What is Amcor's operating income?

Amcor's total operating income in 2026 was $1.90 billion, based on the following breakdown: Total Gross Profit: $4.69 billion Total Operating Expenses: $2.79 billion

Amcor (AMCR) Financials

$48.58 +0.77 (+1.61%)

As of 08/21/2026 03:58 PM Eastern

Compare

Annual Income Statements for Amcor

This table shows Amcor's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025	6/30/2026
Net Income / (Loss) Attributable to Common Shareholders	564	575	430	612	939	805	1,048	730	511	1,106
Consolidated Net Income / (Loss)	581	587	437	616	951	815	1,058	740	518	1,106
Net Income / (Loss) Continuing Operations	581	587	436	624	951	815	1,058	740	518	1,106
Total Pre-Tax Income	716	723	604	825	1,193	1,115	1,251	907	650	1,282
Total Operating Income	916	994	792	994	1,321	1,239	1,508	1,214	1,009	1,899
Total Gross Profit	1,912	1,857	1,799	2,536	2,732	2,820	2,725	2,712	2,834	4,690
Total Revenue	9,101	9,319	9,458	12,468	12,861	14,544	14,694	13,640	15,009	23,506
Operating Revenue	9,101	9,319	9,458	12,468	12,861	14,544	14,694	13,640	15,009	23,506
Total Cost of Revenue	7,189	7,462	7,659	9,932	10,129	11,724	11,969	10,928	12,175	18,816
Operating Cost of Revenue	7,189	7,462	7,659	9,932	10,129	11,724	11,969	10,928	12,175	18,816
Total Operating Expenses	996	863	1,007	1,542	1,411	1,581	1,217	1,498	1,825	2,791
Selling, General & Admin Expense	850	793	999	1,385	1,292	1,284	1,086	1,093	1,205	1,931
Research & Development Expense	69	73	64	97	100	96	101	106	120	170
Amortization Expense	-	-	-	-	-	-	160	167	246	558
Other Operating Expenses / (Income)	-67	-43	-187	-55	-75	-33	-26	35	-53	-166
Restructuring Charge	143	40	131	115	94	234	-104	97	307	298
Total Other Income / (Expense), net	-200	-271	-188	-169	-128	-124	-257	-307	-359	-617
Interest Expense	191	210	208	207	153	159	290	348	396	676
Interest & Investment Income	12	13	17	22	14	24	31	38	49	66
Other Income / (Expense), net	-22	-74	3.00	16	11	11	2.00	3.00	-12	-7.00
Income Tax Expense	149	119	172	187	261	300	193	163	135	181
Other Gains / (Losses), net	14	-18	4.00	-14	19	0.00	0.00	-4.00	3.00	5.00
Net Income / (Loss) Attributable to Noncontrolling Interest	17	11	7.00	4.00	12	10	10	10	7.00	0.00
Basic Earnings per Share	$0.49	$0.50	$0.36	$0.38	$0.60	$0.53	-	$2.53	$1.60	$2.39
Weighted Average Basic Shares Outstanding	-	1.15B	1.20B	1.57B	1.54B	1.49B	1.45B	1.45B	2.31B	462.35M
Diluted Earnings per Share	$0.48	$0.49	$0.36	$0.38	$0.60	$0.53	-	$2.52	$1.60	$2.38
Weighted Average Diluted Shares Outstanding	-	1.15B	1.20B	1.57B	1.54B	1.49B	1.45B	1.45B	2.31B	462.35M
Weighted Average Basic & Diluted Shares Outstanding	-	1.15B	1.20B	1.57B	1.54B	1.49B	1.45B	1.45B	2.31B	462.35M

This table shows Amcor's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
Net Income / (Loss) Attributable to Common Shareholders	134	187	257	191	163	196	-39	262	177	278	389
Consolidated Net Income / (Loss)	136	189	261	193	167	197	-39	262	177	278	389
Net Income / (Loss) Continuing Operations	136	189	261	193	167	197	-39	262	177	278	389
Total Pre-Tax Income	165	230	318	236	224	237	-47	309	178	310	485
Total Operating Income	242	307	395	312	297	313	87	461	331	461	646
Total Gross Profit	621	692	754	659	626	654	895	1,124	1,039	1,190	1,337
Total Revenue	3,251	3,411	3,535	3,353	3,241	3,333	5,082	5,745	5,449	5,914	6,398
Operating Revenue	3,251	3,411	3,535	3,353	3,241	3,333	5,082	5,745	5,449	5,914	6,398
Total Cost of Revenue	2,630	2,719	2,781	2,694	2,615	2,679	4,187	4,621	4,410	4,724	5,061
Operating Cost of Revenue	2,630	2,719	2,781	2,694	2,615	2,679	4,187	4,621	4,410	4,724	5,061
Total Operating Expenses	379	385	359	347	329	341	808	663	708	729	691
Selling, General & Admin Expense	299	330	329	276	255	266	292	435	440	488	568
Research & Development Expense	28	25	26	28	27	27	38	46	38	44	42
Amortization Expense	-	-	-	39	40	37	-	133	144	134	147
Other Operating Expenses / (Income)	28	0.00	-11	-2.00	-26	-21	-4.00	-26	-32	-6.00	-102
Restructuring Charge	24	30	15	6.00	33	32	236	75	118	69	36
Total Other Income / (Expense), net	-77	-77	-77	-76	-73	-76	-134	-152	-153	-151	-161
Interest Expense	89	89	85	86	81	85	144	168	169	170	169
Interest & Investment Income	11	10	7.00	11	9.00	10	19	15	15	17	19
Other Income / (Expense), net	1.00	2.00	1.00	-1.00	-1.00	-1.00	-9.00	1.00	1.00	2.00	-11
Income Tax Expense	28	40	56	43	58	40	-6.00	49	3.00	32	97
Other Gains / (Losses), net	-1.00	-1.00	-1.00	0.00	1.00	0.00	2.00	2.00	2.00	0.00	1.00
Basic Earnings per Share	$0.09	$0.13	$0.18	$0.13	$0.57	$0.68	-	$0.11	$0.38	$0.60	$0.84
Weighted Average Basic Shares Outstanding	1.45B	1.45B	1.45B	1.45B	1.45B	1.45B	2.31B	2.31B	462.05M	462.35M	462.35M
Diluted Earnings per Share	$0.09	$0.13	$0.18	$0.13	$0.56	$0.68	-	$0.11	$0.38	$0.60	$0.84
Weighted Average Diluted Shares Outstanding	1.45B	1.45B	1.45B	1.45B	1.45B	1.45B	2.31B	2.31B	462.05M	462.35M	462.35M
Basic & Diluted Earnings per Share	-	-	-	-	-	-	-	-	-	-	$0.84
Weighted Average Basic & Diluted Shares Outstanding	1.45B	1.45B	1.45B	1.45B	1.45B	1.45B	2.31B	2.31B	462.05M	462.35M	462.35M
Cash Dividends to Common per Share	$0.13	$0.13	-	$0.13	-	-	-	$0.13	$0.65	$0.65	$0.65

