Amcor PLC (AMCR) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$0.87	$0.89	+2.3%	—	$6.4B	—
Q3 26	$0.95	$0.96	+1.1%	—	$5.9B	—
Q2 26	$0.38	$0.34	-10.5%	—	$5.4B	—
Q1 26	$0.92	$0.97	+5.4%	—	$5.7B	—
Q4 25	$1.08	$1	-7.4%	—	$5.1B	—
Q3 25	$0.91	$0.9	-1.1%	—	$3.3B	—
Q2 25	$0.79	$0.81	+2.5%	—	$3.2B	—
Q1 25	$0.82	$0.81	-1.2%	—	$3.4B	—
Q4 24	$1.02	$1.06	+3.9%	—	$3.5B	—
Q3 24	$0.82	$0.89	+8.5%	—	$3.4B	—
Q2 24	$0.76	$0.79	+3.9%	—	$3.3B	—
Q1 24	$0.15	$0.16	+6.7%	—	$3.4B	—
Q4 23	$0.18	$0.19	+5.6%	—	$3.7B	—
Q3 23	$0.18	$0.18	0.0%	—	$3.7B	—
Q2 23	$0.18	$0.19	+5.6%	—	$3.6B	—
Q1 23	$0.18	$0.18	0.0%	—	$3.7B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$2.39	—	—	$23.5B	—
FY25	—	$1.6	—	—	$15B	—
FY24	—	$0.51	—	—	$13.6B	—
FY23	—	$0.71	—	—	$14.7B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$9.1B	$9.3B	$9.5B	$12.5B	$12.9B	$14.5B	$14.7B	$13.6B	$15B	$23.5B
YoY change	-4.03%	+2.5%	+1.49%	+31.8%	+3.15%	+13.1%	+1.03%	-7.17%	+10%	+56.6%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	9.1B	9.3B	9.5B	12.5B	12.9B	14.5B	14.7B	13.6B	15B	23.5B
Cost of revenue	7.2B	7.5B	7.7B	9.9B	10.1B	11.7B	12B	10.9B	12.2B	18.8B
Gross profit	1.9B	1.9B	1.8B	2.5B	2.7B	2.8B	2.7B	2.7B	2.8B	4.7B
Gross margin	21%	19.9%	19%	20.3%	21.2%	19.4%	18.5%	19.9%	18.9%	20%
Research & development	69M	72.7M	64M	97M	100M	96M	101M	106M	120M	170M
Selling, general & administrative	998.6M	793.2M	999M	1.4B	1.3B	1.3B	1.2B	1.3B	1.2B	1.9B
Operating expenses	1.1B	822.7M	876M	1.4B	1.3B	1.3B	1.3B	1.4B	1.3B	1.9B
Operating income	842.3M	1B	923M	1.1B	1.4B	1.5B	1.4B	1.3B	1.3B	2.2B
Operating margin	9.26%	11.1%	9.76%	8.89%	11%	10.1%	9.55%	9.61%	8.77%	9.35%
Non-operating income, net	109.5M	-114.3M	-128M	-99M	-83M	-223M	106M	-94M	-319M	-305M
Pretax income	765M	722.9M	604M	825M	1.2B	1.1B	1.3B	907M	650M	1.3B
Income tax	214.1M	118.8M	172M	187M	261M	300M	193M	163M	135M	181M
Net income	613.4M	586.6M	437M	616M	951M	815M	1.1B	740M	518M	1.1B
Net margin	6.75%	6.29%	4.62%	4.94%	7.39%	5.6%	7.2%	5.43%	3.45%	4.71%
EBITDA	937.9M	1.3B	1.4B	1.8B	2B	2.1B	2B	1.9B	2.1B	3.7B
EPS	0.52	0.62	0.36	0.38	0.6	0.53	0.71	0.51	1.6	2.39
Diluted EPS	0.51	0.62	0.36	0.38	0.6	0.53	0.7	0.51	1.6	2.38

