Amcor PLC (AMCR)
Gross profit margin
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,712,000 | 2,680,000 | 2,661,000 | 2,702,000 | 2,725,000 | 2,797,000 | 2,855,000 | 2,838,000 | 2,820,000 | 2,771,000 | 2,722,000 | 2,728,000 | 2,732,000 | 2,706,500 | 2,676,500 | 2,642,500 | 2,535,500 | 2,348,500 | 2,116,300 |
| Revenue (ttm) | US$ in thousands | 13,287,000 | 13,444,000 | 13,703,000 | 14,104,000 | 14,423,000 | 14,693,000 | 14,784,000 | 14,689,000 | 14,410,000 | 13,953,000 | 13,452,000 | 13,050,000 | 12,710,000 | 12,430,700 | 12,400,700 | 12,377,800 | 12,467,500 | 11,925,300 | 11,094,200 |
| Gross profit margin | 20.41% | 19.93% | 19.42% | 19.16% | 18.89% | 19.04% | 19.31% | 19.32% | 19.57% | 19.86% | 20.23% | 20.90% | 21.49% | 21.77% | 21.58% | 21.35% | 20.34% | 19.69% | 19.08% |
June 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,712,000K ÷ $13,287,000K
= 20.41%
The gross profit margin of Amcor PLC has shown some fluctuations over the past several quarters. The trend indicates a slight decrease in the gross profit margin from 20.34% in Sep 2020 to 19.93% by Mar 2024. However, there were periods of increase as well, such as a peak of 21.77% in Mar 2021.
Overall, the company's gross profit margin has been relatively stable within the range of 18.89% to 21.77% over the analyzed periods. This suggests that Amcor PLC has managed to maintain a consistent level of profitability in relation to its cost of goods sold. It would be important to further investigate the factors contributing to these fluctuations to assess the company's operational efficiency and pricing strategies.
Peer comparison
Jun 30, 2024