Amcor PLC (AMCR)
Net profit margin
Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 730,000 | 1,048,000 | 805,000 | 939,000 | 612,000 |
Revenue | US$ in thousands | 13,271,000 | 14,601,000 | 14,402,000 | 12,741,000 | 12,467,500 |
Net profit margin | 5.50% | 7.18% | 5.59% | 7.37% | 4.91% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $730,000K ÷ $13,271,000K
= 5.50%
The net profit margin of Amcor PLC has shown fluctuations over the past five years, ranging from 4.91% in 2020 to 7.37% in 2021. The margin decreased to 5.59% in 2022 before slightly increasing to 7.18% in 2023. In the most recent financial year ending June 30, 2024, the net profit margin decreased to 5.50%. This trend indicates some volatility in the company's ability to convert revenue into profit over the years, with the company experiencing both increases and decreases in its profitability. Further analysis would be needed to understand the factors driving these fluctuations and to assess the overall financial health and efficiency of Amcor PLC.
Peer comparison
Jun 30, 2024