Amcor PLC (AMCR)
Gross profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,712,000 | 2,725,000 | 2,820,000 | 2,732,000 | 2,536,000 |
| Revenue | US$ in thousands | 13,271,000 | 14,601,000 | 14,402,000 | 12,741,000 | 12,467,500 |
| Gross profit margin | 20.44% | 18.66% | 19.58% | 21.44% | 20.34% |
June 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,712,000K ÷ $13,271,000K
= 20.44%
The gross profit margin of Amcor PLC has demonstrated slight fluctuations over the past five years. It stood at 20.44% as of June 30, 2024, representing an increase compared to the previous year's margin of 18.66%. However, this current margin is lower than the margins reported in fiscal years 2021 and 2020, which were 21.44% and 20.34%, respectively.
The trend in the gross profit margin indicates some variability in the company's ability to generate profits from its core business activities. While the recent increase from the prior year is a positive development, further analysis may be required to understand the factors contributing to these fluctuations and to assess the company's overall profitability and operational efficiency.
Peer comparison
Jun 30, 2024