This table details how cash moves in and out of Amcor's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025	6/30/2026
Net Change in Cash & Equivalents	54	87	-20	141	107	33	-161	-101	239	288
Net Cash From Operating Activities	909	871	776	1,384	1,461	1,526	1,261	1,321	1,390	2,151
Net Cash From Continuing Operating Activities	909	871	776	1,384	1,461	1,526	1,261	1,321	1,390	2,157
Net Income / (Loss) Continuing Operations	581	587	437	616	951	815	1,058	740	518	1,106
Consolidated Net Income / (Loss)	581	587	437	616	951	815	1,058	740	518	1,106
Depreciation Expense	374	357	453	652	574	625	586	595	722	1,479
Amortization Expense	3.10	5.10	6.00	8.00	10	2.00	4.00	10	169	48
Non-Cash Adjustments To Reconcile Net Income	36	119	-199	83	-31	324	-65	133	184	-107
Changes in Operating Assets and Liabilities, net	-85	-196	79	25	-43	-240	-322	-157	-203	-369
Net Cash From Investing Activities	-632	-242	10	38	-233	-527	-309	-476	-2,102	-524
Net Cash From Continuing Investing Activities	-632	-242	10	38	-233	-527	-309	-476	-2,102	-524
Purchase of Property, Plant & Equipment	-379	-365	-332	-400	-468	-527	-526	-492	-580	-922
Acquisitions	-336	0.00	-	-	0.00	0.00	-121	-20	-1,653	-17
Purchase of Investments	0.00	-14	-1.00	0.00	-5.00	-17	-57	-3.00	0.00	0.00
Sale of Property, Plant & Equipment	83	137	85	13	26	18	30	39	18	73
Divestitures	0.00	0.00	258	425	214	-1.00	365	0.00	113	272
Sale and/or Maturity of Investments	-	-	-	-	-	-	-	0.00	0.00	70
Net Cash From Financing Activities	-223	-543	-765	-1,236	-1,179	-891	-1,025	-857	910	-1,343
Net Cash From Continuing Financing Activities	-223	-543	-765	-1,236	-1,179	-891	-1,025	-857	910	-1,343
Repayment of Debt	-3,747	-745	-3,666	-4,225	-530	-1,243	-330	-26	-533	-2,893
Repurchase of Common Equity	-	0.00	0.00	-537	-351	-601	-432	-81	-122	-1.00
Payment of Dividends	-490	-527	-676	-757	-750	-732	-723	-722	-847	-1,196
Issuance of Debt	4,074	779	3,608	4,351	432	1,719	558	-17	2,409	2,828
Issuance of Common Equity	24	28	19	1.00	30	114	134	0.00	15	6.00
Other Financing Activities, net	-84	-78	-50	-69	-10	-148	-232	-11	-12	-87
Effect of Exchange Rate Changes	-	-	-	-45	58	-	-88	-89	41	4.00

This table details how cash moves in and out of Amcor's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
Net Change in Cash & Equivalents	-94	27	220	-156	13	1,600	-1,218	-2.00	232	530	-472
Net Cash From Operating Activities	363	150	943	-269	428	117	1,114	-133	503	186	1,595
Net Cash From Continuing Operating Activities	363	150	943	-269	428	117	1,114	-133	503	186	1,601
Net Income / (Loss) Continuing Operations	136	189	261	193	167	197	-39	262	177	278	389
Consolidated Net Income / (Loss)	136	189	261	193	167	197	-39	262	177	278	389
Depreciation Expense	146	153	147	141	126	132	323	364	373	377	365
Amortization Expense	2.00	3.00	2.00	3.00	4.00	17	145	16	17	7.00	8.00
Non-Cash Adjustments To Reconcile Net Income	33	35	10	27	28	45	84	-13	59	-115	-38
Changes in Operating Assets and Liabilities, net	46	-230	523	-633	103	-274	601	-762	-123	-361	877
Net Cash From Investing Activities	-114	-113	-107	-155	21	-115	-1,853	-226	-215	-155	72
Net Cash From Continuing Investing Activities	-114	-113	-107	-155	21	-115	-1,853	-226	-215	-155	72
Purchase of Property, Plant & Equipment	-121	-113	-134	-145	-98	-117	-220	-238	-221	-228	-235
Sale of Property, Plant & Equipment	7.00	1.00	27	1.00	6.00	2.00	9.00	28	8.00	2.00	35
Divestitures	-	-	-	-	-	-	-	-	-	-	272
Net Cash From Financing Activities	-332	-15	-651	237	-380	1,591	-538	358	-67	528	-2,162
Net Cash From Continuing Financing Activities	-332	-15	-651	237	-380	1,591	-538	358	-67	528	-2,162
Repayment of Debt	-4.00	419	-414	-2.00	-11	-1.00	-531	-43	-31	-1,507	-1,312
Repurchase of Common Equity	-	-	-	-	-	-	-122	-36	-22	-6.00	63
Payment of Dividends	-185	-181	-180	-180	-186	-184	-297	-294	-300	-301	-301
Issuance of Debt	-135	-250	-55	456	-176	1,778	351	731	286	2,351	-540
Other Financing Activities, net	-8.00	-3.00	-2.00	-50	-8.00	-3.00	-	-	-	-15	-72
Effect of Exchange Rate Changes	-11	5.00	-	31	-56	7.00	59	-1.00	11	-12	6.00

This table presents Amcor's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025	6/30/2026
Total Assets	9,058	17,165	16,442	17,188	17,426	17,003	16,524	37,066	37,095
Total Current Assets	3,620	5,210	4,535	5,266	5,853	5,308	4,965	8,434	9,326
Cash & Equivalents	621	602	743	850	775	689	588	827	1,115
Accounts Receivable	1,379	1,864	1,616	1,864	1,935	1,875	1,846	3,426	3,639
Inventories, net	1,359	1,954	1,832	1,991	2,439	2,213	2,031	3,471	3,672
Prepaid Expenses	262	374	344	561	512	531	500	710	900
Plant, Property, & Equipment, net	2,699	3,975	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	2,739	7,980	11,907	11,922	11,573	11,695	11,559	28,632	27,769
Goodwill	2,057	5,156	5,339	5,419	5,285	5,366	5,345	11,276	12,075
Intangible Assets	325	2,307	1,994	1,835	1,657	1,524	1,391	7,403	6,588
Noncurrent Deferred & Refundable Income Taxes	71	191	135	139	130	134	148	218	199
Employee Benefit Assets	53	40	44	52	89	67	34	60	57
Other Noncurrent Operating Assets	118	187	4,317	4,477	4,412	4,604	4,641	9,675	8,850
Total Liabilities & Shareholders' Equity	9,058	17,165	16,442	17,188	17,426	17,003	16,524	37,066	37,095
Total Liabilities	8,362	11,490	11,755	12,367	13,285	12,913	12,571	25,326	25,294
Total Current Liabilities	5,055	4,542	3,974	4,345	5,103	4,476	4,261	6,987	7,435
Short-Term Debt	2,158	794	206	103	150	93	96	257	150
Accounts Payable	1,861	2,303	2,171	2,574	3,073	2,690	2,580	3,490	4,021
Current Employee Benefit Liabilities	269	378	477	523	471	396	399	619	694
Other Current Liabilities	767	1,045	1,120	1,145	1,344	1,297	1,186	2,621	2,570
Total Noncurrent Liabilities	3,307	6,949	7,781	8,022	8,182	8,437	8,310	18,339	17,859
Long-Term Debt	2,690	5,309	6,028	6,186	6,340	6,653	6,603	13,841	13,862
Noncurrent Deferred & Payable Income Tax Liabilities	148	1,012	672	696	677	616	584	2,482	2,080
Noncurrent Employee Benefit Liabilities	286	387	392	307	201	224	217	352	309
Other Noncurrent Operating Liabilities	183	241	689	833	964	944	906	1,664	1,608
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	695	5,675	4,687	4,821	4,141	4,090	3,953	11,740	11,801
Total Preferred & Common Equity	627	5,609	4,626	4,764	4,082	4,026	3,881	11,728	11,790
Total Common Equity	627	5,609	4,626	4,764	4,082	4,026	3,881	11,728	11,790
Common Stock	784	6,024	5,496	5,107	4,446	4,035	4,033	12,249	12,278
Retained Earnings	561	324	246	452	534	865	879	548	459
Treasury Stock	-11	-16	-67	-29	-18	-12	-11	-6.00	-16
Accumulated Other Comprehensive Income / (Loss)	-709	-722	-1,049	-766	-880	-862	-1,020	-1,063	-931
Noncontrolling Interest	69	66	61	57	59	64	72	12	11

