12 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 12.8% per year over the past 5 years.
Net income has grown slower than revenue (3.3% vs 12.8% per year).
Operating margin has contracted, at 8.1% in the latest year.
Free cash flow has grown 4.4% per year over the past 5 years.
Financial health
Total debt has grown faster than revenue (25.9% vs 12.8% per year).
Operating income covered interest expense 2.8× in the latest year, down from 8.6× 5 years ago.
Shareholder returns
Dividends have been paid for 12 consecutive years, consuming 108.0% of earnings and 97.2% of free cash flow.
The dividend has grown 10.0% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2026
$23.5B
$1.1B
20.0%
8.1%
9.4%
3.0%
$1.2B
—
$1.1B
2025
$15.0B
$511M
18.9%
6.7%
4.4%
1.4%
$810M
—
$827M
2024
$10.1B
$516M
20.0%
8.8%
14.3%
3.1%
—
—
$865M
2024
$13.6B
$730M
19.9%
8.9%
18.8%
4.4%
$829M
—
$588M
2023
$10.4B
$609M
19.6%
9.5%
18.9%
3.7%
—
—
$989M
2023
$14.7B
$1.0B
18.5%
10.3%
26.0%
6.2%
$735M
—
$689M
2022
$14.5B
$805M
19.4%
8.5%
19.7%
4.6%
$999M
—
$775M
2021
$12.9B
$939M
21.2%
10.3%
19.7%
5.5%
$993M
—
$850M
2020
$12.5B
$612M
20.3%
8.0%
13.2%
3.7%
$984M
—
$743M
2019
$9.5B
$430M
19.0%
8.4%
7.7%
2.5%
$444M
$6.1B
$602M
2018
$9.3B
$575M
19.9%
10.7%
91.8%
6.4%
$506M
$4.8B
$621M
2017
—
$564M
—
—
—
—
—
—
$562M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$6.4B
$389M
20.9%
10.1%
3.3%
1.0%
$1.4B
—
$1.1B
Mar '26
$5.9B
$278M
20.1%
7.8%
2.4%
0.7%
-$42M
—
$1.6B
Dec '25
$5.4B
$177M
19.1%
6.1%
1.5%
0.5%
$282M
—
$1.1B
Sep '25
$5.7B
$262M
19.6%
8.0%
2.2%
0.7%
-$371M
—
$825M
Jun '25
$5.1B
-$39M
17.6%
1.7%
-0.3%
-0.1%
$894M
—
$827M
Mar '25
$3.3B
$196M
19.6%
9.4%
5.1%
1.1%
$0
—
$2.0B
Dec '24
$3.2B
$163M
19.3%
9.2%
4.3%
1.0%
$330M
—
$445M
Sep '24
$3.4B
$191M
19.7%
9.3%
4.9%
1.1%
-$414M
—
$432M
Jun '24
$3.5B
$257M
21.3%
11.2%
6.6%
1.6%
$809M
—
$588M
Mar '24
$3.4B
$187M
20.3%
9.0%
4.7%
1.1%
$37M
—
$457M
Dec '23
$3.3B
$134M
19.1%
7.4%
3.4%
0.8%
$242M
—
$430M
Sep '23
$3.4B
$152M
18.7%
7.8%
4.7%
0.9%
-$259M
—
$989M
Jun '23
$3.7B
$180M
19.7%
8.8%
4.5%
1.1%
$788M
—
$689M
Mar '23
$3.7B
$177M
18.4%
7.7%
4.2%
1.0%
$52M
—
$564M
Dec '22
$3.6B
$459M
18.2%
15.3%
10.5%
2.6%
$307M
—
$837M
Sep '22
$3.7B
$232M
18.0%
9.2%
5.9%
1.3%
-$412M
—
$562M
Jun '22
$3.9B
$109M
20.3%
6.4%
2.7%
0.6%
$783M
—
$775M
Mar '22
$3.7B
$269M
19.7%
10.0%
6.0%
1.5%
$148M
—
$1.1B
Dec '21
$3.5B
$225M
18.4%
9.2%
5.0%
1.3%
$325M
—
$626M
Sep '21
$3.4B
$202M
19.0%
8.7%
4.3%
1.2%
-$257M
—
$633M
Valuation over time
How the market has priced AMCR against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 32.7× (Mar '23) to 20.5× (Nov '26).
The price-to-sales ratio has fallen from 1.8× (Mar '23) to 1.0× (Nov '26).
The dividend yield has risen from 2.8% (Mar '23) to 5.3% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is AMCR growing its revenue and profit?
Over the past 5 years, Amcor's revenue has grown 12.8% per year, and net income grown 3.3% per year. These are computed facts, not advice.
How much debt does AMCR have?
As of FY2026, Amcor reported — of total debt against $1.1B of cash; operating income covered interest expense 2.8×.
What is AMCR's profit margin?
In FY2026, gross margin was 20.0%, operating margin 8.1%, and net margin 4.7%.
What is AMCR's P/E ratio?
Amcor's P/E (TTM) is 20.49 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the AMCR stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 20.5× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.