Amcor PLC (AMCR)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 3,881,000 | 4,026,000 | 4,082,000 | 4,764,000 | 4,626,000 |
| ROE | 18.81% | 26.03% | 19.72% | 19.71% | 13.23% |
June 30, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $730,000K ÷ $3,881,000K
= 18.81%
Amcor PLC's return on equity (ROE) has shown fluctuations over the past five years. In 2024, the ROE stands at 18.81%, representing a decrease from the previous year's 26.03%. This decline may indicate that the company's ability to generate profits from its shareholders' equity has decreased compared to the prior year. However, it is still higher than the ROE values in 2021 and 2020, indicating an overall positive trend in profitability over the past three years.
It is important for investors and stakeholders to further investigate the factors contributing to the changes in ROE to understand the company's financial performance and efficiency in utilizing equity to generate profits. An analysis of key financial metrics, profitability drivers, and management strategies can provide additional insights into Amcor PLC's ROE performance and its implications for future financial health.
Peer comparison
Jun 30, 2024