This table presents Amcor's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	9/30/2025	12/31/2025	3/31/2026
Total Assets	17,003	16,683	16,727	16,660	16,524	16,910	16,165	18,042	37,147	37,046	37,582
Total Current Assets	5,308	5,085	4,959	5,029	4,965	5,238	4,905	6,702	8,529	8,558	9,828
Cash & Equivalents	689	524	430	457	588	432	445	2,045	825	1,057	1,587
Accounts Receivable	1,875	1,870	1,820	1,935	1,846	1,973	1,775	1,969	3,430	3,161	3,513
Inventories, net	2,213	2,134	2,150	2,085	2,031	2,228	2,126	2,142	3,473	3,481	3,362
Prepaid Expenses	531	557	559	552	500	605	559	546	801	859	863
Other Current Nonoperating Assets	-	-	-	-	-	-	-	-	-	-	503
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	11,695	11,598	11,768	11,631	11,559	11,672	11,260	11,340	28,618	28,488	27,754
Goodwill	5,366	5,350	5,388	5,360	5,345	5,385	5,273	5,304	11,422	11,889	11,955
Intangible Assets	1,524	1,482	1,474	1,431	1,391	1,368	1,317	1,283	7,158	7,011	6,684
Noncurrent Deferred & Refundable Income Taxes	134	134	130	129	148	144	145	168	241	259	266
Other Noncurrent Operating Assets	4,604	4,632	4,776	4,711	4,675	4,775	4,525	4,585	9,797	9,329	8,849
Total Liabilities & Shareholders' Equity	17,003	16,683	16,727	16,660	16,524	16,910	16,165	18,042	37,147	37,046	37,582
Total Liabilities	12,913	12,719	12,700	12,652	12,571	12,917	12,374	14,183	25,417	25,399	25,920
Total Current Liabilities	4,476	4,005	3,970	3,913	4,261	4,068	3,897	3,940	8,185	6,578	6,812
Short-Term Debt	93	118	58	131	96	128	104	159	2,004	519	653
Accounts Payable	2,690	2,218	2,338	2,195	2,580	2,380	2,380	2,339	3,002	3,045	2,989
Current Employee Benefit Liabilities	396	325	319	338	399	333	292	315	532	477	588
Other Current Liabilities	1,297	1,344	1,255	1,249	1,186	1,227	1,121	1,127	2,647	2,537	2,405
Other Current Nonoperating Liabilities	-	-	-	-	-	-	-	-	-	-	177
Total Noncurrent Liabilities	8,437	8,714	8,730	8,739	8,310	8,849	8,477	10,243	17,232	18,821	19,108
Long-Term Debt	6,653	6,979	7,011	7,055	6,603	7,176	6,837	8,638	12,820	14,619	15,200
Noncurrent Deferred & Payable Income Tax Liabilities	616	614	609	600	584	570	553	550	2,423	2,229	2,040
Noncurrent Employee Benefit Liabilities	224	209	207	202	217	210	200	198	332	323	305
Other Noncurrent Operating Liabilities	944	912	903	882	906	893	887	857	1,657	1,650	1,563
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	4,090	3,964	4,027	4,008	3,953	3,993	3,791	3,859	11,730	11,647	11,662
Total Preferred & Common Equity	4,026	3,898	3,964	3,944	3,881	3,919	3,784	3,851	11,718	11,636	11,651
Total Common Equity	4,026	3,898	3,964	3,944	3,881	3,919	3,784	3,851	11,718	11,636	11,651
Common Stock	4,035	3,997	4,007	4,021	4,033	4,044	4,059	4,069	12,274	12,253	12,269
Retained Earnings	865	841	795	802	879	890	869	881	516	393	371
Treasury Stock	-12	-12	-11	-11	-11	-9.00	-10	-7.00	-35	-15	-9.00
Accumulated Other Comprehensive Income / (Loss)	-862	-928	-827	-868	-1,020	-1,006	-1,134	-1,092	-1,037	-995	-980
Noncontrolling Interest	64	66	63	64	72	74	7.00	8.00	12	11	11

