Amcor PLC (AMCR)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 730,000 | 653,000 | 643,000 | 968,000 | 1,048,000 | 977,000 | 1,069,000 | 835,000 | 805,000 | 951,000 | 949,000 | 943,000 | 939,000 | 863,100 | 777,100 | 744,100 | 612,100 | 513,600 | 445,200 |
| 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 |
| Net profit margin | 5.49% | 4.86% | 4.69% | 6.86% | 7.27% | 6.65% | 7.23% | 5.68% | 5.59% | 6.82% | 7.05% | 7.23% | 7.39% | 6.94% | 6.27% | 6.01% | 4.91% | 4.31% | 4.01% |
June 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $730,000K ÷ $13,287,000K
= 5.49%
The net profit margin of Amcor PLC has exhibited variability over the past several quarters. The margin has ranged from a low of 4.01% in December 2019 to a high of 7.39% in March 2021. In the most recent quarter, the net profit margin stood at 5.49%. This indicates that for every dollar of revenue generated, the company retains approximately 5.49 cents as profit after accounting for all expenses.
The fluctuation in the net profit margin may be attributed to various factors such as changes in revenue, cost of goods sold, operating expenses, and one-time charges. A relatively higher net profit margin signifies better cost management and efficiency in generating profits, while a lower margin could indicate higher expenses relative to revenue.
It is important for investors and stakeholders to monitor the trend in the net profit margin over time to assess the company's profitability and financial performance. Additionally, comparing the company's net profit margin with industry peers can provide valuable insights into its competitive position within the market.
Peer comparison
Jun 30, 2024