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	3.4B	3.3B	3.4B	3.5B	3.4B	3.2B	3.3B	5.1B	5.7B	5.4B	5.9B	6.4B
Cost of revenue	2.8B	2.6B	2.7B	2.8B	2.7B	2.6B	2.7B	4.2B	4.6B	4.4B	4.7B	5.1B
Gross profit	645M	621M	692M	754M	659M	626M	654M	895M	1.1B	1B	1.2B	1.3B
Gross margin	18.7%	19.1%	20.3%	21.3%	19.7%	19.3%	19.6%	17.6%	19.6%	19.1%	20.1%	20.9%
Research & development	27M	28M	25M	26M	28M	27M	27M	38M	46M	38M	44M	42M
Selling, general & administrative	302M	299M	330M	329M	315M	295M	303M	292M	435M	440M	488M	568M
Operating expenses	347M	355M	355M	344M	341M	296M	309M	326M	455M	446M	526M	508M
Operating income	298M	266M	337M	410M	318M	330M	345M	323M	536M	449M	530M	682M
Operating margin	8.66%	8.18%	9.88%	11.6%	9.48%	10.2%	10.4%	6.36%	9.33%	8.24%	8.96%	10.7%
Non-operating income, net	-29M	-23M	-28M	-14M	-7M	-34M	-33M	-245M	-74M	-117M	-67M	-47M
Pretax income	194M	165M	230M	318M	236M	224M	237M	-47M	309M	178M	310M	485M
Income tax	39M	28M	40M	56M	43M	58M	40M	-6M	49M	3M	32M	97M
Net income	154M	136M	189M	261M	193M	167M	197M	-39M	262M	177M	278M	389M
Net margin	4.47%	4.18%	5.54%	7.38%	5.76%	5.15%	5.91%	-0.77%	4.56%	3.25%	4.7%	6.08%
EBITDA	456M	424M	502M	565M	469M	464M	486M	656M	916M	838M	926M	1.1B
EPS	0.1	0.09	0.13	0.18	0.13	0.56	0.68	-0.1	0.56	0.38	0.6	0.84
Diluted EPS	0.1	0.09	0.13	0.18	0.13	0.56	0.68	-0.1	0.56	0.38	0.6	0.83

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	71.9B	60.7B	67.8B	—	88.9B	93.8B	73.3B	70.4B	—	—	19.8B
Enterprise value	76B	64.6B	73.3B	—	94.8B	100B	79.8B	77B	—	—	33.7B
Shares outstanding	1.2B	1.2B	1.2B	1.6B	1.6B	1.5B	1.5B	1.4B	317.8M	463.2M	463.2M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	117.2	103.6	155.2	—	93.5	115.1	69.2	95.1	—	—	17.8
P/S	7.91	6.52	7.17	—	6.91	6.45	4.99	5.16	—	—	0.83
P/B	80.8	56	11.9	—	18.4	22.6	17.9	17.8	—	—	1.66
EV/EBITDA	81	48.6	52.5	—	47.1	46.9	39.4	39.5	—	—	9.52
EV/Sales	8.36	6.93	7.75	—	7.37	6.88	5.43	5.64	—	—	1.43
Earnings yield	0.85%	0.97%	0.64%	—	1.07%	0.87%	1.44%	1.05%	—	—	5.62%
FCF yield	0.9%	0.83%	0.65%	—	1.12%	1.07%	1%	1.18%	—	—	7.6%
PEG	—	—	—	—	—	—	—	—	—	—	-0.02

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	21%	19.9%	19%	20.3%	21.2%	19.4%	18.5%	19.9%	18.9%	20%	20.9%
Operating margin	9.26%	11.1%	9.76%	8.89%	11%	10.1%	9.55%	9.61%	8.77%	9.35%	9.69%
Net margin	6.75%	6.29%	4.62%	4.94%	7.39%	5.6%	7.2%	5.43%	3.45%	4.71%	4.71%
ROE	68.9%	54.1%	7.7%	13.1%	19.7%	19.7%	25.9%	18.7%	4.41%	9.37%	9.4%
ROA	6.76%	6.52%	2.55%	3.75%	5.53%	4.68%	6.22%	4.48%	1.4%	2.98%	3.57%
ROIC	12.3%	17.5%	5.91%	8.06%	10.3%	10.4%	11.2%	10.2%	4.02%	7.38%	7.38%
Return on tangible assets	14.4%	13.8%	19.5%	34.7%	35.5%	23%	32.8%	24.2%	-177.4%	-478.8%	-478.8%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	0.82	0.7	1.15	1.14	1.21	1.15	1.19	1.17	1.21	1.25	1.25
Quick ratio	0.49	0.41	0.72	0.68	0.75	0.67	0.69	0.69	0.71	0.76	0.76
Debt / equity	5.17	4.12	1.08	1.43	1.4	1.69	1.76	1.82	1.28	1.26	1.28
Debt / assets	0.51	0.5	0.36	0.41	0.39	0.4	0.42	0.43	0.4	0.4	0.4
Net debt / EBITDA	4.31	2.89	3.94	3.31	2.93	2.91	3.22	3.39	6.83	3.68	3.68
Interest coverage	4.84	4.44	3.9	4.99	8.8	8.01	5.31	3.61	2.64	2.9	2.9
Effective tax rate	28%	16.4%	28.5%	22.7%	21.9%	26.9%	15.4%	18%	20.8%	14.1%	14.1%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	7.86	8.05	8.01	7.79	8.29	9.64	10	9.48	47.2	50.7	50.7
EPS (basic)	0.52	0.62	0.36	0.38	0.6	0.53	0.71	0.51	1.6	2.39	2.39
EPS (diluted)	0.51	0.62	0.36	0.38	0.6	0.53	0.7	0.51	1.6	2.38	2.38
Book value per share	0.77	0.94	4.81	2.93	3.11	2.74	2.79	2.75	36.9	25.5	25.5
FCF per share	0.56	0.44	0.38	0.61	0.64	0.66	0.5	0.58	2.55	2.65	2.65
Cash per share	0.48	0.53	0.51	0.46	0.55	0.51	0.47	0.41	2.6	2.41	2.41
Capex per share	0.26	0.2	0.21	0.24	0.28	0.34	0.34	0.31	—	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	3.26%	2.45%	2.61%	3.1%	3.44%	3.5%	3.38%	3.32%	—	—	—
Capex / operating cash flow	—	27.3%	24.1%	29.4%	28.4%	34.4%	31.3%	35.2%	—	—	—
Payout ratio	79.7%	89.8%	155.6%	123.5%	78%	89.8%	68.3%	97.6%	163.1%	108%	108.7%
Dividend yield	0.68%	0.87%	1%	—	0.83%	0.78%	0.99%	1.03%	—	—	6.08%

