Amcor plc
- Open
- 46.74
- Day high
- 46.92
- Day low
- 45.60
- Prev close
- 46.68
- Volume
- 311K
- Mkt cap
- $21.1B
- P/E (TTM)
- 19.1
- EPS (TTM)
- $2.39
- P/B
- 1.8
- P/S
- 0.9
- Yield
- 3.41%
- Per share
- $1.56
Amcor plc (AMCR) is a Consumer Cyclical company listed on NYSE. The stock is up 12% over the past year. Drillr has 1 published research article covering AMCR.
Amcor plc (AMCR) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 7 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
AMCR earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Aug 12, 2026 | $1.19 | $1.23 | +3.6% | $6.4B | +3.7% |
| May 6, 2026 | $0.96 | $0.96 | +0.0% | $5.9B | +3.5% |
| Feb 3, 2026 | $0.83 | $0.86 | +3.6% | $5.4B | -6.9% |
| Nov 5, 2025 | $0.93 | $0.95 | +2.7% | $5.7B | -0.1% |
| Aug 14, 2025 | $0.21 | $1.00 | +368.8% | $5.1B | -2.0% |
| Apr 30, 2025 | $0.18 | $0.90 | +386.5% | $3.3B | -4.0% |
| Feb 4, 2025 | $0.16 | $0.80 | +400.0% | $3.2B | -5.5% |
| Oct 31, 2024 | $0.16 | $0.80 | +388.7% | $3.4B | -2.3% |
| Aug 15, 2024 | $0.20 | $1.05 | +412.9% | $3.5B | -2.3% |
| Oct 31, 2023 | $0.70 | $0.80 | +14.0% | $3.4B | +2.2% |
| Aug 16, 2023 | $0.91 | $0.95 | +4.9% | $3.7B | -1.2% |
| May 2, 2023 | $0.91 | $0.90 | -0.6% | $3.7B | -1.3% |
AMCR insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Aug 28, 2026 | Konieczny Peterofficer: Chief Executive Officer | Grant | 11,131 | — |
| Aug 28, 2026 | Suarez Gonzalez Susanaofficer: EX. VP & CHIEF HUMAN RESOURCES | Tax | 1,654 | — |
| Aug 28, 2026 | Wilson Ianofficer: EXECUTIVE VICE PRESIDENT | Option | 5,616 | — |
| Aug 28, 2026 | Konieczny Peterofficer: Chief Executive Officer | Option | 9,753 | — |
| Aug 28, 2026 | Suarez Gonzalez Susanaofficer: EX. VP & CHIEF HUMAN RESOURCES | Grant | 6,633 | $46.75 |
| Aug 28, 2026 | SORRELLS JULIE MARIEofficer: V.P. & CORPORATE CONTROLLER | Option | 769 | — |
| Aug 28, 2026 | Suarez Gonzalez Susanaofficer: EX. VP & CHIEF HUMAN RESOURCES | Option | 4,682 | — |
| Aug 28, 2026 | Rasin Deborahofficer: GENERAL COUNSEL | Tax | 1,661 | — |
| Aug 28, 2026 | Rasin Deborahofficer: GENERAL COUNSEL | Option | 3,748 | — |
| Aug 28, 2026 | Wilson Ianofficer: EXECUTIVE VICE PRESIDENT | Grant | 5,782 | — |
| Aug 28, 2026 | Suarez Gonzalez Susanaofficer: EX. VP & CHIEF HUMAN RESOURCES | Option | 4,554 | — |
| Aug 28, 2026 | Konieczny Peterofficer: Chief Executive Officer | Grant | 15,768 | $46.75 |
| Aug 28, 2026 | Wilson Ianofficer: EXECUTIVE VICE PRESIDENT | Grant | 8,187 | $46.75 |
| Aug 28, 2026 | SORRELLS JULIE MARIEofficer: V.P. & CORPORATE CONTROLLER | Tax | 272 | — |
| Aug 28, 2026 | Rasin Deborahofficer: GENERAL COUNSEL | Option | 3,643 | — |
Source: AMCR SEC Form 4 filings, latest Aug 28, 2026. For informational purposes only — not investment advice.