This table displays calculated financial ratios and metrics derived from Amcor's official financial filings.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025	6/30/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	462,345,690.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	462,345,690.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	2.39
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	2.40%	1.49%	31.82%	3.15%	13.09%	1.03%	-7.17%	10.04%	56.61%
EBITDA Growth	0.00%	0.80%	-2.18%	33.17%	14.73%	-2.04%	11.88%	-13.24%	3.62%	81.09%
EBIT Growth	0.00%	2.83%	-13.57%	27.04%	31.88%	-6.16%	20.80%	-19.40%	-18.08%	89.77%
NOPAT Growth	0.00%	14.48%	-31.80%	35.70%	34.25%	-12.24%	40.82%	-21.92%	-19.72%	104.00%
Net Income Growth	0.00%	0.96%	-25.50%	40.96%	54.38%	-14.30%	29.82%	-30.06%	-30.00%	113.51%
EPS Growth	0.00%	2.92%	-26.52%	5.23%	57.59%	-12.13%	33.27%	-28.37%	0.00%	48.75%
Operating Cash Flow Growth	0.00%	-4.13%	-10.95%	78.35%	5.56%	4.45%	-17.37%	4.76%	5.22%	54.75%
Free Cash Flow Firm Growth	0.00%	0.00%	-33.53%	125.44%	-35.45%	64.75%	-40.32%	25.83%	-1,411.38%	113.74%
Invested Capital Growth	0.00%	0.00%	122.24%	-5.45%	1.58%	-5.18%	4.30%	-0.82%	148.52%	-1.25%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	2.48%	3.23%	-1.58%	-1.00%	11.49%	5.93%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	2.96%	-6.15%	4.27%	3.52%	0.05%	15.62%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	4.80%	-8.63%	4.93%	6.47%	-24.18%	41.72%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	4.98%	-14.21%	9.52%	9.92%	-24.68%	35.83%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	9.44%	-15.28%	7.30%	11.61%	-36.67%	63.13%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	9.45%	-14.68%	8.46%	12.22%	0.00%	61.90%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	23.07%	-4.57%	6.49%	-0.39%	0.84%	14.03%	28.80%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	55.19%	-25.87%	16.51%	-1,291.49%	114.10%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-3.38%	-9.49%	-5.67%	-6.27%	135.71%	-3.53%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	21.01%	19.92%	19.02%	20.34%	21.24%	19.39%	18.55%	19.88%	18.88%	19.95%
EBITDA Margin	13.97%	13.76%	13.26%	13.39%	14.90%	12.91%	14.29%	13.36%	12.58%	14.55%
Operating Margin	10.07%	10.67%	8.37%	7.97%	10.27%	8.52%	10.26%	8.90%	6.72%	8.08%
EBIT Margin	9.83%	9.87%	8.41%	8.10%	10.36%	8.59%	10.28%	8.92%	6.64%	8.05%
Profit (Net Income) Margin	6.38%	6.29%	4.62%	4.94%	7.39%	5.60%	7.20%	5.43%	3.45%	4.71%
Tax Burden Percent	81.17%	81.15%	72.35%	74.67%	79.72%	73.09%	84.57%	81.59%	79.69%	86.27%
Interest Burden Percent	80.02%	78.59%	75.97%	81.68%	89.56%	89.20%	82.85%	74.53%	65.20%	67.76%
Effective Tax Rate	20.80%	16.43%	28.48%	22.67%	21.88%	26.91%	15.43%	17.97%	20.77%	14.12%
Return on Invested Capital (ROIC)	0.00%	34.56%	7.31%	7.40%	10.14%	9.06%	12.83%	9.85%	4.56%	6.56%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	22.69%	4.48%	4.47%	8.64%	7.42%	9.10%	5.65%	1.65%	2.55%
Return on Net Nonoperating Assets (RNNOA)	0.00%	134.15%	6.41%	4.49%	9.87%	9.13%	12.87%	8.55%	2.04%	2.83%
Return on Equity (ROE)	0.00%	168.71%	13.72%	11.89%	20.00%	18.19%	25.71%	18.40%	6.60%	9.40%
Cash Return on Invested Capital (CROIC)	0.00%	-165.44%	-68.55%	13.00%	8.57%	14.37%	8.63%	10.68%	-80.67%	7.82%
Operating Return on Assets (OROA)	0.00%	10.16%	6.06%	6.01%	7.92%	7.22%	8.77%	7.26%	3.72%	5.10%
Return on Assets (ROA)	0.00%	6.48%	3.33%	3.67%	5.66%	4.71%	6.15%	4.41%	1.93%	2.98%
Return on Common Equity (ROCE)	0.00%	152.02%	13.43%	11.74%	19.76%	17.95%	25.32%	18.09%	6.57%	9.39%
Return on Equity Simple (ROE_SIMPLE)	0.00%	93.62%	7.79%	13.32%	19.96%	19.97%	26.28%	19.07%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	726	831	566	769	1,032	906	1,275	996	799	1,631
NOPAT Margin	7.97%	8.91%	5.99%	6.17%	8.02%	6.23%	8.68%	7.30%	5.33%	6.94%
Net Nonoperating Expense Percent (NNEP)	0.00%	11.87%	2.84%	2.93%	1.49%	1.64%	3.73%	4.20%	2.90%	4.01%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	3.09%	6.32%
Cost of Revenue to Revenue	78.99%	80.08%	80.98%	79.66%	78.76%	80.61%	81.46%	80.12%	81.12%	80.05%
SG&A Expenses to Revenue	9.34%	8.51%	10.56%	11.11%	10.05%	8.83%	8.48%	9.24%	8.03%	8.21%
R&D to Revenue	0.76%	0.78%	0.68%	0.78%	0.78%	0.66%	0.69%	0.78%	0.80%	0.72%
Operating Expenses to Revenue	10.94%	9.26%	10.65%	12.37%	10.97%	10.87%	8.28%	10.98%	12.16%	11.87%
Earnings before Interest and Taxes (EBIT)	895	920	795	1,010	1,332	1,250	1,510	1,217	997	1,892
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,272	1,282	1,254	1,670	1,916	1,877	2,100	1,822	1,888	3,419
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	2.99	3.33	4.16	3.46	3.64	1.13	1.70
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	0.00	1.11	1.23	1.17	0.95	1.04	0.89	0.85
Price to Earnings (P/E)	0.00	0.00	0.00	22.63	16.88	21.08	13.29	19.36	25.99	18.12
Dividend Yield	0.00%	0.00%	0.00%	5.29%	4.55%	4.23%	5.15%	5.09%	5.52%	5.97%
Earnings Yield	0.00%	0.00%	350,210.83%	4.42%	5.92%	4.74%	7.52%	5.16%	3.85%	5.52%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.51	1.91	2.08	2.34	1.98	2.02	1.06	1.33
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.58	1.55	1.66	1.56	1.36	1.49	1.77	1.40
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	4.36	11.57	11.14	12.12	9.55	11.15	14.07	9.64
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	6.88	19.13	16.03	18.19	13.28	16.70	26.65	17.42
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	9.65	25.14	20.69	25.11	15.72	20.40	33.23	20.20
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	7.05	13.96	14.61	14.90	15.90	15.38	19.11	15.32
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	14.30	24.48	15.83	23.39	18.83	0.00	16.95
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	6.97	1.08	1.33	1.30	1.57	1.65	1.69	1.20	1.19
Long-Term Debt to Equity	0.00	3.87	0.94	1.29	1.28	1.53	1.63	1.67	1.18	1.17
Financial Leverage	0.00	5.91	1.43	1.01	1.14	1.23	1.41	1.51	1.24	1.11
