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Amcor (AMCR) Operating Margin % : 8.18% (As of Dec. 2023)


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What is Amcor Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Amcor's Operating Income for the three months ended in Dec. 2023 was $266 Mil. Amcor's Revenue for the three months ended in Dec. 2023 was $3,251 Mil. Therefore, Amcor's Operating Margin % for the quarter that ended in Dec. 2023 was 8.18%.

Warning Sign:

Amcor PLC operating margin has been in a 5-year decline. The average rate of decline per year is -1.2%.

The historical rank and industry rank for Amcor's Operating Margin % or its related term are showing as below:

AMCR' s Operating Margin % Range Over the Past 10 Years
Min: 4.95   Med: 9.52   Max: 11.1
Current: 9.11


AMCR's Operating Margin % is ranked better than
69.11% of 382 companies
in the Packaging & Containers industry
Industry Median: 5.97 vs AMCR: 9.11

Amcor's 5-Year Average Operating Margin % Growth Rate was -1.20% per year.

Amcor's Operating Income for the three months ended in Dec. 2023 was $266 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $1,279 Mil.


Amcor Operating Margin % Historical Data

The historical data trend for Amcor's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Amcor Operating Margin % Chart

Amcor Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.76 8.89 11.00 10.13 9.55

Amcor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.50 9.05 10.43 8.66 8.18

Competitive Comparison of Amcor's Operating Margin %

For the Packaging & Containers subindustry, Amcor's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amcor's Operating Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Amcor's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Amcor's Operating Margin % falls into.



Amcor Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Amcor's Operating Margin % for the fiscal year that ended in Jun. 2023 is calculated as

Operating Margin %=Operating Income (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=1404 / 14694
=9.55 %

Amcor's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=266 / 3251
=8.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Amcor  (NYSE:AMCR) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Amcor Operating Margin % Related Terms

Thank you for viewing the detailed overview of Amcor's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Amcor (AMCR) Business Description

Address
83 Tower Road North, Warmley, Bristol, GBR, BS30 8XP
Amcor is a global manufacturer of flexible and rigid plastic packaging and provides packaging solutions to the food, beverage, pharmaceuticals, medical, household, personal care, and industrials sectors. Operations span more than 40 countries and over 200 locations. Around half of group sales are derived from North America, one quarter from Europe, and the remainder from emerging markets. Amcor operates two distinct businesses: flexibles and rigids. Flexibles accounts for about 80% of earnings and produces plastic, aluminium, and fibre-based packaging. Rigids accounts for about 20% of earnings and consists primarily of hot-fill and cold-fill polyethylene terephthalate bottling solutions in the North American and Latin American markets.
Executives
Arun Nayar director 9 MARSHAL LANE, WESTON CT 06883
Nicholas T. Long director C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Andrea E. Bertone director C/O CORP. SECRETARY, PEABODY ENERGY CORP, 701 MARKET STREET, ST. LOUIS MO 63101
Foufopoulos - De Ridder Lucrece director 83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS30 8XP
Ian Wilson officer: Executive Vice President C/O AMCOR PLC, 83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS308XP
Louis Fred Stephan officer: President, Amcor Flexibles NA 2301 INDUSTRIAL DRIVE, NEENAH WI 54956
Ronald Stephen Delia officer: Chief Executive Officer C/O AMCOR PLC, 83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS308XP
Michael J Zacka officer: President, Amcor Flex Europe 83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS30 8XP
Eric V Roegner officer: President,Amcor Rigid Plastics ARCONIC INC., 390 PARK AVENUE, NEW YORK NY 10022-4608
Julie Marie Sorrells officer: V.P. & Corporate Controller 83 TOWER ROAD NORTH, WARMLEY BRISTOL X0 BS30 8XP
Michael Casamento officer: Executive VP, Finance & CFO C/O AMCOR PLC, 83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS308XP
Gonzalez Susana Suarez officer: Ex. VP & Chief Human Resources 521 WEST 57TH STREET, NEW YORK NY 10019
Deborah Rasin officer: General Counsel TWO PRUDENTIAL PLAZA, SUITE 4100, CHICAGO IL 60601
Achal Agarwal director P.O. BOX 61900, DALLAS TX 75261-9100
Susan K Carter director C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036

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