See the full AMCR insider & 13F page →Amcor plc company profile
Overview
Amcor plc (NYSE:AMCR) is a global packaging company that was incorporated in 2018 and is headquartered in Zürich, Switzerland. The company has its roots in the packaging industry dating back decades through various predecessor companies. Amcor operates as one of the world's largest packaging companies, serving customers across multiple continents including Europe, North America, Latin America, Africa, and the Asia Pacific regions. The company went public in 2012 and has since established itself as a major player in both flexible and rigid packaging solutions. In 2025, Amcor completed a significant strategic merger with Berry Global, creating an even larger packaging conglomerate with enhanced global reach and capabilities.
Business
Amcor operates in the packaging and containers industry, which serves as a critical component of the global supply chain by protecting, preserving, and presenting consumer goods. The company's packaging solutions are essential for maintaining product freshness, extending shelf life, ensuring safety, and providing branding opportunities for manufacturers across various industries. The company operates through two primary business segments. The Flexibles segment represents the larger portion of the business, providing flexible and film packaging products. These include pouches, bags, wraps, and films used primarily in food and beverage applications, medical and pharmaceutical products, fresh produce, snack foods, personal care items, and other consumer goods. Flexible packaging is lightweight, cost-effective, and often provides superior barrier properties to protect contents from moisture, oxygen, and contamination. This segment generates approximately 75-80% of total company revenue. The Rigid Packaging segment focuses on manufacturing rigid containers and closures, primarily serving the beverage and food industries. This includes bottles and containers for carbonated soft drinks, water, juices, sports drinks, milk-based beverages, spirits, beer, sauces, dressings, spreads, and personal care items. The segment also produces plastic caps and closures for various applications. Rigid packaging typically accounts for approximately 20-25% of total revenue and serves customers who need durable, stackable containers that can withstand transportation and storage demands. Both segments serve essential functions in the consumer goods supply chain, with packaging being a non-discretionary component that manufacturers cannot eliminate regardless of economic conditions. The company's products are designed to meet increasingly stringent food safety regulations, sustainability requirements, and consumer convenience demands.
Revenue model
Amcor generates revenue primarily through direct product sales to manufacturers and brand owners across various industries. The company operates on a business-to-business model, selling packaging solutions to customers who then use these products to package their own goods for end consumers. Revenue is generated through the sale of flexible packaging films, pouches, rigid containers, and closures at negotiated prices that typically include material costs plus manufacturing margins. The company's pricing strategy often involves pass-through mechanisms for raw material costs, helping to mitigate the impact of commodity price fluctuations on margins. When petroleum-based resin prices increase, Amcor can generally adjust its pricing to customers with some lag time. This helps maintain relatively stable margins despite volatile input costs. Several factors influence Amcor's profitability and margins. Raw material costs represent the largest expense, with petroleum-based resins, aluminum, and other commodities subject to price volatility. The company benefits when these costs are stable or declining, as seen in recent periods. Volume growth is crucial for operational leverage, as the company has significant fixed costs in manufacturing facilities. Higher utilization rates improve margins substantially. Consumer demand patterns significantly impact volumes, with economic downturns leading to reduced consumption and destocking by customers. Healthcare packaging has shown more resilience, while discretionary categories like premium beverages can be more volatile. Currency fluctuations affect the company's international operations, with a stronger US dollar generally pressuring reported results. The recent merger with Berry Global is expected to generate substantial cost synergies of $650 million over three years, primarily through procurement savings, operational efficiencies, and elimination of duplicate functions. These synergies should provide significant margin expansion opportunities as the integration progresses.
