Amcor PLC (AMCR)
Fixed asset turnover
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 15,009,000 | 13,462,000 | 13,539,000 | 13,549,000 | 13,639,000 | 13,777,000 | 14,034,000 | 14,425,000 | 14,694,000 | 14,930,000 | 14,971,000 | 14,836,000 | 14,544,000 | 14,089,000 | 13,588,000 | 13,184,000 | 12,861,000 | 12,550,200 | 12,484,200 | 12,424,300 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | 4,247,000 | 3,762,000 | 3,741,000 | 3,687,000 | 3,589,000 | 3,646,000 | 3,772,000 | 3,695,000 | 3,701,000 | 3,761,000 | 3,681,000 | 3,767,000 | 4,153,000 |
| Fixed asset turnover | — | — | — | — | — | — | — | 3.40 | 3.91 | 3.99 | 4.06 | 4.13 | 3.99 | 3.74 | 3.68 | 3.56 | 3.42 | 3.41 | 3.31 | 2.99 |
June 30, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $15,009,000K ÷ $—K
= —
The fixed asset turnover for Amcor PLC demonstrates a generally upward trend from September 30, 2020, through September 30, 2022, indicating increased efficiency in utilizing fixed assets to generate revenue during this period. Specifically, the ratio increased from 2.99x at the end of September 2020 to a peak of 4.13x as of September 30, 2022. This suggests that the company progressively improved its fixed asset utilization over this two-year span, likely through enhanced operational efficiencies or strategic asset management.
However, following this peak, there is a noticeable decline in the ratio. From September 30, 2022, to September 30, 2023, the fixed asset turnover decreased from 4.13x to 3.40x. This reduction may indicate a decline in asset utilization efficiency, potentially due to increased capital expenditures not immediately reflected in revenues, operational disruptions, or strategic shifts in asset deployment.
Overall, the trend reflects an initial phase of improving asset efficiency culminating in a peak in late 2022, followed by a moderation or decline in subsequent quarters. The ratio's fluctuations should be interpreted in conjunction with other operational and financial context to determine the underlying causes, but purely from a ratio perspective, the pattern indicates a period of optimization followed by a period of decreased efficiency.
Peer comparison
Jun 30, 2025