NYSE: AMCR
Amcor
Materials · Miscellaneous Manufacturing Industries
52-week range
Stock price
Market cap
At each fiscal year end: closing price × shares outstanding.Figures shown are for FY2026, ended Jun 30, 2026. Hover or tap a column for another year.$20.0B
Show tableHide table
| Period | Market cap |
|---|---|
| FY2017, ended Jun 30, 2017 | $14.5B |
| FY2018, ended Jun 30, 2018 | $12.2B |
| FY2019, ended Jun 30, 2019 | $18.7B |
| FY2020, ended Jun 30, 2020 | $16.0B |
| FY2021, ended Jun 30, 2021 | $17.6B |
| FY2022, ended Jun 30, 2022 | $18.5B |
| FY2023, ended Jun 30, 2023 | $14.5B |
| FY2024, ended Jun 30, 2024 | $14.1B |
| FY2025, ended Jun 30, 2025 | $21.2B |
| FY2026, ended Jun 30, 2026 | $20.0B |
Revenue
By fiscal year.Figures shown are for FY2026, ended Jun 30, 2026. Hover or tap a column for another year.$23.5B
Show tableHide table
| Period | Revenue |
|---|---|
| FY2017, ended Jun 30, 2017 | $9.10B |
| FY2018, ended Jun 30, 2018 | $9.32B |
| FY2019, ended Jun 30, 2019 | $9.46B |
| FY2020, ended Jun 30, 2020 | $12.5B |
| FY2021, ended Jun 30, 2021 | $12.9B |
| FY2022, ended Jun 30, 2022 | $14.5B |
| FY2023, ended Jun 30, 2023 | $14.7B |
| FY2024, ended Jun 30, 2024 | $13.6B |
| FY2025, ended Jun 30, 2025 | $15.0B |
| FY2026, ended Jun 30, 2026 | $23.5B |
Net income and free cash flow
By fiscal year. Free cash flow is operating cash flow minus capex.Figures shown are for FY2026, ended Jun 30, 2026. Hover or tap a column for another year.Show tableHide table
| Period | Net income | Free cash flow |
|---|---|---|
| FY2017, ended Jun 30, 2017 | $564M | $530M |
| FY2018, ended Jun 30, 2018 | $575M | $506M |
| FY2019, ended Jun 30, 2019 | $430M | $444M |
| FY2020, ended Jun 30, 2020 | $612M | $984M |
| FY2021, ended Jun 30, 2021 | $939M | $993M |
| FY2022, ended Jun 30, 2022 | $805M | $999M |
| FY2023, ended Jun 30, 2023 | $1.05B | $735M |
| FY2024, ended Jun 30, 2024 | $730M | $829M |
| FY2025, ended Jun 30, 2025 | $511M | $810M |
| FY2026, ended Jun 30, 2026 | $1.11B | $1.23B |
Cash and cash equivalents
At each fiscal year end.Figures shown are for FY2026, ended Jun 30, 2026. Hover or tap a column for another year.$1.11B
Show tableHide table
| Period | Cash and cash equivalents |
|---|---|
| FY2017, ended Jun 30, 2017 | $562M |
| FY2018, ended Jun 30, 2018 | $621M |
| FY2019, ended Jun 30, 2019 | $602M |
| FY2020, ended Jun 30, 2020 | $743M |
| FY2021, ended Jun 30, 2021 | $850M |
| FY2022, ended Jun 30, 2022 | $775M |
| FY2023, ended Jun 30, 2023 | $689M |
| FY2024, ended Jun 30, 2024 | $588M |
| FY2025, ended Jun 30, 2025 | $827M |
| FY2026, ended Jun 30, 2026 | $1.11B |
Total debt
At each fiscal year end. Short- and long-term borrowings, excluding leases.Figures shown are for FY2026, ended Jun 30, 2026. Hover or tap a column for another year.$14.0B
Show tableHide table
| Period | Total debt |
|---|---|
| FY2017, ended Jun 30, 2017 | — |
| FY2018, ended Jun 30, 2018 | $4.85B |
| FY2019, ended Jun 30, 2019 | $6.10B |
| FY2020, ended Jun 30, 2020 | $6.23B |
| FY2021, ended Jun 30, 2021 | $6.29B |
| FY2022, ended Jun 30, 2022 | $6.49B |
| FY2023, ended Jun 30, 2023 | $6.75B |
| FY2024, ended Jun 30, 2024 | $6.70B |
| FY2025, ended Jun 30, 2025 | $14.1B |
| FY2026, ended Jun 30, 2026 | $14.0B |
Shares outstanding
At each fiscal year end, adjusted for splits. Up 98.6% since 2017.Figures shown are for FY2026, ended Jun 30, 2026. Hover or tap a column for another year.462M
Show tableHide table
| Period | Shares outstanding |
