11 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 3.8% per year over the past 5 years.
Net income has grown slower than revenue (-3.5% vs 3.8% per year).
Operating margin has contracted, at 6.7% in the latest year.
Free cash flow has declined 3.8% per year over the past 5 years.
Financial health
Total debt has grown faster than revenue (25.9% vs 3.8% per year).
Operating income covered interest expense 2.5× in the latest year, down from 4.8× 5 years ago.
Shareholder returns
Dividends have been paid for 11 consecutive years, consuming 165.4% of earnings and 104.3% of free cash flow.
The dividend has grown 2.1% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
2025
$15.0B
$511M
18.9%
6.7%
$810M
—
$827M
2024
$10.1B
$516M
20.0%
8.8%
—
—
$865M
2024
$13.6B
$730M
19.9%
8.9%
$829M
—
$588M
2023
$10.4B
$609M
19.6%
9.5%
—
—
$989M
2023
$14.7B
$1.0B
18.5%
10.3%
$735M
—
$689M
2022
$14.5B
$805M
19.4%
8.5%
$999M
—
$775M
2021
$12.9B
$939M
21.2%
10.3%
$993M
—
$850M
2020
$12.5B
$612M
20.3%
8.0%
$984M
—
$743M
2019
$9.5B
$430M
19.0%
8.4%
$444M
$6.1B
$602M
2018
$9.3B
$575M
19.9%
10.7%
$506M
$4.8B
$621M
2017
—
$564M
—
—
—
—
$562M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$5.9B
$278M
20.1%
7.8%
-$42M
—
$1.6B
Dec '25
$5.4B
$177M
19.1%
6.1%
$282M
—
$1.1B
Sep '25
$5.7B
$262M
19.6%
8.0%
-$371M
—
$825M
Jun '25
$5.1B
-$39M
17.6%
1.7%
$894M
—
$827M
Mar '25
$3.3B
$196M
19.6%
9.4%
$0
—
$2.0B
Dec '24
$3.2B
$163M
19.3%
9.2%
$330M
—
$445M
Sep '24
$3.4B
$191M
19.7%
9.3%
-$414M
—
$432M
Jun '24
$3.5B
$257M
21.3%
11.2%
$809M
—
$588M
Mar '24
$3.4B
$187M
20.3%
9.0%
$37M
—
$457M
Dec '23
$3.3B
$134M
19.1%
7.4%
$242M
—
$430M
Sep '23
$3.4B
$152M
18.7%
7.8%
-$259M
—
$989M
Jun '23
$3.7B
$180M
19.7%
8.8%
$788M
—
$689M
Mar '23
$3.7B
$177M
18.4%
7.7%
$52M
—
$564M
Dec '22
$3.6B
$459M
18.2%
15.3%
$307M
—
$837M
Sep '22
$3.7B
$232M
18.0%
9.2%
-$412M
—
$562M
Jun '22
$3.9B
$109M
20.3%
6.4%
$783M
—
$775M
Mar '22
$3.7B
$269M
19.7%
10.0%
$148M
—
$1.1B
Dec '21
$3.5B
$225M
18.4%
9.2%
$325M
—
$626M
Sep '21
$3.4B
$202M
19.0%
8.7%
-$257M
—
$633M
Jun '21
$3.5B
$255M
21.6%
10.6%
$711M
—
$850M
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 risen from 6.5× (Mar '23) to 38.8× (Jun '26).
The price-to-sales ratio has risen from 0.4× (Mar '23) to 1.3× (Jun '26).
The dividend yield has fallen from 13.9% (Mar '23) to 4.3% (Jun '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 3.8% per year, and net income declined 3.5% per year. These are computed facts, not advice.
How much debt does AMCR have?
As of FY2025, Amcor reported — of total debt against $827M of cash; operating income covered interest expense 2.5×.
What is AMCR's profit margin?
In FY2025, gross margin was 18.9%, operating margin 6.7%, and net margin 3.4%.
What is AMCR's P/E ratio?
As of Jun '26, Amcor traded at a price-to-earnings ratio of about 38.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.