Competitive moat
Amcor's competitive moat is moderate, built primarily on operational scale, customer relationships, and technical expertise rather than insurmountable barriers to entry. The company benefits from significant economies of scale in procurement and manufacturing, allowing it to negotiate better raw material prices and operate efficiently across its global network of facilities. The packaging industry requires substantial capital investment in specialized manufacturing equipment, creating some barriers for new entrants. Amcor's established relationships with major consumer goods companies provide switching costs, as customers prefer reliable suppliers who can meet stringent quality, safety, and regulatory requirements. The company's technical capabilities in developing custom packaging solutions for specific applications create additional customer stickiness. However, the packaging industry is highly competitive with numerous regional and global players. Competition comes from other large packaging companies like Crown Holdings, Ball Corporation, and Sealed Air, as well as smaller regional competitors who can compete on price for standard products. The industry also faces potential disruption from alternative packaging materials and sustainability initiatives that could favor different packaging formats. Regulatory pressure around single-use plastics and environmental concerns pose longer-term challenges, though Amcor has been proactive in developing recyclable and sustainable packaging solutions. The company's investment in innovation and sustainability initiatives, including its AmFiber and AmPrima product lines, helps maintain its competitive position. The merger with Berry Global strengthens Amcor's moat by increasing scale, expanding geographic reach, and enhancing its product portfolio. However, the fundamental competitive dynamics of the packaging industry remain challenging, with customers maintaining significant bargaining power and the constant pressure to reduce costs while improving sustainability.
Risks & safety
Amcor presents a moderate margin of safety with reasonable financial stability but some leverage concerns following the Berry Global merger. **Liquidity and Solvency:** - Cash and short-term investments: $2.0 billion (Q3 2025) - Current ratio: 1.70, indicating adequate short-term liquidity - Debt-to-equity ratio: 2.40, elevated due to merger financing - Free cash flow: $360 million (Q3 2025), though variable quarterly **Valuation Metrics:** - P/E ratio: 17.9x (reasonable for industrial company) - EV/EBITDA: 11.7x (moderate valuation) - Price-to-book: 3.6x (elevated but not excessive) - Trading below historical averages in some metrics **Other Considerations:** - Strong operational cash flow generation capability ($1.3 billion in FY 2024) - Dividend yield provides some downside protection - Merger synergies of $650 million provide upside potential but execution risk exists - Cyclical business model vulnerable to economic downturns - Elevated debt levels require attention to deleveraging
Recent development
Over the past few years, Amcor has undergone significant strategic transformation, culminating in the transformative merger with Berry Global completed in 2025. This merger represents the company's largest strategic move, creating a packaging giant with enhanced global scale and targeting $650 million in cost synergies over three years. The company has intensified its focus on sustainability initiatives, developing innovative product platforms including AmFiber (fiber-based packaging), AmPrima (recyclable solutions), and AmLite (lightweight packaging). These initiatives respond to increasing regulatory pressure and customer demand for environmentally responsible packaging solutions. Amcor has committed to making 90% of its packaging portfolio recyclable by 2030 and achieving net-zero emissions by 2050. Operational excellence has been a key priority, with the company implementing structural cost reduction programs that delivered over $440 million in savings. Management has focused on improving safety performance, with 73% of sites remaining injury-free for 12 months or longer. The company has also strengthened its commercial capabilities by appointing a Chief Operating Officer and creating a Chief Sustainability Officer role. Portfolio optimization efforts include divesting non-core assets, such as the 50% stake in Bericap North America, while focusing investment on priority growth categories including healthcare, protein packaging, pet care, premium coffee, and dairy applications. The company has been particularly aggressive in expanding its healthcare packaging capabilities, viewing this as a defensive, higher-margin segment. The merger integration with Berry Global represents the current strategic focus, with management targeting 40% of total synergies ($260 million) to be realized in the first year. This integration involves combining procurement capabilities, optimizing manufacturing footprints, and leveraging the expanded product portfolio across both companies' customer bases.
AMCR company profile · for informational purposes only — not investment advice.
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