Leverage Ratio	0.00	13.02	4.12	3.24	3.54	3.86	4.18	4.17	3.41	3.15
Compound Leverage Factor	0.00	10.24	3.13	2.65	3.17	3.45	3.47	3.11	2.23	2.13
Debt to Total Capital	0.00%	87.46%	51.82%	57.08%	56.61%	61.05%	62.26%	62.89%	54.56%	54.28%
Short-Term Debt to Total Capital	0.00%	38.93%	6.74%	1.89%	0.93%	1.41%	0.86%	0.90%	0.99%	0.58%
Long-Term Debt to Total Capital	0.00%	48.53%	45.08%	55.20%	55.68%	59.64%	61.40%	61.99%	53.57%	53.70%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	1.24%	0.56%	0.56%	0.51%	0.56%	0.59%	0.68%	0.05%	0.04%
Common Equity to Total Capital	0.00%	11.30%	47.62%	42.36%	42.88%	38.40%	37.15%	36.43%	45.39%	45.67%
Debt to EBITDA	0.00	3.78	4.87	3.73	3.28	3.46	3.21	3.68	7.47	4.10
Net Debt to EBITDA	0.00	3.21	4.31	3.24	2.84	3.04	2.88	3.35	7.03	3.77
Long-Term Debt to EBITDA	0.00	2.10	4.23	3.61	3.23	3.38	3.17	3.62	7.33	4.05
Debt to NOPAT	0.00	5.84	10.77	8.11	6.09	7.17	5.29	6.73	17.63	8.59
Net Debt to NOPAT	0.00	4.95	9.54	7.04	5.27	6.31	4.75	6.14	16.60	7.91
Long-Term Debt to NOPAT	0.00	3.24	9.37	7.84	5.99	7.00	5.22	6.63	17.31	8.50
Altman Z-Score	0.00	0.00	0.78	1.73	1.87	1.93	1.93	1.87	0.88	1.36
Noncontrolling Interest Sharing Ratio	0.00%	9.89%	2.11%	1.22%	1.24%	1.29%	1.49%	1.69%	0.54%	0.10%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	0.72	1.15	1.14	1.21	1.15	1.19	1.17	1.21	1.25
Quick Ratio	0.00	0.40	0.54	0.59	0.62	0.53	0.57	0.57	0.61	0.64
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-3,976	-5,309	1,351	872	1,437	857	1,079	-14,148	1,944
Operating Cash Flow to CapEx	306.65%	382.19%	314.17%	357.62%	330.54%	299.80%	254.23%	291.61%	247.33%	253.36%
Free Cash Flow to Firm to Interest Expense	0.00	-18.93	-25.52	6.53	5.70	9.04	2.96	3.10	-35.73	2.88
Operating Cash Flow to Interest Expense	4.76	4.15	3.73	6.69	9.55	9.60	4.35	3.80	3.51	3.18
Operating Cash Flow Less CapEx to Interest Expense	3.21	3.06	2.54	4.82	6.66	6.40	2.64	2.49	2.09	1.93
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	1.03	0.72	0.74	0.76	0.84	0.85	0.81	0.56	0.63
Accounts Receivable Turnover	0.00	6.76	5.83	7.16	7.39	7.66	7.71	7.33	5.69	6.65
Inventory Turnover	0.00	5.49	4.62	5.25	5.30	5.29	5.15	5.15	4.43	5.27
Fixed Asset Turnover	0.00	3.45	2.83	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	0.00	4.01	3.68	4.44	4.27	4.15	4.15	4.15	4.01	5.01
Days Sales Outstanding (DSO)	0.00	54.01	62.58	50.94	49.38	47.67	47.32	49.79	64.10	54.85
Days Inventory Outstanding (DIO)	0.00	66.46	78.93	69.56	68.88	68.96	70.93	70.88	82.47	69.28
Days Payable Outstanding (DPO)	0.00	91.03	99.23	82.22	85.49	87.90	87.87	88.01	90.99	72.85
Cash Conversion Cycle (CCC)	0.00	29.45	42.29	38.29	32.77	28.73	30.38	32.65	55.59	51.28
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	4,807	10,682	10,100	10,260	9,729	10,147	10,064	25,011	24,698
Invested Capital Turnover	0.00	3.88	1.22	1.20	1.26	1.46	1.48	1.35	0.86	0.95
Increase / (Decrease) in Invested Capital	0.00	4,807	5,876	-582	160	-531	418	-83	14,947	-313
Enterprise Value (EV)	0.00	0.00	5,469	19,324	21,348	22,743	20,052	20,318	26,566	32,951
Market Capitalization	0.00	0.00	0.12	13,850	15,852	16,969	13,931	14,135	13,283	20,043
Book Value per Share	$0.00	$0.54	$431,428.35	$2.94	$3.09	$2.72	$2.74	$2.69	$8.11	$25.50
Tangible Book Value per Share	$0.00	($1.53)	($142,589.03)	($1.72)	($1.62)	($1.90)	($1.95)	($1.98)	($4.81)	($14.87)
Total Capital	0.00	5,544	11,778	10,921	11,110	10,631	10,836	10,652	25,838	25,813
Total Debt	0.00	4,848	6,103	6,234	6,289	6,490	6,746	6,699	14,098	14,012
Total Long-Term Debt	0.00	2,690	5,309	6,028	6,186	6,340	6,653	6,603	13,841	13,862
Net Debt	0.00	4,111	5,403	5,413	5,439	5,715	6,057	6,111	13,271	12,897
Capital Expenditures (CapEx)	296	228	247	387	442	509	496	453	562	849
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	102	861	24	174	125	236	212	877	926
Debt-free Net Working Capital (DFNWC)	0.00	723	1,463	767	1,024	900	925	800	1,704	2,041
Net Working Capital (NWC)	0.00	-1,435	668	561	921	750	832	704	1,447	1,891
Net Nonoperating Expense (NNE)	145	244	129	153	81	91	217	256	281	525
Net Nonoperating Obligations (NNO)	0.00	4,111	5,008	5,413	5,439	5,588	6,057	6,111	13,271	12,897
Total Depreciation and Amortization (D&A)	377	362	459	660	584	627	590	605	891	1,527
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	1.10%	9.10%	0.19%	1.35%	0.86%	1.61%	1.55%	5.84%	3.94%
Debt-free Net Working Capital to Revenue	0.00%	7.76%	15.46%	6.15%	7.96%	6.19%	6.30%	5.87%	11.35%	8.68%
Net Working Capital to Revenue	0.00%	-15.40%	7.07%	4.50%	7.16%	5.16%	5.66%	5.16%	9.64%	8.04%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.49	$0.50	$0.36	$0.38	$0.60	$0.53	$0.71	$0.51	$0.00	$2.39
Adjusted Weighted Average Basic Shares Outstanding	0.00	1.15B	1.63B	1.57B	1.54B	1.49B	1.45B	1.45B	2.31B	462.35M
Adjusted Diluted Earnings per Share	$0.48	$0.49	$0.36	$0.38	$0.60	$0.53	$0.71	$0.51	$0.00	$2.38
Adjusted Weighted Average Diluted Shares Outstanding	0.00	1.15B	1.63B	1.57B	1.54B	1.49B	1.45B	1.45B	2.31B	462.35M
Adjusted Basic & Diluted Earnings per Share	$0.49	$0.50	$0.36	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	1.15B	1.63B	1.57B	1.54B	1.49B	1.45B	1.45B	2.31B	462.35M
Normalized Net Operating Profit after Tax (NOPAT)	839	864	660	858	1,105	1,077	1,187	1,075	1,043	1,887
Normalized NOPAT Margin	9.22%	9.27%	6.98%	6.88%	8.60%	7.40%	8.08%	7.88%	6.95%	8.03%
Pre Tax Income Margin	7.87%	7.76%	6.39%	6.62%	9.28%	7.67%	8.51%	6.65%	4.33%	5.45%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.69	4.38	3.82	4.88	8.71	7.86	5.21	3.50	2.52	2.80
NOPAT to Interest Expense	3.80	3.96	2.72	3.71	6.75	5.70	4.40	2.86	2.02	2.41
EBIT Less CapEx to Interest Expense	3.13	3.29	2.63	3.01	5.82	4.66	3.50	2.20	1.10	1.54
NOPAT Less CapEx to Interest Expense	2.25	2.87	1.54	1.84	3.86	2.49	2.69	1.56	0.60	1.16
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	84.29%	89.82%	154.69%	122.89%	78.86%	89.82%	68.34%	97.57%	163.51%	108.14%
Augmented Payout Ratio	84.29%	89.82%	154.69%	210.06%	115.77%	163.56%	109.17%	101.62%	187.07%	108.23%

