Amcor PLC (AMCR)
Gross profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,834,000 | 2,693,000 | 2,730,000 | 2,725,000 | 2,711,000 | 2,679,000 | 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 | 2,707,000 | 2,677,000 | 2,643,300 |
| 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 |
| Gross profit margin | 18.88% | 20.00% | 20.16% | 20.11% | 19.88% | 19.45% | 18.96% | 18.73% | 18.54% | 18.73% | 19.07% | 19.13% | 19.39% | 19.67% | 20.03% | 20.69% | 21.24% | 21.57% | 21.44% | 21.28% |
June 30, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,834,000K ÷ $15,009,000K
= 18.88%
The gross profit margin of Amcor PLC demonstrates a noticeable downward trend over the period from September 2020 to June 2023, followed by a gradual stabilization and modest recovery thereafter. Specifically, the gross profit margin declined from approximately 21.28% in September 2020 to a low of about 18.54% in June 2023. This sustained decline indicates that the company's ability to generate gross profit relative to revenue has compressed over this period, potentially reflecting increasing cost pressures or competitive factors affecting product pricing or margins.
Post-June 2023, the gross profit margin begins to exhibit signs of stabilization and slight improvement. From a low of 18.54% in June 2023, the margin rose to approximately 20.11% by September 2024, with further modest increases reaching around 20.16% in December 2024. The data for the first quarter of 2025 suggest a marginal decrease to 20.00%, followed by a slight decline to 18.88% in June 2025. These fluctuations imply a period of margin recovery after a concerning decline, potentially attributable to strategic adjustments, cost management, or favorable pricing conditions.
Overall, the trend reflects a challenging period for gross profit margins, characterized by sustained compression up to mid-2023, succeeded by a tentative turnaround and stabilization in subsequent periods. The observed pattern underscores the importance of competitive positioning, cost control, and pricing strategies in affecting Amcor PLC’s gross profitability over this timeframe.
Peer comparison
Jun 30, 2025