AMCR Amcor plc

Overview and Growth

In fiscal 2026, Amcor plc recorded $23.51B of revenue, net income of $1.11B, and an operating cash inflow of $2.15B. Revenue of $23.51B sets the scale for evaluating how effectively sales translated into profit and cash during the year. Revenue was 56.6% above fiscal 2025 revenue of $15.01B, marking a year-over-year increase. On a per-share basis, diluted EPS was $2.38, which connects the reported earnings outcome with the company’s diluted share count. Against diluted EPS of $1.60 in fiscal 2025, the current result was 48.7% higher. The revenue-to-assets relationship was 0.63x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $4.69B of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 20.0%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operating income was $1.90B, the earnings remaining from reported operations after the company’s recognized operating cost structure. Operating margin measured 8.1%, showing the portion of revenue preserved after the full set of operating costs. Net income came to $1.11B, completing the progression from revenue through gross and operating profitability to the final reported result. The final earnings result represented 4.7% of revenue, connecting the absolute net income figure with the company’s top-line scale. Pretax income was $1.28B, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. The pretax margin was 5.5%, relating income before taxes directly to revenue. Income tax expense totaled $181.00M, providing the reported tax component that separates pretax and after-tax earnings. The effective relationship between income tax and positive pretax income was 14.1%, without assuming a statutory-rate comparison. Return on period-end equity was 9.4%, relating annual net income to the equity capital on the balance sheet. Net income represented 3.0% of period-end assets, placing the company’s bottom-line result against the total resource base employed.

Liquidity and Capital Structure

At period end, the $37.09B asset base was financed through $25.29B of liabilities and $11.80B of equity. At period end, current assets of $9.33B compared with current liabilities of $7.43B, defining the company’s short-term resource position. The current ratio was 1.25x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Reported cash and equivalents were $1.11B, separating immediately recognizable cash resources from the rest of the current-asset base. The cash balance equaled 15.0% of current liabilities, showing how much near-term coverage came from cash alone. The liabilities-to-assets relationship was 68.2%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 3.0% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $37.07B in fiscal 2025, the current asset base moved 0.1% and finished higher.

Cash Flow and Earnings Quality

The company reported $2.15B of operating cash flow, a cash inflow that shows the cash generated by operations. The operating-cash-flow-to-net-income relationship was 1.94x, comparing cash generated by operations with the bottom-line earnings result. Capital spending was $922.00M, absorbing part of the cash generated from operations before free cash flow. Relative to operating cash flow, capital expenditures measured 42.9%, connecting investment intensity with the company’s cash-generation base. Free cash flow came to $1.23B, leaving a positive amount after capital expenditures. Relative to revenue, free cash flow equaled 5.2%, showing how much sales converted into cash after investment. Measured against total assets, free cash flow represented 3.3%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Jun 30, 2026. Analysis generated Oct 21, 2026.