This table displays calculated financial ratios and metrics derived from Amcor's official financial filings.

Metric	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	462,045,690.00	462,345,690.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	462,045,690.00	462,345,690.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	0.60	0.84
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-10.74%	-6.98%	-3.76%	-2.61%	-0.31%	-2.29%	43.76%	71.34%	68.13%	77.44%	25.90%
EBITDA Growth	-43.74%	8.64%	12.84%	8.08%	8.95%	-0.86%	0.18%	85.05%	69.48%	83.73%	84.62%
EBIT Growth	-56.76%	8.80%	22.98%	15.61%	21.81%	0.97%	-80.30%	48.55%	12.16%	48.40%	714.10%
NOPAT Growth	-61.48%	7.01%	37.14%	18.28%	9.54%	2.59%	-81.29%	52.03%	47.85%	58.90%	748.60%
Net Income Growth	-70.50%	5.59%	41.85%	25.32%	22.79%	4.23%	-114.94%	35.75%	5.99%	41.12%	1,097.44%
EPS Growth	-70.03%	8.40%	50.00%	25.71%	22.83%	5.43%	0.00%	-14.39%	5.99%	-11.76%	4,300.00%
Operating Cash Flow Growth	-10.37%	-18.48%	1.18%	-99.26%	17.91%	-22.00%	18.13%	50.56%	17.52%	58.97%	43.18%
Free Cash Flow Firm Growth	-98.20%	19.49%	326.03%	8.11%	5,379.56%	41.14%	-3,744.62%	-19,771.80%	-2,623.06%	-3,874.89%	105.57%
Invested Capital Growth	1.81%	-0.19%	-0.82%	3.11%	-3.55%	-1.17%	148.52%	136.81%	150.10%	141.28%	-1.25%
Revenue Q/Q Growth	-5.58%	4.92%	3.64%	-5.15%	-3.34%	2.84%	52.48%	13.05%	-5.15%	8.53%	8.18%
EBITDA Q/Q Growth	-7.13%	18.93%	17.20%	-16.51%	-6.37%	8.22%	18.44%	54.21%	-14.25%	17.31%	19.01%
EBIT Q/Q Growth	-9.67%	27.16%	28.16%	-21.46%	-4.82%	5.41%	-75.00%	492.31%	-28.14%	39.46%	37.15%
NOPAT Q/Q Growth	-6.86%	26.22%	28.32%	-21.60%	-13.74%	18.21%	-76.59%	536.94%	-16.11%	27.04%	25.01%
Net Income Q/Q Growth	-11.69%	38.97%	38.10%	-26.05%	-13.47%	17.96%	-119.80%	771.79%	-32.44%	57.06%	39.93%
EPS Q/Q Growth	-12.38%	40.22%	39.53%	-26.67%	-14.39%	20.35%	0.00%	0.00%	-32.44%	57.89%	40.00%
Operating Cash Flow Q/Q Growth	368.89%	-58.68%	528.67%	-128.53%	259.11%	-72.66%	852.14%	-111.94%	478.20%	-63.02%	757.53%
Free Cash Flow Firm Q/Q Growth	113.79%	2,402.52%	49.28%	-117.84%	922.40%	-35.54%	-3,954.78%	2.75%	-4.42%	3.56%	105.69%
Invested Capital Q/Q Growth	1.22%	0.67%	-6.27%	7.96%	-5.32%	3.15%	135.71%	2.87%	0.00%	-0.49%	-3.53%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	19.10%	20.29%	21.33%	19.65%	19.32%	19.62%	17.61%	19.56%	19.07%	20.12%	20.90%
EBITDA Margin	12.03%	13.63%	15.42%	13.57%	13.14%	13.83%	10.74%	14.66%	13.25%	14.32%	15.75%
Operating Margin	7.44%	9.00%	11.17%	9.31%	9.16%	9.39%	1.71%	8.02%	6.07%	7.80%	10.10%
EBIT Margin	7.47%	9.06%	11.20%	9.28%	9.13%	9.36%	1.53%	8.04%	6.09%	7.83%	9.93%
Profit (Net Income) Margin	4.18%	5.54%	7.38%	5.76%	5.15%	5.91%	-0.77%	4.56%	3.25%	4.70%	6.08%
Tax Burden Percent	82.42%	82.17%	82.08%	81.78%	74.55%	83.12%	82.98%	84.79%	99.44%	89.68%	80.21%
Interest Burden Percent	67.90%	74.43%	80.30%	75.88%	75.68%	75.96%	-60.26%	66.88%	53.61%	66.95%	76.38%
Effective Tax Rate	16.97%	17.39%	17.61%	18.22%	25.89%	16.88%	0.00%	15.86%	1.69%	10.32%	20.00%
Return on Invested Capital (ROIC)	8.21%	9.53%	12.43%	9.64%	8.78%	9.84%	1.03%	6.42%	6.50%	8.57%	7.64%
ROIC Less NNEP Spread (ROIC-NNEP)	7.18%	8.55%	11.37%	8.71%	7.97%	8.91%	-0.01%	5.21%	5.06%	7.26%	6.66%
Return on Net Nonoperating Assets (RNNOA)	10.81%	13.55%	17.20%	14.72%	13.39%	15.26%	-0.01%	6.92%	6.75%	9.68%	7.41%
Return on Equity (ROE)	19.02%	23.08%	29.62%	24.35%	22.16%	25.11%	1.02%	13.34%	13.25%	18.24%	15.05%
Cash Return on Invested Capital (CROIC)	6.62%	8.62%	10.68%	6.61%	13.69%	11.12%	-80.67%	-76.14%	-79.97%	-76.16%	7.82%
Operating Return on Assets (OROA)	6.13%	7.36%	9.12%	7.48%	7.52%	7.26%	0.86%	5.18%	4.49%	6.25%	6.29%
Return on Assets (ROA)	3.43%	4.50%	6.01%	4.64%	4.24%	4.59%	-0.43%	2.94%	2.39%	3.75%	3.85%
Return on Common Equity (ROCE)	18.75%	22.74%	29.12%	23.93%	21.97%	24.88%	1.01%	13.27%	13.23%	18.22%	15.03%
Return on Equity Simple (ROE_SIMPLE)	16.47%	16.81%	0.00%	19.88%	21.41%	21.24%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	201	254	325	255	220	260	61	388	325	413	517
NOPAT Margin	6.18%	7.44%	9.21%	7.61%	6.79%	7.81%	1.20%	6.75%	5.97%	6.99%	8.08%
Net Nonoperating Expense Percent (NNEP)	1.02%	0.98%	1.06%	0.92%	0.81%	0.94%	1.03%	1.21%	1.44%	1.31%	0.98%
Return On Investment Capital (ROIC_SIMPLE)	1.81%	-	-	-	2.05%	2.06%	0.24%	1.46%	1.21%	1.50%	2.00%
Cost of Revenue to Revenue	80.90%	79.71%	78.67%	80.35%	80.69%	80.38%	82.39%	80.44%	80.93%	79.88%	79.10%
SG&A Expenses to Revenue	9.20%	9.67%	9.31%	9.39%	9.10%	9.09%	5.75%	7.57%	8.07%	8.25%	8.88%
R&D to Revenue	0.86%	0.73%	0.74%	0.84%	0.83%	0.81%	0.75%	0.80%	0.70%	0.74%	0.66%
Operating Expenses to Revenue	11.66%	11.29%	10.16%	10.35%	10.15%	10.23%	15.90%	11.54%	12.99%	12.33%	10.80%
Earnings before Interest and Taxes (EBIT)	243	309	396	311	296	312	78	462	332	463	635
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	391	465	545	455	426	461	546	842	722	847	1,008
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.34	3.49	3.64	4.18	3.59	3.64	1.13	1.61	1.65	1.58	1.70
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.94	1.00	1.04	1.21	1.00	1.04	0.89	1.08	0.98	0.83	0.85
Price to Earnings (P/E)	20.61	21.05	19.36	21.29	17.04	17.37	25.99	32.40	32.30	27.09	18.12
Dividend Yield	5.37%	5.21%	5.09%	4.41%	5.34%	5.21%	5.52%	6.23%	1.23%	6.48%	5.97%
Earnings Yield	4.85%	4.75%	5.16%	4.70%	5.87%	5.76%	3.85%	3.09%	3.10%	3.69%	5.52%
Enterprise Value to Invested Capital (EV/IC)	1.87	1.91	2.02	2.15	1.95	1.96	1.06	1.28	1.30	1.28	1.33
Enterprise Value to Revenue (EV/Rev)	1.42	1.49	1.49	1.72	1.48	1.54	1.77	1.89	1.70	1.47	1.40
Enterprise Value to EBITDA (EV/EBITDA)	11.58	11.67	11.15	12.57	10.63	11.01	14.07	14.45	12.97	11.04	9.64
Enterprise Value to EBIT (EV/EBIT)	17.85	17.97	16.70	18.52	15.32	15.80	26.65	28.63	28.16	24.45	17.42
Enterprise Value to NOPAT (EV/NOPAT)	22.44	22.67	20.40	22.53	19.06	19.58	33.23	35.26	32.04	27.19	20.20
Enterprise Value to Operating Cash Flow (EV/OCF)	14.85	15.68	15.38	19.65	16.06	17.05	19.11	21.54	20.83	19.55	15.32
Enterprise Value to Free Cash Flow (EV/FCFF)	28.53	22.18	18.83	32.99	14.02	17.50	0.00	0.00	0.00	0.00	16.95
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.76	1.79	1.69	1.83	1.83	2.28	1.20	1.26	1.30	1.36	1.19
Long-Term Debt to Equity	1.74	1.76	1.67	1.80	1.80	2.24	1.18	1.09	1.26	1.30	1.17
Financial Leverage	1.51	1.58	1.51	1.69	1.68	1.71	1.24	1.33	1.33	1.33	1.11
Leverage Ratio	4.05	4.08	4.17	4.22	4.21	4.41	3.41	3.44	3.45	3.58	3.15
