Amcor PLC (AMCR)
Operating return on assets (Operating ROA)
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,009,000 | 1,214,000 | 1,508,000 | 1,239,000 | 1,321,000 |
| Total assets | US$ in thousands | 37,066,000 | 16,524,000 | 17,003,000 | 17,426,000 | 17,188,000 |
| Operating ROA | 2.72% | 7.35% | 8.87% | 7.11% | 7.69% |
June 30, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $1,009,000K ÷ $37,066,000K
= 2.72%
The operating return on assets (ROA) for Amcor PLC over the specified period exhibits notable fluctuations, reflecting shifts in the company's operational efficiency relative to its asset base. As of June 30, 2021, the operating ROA stood at 7.69%, indicating a fairly robust utilization of assets to generate operating income. This figure declined slightly to 7.11% by June 30, 2022, suggesting a modest reduction in operational efficiency or possibly increased asset base without a proportionate increase in operating income.
A significant improvement occurred by June 30, 2023, with the operating ROA rising to 8.87%, which may be indicative of enhanced operational effectiveness, cost management, or revenue growth outpacing asset expansion. However, this positive trend did not sustain, as the ratio decreased to 7.35% by June 30, 2024, reflecting some erosion in operational efficiency or increased asset utilization without commensurate income growth.
The most pronounced decline is observed in the period culminating June 30, 2025, where the operating ROA sharply drops to 2.72%. This substantial decrease signals a considerable downturn in operational performance or a significant increase in assets that has not been matched by a corresponding increase in operating income, potentially highlighting operational challenges, strategic shifts, or asset base expansion that has yet to translate into higher profitability.
Overall, the trend in Amcor PLC's operating ROA indicates periods of operational strength interrupted by periods of decline, culminating in a markedly lower ratio in the most recent fiscal year. This pattern warrants further investigation into underlying factors affecting operating efficiency, asset management, and profitability over time.
Peer comparison
Jun 30, 2025