Amcor PLC (AMCR)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,214,000 | 1,508,000 | 1,239,000 | 1,321,000 | 994,000 |
| Revenue | US$ in thousands | 13,271,000 | 14,601,000 | 14,402,000 | 12,741,000 | 12,467,500 |
| Operating profit margin | 9.15% | 10.33% | 8.60% | 10.37% | 7.97% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,214,000K ÷ $13,271,000K
= 9.15%
Amcor PLC's operating profit margin has shown fluctuations over the past five years. In the most recent fiscal year ending June 30, 2024, the operating profit margin decreased to 9.15% from 10.33% in the previous year. This decline suggests a lower proportion of revenue converted to operating profit in 2024 compared to 2023. Despite this decrease, the operating profit margin in 2024 remained above the levels observed in 2022 and 2020. The company experienced a peak operating profit margin of 10.37% in 2021, indicating strong profitability that year. Overall, the trend in Amcor PLC's operating profit margin appears variable, and further analysis of the factors influencing these fluctuations would be necessary to assess the company's operational efficiency and profitability.
Peer comparison
Jun 30, 2024