Compound Leverage Factor	2.75	3.04	3.35	3.20	3.18	3.35	-2.06	2.30	1.85	2.40	2.41
Debt to Total Capital	63.71%	64.20%	62.89%	64.65%	64.68%	69.51%	54.56%	55.83%	56.52%	57.62%	54.28%
Short-Term Debt to Total Capital	0.52%	1.17%	0.90%	1.13%	0.97%	1.26%	0.99%	7.55%	1.94%	2.37%	0.58%
Long-Term Debt to Total Capital	63.18%	63.02%	61.99%	63.52%	63.71%	68.25%	53.57%	48.28%	54.58%	55.24%	53.70%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.57%	0.57%	0.68%	0.66%	0.07%	0.06%	0.05%	0.05%	0.04%	0.04%	0.04%
Common Equity to Total Capital	35.72%	35.23%	36.43%	34.69%	35.26%	30.43%	45.39%	44.13%	43.44%	42.34%	45.67%
Debt to EBITDA	4.10	4.08	3.68	3.94	3.67	4.66	7.47	6.52	5.89	5.36	4.10
Net Debt to EBITDA	3.85	3.82	3.35	3.70	3.44	3.58	7.03	6.15	5.48	4.82	3.77
Long-Term Debt to EBITDA	4.07	4.01	3.62	3.87	3.62	4.58	7.33	5.64	5.69	5.14	4.05
Debt to NOPAT	7.95	7.93	6.73	7.06	6.58	8.29	17.63	15.90	14.55	13.20	8.59
Net Debt to NOPAT	7.46	7.43	6.14	6.64	6.16	6.36	16.60	15.02	13.53	11.88	7.91
Long-Term Debt to NOPAT	7.88	7.79	6.63	6.93	6.48	8.14	17.31	13.75	14.05	12.66	8.50
Altman Z-Score	1.65	1.69	1.70	1.78	1.71	1.65	0.79	0.99	1.09	1.17	1.24
Noncontrolling Interest Sharing Ratio	1.43%	1.49%	1.69%	1.76%	0.90%	0.92%	0.54%	0.55%	0.12%	0.12%	0.10%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.25	1.29	1.17	1.29	1.26	1.70	1.21	1.04	1.30	1.44	1.25
Quick Ratio	0.57	0.61	0.57	0.59	0.57	1.02	0.61	0.52	0.64	0.75	0.64
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	11	274	408	-73	599	386	-14,886	-14,476	-15,116	-14,578	830
Operating Cash Flow to CapEx	318.42%	133.93%	881.31%	-186.81%	465.22%	101.74%	527.96%	-63.33%	236.15%	82.30%	797.50%
Free Cash Flow to Firm to Interest Expense	0.12	3.07	4.81	-0.85	7.40	4.54	-103.38	-86.17	-89.44	-85.75	4.91
Operating Cash Flow to Interest Expense	4.08	1.69	11.09	-3.13	5.28	1.38	7.74	-0.79	2.98	1.09	9.44
Operating Cash Flow Less CapEx to Interest Expense	2.80	0.43	9.84	-4.80	4.15	0.02	6.27	-2.04	1.72	-0.24	8.25
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.82	0.81	0.81	0.81	0.82	0.78	0.56	0.64	0.74	0.80	0.63
Accounts Receivable Turnover	7.40	6.94	7.33	7.05	7.53	6.90	5.69	6.44	7.95	8.10	6.65
Inventory Turnover	4.88	4.93	5.15	4.96	5.06	5.10	4.43	4.95	5.67	6.52	5.27
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	4.44	4.70	4.15	4.71	4.58	4.75	4.01	5.24	5.86	6.74	5.01
Days Sales Outstanding (DSO)	49.31	52.57	49.79	51.76	48.46	52.93	64.10	56.67	45.94	45.09	54.85
Days Inventory Outstanding (DIO)	74.76	74.08	70.88	73.55	72.20	71.63	82.47	73.78	64.37	55.98	69.28
Days Payable Outstanding (DPO)	82.21	77.67	88.01	77.53	79.66	76.84	90.99	69.65	62.28	54.19	72.85
Cash Conversion Cycle (CCC)	41.87	48.99	32.65	47.78	40.99	47.72	55.59	60.79	48.03	46.88	51.28
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	10,666	10,737	10,064	10,865	10,287	10,611	25,011	25,729	25,728	25,602	24,698
Invested Capital Turnover	1.33	1.28	1.35	1.27	1.29	1.26	0.86	0.95	1.09	1.23	0.95
Increase / (Decrease) in Invested Capital	190	-20	-83	328	-379	-126	14,947	14,864	15,441	14,991	-313
Enterprise Value (EV)	19,957	20,538	20,318	23,322	20,104	20,780	26,566	32,869	33,344	32,643	32,951
Market Capitalization	13,255	13,745	14,135	16,376	13,601	14,020	13,283	18,858	19,252	18,366	20,043
Book Value per Share	$2.74	$2.73	$2.69	$2.71	$2.62	$2.66	$8.11	$5.08	$5.04	$25.22	$25.50
Tangible Book Value per Share	($2.01)	($1.97)	($1.98)	($1.96)	($1.94)	($1.89)	($4.81)	($2.98)	($3.15)	($15.12)	($14.87)
Total Capital	11,096	11,194	10,652	11,297	10,732	12,656	25,838	26,554	26,785	27,515	25,813
Total Debt	7,069	7,186	6,699	7,304	6,941	8,797	14,098	14,824	15,138	15,853	14,012
Total Long-Term Debt	7,011	7,055	6,603	7,176	6,837	8,638	13,841	12,820	14,619	15,200	13,862
Net Debt	6,639	6,729	6,111	6,872	6,496	6,752	13,271	13,999	14,081	14,266	12,897
Capital Expenditures (CapEx)	114	112	107	144	92	115	211	210	213	226	200
Debt-free, Cash-free Net Working Capital (DFCFNWC)	617	790	212	866	667	876	877	1,523	1,442	2,082	926
Debt-free Net Working Capital (DFNWC)	1,047	1,247	800	1,298	1,112	2,921	1,704	2,348	2,499	3,669	2,041
Net Working Capital (NWC)	989	1,116	704	1,170	1,008	2,762	1,447	344	1,980	3,016	1,891
Net Nonoperating Expense (NNE)	65	65	64	62	53	63	100	126	148	135	128
Net Nonoperating Obligations (NNO)	6,639	6,729	6,111	6,872	6,496	6,752	13,271	13,999	14,081	13,940	12,897
Total Depreciation and Amortization (D&A)	148	156	149	144	130	149	468	380	390	384	373
Debt-free, Cash-free Net Working Capital to Revenue	4.40%	5.73%	1.55%	6.39%	4.93%	6.51%	5.84%	8.75%	7.35%	9.38%	3.94%
Debt-free Net Working Capital to Revenue	7.46%	9.05%	5.87%	9.58%	8.21%	21.70%	11.35%	13.49%	12.74%	16.53%	8.68%
Net Working Capital to Revenue	7.05%	8.10%	5.16%	8.63%	7.44%	20.52%	9.64%	1.98%	10.10%	13.59%	8.04%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.09	$0.13	$0.18	$0.13	$0.11	$0.14	$0.00	$0.11	$0.38	$0.60	$0.84
Adjusted Weighted Average Basic Shares Outstanding	1.45B	1.45B	1.45B	1.45B	1.45B	1.45B	2.31B	2.31B	462.05M	462.35M	462.35M
Adjusted Diluted Earnings per Share	$0.09	$0.13	$0.18	$0.13	$0.11	$0.14	$0.00	$0.11	$0.38	$0.60	$0.84
Adjusted Weighted Average Diluted Shares Outstanding	1.45B	1.45B	1.45B	1.45B	1.45B	1.45B	2.31B	2.31B	462.05M	462.35M	462.35M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.84
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.45B	1.45B	1.45B	1.45B	1.45B	1.45B	2.31B	2.31B	462.05M	462.35M	462.35M
Normalized Net Operating Profit after Tax (NOPAT)	221	278	338	260	245	287	226	451	441	475	546
Normalized NOPAT Margin	6.79%	8.16%	9.56%	7.76%	7.55%	8.60%	4.45%	7.85%	8.10%	8.04%	8.53%
Pre Tax Income Margin	5.08%	6.74%	9.00%	7.04%	6.91%	7.11%	-0.92%	5.38%	3.27%	5.24%	7.58%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.73	3.47	4.66	3.62	3.65	3.67	0.54	2.75	1.96	2.72	3.76
NOPAT to Interest Expense	2.26	2.85	3.83	2.97	2.72	3.06	0.42	2.31	1.93	2.43	3.06
EBIT Less CapEx to Interest Expense	1.45	2.21	3.40	1.94	2.52	2.32	-0.92	1.50	0.70	1.39	2.57
NOPAT Less CapEx to Interest Expense	0.98	1.59	2.57	1.29	1.58	1.71	-1.04	1.06	0.67	1.10	1.87
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	110.11%	108.60%	97.57%	93.20%	89.75%	89.24%	163.51%	163.71%	180.07%	175.81%	108.14%
Augmented Payout Ratio	174.73%	148.11%	101.62%	93.20%	89.75%	89.24%	187.07%	163.71%	201.51%	195.43%	108.23%

Financials Breakdown Chart

Key Financial Trends

Amcor’s latest results show a significant improvement in profitability and cash generation. In Q4 2026, revenue increased to $6.40 billion from $5.08 billion in Q4 2025, while gross profit rose to $1.34 billion from $895 million. The gross margin improved to approximately 20.9%, compared with 17.6% a year earlier. Operating income increased to $646 million, producing a 10.1% operating margin, up sharply from 1.7% in Q4 2025.

Net income reached $389 million, or $0.84 per diluted share, compared with a $39 million loss in Q4 2025. The latest quarter also benefited from lower restructuring charges and a $102 million net benefit from other operating expenses. Investors should note that the reported share count changed substantially between periods, so earnings-per-share comparisons across the older data may be affected by corporate actions or restatements.

Cash flow was especially strong in Q4 2026. Operating cash flow was $1.60 billion, more than eight times the $186 million generated in Q3. After $235 million of capital expenditures, estimated free cash flow was approximately $1.36 billion. The quarter’s operating cash flow was helped by an $877 million favorable change in operating assets and liabilities, so investors should monitor whether this working-capital benefit is sustainable.

Amcor used much of its Q4 cash to reduce debt, including $1.31 billion of debt repayments, while paying $301 million in dividends. However, total financing activity was a $2.16 billion cash outflow because the company also reported $540 million of debt issuance and other financing uses. Cash nevertheless declined by $472 million during the quarter, although the Q3 2026 balance sheet showed cash and equivalents of $1.59 billion, up from $825 million at the end of Q1.

Over the longer period covered by the data, Amcor’s results reflect considerable changes in business scale and reporting structure. Revenue was generally in the $3.2 billion-to-$3.9 billion range in quarterly periods from 2022 through 2025, before rising above $5 billion in fiscal 2026. Total assets also increased from approximately $16.5 billion at the end of fiscal 2024 to $37.6 billion by Q3 2026. Because several historical statements are marked as restated and the share count changed sharply, investors should use caution when interpreting long-term growth rates.

Profitability recovered strongly: Q4 2026 operating income increased to $646 million from $87 million in Q4 2025, while net income moved from a loss to $389 million.
Margins improved: Gross margin rose to approximately 20.9% and operating margin reached 10.1% in Q4 2026.
Operating cash flow was robust: Amcor generated $1.60 billion of operating cash flow in Q4 2026 and approximately $1.36 billion after capital expenditures.
Debt repayment accelerated: The company reported $1.31 billion of debt repayments in Q4 2026, which could reduce future interest costs if sustained.
Liquidity improved during fiscal 2026: Cash and equivalents increased from $825 million in Q1 2026 to $1.59 billion at Q3 2026 before the latest quarter-end cash movement.
Shareholder returns remain a priority: Amcor paid approximately $301 million of dividends in Q4 2026, and the reported dividend per share was $0.65.
Working capital was volatile: Changes in operating assets and liabilities contributed $877 million of cash in Q4 2026 after reducing operating cash flow by $361 million in Q3.
Reported scale changed significantly: Revenue, assets and the share count increased or shifted materially during the period, making direct comparisons with 2022–2025 results difficult.
Leverage remains high: At Q3 2026, short- and long-term debt totaled approximately $15.85 billion, compared with $11.66 billion of total equity.
Interest expense remains substantial: Q4 2026 interest expense was $169 million, limiting the amount of operating income that converts into pretax earnings.

Overall, the latest statements point to a much stronger quarter for Amcor, supported by higher revenue, improved margins and exceptional operating cash flow. The principal risks are the company’s large debt burden, volatile working capital and the difficulty of comparing historical periods because of restatements and major changes in reported scale.

08/23/26 10:14 AM ETAI Generated. May Contain Errors.

Amcor Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Amcor's financial year ends in June. Their financial year 2026 ended on June 30, 2026.

Amcor's net income appears to be on an upward trend, with a most recent value of $1.11 billion in 2026, rising from $581 million in 2017. The previous period was $518 million in 2025. See Amcor's forecast for analyst expectations on what's next for the company.

Amcor's total operating income in 2026 was $1.90 billion, based on the following breakdown:

Total Gross Profit: $4.69 billion
Total Operating Expenses: $2.79 billion

Over the last 9 years, Amcor's total revenue changed from $9.10 billion in 2017 to $23.51 billion in 2026, a change of 158.3%.

Amcor's total liabilities were at $25.29 billion at the end of 2026, a 0.1% decrease from 2025, and a 202.5% increase since 2018.

In the past 8 years, Amcor's cash and equivalents has ranged from $588 million in 2024 to $1.12 billion in 2026, and is currently $1.12 billion as of their latest financial filing in 2026.

Over the last 9 years, Amcor's book value per share changed from 0.00 in 2017 to 25.50 in 2026, a change of 2,550.0%.

Related Companies

Financial statements for NYSE:AMCR last updated on 8/14/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Amcor (AMCR) Financials

Financials Breakdown Chart

Key Financial Trends

Amcor Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Amcor (AMCR) Financials

Annual Income Statements for Amcor

Quarterly Income Statements for Amcor

Annual Cash Flow Statements for Amcor

Quarterly Cash Flow Statements for Amcor

Annual Balance Sheets for Amcor

Quarterly Balance Sheets for Amcor

Annual Metrics And Ratios for Amcor

Quarterly Metrics And Ratios for Amcor

Financials Breakdown Chart

Key Financial Trends

Amcor Financials - Frequently Asked Questions

When does Amcor's fiscal year end?

How has Amcor's net income changed over the last 9 years?

What is Amcor's operating income?

How has Amcor's revenue changed over the last 9 years?

How much debt does Amcor have?

How much cash does Amcor have?

How has Amcor's book value per share changed over the last 9 years?

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools