Amcor PLC (AMCR)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 893,000 | 828,000 | 812,000 | 1,142,000 | 1,241,000 | 1,206,000 | 1,336,000 | 1,130,000 | 1,105,000 | 1,221,000 | 1,218,000 | 1,206,000 | 1,200,000 | 1,114,100 | 1,013,100 | 970,100 | 799,100 | 727,800 | 631,400 |
| 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 |
| Pretax margin | 6.72% | 6.16% | 5.93% | 8.10% | 8.60% | 8.21% | 9.04% | 7.69% | 7.67% | 8.75% | 9.05% | 9.24% | 9.44% | 8.96% | 8.17% | 7.84% | 6.41% | 6.10% | 5.69% |
June 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $893,000K ÷ $13,287,000K
= 6.72%
The pretax margin of Amcor PLC has shown some fluctuations over the past few quarters. From December 2019 to June 2020, the pretax margin ranged between 5.69% to 7.84%. However, there was a significant increase in the pretax margin to 9.44% by March 2021, which was a peak during the period analyzed.
Subsequently, there was a slight decline in pretax margin in the following quarters, with the lowest point being in March 2022 at 7.67%. However, the pretax margin started to recover and reached 9.05% by March 2022.
The trend continued with some fluctuations, reaching a dip of 5.93% by December 2023, before increasing to 6.16% by March 2024. The latest available data shows the pretax margin at 6.72% in June 2024.
Overall, the pretax margin of Amcor PLC has shown variability but has generally remained above 5% and below 10% over the analyzed period. It is important for the company to continue monitoring and managing its pretax margin to ensure profitability and operational efficiency.
Peer comparison
Jun 30, 2024