$44.87+18% 1Y

The business

How AMCR's business earns

Amcor earns 5.8% on the capital it employs against an estimated 9.0% cost of capital.

5.8%

Return on invested capital · cost of capital 9.0% · 3.2 points below the estimated cost of capital

Operating margin
7.9%

Operating margin · Packaging & Containers median 6.2% · 12 months to Sep 30, 2026

Cash conversion
1.09×

Cash conversion · 1.64× a year ago · operating cash flow divided by operating profit after tax

Share count, year on year
+0.37%

Share count, year on year · within 1% of a year ago

Operating margin by fiscal year
Operating margin by fiscal year
YearOperating margin
FY202110%
FY20228.5%
FY202310%
FY20248.9%
FY20256.7%
FY20268.1%
Details›
Gross margin12 months to Sep 30, 2026
20%
Operating margin12 months to Sep 30, 2026
7.9%
Net margin12 months to Sep 30, 2026
4.5%
Free cash flow margin
3.2%
R&D as % of revenue
0.69%
Revenue, trailing twelve months
$23.9B
Free cash flow, trailing twelve months
$772M
Net income, trailing twelve months
$1.09B
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
5.8%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.

Amcor (AMCR) Margins and Return on Capital · Ryufin