanding	463	463	318	289	296	303	311	320	236	231	231	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288	288
Margins
Gross margin	20.0%	20.0%	18.9%	19.9%	18.5%	19.4%	21.2%	20.3%	19.0%	19.9%	21.0%	21.2%	20.1%	18.9%	17.7%	16.9%	17.1%	17.7%	15.7%	16.1%	16.4%	15.5%	16.2%	17.5%	18.0%	19.2%	19.9%	–	–	–	–	–	–	–	–	–	–	–	–
Operating margin	8.1%	8.1%	6.7%	8.9%	10.3%	8.5%	10.3%	8.0%	8.4%	10.7%	10.1%	4.9%	9.4%	9.5%	6.5%	4.9%	3.8%	4.0%	3.2%	3.7%	4.2%	5.1%	2.1%	4.2%	3.8%	4.7%	6.9%	92.0%	–	–	–	–	–	92.0%	–	–	95.9%	96.3%	96.1%
Net margin	4.7%	4.7%	3.4%	5.4%	7.1%	5.5%	7.3%	4.9%	4.5%	6.2%	6.2%	2.6%	7.1%	5.2%	4.8%	3.4%	2.7%	1.9%	2.2%	2.8%	5.4%	3.2%	1.6%	3.3%	3.4%	11.4%	5.0%	5.1%	–	–	–	–	–	4.6%	–	–	6.9%	5.1%	6.0%

Analyst consensus

Buy14 analysts

Bearish · 1 · Hold · 5 · Bullish · 8

Earnings history

	EPS	Estimate
Q1 2025	$0.80	$0.16	Beat
Q2 2025	$0.80	$0.16	Beat
Q3 2025	$0.90	$0.90	Match
Q4 2025	$1.00	$1.05	Miss
Q1 2026	$0.95	$0.93	Beat
Q2 2026	$0.86	$0.83	Beat
Q3 2026	$0.96	$0.96	Match
Q4 2026	$1.23	$1.19	Beat

Peers

Company overview

IPO dateMay 15, 2012

CEOPeter Konieczny

Employees75,000

SectorConsumer Cyclical

IndustryPackaging & Containers

CountryCH

ExchangeNew York Stock Exchange

Websitewww.amcor.com

Amcor plc stands as a prominent global provider of packaging solutions, focusing on the creation, production, and distribution of its diverse product portfolio across Europe, North America, Latin America, Africa, and the Asia Pacific regions. The company's operations are divided into two main segments: Flexibles and Rigid Packaging. The Flexibles division specializes in offering advanced flexible and film packaging solutions, catering to a wide array of industries including food and beverages, medical and pharmaceutical sectors, fresh produce, snack foods, and personal care items. Meanwhile, the Rigid Packaging segment is responsible for manufacturing robust containers suitable for an extensive range of liquid and food products. This includes packaging for carbonated soft drinks, various types of water, juices, sports drinks, dairy-based beverages, spirits, beer, sauces, dressings, spreads, and personal care necessities. Additionally, this segment produces plastic closures designed for numerous applications. Amcor predominantly sells its offerings directly to clients through its dedicated sales force. The company was founded in 2018 and its corporate headquarters are situated in Zürich, Switzerland.

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