Yield

6.08%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.65

ex-dividend Sep 4, 2026

Payout ratio

109%

of earnings

Dividend growth

6 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 4, 2026	$0.65
May 28, 2026	$0.65
Feb 25, 2026	$0.65
Nov 28, 2025	$3.25
Sep 5, 2025	$3.20
May 22, 2025	$0.128
Feb 26, 2025	$0.1275
Nov 21, 2024	$0.1275

Split history

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	$3.4B	$3.3B	$3.4B	$3.5B	$3.4B	$3.2B	$3.3B	$5.1B	$5.7B	$5.4B	$5.9B	$6.4B
YoY change	-7.25%	-10.7%	-6.98%	-3.76%	-2.61%	-0.31%	-2.29%	+43.8%	+71.3%	+68.1%	+77.4%	+25.9%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	561M	617M	601.6M	743M	850M	775M	689M	588M	827M	1.1B
Receivables	1.1B	1B	1.9B	1.6B	1.9B	1.9B	1.9B	1.8B	3.4B	3.6B
Inventory	1.3B	1.4B	2B	1.8B	2B	2.4B	2.2B	2B	3.5B	3.7B
Total current assets	3.3B	3.3B	5.2B	4.5B	5.3B	5.9B	5.3B	5B	8.4B	9.3B
Property, plant & equipment	2.8B	2.7B	2.7B	2.9B	2.9B	2.9B	2.8B	2.9B	6.9B	6.3B
Goodwill & intangibles	4.8B	4.7B	14.9B	14.7B	14.5B	13.9B	13.8B	13.5B	37.4B	37.3B
Total assets	9.1B	9B	17.2B	16.4B	17.2B	17.4B	17B	16.5B	37.1B	37.1B
Accounts payable	2.6B	2.6B	2.3B	2.2B	2.6B	3.1B	2.7B	2.6B	3.5B	4B
Short-term debt	1.1B	1.8B	794.2M	206M	103M	150M	93M	96M	257M	150M
Total current liabilities	4B	4.7B	4.5B	4B	4.3B	5.1B	4.5B	4.3B	7B	7.4B
Long-term debt	3.5B	2.7B	5.3B	6.5B	6.6B	6.8B	7.1B	7.1B	14.8B	14.7B
Total liabilities	8.2B	7.9B	11.5B	11.8B	12.4B	13.3B	12.9B	12.6B	25.3B	25.3B
Shareholders' equity	890.6M	1.1B	5.7B	4.7B	4.8B	4.1B	4.1B	4B	11.7B	11.8B
Total debt	4.6B	4.5B	6.1B	6.7B	6.8B	7B	7.2B	7.2B	15B	14.9B
Net debt	4B	3.8B	5.5B	6B	5.9B	6.2B	6.5B	6.6B	14.2B	13.7B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Cash & short-term investments	524M	430M	457M	588M	432M	445M	2B	827M	825M	1.1B	1.6B	1.1B
Receivables	1.9B	1.8B	1.9B	1.8B	2B	1.8B	2B	3.4B	3.4B	3.2B	3.5B	3.6B
Inventory	2.1B	2.1B	2.1B	2B	2.2B	2.1B	2.1B	3.5B	3.5B	3.5B	3.4B	3.7B
Total current assets	5.1B	5B	5B	5B	5.2B	4.9B	6.7B	8.4B	8.5B	8.6B	9.8B	9.3B
Property, plant & equipment	4.2B	4.4B	4.3B	2.9B	4.4B	4.2B	4.2B	6.9B	9.3B	8.9B	8.4B	6.3B
Goodwill & intangibles	13.7B	13.7B	13.6B	13.5B	13.5B	13.2B	13.2B	37.4B	37.2B	37.8B	37.3B	37.3B
Total assets	16.7B	16.7B	16.7B	16.5B	16.9B	16.2B	18B	37.1B	37.1B	37B	37.6B	37.1B
Accounts payable	2.2B	2.3B	2.2B	2.6B	2.4B	2.4B	2.3B	3.5B	3B	3B	3B	4B
Short-term debt	118M	58M	131M	96M	128M	104M	159M	257M	2B	519M	653M	150M