|---|---|
| FY2017, ended Jun 30, 2017 | 233M |
| FY2018, ended Jun 30, 2018 | 232M |
| FY2019, ended Jun 30, 2019 | 325M |
| FY2020, ended Jun 30, 2020 | 314M |
| FY2021, ended Jun 30, 2021 | 308M |
| FY2022, ended Jun 30, 2022 | 298M |
| FY2023, ended Jun 30, 2023 | 290M |
| FY2024, ended Jun 30, 2024 | 289M |
| FY2025, ended Jun 30, 2025 | 461M |
| FY2026, ended Jun 30, 2026 | 462M |
Buybacks and new shares
By fiscal year, in dollars. Below zero: bought back. Above zero: issued to employees, sold or used in acquisitions.Figures shown are for FY2026, ended Jun 30, 2026. Hover or tap a column for another year.Net: $88.0M more issued than bought back
Show tableHide table
| Period | Bought back | Paid to employees | Sold for cash | Used in acquisitions |
|---|---|---|---|---|
| FY2017, ended Jun 30, 2017 | — | $26.5M | $23.8M | — |
| FY2018, ended Jun 30, 2018 | $0 | $21.0M | $28.1M | — |
| FY2019, ended Jun 30, 2019 | $0 | $19.0M | $19.0M | $5.23B |
| FY2020, ended Jun 30, 2020 | $537M | $34.0M | $1.00M | — |
| FY2021, ended Jun 30, 2021 | $351M | $58.0M | $30.0M | — |
| FY2022, ended Jun 30, 2022 | $601M | $63.0M | $114M | — |
| FY2023, ended Jun 30, 2023 | $432M | $54.0M | $134M | — |
| FY2024, ended Jun 30, 2024 | $30.0M | $32.0M | $0 | — |
| FY2025, ended Jun 30, 2025 | $0 | $74.0M | $15.0M | $8.21B |
| FY2026, ended Jun 30, 2026 | $1.00M | $83.0M | $6.00M | — |
Revenue (TTM)
$23.5B
+56.6% YoY
Net income (TTM)
$1.11B
+116% YoY
Cash
$1.11B
+34.8% YoY
Total debt
$14.0B
−0.6% YoY
Valuation
At current price- Market Cap
- $21.9B
- P/E
- 19.8×
- Forward P/E
- —. Needs analyst estimates; not available from the current data provider
- Price / Sales
- 0.9×
- Price / Book
- 1.9×
- EV / EBITDA
- 10.3×
Growth
Trailing 12 months- Revenue (TTM)
- $23.5B
- Revenue Growth YoY
- 56.6%
- Revenue CAGR 3Y
- 17.0%
- Revenue CAGR 5Y
- 12.8%
- EPS Growth YoY
- 48.7%
- Net Income Growth YoY
- 116%
Profitability
Trailing 12 months- Gross Margin
- 20.0%
- Operating Margin
- 8.1%
- Net Margin
- 4.7%
- FCF Margin
- 5.2%
- Return on Equity
- 9.4%
Earnings
Trailing 12 months- Net Income
- $1.11B
- EPS (diluted)
- $2.38
- EBITDA
- $3.38B
- Operating Income
- $1.90B
Balance Sheet
As of Jun 30, 2026- Cash and cash equivalents
- $1.11B
- Total Debt
- $14.0B
- Net Debt
- $12.9B
- Total Assets
- $37.1B
- Total Liabilities
- $25.3B
- Shareholders' Equity
- $11.8B
Cash Flow
Trailing 12 months- Operating Cash Flow
- $2.15B
- Capital Expenditure
- $922M
- Free Cash Flow
- $1.23B
Dividends and risk
Last 12 months- Dividend Yield
- 5.5%
- Dividend / Share
- $2.60
- Beta (5Y)
- 0.58
Every ratio is calculated from the company’s reported figures.
Strength
Revenue grew 56.6% over the last year, to $23.5B.
Note
Net margin of 4.7% over the last 12 months.
Watch
Net debt is 3.8× EBITDA ($12.9B), a heavy load.
Note
Free cash flow of $1.23B, 5.2% of revenue.
Written by fixed rules from the reported figures, not by a person or an AI.
Latest report
Pro10-K for the fiscal year ended Jun 30, 2026 · filed Aug 14, 2026
The score and findings for the newest report are part of CoreStock Pro, coming soon. Every earlier report is free.
Score of each annual report
0 to 100 · 60 means nothing notable · tap a column for its details
2025 · 10-K53Some concerns
10-K for the fiscal year ended Jun 30, 2025
Filed Aug 15, 2025 · Read the filing on EDGAR
- Amcor completed its $10.4 billion all-share merger with Berry Global on April 30, 2025, also taking on about $5.2 billion of Berry debt.
- Sales rose 10% to $15.0 billion, helped by two months of Berry, but operating income fell 17% to $1,009 million.
- Net income fell 30% to $511 million, mainly because of merger costs, added amortization and higher interest expense.
- Total debt more than doubled to $14.1 billion, while demand stayed soft and US tariff changes added uncertainty.
Business momentum
Mixed
“Net income attributable to Amcor plc decreased by $219 million, or 30%, in fiscal year 2025, compared to fiscal year 2024.”
Outlook
Cautious
“There is no assurance that we will meet our performance expectations or that ongoing geopolitical tensions, including disruptions related to tariffs and other factors, will not negatively impact our financial results.”
Financial stress
Low
“We believe that our cash flows provided by operating activities, together with borrowings available under our credit facilities and access to the commercial paper market, backstopped by our bank debt facilities, will continue to provide sufficient liquidity”
Tone against the previous report
About the same
Red flags
None found in this report.
Positives
Sales volumes returned to slight growth
“we have benefited from overall sales volume growth of approximately 1% during fiscal year 2025 compared to the prior fiscal year”
Merger savings target of about $530 million by fiscal 2028
“the Company continues to target realizing approximately $530 million of pre-tax synergies driven by procurement, supply chain, and general and administrative savings”
Cash from operations rose to $1,390 million
“Net cash provided by operating activities increased by $69 million in fiscal year 2025, compared to fiscal year 2024.”
Concerns
Net debt more than doubled after the merger
“Our net debt at each of June 30, 2025 and June 30, 2024 was $13.3 billion and $6.1 billion, respectively.”
Merger-related costs cut into profit
“Restructuring, transaction and integration expenses, net increased by $210 million, or 216%, in fiscal year 2025, compared to fiscal year 2024.”
Consumer demand remains soft, with North America slowing
“Market dynamics remain challenging with softer consumer demand and customer order volatility in certain markets, and higher costs in certain areas, including labor costs, during fiscal year 2025.”
New risks since the previous report
Berry integration may fall short or run late
“there can be no assurances that we will be able to successfully integrate Berry's business into the combined company within the anticipated time frame, or at all”
Merger savings and benefits may not arrive as expected
“the combined company may not fully realize the anticipated benefits of the Merger, including the anticipated cost savings, synergies and other efficiencies, that are currently expected”
Large goodwill balance could lead to a major write-down
“As of June 30, 2025, and after the Merger, we had $18.7 billion of goodwill and other intangible assets.”
Berry not yet covered by internal control assessment
“We have elected to exclude from management's annual report on internal control over financial reporting for fiscal year 2025 an assessment of the control environment of Berry”
New US tariffs may raise costs and reduce demand
“Tariffs could also adversely impact market demand for our products, including any fluctuation in exchange rates as a result of such activity.”
Biggest risks named
- Berry merger integration and delivering expected savings
- High debt, interest costs and possible credit downgrade
- Weak consumer demand and US tariff uncertainty
- Raw material price swings and supply disruption
- Plastic, PFAS and climate regulation
Artificial intelligence in this business: Mentioned
How the score adds up
| Starting point | 60 | |
| Business momentum | −3 | |
| Outlook | −2 | |
| Tone against the previous report | 0 | |
| Financial stress | 0 | |
| Red flags | 0 | |
| New risks | −2 | |
| Score | 53 | |
Written by AI (Claude Opus 5.5) from the report’s text. 14 of 14 quotes were found word for word in the filing; the rest are left out. Not investment advice.
All scored reports
| Period | Report | Filed | Score | Momentum | Red flags |
|---|---|---|---|---|---|
| 10-K | Aug 14, 2026 | Pro | |||
| 10-K | Aug 15, 2025 | 53 | Mixed | None | |
| 10-K | Aug 16, 2024 | 50 | Weakening | 2 minor | |
| 10-K | Aug 17, 2023 | 54 | Mixed | None | |
| 10-K | Aug 18, 2022 | 47 | Mixed | 1 medium1 minor | |
| 10-K | Aug 24, 2021 | 70 | Strong improvement | None | |
| 10-K | Aug 27, 2020 | 49 | Improving | 1 serious | |
| 10-K | Sep 3, 2019 | 42 | Mixed | 1 serious |
How these scores work
An AI model reads the management discussion, risk factors and legal sections of each report and records what they say, quoting the filing word for word. Fixed rules then turn those findings into a score from 0 to 100, where 60 means nothing notable either way. A score describes the report, not whether the stock is a good investment, and the AI may know how things turned out later, which can colour older scores. Read the methodology
From the 10-K for FY2026 (period ended Jun 30, 2026), filed Aug 14, 2026. View filings on SEC EDGAR