Total current liabilities	4B	4B	3.9B	4.3B	4.1B	3.9B	3.9B	7B	8.2B	6.6B	6.8B	7.4B
Long-term debt	7.4B	7.5B	7.5B	7.1B	7.7B	7.3B	9.1B	14.8B	13.7B	15.5B	16.1B	14.7B
Total liabilities	12.7B	12.7B	12.7B	12.6B	12.9B	12.4B	14.2B	25.3B	25.4B	25.4B	25.9B	25.3B
Shareholders' equity	4B	4B	4B	4B	4B	3.8B	3.9B	11.7B	11.7B	11.6B	11.7B	11.8B
Total debt	7.6B	7.6B	7.7B	7.2B	7.8B	7.4B	9.2B	15B	15.7B	16B	16.7B	14.9B
Net debt	7B	7.1B	7.2B	6.6B	7.4B	7B	7.2B	14.2B	14.9B	15B	15.1B	13.7B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	—	586.6M	437M	616M	951M	815M	1.1B	740M	518M	1.1B
Depreciation & amortization	—	357.1M	453M	652M	574M	625M	586M	595M	722M	1.5B
Stock-based compensation	—	21M	19M	34M	58M	63M	54M	32M	74M	83M
Change in working capital	—	-58.6M	90M	81M	14M	-120M	-127M	-123M	-68M	-225M
Operating cash flow	—	833.7M	1B	1.3B	1.6B	1.5B	1.6B	1.3B	1.4B	2.2B
Capital expenditure	-296.1M	-228M	-247M	-387M	-442M	-509M	-496M	-453M	—	—
Investing cash flow	-632M	-241.9M	10M	37.8M	-233M	-527M	-309M	-476M	-1.5B	325M
Dividends paid	-488.6M	-526.8M	-680M	-761M	-742M	-732M	-723M	-722M	-845M	-1.2B
Share repurchases	-83.7M	0	-20M	-604M	-359M	-744M	-653M	-81M	-122M	-72M
Financing cash flow	-335M	-503.7M	-737M	-1.2B	-1.2B	-891M	-1B	-857M	895M	-1.3B
Net change in cash	-967M	88.1M	296M	116.8M	143M	62M	251M	-47M	745M	1.1B
Free cash flow	647.6M	506.4M	444M	984M	993M	999M	735M	829M	810M	1.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Net income	154M	136M	189M	261M	193M	167M	197M	-39M	262M	177M	278M	389M
Depreciation & amortization	149M	146M	153M	147M	141M	126M	132M	323M	364M	373M	377M	365M
Stock-based compensation	-5M	11M	14M	12M	5M	13M	12M	44M	10M	22M	21M	30M
Change in working capital	-490M	—	—	622M	-631M	—	—	729M	-718M	—	—	942M
Operating cash flow	-147M	287M	392M	1B	-271M	302M	417M	1.1B	-133M	503M	186M	1.6B
Capital expenditure	-120M	-114M	-112M	-107M	-144M	-92M	-115M	—	—	—	—	—
Investing cash flow	-142M	-114M	-113M	-107M	-155M	21M	-115M	-1.6B	-16M	-2M	71M	272M
Dividends paid	-176M	-185M	-181M	-180M	-180M	-186M	-184M	-295M	-294M	-300M	-300M	-301M
Share repurchases	-76M	-5M	0	0	-47M	-5M	-1M	-69M	-36M	-22M	-6M	-8M
Financing cash flow	141M	-376M	29M	-651M	237M	-379M	1.6B	-538M	325M	-794M	1.3B	-2.2B
Net change in cash	-148M	-203M	308M	251M	-189M	-56M	1.9B	-1.1B	176M	-293M	1.5B	-295M
Free cash flow	-259M	242M	37M	809M	-414M	330M	0	894M	-371M	282M	-42M	1.4B

Amcor PLC Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement